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.
It is just funny that investors take some sort of huge risk than the usual and no matter how you tell people they would not just get it. I really do not know how bitconnect is going to keep up in the long run. Although, I have heard so many times people saying, it is going to keep up with the value increase of the coin and the trade exchanges, but I really want to see how that ends.