Author

Topic: Lending Platform - Is this sustainable rates? (Read 339 times)

newbie
Activity: 2
Merit: 0
Wow, the FUD is strong here. I don't think it's fair to say this lending platform is a scam just because bitconnect exit scammed. Especially when the business model of this lending platform seems to be designed differently than that of bitconnect to make it more sustainable. And it's normal for ICOs to give bonus tokens to early investors isn't it? Every ICO has this kind of bonus to encourage more investors in the ICO. I've even seen some with as high as a 100% bonus. If a 30% bonus for early investments makes this a scam, then ALL ICOs are a scam. At the very least, this lending platform seems a lot less sketchy than most other lending platforms I've seen on the market.

And even if it does turn out to be a Ponzi... people who got out at the right time in bitconnect made a ton of money. Remember, their tokens started trading at around 50 cents and went all the way up to 400 dollars before shutting down. If you play it right, there's still potentially tons of money to be made.

Just thought I'd give my 2 cents on this.
member
Activity: 231
Merit: 10
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?
Lending invetment is too risky considering that almost all lending ICO failed to deliver their promises. It is not also advisable to invest in lending on cryptocurrency because it is very volatile. Better invest on other altcoins that are stable and have a good value in the future.
newbie
Activity: 32
Merit: 0
You should check platforms like Ethlend or some similar with collateralized lending.
https://ethlend.io/en/

You can say what is the point of that, but at least you should read what they have to offer.
member
Activity: 126
Merit: 10
Are you seriously asking or are you shilling?
Lending platforms are pyramid ponzi schemes.
They just are.  It is the nature of the business.
Not true imo, there can be legitimate ones but they are few out there. If the coin or token offers "guaranteed returns" then yes it is a ponzi scheme but a lending platform such as SALT that secures crypto against fiat, is a whole different story. Lets not lump them all into one category now, because people may think SALT is a ponzi when it is in fact not.

After what Bitconnect did, I hardly doubt anyone would ever wish to get close to a lending platform. And above all, lending platforms are popin' up like mushrooms after rain.
I think the investors will risk a lot by joinin lending platforms.
member
Activity: 126
Merit: 10
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?

I will never get why people are going twards lending platforms. Just by crypto with those money and you are good to go.
No need to give control to another person to your money.
member
Activity: 347
Merit: 10
I dont really understand why people are still investing with these lending programs,bitconnect scam was the biggest scam ever so people should know that these lending platforms are risky and potentials scams.People had been warned from the past but still joining these potentials scams? no researching could result into failure at the end.

There is nothing wrong with investment on this, as it’s not PONZI SCHEME, which is to figure out once you open their website, but not otherwise. I find this option to really reach new heights, so I am certainly looking for at this.
member
Activity: 347
Merit: 10
Never invest into lending man, most of them are just a ponzi scheme and no way they can sustain that kind of interest with real trading activities like they always claim. Bitconnect is the best example for this, has a long life because a lot of people shill it but once they run with the money, a lot of people become victim of the scheme.

This is the thing I am trying to tell people that they don’t need to invest into Ponzi scheme, this is NO PONZI SCHEME. Just visit this site here and tell me which part do you think is comparable to PONZI SCHEME? http://www.lavenir.io
member
Activity: 347
Merit: 10
Are you seriously asking or are you shilling?
Lending platforms are pyramid ponzi schemes.
They just are.  It is the nature of the business.
Not true imo, there can be legitimate ones but they are few out there. If the coin or token offers "guaranteed returns" then yes it is a ponzi scheme but a lending platform such as SALT that secures crypto against fiat, is a whole different story. Lets not lump them all into one category now, because people may think SALT is a ponzi when it is in fact not.

This is what I am repeatedly trying to say that not every option is scam or Ponzi Scheme, so we Must judge everything on its own merit, as it is unfair to judge out on alone way. I have not seen a BETTER lending platform than this http://www.lavenir.io
member
Activity: 182
Merit: 10
I dont really understand why people are still investing with these lending programs,bitconnect scam was the biggest scam ever so people should know that these lending platforms are risky and potentials scams.People had been warned from the past but still joining these potentials scams? no researching could result into failure at the end.
member
Activity: 347
Merit: 10
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.

This is the problem with PEOPLE. Till Bitconnect was running strong, every lending platform was GREAT and was WORTH investment, but since Bitconnect is no longer good, every lending platform now is BAD and not WORTH investment! This is what we call LACK OF VISION to see through specific deals. I can’t really say much if you are comparing that to this. It will be like comparing apple to oranges.
member
Activity: 347
Merit: 10
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

I am not really going to get into comparison with bank here, as that altogether is different league and story. As per the rates, I think this is not exactly impossible to sustain if there is LOGICAL theory behind, but most of this is lacking with all the lending platform we see. This is where I PERSONALLY put this as DIFFERENT!
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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?
nice advertisement,i thiught this really mean to tackle about concerns of users who get from lending platform,but suddenly this happen to be another popularization of newly published token.i hate lendings they dont help people instead only drowning the people who ask help for them
full member
Activity: 448
Merit: 100
Never invest into lending man, most of them are just a ponzi scheme and no way they can sustain that kind of interest with real trading activities like they always claim. Bitconnect is the best example for this, has a long life because a lot of people shill it but once they run with the money, a lot of people become victim of the scheme.
member
Activity: 347
Merit: 10
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

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?

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.

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.


This is the limit of certain things. I mean, how anyone in the world can label something without even looking at it? It’s not tough to know how people feel after the Bitconnect fiasco, but I too LOST but it doesn’t mean end of the world! People are not even looking at what I am trying to point out. This is a VERY DIFFERENT KIND of lending platform, so if you still make comparison, then good luck!

As per Chocopapaya, I am well aware what PONZI SCHEME is, so please do not explain it to me. This thing Lavenir is NONE of that! I won’t say much else because you didn’t bother looking at the site to understand my point.
member
Activity: 272
Merit: 12
This is another ponzi crypto like bitconnect, Davor and regacoin, if you are not new to crypto I think you know how they ended up. Therefore ponzi scheme is never and can never be sustainable because of the business model.
member
Activity: 347
Merit: 10
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.

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.

All I could say is that people have just put up wrong image of lending platforms after the Bitconnect fiasco, it is not hard to understand either, but comparing blindly everything to the routine lending platform is not just UNFAIR but is INCORRECT! I am repeating it so many times that LOOK HERE http://www.lavenir.io/ and FOR HAVENS explain me HOW IS THIS SIMILAR?
member
Activity: 347
Merit: 10
Another lending platform, all the same. Absolutely NO difference from dozens of existing platforms. Boring.

Are you serious? It is absolutely opposite to the ROUTINE lending platforms that I have seen, so I am not sure which site you have seen that is no different.

I am talking about this http://www.lavenir.io/ - I am not sure how this is NOT DIFFERENT!
member
Activity: 182
Merit: 10
Create Your Decentralized Life
If i were you i wont join any of these lending platform because to what happen to bitconnect scheme? people knows what will be the ending these type of website,we need to be more vigillant so that we wont lose a lot of money thru these businesses.A lot more people now are too doing researching that is why these platforms arent too profitable if you ask me.
full member
Activity: 476
Merit: 107
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?

A big no! I will never invest in a lending ICO which is a ponzi scheme type. Dont ever invest a single money in that ICO or else you will just lose your money just like in the past bitconnect scam coins. Better to find another ICO that is good and profitable for a long term goal than paying attention in a lending ICO
full member
Activity: 233
Merit: 106
The Operating System for DAOs
Are you seriously asking or are you shilling?
Lending platforms are pyramid ponzi schemes.
They just are.  It is the nature of the business.
Not true imo, there can be legitimate ones but they are few out there. If the coin or token offers "guaranteed returns" then yes it is a ponzi scheme but a lending platform such as SALT that secures crypto against fiat, is a whole different story. Lets not lump them all into one category now, because people may think SALT is a ponzi when it is in fact not.
full member
Activity: 1358
Merit: 100
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.
newbie
Activity: 39
Merit: 0
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
member
Activity: 490
Merit: 11
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.
full member
Activity: 686
Merit: 131
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.
member
Activity: 126
Merit: 10
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?

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.
newbie
Activity: 24
Merit: 0
Get free 450000 MarineCoin MTC Coin in MarineCoin airdrop.MarineCoin is the big ICO.Don't miss their airdrop participation.Their airdrop is only for 20000 candidates.Join their airdrop-https://marineco.in/
full member
Activity: 630
Merit: 100
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
member
Activity: 347
Merit: 10
[

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.
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.
member
Activity: 347
Merit: 10
i think! We need more works for best Crypto exchange!
This year is the best for all altcoin and token!

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.
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
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.
member
Activity: 347
Merit: 10
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.

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”.
member
Activity: 392
Merit: 39
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.
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
Another lending platform, all the same. Absolutely NO difference from dozens of existing platforms. Boring.
member
Activity: 347
Merit: 10
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.
sr. member
Activity: 322
Merit: 363
39twH4PSYgDSzU7sLnRoDfthR6gWYrrPoD
February 28, 2018, 10:41:14 AM
#9
[

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.
Which are you?
sr. member
Activity: 518
Merit: 250
February 28, 2018, 10:32:30 AM
#8
i think! We need more works for best Crypto exchange!
This year is the best for all altcoin and token!
member
Activity: 347
Merit: 10
February 28, 2018, 10:27:58 AM
#7
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.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
February 28, 2018, 09:41:43 AM
#6
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.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
February 28, 2018, 09:32:30 AM
#5
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.
member
Activity: 347
Merit: 10
February 28, 2018, 09:27:32 AM
#4
Yet another crypto Ponzi scheme like Bitconnect,Davor, Regal coin and so on.
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.
sr. member
Activity: 645
Merit: 266
February 28, 2018, 09:15:38 AM
#3
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.
sr. member
Activity: 322
Merit: 363
39twH4PSYgDSzU7sLnRoDfthR6gWYrrPoD
February 28, 2018, 09:05:07 AM
#2
Yet another crypto Ponzi scheme like Bitconnect,Davor, Regal coin and so on.
You know how they all ended up...
member
Activity: 347
Merit: 10
February 28, 2018, 08:58:30 AM
#1
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?
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