Everyone knows about BitConnect, and how it was one of the largest scams in cryptocurrency history.
Even I lost a $100 on it, after attempting to do a year long experiment with it, but as soon as the top promoters such as CryptoNick and Trevon James started distancing themselves from it, and the price of Bitcoin was plummeting, I knew it was only a matter of time before it fell... and fall it did.
Now, meet Lendex, yet another scam product brainchild from some "unknown" developers... which seems to be the trend mind you.
They however are going about things a bit differently, and rather smartly if ya ask me, because they aren't even going to release a product.
They, in my opinion, are just going to take everyone's money in the ICO (initial coin offering) stage, and won't even have to worry about building a pesky product, or dealing with any cease and desist orders to boot.
I don't want to add any links to the website, but there is this guy, Nerdy Dude Stuff on YouTube, who I continuously warn about these programs, but he never listens.
He even got burnt in BitConnect, along with his referees, and yet he stills marches on promoting these lending programs, and getting people to sign up under his referral link.
Here's our conversation from just last night, so he obviously is aware of what he is doing, and knows it is wrong:
Simply tap or click here to enlarge the image above.
Listen folks, all of these programs are scams, and sadly, now you have used car salesmen types telling you to just get in early and get out, that's the trick, but now like in the case of Lendex, you won't even have a chance to get out early, because they are smart enough to know that this is what people are doing now, thanks to BitConnect.
Here's just a small list of all the lending platforms that have gone tits up already, and have successfully ran away with everyone's money:
- BitConnect
- Control Finance
- Laser Online
- BitPetite
- ChainGroup
- Hexabot
- Bitcoin Savings and Trust
- USI Tech (No longer making payouts, will probably exit scam soon!)
Please help me add more to this list if you know of more, thank you.
As you can see people, these things are all scams, and if you really think about it, how could they not all be scams, especially when Bitcoin is taking a shit at the moment?
The reason why Lendex is so genius in a Bitcoin bear market, is because they are pretending to have a very long initial coin offering process, so that they can get as much money as possible, before making a mad dash with your cash, without even having to play pretend lending platform for even a single day.
Which means you get nothing, and they get everything... so please be smart people, and don't invest in this shit.
Too good to be true anythings in life are usually just that, and I will leave you with that.
If you want to watch the Nerdy Dude Stuff video on Lendex that I mentioned above, and see for yourself just how shady this guy is, along with his new magic bean platform, I will plug it below for you.
But beware... it's rated "C" for cringy:
Simply tap or click here to watch this ad free video!