Topic: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining - page 43. (Read 125324 times)

It aint a ponzi nor a hyip with crazy returns, they're in it for the long term and they've got wallstreet people all over this.  

Hi All quick update.

1.  Work is progressing on the site, Front end and log in/Sign up and all pop-ups and main pages including lending/referral/exchange/support etc are all completed.  So apart from a few tweaks and final proof reads the graphics and front end part of the site is complete, we will still need to test functionality of course once the back end is completed but the designs we think look good, they are crisp, not bloated and the site is easy to navigate.  

2.  So we are now 95% focused on getting the back end completed and are still on track.  By the end of this week or very early next week we will give you a more technical update on where we are at with the back-end of the site.  

3.  As we have Tweeted over the last few days we notice that the amount of CRDNC for sale has dropped considerably and as you would all know the price has been steadily rising and as others have mentioned it is organic growth.  So we are happy to see that our support level is rising as far as price goes even though there will be some who day trade and some whales may dump at certain points to take profits overall it appears that most people are either buying or holding, which with a limited supply coin is a good thing.  

4.  Another thing we should point out is if you check the top 100 on the BE the 4M Premine amount has not changed, we have not staked any of those coins and they are in off-line wallets to allow more network weight to early investors prior to launch.  

5.  For those concerned about staking and not seeing coins, you do not need to run your PC 24/7 and you will get 20% per year staking rewards for your coins no matter how many you have, but if you do run the wallet for staking a few hours a day you will see them faster as the whole premise of staking is you are rewarded for supporting the network by having open connections.    

6.  Great to see we reached over 100 pages here, although we notice as many of you are now noticing our thread is being Spammed by others, if they do this please hit the report button and if the Moderators get enough reports of Spam hopefully some will be removed.  

7.  That is about all we can update you with at this stage, expect to see some more updates as we get closer to our targeted completion date of the 29th of this Month.   Then all going well once the site is finished we will be conducting load testing, vulnerability testing, penetration testing, etc.

Final note thank you to all who have supported Credence Coin thus far and as work continues we can see there are some who have little patience, as we have said several times we are on track with our road map and it is more important to get it right 100% the first time than to have to shutdown and conduct maintenance.

We are well aware that as Crypto enthusiasts and investors ourselves nothing in Crypto scares people more than visiting a site which they have invested money in and seeing it not operational or down for an unexplained reason.  

We cannot promise this will never happen with Credence Coin but we can promise we will do everything prior to release to mitigate the chances of unplanned down time happening.  



Thank You
Credence Coin

im very excited for the release of the lending platform of credence coin by december. it will beat the shit out of hextra coin with its blockchain technology already running. now, credence is having an organic growth which is pretty much advisable.

Will ride the ponzi train. I bought 40 at 1$ so i won't lost to this bigtime when the pyramid falls. I'm speculating a good return of 10-50x.

I wonder if the "Top 10 exchange" they are talking to is HITBTC? Would make sense... CRDNC strong community not seen on other coins with 100 times the marketing hype.

P.S.: I just realized that I ACCIDENTALLY posted a negative comment yesterday that was intended to be posted on a different coin thread(havanacoin) . I think CRDNC has a VERY bright future. I deleted the accidental post, sorry for the inadvertent FUD.

any info cryptopia on list 

i expect 30$ when lending platform is launched . 

People are FUDDING all around. Let them do that, they will stay no chance on the long term.
Also I would like to emphasize the fact, that people SHOULD read the whitepaper.

An example: If you lend $1010 (just about 250 CRDNC and something) you will earn up to 1% daily interest + 0.05% daily.

Money to be returned = Lending capital * (1+ daily interest)^(number of days) = $1010 * (1+0.0105)^299 = $22944. This is on average a passive income of $76.73 per day.

If you have 5k credence as you indicate, then this is just about $ 20k. If you would lend that amount you earn 1% and 0.30% daily. After 199 days you would be left with:

$ 20000 * (1+0.013)^199 = $ 261,402.43, which is on average a passive income of $1313.58 per day.

I admit this would be the ideal case, if one would earn 1% a day. (In the white paper it is written that it is up to 1%, which means that it could be slightly lower).
Be honest people: Where do you get 1% accrued interest per day? Banks don't give any shit about their clients and nothing is being paid off by them for lending them your capital. In extreme cases you need even to pay banks nowadays in order to hold your money. Ridiculous.

Why is Credence then sustainable?

1. The cryptoindustry is still a rising industry which will slow off growing maybe in 4-5 years. A market cap of $ 136 billion for bitcoin is still nothing compared to global players in the industry on the stock market. I think the market cap of bitcoin will reach easily $ 1 trillion. And if not bitcoin, then bitcoin cash.

2. The amount of tokens is very low for a coin. Besides that my examples above prove that people are willing to stake and lend.

3. Because of 1. and 2. the demand for CRDNC will increase, however the circulating supply will decrease, which means that CRDNC can only increase.

@credencecoin: I love you guys, please keep up the good work.

@Everyone: Try to calculate your gains by the above formula. Enjoy the ride ;-)

 


 

Hi All quick update.

1.  Work is progressing on the site, Front end and log in/Sign up and all pop-ups and main pages including lending/referral/exchange/support etc are all completed.  So apart from a few tweaks and final proof reads the graphics and front end part of the site is complete, we will still need to test functionality of course once the back end is completed but the designs we think look good, they are crisp, not bloated and the site is easy to navigate.  

2.  So we are now 95% focused on getting the back end completed and are still on track.  By the end of this week or very early next week we will give you a more technical update on where we are at with the back-end of the site.  

3.  As we have Tweeted over the last few days we notice that the amount of CRDNC for sale has dropped considerably and as you would all know the price has been steadily rising and as others have mentioned it is organic growth.  So we are happy to see that our support level is rising as far as price goes even though there will be some who day trade and some whales may dump at certain points to take profits overall it appears that most people are either buying or holding, which with a limited supply coin is a good thing.  

4.  Another thing we should point out is if you check the top 100 on the BE the 4M Premine amount has not changed, we have not staked any of those coins and they are in off-line wallets to allow more network weight to early investors prior to launch.  

5.  For those concerned about staking and not seeing coins, you do not need to run your PC 24/7 and you will get 20% per year staking rewards for your coins no matter how many you have, but if you do run the wallet for staking a few hours a day you will see them faster as the whole premise of staking is you are rewarded for supporting the network by having open connections.    

6.  Great to see we reached over 100 pages here, although we notice as many of you are now noticing our thread is being Spammed by others, if they do this please hit the report button and if the Moderators get enough reports of Spam hopefully some will be removed.  

7.  That is about all we can update you with at this stage, expect to see some more updates as we get closer to our targeted completion date of the 29th of this Month.   Then all going well once the site is finished we will be conducting load testing, vulnerability testing, penetration testing, etc.

Final note thank you to all who have supported Credence Coin thus far and as work continues we can see there are some who have little patience, as we have said several times we are on track with our road map and it is more important to get it right 100% the first time than to have to shutdown and conduct maintenance.

We are well aware that as Crypto enthusiasts and investors ourselves nothing in Crypto scares people more than visiting a site which they have invested money in and seeing it not operational or down for an unexplained reason.  

We cannot promise this will never happen with Credence Coin but we can promise we will do everything prior to release to mitigate the chances of unplanned down time happening.  



Thank You
Credence Coin