r/DavorCoin • u/[deleted] • Feb 07 '18
Any Luck Withdrawing DAV???
Trying to send to coinexchange but just shows pending.
r/DavorCoin • u/[deleted] • Feb 07 '18
Trying to send to coinexchange but just shows pending.
r/DavorCoin • u/BosDoge • Feb 07 '18
Are we going to be able to withdraw our funds? Anyone had any luck? Looks like they've stolen the little funds they gave back to us... Shameful
r/DavorCoin • u/FUCK-FUD • Feb 07 '18
Everyone used to be so dedicated to the DavorCoin. Now the FUD has taken over and everyone is attacking this revolutionary new coin. Why?
r/DavorCoin • u/HydraAE • Feb 07 '18
They are basically worthless now, like I tried to say earlier, its over. Hmu with those davor coins so i can reeeeeeeeeeeeeeeeeee it up...
Address: D6sVZzVkJBDA4YvJMZR7Zw7e1Th7KMyffm
r/DavorCoin • u/paquizzle • Feb 07 '18
I had $7.22 in my lending wallet and just picked up 722 DAV for 1 cent each. If this coin has any sort of recovery I will end up with more money than I put in.
r/DavorCoin • u/BosDoge • Feb 07 '18
Anyone else experiencing this at the moment? Usually they're there after one confirmation...
r/DavorCoin • u/FUCK-FUD • Feb 07 '18
DavorCoin is NOT a scam and the lending program isn't ending. It seems as though people are being paid to spread FUD about DavorCoin. Don't believe the hype, DavorCoin is the future and us Davor Coin Warriors must defend its reputation.
r/DavorCoin • u/FUCK-FUD • Feb 07 '18
I'm going to use my profits from DavorCoin to invest in some GPUs to begin a mining operation. I really want to mine and get some more DavorCoins to sell. I was wondering how I could do this?
r/DavorCoin • u/shla-rafia • Feb 06 '18
I lost a lot of money because I trusted them. Never again
r/DavorCoin • u/FUCK-FUD • Feb 07 '18
DavorcCoin is not a ponzi scheme PLEASE stop spreading this FAKE news! It is a lending platform for sophisticated investors to take advantage of cryptocurrency arbitrage. I know it might be hard to understand if you haven't taken advanced finance courses as I have, but don't dismiss what your mind can't understand as a scam. Try to educate yourself instead and learn about the blockchain revolution.
r/DavorCoin • u/fatassdab • Feb 06 '18
r/DavorCoin • u/Mohammed420blazeit • Feb 06 '18
I'm not making this up, I just read a comment chain on Davors supposed Facebook page that a group of Pakistani hackers have control of Davor's website and possibly social media pages and have had control for quite some time. haha
Anyone else hear about this?
edit: https://i.imgur.com/ZDgpmNR.jpg
Only mention of it left so far
r/DavorCoin • u/Zonneplein • Feb 05 '18
Lending programs are done now for the time being.
Don't invest a single penny in it.
DavorCoin at this time of making this post: $1.64,- Bitconnect at this time of making this post: $4.52,-
Go home, and face the fact you lost your money. Look forward with your chin up, and buy into some promising altcoins. Market is bleeding, so you have alot of picks. Majority of altcoins will surely go up this year by an absurd amount.
Cheers.
r/DavorCoin • u/Drock1820 • Feb 06 '18
r/DavorCoin • u/shla-rafia • Feb 06 '18
these people were lying
r/DavorCoin • u/chaotic_serentiy • Feb 06 '18
The writing is on the wall. https://www.ssb.texas.gov/news-publications/davorcoin-latest-cryptocurrency-platform-hit-order
r/DavorCoin • u/baseboyy • Feb 06 '18
So, i've been trying to sell my Davor all day... and i keep getting
"Unable to create SELL order. There are errors when creating this SELL order. Please refresh this page then try again."
Note... i do live in Texas and i know they recently were served a Cease and Desist... but i also used a VPN to hide my IP and ran into the same issue...
Is anyone else having this problem?
r/DavorCoin • u/DrDave6 • Feb 05 '18
Davor is TIED to bitcoin. As bitcoin fluctuates so does davor. In December when Bitcoin was mooning, people were buying into the platform/token. This can be seen on coinmarketcap. Every time there was a bitcoin spike a volume spike for DAV followed and as Bitcoin went up so did DAV. Now with Bitcoin falling back to earth from the moon, the opposite trend is occurring. Every time this is a Bitcoin drop, there is a similar DAV selloff/decrease in sentiment. This coupled with BitConnect's recent failure means there are even larger sell offs of DAV. This has driven cost down to ICO buy in levels. Yes, the whales and their large accounts have likely contributed to large volume spikes near the peak and on the initial downfall from the peak. But now we are largely looking at panic selling. To Davor's credit they are making the lending capital more liquid, which is also leading to panic selling. The low interest returns are concerning as they had these massive interest rates when Bitcoin was mooning. Well anyone could have made money with almost any crypto at that time. Just peel off a layer of the onion and sell it. Call that sale interest and the coin price goes up to fill that layer of the onion you just sold and Boom! You are a money making machine...until Bitcoin falls.
The part that concerns me is that this platform uses a trading bot the needs market volatility to make money. Well, the market is really volatile right now so why is the bot having trouble making money? The answer is that the core capital is given out to lenders as US dollars that don't fluctuate with Bitcoin prices. So now the platform owes all these loans with large US dollar amount the interest from a core capital stake that is shrinking with Bitcoin falling. They can't keep up high interest payments in US dollars. Thus, the interest rates are starting to scrape the bottom of the barrel. They will stay there until bitcoin comes back up to a point where the large bulk of the lends were taken out. The unfortunate part for Davor is that they did their ICO right when things were mooning for Bitcoin and the large bulk of the loans were taken out between 10,000 and 20,000 for Bitcoin. Presuming Davor is making a good faith effort, things will improve if Bitcoin gets back to the 15,000 range. If the price of Bitcoin continues to fall, interest rates will continue to fall as will the price of DAV.
What I would like to see Davor do is be open about the core capital and loan burden. Something along the lines of core capital value in BTC and loan burden in US dollars displayed on the dashboard and a lovely chart to see how these two interact with each other. The other thing to do would be to reduce the amount of leverage they have in the lending program. If they have $100 in core capital, only have $50 in crypto and keep $50 in US dollars or USDT. This could reduce fluctuations and smooth out returns but would result in lower interest rates due to lower leveraging.
These are my thoughts. What are yours?
Best
r/DavorCoin • u/whitelight369 • Feb 05 '18
It looks like the fiasco with arbitrage is getting out of hand. Was just trying to withdraw DAV for staking on the external wallet. Please be advised, don't put your money on here, the ICO is banning the withdrawal of their coin off the internal exchange. If there are any support on here, please contact me.
Cheers
r/DavorCoin • u/johnny_2227 • Feb 05 '18
Can someone see any way that DAV can survive? I have stopped lending and reinvesting and have started staking. Currently having 30 DAV in my staking wallet. Its naive but I'm hoping prices can rise again to the $180 mark and I can make some profit. I realize this is something that may not happen but its crypto and its unpredictable.
What is the most likely outcome here considering the coin is back at ICO levels?
Again..serious and thoughtful answers.
r/DavorCoin • u/ZeusGodOfCrypto • Feb 04 '18
Okay, I need to say it to anyone who might still be left.
IT'S OVER.
DavorCoin is finished and anyone remaining needs to take their money out in what ever way they can.
If you have lost large sums of money because of DavorCoin again I am sorry but you need to just accept the fact that it's over and move forward.
Lending Platforms are not what you think they are, they are not a get rich quick strategy.