What is your view about lending coin?

[ducnh1022]

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?

[AngelOnCrypto]

Stay away from Bitconnect. A scam and a Ponzi scheme.

[Virtual miner]

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?

Lending coins to me look like somewhat a great concept but the problem is the execution. In practicality if you have transfered amount on someone's Private key there is no way you can get it out without his approval. So you can lend him but there is almost no collateral so no guarantee that you can get the lent money back.

Stay away from Bitconnect. A scam and a Ponzi scheme.

I don't know if its scam or ponzi but its getting a lot of buzz because of it ticker BCC people are confusing it with bitcoin cash.

[okala]

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?

I have read some reviews that bitconnet is a ponzi scheme and a warning that one should stay away from every ponzi schemes especially if you don't know how it works. If you want to make money from lending your coins I think the right place is poloniex as this people has been in this business for long and a good track records.

[nydiacaskey01]

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?

I think Bitconnect is the pioneer in this concept but their promise of daily interest and almost 1 year of holding your collateral is very risky. You might be able to earn your capital back in two to three months since interest that Bitconnect promises can go as low as Zero and as high as 2%. Vitalik already warned investors about this kind of scheme.

[Erkallys]

Stay away from Bitconnect. A scam and a Ponzi scheme.

That is what I heard too. Not exactly that, but I heard that beside other things, they manipulated the price with a dedicated exchange where more than 90% of the volume does come from. A crypto-curency really to avoid.

[TaKlarPH]

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?

I think Bitconnect is the pioneer in this concept but their promise of daily interest and almost 1 year of holding your collateral is very risky. You might be able to earn your capital back in two to three months since interest that Bitconnect promises can go as low as Zero and as high as 2%. Vitalik already warned investors about this kind of scheme.

I am with this user right here is to risky and lending somtimes lead to none paying users who receiveds coins.

If I were you should never barrow and lend bitcoin or coins. Just for me you cant trust anyone but if your the one who wants to barrow be sure to pay it. Other have post what you need to read and know.

[SlimShadyMmp]

If You have enough coins the best idea is to invest (icos sell the coins for a better one). Lending is funny business hold your coins if you cant invest or else your just blindly investing

[batang_bitcoin]

Bitconnect is a ponzi scam. You must stay away from it and these concepts probably took the idea first of BCC. I would not prefer to have some daily interest for profit taking if it is not realistic. Start to learn what trading is and focus with the most popular coins or if you dont want to, just buy and hold bitcoin.

[phabc]

Come on, Bitconnect is not a lending coin.

[OuterTech]

It's ponzi scheme ) You'll be received more money every month if you can invite someone sign up and invest money under your refferal link. At the moment there are a lot of lending ICO in this forum ). I will never joining any ICO like that cause I really really hate this kind of business.

[freebutcaged]

Lending coin, money with a high interest rate is a sin for Muslims mate, participating in any program with same results, is a sin. I know that people

Around here have no religion, believe in only one God which is money. they are not stupid to fall for these new Ponzi schemes.

[ducnh1022]

Lending coin, money with a high interest rate is a sin for Muslims mate, participating in any program with same results, is a sin. I know that people

Around here have no religion, believe in only one God which is money. they are not stupid to fall for these new Ponzi schemes.

Wew, that is awkward for me  

[JCLee]

Lending? It's exactly ponzi scheme but they just want to call it with different way to make it seem more truthworthy. LOL. There are a lot of people join lending system like hextracoin, Bitconnect or Regalcoin. I think if you don't wanna lose your money you shouldn't invest your money in these kind of cryptocurrency or system )

[Mr.Junker]

I think the lending model is legitimate, the need to watch out for is the continuity and coin guarantees lent to development, current lending models such as multi-level marketing that support the reff model, we lend our capital to development to be played for daily benefit / per month within a certain time, but what is the guarantee for us that the funds in lending that it safe, not afraid of being taken away / lost. but the choice is yours, is lending model is ponzi or scam? we can see and understand such models in this forum, have discussed many pro and cons about lending model .. the choice is yours !!!!

[polymerbatt]

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 comes from the percentage of the amount that the lender want, usually there is a deal before the lending happened. In my opinion lending coin is a decent business but the risk is quite big because sometimes people can't pay back his loan and your money turn it into his collateral.

[Legend1123]

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?

I have no sympathy for lending and I do not care about it even though it is a trend now and many ico have followed this trend.

[GetOutOfMyLife]

I know that to gain profit, lending coin like BCC decreasing their total supply. And they seem like HIYP.

[Teraboy]

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?

I have no idea about these scam coin, just like bitcoin that the UK already stated as the bitconnect as the real ponzi scheme in this time. All of them were same. Just avoid to talk about these ponzi scheme.
Remember a lot of the ,manipulation in there.

[socks435]

Why did you included bitconnect.. i saw this always advertise in facebook and youtube.
and its not safe to invest.. what you mention they are not safe to invest if you really wanted to invest why not invest more in bitcoin or bitcoin cash or altcoin which is already in good rankings in coinmarketcap than you investing it in lending coins..