Topic: What is your view about lending coin? - page 4. (Read 1099 times)

Profitable but you need to choose who you are going to lend your coins to. Even trusted members of this community can fuck up at anytime and it's hard to get that money back. Always remember to ask for a collateral that really has some value and you can still make even a small profit out of those if the borrower haven't paid the borrowed money on time. It's all profit as long as you know how to handle your money.

Its always profitable but I don't see any security involved into it. The big companies are there to secure you by acting as mediator but whats the proofs that we have here. You can possibly say that these companies are scam free and or they will not scam us in the future though they are paying right now. How they manage the stuff? Who takes the responsibility if something goes wrong, will they pay you back you funds which were lost during the transition.


I mean there are so many accusation for lending process and one day it could be so much that these companies will be tired of paying the accusation money and thus they Wille eventually shut down in the time to come. So better take your steps carefully. Just because you have money and you want to give it away fro interest then it doesn't mean you should choose this option. You can surely have different things to do.

That's such nonsense. Just because we can't prove that Ghosts don't exist, doesn't mean we should all just call them real beings. Ghosts do not exist. The Bitconnect lending program is obviously a scam, which any other experienced, intelligent Bitcointalker would agree on.

Sure, BCC as cryptocurrency is legitimate, but when everyone realises that the lending program was a scam, its price will drop... A LOT!

Therefore, BCC is a currency you shouldn't invest in. By calling it a scam, we are protecting others.

its qbout how much do you want to lend and whos the one your dealing with?if
you can make a collateral so thats make you safe,but if theres none assurance is at risk,
for me personally i should choose to gamble my bitcoin than getting into lending.so better think 10 times before making a decision

Any online transaction can be considered risky, some lend since theres a need for them to have a coin or they are in short fo the transaction they will be doing and they will risk some collateral, its fine if the people who will lend seems legit, better study it first before deciding to lend or to ask for someone who can lend us some.

I am an earning member of Bitconnect and let me clarify things from the viewpoint of someone who is an "insider' or part of the program. Bitconnect has essentially two programs: The lending program where you lend money to the organization and they use it the money for trading with the use of the volatility software (an automatic trading bot or an A.I. program). Now, this is actually the heart of the matter because some are questioning the existence of this software bot and some are concluding that it does not exist at all and the company is just actually a ponzi. The lending/trading part has no fixed earning rates and there are even days when it is zero. Anybody who want to debunked Bitconnect should be delving more on this software...prove that it does not exist and we can say that it is just another ponzi.

The second face of the program is the Bitconnectcoin or BCC as its ticker. Now, nobody can question that it is a legitimate cryptocurrency just like any other altcoins we already existing in CMC. The coin is a community-based cryptocurrency because what the people behind the program did was built first the community before they launched the coin. The two are helping each other or a sort of a synergy because all the funds from the lending part will be converted into BCC (and this partly pushed the value of the coin). This is already being copied by new 'lending' type of cryptocurrency.

One thing for sure nobody can guarantee that something can exist forever even with Bitcoin and if anybody is afraid to go into then the best thing to do is DON'T.

In entering in that kind of investment whatsoever there are some important rules to consider. Invest only what you can afford to lose and get your capital back as quickly as possible. We know that online investments is very risky and not safe environment for everybody. In order to avoid huge losses we should be very vigilant and do research first before you engage in any particular investment.

Most of those lending coins are scam. I haven't checked out all of them, but I do know that Bitconnect is a scam coin and I've heard others talking about Regalcoin being a scam too. Although they're pretty profitable until they run away with the money, it's not worth it to invest in them.

Just invest in legitimate coins and if you really want to, you can lend to others your money in Bitcointalk's own lending section: https://bitcointalk.org/index.php?board=65.0

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..

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.

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

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.

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.

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 !!!!

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 )

Wew, that is awkward for me  

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.

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.

Come on, Bitconnect is not a lending coin.

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.