The lending program will be a little bit harder than many think here I believe. It is not easy to develop a blockchain based efficient lending system.
That is true, although the Blockchain side of things is the easy part, that is just the ledger for transactions, the hard part is having the code written for each users individual actions, potential actions and payouts, it is not as simple as some would think.
That is why we will not release until we are 100% sure the system is working and running smoothly.
Just to add some other facts.
1. We are not dumping nor have we put 1 single CRDNC onto exchange, we will not do anything to harm the price or increase circulation.
2. Anyone in the troll boxes claiming to be us is not us, we do not post there at all, nor will we.
3. We are not concerned about the price, would we like to see it higher of course, but what the market does is beyond our control, we are more focused on ensuring the finished product is stable and working.
4. Many have asked us to release referrals to promote the coin, we appreciate you wanting to do this but we cannot release referral links until the main site is live for obvious reasons.
5. There was always going to be some big dumpers, people do that in ICO's they buy at xx price and as soon as they can double their money, they get out, that is their choice.
6. We think we are sitting at a strange equilibrium at the moment, we have what we think is a very good name with our supporters, yet we know we are not mainstream while other similar new coins are getting a bad name but are mainstream, so where we sit at the moment is okay with us and although it might affect price and volume, we think that steady organic growth supported by a functional platform release will prevail in the end. Being under the radar is not such a bad thing, we would rather be not popular because of our good standing than popular for all the wrong reasons.
To all of our supporters and holders of Credence a big thank you!
I will post my personal opinion, don't even read it if you don't want
In my personal point of view:
After you will release the website with the lending platform, you could have a hard time in the upcoming months because of the bad reputation that the other lending platforms are having now...Also Bitconnect, the "God of lending platforms" cut the referals, twice in a couple of months....Not a good sign, but necessary to keep the platform going....Not to speak for the other trash coins like regAnal and it's bullsht friends..
What i would suggest would be:
-Actually you guarantee that 1%.Don't....Leave an opening ,because the market goes up(faster than the effect of viagra") and even faster down(downer than the penis of a 90 year old man)......Not guarantee that 1% give way much room for the sistem to be sustainable...
-The referal system should be absolutely with the feet on the ground....Those platinium stuff should not be there....Or only offer them for a short period of time....Referrals damage the platform too much in the long run....They gather fast clients, but are very hard to keep up in the long run....Offer them just for short periods if you need.
This are simple math stuff, and even the universe bends to the math...
That super referrals must be cut in half or even more.....If you just want to gather fast money and run for 4-5 months and then leave, than those referals are good
....
If a platform is strong and healthy , people will come to you even if you offer 0.5% a day or less....but they know that their money will be safe for a long time..
Now i know that some people do more than 10% a day with just trading(i have done too, there has been days were i have done even 10 times my money). You say that you are traders.Ok good. But there is a big difference when you invest 50k dollars, and when you try to invest 10millions or more ......trust me ,That is a complete difference story.....Also the trading bots , might not be magical, but for sure will help with the investing, if you buy good ones.......
There are a lot of unpredictable things that can happen. When btc-e went down months ago, 2 lending platforms went down cause their money was blocked there....so
Just my opinion
Thanks for the good posts you have been doing MaxiCripto... it is nice to see people posting in here that have more than half a brain. I agree with you on the referrals not liking the platinum system... this is the one thing I do not like about this platform. Your super recruiters just get their commissions and cash them out pulling them all off the platform making it weaker. But it is basically only 4% so DEV probably knows what they are doing with this.
I have not seen 1 person in here mention that the referral system works differently than all the other lending platforms. I love how they have it set up! To only pay 0.1% after your 6th referral. All the other platforms pay the recruiter 7% or so for every single person they bring in and then they tier it down where they earn commission off their downlines recruits also. Credence is completely different... only the direct recruiter gets a commission and it goes lower each time you recruit someone until it hits 0.1%. So MaxiCripto the referral system does have its feet on the ground.
