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Yeah it is very true. They keep pumping it and telling everyone about it.

Soooo true

It is definitely a ponzi but that doesn't mean you cant ride the wave and make money while you can. check my article i talked about most areas of bitconnect

That is true but think about one thing, if no one ever invested in such ponzis then they would close having no scammed investors, you could make money but others will be scammed in exchange.