Regal could've ran MANY times, but the fact that they've unlocked the accounts and did not leave even when the price is tanking signals that they want to be here in the long run. Indeed it was a rough start, but mistakes can be learned and Regal will bounce back. I put my $$$ in trustworthy company so forget about other lending platforms that have a higher interest rates, they can run ANYTIME.
The fact that Regal is still committed to make this a top tier platform after all the troubles makes me believe that they're here in the long haul. Remember, they knew this price drop would happen and I think they were prepared for it. They could've made WAY more money exiting rather than unlocking all accounts and letting the price fall.
Internal Exchange is set to come the first week of January
I agree. Even though the price of REC is falling again (what crypto isn't right now, though?), I finally feel confident that Regal will be around for a long time. I admit to having doubts the past few weeks, which is why I didn't post much during that time, but Regal could have cut and run when the price fell from $90 to $10, but they didn't. They've had a few self-inflicted wounds, most notably the lockouts and not having an internal exchange, but all accounts are unlocked now and an internal exchange will be here within a month. They could have abandoned the project and kept people locked out of their accounts, but they didn't. They bit the bullet, unlocked everyone, and weathered the downward price storm.
Regal is getting closer to Bitconnect territory when it comes to trustworthiness in a lending platform, which honestly means more than interest rate returns. It's finally safe to put money back into Regal without having to worry if they're going to be around in a few week's time.