I have some more news today about the current lending platforms i am in. First off loopx has moved to a different country that is more friendly to crypto., Switzerland. The site is currently down and should be back up soon. Loopx is currently selling on ether delta but is not really selling at all becacuse i think no one knows that you can buy it their or sell it their right now. Here is a tweet from loopx from 5 days ago. If you would like to check it out on etherdelta go here https://etherdelta.com/#0x4a598d5b6ec08c03766e5730bf41540946021dd3-ETH
EDIT: they have come out on twitter and said to be patient, that they are updating the lending program/site.
Bitfinites exchange is still not ready even though they have been testing it for weeks but seems it will be open to the public soon. Expect around $3-5 a coin. Maybe more. This one was a hard one to get just like Thorncoin so it could be worth alot more in the future. I will be selling off most my coins as soon as the exchange opens. Bitfinite has also started staking at 7% a month. They have no cap on staking. It pays twice a day and around .23% a day. So if you have alot of coins this is a good opportunity to get some more for free.
Libra coin starts their internal exchange tonight at 11pm EST. This was also a pretty good lending platform that was hard to get. It sold out in a few days. I managed to get some pretty cheap and have already started a small loan with them.
Regalcoins R7 has been listed on btc-alpha. But for some reason i can't withdraw my R7 yet.
Chrysos will be listed on external exchanges in 13 days or so. They are still locking up the price at 14$ for loans. Chrysos is one of my favorites and is a great program to get involved in but i would suggest not buying on the exchange yet as the price will go down in 13 days when it hits exchanges.
Monyx starts their internal exchange in 3 days on Feb 5th 12:00 UTC.. Monyx was the Christmas ICO i got for .50 a coin on the presale buy. BTC deposit are open to buy Monyx when the internal exchange opens. This one might be pretty cheap when the internal opens maybe about 3-5$ a coin. Monyx is a good program that has their stuff together.
Thorncoin started staking last night. This give a great opportunity to get some free coins beffore the internal exchange starts on Feb. 15th. Giving you 2 weeks of staking at 3% weekly. Also they will start lending at 8$ a coin. Very reasonable considering how hard this was to get. Only the last couple rounds did not sell out in seconds. It took about an hour for them to sell the last 2 rounds. Impressive ICO.
Loaning is the key to keep the platforms alive. If you plan on just flipping the ICO for profit you will be shortening the life span of these programs. The rules for me is to only loan profits from the increased value of the coin after the ICO. So basicly you loan for free and make 3-10x your money with the left over coins. Assuming you bought enought to use this type of strategy.
I'm in most of these programs hopefully we'll make some money B)
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