I wont sit here and try to say I didn't put money into BCC. I did, but I put in an amount I was willing to lose on the gamble that It would double and be able to be pulled out before the scam ended, (If indeed it was a scam.... apparently it was). Now what I saw in December was a huge number of ICO's that were built around this platform. Thankfully most were pumped and dumped and left to die but a few are doing well.
Davor is one that is doing well. It really took off in December and early Jan and they are going to have a millionaires club. Which is insane.
How does Davor or BCC or any of the other lending platforms turn Davor Coin into USD or BTC for actual trading/arbitration when the primary place to do so is on their own exchange? The simple answer is that they can't. At least I can't figure out how.
I've taken part in a few of these, primarily holding coins and then selling them after they rise. BCC was the only one I did an active loan in. In all of them I take them on as my higest risk investments.
I don't understand why these still exist after the fall of BCC. I always thought that when BCC died it would take that market segment with it.
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