New lending coins and platforms - abundancy of weeds!

in #cryptocurrency7 years ago (edited)

Dear community,


You have heard of bitconnect? You have heard of RegalCoin and HextraCoin?


Lending platforms are annoying!

Most likely you have also heard a lot of people calling it a scam, a ponzi scheme or anything else but the truth is, those system all work out and make profit - for now and for those who came early.

No matter where I am active, steemit, Facebook, Telegram and so forth; Referral links are everywhere and you know what. I fuc**** annoys me. I do get it. Everyone wants to make some money.

In the beginning it has been only Bitconnect but now these lending platforms are making their way to everyones cousin and grandma. In the end, their wealth is build on the money of those who came last into the system.

Additionally, prices seem artificially created shortly before the coin hits the exchanges which makes it even more wrong to join any of those lending platform.

The next step is now website who carry out the news such as bitcoinlendinglist.com or an even better designed and updated version coinlendinglist.com who even have a twitter account to keep their community updated.

I just learned all of this within the last 48 hours and I have to say I am shocked how many people try to scam each other. Where is the community, where is the common goal to fight against FIAT, the old financial system. Everyone is trying to get rich and often in a quick and dirty manner.

Today BCH/BCC got badly manipulated by some greedy institutional traders who pumped more than 4 billion Dollar into Bitcoin Cash - in no time at all!

My point is:

yes, the lending platforms do work and you get rich easily! Try it yourself. I've seen enough youtube videos where people show off their wealth and sell lending platforms as if they create money out of thin air

yes, one can earn money quickly by trading

BUT

Lending platforms are annoying!

no, we should not see coins as a pure trade. We want to have a new currency and for that reason we should rather see coins as something we should trade but not speculate with.

no, by scamming others continuously we take their believe of something new, something we all want to be part of. Most people who joined crypto don't believe in the FIAT anymore. But how can we make sure that those who try out the crypto world are not being fooled and handled like grandma who wants to invest her little money into an investment fond by a greedy banker right in front of her.

Thanks for reading until this point. I just wanted to get it off my chest.

Cheers!

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