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Topic: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] - page 94. (Read 40276 times)

newbie
Activity: 188
Merit: 0
I was also banned for calling out a shiller claiming 'to know for a fact that whales are accumulating', because he had insider information.

I asked for proof of wallet addresses as proof.

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.

Isn't your second post the proof of the words of the 'shiller' you mention in your first post?

Exactly.

But you don't need to post these things as proof.
You are allowed to scream these things in their telegram chat, without providing any proof like the above.

But as soon as you start asking questions, even with proof, you'll get banned.
If you for example ask how they are covering the wages of 110FTE, from a small ICO fund of €20m, you'll get banned.
Even if, with a dropping token price, it means that within 1 year the team will run out of money.
They even said themselves on their ICO page on the website that the first year operating costs will be €20m.

If your operational tokens (40m) get worth more, no worries, because you can sell those to keep funding development.
But those have dropped to €8m at current market prices and no way you can sell them all without dropping the price to €0.

So it's a legit question, how will they keep running the development without any additional funding next year?

But no.
I got banned instead.
member
Activity: 1148
Merit: 47
I was also banned for calling out a shiller claiming 'to know for a fact that whales are accumulating', because he had insider information.

I asked for proof of wallet addresses as proof.

Another update on the top250 wallets activity:


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

Isn't your second post the proof of the words of the 'shiller' you mention in your first post?
jr. member
Activity: 132
Merit: 1
ראה
These banning policies are unbelievable. People asking legit questions and putting pressure on the team is to be expected as there is a lot of money at risk.

I was also banned for calling out a shiller claiming 'to know for a fact that whales are accumulating', because he had insider information.

I asked for proof of wallet addresses as proof.

I was banned for 'baseless FUD'.
Baseless SHILL is allowed though.

I swear, that Max guy and Arseny guy are full-on SS-gestapo police allowing nothing but positive comments.

You were banned for being cuter than all the boys in Russia.
newbie
Activity: 188
Merit: 0
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.
newbie
Activity: 188
Merit: 0
These banning policies are unbelievable. People asking legit questions and putting pressure on the team is to be expected as there is a lot of money at risk.

I was also banned for calling out a shiller claiming 'to know for a fact that whales are accumulating', because he had insider information.

I asked for proof of wallet addresses as proof.

I was banned for 'baseless FUD'.
Baseless SHILL is allowed though.

I swear, that Max guy and Arseny guy are full-on SS-gestapo police allowing nothing but positive comments.
hero member
Activity: 1890
Merit: 824
Defend Bitcoin and its PoW: bitcoincleanup.com
I know the mainnet is coming are we going to need to swap tokens and if so how do we do that?
I guess the mainnet is available only to credits partners right now. Mainnet for public will be launched in q4 then there will be instructions for the token swap.  There is also going to be a TPS demonstration soon. That's what i read on their telegram.

Did they give any more details about TPS demo, is it going to happen this month? I was banned from telegram because I said it was unprofessional how they handled July 15th deadline, many people got fooled by that date and now big dumps are happening, many people are mad.

These banning policies are unbelievable. People asking legit questions and putting pressure on the team is to be expected as there is a lot of money at risk.
jr. member
Activity: 308
Merit: 1
What makes credits outstanding compared to the competitors? Where is the mainnet? They said they were launching it a month ago


Volume
More than 1 mln tx per sec

Speed
0.01 sec for operation

Low price
Less 0,001 of USD



There is zero proof for that.
member
Activity: 1148
Merit: 47
What makes credits outstanding compared to the competitors? Where is the mainnet? They said they were launching it a month ago

Let me summarize that for you:

Volume
More than 1 mln tx per sec

Speed
0.01 sec for operation

Low price
Less 0,001 of USD

Advanced smart contracts

Mainnet is near completion. The beta version is up and running. Give it a try at https://credits.com/en/Home/index and buy some CS at the exchanges now it is still cheap. After a year you might see it featured at the Coinmarketcap top 10 with an expensive price.
newbie
Activity: 32
Merit: 0
I am review in concept on your plan, It is really nice.
Excellence logo, a rather interesting idea, advisable idea!
member
Activity: 180
Merit: 10
What makes credits outstanding compared to the competitors? Where is the mainnet? They said they were launching it a month ago
member
Activity: 1148
Merit: 47
The website is up and running.

So we were probably informed correctly about the DNS servers.

However they could have informed their community in advance to avoid panic.
jr. member
Activity: 132
Merit: 1
ראה
I jumped on the Telegram channel, and the official word is that they are updating their DNS servers.

I watched half of their new, live press conference on YouTube, and while it's an improvement, it's still looks like a team who is banking on something besides a fan base. You can take that as a negative, or as a positive.

I have read that the whole point of having an ICO, is because you don't have to answer to your investors in any meaningful way, and this would see to be what we are seeing now.
newbie
Activity: 26
Merit: 0
check out the MASSIVE buy volumes 23rd on coinbene, but why?
website still down Sad
newbie
Activity: 188
Merit: 0
Coinbene is 99% fake volume lol.
jr. member
Activity: 132
Merit: 1
ראה
Take their telegram channel with a grain of salt. It’s an utter mess and chaos.

Same for their twitter feed. Bullshit all over.

Only thing keeping me interested in this projecf is the involvement of the IBM director (he has credits on his linkedin page) and the audits kf 2 respectable auditors that are supposedly ongoing.

But wont save this project from crashing to ICO prices though

So i’ll aim to buy 10k at c $.10 somewhere in the next frw weeks.

I sold my stash at $.32 so I have some leeway before needing to buy back.

I sold about 2/3 of my holdings of Credits at $.53, But I really think there will be a pretty good pop at $.18 which was the ICO price. I don’t think it’s going to the pre-ICO level, because I suspect the market is going to turn around this fall and later in the year, at large. If bitcoin gets back above $10,000, I think all boats will float Higher, and the protocols, especially.

Most of the money supporting the entire crypto market, is related to the gambling phenomena in Asia. If you’ll notice, Coinbene been has suddenly accelerated to the top of the volume list, for Credits, and there is a reason for that. Those are primarily Asian buyers, as opposed to the western buyers which you find on KuCoin.
newbie
Activity: 188
Merit: 0
Take their telegram channel with a grain of salt. It’s an utter mess and chaos.

Same for their twitter feed. Bullshit all over.

Only thing keeping me interested in this projecf is the involvement of the IBM director (he has credits on his linkedin page) and the audits kf 2 respectable auditors that are supposedly ongoing.

But wont save this project from crashing to ICO prices though

So i’ll aim to buy 10k at c $.10 somewhere in the next frw weeks.

I sold my stash at $.32 so I have some leeway before needing to buy back.
jr. member
Activity: 132
Merit: 1
ראה

As I recall, most of the money is tied up in escrow, so there's not exactly a pathway for that sort of exit.  

However, the lack of communication on Twitter or Telegram, as to why their website is down is interesting. I think this is a potentially a deliberate attempt to shake out the weak hands, but this is just a theory, based on the way they eliminate any critics, or perceived critics on their Telegram channel. What better way of eliminating your critics than to simply scare them into selling?

As crazy as this sounds, I would argue that now is the time to buy, actually.

This is stupid, you should never scare your customers away.

I think it’s about as stupid as banning someone from their telegram channel, simply for suggesting that the team attend Comic Con in San Diego, as part of their marketing plan.

Some idiot in Russia probably read the word “Con” and thought I was suggesting some form of fraud.

If you sell, because you think they’re idiots, I think you would be right.
hero member
Activity: 770
Merit: 500
Very strange indeed, website down all day and no word  Huh
Maybe they got hacked and are panicking now or something?! wtf...
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
Fake bot accounts appearing. Another bad sign.
I am in loss now but thinking about selling, don´t have a good feeling about this anymore.


But what if we are wrong and you can only buy it back for a higher price then?

fake bots appear on every thread these days. I wouldn't sell anything right now unless you need to, the market is on the edge of recovery IMO so it will take this project with it once its going back up
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