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Topic: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining - page 12. (Read 125300 times)

newbie
Activity: 43
Merit: 0
Dev pls buy back all available coins on exchange to raise the price please. I have invested my everything in this coin. It will give me a big shock if price doesn't recover Cry

This never happens.  
You can't expect a dev to pour in a couple of btc and even if the dev does this, there is no way the price will remain stable as long as the dev doesn't put up a 100 btc wall on all exchanges.

People in crypto need to stop dreaming, things like this happen and no dev will buy back coins.

They create the coins for you to buy, not so they can buy their own coins.
full member
Activity: 133
Merit: 100
BELUGA PAY. Complete Mobile Point of Sale System
Is it an inside job?
full member
Activity: 252
Merit: 107
Dev pls buy back all available coins on exchange to raise the price please. I have invested my everything in this coin. It will give me a big shock if price doesn't recover Cry
IF THEY REALLY EXIT SCAMMED , THN LEARN  A USEFUL LESSON, NEVER INVEST EVERYTHING IN A SINGLE PROJECT, EVER. ALWAYS DIVERSIFY.
IM ALSO TAKING HIT BUT I HV INVESTMENT IN MANY OTHER PROJECTS.
I HOPE FOR UR SAKE AND MINE ALSO, THAT SOMEHOW DEV RECOVERS FROM THIS SITUATION, BUT CHANCES LOOK MINUSCULE....

I already learned a very good lesson from BitBase but still invested in Credencecoin because the dev seemed very professional and fulfilled all his promises so far. So heavily invested in credence due to blind trust in dev. I have no idea why they will do this when they can earn much more money after platform goes live.

Because there is no platform...
member
Activity: 98
Merit: 10
As promising as this project is, with vast support from people. Its over guys. Take heart
newbie
Activity: 24
Merit: 0
IF Credence SCAM! I'll never stay or come back Bitcointalk and cryptoworld! MARK MY TEXT! Smiley

make sure you dont come back with new account, mate.
member
Activity: 98
Merit: 10
Dev pls buy back all available coins on exchange to raise the price please. I have invested my everything in this coin. It will give me a big shock if price doesn't recover Cry
IF THEY REALLY EXIT SCAMMED , THN LEARN  A USEFUL LESSON, NEVER INVEST EVERYTHING IN A SINGLE PROJECT, EVER. ALWAYS DIVERSIFY.
IM ALSO TAKING HIT BUT I HV INVESTMENT IN MANY OTHER PROJECTS.
I HOPE FOR UR SAKE AND MINE ALSO, THAT SOMEHOW DEV RECOVERS FROM THIS SITUATION, BUT CHANCES LOOK MINUSCULE....

I already learned a very good lesson from BitBase but still invested in Credencecoin because the dev seemed very professional and fulfilled all his promises so far. So heavily invested in credence due to blind trust in dev. I have no idea why they will do this when they can earn much more money after platform goes live.

There is a difference between you had a lesson and you have learned a lesson.
newbie
Activity: 27
Merit: 0
Dev pls buy back all available coins on exchange to raise the price please. I have invested my everything in this coin. It will give me a big shock if price doesn't recover Cry
IF THEY REALLY EXIT SCAMMED , THN LEARN  A USEFUL LESSON, NEVER INVEST EVERYTHING IN A SINGLE PROJECT, EVER. ALWAYS DIVERSIFY.
IM ALSO TAKING HIT BUT I HV INVESTMENT IN MANY OTHER PROJECTS.
I HOPE FOR UR SAKE AND MINE ALSO, THAT SOMEHOW DEV RECOVERS FROM THIS SITUATION, BUT CHANCES LOOK MINUSCULE....

I already learned a very good lesson from BitBase but still invested in Credencecoin because the dev seemed very professional and fulfilled all his promises so far. So heavily invested in credence due to blind trust in dev. I have no idea why they will do this when they can earn much more money after platform goes live.
newbie
Activity: 7
Merit: 0
Dev pls buy back all available coins on exchange to raise the price please. I have invested my everything in this coin. It will give me a big shock if price doesn't recover Cry
IF THEY REALLY EXIT SCAMMED , THN LEARN  A USEFUL LESSON, NEVER INVEST EVERYTHING IN A SINGLE PROJECT, EVER. ALWAYS DIVERSIFY.
IM ALSO TAKING HIT BUT I HV INVESTMENT IN MANY OTHER PROJECTS.
I HOPE FOR UR SAKE AND MINE ALSO, THAT SOMEHOW DEV RECOVERS FROM THIS SITUATION, BUT CHANCES LOOK MINUSCULE....
newbie
Activity: 27
Merit: 0
Dev pls buy back all available coins on exchange to raise the price please. I have invested my everything in this coin. It will give me a big shock if price doesn't recover Cry
full member
Activity: 215
Merit: 100
#
this is a hard hit... But will be a lesson for many thats for sure... they devs are dumb they could made so much more if they just released or pumped coin more this is a very bad exit scam but they will likey make millions still
newbie
Activity: 44
Merit: 0
Hi and welcome to our ANN thread for CredenceCoin!
www.credencepresale.com

What is CredenceCoin?

CredenceCoin is a highly secure peer to peer decentralized cryptocurrency using the SHA256 PoW Algorithm with a sophisticated method of difficulty that re-targets every block. It is in itself a self-regulated financial system which allows owners to earn Credence Coin through Mining, Staking, Lending, and by purchasing the coin direct during the ICO using either one of three Crypto Currencies which include Doge, Litecoin and Bitcoin during the pre-sale phase and then via BTC only once the main site is live.

CredenceCoin Pre-Sale

The Pre-Sale has ended
There will be a total of 4 Million Credence Coins (CRDNC) available for sale until the 21st of October 2017 or until sold out, which ever comes first.
The entry price is a very low 0.25 Cent per CRDNC working up to $1 as the highest price.

We expect that anyone who takes part in the Pre-Sale will see an instant ROI once trading on exchanges has commenced with Credence Coin.

You can also stake from the moment you purchase from the ICO and earn daily interest.

If you change your mind, we also will be offering refunds to you prior to the end of the ICO - Post ICO there will be no refunds, to receive a refund you will need to provide your email address, date of purchase and evidence of Block-chain Transaction. *Only available provided you have not staked the coins you own.

Bounties and Translations - At this stage we are not offering any but will do so in the near future.

Credence Coin Specifications
Coin Name: Credence Coin
Algorithm: SHA256
Ticker: CRDNC
Block Time: 2 Mins
Total Coins: 25 Million
Premine : 9 Million
PoW Reward: 0.01 PoW
PoS Yearly Interest Rate (20% Per Year)
Minimum Stake Age: 2 Hours
Maximum Stake Age: Unlimited
Block Confirms for Mined Blocks: 30
Block Confirms for Sending/Receiving: 6




Pre-mine expenditure
4 Million CRDNC - Pre-Sale
1.8 Million of Pre-Sale sent to Burn Address: Cburnxxxxxxxxxxxxxxxxxxxxxxy3LK3hC
1 Million Developer Costs
4 Million Held in Reserve for Loans


Some other features of CredenceCoin!
   Pre-Sale - Get the coins cheap before the rise
   Strong Development Team with Support
   Not a HYIP full of unrealistic returns
   All fees earned by Credence Staking our own coins and exchange trading will be shared as profits to investors!
   Purchase our coins with Doge/LTC/BTC (Pre-Sale Phase only)
   Staking Features Earning Credence Coin for just having it in your Wallet and on-line!
   Auto Re-invest feature (Choice of 100% or 50%)
   Guaranteed passive income with daily payouts
   Wall Street Traders with years of Experience investing funds
   All Initial loan deposits held in offline - Cold Wallets with multi-sig
   Blockchain Transparency
   Referral Program - 6 levels + 1 Platinum level
   Passive income knowing you are not joining a get rich quick scheme but you will show a profit on your initial investment.
   We pride ourselves on customer support, unlike many of the big players your tickets will be answered and not just left floundering.
   Able to Mine CRDNC
   We will be active on social media and provide updates
   CredenceCoin to be listed on at least 2 external exchanges

Github: https://github.com/XYZ1345
Block Explorer: http://blockexp.com:3004
Whitepaper: https://github.com/XYZ1345/CredenceCoin-Whitepaper/raw/master/CredenceCoin%20-%20Whitepaper-FINAL.pdf
Windows, Mac, Linux & Android Wallets can be downloaded from the pre-sale site www.credencepresale.com or from Github
Social: www.twitter.com/credencecoin
Exchanges: https://mercatox.com/exchange/CRDNC/BTC & https://mercatox.com/exchange/CRDNC/ETH
CoinMarketCap: https://coinmarketcap.com/currencies/credence-coin
WorldCoinIndex: https://www.worldcoinindex.com/coin/credencecoin


On-Going Development & Future Plans
Full Functioning site with Exchange with the best Security money can buy - See our Roadmap on the Whitepaper
Mobile Applications
Enhanced Wallets
Monthly Red Cross Donations public ledger of such
Advanced ticket support system

Some FAQ's you may have about us and CredenceCoin

When will you be on exchanges and which ones? - Answer: We are not sure yet, we will be trying to list on 2 or 3 at least and will keep you updated both here in this thread and on Twitter.
Why 4 Million Pre-Mine for loans? - Answer: Fairly obvious we need to have enough coins to supply loan requests.   Any profits from staking our own coins will be shared with our investors.
Why is your team not public? - Answer: Please read the Whitepaper
Are you guys a fly by night HYIP site? - Answer: Most definitely not, we have created a sustainable business model that will see us be around for a very long time, we have no intention of going anywhere and want to see this coin grow and succeed and it's supporters achieve some financial benefits from it.
What will make you stand out from other similar programs? - Answer: Read our Whitepaper and you will see we have added some features that others do not have, we have also ensured that our coin will be self sustaining and that although we have a referral program, it is not necessary to be a referrer to make money from our Coin.  And more importantly we will always be here to answer legitimate questions, we understand there is going to be plenty of negative comments and accusations, but that is fine, we will just ignore those and answer your legitimate questions as best we can, we want to pride ourselves on our communications.


So what are you waiting for? Go get some Credence before it is all sold out at VERY cheap prices!

Thanks for taking the time to read this ANN.  

CredenceCoin Team.


lol
member
Activity: 98
Merit: 10
but 40k crdnc at 2500 sats is still 1 btc....

or is there going to be a dump to 1250sats imminently...?

Be careful SIC coin are lessons  still there

Good luck
newbie
Activity: 7
Merit: 0
I'm not sure why someone would buy this coin at this state.

I see people putting more than 0,25btc at around 3k satoshi...
Who knows if this wont dump further?

Might as well go below 1k sat.


YEP
newbie
Activity: 43
Merit: 0
I'm not sure why someone would buy this coin at this state.

I see people putting more than 0,25btc at around 3k satoshi...
Who knows if this wont dump further?

Might as well go below 1k sat.

Edit: most importantly, people buying now hoping this coin will recover?

Sorry guys, but I'd wait for sub 2k sat at least.
newbie
Activity: 44
Merit: 0
but 40k crdnc at 2500 sats is still 1 btc....

or is there going to be a dump to 1250sats imminently...?
full member
Activity: 252
Merit: 107
I am watching all the movement in that wallet thinking why are they bothering, this is going to be worthless very soon. Those coins will be 1 sat, if they run
They are chopping that wallet into little 40K credence wallets

That's right. I saw that too.
newbie
Activity: 5
Merit: 0
Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 



TO THE DEV TEAM. Have you ever think what my friends lost?..
They even invested their saved money for 6months. my other friend even borrowed money from the bank just to believe your project. Cry
It is inhumane if you're doing this. I hope you will revive back this project..
Please have the conscience. Cry   My friends are rekt so well as me. Cry I believe this project for a long time. We believe. You made a good community.

remember. Money is not about making people. Making money with good is everything all about.
It is nice to have that money in a nice way.

Believe me guys. If u made this as a scam. I swear a big karma will come up to you. God knows.
I really believe.  
God is with us.

Yeesh, for him and his friends sake I hope you guys recover. This definitely shouldn't have happened, and recovery isn't even hard really. Don't let an influence to invest in a failed project weigh on his consciousness. Especially since loans are involved you'd literally be indebting people.
newbie
Activity: 4
Merit: 0
withdraw limits is .5 btc on mercatox.

they are trying to dump and withdraw duh...
newbie
Activity: 15
Merit: 0
yeah, whats the implication of that?
newbie
Activity: 7
Merit: 0
I am watching all the movement in that wallet thinking why are they bothering, this is going to be worthless very soon. Those coins will be 1 sat, if they run
They are chopping that wallet into little 40K credence wallets
WHY?Huh??
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