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Topic: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining - page 134. (Read 125300 times)

member
Activity: 114
Merit: 10
I'm Not Pretty Enough !!!
Ahhh yes another bitconnect clone, after looking at the source this doesn't seem like scrypt algorithm and sha-256 instead with a flat yearly stake rate, I see no problems thus far with controlled inflation.

I also like the teams idea of incorporating litecoin and dogecoin into this as well as bitcoin at the initial pre-sale phase so any of the fellow communities can get involved, funnily enough doge has had a nice bump in the last 24 hrs Wink
sr. member
Activity: 672
Merit: 251
Hmmm new coin like bitconnect ?

Premine-presale starts soon ?

Where, when and how can we buy these coins + I see that there is also options to purchase CRDNC with Litecoin + Dogecoin as well as Bitcoin is this correct ?
It seems on 13 october all will be ready and you can buy it through http://www.credencepresale.com/ Yeah, LTC/DOGE/BTC will be accepted during pre-sale phase.
member
Activity: 84
Merit: 10
www.credencecoin.co
The whitepaper for this one looks awesome, you can see that the team has put some real thought into this one.

Judgment will be had on the Presale Purchase Website once it is launched, then we can see how professional these guys are to their gig.
Hi thanks, yet despite several proof read we missed 2 "%" in the referral section.    Cheesy

Only human.  Tongue


I wasn't much of a fan with bitconnect or regalcoin in the begging but then noticed that they do work and followed through with their promises, all the other clones that are trying to launch with the same type of coin use concept are putting their eggs in one basket, the team for credencecoin have detailed their plans and seems to have everything together coming into place.
Thank you, yes we have put a lot of thought into this, into how we can make it both profitable and more importantly, sustainable over the long term.
We also purposely made the entry point for the ICO very cheap, to give early investors a chance to maximise their profits, we could have started at around the 90C or $1 mark but we decided to make that our ceiling entry point for the ICO.



I didn't understand how you can promise instant ROI for this who will buy the coin. If that would be true, wouldn't it be a bit too easy?
We are not promising "instant ROI" you will earn daily interest if you take out a loan, and be paid back your seed money at the end of term, so the profit you make each day + your initial loan money would see you achieve a ROI.  You would however see an instant ROI if you purchased during the pre-sale and the coin raised in value on markets, but we are not promising that, although we believe it will be very likely.



Well if this coin is like Bitconnect then they can afford to do that, we all know how that coin works (most of us do) since they use a loophole of offering said "shitcoin" in exchange for lending contracts in turn "hoping" for the coin to rise from new investors so they have more profits of their reserves to pay the "existing contracts" at the lower locked in rate.

I tend to stay away from these types of coins due to the risk factors of imploding or exit scams yet ETH is doing pretty well for its legitimacy including Vitalik's partial dump Roll Eyes

Though do take in mind this is completely different from ETH and is advised to DYOR (Do Your Own Research) before investing in any said ICO, Early Investment Option or Presale !
Hi, thanks for sharing your opinion and we agree with your DYOR approach, like everyone who invests in ANY coin, there is risk involved no matter what, we are confident of our business model and believe Credence will be a successful coin but at the end of the day it is up to each individual to make their own informed decisions.
member
Activity: 84
Merit: 10
www.credencecoin.co
Lending coins are all the rage right now, I'll keep on eye on Credence coin, it looks very promising.

Good luck!
Thanks!   And yes they are the rage right now, this has given us to study the business models of some of the others, and remove what we think is not so good and include and expand on what we think will be both sustainable and profitable for those who invest while still maintaining longevity of the coin by not offering outlandishly high returns over short periods of time.

You will make money with our coin whether or not you choose to HODL or Lend it, but the returns will not be as high or as fast, we think that adopting this approach leads to a more stable platform.



Hello where to download the wallet looks promising is currency
You can download from our Github from the front page, the wallets will be on the presale page as well.


In what timezone is this going to be launch on OCT. 13
When our site is live it will have a countdown timer, should be very soon.

Sound good me! It’s better than Hextra & Regal coin because your quick response
Thanks, we are not going to comment on specific others but one thing we will do is pride ourselves on our communications.
We may not answer immediately but it will never be more than 24 hours. 

The concept surrounding this coin sounds pretty cool to be honest, a lending program with referral system and no crazy percentages for payouts, where do I sign up ? Grin
You can "sign up" either by purchasing at the ICO or wait until we are on some markets, and or wait until the fully functional site is up and running.

p.s sorry for the multiple quotes, due to posting restrictions. 
sr. member
Activity: 369
Merit: 250
I didn't understand how you can promise instant ROI for this who will buy the coin. If that would be true, wouldn't it be a bit too easy?

Well if this coin is like Bitconnect then they can afford to do that, we all know how that coin works (most of us do) since they use a loophole of offering said "shitcoin" in exchange for lending contracts in turn "hoping" for the coin to rise from new investors so they have more profits of their reserves to pay the "existing contracts" at the lower locked in rate.

I tend to stay away from these types of coins due to the risk factors of imploding or exit scams yet ETH is doing pretty well for its legitimacy including Vitalik's partial dump Roll Eyes

Though do take in mind this is completely different from ETH and is advised to DYOR (Do Your Own Research) before investing in any said ICO, Early Investment Option or Presale !
full member
Activity: 140
Merit: 100
I didn't understand how you can promise instant ROI for this who will buy the coin. If that would be true, wouldn't it be a bit too easy?
newbie
Activity: 14
Merit: 0
Hmmm new coin like bitconnect ?

Premine-presale starts soon ?

Where, when and how can we buy these coins + I see that there is also options to purchase CRDNC with Litecoin + Dogecoin as well as Bitcoin is this correct ?
newbie
Activity: 26
Merit: 0
I wasn't much of a fan with bitconnect or regalcoin in the begging but then noticed that they do work and followed through with their promises, all the other clones that are trying to launch with the same type of coin use concept are putting their eggs in one basket, the team for credencecoin have detailed their plans and seems to have everything together coming into place.
newbie
Activity: 24
Merit: 0
The whitepaper for this one looks awesome, you can see that the team has put some real thought into this one.

Judgment will be had on the Presale Purchase Website once it is launched, then we can see how professional these guys are to their gig.
newbie
Activity: 28
Merit: 0
The concept surrounding this coin sounds pretty cool to be honest, a lending program with referral system and no crazy percentages for payouts, where do I sign up ? Grin
newbie
Activity: 4
Merit: 0
Sound good me! It’s better than Hextra & Regal coin because your quick response
full member
Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
In what timezone is this going to be launch on OCT. 13
full member
Activity: 349
Merit: 100
Hello where to download the wallet looks promising is currency
sr. member
Activity: 273
Merit: 250
Lending coins are all the rage right now, I'll keep on eye on Credence coin, it looks very promising.

Good luck!
sr. member
Activity: 546
Merit: 250
full member
Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
Can we start mining at the ICO stage?
member
Activity: 84
Merit: 10
www.credencecoin.co
good coin!
i want to reserve japanese translation, if you want!

i will get some CRDNC @presale.
Hi, good to see you like the project and thank you!   We are not doing translations at the moment but you have Japanese if we do.
Thank you for the offer.


What is future of premine coins 9 million really huge as compare with total and block reward. This will make scare the people to waste their hashing power on this coin. Can explain about that premine what will do with these coins?
Hi, it is all in our Whitepaper.
4 Million is for the ICO which starts in 3 days.
4 Million is held for loans (When people take out loans, we need to be able to pay them in CRDNC)
1 Million is for developer costs.

The block reward is intentionally not that big, so that the coins are put onto market slowly, there is more advantage to the owner to either HODL and receive 20% per year interest or to use for loans.

But even now if you can mine 7 CRDNC per day and the value hits $20-$30 you are still making a profit.

Also forgot to mention, we will stake the coins held for sales so we will also profit share with our investors from that staking in the form of increased daily % payouts. 



I will be buying some of these for sure, 0.25 is a good price.

Also Dev reserving Dutch translation if you are offering bounties.  
Hi, thanks for your interest, but as mentioned above, we are not doing any translations at this stage.  
legendary
Activity: 1260
Merit: 1001
What is future of premine coins 9 million really huge as compare with total and block reward. This will make scare the people to waste their hashing power on this coin. Can explain about that premine what will do with these coins?
full member
Activity: 394
Merit: 100
i like Phore
good coin!
i want to reserve japanese translation, if you want!

i will get some CRDNC @presale.
member
Activity: 84
Merit: 10
www.credencecoin.co
This coin look good, but i need to wait to see more devolope before invest
Happy to hear you like it.

There is not much more to develop, apart from the main exchange/trading/lending platform and work has begun on that already, we are actually ahead of schedule.

Follow us on Twitter for any updates www.twitter.com/credencecoin


RPCPort for mining ?

You can set RPC for mining in .conf as anything you like.

Wink


Donation or bounty CGa9AqxLr1XxtJF1MieM4zY3pSYqYdvkEm 






Thank You ,


Daniel

www.mine-pool.ro
altcoin.mine-pool.ro

Thanks Daniel will do in the next 24 hours if i forget please pm me with wallet addy.

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