[ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 93.

buurraakk

newbie

Activity: 188

Merit: 0

A new day, a new update on the top250 wallets:

http://i67.tinypic.com/dhbkw6.png

Top11-250 have again increased their holdings, as well as the
Again top10 decreased heavily (-1m tokens), but this again originated from the KuCoin wallet.
Most of the outflow has been absorbed by the top50-100 wallets and the smaller wallets.

Fun fact, # of holders decreased for the first time from 20955 to 20951. It started at 20900 1 week ago.
Trend change? Is CS now moving into whale accumulation?

RandyMagnum

sr. member

Activity: 662

Merit: 250

Real credits investors here for a long while and not really worried about price manipulations thats happening right now.

longminh123

full member

Activity: 432

Merit: 100

Over the past few months, Credits has been giving us new updates on the project and especially their development team is still working so I'm sure the price will rise in the near future. If you are disappointed with this project, you should sell all CSs to secure your property but I advise people not to sell in this period as it will not be able to help you make a good profit.

Xantrax

hero member

Activity: 827

Merit: 502

Do you set up nodes for the private mainnet yourself ? Are the users of privat mainnet under NDA ?

qianliwen888666

member

Activity: 350

Merit: 10

The CREDITS coin project has accumulated a strong community strength, which is very good for the further development of the project. CREDITS is one of the projects worth long holding for investors.

buurraakk

newbie

Activity: 188

Merit: 0

They are their own biggest cause of fud.

this project is literally being manages by a bunch of kids.

Why is the code closed off from public, because it needs to be patented, but the they disclose the code to 160 random testers that signed up to be a tester?

Literally 0 logic in all of management’s decisions.

Token started to dip again I see after failing to break resistance of previous lower high.

Will probably now fall below ico price, and settle at around $10m market cap

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: Scooby903 on July 18, 2018, 09:22:26 PM

so far I believe no crypto has suffered the FUD as CS did..team achieved so much and its almost ready to blow up with mainnet..still 30 cents??

I'm here since this Credits and you are right so many fuds in their earlier days that's why they closed their old thread and create a moderated one, I don't agree in moderating a thread but with Credits that already finished their Ico it's just right they moderate this thread.

fancy2973

full member

Activity: 365

Merit: 100

Quote from: Arrrvin on July 24, 2018, 10:43:06 AM

Quote from: buurraakk on July 24, 2018, 09:19:24 AM

I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.

This way, when the platform gets released, the tokens will increase massively in price and they will profit.

This theory would mean that the team knows they are working on something very substantial and worthwhile and should then only be an incentive to hold on to your CS.

I personally believe they are simply not very skilled in PR and communication. It has been a problem since the very beginning of their ICO announcement.

Hopefully they are much more skilled in programming than they are in communication and PR. Then we are all good here with our investment. Lack of communication often makes some people nervous and they start spreading bad news.

buurraakk

newbie

Activity: 188

Merit: 0

Quote from: ?? on ??

https://a.radikal.ru/a37/1807/b0/bdd9a58166ae.jpg

Credits partners with andIT.
Dmitriy Saban, Business Development at andIT, explains why they chose to use our technology.
Link: https://medium.com/@credits/andit-will-transfer-its-products-to-credits-4b8e3cddd9db

How they even dare to call a sketcht website like ANDIT a partner is beyond me.

Literally the most obvious scam website ever.
Yet CS chooses to partner with them.

Not just allow them to use the platform.
But announceing they are partners lol.

I just got banned on their telegram for askingthis quesrion.
Why cs is partnering with these types of projects.
Got banned for fud.
Literaly 10 posts before me were just moon boys saying how rich they will be.

buurraakk

newbie

Activity: 188

Merit: 0

Site is offline again.
Without any announcement or a maintenand page.

Same excuse again about dns.

Literally, these guys are a bunch of amateurs.
Sounds like they dont have the money to pay their hosting company.
And now transferring it to somebodys home computer lol.

Smitten_Semi_Cameroon

jr. member

Activity: 132

Merit: 1

ראה

Quote from: Arrrvin on July 24, 2018, 10:43:06 AM

Quote from: buurraakk on July 24, 2018, 09:19:24 AM

I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.

This way, when the platform gets released, the tokens will increase massively in price and they will profit.

This theory would mean that the team knows they are working on something very substantial and worthwhile and should then only be an incentive to hold on to your CS.

I personally believe they are simply not very skilled in PR and communication. It has been a problem since the very beginning of their ICO announcement.

The Russians are notorious for this kind of nonsense. They are trained to communicate with symbols and propaganda, not verbally, because you don't dare do that. If you speak, you'll get thrown in jail, so it's better to say nothing, or only nice things. That's why they're banning so many people on Telegram. Credits is like a miniature Russian state.

The only positive, I see, is something Ivan on Tech said in one of his recent broadcasts. He said that in terms of the Hackathons he's attended in Europe, the Russians almost never lose.

Russian Students Win International VisionHack Hackathon - http://en.misis.ru/university/news/5-100/2017-09/4861/

So you can't dismiss their lack of communication as the nail in their coffin. They may indeed produce the product of the future through shear technical ability; and for that reason alone, they're worth a gamble in my book.

Arrrvin

member

Activity: 1148

Merit: 47

Quote from: buurraakk on July 24, 2018, 09:19:24 AM

I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.

This way, when the platform gets released, the tokens will increase massively in price and they will profit.

This theory would mean that the team knows they are working on something very substantial and worthwhile and should then only be an incentive to hold on to your CS.

I personally believe they are simply not very skilled in PR and communication. It has been a problem since the very beginning of their ICO announcement.

Arrrvin

member

Activity: 1148

Merit: 47

Quote from: Smitten_Semi_Cameroon on July 24, 2018, 09:11:25 AM

I would argue that pretending to succeed is like pretending to have sex with yourself.

That's a remarkable argument and would, as far as I'm concerned, go through for quote of the week.

npredtorch

legendary

Activity: 1246

Merit: 1049

Quote from: larsbalzak on July 24, 2018, 09:27:21 AM

Quote from: buurraakk on July 24, 2018, 09:19:24 AM

I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.

This way, when the platform gets released, the tokens will increase massively in price and they will profit.

Unfortunately this means rhe dump will probably continu to below ico price (0.18$).

Otherwise it doesnt make any sense at all what they are doing.
Their $20m ico funds will be spend next year March.
They have 45m tokens operational reserved, which can be sold to fund to the project.

Doesnt make any sense to manage communications so badly, if that means pushing down the price, while your project is dependend on high $ price to keep being able to pay developers.
Unless they want to but back the tokens cheaper than what they sold it for during ico ($0.18) and then sell them again for x10-x100 after platform release.

Everything is down since months. There is this project called Oyster Pearl, it's down like 98% from ATH. There's no need to get into conspiracy theory.

I don't point any finger on the team but what is for sure , "someone" is up to the task of manipulating the CS market price.

______________________________________________

IMHO, it's important that CS inform their investors/supporters on issues like the websites DNS.
A simple tweet with few texts will do the job. It's not that hard.

larsbalzak

jr. member

Activity: 308

Merit: 1

Quote from: buurraakk on July 24, 2018, 09:19:24 AM

I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.

This way, when the platform gets released, the tokens will increase massively in price and they will profit.

Unfortunately this means rhe dump will probably continu to below ico price (0.18$).

Otherwise it doesnt make any sense at all what they are doing.
Their $20m ico funds will be spend next year March.
They have 45m tokens operational reserved, which can be sold to fund to the project.

Doesnt make any sense to manage communications so badly, if that means pushing down the price, while your project is dependend on high $ price to keep being able to pay developers.
Unless they want to but back the tokens cheaper than what they sold it for during ico ($0.18) and then sell them again for x10-x100 after platform release.

Everything is down since months. There is this project called Oyster Pearl, it's down like 98% from ATH. There's no need to get into conspiracy theory.

buurraakk

newbie

Activity: 188

Merit: 0

I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.

This way, when the platform gets released, the tokens will increase massively in price and they will profit.

Unfortunately this means rhe dump will probably continu to below ico price (0.18$).

Otherwise it doesnt make any sense at all what they are doing.
Their $20m ico funds will be spend next year March.
They have 45m tokens operational reserved, which can be sold to fund to the project.

Doesnt make any sense to manage communications so badly, if that means pushing down the price, while your project is dependend on high $ price to keep being able to pay developers.
Unless they want to but back the tokens cheaper than what they sold it for during ico ($0.18) and then sell them again for x10-x100 after platform release.

Smitten_Semi_Cameroon

jr. member

Activity: 132

Merit: 1

ראה

The new website looks very good, which is perplexing. Why go to so much trouble creating a presentation like this, but fail to notify the investors at large, of this DNS activity?

There is a disconnect, when dealing with token holders. The investors are looked down upon, as second class citizens; who, now that they have funded their project, are no longer needed, which is again, a curious negative or positive, depending upon your perspective.

They are acting like Russian oligarch's already, before they even make it, as if pretending to be successful will carry the day.

I would argue that pretending to succeed is like pretending to have sex with yourself. Pitiful ....

Credits should be an orgasmic ride for everybody who participates, whether they are sweeping the floor, or paying for lunch and dinner.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: drippx on July 21, 2018, 11:20:24 PM

We have to wait patiently for an official explanation.

I don't know why the dump, all the other coins are going up now, even the none performing coins in the past, people are really not patient, we are getting good updates and the devs are working hard to make credits a very popular alternative coin, I prefer to hold my shares.

buurraakk

newbie

Activity: 188

Merit: 0

Quote from: buurraakk on July 24, 2018, 06:05:20 AM

Another update on the top250 wallets activity:
http://i67.tinypic.com/14dikcw.png

Another 600k CS tokens have been transferred out of KuCoin.
This outflow has been mostly absorbed by the top50-250 holders.

A different theory is KuCoin manipulating the price by selling to itself.

This way the token price can be lowered, by 1 KuCoin bot selling to another KuCoin bot, causing panic amongst traders.

This could be the reason why the outflow our of kucoin goes into large wallets, which could be other KuCoin wallets.
20,666 tokens seems to be the amount in which this transfer takes place.

kronos123

sr. member

Activity: 1022

Merit: 391

As long as the team does not do a serious and independent audit, an AMA with the community and experts and critics, and does not really show how it carries out the transactions it promised in the WP, until then I believe the market will punish the token and slowly all the holder will abandon and sell.

Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 93. (Read 40276 times)