Bitconnect is widely regarded as a scam platform that does not pays its users. Here's why;

1) Ponzi Scheme

Bitconnect's business model relied heavily on recruiting new investors to pay returns to earlier investors, rather than generating revenue through legitimate means. This is a classic characteristic of a Ponzi scheme.

2) Unrealistic Returns

Bitconnect promised unusually high returns, often in excess of 1% per day, which is unsustainable in legitimate investments.

3) Lack of Transparency

The project's inner workings, operations, including its code and business model, were shrouded in mystery, making it difficult for investors to understand how returns were generated.

4) No Real-World Use Case

Bitconnect's cryptocurrency, BCC, had no real-world use case or utility beyond the platform itself.

5) SEC Investigation

The Securities and Exchange Commission (SEC) investigated Bitconnect and ultimately charged its founders with operating a $2.5 billion Ponzi scheme.

6)Collapse

Bitconnect collapsed in January 2018, resulting in significant financial losses for investors.

Conclusion

Given the following reviews, It's clear that Bitconnect is a scam that takes advantage of unsuspecting investors. It's essential to avoid investing on scam platforms like Bitconnect, and thoroughly research projects before investing.