The only people will sell is the dev team at lower price. they need to make some money using our capital if we invest.
We will
not be doing that.
Sure some holders will dump and double or triple their money, be we are in this for the long haul, so if people want to sell early and take a quick profit, that is there right and their choice.
We will not be adding new coins to the market, we want to keep the supply to a minimum for the general public, with the intention of increasing the value of CRDNC for those that do hold CredenceCoin and do not sell.
Do you need a way to preserve the value to prevent the dumps of the early CredenceCoin? For example, hextracoin's HextraCoinGold (HXG)
We have no control over what people do with their personal coins.
There were some large buyers, some of whom may dump if they can double their money, others will hodl.
No doubt some big holders will dump, and others looking to get in will buy, but if people dump early, they risk losing any potential gains of the coin once the site is live.
There is more incentive we believe to hold than dump, that being our staking plan, the fact the main website for loans and referrals is not open yet, if someone dumps at say $3 then the coin rises to $15 once we go live, pretty sure they would be kicking themselves. And if you add to that the 20% yearly staking, there is not much incentive to dump, unless people bought in at the early round to just double their money, which is their prerogative to do so and we wish them the best if that is what they plan.
We are not going to try and come up with any Credence Gold or other gimmick to sell more coins, or try and manipulate the market, we have stated in the White paper what we are about, when we will do it, and what our coin offers, beyond that, only the market and the investors out there can decide what CredenceCoin is worth.
We like to think of ourselves as a sleeping giant, ready to wake up in a few weeks time and have a big stretch.
