The davor coin platform review.

in #bitcoin8 years ago

        After the bitconnect fiasco I must admit I am a little gun shy with lending platforms. I did however decide to try Davor but only to look at what it has to offer. I sent it some btc not much to speak of and purchased some coin luckily for me I did not purchase enough to make a lend. Upon observation of the exchange it has become crystal clear that exchange itself is easily manipulated by anyone with a large amount of coin. This is compounded by the fact that the exchange is quite small and has very low volume. For days I have basically been staring at it in hopes that I can retrieve my small amount of btc but because of reasons that are out of my hands the price for the coin is far lower than when I purchased.  

       Perhaps I am wrong but I do not see this platform having the longevity that a good number of users enjoyed with bitconnect and to me the risk does not warrant giving this platform a second glance. That being said, I do find the announcement that you can end a lend early fairly intriguing. Still I would watch this from a distance a nice far distance.

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Definitely a possible 10x moonshot

Maybe but i find it unlikely in a decent time frame