Thanks for the analysis! Just wondering: I've heard some really bad things about bitconnect, notably that it's built on a very shaky foundation. What's your experience with it?
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Thanks for the analysis! Just wondering: I've heard some really bad things about bitconnect, notably that it's built on a very shaky foundation. What's your experience with it?
It's the best platform of all the lending coins, imho. Yes, there are a bunch of other lending coin platforms that have popped up this year. It's been good to me so far, getting my daily payments for 3 months now.
As long as BTC is trending higher on a whole bitconnect will be fine, once that changes things likely get ugly.
I asked myself when I got involved, do I think this thing will blow up in the next 6 months? I felt no it won't so that means I make money, even if I weren't to get my loan back, still turns a nice profit in that time frame.
It seems they are trying to build it to last, a bitconnect debit card just launched. I don't see how they can maintain there payout rate over the long-term but over the next year or so I'll take the payday :-)