Ah credits, the scam that keeps on giving.

A quick look at the team wallet already shows us that the team is quietly exit scamming:
https://etherscan.io/token/0x46b9ad944d1059450da1163511069c718f699d31?a=0x76eb62c98ad23baf1fb0b819cf0c5412dd57bcfa

See the txs out of the team wallet?
They all seem to be going to random wallets right?

well, not exactly:
https://etherscan.io/tx/0x8fb5dae4adda362db66f6af1d1d408a4c8d7d45e8c601c95801fba306f2b1ff1
https://etherscan.io/tx/0x66a3943e3edf58f360097fd24e233079c57da858ef2e95f44afe03d14972e3ff

these are 2 transactions that were done right after each other.

If you closely examine these accounts, you'll see that they both end up sending the tokens they have received to:
https://etherscan.io/token/0x46b9ad944d1059450da1163511069c718f699d31?a=0x022d5eae23955fb32c977a68556d11349fb6ae44

Now if you examine this address, you'll see that it is only transacting with the KuCoin2 cold wallet, and only in credits transactions:
https://etherscan.io/address/0x022d5eae23955fb32c977a68556d11349fb6ae44

Which means, that this is 1 users KuCoin CS deposit account. You know if you make a KuCoin account, and you can generate a specific CS wallet to send you tokens there.
This is probably the team's (or Igor's ) kucoin wallet.
Meaning, all of these different eth-addresses receiving various amounts of credits tokens, are sending the tokens to the same kucoin address afterwards and probably end up dumping the tokens there.


So if you ask this question in the credits chat 3 things might happen:
1) They'll say it's the developers that wants to be paid in credits and storing their tokens on kucoin, instead of their own wallets. Which doesn't make any sense. Salaries are paid at the end of the month, not at random times during the month. Furthermore, are all the developers using a joint KuCoin account? Lmao...
Furthermore, developers storing their tokens on a crappy exchange wallet, which are KNOWN to be hacked frequently.

2) They'll say it's bug bounty hunters selling or storing tokens. Which also doesnt make sense because the max reward is $3k, while some of the transactions are way higher, close to 5-6k$. Again, why are these bug bounty hunters immediately transferring their tokens to kucoin? And also are these bounty hunters also using a shared account? :').

3) They'll ban you, and delete any evidence of the questions you've asked.


I think they have run out of money and are no longer able to sustain the company.
Either they are trying to hold on for dear live, or they are quietly trying to exit scam by squeezing out the final few 100k$ out of the project by selling of max amount of team tokens before everyone wakes up.

Which would make sense why they are trying to hide these txs by doing 1-2 random wallet hops, before they end up at the same kucoin wallet, where they are beind dumped (just look at the price action the past month. Price took a nosedive after these txs started happening).

Craight wright: “i will reveal my identity as satoshi 1-1-2020”

Alex: “yes i believe you are satoshi. You are wise and expert in blockchain. You know how blockchains work. You made the #1 blockchain in the world called bitcoin. You started this whole thing”

Also craig: “CS IS A SCAM!”

Also alex: “YOU ARE A FUCKING MORON AND YOU HAVE NO IDEA HOW BLOCKCHAINS WORK”


HAHAHAHAHHAHA WHAT A MORON YOU ARE

LOL YOU LITerally said craig wright is the master mind of bitcoin and the bitcoin exporrt of the world.

And this guy called credits a scam

Hahahahahaahaha

Are we talking abour the same craight wtaight?
The one who called credits a SCAM?

He is the genius visionary behind bitcoin?

Let me get this straight: you actually believe Craig Loser Wright that he is the genius Satoshi, who created bitcoin?

WTF HAS BSV TO DO WITH ANYTHING HAHAHAHA

BSV IS THE EXACT OPPOSITE OF WHAT THE ARTICLE IS TRYING TO PROVE HAHAHAHHA

YOU LITERALLY DIDNT UNDERSTAND A WORD OF THE ARTICLE HAHAHHAAHAH


Makes sense though, you liking BSV, as it is the same centralised piece of shit as Credits

hahaha iit's so awesome this board.
I can literally feel your frustration because you can't ban or silence me here xD

Imagine if new investors join this forum to check if this is a good investment.
They will probably not be scared of my posts because they will label them FUD, but they will most definitely be scared by your ignorance and stupidity of your reasons for investing in this shit xD

https://hackernoon.com/sharding-centralizes-ethereum-by-selling-you-scaling-in-disguised-as-scaling-out-266c136fc55d

read this.
Then tell, me what is my favourite project?

If you don't understand this article, then I'm afraid you will be unable to comprehend this discussion.

Why arent you posting screenshot of your so-called trades?

Btw, in my answer I posted a link with a very detailed explanation about which blockchain is the best and why.
If you would have taken your time to read it, you would have known my answer to that question.
But i guess you got scared after 2 sentences, because it's full of technical jargon, which a simple mind like yours cant hope to process.

What a weak answer.

When are you going to post screenshots of your trades on kucoin and lbank?

You know, that question I raised 2 pages ago, because I KNOW you are lying?

What a weak answer.

Reminds me of that blond extreme right-wing politician who thinks that everything will be better once we get rid (either peacefully or forcefully) of a certain group of people who believe in something else.
Does suit your personality though. Banning everyone who even is a bit negative from the chat, so you get a nice and cozy place where only positive things are being shared.

Anyway, keep up the positive spirit and keep hodling bro!
Even though the price down 75% from when you banned me (triggering me to sell), you are still smarter and better blockchain investor than I am xD

I am curious though, which part of my answer do you believe to be an opinion?
Can you quote it?

Maybe I can teach you a few things about how blockchains work.

Here you go, in bold my response:

Burak, as promised I made a list of points which determine why I believe in CS. This is written at a point were no code or main net has been released:

- I do think that they have to correct approach by having offices and take blockchain out in the open with a team to help partners/dapps/the target group on implementing their systems on the CS blockchain
Every project has offices. Doesn't mean anything. Every project has partners and dapps running. Doesnt mean anything. It's still one in a dozen project

- I do think that visiting a lot of blockchain summits and other fairs regarding blockchain related services is a good thing that the team have been doing since ICO to draw attention for the usecase of CS and their product.
Every project visits blockchain summits lol. Even DETH, which worth like 700k$ lol, is visiting everything from events in Amsterdam to in Hawai. Must be nice to travel all over the world and spend that nice ICO $$$ on luxurieus life.

- I do think that having focus on development, instead of direct listings after ICO, is a good way of creating a blockchain like CS is trying to create. Tech first, listings at second/third/etc. place.
That's literally nonsense. Price + ranking on CMC has a direct impact on partner selection for dapps. Who would you coopoerate with, a random nobody-has-ever0heard-of credits, or something like EOS which is on #5, while both boasting incredible speeds.
Anyway, no listing = worhtless operational tokens = out of money = bankrupt.

- I do think that the team listens very carefully to what the market is demanding. The other products from CS, sub-chain/private-chain/DBMS, are an example of listening to the demands of their target group. These other products, besides the main chain, can help CS to become adopted faster compared to having only a main/public chain (https://creditsenterprise.com/)
Nobody has every requested side chains. A private chain further destroys the use case of CS token, as they will issue their own token on their own network.
Enterprise blockchains are a stupid idea, just use a standard database if you want to use it intenrally. Blockchains are meant for using between parties that doe not trust and do not know each other.
If you have trust issues within your enteprise, a blockchain implementation will hardly be a solution lol

- I do think that a product which can handle 50.000 TPS at release, and the possibility to reach 1 million TPS later on, is something which is much needed to welcome ‘old-economy-organisations’ to blockchain with their systems/software/databases.
there are projects claiming 50k+ tps atm than I can count. Might have been a USP 2 years ago, but because of the delay after delay, credits is no longer unique. Again, one in a dozen.

- I do think that the role of IBM Blockchain Labs, in person by Nitin as advisor, can help opening doors for CS which normally would be closed. Accepting Nitin as an advisor is something that’s a good thing in my opinion
Nitin is just being paid to tweet and mention credits sometimes in interviews. He is hardly even involved in the project, other than visiting the office 1 time for 30 minutes lol.

- I do think that using IBM cloud solutions for running nodes is a good thing. American/European countries are very negative regarding Russia and or Russian companies. Letting IBM cloud processing the node-data is a very good step in taking away any fear regarding the Russian roots of this project.
Thats not how a blockchain works. Everyone should be able to run a node.
https://hackernoon.com/sharding-centralizes-ethereum-by-selling-you-scaling-in-disguised-as-scaling-out-266c136fc55d

Read this, you might learn something.

Again, this is a BAD things that IBM nodes are being used, not a good thing. it just means that the network cannot be run on regular computers = CENTRALISED

- I do think that CS have done a great job in communicating what their chain can do and which use cases are suitable for the CS chain
I do hope you are being sarcastic here. They haven't communicated anything, except for some high level general use cases.
Every project does this. Again, one in a dozen. Nothing special.

- I do think that staking CS in order to run a node (in consensus) is very important to keep a certain safety for the network
Sure it does. It also creates a centralisation aspect, as now you need $$ to run a node.
Also CS can change stakingamount at any time, basically blocking everyone from being a consensus node.

- Last but not least; I do think that the consensus algorithm is a solid algorithm which helps this chain to scale for wide adoption
You have NO idea how the consensus algoritm works.
In fact, NO ONE knows how it works.
It's CLOSED SOURCE.
Do you know what that menas?
It means, that until they OPEN SOURCE you have no idea what you have bought.

Just imagine you think you have bought a Lambo, but when you open the hood you see a toyota aygo engine xD


Hope it's clear for you know why this is (currently) a worthless investment.
There are far better alternatives on the market than this closed source, centralised, poorly managed crap.

All you have that is something out of the ordinary are IBM tweets about credits, but if you read them carefully, each one of them ends with an AD FOR IBM.

hey Art idiot,

can you please educate us idiots why credits is such as great investment?
You are only allowed to use facts, so no speculation and no lies.

I'm, and everyone else, is very curious.

Just make a short list for us to see why you think credits is so great.
I will try to give my objective opinion on it by also replying with facts on your arguments.

Deal?
Or will you run away from a factual discussion, because all facts disprove credits?

HOW ARE YOU SUCH A RETARDED IDIOT!

Man man man, wat heb je gestudeerd lagere sukkelsschool?
Daar ben je zeker ook vanaf getrapt gezien je IQ en logisch redenatievermogen

I just enjoy laughing in your face.
Remember when you banned me you said I would be sorry for being so negative and selling out 'cheaply' at $0.40

HAHAHAHAHAHAHAHAHAAHHAAHHAHAHAHAHHA

Please post screenshots of your trades on kucoin and lbank.
We dont need to see addresses or amounts.

Just the timestamps.

Or are you also lying out of your asshole just like your scam team?


-20% on 'mainnet release'. How can people still believe this token is going to be anything else than a big pile of shit? xD