I would be very shocked if it was still going this time next year. The bitconnectX thing i just strange and a $50 is taking the piss. I am around 5-6 days away from get my investment back back my bigger loan and then its risk free for me and playing with house money :)
I think the longer this goes on, the worse it is because not only will lots of people lose money, the longer it lasts the more people become dependent on it as a source of income. I think that's were the real damage is. When bitconnect crashes, those credit cards still need paid and alot of people are going to look very foolish. Even some the bigger youtubers are not talking about it anymore and moving on to other things.
Thanks for commenting buddy