Bitcoin Forum

I think after BitConnect, it is very tough to invest on any lending program. But this thing called “Circle” got very likable setup, so I like to know how you guys feel about this and whether it is really worthy of an investment?

Tell me whether you are going to invest on this? The presale starts tomorrow with 10% bonus for FIRST 100 investors. Are you going to try to be the out of FIRST 100 one?

https://www.circlenet.io/

Hell NO. After what happened to BitConnect? I don't think it will gain significant traction after what Bitconnect pulled up. Many already called BitConnect a scam, but others didn't listen and now they disappear and nowhere to be found.

So it leads a bad taste from investors who have lost their money on BitConnect. And now suddenly "Circle" came out. I don't know mate but I personally wouldn't put money on it. I don't know about the others, but I hope that every one should be cautious, I'm not saying that "Circle" is a scam, only time can tell. However, just be very careful here. I would rather hold my funds in bitcoin than investing it right now. Too much scam out there. Just saying.

No sh*t sherlock. Why people so crazy about getting profit from lending platform. i mean hey, its cleary ponzi scheme, he just pay you from anyone register after you and repeat until there no more participant. If you lucky enough youll get your capital back plus profit, but if not, you just end up loosing money.

In all fairness, if a person of the family becomes criminal, it’s not necessary that everyone is like that. Circle is not BitConnect 2.0, it’s very much different and comparison made won’t be really correct. I don’t think it’s suddenly Circle coming up, it’s being prepared for long time now and finally, now the time has come for the presale.

They had whitelist open prior to the presale, so it was a long process that now finally finished towards presale and even that got long phase. So, everything they do is well planned and in an organized way. It’s immature to label it alongside BitConnect.

That’s the thing dear. The problem was PONZI scheme and the actual reason why BitConnect eventually died. Circle is NONE of that. They don’t run on the PONZI Scheme instead have proper structure.

It is one of the WORST things to invest into Ponzi scheme, but like I said this is absolutely nil on that. I really consider Circle highly, and once the presale begins I will certainly add it to my portfolio.

 ??? dont be that stupid.. :o

It’s okay to have reservation over something, but to have an actual picture even before the thing has arrived is just not done. Circle might not reach anywhere, but give it a chance! BitConnect failure is nothing to do with Circle. And more so, it’s not even that dreadful Ponzi thing!

What makes you feel comfortable with this loan scheme? This is just a turnaround between the borrower and the borrower. Your money will be used to lend people, the same way you receive them from people. Yes this is definitely a ponzi scheme. Waiting time to receive loss.

I do not like these kinds of lending programs from start neither I participated in bit connect and nor I will participate in any other because I am sure they are Ponzi scheme and they will scam one day for sure then what is the worth joining them when you know they will scam for sure its better person should focus on trading because it will be here for sure and not going anywhere.

Well,like you mentioned bitconnect has been a disaster and of course people will stay away from lending platforms.No matter what they promise to do I have no business investing in it.Anyway, investments carry risks and after you do your due diligence you can decide to take a risk.

Yes, in the end it's up to the user if he will invest or not. It's his money anyway. But for me, I'll not invest on this one. Too many lending platforms so it means there might be some loopholes within those projects that's why they are sprouting like a mushroom.

No dear, that’s incorrect. I believe PONZI scheme is where there is actual work out, so people are just switching hands as far money is a concern. But here, it is genuine purpose not a randomly put up investment stuff. Although, I am not jumping to say this is 100% successful route, but comparing it to PONZI scheme is not incorrect, but unfair!

I want to invest in this but dude how is to tell if it’s good or not? The sales have not even STARTED! Too early to say what this is made up of! Looking in to see how it goes…. Will comment once it comes near the launching period on exchange!

Well bitconnect died so what do you think its gonna be next of this circle? Its something like ponzi scheme ... Dont spend your money its just a matter of time for it to loss too. Too many examples to check

I think everyone will be more critical after bitconnect, and that's a good thing. Case in point, we don't know enough about circle to invest or anything just yet.

Anyone who got even 1% brain will agree with you. The WORST thing to do is to invest in Ponzi Scheme, at least bigger amount. But mate, this is not that! Not by ANY chance! The unfortunate part is that people don’t do their homework correctly. So, that is what makes them miss out on genuinely good option like this one here with Circle!

The problem was the way Bitconnect worked, it was meant to drop sooner or later. But like I mentioned above, it’s the concept you got to see. I am at NO stage will stay this thing “Circle” is going to be the NEXT star guaranteed, but what I am saying is that this is one to look for and it’s NOT Ponzi scheme as some might instantly put it into like!

I don't really believe in this project and don't want to invest. Although it is possible that in the short term the price will go to the moon. What do you think? Thank you for your opinion.

Absolutely on the spot that. It’s ultimately down to individuals to be making the decision. I just have one mindset; it is NEVER to commit 100% on where I will be investing, as it got to be done according to the situation. I am sure, it was pretty common to hear people talk about Bitcoin not good enough when it was struggling around $100, but look how much they regret it now. So, it’s just down to the time that can change anyone’s mindset. If we just run around finding loopholes, then sorry dear this world is just not perfect!

Crypto users are not giving sympathy with bitconnect case. If you are thinking we will invest in this kind of ponzi project and you are really wrong. we will never try to invest in this kind of shit project. Because bitconnect has been giving a lot of knowledge about the ponzi scheme will be turning into the scam project at the end of story.

Obviously, no one can say if it’s good enough or not, at least not at this stage. But I just asked the views not guarantees on it. I too am just looking at it whether it is worthy to go with big investment or not.

Ever since I heard before about bitconnect its a kind of lending platform, where everybody's thought that this is a kind of scam where they are right about their prediction about it. SO after what happened in this I think it will be hard to believe and to trust so easily in this kind of a system has.

Actually, the biggest problem is that people are comparing everything with Bitconnect, I don’t think that is a fair comparison in any way at all. Seriously, I don’t know why people repeat Ponzi scheme, it’s NOT THAT! I will be the FIRST one to shout out at Ponzi scheme or HYIP, but this is NONE of that!!

That is the RIGHT attitude, but unfortunately, this came too late. People already have lost massive amount now and fuming over other lending related ICOs even if they are not same. At least, I TRULY believe that this thing “Circle” is NOT Ponzi scheme which BitConnect was. I could be wrong about it achieving big things, but I bet not to be wrong on the Ponzi part, as this is absolutely different from that.

If you want to invest to this token, might just try to cancel the plan and join the ethlend instead. Ethlend I guess is a better option none yet had claim its a scam but  its project is on progress and the their token is already rising up. If you have invested to bitconnect which is a real scam from the start, you really didn't listen to the warnings from the people who kept bugging the team to get a real job.

That’s a fair thing. But I hope you keep in touch, as you might have to change your mind in time to come. I NEVER like projects that show short-term price jumping then fizzling out, it is important to have one with stable journey instead of just temporary push to collect investors; as such projects are just short runs. I have serious expectations from here, but at no point, I am running dead on it. I have many investments, but this one is my LATEST adventure or to be, as the sales are to start today in few hours.

But mate, I never asked for you to invest, I asked whether it’s a good investment or not and that was more to do with making an investment by myself! So, all your points were just incorrect. I feel bad for people who lost on BitConnect, as that includes some of my friends who lost over 5-6k! But that’s that, it’s no point to move that kind of stuff with you.

Life is all about moving on. I didn’t lose much, but that’s because all my investment is very nicely divided, it never hurts me much with one going off. I will get into this as well in very balanced manner, but I do have serious hopes here!

LOL  ;D FIRST let the sale start AT LEAST  ::)

I think the problem is not about trust, it's about TOO MUCH. I too lost some on Bitconnect, but was not something that made me cry or run wildly in anger. So, the point is you make sensible kind of investment with ANYthing you pick. Unfortunately, some people just go mad and pour everything in and then they end up crying.

I will invest in this but certain amount where I feel comfortable like I have done with MANY upcoming ICOs already, so at worst, I am not losing all that much but if it works then I could gain pretty healthy stuff.

I invested very low amount, so the loss was actually not big for me. I never make a big investment in any ICO, as it's too risky. I always divide it very sensibly. What do you think makes Ethlend better than Circle? And can you refer to some details about it?

Yeah right...

Stay away from PONZI coins!!!!

Very good advertisement. Is there any bounty campaign or airdrop?

That is true but this is not a Ponzi coin dear friend.

I think you should look at here, as I am not the guy who can answer this. https://bitcointalk.org/index.php?topic=2713402.new#new

But they did tell on there that they have Bounty campaign and it's full. But you can get the confirmation If you like.

i will not recommend to invest in this www.circlenet.io ICO lending program for it has a suspicious pattern of something like a ponzi scheme it is much better to stay away from them.

You should invest carefully, research and analyze the coin you want to invest instead of investing only because someone shared with you. Investing in the basic knowledge of the market and cryptocurrency is very good so that you can invest in the best way in this market. There should be a reasonable allocation strategy and do not be too greedy when the market is always volatile, sell out when it is profitable. You can participate in ICO projects, currently it is a very good trend so you can invest long term for your property.

Very difficult position for circlenet after the bitconnect gate I think many investor will not be interested to jump in. I will first look for other ICO not related or bitconnect. I hope in near future We can prevent that kind of company eliminate those scammer from true crypts because it ruins the crypts reputation.