The Next Credence Coin right here folks!!!! Devs are dumping on your asses, LOL!!!!
Julian is laughing all the way to his BitCoin Wallet!!!
Better Dump now!!!
Truth is, once it hits external exchange, you better dump all your coins because this will crash like Credence Coin.
Keep listening to CryptoBouse, LOL, you should have dumped at $15, now your are closer to being broke, LOL.
None of these Lending programs are worth anything. I warned people on Credence Coin after I couldn't get paid from mining it but no one believed me.
The truth is, its not decentralized so DEVs continue to have 100% control.
Get out when you can and if you can!!! My advice, just continue to invest in BitCoin, Ethereum, Ripple, Dash, Monero, and Zcash. Do that and you won't have to worry about anything in crypto, then if you want to play in these bullshit Lending Programs only do 2% - 5% because you should be flipping to make more BitCoin!
The same goes for shit-alt coins, flip them to make more BitCoin!
Good Luck to all and Peace Out!!!
It's one thing if you don't like lending platforms and consider them a bad investment, but it's another thing to compare them all to Bitpetite or Credence coin.
As someone who owned Credence, I held on to my investment (bought under a dollar) waiting for the website and lending platform to launch. But it never did. One dev secretly unloaded his holdings over time, and the other dev (supposedly) didn't know about it and was left holding bags (I personally don't believe it, I think they both unloaded). In fact, when those rumors began to circulate, one dev kept hope alive that the website and lending platform was ready to launch ahead of schedule, causing the price spiral to reverse. However, when the website didn't go live when he said it would, the price plummeted. Then he came on this website and told everyone the show was over, that the other dev had "secretly" dumped his stash the previous weeks. Now Credence is dead, and along with Bitpetite serves as a warning not to invest in lending platforms that don't have a working product.
It's one thing if you don't believe in Davor, but please don't compare them to Credence. Credence was a straight-up scam that never even attempted to have a working product. Davor not only has a working product, but compared to Bitconnect and especially Regal, has had far fewer problems getting their act together.
If someone wants to invest in a lending platform and benefit from compound interest, there's really on three choices as of now - Bitconnect, Davor, and Regal (to be fair, I've heard good things about Hextra but I've yet to try it).