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RE: [GoldGate] New program to challenge Bitconnect: GOLDGATE - 7 days to launch.
Be careful. Bitconnect is a ponzi scheme, and is probably going to fail in the next few days. If you go on youtube and look at JSnip4's videos on the topic, they are very enlightening. I took out as much as I could, but I'm probably going to be out a good chunk.
If you can't see who the owners are, how exactly is the trading happening, or "lending," then you're looking at a ponzi, more than likely. There have been quite a few like BitPetite that didn't last long. Bitconnect is probably going down next. Fair warning!
Good luck. I hope you're right and I'm wrong. But, you do realize, however, that BitConnect is mostly traded on their own exchange, not in a legitimate exchange. Another warning bell for me.
Did you invest with Bitconnect? I have tested the platform for more then 6 months now and it seems stabile... for sure it is MLM and we dont know if the bot exists, but they are paying and I for sure made money with Bitconnect. I consider to invest in GoldGate instead of Bitconnect from now, since there prospect looks very promising to me. None of the other programs found my interest.