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.
At this stage, the adoption of bitcoin is not so huge and that is really what piques me knowing that a time will come when this adoption will increase hugely and then with the value of bitcoin being like this now, what it would be like when that time comes.
Adopting is not something that is easy, it takes time, and usually when it comes to technology, the geeks and those who are a bit I.T oriented are always the first to grab it and then we gradually start seeing some laggards at the end of it all.