Topic: Credits (CS) sincere or scam? - page 2. (Read 693 times)

well here is my 2 cents:

I was an early believer in Credits.  Invested in the presale in December, and have loved the project since then.  However, after going through the code, interacting with the team on Telegram, and seeing other peoples investigations into the code and project, I have to say, my confidence is wearing thin.  I am about to dump all my CS holdings for a handsome profit, since the team is far from professional and the coding is amateur at best.

Credits (CS) sincere or Scam?

Great Question But needs to be Answer Specifically Scam Accusation is Nothing new in Crypto specially when its running ICO/ITO Even Ethereum is used to call that way before and look at Ethereum now it has very succesfull and widely used Network so just let those acusation die itself and let the Credits team do there work and execute its roadmap and history will tell.

I guess time will tell if it's a scam or not. Actually it looks promising, although i have no special confidence in CS.

There's a huge difference between fud and knowledge.
they cant achieve not even 20-30 tps not 300k.
as long as you keep trying to convince newcomers to invest on your sh*ty ico it makes you a scam supporter.

bcoz price is x4 or x5 so people trying to FUD it before mainnet release and binance listing .
so that they can buy in dip and then enjoy the gains .
i will not deny a fact that claim of 1m txn per second seems false
but still if they achieve 200-300k target (in normal condition , not in lab) , it will be much popular .

So far looks like a scam. I don't believe in this project. Just in google tried to find some information about the co-owners and found almost nothing.

here you can check what they are sharing on telegram to create a hype and to convince newcomers to invest.
That’s a scams method and not how legit companies work.

I have been analizing comments about Credits and out of curiosity i studied the project, despite allegations of code error and delivery, i believe that the charges can be corrected and so far its price is reasonable with no sign of scam or dumping. My position is neutral.

I do not know how to hate an ICO price multi times of its ICO price, the price is still there and it seems no investors lost their investment, so I think it is not a scam for now, right?

I definitely like their Whitepaper and Techpaper, they responded fast to my questions. They do not look like scam. Ivan on Tech seems to hold some baseless prejudice to this project. I like his videos, but this one is kinda misleading.

Here you can check an example of how they create the fake accounts with many posts and activity.
Plus the bots that they are working all day long around the forum for creating posts and activity so
newcomers will think that these accounts are legit and unique.
Because of this activity newcomers will think that their comments are standing and are from experienced members.
So watch out this kind of accounts as are all artificial created for commenting all over the forum
creating a hype every day with stupid updates and creating "experienced" accounts.











We need to mention here that in this thread the representative is ICOCloud.
Watch out the rest accounts and their activity.
JennyH
Mike Sh
Falleot
cprman

So now you can imagine what happens on the rest of the forum on thousand of topics on different sections.
Any account praising these scammers can be or a fake account created by them or just greedy investors
that are afraid about their investment and they keep supporting these scammers no matter what so newcomers
can invest more money and will pump the price.

I would never trust a company which raised multi millions of money and isnt even capable of creating working links & a professional website.

I havent seen any facts from them so far. All their announcements are no facts even their videos which "proof" that they are able to do 400 tx/s could easily be fake.
Their behaviour, marketing, website, code structuring everything is created very poorly.


I am saying this. Even if they are capable of making 400k tx/s do you really expect them to be around in the longrun with such a bad work around it?

Which company would partner up with those guys when they act so suspicious?



I mean people can dream, but when I have to choose if I invest in a project which wants to do 1 million tx/s. I would rather invest in Matrix AI Network (MAN) they have the same goal of 1m tx/s, almost the same marketcap & their team is one of the best in the whole crypto space with big partnerships and chinese goverment connections.


My feeling tells me that Credits is by 90 % a scam & 10 % not a scam, but its still doubtful then if they are able to stay around in the longrun.
Also why should a company claim to be the #1 crypto currency in the future? Thats not professional, the only reason why someone would do that is to create hype and bump the price.


Then they ban everyone from their social medias (& even not allow people to create topics on their reddit) and call people who have doubts in them "fudders".
Its your own risk if you want to invest in it, but you have been warned.

Suppoman is an ico promoter that he gets paid to promote any ico and he doesnt care if the ico is a scam or not.
here you can see his full exposure. Watch all the video as its explaining a lot of things.

https://www.youtube.com/watch?v=c_Ex2dp9MtA&feature=youtu.be&t=852

Dont follow youtubers about investing to an ico for long term.
They just pump and dump the coin's price and anyone that gets in when the price is high looses his investment.
As happened with suppoman that promoted credits.
After his videos the price pumped from 0.60$ to around 1.2$. So anyone that would get in at this position would loose money.
Research about an ico first. Check their code. Follow them for some time and check their PROGRESS and decide wisely where you are investing your money.

I dont care actually. There were so many rumours about credits project since beginning. I risked and invested in ico time and whenever it is pumped in idex i just sold them. It was a nice profit for such a short time period.

As of now, I'm on a neutral side on CS and have only bought a minimal amount, just in case the project goes on a good way.
Actually, I haven't checked all the accusations ( I knew the code issues, md5 etc) IMO these things are not so bad after all. I see it in a way that it helps the CS team to improve the project.

Well, If they can deliver the promised incredible TPS on the launch of mainnet. I'm sure it will turn the world upside-down.

IF they can

Potential investors, CS fans and newcomers:
Give 20 minutes from your time researching about credits before you invest your money on this project.
This is a well-organized scam.
Dont trust their supporters here as some of them are bots and some are early birds who are seeing their x6 profit decreasing and they are panicked.
Give some time getting knowledge for your investment.

Ivan on tech
https://www.youtube.com/watch?v=FPKbbrt4P0s&t

1st research
https://steemit.com/cryptocurrency/@terminate1/people-deserve-to-know-the-facts-behind-credits-ico

http://textuploader.com/dxu2c

2nd research
https://medium.com/@suchi.blackwing/cryptocurrency-code-review-credits-f6c42c3f6f80

Specifically about their new video release
https://np.reddit.com/r/credits/comments/85btx8/commentary_of_credits_second_alpha_test_post/

An example that ethereum can achieve 1.5+ mln TPS on similar pointless conditions.
https://medium.com/@suchi.blackwing/cryptocurrency-scaling-ethereum-to-1-5-million-tps-cd10f5e3f7cc

Fake and scam partnerships
AITERNIS - scam
Cryptogaule.fr - contains a virus be careful when you visit this site
messengerbank
https://np.reddit.com/r/credits/comments/85rd9g/fake_and_scam_partnerships_the_cringe_with_this/

You can also watch their scam ico promoter Suppoman as he made few videos of them that created a hype.
Watch this clown and then you judge yourself which one you think brings value on the crypto industry.

https://www.youtube.com/watch?v=-62JOnpJutI&t=

https://www.reddit.com/r/CryptoCurrency/comments/85ao9f/suppoman_advised_his_followers_to_get_into_the/

here you can see their bots and fake accounts working.






Check previous pages too so you can get a conclusion about how their "professional" marketerS work creating a hype every time.

The only thing they have is a pdf they created which they called it whitepaper and a video that shows transactions between 2 nodes running on same computer with zero network latency due to hyper-v.

Be cautious guys.

You dont care if its scam that will scam everyone at the end??
You care only for your investment and you support scammers for that??
You are a pathetic greedy "investor". Dont come back and cry after they scam you you piece of sh*t!

As I see credits value is growing since the distribution of bounty and many really profited good enough so I think this whole scam thing really helps credit to grow. Good or bad publicity is still a publicity. Thanks to all those bashers.

It's getting terrifying now that after all the DYOR and DD, one still have to hope a project is not a scam

I do not want to get too pessimistic. The image of the team is not too bad as there is no problem with the bounty distribution.
Hope is not a scam as you say. I was attracted to the project and I expected it to be successful