We knew it was all coming... Or some figured that the lending platform known as Davor would have to end it's lending operations.
Many speculate it happening due to a cease and desist order from the state of Texas. Many believe it was due to the drastic drops in bitcoin and the cryptocurrency market in general. There was also a huge amount of people who believed it was fat scam from day one.
In the end, we will never really know. In my opinion the main problem was fear in the marketplace. Users were not lending as much due to the fallout of bitconnect. This seems to be a repeat of a few weeks ago. Davor has released all loans back as a DavorCoin which has a price of .01 cent at the moment which means millions of dollars have been lost AGAIN.
The price of DAV three weeks ago was almost $180 per coin.
Is this the end of ALL lending platforms?
Would you ever participate in a lending platform?
Will the price of DAV ever recover from this useless amount?
Watch my YouTube video explaining the end here: 
