Topic: Lending Platform - Is this sustainable rates? - page 2. (Read 362 times)
lending platforms mostly are scam just like bitconnect, many investors are cried because they invested their life savings they thought they are legit company, so stay away all lending platform ICOs.
i would never invest in lending platforms, even if that had most reasonable return rates, most state banks around the world are lending at 0.5 -3% APR around the world and banks still going burst, if a bank cant sustain a return rate of 0.5-3% not sure how random Ico can do that. mind you the rates im quoting are anual rates
As for loans in crypto-currencies, I honestly do not understand how this will work and how they will calculate the risks, because such a serious volatility today will not give an opportunity to earn the banks.
Are you seriously asking or are you shilling?
Lending platforms are pyramid ponzi schemes.
They just are. It is the nature of the business.
Credit companies make money off of others losing money, that's how it is set up.
So even if a lending platform has "sustainable rates" the only way it can truly be sustainable is if more and more people borrow, and more and more people pay.
At this point, it just hasn't happened in crypto.
Also, on the ico side, be very suspicious of icos that offer huge bonuses or discounts.
While it may seem attractive for a quick flip. Ultimately, in the long run, the most successful ICOs are those that have fair distribution that allows for a solid foundation to be made.
Yeah, a 5x profit might seem great, but if an ico truly succeeds you are looking 100 to 200x profit a couple months down the road.
Lending platforms are pyramid ponzi schemes.
They just are. It is the nature of the business.
Credit companies make money off of others losing money, that's how it is set up.
So even if a lending platform has "sustainable rates" the only way it can truly be sustainable is if more and more people borrow, and more and more people pay.
At this point, it just hasn't happened in crypto.
Also, on the ico side, be very suspicious of icos that offer huge bonuses or discounts.
While it may seem attractive for a quick flip. Ultimately, in the long run, the most successful ICOs are those that have fair distribution that allows for a solid foundation to be made.
Yeah, a 5x profit might seem great, but if an ico truly succeeds you are looking 100 to 200x profit a couple months down the road.
I think lending platform is something which attracts everyone, but far too often and really mean FAR TOO often; it is just not worth it. That is a lot to do with unsustainable rates and bad management.
That is where this thing appeals to me http://www.lavenir.io/ - It is the latest take on lending platform, but this time in a much greater way and in very much sustainable rates.
The ICO starting is very far with almost a month+ remaining, but since the y will give 30% bonus to investors who get in early during first 72 hours. So, that’s why I like to figure out what’s your take on this?
Is this going to be on your list of investment in months to come?
That is where this thing appeals to me http://www.lavenir.io/ - It is the latest take on lending platform, but this time in a much greater way and in very much sustainable rates.
The ICO starting is very far with almost a month+ remaining, but since the y will give 30% bonus to investors who get in early during first 72 hours. So, that’s why I like to figure out what’s your take on this?
Is this going to be on your list of investment in months to come?
Whenever I see a Lending platform I simply run away from it. I can do my own investments.
I don't need to pay someone to give me a lower investment rather than what I could've gotten.
Bitconnect kinda proved what this type of platform truly are. NOT WORTH IT.
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I recommend to stay away from the lending platform, the case of Bitconnect is a recent example that should make many people reflect. In most cases they are just scams that damage the cryptocurrency industry
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Unfortunately, there is hardly anyone here who is actually willing to understand what I said, as I completely understand what PONZI SCHEME is and what Lending platforms of past are, but this is DIFFERENT. It is only possible to work out what I said when you actually go through the site see and why I am high on it.
The only reason why you can be "high on" a glaring Ponzi scheme is if you're one of the administrators or participants.Unfortunately, there is hardly anyone here who is actually willing to understand what I said, as I completely understand what PONZI SCHEME is and what Lending platforms of past are, but this is DIFFERENT. It is only possible to work out what I said when you actually go through the site see and why I am high on it.
Which are you?
If you go by that LOGIC, then I am the owner of majority of the ICOs running out, as I love to talk about the new ones, as I have portfolio with over 20-30 investments, so It’s my day to day thing to figure out which one got highest potential.
This is 30 days away from the sales, so want to know how people feel about this, as I repeat myself about that FIRST 3 days, as that’s where you get most benefit, so if I get in, I get in then and there.
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I believe it is absolutely down to right choice. If we go for random stuff, then it will not be beneficial for ANYONE, so that’s why we MUST ensure that we make the right choice. If we do that then only we will be able to work out for our benefits. That is exactly why I feel this thing Lavenir is very likable project.
No, No and a complete No. I wouldn't bother to even read the article before saying not to invest in such platforms.
I am in the crypto market from quite a while now and from all the experience I have gained over this time I could definitely say that this lending platform is going to be the same as all the previous ones and will scam at the end. So its just a complete waste of time to even think of investing in such platforms.
I am in the crypto market from quite a while now and from all the experience I have gained over this time I could definitely say that this lending platform is going to be the same as all the previous ones and will scam at the end. So its just a complete waste of time to even think of investing in such platforms.
Do not you feel it is plain irony that a platform talking about sustainable rates is offering an unsustainable 30% bonus to pre-sale investors? I know, I know, everyone tells me 30% is not the highest, but if you are talking about a lending platform, that 30% advantage is too big for early investors, who will of course be the only ones who will want to loan out money on this platform.
Lending is tricky, always has been. Interest bearing models are by definition unsustainable.
Lending is tricky, always has been. Interest bearing models are by definition unsustainable.
That is true but then surely you go to take the chances. It’s for 3 days only, I think any business requires some sort of pushing, so absolutely nothing is bit too hard to imagine. I think the image of lending is put up very badly, as people are addicted towards 40-50%, but this is very different.
Which is to do with the rates and then, it is to do with the structure. Before, anyone comments on this, it is BETTER to read out what I am saying instead of just labeling “OH THIS IS ANOTHER OF THOSE LENDING”.
Yet another crypto Ponzi scheme like Bitconnect,Davor, Regal coin and so on.
You know how they all ended up...
True, I can't really imagine a crypto lending platform. How will you make people return the borrowed crypto? Even the credit card operators cannot achieve it and that is why they are recently simply disallowing crypto purchases with credit cards. You know how they all ended up...
Another lending platform, all the same. Absolutely NO difference from dozens of existing platforms. Boring.
Wait it out IMO, let the platform build credibility on its own for a while. Once it has proved itself, you can go invest in.
I am bit opposite kind, as I am one of those who will get into skin of things before the time comes.
And like I mention, there is BIG reason for me to be interested now, which is nearly 30 days prior. It is because they offer bonus for FIRST 3 DAYS of 30%, so IF I invest, then I will do it in those 3 days or else not, so that’s why I need to figure out before that not when it’s ON.
[
Unfortunately, there is hardly anyone here who is actually willing to understand what I said, as I completely understand what PONZI SCHEME is and what Lending platforms of past are, but this is DIFFERENT. It is only possible to work out what I said when you actually go through the site see and why I am high on it.
The only reason why you can be "high on" a glaring Ponzi scheme is if you're one of the administrators or participants.Unfortunately, there is hardly anyone here who is actually willing to understand what I said, as I completely understand what PONZI SCHEME is and what Lending platforms of past are, but this is DIFFERENT. It is only possible to work out what I said when you actually go through the site see and why I am high on it.
Which are you?
i think! We need more works for best Crypto exchange!
This year is the best for all altcoin and token!
This year is the best for all altcoin and token!
Exactly mte, never ever put a money into a lending platform, dont even a single dime you give to that site. You know 99.99%lending platfor is ponzi scheme where newcomer money used to pay early member and so on. I dont believe there a trading bot that can give you a stable daily profit.
Unfortunately, there is hardly anyone here who is actually willing to understand what I said, as I completely understand what PONZI SCHEME is and what Lending platforms of past are, but this is DIFFERENT. It is only possible to work out what I said when you actually go through the site see and why I am high on it.
Do not you feel it is plain irony that a platform talking about sustainable rates is offering an unsustainable 30% bonus to pre-sale investors? I know, I know, everyone tells me 30% is not the highest, but if you are talking about a lending platform, that 30% advantage is too big for early investors, who will of course be the only ones who will want to loan out money on this platform.
Lending is tricky, always has been. Interest bearing models are by definition unsustainable.
Lending is tricky, always has been. Interest bearing models are by definition unsustainable.
Lending platforms had huge reputation over failing in the past. You've got BTCJam and BitLendingClub, both of which started really strong, had their own systems of balancing their risks, but then descended towards bankruptcy after.
Wait it out IMO, let the platform build credibility on its own for a while. Once it has proved itself, you can go invest in. Just always have a plan for a way out.
Wait it out IMO, let the platform build credibility on its own for a while. Once it has proved itself, you can go invest in. Just always have a plan for a way out.
Yet another crypto Ponzi scheme like Bitconnect,Davor, Regal coin and so on.
You know how they all ended up...
You know how they all ended up...
I know where they end up with. In fact, I had $200 on Bitconnect. However, there is a HUGE difference them and this and that's the rates. Did you checked the rates? It is fairly low and low far more sustainable. So, I think it will be UNFAIR to call to this Ponzi Scheme, as that got entirely different concept.
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