You present a fair case but they did cheat people out of their money. Lets say you had $1000 invested. Bitconnect is refunding people at a rate of " $363.62 USD". You would get roughly about 3 bitconnect tokens. However the price of bitconnect is 30 bucks therefore you are losing a heck of a lot of money.
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true but the potential for loss minimalisation, or even possibly profit, is still their as the value should rise back up after a few months.