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Topic: Do you think CREDITS (CS) is a very well organized SCAM? (Read 507 times)

legendary
Activity: 2212
Merit: 1008
Guys just cut your losses and join a real project instead of this scam
I have cut loss my investment since last year but why there are still some people keep their credits.
This coin has no volume and the price for each credit coin is always going down to the bottom too.
People should have realized about that and it doesn't make sense there are still some believers in the credits telegram group too. All of promises that already made by the developers were fake.

As it is not sad, but every fifth project that collects funding on the basis of ICO, can be a scam and created to steal funds. According to the analysis of the Wall Street Journal, out of 1,450 cryptocurrency projects that conducted ICOs, 271 (18.6%) have signs of a scam. In their White Paper, they found copied text fragments from other projects, or even outright lies about the management and development team with promises of big profits.
So... It looks like scam because price not going up so many years.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
Guys just cut your losses and join a real project instead of this scam
I have cut loss my investment since last year but why there are still some people keep their credits.
This coin has no volume and the price for each credit coin is always going down to the bottom too.
People should have realized about that and it doesn't make sense there are still some believers in the credits telegram group too. All of promises that already made by the developers were fake.
newbie
Activity: 188
Merit: 0
Guys just cut your losses and join a real project instead of this scam
full member
Activity: 742
Merit: 102
Second Live
I won't call Credits is a scam but their activities seem not honest. They lost everything where they have very good potential to be a top coin in the crypto market! Credits ICO investors made huge money but whoever did hold for a long time, their money got ruined. Now holding Credits coin for profit is a bad idea! So, be aware of holding it, they are not scamming yet, but who news the future?
It is already a scam because they already have suspicious movements, you can just look in their telegram channel and whoever asks any updates regarding the project they just block them without giving any words. You can also check the progress of the project, it's been so long since they release a new one.
The project is outdated, and they have not yet achieved the same goals they had set before. I believe that this project is also dead and no longer being developed for a long time, should not invest in projects like this.
member
Activity: 882
Merit: 13
I think you are talking about the Guerillas or ARMY. They are hired spammers to keep the telegram group alive and always active. They mostly talk about the project, projects developents or anything they want to talk related to the project even lying they do this and that just to make the group active. Don't base on anything negative you see on thing if you are not certain or unsure of what is really happening inside the group or behind the team.
full member
Activity: 1060
Merit: 103
www.Artemis.co
I don't think Credits are a balant scam, if they were to scam users and run away, they would have done it already. They are here for a long time and working. They won't profit anymore unless the price of the tokens rise. The respective telegram channels are moderated by social team not the actual developers.
jr. member
Activity: 112
Merit: 1
I knew it from the very first moment when I joined their Telegram group. But when I asked a few questions, I got banned from posting. I was soo shocked. Those were very basic questions that every one should have the right to ask about any project they are investing in.

So I started googling and found out this thread.
https://bitcointalksearch.org/topic/credits-ico-a-well-organized-scam-reviewresearch-3186812

and some video as the upper thread talked about. I was like wth. My doubts were right.

CREDITS is nothing but a well-organized SCAM......... SCAM

- Just check their telegram members dropped from 76,000 to 56,000 More than 20,000 members were dropped. well those were not members those were FAKE BOTS

- Every time you ask them about the Mainnet or ask a question about the low trading on exchanges, they block you.

- They have around 20 members team of scammers marketing experts in their Telegram group. Every time someone tries to raise a serious issue, one of them pops in and ask questions about UPDATES or like MEETUPS or like GENERAL BLOCKCHAIN trend and the admins shift their focus to that.

- They don't have a solid product but and keep doing FAKE PROMISE and giving FAKE HOPES to people by putting out ver 1,,2,3,4,................ infinity unless you are all dead times versions of testnet.

- People stating fake stories like 'I bought 20 grand credits', I bought 6 thousand worth of CS blah blah, I want to HODL forever, I am HODLING my 60 k CS, I want to BUy blah blah, but then I messaged them like hey I want to sell my CS you want to buy, and guess what, they blocked me too.

OH MY GOD!


Circulating supply used to be 127 million before...now it is 153 million.


Check out this new thing. They are releasing the token supply.

https://imgur.com/a/OzEiXJ7

https://imgur.com/a/OzEiXJ7

TRUST ME, PEOPLE, that's gonna be the biggest SCAM in the history of the blockchain.

Anyways the above are what many people's thoughts about Credits. That's why I'd say Stay away from it.. What do you think?







Although not a Credit Team, I have learned about this project since the beginning. I have also bought CS tokens since the project was launched. I believe in this project because Team has tried to develop it stronger and stronger.
You are just a beginner so your questions are only a waste of their time and they think it is spamer is understandable.
I hope you find out carefully before posting here, or you will be banned because of false propaganda
sr. member
Activity: 868
Merit: 333
I won't call Credits is a scam but their activities seem not honest. They lost everything where they have very good potential to be a top coin in the crypto market! Credits ICO investors made huge money but whoever did hold for a long time, their money got ruined. Now holding Credits coin for profit is a bad idea! So, be aware of holding it, they are not scamming yet, but who news the future?
It is already a scam because they already have suspicious movements, you can just look in their telegram channel and whoever asks any updates regarding the project they just block them without giving any words. You can also check the progress of the project, it's been so long since they release a new one.
member
Activity: 576
Merit: 43
Stay i can said that CS not scam yet even i am a CS holder long_trem, how we can final decision CS scam? This is not enough provide as your own opinion man. Their supply not bad everyday but sometimes as CS price drop under so that's not mean this is scam update.
But you know CREDITS developers activities are very unsatisfactory for investors. I think they still not developed main net. And telegram admins are so arrogant why blocking members who's asking regarding some update. I am holder these tokens in CREDTIS node but i see another allegations against CS. I think will need more investigation to proof scam.                  
well, I strongly agree if someone traces deeper whether or not it really is a scam because it is really unfortunate if a good project like them scams and makes their good name bad, including the team behind the project.
hero member
Activity: 2562
Merit: 577
Eventually, you will know if the project is genuine or not, the only thing that is worrisome is when a user get banned from asking basic questions that anyone who cares about the future of the project should be able to ask, as long a question is right on the cause of the project and not a fud, it shouldn't be enough to ban users,
This are some of the reasons why long term investment in some project is not so advisable, crypto is still very young, lots of things are not properly done, so better to take care while investing.
newbie
Activity: 70
Merit: 0
I won't call Credits is a scam but their activities seem not honest. They lost everything where they have very good potential to be a top coin in the crypto market! Credits ICO investors made huge money but whoever did hold for a long time, their money got ruined. Now holding Credits coin for profit is a bad idea! So, be aware of holding it, they are not scamming yet, but who news the future?

Nope they are using the name of Creditcoin improperly in order to promote their own coin.

Everyone knows that coinbase , ycombinator, youtube etc invested into credit[Suspicious link removed]gle it), so credits comes along and makes a similar name to ride on the hype.

its dishonest, and not fair to the real creditcoin.
member
Activity: 257
Merit: 10
I won't call Credits is a scam but their activities seem not honest. They lost everything where they have very good potential to be a top coin in the crypto market! Credits ICO investors made huge money but whoever did hold for a long time, their money got ruined. Now holding Credits coin for profit is a bad idea! So, be aware of holding it, they are not scamming yet, but who news the future?
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
Stay i can said that CS not scam yet even i am a CS holder long_trem, how we can final decision CS scam? This is not enough provide as your own opinion man. Their supply not bad everyday but sometimes as CS price drop under so that's not mean this is scam update.
But you know CREDITS developers activities are very unsatisfactory for investors. I think they still not developed main net. And telegram admins are so arrogant why blocking members who's asking regarding some update. I am holder these tokens in CREDTIS node but i see another allegations against CS. I think will need more investigation to proof scam.                  
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
Stay i can said that CS not scam yet even i am a CS holder long_trem, how we can final decision CS scam? This is not enough provide as your own opinion man. Their supply not bad everyday but sometimes as CS price drop under so that's not mean this is scam update.

uh yeah if the price does drop everyday it does mean its a scam lol

the REAL creditcoin has been doing the opposite and instead growing in price every day.
while the FAKE Credits has been going down every day

Look at the difference

real creditcoin is a coinbase child

fake credits is a scam with team dumping daily

The price will be reflecting the demand that has already got by the project and i do agree with your statement about the quality of the project will be revealed for sure. Price means everything especially for a crypto that used token as a security to company. The performance of this security will be reflecting the performance of company too.
newbie
Activity: 70
Merit: 0
Stay i can said that CS not scam yet even i am a CS holder long_trem, how we can final decision CS scam? This is not enough provide as your own opinion man. Their supply not bad everyday but sometimes as CS price drop under so that's not mean this is scam update.

uh yeah if the price does drop everyday it does mean its a scam lol

the REAL creditcoin has been doing the opposite and instead growing in price every day.
while the FAKE Credits has been going down every day

Look at the difference

real creditcoin is a coinbase child

fake credits is a scam with team dumping daily
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
Stay i can said that CS not scam yet even i am a CS holder long_trem, how we can final decision CS scam? This is not enough provide as your own opinion man. Their supply not bad everyday but sometimes as CS price drop under so that's not mean this is scam update.
newbie
Activity: 70
Merit: 0
They are not answering any inquiries from their telegram channel and they are blocking messages from anyone who asks anything about the progress of the project, it is suspicious and this is enough evidence for everyone that this project is a scam.

Yup people need to be wary of projects that copy the names of more established legtitamate projects.

for example Credits copied the name of Creditcoin,
and then you have shady projects also like the various bitcoin forks etc

anything besides the original is most likely a scam.
member
Activity: 798
Merit: 38
I will not give a verdict but i know credits blockchain project from the time of their ico and i will personally give them more time as they have announced the timeline but yes i agree that the product development and the release has been on the slower side.

Sure, I also feel they should be given more time. A lot of projects these days have some forms of delays in achieving certain milestones. However, I feel they should always update their communities on the latest developments and progress of work. Then they should try as much as possible to answer questions relating to the project whenever such arises.
Well, I also understand they might feel some people come on telegram to cause FUD and scare away investors, which might be the reason behind some actions. When it comes to situations like this, patience is needed and there are ways you can deal with such without causing any misunderstanding.
sr. member
Activity: 1022
Merit: 257
They are not answering any inquiries from their telegram channel and they are blocking messages from anyone who asks anything about the progress of the project, it is suspicious and this is enough evidence for everyone that this project is a scam.
newbie
Activity: 70
Merit: 0
It is a scam.
 
They copied the name of a more well-known coin (Creditcoin) that recieved investment from Coinbase, Y Combinator, etc and are trying to ride on that wave.

Creditcoin = Legitamate
Credits = SCAM

be careful
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