Topic: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining - page 33. (Read 125300 times)

When you reinvest small amounts, you don't get the bonus. And most people will not reinvest as it's too risky. Lending sites may go away anytime - not BTC. So it will be 30% to 40$ per month which BTC beats if not compounded.

Unless Credence increases the interest rate, it will never be able to compete with the 90+ lending sites.

Your math is way off..

$10,010 x .013 = $130.13 per day.

Multiply that by 365 = $47,497.45

Of course if you re-invest daily that amount will be much more, but nowhere close to what you stated.. That said I'm fine with the "low" interest payments if it gives the platform long-term sustainability.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

hmmm.. i only noticed a few coins take 200+ confirmations, what do you mean by "Hex", the site has worked well for me so far, but even https://coinsmarkets.com is a viable option for credence at this point compared to what has happened with mercatox.

coinsmarkets is very easy to get on. in fact i think anyone can request a coin to be added.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

If you like to play tag & FUD expect to get banned for 1 month or indefinitely then go right ahead, Personally I stay well away from that shithole due to Hex

Also note most if not all currencies there have been upped to 200+ confirmations required before being credited !

1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.

You need to stop reading the troll box, do you notice how many people are there fudding Credence?

Believe it or not you can hire people to do that and that is what we think an entity has done even though ultimately they are failing miserably they have the occasional win like the last few hours where the price dropped but has since recovered somewhat.

The same as we announced a few weeks ago that a group had been paid to Spam our Twitter, we were receiving hundreds of phishing link messages every day then obviously the contract ran out and all of a sudden those messages stopped and our Twitter following dropped from 2,800 to 2,200 over-night, this happened about 3 days ago.    We were going to mention it but saw no point in doing so.    When these 600 followers disappeared it coincided with the Spam messages stopping.  So contract over they stop spamming. 


We are not sitting around with tin foil hats on talking about conspiracy theories but we are well aware that our product while not a HYIP site, it is stable, has a strong supporter base and we have set it up to be sustainable for the long term. 

The fact that we even reached $5 before even having a live website speaks volumes for the support this project has. 

And the number of accounts created both on this forum and more so on Mercatox to FUD Credence just makes us laugh, it tells us someone is afraid of what our platform will do. You do not need to pay someone to try and scare buyers of a coin unless you feel threatened by it.     

Unfortunately some people fall for the lies and FUD spread by these people and panic sell and that is what you have seen happen in the last few hours and at the time of typing this it has caught up to be just under $3 again.

Now you have people who have been posting in this thread since the beginning fudding the very coin they are invested in because they either failed to read the White-paper which has had our lending terms on it since the beginning of the ICO or they are just caught up in the general panic.

We are very close to releasing the website as you would know from the updates, we will see where the price sits then and until then we ask that you keep the following in mind -

1.  As mentioned we do not have a live website and the current price is still just under 4 times higher than the highest ICO price.
2.  We have released the coin for people to trade and do as they please with it not locking them into the site, if people want to sell CRDNC it is their prerogative that is why we are on markets it is your coin to do with as you please.
3.  If you believe the FUD then that is also your choice but you should stop for a moment and ask why so many people are trying to FUD this coin? 
4.  We are still the highest traded coin on Mercatox with over 50 BTC in volume. 
5.  The lending program is profitable, you just need to do the maths but if you did not read the white paper and think an extra 79 days is the end of the World when it comes to lending then by all means sell up now, the strong hands will buy up the weak ones. 
6.  We are confident the price will increase dramatically once the site is live, of course we cannot promise that but we believe this will be the case.
7.  We will be around long after many of the new HYIP sites without a coin or Blockchain currently being released will be, that much we can guarantee!
8.  We have a strong community that will help grow the coin and when people realize that stability and lower yield returns vs high risk quick returns is a better and safer way to invest we think more and more people will be attracted to the CRDNC community. 
9.  Of the top 19 holders from the BE we took a screen shot on the 20th and only one large holder has dumped all of their coins, which is probably why the drop earlier so out of the top 19 CRDNC holders only 1 has folded their hand, the rest are still in it for the long haul!
10.  Regardless of where we sit on the markets, we are still going full steam ahead and we look forward to being live and returning some great dividends for those who keep the faith.


Thanks.
Credence Coin.

is cryptopia an option for credence? i have had good experiences on there, some support tickets do get resolved after some time but they do get resolved.

dont worry.. bitcoin and all other coin can withdraw/deposit without any problem.. only Credencecoin wallet got error.. i think they have too much volume in-and-out .. thats why .

Is there a way to withdraw CRDNC from Mercatox right now??? Nothing happens when I click on Withdraw button on Mercatox Credence wallet I hope they don't scam us :/

guys.. if u did not click "depost/withdraw" you won't have ERROR 524 and so on..

after u click , you cant login anymore u need to use new browser to login..

and there is no statement from mercatox.

They have turned their wallets off for all currencies, are experiencing intermittent problems with address generation/withdraws or they are blocking user accounts from everything but chatting..... I really hope it isn't the last one as that is theft !

Mercatox Exchange already have a bad rep on the Bitcointalk Forums and the OP hasn't been around since March, even scam accusations and threads about Mercatox locking accounts & holding funds due to "fraud"....

85 BTC CRDNC trading on  Mercatox is a bit much for them  

brezuelas: hello admin any problem or maintenance for today??
stevenson247: anyone else having sporatic Mercatox issues ?
brezuelas: i can't withdraw?
stevenson247: I can't deposit
stevenson247: or do anything
stevenson247: chat is the only thing when it lets me
brezuelas: i can't withdraw cdrnc??
stevenson247: @brezuelas, seems all wallets are offline
brezuelas: ow i see