Bitcoin Forum

What are your thoughts on this project?

Quite some scam accusations...


https://www.youtube.com/watch?v=FPKbbrt4P0s

Might be scam: https://credits.com/en/Home/Team

The first guy's linkedin link doesn't work! But the CTo has a solid tech history.

Everyone else has linkedin accounts that you can't view unless you're in their network.... why hide their profiles from the public like that?

Thats old news, they already answered on this

https://np.reddit.com/r/CreditsOfficial/comments/82yod8/answers_to_latest_questions_and_desicions_to/

I like this in depth analysis:

https://www.reddit.com/r/CryptoCurrency/comments/833tph/an_actual_objective_review_of_credits_blockchain/

Right now i don't see signs of fraud, the ico was impressive successful. The first results we will see soon - the launch of network is planned for June, so we will see is project scam or not. For me it looks promising.
 

Credits (CS) sincere or scam ? Hopefully not a scam because I invested some of my coins into credits, now the price of 1 credits is around $ 0.652114 and the highest credits price for this month reaches $ 1.20 hope it is not a scam, as credits are now becoming popular in the crypto market.

For now, it looks solid. Project looks genuine and the platform looks good. If they turn out to be a scam, it will be sad to see them go...

I'm hearing a lot of scam accusation plus the team is not diversified... no go

Doubt it is a scam, they must have paid a hefty fortune for that domain name. Would be a pretty hilarious way to scam if so, I don't think scammers would invest this much...

There are many accusations of fraud ...

check the last researches here.

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

https://np.reddit.com/r/credits/comments/85btx8/commentary_of_credits_second_alpha_test_post/

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

I worked for CS project. There will be no fraud here and they work very well and are reputable. They paid me the right amount of money as they said and I was holding quite a lot of tokens.
Do not believe in the news sites around you, it will just be you more worried. Trust and make good investment strategies to make a lot of profits.

I have been watching CS since they were listed on kucoin. Price has been volatile but then so has the whole market and it is a new coin.

Check their official page on here and watch the scammers creating every day new fake accounts and bots for promoting their sh*ty ico.
There are plenty of facts that shows that this ico will scam everybody soon.

Do your research before you invest your money.
https://bitcointalk.org/index.php?topic=2401248.2960

Interesting video, I didn't know about it. I was going to buy this coin on Kucoin because there are lots of people who told me to buy it, for exemple the famous youtubers Suppoman predicted that it will go up x100 easily

I think this project is very solid after my research. Though there is not many big exchanges that list this coin, the price on idex.market is about 5 times of the ICO ETH price, if it is a scam, the price will not be so high.

Kudos for the project for buying credits.com. I can imagine that domain cost them a considerable amount of money.

However, i am in doubts with the legitimacy of the project. But more than that, i don't see any value in this project because it doesn't offer anything new. We already have a million coins claiming to be a fast or smart coins. We don't need another one of these.

For us, the word credit already implies fraud and money luring, but we are always ready to take risks if the project has a future and an idea. Here the idea is already jammed so, among the many such projects, I would not choose this one until it showed its distinctive features.

No one will give a correct answer, only time will show. A lot of information about the fact that he is a fraud, but 100 percent confidence I do not have in this.

I do not think it will be a scam, it is a good project nice concept of a new innovative blockchain network resolving the issues faced by old blockchains, we cannot call it scam
Only because the team members are hiding their linkedin profiles, even the man behind bitcoin, satoshi nakamoto is fake, so it does not matter, some people do like to work in privacy and anonimity.

Will I think CS does have its merit and is unlikely to be a scam, endorsement by youtube personalities doesn't really encourage me - especially when you know their opinion is probably being sponsored. On the other hand, sponsoring them is the fastest way to reach certain audiences

I don't care if they are scam or not. The most important thing is that they have the support of a very large community and the current price has far exceeded the expectations of investors. I think instead of saying they cheat on you should have a better view on this project as it will surely become the first ICO x100 in 2018.

the price is 5x compare with the ico now and i think it still has a great potential to grow, but there are many people saying its technology has a fetal error which cant deliver, if this true, i wonder it deserve a long term holding

The project is so fresh and the potential of it doesn't even came yet, theirs so many pump will come with credits project I believe. And for now the market has turn green maybe we can see more price rise for credits to come so I will think of buying some today to gain with upcoming hype brought by credits supporters.

I think it's not a scam but very perspective and fast blockchain project. It could disrupt PP and others. VISA are processing nearly 2K transactions per second and Credits achieved 400K on their alpha.

Still, due to price bump, I already cashed out 1/2 of my ICO investment.

There are so many question marks that surround this project, I started taking the project serious when I saw that Segio rate it very high but after I invested in their ICO he said he was sorry that the team deceived people about their transaction speed and that their testnet did not work, so I sold my tokens on the market, I think this is likely going to be a scam

Check out the research that is available here before you invest on these scammers.

https://bitcointalk.org/index.php?topic=3172280.0

I'm waiting for news, I hope team working for real product, so CS already made around x3-x4 compared to ICO price in a chaotic market.

so really there are many questions to this project. I also once thought that it was a very promising and good project, but for some reason did not invest in it. then I saw a cut course and I was very sorry for not investing in this company. but now reading this topic I'm calm.

Don't really know if it's scam or not :). As I can see their token is increasing very quickly although the whole market is dumping, hope this one is not a scam one cause I'm planning to buy and hold Credits token for long term. LOL. At the moment, price of CS is 8 times higher than ICO price and it'll keep increasing in the future, let wait to see if this project is a scam one or not.

I wasn't sure in that project when I saw ANN thread... however, the price has grown greatly and it's very likely that it'll grow more. However it's still can be a scam project because everything we have now is just words as for me.

You can check the research that is available here about these scammers.

https://bitcointalk.org/index.php?topic=3172280.msg32820308#msg32820308

I dont know if this project scam or not,If you invested earlier in there ICO most probably you get your investment back plus you earn some token.by the way they just paid all the bounties including mine but anyway dont hold the coins for a long time we dont know what will happen.

I make sure this is not a fraud, because I joined their signature campaign, and I have received my rights as I should.

IMO, CS is a great project and they've managed to deliver on their ICO so far. This is going to be something bigger than ETH and BTC in the long term

it is true, the most important in determining which project we will support, then we must make sure first about the idea used, and as much as possible to find ideas that still do not exist in other projects, so it looks unique and attractive to investors

I am quite confident in my opinion and I would say its going to be scam. Not like those projects that run with your money, but it will slowly disappear from market, their founder doesn't look trustworthy at all.

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 :)

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

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. ;D

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 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 :)

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.

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 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.

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.

https://i.imgur.com/C208eLI.png

https://i.imgur.com/zVN4eIN.png

https://i.imgur.com/pCv4Oqr.png

https://i.imgur.com/sQ9kZAI.png

https://i.imgur.com/GQOBgpr.png

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 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.

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 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.

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.

https://i.imgur.com/iSTHC8U.jpg

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.

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 .

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.

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

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.

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.

my experience in crypto currency community there's some skeptical about the project but you still need to do your own investigation. I will advice you to be more careful.

I think this is a sincere project, not a scam. My friends are still paying normal tokens and the price of it is still rising. I do not think this is scam, trust and invest in them.
My friends checked them thoroughly and there was no sign of fraud. Rest assured and trust them.

what did "your friends" check exactly?   their spellings and grammar?  maybe their web design?

I was slowly convinced by the many people that Credits were fraudulent and gave very good evidence. It seems I have blindly trusted them and do not know that they are intent on cheating people. That may be the most sophisticated hoax to date. Credits is a large ICO project promoted by news and media channels for a long time and no one thinks they are cheating. How do I do now?

Yes, I have been persuaded by different evidence. Maybe I made the wrong investment in a fraudulent project, although this is a very large macro project. Credits are known to many when they start bounty campaign. Their tokens usually end very early, within two days people have bought them all. But I do not think they are cheating, I was wrong to trust them.

If you do not trust this project, you can sell them immediately, the price of cs pumped a lot a few hours ago, which is about 7 times of the ICO price, I think this price is very high now.

That was how ETH was called scam, credits is still an undervalue gem as for me it's not a scam

actually it is very hard to say which is scam or sincere, but in any case, I believe that once they do what they promised to their investors, it is a proof of a sincere investement dont you think? But definitely, I will be waiting before I will buy in.

I also see it, now you can sell it and get a profit with the high price increase. but if you see significant price increase I'm sure credits are a good token.

Now it is difficult to say whether this is fraud or not. In my opinion, it looks promising, although I'm not 100% sure in CS. To understand exactly, it takes some time.

They created a new Self-Moderated thread and they delete every post they dont like.
As bitcointalk moderators suggest, if we dont like self-moderated threads we can create a new one that wont be self-moderated.
I did that and credits army reported so many times this new thread that they deleted it today.
That how credits is operating. Shouting mouths they dont agree with.

any new updates on this project?

Credit successfully registered in Okex exchange, this good news and trading volume there is very big. I am sure the price will go up. Let's see this coin is very potential.

Also they are active in multiple seminars and conventions as of late and the most recent was at GameNode in Moscow. They are also taken partnerships from the Pillar Project and Rechained which I think are good projects. I think that CS is only riddled by the negativity of the market prices but it can be a potential altcoin as their team provides a contentious update about their project as opposed to scam ICOs.

I am a credit investor and so far it has been one of my best ICO so far since this year, it's only ICO token that I have in my wallet that have not gone below the ICO price, I think people are against them because they said they will do a blockchain that will make 1m TPS which made a lot of people to got jealous and start creating FUD on how they will achieve that, for goodness sake credit is not the only blockchain project on the space, why people attack them is what i don't know and that's more reason i will invest in them.

Good day. I joined their campaign before and didn't know there are scam accusations like this one ad only read it just today. Credits ICO was successful and they are active still on social media and started another campaign to strengthen the project even more. There's also lots of exchange for Credits. Giving scam warnings are OK coz it makes people aware of the project so to give us a chance to dig dipper on whether an ICO is worth joining and investing.

There are a lot of people saying that CS is a scam and I am very confused about these ideas. Actually CS is an altcoin that has excellent functionality and processing speed in the money transfer. I thought it would not be a scam because it created a very wonderful altcoin.
I believe in the development of CS though I do not invest in them. Hopefully it will reach the top 100 of the Crypto market in the future.

Most people are looking to bring a lot of FUD news to make the price drop unexpectedly but I think if you sell CS at this time is a very stupid act because the CS is a big project and there are the trust of many big partners. In the past 24 hours, CS has increased by more than 30%, which will attract more new investors in the future

I believe there is potential in this area. The banking Industry needs to experience a revolution. Features like cheap transaction costs and fast speed are compelling. We need to wathc closely how the market will react and if participants, banks and centralbanks are ready to accept the new technology yet.
I see great potential, but also risk since there is a lots of competition in this area. For sure someone concepts will last, but lots will disappear couple years down the road.

i dont have any news about this project trust.
but i dont like.