It is totally a scam. You can explore the block chain for yourself. About 98% of the coins are all controlled by the people who own the block. Mining pays very little. (I was looking at setting up a node until I found and online block chain tool..) The coin just makes the scam more complecated... read all about it here. https://steemit.com/bitconnect/@cryptick/bitconnect-scam-inside-the-facebook-profile-of-a-scammer-part-5