This bloody ponzi is growing unimaginably. There will be a big scandal after it will collapse.
You talking about bitcoin? |
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Bitcoin price went through $13k, $14k and $15k all in less than a day...coming up to $16k now. Bitconnect are ripping us off with their measly interest rates haha how much profit are they making now?  |
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A non-scamming team should be formed to fork this coin and make Credence II or Credence Gold. Then givie all current holders that got scammed double coin.
The name credence is mud now. fucredence can be used Where's the DEV now and where's the lending site?? |
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Facebook News from dev 30 minutes ago:
Alright. Don’t be scared of this dropped priced. It’s just CredenceCoin ICO all over again. Some Whale that cashed out when the website is about to be launched!! This is normal. Grab more coins and stake. Dec 9 is around the corner. Price will bounce back right away.
Link? Don't think that's the official page anyway as there are lots of them. Where has the Dev been for all these hours while everyone is making money trading the coin. |
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I don't understand why people would think they did an exit now when they got a lot in place. live blockchain, dekstop wallet, trading in mercatox exchange and listed in coinmarketcap. doing the listing in exchange and marketcap alone cost a lot of money, why would they exit now when the coin is only 4.45 each? doesn't make sense lol
Maybe they are lazy and want to lay on the beach  |
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This is crazy. Yea never invest more than you can afford to loose. The volume on coinexchange.io is increasing. I think we can bounce back. I still have faith in these guys but if it doesn't happen so what. I will not just dump though. Just stick your name Credence!!
cre·dence
ˈkrēdəns/Submit
noun
1.
belief in or acceptance of something as true.
"psychoanalysis finds little credence among laymen"
synonyms: belief, faith, trust, confidence, reliance
Sigh. This reminds me of one of my mottos.... dont trust a business that has Honest(or some synonym) in its name. IE dont buy from "Honest Co", dont go to "Honest Mechanics" .... etc. I should have seen this coming. very true I can guarantee that is not true. More often then not it is true , Its like when people say "to tell u the truth"meaning they usually don't tell the truth and probably aren't at that time. If someone feels the need to advertise that they are Honest.... they are probably dishonest. Well I'm just talking from my own experience as I have had businesses with synonyms like that. |
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This is crazy. Yea never invest more than you can afford to loose. The volume on coinexchange.io is increasing. I think we can bounce back. I still have faith in these guys but if it doesn't happen so what. I will not just dump though. Just stick your name Credence!!
cre·dence
ˈkrēdəns/Submit
noun
1.
belief in or acceptance of something as true.
"psychoanalysis finds little credence among laymen"
synonyms: belief, faith, trust, confidence, reliance
Sigh. This reminds me of one of my mottos.... dont trust a business that has Honest(or some synonym) in its name. IE dont buy from "Honest Co", dont go to "Honest Mechanics" .... etc. I should have seen this coming. very true I can guarantee that is not true. |
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I still have a 1000 coin, but I was in elekta and got burned on that to. I will be honest and say I bought 10K of these during stage 1 at .25. Every time the dev talked he sounded more and more like elektra. I sold 6K the night he said word for word what was in elektra's whitepaper not this one. While I made great money off of the 6K coins I was still holding 4K hoping I was wrong. I said a couple of times on here, please change the site, it doesn't need to work , just change it. I was called a fudder and then the dev said he wasn't changing it! I sold 3K more this morning and I am stil holding out hope with the last 1000. I am hoping the same dude didn't get me twice. I care more for you guys, because I made money off of this. I was really rooting here and still hope I am kicking myself in the ass selling so many!
What do you mean word for word? What did he say? |
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Dev Message
1. What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2. We are unable to contact but have left several messages.
3. The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4. This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history. Nor would we be bothering to try and explain what has happened.
5. Our only hope is 2 of 2 things. 1. The Dev has been hacked and we can recover the majority of coins or 2. We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market. Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6. Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7. Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running.
So in summary, the following could potentially happen -
A. The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B. We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for.
C. Wait to hear what happened if the other Dev replies and what the status is of the coins.
It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know. This is not and was never intended to be an exit scam, if it was it is the worst performed one in history. Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now.
If there is anything to update that is positive will do so ASAP.
So this project you are saying isn't anonymous because all your family and friends know about it? I thought you didn't want to pay any tax as your whitepaper detailed? Anyway, the fact a few million coins were sold doesn't change much at all and shouldn't stop it launching. The lending will be paid for if the coin gains in value and it is better to start at a lower value than a higher one. Also, did you contact the two exchanges about this ? They have good customer service usually and can block accounts if you explain the situation. It won't be hard for them to find who is dumping the coins, obviously. There was no mention about halting the trading to protect coin holders in any of the announcements. |
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Dev Message
1. What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2. We are unable to contact but have left several messages.
3. The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4. This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history. Nor would we be bothering to try and explain what has happened.
5. Our only hope is 2 of 2 things. 1. The Dev has been hacked and we can recover the majority of coins or 2. We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market. Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6. Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7. Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running.
So in summary, the following could potentially happen -
A. The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B. We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for.
C. Wait to hear what happened if the other Dev replies and what the status is of the coins.
It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know. This is not and was never intended to be an exit scam, if it was it is the worst performed one in history. Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now.
If there is anything to update that is positive will do so ASAP.
So this project you are saying isn't anonymous because all your family and friends know about it? I thought you didn't want to pay any tax as your whitepaper detailed? Anyway, the fact a few million coins were sold doesn't change much at all and shouldn't stop it launching. The lending will be paid for if the coin gains in value and it is better to start at a lower value than a higher one. |
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Trevon is still going on about his stolen bitcoins (until we believe him, I suppose) and also says Vitalik is 'mad': https://www.youtube.com/watch?v=SkFN4-vvx-0  The guy still has his security settings on 'LOW' on bitconnect with $500k invested in it. 2FA would bring it up to medium security. |
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Hello all,
I am pretty new to this, and just made a stupid mistake. I was impatient to get on the bandwagon, so did not wait to have $1010 to deposit to benefit from the 0.1% a day, Instead I deposited $630 on one day, and today another $500... but I just learned that despite my total being over the minimum for getting the 0.1%, Bitconnect calculate according to EACH SEPARATE deposit, not your total! This seems really unfair, and was not made clear before I made the investment.
IS there a way around this for me now, or will I have to wait 299 days without that 0.1% a day before I can get my money back?
Tx
Mark.
Gleb would say that was the least of your mistake lol but seriously there is at least one new one that aggregates the loans so this problem won't happen but generally all loans are considered as separate. Also , all reinvests I think are also considered as separate so most of these won't have a bonus (unless you are reinvesting thousands each time). I think the best thing to do is just reinvest when you can unless you are happy getting $10 a day. On another point, BTC was only $7k a few weeks back when these lending platforms started growing in number. Now it's at close to $12k and I don't think it's a coincidence at all. Even the MMM creator tried to suggest that his company was driving the growth of bitcoin a few years back when it was a lot lower in value. As everyone knows, people see bitcoin mainly as a store of value. A year or so ago it was only worth a few hundred dollars and people who thought they were getting a bargain (some sites offered discounts for bitcoin purchases) will now look back on their not so old receipts and see they spent $6K on a $200 purchase. These lending platforms offer something of real value and a passive income for anyone involved in cryptocurrency who are scared of selling the bitcoin they hold. For new users I suggest davorcoin is the best one with great starting interest rates (about double of bitconnect). It went 15X from lowest ICO price almost immediately. Lots of volume on their internal exchange in the millions of dollars per day. The owners seem to be from France so not quite as unknown as some. |
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The next day is 1.24% for lenders !
I was talking about Davorcoin which only just opened its exchange. Probably better than bitconnect at the moment and are more trustable than most others. Great lending rates. If you lend more than $5k you get an extra 0.2% so that would be more than 2% on average at the moment (nearly double your lending amount if you compound for a month), but they only just started. "1.78% Dec 03, 2017 Pending
1.88% Dec 02, 2017 Today
1.91% Dec 01, 2017 Applied
1.72% Nov 30, 2017 Applied
1.81% Nov 29, 2017 Applied
1.85% Nov 28, 2017 Applied" No ponzi can last for years but only ponzi with "legitimate" earning can last long. ~2% is really unsustainable when you already know that 1% isnt on the really long run. I just hope you dont think it's gonna be online in 1 year. 12 months of full compound with 1010$ from start. @ 1% = 38k compounded, you generate ~380$ a day. @ 1.5% = 229k$ compounded, you generate ~3400$ a day. @ 2% = 1.38 millions compounded, you generate ~27600$ a day. This is why BCC is running for 1 full year now and it will still run for some time. Anything that promise you more than ~1% will get away with your money pretty fast. 1% is already really high. Hope you didnt put too much of your savings into Davorcoin  Bitconnect used to pay out 2%+ regularly btw. Isn't it funny how all these different groups seem to have invented an incredible trading bot independently of one another. Not suspicious at all and totally believable. The avg over the last year is something like 0.95% on BCC. So "1%" is pretty accurate. The last few days were pretty low. 1.24% 2017-12-02 0.11% 2017-12-01 0.19% 2017-11-30 0.54% 2017-11-29 1.20% 2017-11-28 1.30% 2017-11-27 ~0.76% avg. Are you having a joke boulard83? Look at your signature: So, you seem to like to have a go at davorcoin even though the ones you are promoting are arguably not as reliable. I made 1BTC from the ICO due to the price increase. I haven't lent anything but seriously considering it now as it started so well. It's best to have many $4-5K loans in various ones as you never know which ones may disappear. The only one that seriously disappointed me so far is glasscoin which never really got a decent price (dev probably dumped coins) and is stuck at around 80cents. |
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The next day is 1.24% for lenders !
I was talking about Davorcoin which only just opened its exchange. Probably better than bitconnect at the moment and are more trustable than most others. Great lending rates. If you lend more than $5k you get an extra 0.2% so that would be more than 2% on average at the moment (nearly double your lending amount if you compound for a month), but they only just started. "1.78% Dec 03, 2017 Pending
1.88% Dec 02, 2017 Today
1.91% Dec 01, 2017 Applied
1.72% Nov 30, 2017 Applied
1.81% Nov 29, 2017 Applied
1.85% Nov 28, 2017 Applied" |
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I think Gleb and co have their work cut out posting on the hundred threads for all the other lending platforms. Davor Coin was one that opened its exchange yesterday and the price is stable at $6.75 (generally rising). This is from an ICO price starting at not much more than 70cents. Maybe you need to go to all these bitcointalk threads explaining how they are all a scam.
Price for Davor is $13 now! Everyone would have made lots of money who held until now (I sold a bit earlier unfortunately). I would have lent quite a lot if I sold now. They are paying close to 2% each day at the moment which is a lot without even compounding (or 80% per month otherwise). Obviously they won't be able to carry on at the same rate but their coin just increased 20X already from ICO price and many people have already lent at a much lower coin value so they are already in a lot of profit. |
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I think Gleb and co have their work cut out posting on the hundred threads for all the other lending platforms. Davor Coin was one that opened its exchange yesterday and the price is stable at $6.75 (generally rising). This is from an ICO price starting at not much more than 70cents. Maybe you need to go to all these bitcointalk threads explaining how they are all a scam.
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BCC decided to go up to $315 now. Must have been bored.
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EmberCoin began as a Proof‐of‐Stake coin rescued from hyper‐inflation lmao Or of Coleman: With involvement in both the education and defense sectors respectively, where timeliness, security and accuracy are essential to any release, his leadership and organizational skills in software development set the tone for the project. |
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