[ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining

[didi-man]

I m placing buy order @45c, great opportunity to become a whale


Dont like that exchange, you cant see amount in $, chances are price of btc goes up and you end up buying it at higher price then you wanted


Volume on Mercatox is crap, 2 btc would cleand out whole order book



Will credence site have internal exchange?
What are the best exchanges credence can be listed on

 

[greatk]

The price should pick up gradually when the platform/website goes live. When the lending/referer program starts there should be an increase demand

[9to5crypto]

The lending program will be a little bit harder than many think here I believe. It is not easy to develop a blockchain based efficient lending system.

That is true, although the Blockchain side of things is the easy part, that is just the ledger for transactions, the hard part is having the code written for each users individual actions, potential actions and payouts, it is not as simple as some would think.  
That is why we will not release until we are 100% sure the system is working and running smoothly.

Just to add some other facts.

1.   We are not dumping nor have we put 1 single CRDNC onto exchange, we will not do anything to harm the price or increase circulation.
2.   Anyone in the troll boxes claiming to be us is not us, we do not post there at all, nor will we.
3.   We are not concerned about the price, would we like to see it higher of course, but what the market does is beyond our control, we are more focused on ensuring the finished product is stable and working.
4.   Many have asked us to release referrals to promote the coin, we appreciate you wanting to do this but we cannot release referral links until the main site is live for obvious reasons.
5.   There was always going to be some big dumpers, people do that in ICO's they buy at xx price and as soon as they can double their money, they get out, that is their choice.
6.   We think we are sitting at a strange equilibrium at the moment, we have what we think is a very good name with our supporters, yet we know we are not mainstream while other similar new coins are getting a bad name but are mainstream, so where we sit at the moment is okay with us and although it might affect price and volume, we think that steady organic growth supported by a functional platform release will prevail in the end. Being under the radar is not such a bad thing, we would rather be not popular because of our good standing than popular for all the wrong reasons.

To all of our supporters and holders of Credence a big thank you!

MERCATOX |universal trading platform
                        ▀ e-currency and cryptocurrency EXCHANGE ▀

I will post my personal opinion, don't even read it if you don't want
In my personal point of view:
After you will release the website with the lending platform, you could have a hard time in the upcoming months because of the bad reputation that the other lending platforms are having now...Also Bitconnect, the "God of lending platforms" cut the referals, twice in a couple of months....Not a good sign, but necessary to keep the platform going....Not to speak for the other trash coins like regAnal and it's bullsht friends..
What i would suggest would be:
-Actually you guarantee that 1%.Don't....Leave an opening ,because the market goes up(faster than the effect of viagra") and even faster down(downer than the penis of a 90 year old man)......Not guarantee that 1% give way much room for the sistem to be sustainable...
-The referal system should be absolutely with the feet on the ground....Those platinium stuff should not be there....Or only offer them for a short period of time....Referrals damage the platform too much in the long run....They gather fast clients, but are very hard to keep up in the long run....Offer them just for short periods if you need.
This are simple math stuff, and even the universe bends to the math...
That super referrals must be cut in half or even more.....If you just want to gather fast money and run for 4-5 months and then leave, than those referals are good ....
If a platform is strong and healthy , people will come to you even if you offer 0.5% a day or less....but they know that their money will be safe for a long time..
Now i know that some people do more than 10% a day with just trading(i have done too, there has been days were i have done even 10 times my money). You say that you are traders.Ok good. But there is a big difference when you invest 50k dollars, and when you try to invest 10millions or more ......trust me ,That is a complete difference story.....Also the trading bots , might not be magical, but for sure will help with the investing, if you buy good ones.......
There are a lot of unpredictable things that can happen. When btc-e went down months ago, 2 lending platforms went down cause their money was blocked there....so
Just my opinion 

Thanks for the good posts you have been doing MaxiCripto... it is nice to see people posting in here that have more than half a brain. I agree with you on the referrals not liking the platinum system... this is the one thing I do not like about this platform. Your super recruiters just get their commissions and cash them out pulling them all off the platform making it weaker. But it is basically only 4% so DEV probably knows what they are doing with this.

I have not seen 1 person in here mention that the referral system works differently than all the other lending platforms. I love how they have it set up! To only pay 0.1% after your 6th referral. All the other platforms pay the recruiter 7% or so for every single person they bring in and then they tier it down where they earn commission off their downlines recruits also. Credence is completely different... only the direct recruiter gets a commission and it goes lower each time you recruit someone until it hits 0.1%. So MaxiCripto the referral system does have its feet on the ground.

[credencecoin]

I have not seen 1 person in here mention that the referral system works differently than all the other lending platforms. I love how they have it set up! To only pay 0.1% after your 6th referral. All the other platforms pay the recruiter 7% or so for every single person they bring in and then they tier it down where they earn commission off their downlines recruits also. Credence is completely different... only the direct recruiter gets a commission and it goes lower each time you recruit someone until it hits 0.1%. So MaxiCripto the referral system does have its feet on the ground.

Hi 9to5, yes you are we think the first person to mention it, it is all a part of our plan for Credence to remain stable, for the long term.  And yes it is one of the features of the coin, it means you still get paid for every referral, but it does not compound down to your referrers referrals, we think that builds too much of a bubble.  

To be honest we probably should have promoted that part of the white paper more than we did, however it also explains why there are not thousands of Youtubers jumping all over Credence, yes you can make money from referrals, but not unrealistic returns, even Bitconnect has recently changed their referral program because they have had a look and see it as not being sustainable long term, that is why we believe ours is, you will still make money from lending, you will still make money from referrals, and you will still make money from staking at 20%.

And that is also another reason why we are able to offer the Platinum Rewards for certain You-tubers.

You should also note that there may at anyone time be either 0 or 3/5 but never more than 10 Platinum referrers, so it will not affect the coin in a negative way, we will only offer that where we can see that by doing so, the coin will gain value from it, if not, it won't happen.  

So amongst the last few pages of negativity from some posters, thank you for pointing out and highlighting a very important feature about Credence that we believe gives it value and sustainability over the long term.

In hind-site I guess we never mentioned it or spoke of it here, because no one asked and we presumed everyone was aware of it via the white-paper.    

MERCATOX |universal trading platform
                        ▀ e-currency and cryptocurrency EXCHANGE ▀

[Tolullopsy]

First impression really matters, it sucks seeing a coin i bought @ ico going below the ico price. So why didn't i wait till now before buying? Why did i chose to be an early adopter? The dev needs to get serious now and know that he shouldn't fail the investors. The investors believe in the project that was why they bought into it. An ico was conducted and money was made in the ico, so there is no excuse for snail- like movement, you need to hit the ground running and nt make investors regret buying into your ico

Can't just believe this, some projects without ico are even doing better than this. The dev shouldn't behave like as if he owes the investors nothing, How would the developer be watching before his own very eyes and his coin getting dumped, making investors to lose money, without any strategy in place to combat this kind of situation. This is complacency on the part of the dev. He has failed the investors big time

[MurrayRothbard77]

First impression really matters, it sucks seeing a coin i bought @ ico going below the ico price. So why didn't i wait till now before buying? Why did i chose to be an early adopter? The dev needs to get serious now and know that he shouldn't fail the investors. The investors believe in the project that was why they bought into it. An ico was conducted and money was made in the ico, so there is no excuse for snail- like movement, you need to hit the ground running and nt make investors regret buying into your ico

Can't just believe this, some projects without ico are even doing better than this. The dev shouldn't behave like as if he owes the investors nothing, How would the developer be watching before his own very eyes and his coin getting dumped, making investors to lose money, without any strategy in place to combat this kind of situation. This is complacency on the part of the dev. He has failed the investors big time

You clearly have no idea what you are talking about. The ICO round one price was 25 cents and its higher than that. The CRDNC team has had amazing customer service and kept their word for eveyrthing they said they were going to do. What other bitconnect clone can say that? Once the site is live the price is most likely going much much higher.

[coinsraider]

I invested because I saw how Credence handled themselves differently comparing to their competitors in a number of ways when they started. From Oct 14 until today, IMHO they are still doing what they said they will be doing, while others felt that they under-delivered (mainly because of the coin price at the exchange), but i certainly saw progress and still seeing it. Although I admit I would ecstatic if the coin is at $10 now!

I am still happily staking and optimistic on future announcements from the team. And for those who can't take the heat, at least give the team some credits for allowing you to dump your load (currently still around BE price) at the exchange and move onto something else.

[didi-man]

What will be criteria for selecting Platinum Youtubers? WHAT minimum number of  subscribers you looking at?

[2bfree]

What exchange are you on and what's the roadmap?

[9to5crypto]

What exchange are you on and what's the roadmap?

Roadmap can be found on in the whitepaper, link is on first post of this thread. Lending platform is supposed to be up November/December according to whitepaper.

[cryptojai]

Any exchange yet ?

[ebatcave]

Any exchange yet ?

https://mercatox.com/exchange/CRDNC/BTC

[Tolullopsy]

First impression really matters, it sucks seeing a coin i bought @ ico going below the ico price. So why didn't i wait till now before buying? Why did i chose to be an early adopter? The dev needs to get serious now and know that he shouldn't fail the investors. The investors believe in the project that was why they bought into it. An ico was conducted and money was made in the ico, so there is no excuse for snail- like movement, you need to hit the ground running and nt make investors regret buying into your ico

Can't just believe this, some projects without ico are even doing better than this. The dev shouldn't behave like as if he owes the investors nothing, How would the developer be watching before his own very eyes and his coin getting dumped, making investors to lose money, without any strategy in place to combat this kind of situation. This is complacency on the part of the dev. He has failed the investors big time

I hope your joking, if not take all your money out of crypto and stick it in a chase cd for 1% a year. You don't belong in this space, go to your safe place!

Are you part of the project team? You are taking things personal

[Tolullopsy]

Who is using the android wallet?

[credencecoin]

To answer some questions.

And insults.   

1.  We are currently on Mercatox Exchange.
2.  We have paid for a listing at www.coinexchange.io and hope to be listed there soon.
3.  We are not looking at who will or will not be a Platinum referrer, that is not on our radar at the moment, the priority is having the main site live, secure and functional.
4.  We have applied for listings on https://coinmarketcap.com/ and https://www.worldcoinindex.com/ as we currently have enough daily volume.
5.  We understand some people are frustrated with the price of the coin and expected more, as we have said many times we have no control on what the markets do, we do however think we will start gaining some momentum soon as we progress further. 
6.  As per our road-map and white paper, we are on track.
7.  For everyone who is not happy and wants to sell, there seems to be plenty of buyers out there and the price is currently above the highest ICO sale price, so you always have that option to take your profits now if you are disgruntled.


Finally, we are not trying to seem arrogant or uncaring, we do care what our supporter base thinks and we are doing everything we have said we would do, and have kept to our time-line and road-map and we also acknowledge that some people here  obviously thought CRDNC would shoot up to $5 over-night.  We never expected that, nor did we promise it or allude to it, so if you set your expectations too high and now feel let down, we ask that you understand, again, we have no control on what the market does or does not do. 

Everyone is entitled to their opinion of course, but we are not going to be changing anything because a few people in the forums are not happy or think something should be done differently.   We are doing everything we can to ensure Credence Coin will be successful and we still believe it will be, very much so.

So once again thank you to all for supporting Credence Coin, we will rise, and when we do, you will be happy you hung in there.   

MERCATOX |universal trading platform
                        ▀ e-currency and cryptocurrency EXCHANGE ▀

[MurrayRothbard77]

CRDNC already 5th highest volume on MERCATOX. High price today was $15 USD!!!!                      

[didi-man]

CRDNC already 5th highest volume on MERCATOX. High price today was $15 USD!!!!                      

CRDNC sold for $15!!

How many coins

[duongtien86vn]

Hmm that's a really strange approach towards publicity in the current situation, especially taking the tons of ICO-scams into account Undecided
I hope, your project will succeed, but I personally won't invest in it.

I like it and want success with your project.

I will inverting.

[MurrayRothbard77]

CRDNC already 5th highest volume on MERCATOX. High price today was $15 USD!!!!                      

CRDNC sold for $15!!

How many coins

I'm not sure because the order book doesnt go back very far, but you can see the high was 0.002 BTC (it started trading at that price intially upon first listing, and then hit again today!!!)

[crynxc]

This coin has potential. Lets just wait for couple months.