One of the most controversial aspects of Bitconnect is their referral program. Up until now, they've been promoting unlimited levels. This means you'd earn bonuses from downlines extending as far as they go.
Is this sustainable for the company?
Bitconnect's referral program has helped move the coin into the top #20 rankings. On occasion, BCC has even broken the top 10.
But yesterday, the company wisely decided to limit the referral levels to seven.
This is a very good thing for BCC and those involved with the project. It signals the company's longterm commitment to running a sustainable operation beyond its current rapid-growth phase.
I wouldn't be surprised to see more changes to Bitconnect's various growth strategies in the future.
Let's hope Bitconnect is more than a short-lived HYIP.
Time will tell...