This is not a post to start a debate ! If you're like me and understand why this is a scheme and are a supporter of Bitcoin and alt-coins.. than you're probably as upset as I that this coin is out there! The clock is ticking until it blows up in the investors faces and gives a bad name to Bitcoin. I have recently had friends approached about this, and even approached myself. So I got to thinking.... Will this just be a tiny blip on BTC radar? Will this have a large effect and scare thousands of would be crypto owners away for good? Will it send Bitcoin's value straight down?
I think this is not a big thing And it seems that you have not made research about it very well .
This is the truth that the name of bitcoin is exists innthe name of bitconnect , but can you see that there are lots of coins which have same name like bitcoin have ( like bitconnect ) .
So instead to think that is there any problem with such names , then forget it .
Here we should see at this thing positively that we have option like bitcoin where we can make profit .
And also we can see that there are many coins which have same name but noy Exactly same , for example you can see OMG coin at Bitrex whose value is much high but opposite of this OMG coin with same name is available at yobit whose value is very small .
So i don't think that names are big matter here to interfere the Market .