The prototype hasn't been verified or demonstrated.  It's still a concept.  Without verification, the concept is worth about 0.70 a share, but with verification by an outside source like they've done, I think we could double that valuation, but only when compared to the space, at large.

The team's greatest asset is still the name.  Clearly, none of the larger exchanges will touch it, at this point, but that doesn't mean they won't, eventually. You will want to be 100% in BEFORE that occurs, due to the lack of liquidity.  Even a handful of hours behind the curve will wreck your investment in this coin.  I never sleep outside of Credits.

The second greatest asset is that they didn't over value their concept, which demonstrates integrity.

Mass adoption of digital currency is going to happen, and sooner than most people realize, I suspect, regulation or not. However, I believe that the threat of new regulation in the U.S., coupled with the threat of a war on the Korean Peninsula are going to hurt this project in the short term.

If they can launch their network, and allow users to begin moving money around the globe, I see a $10 value in no time.  

I deleted OKex from my Twitter acct.  OKex is a scam ....

This has been a market wide selloff, and if you’ll notice the ranking of Credits has not budged, with respect to other coins on coin market cap. In fact, we are somewhat lower than the recent 180 in the ranking.

What is different this time, us that typically Credits has held up better, in a broad selloff, whereas this time it has not. It’s hard to theorize why that would be, unless you had speculators holding onto hopes of the larger exchanges coming on board, and when they didn’t, the speculators simply pulled out.

I think the bigger problem is that the peace settlement between the North Koreans and the United States appears to be on hold or even nonexistent now. A war on the Korean Peninsula, would probably severely hurt many projects. I think that unless you are viewed as a reserve currency, you would not be favorably held.

I don’t really see China allowing a war on the Korean Peninsula so I view the threat as unlikely, short term. I think if President Trump actually pushed for this war, he would find a lot of his military pushing back. China really holds all the cards.

Vote for Credits again?

If OKex rejected the project, which is a known as more of a bluechip exchange, why bother with Huobi?

I think Credits is crashing because speculators are losing interest.

The team should attend Comic Con, and forget about the exchanges.

Hopefully someone buys Credts, and makes some intelligent moves.

Interesting, that this guy from IBM has come calling.

I have an idea for a new product that could be built upon Credit$ platform, so I'm glad progress is being made.

This will be what makes Credit$ valuable.  What can be built upon it.

This pattern of Credit$(secondary market) dipping as the bigger coins(primary market) rises, is typical, and in the past has reversed in a day or two, with the coins in the secondary tier, lagging behind.  Why the initial dip, is curious, but my guess is, money is pulled out of the secondary market, to move into the primary markets, then profits are taken from the primary markets, and put back into the secondary. That's my theory on why we've seen this dip as the primary rises. It's a pattern I've seen before.

So is it too late to play the switch-swing?   .... probably .... since we're approaching a key support level in Credit$ anyway, namely, the 0.75 cent level, which has seen very strong interest, repeatedly in the past. Rather than selling now, buying Credit$, as it falls, would seem the smarter move, to catch the swing back up, which I'm expecting next week.

I'm not worried at all, as this is a pattern I've seen several times, where the broader market leads higher, and then Credit$ lags, or even dips, then rises, often as the larger coins are topping. The likely reason is the whales are taking their profits, and rather than moving into fiat, they begin buying the secondary market coins to catch that secondary market swing up, also.

This is my theory of the price action we're seeing now.

lol  I'm sorry, but this is funny.  The team may be Russian, but not all Russians are untrustworthy.  

What is not wrong, is the perception that many Russians who are in the news, especially in the Western Media, are viewed as untrustworthy.  This is a fact, and the politics don't help the project, but I think their ethnicity actually helps in several ways that counter this weakness. The Russians hacked the U.S. election, for one.  That's not about "trust," that's about being smart enough to pull it off.

If this was a scam, they are operating the cheapest scam in history.  

As for your OKex play, I have no idea the odds on that happening, are, but we've all seen far worse projects than Credit$, make it to the larger exchanges.  


Speaking of ethnicity, my wife drools over Igor's pics. 

The bottom line is, you don't want to be out when a Binance listing occurs, because that pump could happen in a very short amount of time, and be exponential. You could easily miss a 20-300% gain, if past projects are any clue.

So far, a nice 0.3 cent profit on the free TA, if you were paying attention yesterday.  If you know how to calculate the potential upswing on a bull pennant break-out, smash up the likes, or the "thank you" button. ;0)

If not, just ask.

Besides, when the ET's arrive, the only money they'll accept for rides, will be Credit$, unless I'm dreamin'?

By the way, there's a well defined bull pennant on the 8 hour CS/USDT chart on KuCoin, which is likely to break upwards to the next 0.10 increment, as we've seen several times now.  It could break down, but if you study the statistics of bull pennants, they usually behave very nicely.

Enjoy the ride, guys, this is very hot coin, with an incredibly strong fan base.  

Tonight we saw the price of Credit$ gap up about 0.38 cents on relatively light volume, which suggests to me that we have a liquidity problem at the current price levels.

What this means, is when  Credit$ manages to hit Binance, we're likely to see a big spike due to liquidity issues. The same could be true if we manage to move back into the top 100, which is getting ever closer. The last I checked, we were up to about 130.


With the addition of new exchanges, I see the lack of liquidity increasing, as distribution increases, and it's off to the races, folks ...  She won't be under a dollar for much longer.

ATTENTION: SPOILER ALERT

If you haven't seen the new Avengers Movie, Infinity War, you may wish to skip over this post, for now ....

In addition to both the Star Trek and Star Wars franchises using Credit$ as the digital currency of the future, we now have the most popular box office, opening movie, of all time, doing this.

‘Avengers: Infinity War’ All-Time Opening Record Even Higher With $258M+ Domestic, $640M+ World Wide

Not to mention the wildly popular Guardians of the Galaxy, which is where some of the characters in the new Avengers movie, including Rocket Raccoon, spilled over from. So that's four, giant, mythological franchises all agreeing on what the digital currency of the future, should be named. Don't kid yourselves, the underlying power of this on the human psyche should not be underestimated.


Source: Official Trailers - https://www.youtube.com/results?search_query=avengers+infinity+war+trailer

In the new Avengers movie, which I highly recommend seeing, Money and Currency are only mentioned one time, and the term they use for the money of the future is clearly Credit$.

In Infinity Wars, Rocket Raccoon, is quote as saying to Thor ...

"Some jerk lost a bet with me on Contraxia." "He gave you his eye?" "No, he gave me 100 Credit$

This cybernetic eye, which is given to Thor by Rocket Raccoon is described as a replacement for Thor's damaged eye, and is also, a pivotal moment in the movie.

Since only about 1% of people on earth are currently involved in the cryto currency space, this means that the 99% of those capable of owning Credit$, don't even know about it, but they will learn, thanks in part to this popular movie, and others like it.  

It's so bad, especially this question and answer series that I have to believe it's intentional FUD. I'm not kidding, they can't be this out of touch with reality, unless they are living on another plane of the universe. It's like they're uncomfortable ET's, living among us, grasping only part of the culture.

Their home-made videos, with members of the team are all this way, and it's not just the language barrier, it's a cultural barrier.

I'm thinking of writing a joke for the future.

Q: What do you get when you mix a Russian team with the blockchain .....  ?

Ans. "Blockheads!"

Is this why we haven't heard a peep out of them going to Consensus in New York, next week?

I suggested that they attend Comic Con in San Diego, this summer, to tout the Star Trek and Star Wars, digital currency of the future connection, and they banned me from their telegraph channel. <I'm not making this up>

The thing I cling to, is the hope that perhaps Credit$ might be capable of an ET-like maneuver, which could help propel the myth to match the name.

This is possible ... if you believe in the power of a myth, as written about by Joseph Campbell, who was involved with the Star Wars saga writers and myth makers.

A myth is similar to a religious faith, it can become a reality, for no apparent reason.

I suspect, and this is just a guess, many investors saw the recent pump in Bytecoin(BCN,) when it hit the Binance exchange, and saw a rise of up to 1,000% at the peak, and they think Credit$ will do the same. I saw it rise to over 600% myself, and might have joined in the night before, but you could not buy the tokens if you didn't already have some, or were already active on the lesser exchanges it was traded on. hence the reason for the pump. NO LIQUIDITY ...

However, the ByteCoin(BCN) pump was not normal, it was artificial, and some say, even intentionally created, due to problems with transferring ByteCoins to the Binance Exchange. Personally, I think their network, simply failed, is why this happened, but who knows.  It left a bad taste in my mouth, but I also had better sense than to join in at 600% FOMO.  I'm sure that some folks lost their shirts, and are running around naked someplace.

It would appear as if Credit$ has formed a new channel, or a bull flag, or possibly even a descending triangle, with support at around 0.82.  It's too early to say, given the channel or flag hasn't fully formed.

Thank you. I've been watching Credits since the Pre-ICO, and it's one of the most easily traded coins I've seen. When you get attached to something like I am to Credit$,, you can more easily follow her habits.

I don't day trade, I swing trade, and I'm very selective in my movements. I've also missed some rabid tops that were far more frothy than I expected.  The simple reason, is the limited number of coins, for a protocol of this type.

The other interesting thing about Credit$, is that it will often bull flag, allowing you plenty of time to take profits, and figure out what's going on, and what may be coming next. Credit$, will often trend behind Bitcoin and Ethereum, trailing by 12-24 hours.

If you caught my TA, before this one, you would have made an easy 10-20%, and with this break, we you could have easily done the same.

She handles stress very well, which is exciting to see, and suggests that her foundation is exceptionally solid.

As a result of Credit$, recent decision to bring in a good software auditing team, I've increased my projection of the comparative fair market value to double where I had it, or $1.40 a share.  It's not a real world number by any means, but relative to the space we are in, it fits.

We broke resistance today, and cleared all the way up to 0.79, and have resumed what I suspect will be a new plateau, with 0.75 cents being support. However, some of the Elliot Wave folks are saying we may need to retest 8,250 level in Bitcoin, so if that happens, we could see a sell off of just about everything to unknown levels in this coin, also.

With so much anticipation of the Binance approval, which is impossible to forecast, it's risky to be out of Credits, even to catch these intermediate pumps.

Given the limited supply of Credit$, we could see something unusual on Binance, when this finally arrives, perhaps not the mania seen with ByteCoin yesterday, which saw an unbelievable pump due to a glitch in transfers, but I'm guessing by comparison to similar listings, upwards of 300%.

YES!

A very bullish Ascending Triangle Chart Pattern has formed on Credit$, on virtually every time frame.  I prefer the 4 hour chart, but I'm guessing we could see another .10 cent bounce anytime between a few hours up to a week.  This pattern is textbook in nature.  

If you don't know what I mean by this term, just Google "ascending triangle chart pattern," and then pull up a 4 hour chart on Credits - https://stokz.com/cryptocurrency/credits-cs/chart

Essentially, what an ascending triangle shows, is a price that keeps bouncing off of upper resistance; in this case at about 0.75 cents, all the while achieving higher and higher lows. It also means that eventually, the bears or sellers will give up, and the bulls will take over on the price, moving it above the resistance level.  

We used to see 0.5 cent bounces, but with the return of the bull market, here lately, the moves have been stronger to the upside, and these have been more in the 0.10 cent range.

<Disclaimer>  This is not financial advice, and I'm not your financial adviser.

Thank you.

It all depends upon the quality of the prototype they are working on.  If it's as innovative as the team suggests, then the sky is the limit, because they will smash the competition.

We're hearing more and more negative news about blockchain scalability, in favor of Hashgraph. So you have to wonder if first to market will be enough to stop what appears to be a better model.

Hashgraph looks like a DNA molecule, in terms of it's architecture, but it's not open source, so there may be problems with widespread adoption, and there could be hidden issues or flaws.

What  Credit$ has going for it, more than anything else right now, is the myth of the name. "Credit$" is the name of the digital currency of the future in both the original Star Trek, and the Star Wars franchises.  That's enormously powerful, because the power of a myth can drive the underlying luck of both the team, and their devices. It's the spiritual equivalent of faith.

The world needs Credit$, but can they deliver what the world needs? There's no way to forecast a market cap, until we see how well the Alpha performs.

So a myth can win, against all odds and adversity, but will it win?  I suspect that it has an above average chance, because I think the millions of Star Wars and and Star Treks fans will want the digital currency of their future to be named "Credit$."

What I would advise, if I were a team member, is to look at Hashgraph, as a possible means to an end, because I suspect what they are looking for, will NEED to look and perform much like a DNA molecule.

Within only hours of this post yesterday, we saw a 22% bounce overnight.  I can't believe I didn't get any "Merit" for my great trading call.  <sigh>

Maybe there really just a bunch of bots here, trading curses at one another.

The most recent run we saw in Bitcoin and Ethereum a couple of weeks ago, saw Credit$ lagging behind, until we reached the intermediate top, generally; at which point we saw a nice gain of about 12%, roughly half of which has been sustained, since, which is encouraging.

I'm expecting to see the same pattern again, which means that within a day or so, Credit$ will pop as part of the top 200. Usually the top 100 pops first, then the second tier is eyed as cheap.  So don't think this is a bad sign, what you're seeing, it's more about the current placement on the CoinMarketCap board. So if you've captured a pop in the top 100, here's your chance to get a second run.