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Author Topic: [ANN][CRB] Creditbit - ERC20 token  (Read 346790 times)
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BitcoinExpert
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May 17, 2016, 12:13:38 PM
 #661

Article from CoinTelegraph about Creditbit

http://cointelegraph.com/news/beyond-bitcoin-how-stable-are-alternative-cryptocurrencies
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May 17, 2016, 03:14:49 PM
 #662

Excellent article!
Jerry S
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May 17, 2016, 04:28:20 PM
 #663

great article, lets hope for more creditbit adoption

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danandanderson
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May 17, 2016, 06:58:33 PM
 #664

Do we have the richlist problem solved yet?
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May 17, 2016, 07:03:22 PM
 #665

Do we have the richlist problem solved yet?

not yet, still reindexing...
danandanderson
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May 17, 2016, 07:36:07 PM
 #666

Do we have the richlist problem solved yet?


I am sure you are most rich! 😜👍🏼

I only have pocket change...
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May 18, 2016, 03:47:11 AM
 #667

Looks like someone trying to sell out the whole orderbook on multiple exchanges. Wow. Hope you guys have your low buys in.
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May 18, 2016, 07:13:09 AM
 #668

Your argument is that this currency is 10X faster than BTC just because it has a block generated every minute? LOL
You are scammers
The faster currency is Vcash. The only one that really has zerotime transactions implemented (0.23 seconds), performs thousands of transactions per second more than all made with VISA around the world and the coins can be respendable in 1 second.
How much you paid for that matter in the media?

https://bitcointalk.org/index.php?topic=1441929.0

Creditbit is faster even from VCash.Read the white paper (https://v.cash/papers/vanillacoin.pdf) before you write false accusations.
 
Creditbit: 1 minute block target
VCash: Variable block time targeting 80-200 seconds (1.2-3.33 minutes).

And another big difference and very important:

Creditbit: 8% POS
VCash: 0.7% POS

So before you start calling some scammers, i advise you to do better research.

You can check here how often both coins find blocks:

https://creditsight.creditbit.org/
https://explorer.v.cash/

And everyone can compare them.

We only say and write the truth and everyone can check if it's true or not.If you don't like our coin, you can go to VCash thread.
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May 18, 2016, 07:23:49 AM
 #669

Your argument is that this currency is 10X faster than BTC just because it has a block generated every minute? LOL
You are scammers
The faster currency is Vcash. The only one that really has zerotime transactions implemented (0.23 seconds), performs thousands of transactions per second more than all made with VISA around the world and the coins can be respendable in 1 second.
How much you paid for that matter in the media?

https://bitcointalk.org/index.php?topic=1441929.0

About whom you are talking when you say "you are scammers" ? Dev team ? Creditbit Community ? Exchanges ? and BTW, yes technically, Creditbit is faster and cheaper than Bitcoin, no lies there.


BTW, the whole point of your post is advertising, so please take your Vcash trash advertising to another thread.  
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May 18, 2016, 09:56:37 AM
 #670

I never seemed to understand why some people want to insult entire communities or entire projects, without having the proper knowledge!
 Huh Huh Huh
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May 18, 2016, 10:39:23 AM
 #671

Respect for the dev team, quick and perfect justification.
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May 18, 2016, 11:28:41 AM
 #672

Can someone explain the utility of creditbit.

Thanks

BitcoinExpert
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May 18, 2016, 11:48:28 AM
 #673

Can someone explain the utility of creditbit.

Thanks

It's the same with the utility of bitcoin with some improvements
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May 18, 2016, 12:09:51 PM
 #674

So one could say that crbit is bitcoin 2.0 ?
The only thing missing is adoption..
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May 18, 2016, 12:18:55 PM
 #675

Can someone explain the utility of creditbit.

Thanks

I'm no expert, but its fast, regularly, deposited and confirmed, before I close email confirmation from exchanges.  That will help in adoption as almost instant transactions are what its going to take to be used by more people and business. Wallet is good and developers are active.

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May 18, 2016, 03:53:06 PM
 #676

Can someone explain the utility of creditbit.

Thanks

I'm no expert, but its fast, regularly, deposited and confirmed, before I close email confirmation from exchanges.  That will help in adoption as almost instant transactions are what its going to take to be used by more people and business. Wallet is good and developers are active.

CRBIT struggles with the same problem that all altcoins have. What do I use it for? Until someone comes up with a situation where you can only purchase something with CRBIT or CRBIT needs to be used, it will be difficult to spur adoption. As people really need to want to use it. Sure people can speculate on it, but speculation really is only good for pump and dump, and not real value.

For BTC originally this was done (unfortuantely) with drugs and Silk road. People could only purchase their drugs through silk road if they had BTC, so people had to get it. Thus adoption happened. Because of this being so successful people started asking what else can I buy with my BTC? Silk road was shut down, but a lot of people had it and it worked well enough, so its become what we have today.

What will be CRBIT's silk road? (it doesn't need to be drugs or anything like that) but what will be the service that makes people go, hey I have to get CRBIT to use this, so I will. The technological superiority is one thing, but its not enough to really drive people to use it.
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May 18, 2016, 04:14:46 PM
 #677

So you suggest pump and dump or creating its own ,,silk road,,?
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May 18, 2016, 04:30:02 PM
 #678

Can someone explain the utility of creditbit.

Thanks

I'm no expert, but its fast, regularly, deposited and confirmed, before I close email confirmation from exchanges.  That will help in adoption as almost instant transactions are what its going to take to be used by more people and business. Wallet is good and developers are active.

CRBIT struggles with the same problem that all altcoins have. What do I use it for? Until someone comes up with a situation where you can only purchase something with CRBIT or CRBIT needs to be used, it will be difficult to spur adoption. As people really need to want to use it. Sure people can speculate on it, but speculation really is only good for pump and dump, and not real value.

For BTC originally this was done (unfortuantely) with drugs and Silk road. People could only purchase their drugs through silk road if they had BTC, so people had to get it. Thus adoption happened. Because of this being so successful people started asking what else can I buy with my BTC? Silk road was shut down, but a lot of people had it and it worked well enough, so its become what we have today.

What will be CRBIT's silk road? (it doesn't need to be drugs or anything like that) but what will be the service that makes people go, hey I have to get CRBIT to use this, so I will. The technological superiority is one thing, but its not enough to really drive people to use it.

I second this post, Bitcoin has its network effect, Litecoin has "the oldest altcoin" crown (which is slowly losing its effect), Ethereum is a platform that acts as a decentralized computer, Dash/Monero are working on their anonymous features... and Creditbit also needs a purpose in order to get the mass adoption needed.

There are some altcoins out there that don't have 20% of the infrastructure that Creditbit has, yet they are more valued and more traded than Creditbit. This is one of the things that I never got about Crypto, John Maynard once said "The Market Can Remain Irrational Longer Than You Can Remain Solvent", and I see and experience this everyday, if the markets would rationally act to common sense and fundamentals, I would be a millionaire already.


What I am trying to say is that we are happily maintaining the Creditbit repos, but we can't meet all people's expectations, It is up to the community now, you are the value of Creditbit.
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May 18, 2016, 05:55:37 PM
 #679

So you suggest pump and dump or creating its own ,,silk road,,?

Absolutely not pump and dump
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May 18, 2016, 07:32:26 PM
 #680

So you suggest pump and dump or creating its own ,,silk road,,?

Absolutely not pump and dump

Agree with you, niche is to be found. That is the best option to go. Since crbit hasnt had crowdfunding or any other funding projects i bet they have very limited advertising founds. So they cant count on getting a certain % of people thru advertising campaings.
I thing they should look into sectors that have hard time getting credit card payments like online casinos, replica stores, etc. This kind of buissineses make huge reveneus and would be glad to have stable payment solution.
What has to be done is to make people ( buyers on this sort of websites) easily accses crbit coin, meaning that they only register on some website which would than store crbit for them and allow them to buy them directly with ther credit card on the same website. In a way similiar as to what paypal does.
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