Bitcoin Forum

Most of us probably know of Credits by now, they're often dismissed as not being a real contended despite signs of having the fastest blockchain by a long way. Legitimacy has always been a concern. As of now they've just announced a partnership with Lenovo. What do you think this will do to the price?

https://credits.com/en/Home/New_Ins/4154

Here's the link for you guys.

This is very good news for the cryptocurrency industry. There are other strong projects with good partnerships, but with the come of Lenovo to the crypto can it add value and bring trust to crypto.

You're right about that, a company of the size of Lenovo entering in to a partnership with any cryptocurrency is great news, it really shows that crypto is the future. I'm surprised CS isn't up more already, only about a 10-15% increase since the news broke.

This partnership would not make CS itself pump to about 40% increase or above instantly because IMO credible news sources are still not announcing it yet(I have googled the same news but only Reddit and localbitcoins blog are the most reliable at the moment). Either way, I cannot wait to see what their partnership(combining Internet of things and AR) would bring to the world. 

The news is certainly good, but it does not seem that the market at least somehow reacted to this. Many such good news were before and they well influence the price but not in such a market...

Credits have cooperated with many projecks or companies that do have big names. indeed for now the price is still cheap but with a lot of relationships later on the price will also increase later

I think it's a really good news for Credits although this cryptocurrency doesn't really need any good news anymore. LOL. Because it's already a good cryptocurrency and still increased while whole market fell because of downward trend :). I don't know if in this year, we still can see any good ICO project like Credits or not

The news came from the credits website.

I'll only believe if the news will come out from lenovo's website. As we know, projecs nowadays are doing the same thing with partnerships and making it as a hype so they can get more investors. If there are other credible and reliable source then I might change my view.

Lenovo is a very large and successful company, Lenovo also definitely has a good economist, maybe the economist sees a huge opportunity to partner with cryptocurrency and this must have been considered very carefully because we already know that cryptocurrency is very popular, this is a very good improvement for the crypto world

That make it to be one of the Best coins one can actually invest in now as lenovo is one of the leading mobile technology.  If this news is truth then those that has been looking for coins to invest should not look for opportunities than this one.

that is very good news for credit supporters, I also often see price movement of credit, they are believed to have the fastest blockchain 1 million + TPS

in fact all credit is the same but Lenovo's credit is more comfortable than other credit because I think Lenovo companies are more binding than others

I think this news will blow this coin ! Lenovo is a very strong and progressive company and CS will be able to strengthen its position in the market !

Lenovo is the one of big computer market giant in the world, this is the great sign for the bullish run we can expect in the market buddy. There must be hard hit on the market by the team by investment and future move from the Lenovo integration with the blockchain.

If the possibility to enter in the market soon I believe they will be created the private blockchain for their concerns buddy.

Lenovo is a very big world-class company, and I'm sure that this coin will be a success with it, but I do not anticipate any particular growth.

I see that Credits is already having an increase in price of 12% since yesterday, but i don't think that it will moon just because of a partnership. The project needs to show more results before it can increase more in price.

This is a good point, I looked in to it a little after seeing this because a Lenovo partnership is no small partner. That's one of the best partners any cryptocurrency has managed and should be enough to draw some attention. I see that soon they will be showcasing some of their blockchains potential with speeds in excess of 200k TPS on offer. That blows all of the competition out of the park.

I don't believe in rumors about partnerships before I see real information about usage. If they just talked with them, how it usually happens this will be just pump and dump. Lenovo can't create such tech buy their own team?

I'm tired of endless partners announcements because they don't offer real products to help mass adoption of crypto. We need crypto integration in real life to moon Credits or other blockchains.

I used to own some Credits but had decided to sell with a loss. This project has only thriven because of pure hype, nothing else.

Terrible devteam, it's not worth for long-term investing. Just one out of many pump and dump tokens.

I know right?
Plus, the articles cycles on how brilliant lenovo's "AR Vision" is, not on how they will utilize Credit's blockchain.
They just mentioned "expertise" which for me it sounds like that the partnership only involves the team, not the actual coins that they are trying to market with this.

By the way, are you vit05 (https://bitcointalk.org/index.php?action=profile;u=194811)'s acquaintance ?

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Also, I've check lenovo's lenovo-AR (http://www.lenovo-ar.com/) site and I didn't find any news regarding partnership with any Digital currency.
If ever it will be used "internally" as the news said, will it benefit the hodlers? No, ryt?

These partnerships are meant for the future, possibly when the Credits platform is ready enough for public/commercial use.
Shaking hands with both parties doesn't mean it's final.

For ex, on the their official article..
The keyword is "is looking", which simply means it is undecided at this time.

In this market, even good news like this does not have a big impact on the price of the coin that we can see right now. Maybe in the future when there will be a growing trend, such news will affect the price, but so far, do not expect the moon...

before its  samsung  , now lenovo ? whats next oppo and vivo ? lol  , i hope local brands can also collaborate with cryptos for an even better adoption .


why not ? still this is still a good news because real world companies are now slowly recognizing cryptocrrencies  and if ever lenovo decides to advertise this  certain crypto , for sure it can cause for the people to get curious and they will posibly invest on it resulting for the that certain crypto to increase its value .
you may not notice it for a while but you can notice it as the time goes by .

Excellent news, Lenovo partner with a worldwide reputation, I'm sure that Credits will show a good result in 2019 and bring me a profit)

if credits are partnering with Lenovo, this is very good news for them,
and good news for the world of crypto currencies now

Not only in the computer but lenovo has a lot of portion in the mobile business, That's indeed a good news and that will become a huge thing when credit will try to implement its platform and to be used by lenovo. As far as i know lenovo in the same level with samsung and asus. it can be considered as a big company too.

If they create a usage for them on their own blockchain then they will need CS tokens in order to facilitate that. Even if they are not operating directly on their blockchain, being in co-operation with a large corporate like that will bring huge benefits, simply just in the form of guidance, expertise and experience will be enough.

Ive checked lenovo twitter and no post about thier partnership to credits, maybe they will post it by the end of the week. And btw im still holding some credit tokens and waiting for that pump.

They can, but at the same time, they might actually see a need to just use something that is already available instead. Just a thought ! Moreover, how are we so sure, they have not been behind the scene all along, and it is just like a marketing strategy to bring about demand for credits rather than putting it directly it is from Lenovo ? Just another thought!!

Nevertheless, I understand you well with the number of rumors and plenty of fake news going on in our space but since the team themselves posted this on their blog, I see no reason why they would have to lie about it.

It might be a bit much to expect instant price increases based on this type of announcement in the current market climate as there's lots of competition for faster blockchain solutions but partnerships that increase the profile or adoption of an asset will eventually translate into added value making it a decent investment prospect for the medium to long term

Lenovo, which is meant here, is a subsidiary or still in the Lenovo Group that we know, so if we are still confident with credits, we will hold. Credit prices are still very cheap now. with the many advantages the transactions we get with credits are very potential in the next year

Normally, most of the altcoins had a good move yesterday in the hope that the market would be a favorable condition for the alts to grow but as it is, it seems the market is absolutely not ready yet for such movement until we can clearly see the extent to which bitcoin wants to move. It is not a bad thing for Credits team, considering that such partnership is a big move and would really bring about some impact for its usage over time, but I really would not expect that much in the short term for market growth because of that.

I am crying. I received Credits from bounty campaign and I  sold it as soon as possible. This was my big fail.

Credits is a fraud.  Be careful investing your money, they care more about appearance and PR than product building....

If you look at this point of view, then of course, this partnership is very important. The bad thing is that now it does not work out to get any addition to the price and I want to believe that in the future this will change for the better. Well, let's see...

The hype is long gone with credits, as it is with most alt coins now, the market is dictating what will moon now

Credits is total shit.

I think this is good news for credits and cryptocurrency in general.  Credits has some very good partnership with zoom and modern chain and if they continue with the trend, Maybe adoption isnt as far away as we believed?   

But actually it is good even though there is no agreement on the possibility it is indeed in the future. because the platform credits themselves are testing a lot and of course there must be a readiness for later to be used by many people

Looking means that they have a contract in place and will be working together on incorporating credits blockchain in to lenovo operations. They're not going to wait to announce it until after this has been completed because this stuff takes time. Just like when you sign a contract to buy a new house you don't move in the same day usually.

i think it's good news for investors now they can rest assured that the team is working hard and establishing partnerships that need to bring real value to the world but i don't think that Credits will moon since we're in a bear market and good news don't reflect much on the price .but it's very promising for the future.

Well there was a typical pump just like in many other projects before once a new partner or big news came out and now once the hype is over the price is dropping again, nothing new in the world of crypto...

In the past I have seen many altcoin projects had made tie up with big companies but in long term they are not capitalizing anything. Paying some big money to Lenovo and making use of that brand for promoting their coins/token is the thing is going on now a days. Still, it is another good effort from credit team but I am not ready to invest with any one including this credits.

Yeah! Nevertheless, rather than focusing so much on whether the price is going to be mooning or not, we should be focusing on the relevance of the partnership and what it would mean for the usage of CS as time goes on.

To me, it sounds like a very good partnership and a good way to start with, which also shows a great prospect considering the fact that Lenovo is a well-grounded technology company that has been operating for years and such partnership would mean a lot for investors.

credits are one of the most successful projects in this year, but I don't think any partnership done by any project will have a big impact on the price. indeed its development continues, but it will not create good growth. let's wait and see.

Ithink this is a good news for credits, patner to big elektronic industri n the world, and i think the credits price goes to up.

Credits is total shit.

Thank you for your response, care to elaborate on your reasoning at all?


Of course you are right, the most important thing is ensuring the long term viability of credits and that's mostly down to having numerous uses. If all that is in place then in time the price increase will follow.

I believe Credits will be in very good places in early 2019. This partnership is just one, credits are announcing a new partner almost every day.

It seems to me that this is a bad advertisement for the company. Initially, you can make a real and popular product in the community, And then think about the provision of other services.

wow, thets great news for cryptoworld.
i think its green light for buy

Yes. It even looks ridiculous. But I think that intelligent users will pay attention to the prospects of such projects, and not to unsubstantiated statements.

in bear market i not think this news can make it to moon

It is not a bad news for them and considering that Lenovo is a well-known technology company, it would go a long way in its usage within that environment. However, I do not feel this should be very huge news to really affect the market hugely, since this is not the first time any coin or token will be partnering with a well-known technology company or entity and still end up being dealt with. However it is though, I believe only time will tell how things would go with Credits, but it is a good start.

How is it a negative? They have enough staff working hard in different areas that the business side can continue to partner with more and more partners while the tech and development side work on making the product function as well as possible. It would be far worse if they were only doing one at a time. The fact they can get such partners now should be seen as a positive and in the future when the tech is fully developed and proven they will only be able to get more partners and on better deals.

It can but for short term, there was a lot of people are still waiting for the main net to go live. This could be the important thing rather than try to create another partnership. Try to create a working product and then just try to attract to new customers to use it or at least they wanna use credit blockchain and then just try take their impressions about that.

Mainnet is already live for developers and partners, it is scheduled to be live in Q4 for the rest of us to use but that's not going to make up as much of the use as partners will. I think we might be able to see the first ICOs conducted on the credits blockchain in early 2019.