BitSerial - Lending program

[lakimens]

This looks like the next BitConnect, it looks legit. I am planning to invest in it. Do you think it's legit?

[lakimens]

Yes I think this will do well like regal coin. I bought 4k coins. If you would like to join

Do not post referral links in my thread, I didn't even post mine..

[lakimens]

I think it'll work out just fine, Bitconnect and Regal were a huge success. Why can't this be?

[Mpamaegbu]

The way lending coins are becoming rampant this day should become a thing of concern. Yes, concern should come in because I believe along the line some scamming devs will want to sneak in and wreck unsuspecting public of their money. There are Westerncoin, glasscoin and hextracoin (I participated in those at ICO) still waiting to be listed on CMC. Before I get quoted out of contex, I am not saying bitserial is scam. No, I am not insinuating that. I may buy into the ICO once I peruse the white paper and find out its focus aligns with my pursuit. I like lending coins and I am involved in bitconnect and regalcoin. My only concern is devs going bad.

Yeah, there are some scams as well, EthConnect was the most obvious one, hope the didn't get any money.
Did you get scammed by three ICO's?

Nah! I am very hopeful the three ICOs will turn out well and profitable too.

[lakimens]

Yeah, there are some scams as well, EthConnect was the most obvious one, hope the didn't get any money.
Did you get scammed by three ICO's?

[GreatOrchid]

Those this kind of ico's still exists? there is a facebook and twitter campaign about EthConnect, the new ico that will be the same as bitconnect, everything that claims to be a lending platform in a form of ico is a SCAM, you should not been promoting this because you are supporting "hyip's" in other words.
Try to avoid to invest in those kind of sites, they all will become scam in some months, or even weeks.

[joinfree]

Probably a scam.. i can smell it from miles away that this is going to be the same as bitconnect.. be serious man, how do you think that they are able to sustain a project who is giving 1% a day to their investors? it is impossible.. Not even banks can do that (they will give you 0.50% a month if you are lucky)
Stay away from this kind of projects, yes, they all are scam and you are not lucky you will not even recover a 1/2 of your total invested amount.

[bitcoinbox]

a project who is giving 1% a day to their investors? it is impossible..

They offer 1% a day, seriously? So after approx 4 months I will double my investment?
This sounds very scammy, hard to believe it is legit.

[clickerz]

a project who is giving 1% a day to their investors? it is impossible..

They offer 1% a day, seriously? So after approx 4 months I will double my investment?
This sounds very scammy, hard to believe it is legit.

Seems like an HYIP tag line. Hope its not, or they can explain well their source of profit to make the business afloat and pay their clients  or investors.  Though I like the lending program to help the marginalized and there are many platform already to choose depending on what region.

[Othryos]

This few month look like so many cryptocurrency  come out by lending to promote they coin maybe is legal maybe is scam look at the whitepaper & roadmap first think properly then invest on it 

[dacryptomoney]

1% a day seems ridiculous to me...it's a scam for sure.

[Anonylz]

yeah obviously that it is a scam site, there is no way to give such those returns to their countributors, i just saw a guy who was going to invest more than $15 thousand dollars on bitconnect because he thought that he was going to triplicate that amount of money in just a year, he is insane, he needs to see the reality and understand that this is a pure scam.
the same applies to ethconnect and this weird project that i have never heard about.

[lakimens]

I feel like I have to point this out.
I am not investing in the lending, I think the currency is the money machine.

[jmlona]

I feel like I have to point this out.
I am not investing in the lending, I think the currency is the money machine.

So you are intent on buying the currency as you feel many others will fall in to the trap of the ponzi scheme that this will almost certainly be? I do not trust anything that is of such premise as bitconnect etc. If I understood correctly I see merit in your strategy but it is still very risky, just like any ponzi scheme it only needs the plug to be pulled and then your investment is worthless.