What is your view about lending coin?
Bitconnect, Hextracoin, Regalcoin, Firstcoin and many more.
I just see profit from lending, where is that profit from?
The profit came from the new investors. It is a ponzi scheme and soon they will shut it down like what happened to bitconnect. They don't have any working product and only relying on the investors money that comes in.
I agree with you. Ponzi schemes which turns into scam.
Just look at what happened to bitconnect. People in the forum are talking about its downfall 2 months before the closure order of the court.
And they did exit scam after 2 years of operating, and their currency turned into nothing. Too sad about the people who invested in it.