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

[commenkiz]

the site is up . but CRDNC wallet is on Maintenance

[NGOALONG]

fudders win in mercatox exchange they totally win it

You need to stop reading the troll box, do you notice how many people are there fudding Credence?

Believe it or not you can hire people to do that and that is what we think an entity has done even though ultimately they are failing miserably they have the occasional win like the last few hours where the price dropped but has since recovered somewhat.

The same as we announced a few weeks ago that a group had been paid to Spam our Twitter, we were receiving hundreds of phishing link messages every day then obviously the contract ran out and all of a sudden those messages stopped and our Twitter following dropped from 2,800 to 2,200 over-night, this happened about 3 days ago.    We were going to mention it but saw no point in doing so.    When these 600 followers disappeared it coincided with the Spam messages stopping.  So contract over they stop spamming. 


We are not sitting around with tin foil hats on talking about conspiracy theories but we are well aware that our product while not a HYIP site, it is stable, has a strong supporter base and we have set it up to be sustainable for the long term. 

The fact that we even reached $5 before even having a live website speaks volumes for the support this project has. 

And the number of accounts created both on this forum and more so on Mercatox to FUD Credence just makes us laugh, it tells us someone is afraid of what our platform will do. You do not need to pay someone to try and scare buyers of a coin unless you feel threatened by it.     

Unfortunately some people fall for the lies and FUD spread by these people and panic sell and that is what you have seen happen in the last few hours and at the time of typing this it has caught up to be just under $3 again.

Now you have people who have been posting in this thread since the beginning fudding the very coin they are invested in because they either failed to read the White-paper which has had our lending terms on it since the beginning of the ICO or they are just caught up in the general panic.

We are very close to releasing the website as you would know from the updates, we will see where the price sits then and until then we ask that you keep the following in mind -

1.  As mentioned we do not have a live website and the current price is still just under 4 times higher than the highest ICO price.
2.  We have released the coin for people to trade and do as they please with it not locking them into the site, if people want to sell CRDNC it is their prerogative that is why we are on markets it is your coin to do with as you please.
3.  If you believe the FUD then that is also your choice but you should stop for a moment and ask why so many people are trying to FUD this coin? 
4.  We are still the highest traded coin on Mercatox with over 50 BTC in volume. 
5.  The lending program is profitable, you just need to do the maths but if you did not read the white paper and think an extra 79 days is the end of the World when it comes to lending then by all means sell up now, the strong hands will buy up the weak ones. 
6.  We are confident the price will increase dramatically once the site is live, of course we cannot promise that but we believe this will be the case.
7.  We will be around long after many of the new HYIP sites without a coin or Blockchain currently being released will be, that much we can guarantee!
8.  We have a strong community that will help grow the coin and when people realize that stability and lower yield returns vs high risk quick returns is a better and safer way to invest we think more and more people will be attracted to the CRDNC community. 
9.  Of the top 19 holders from the BE we took a screen shot on the 20th and only one large holder has dumped all of their coins, which is probably why the drop earlier so out of the top 19 CRDNC holders only 1 has folded their hand, the rest are still in it for the long haul!
10.  Regardless of where we sit on the markets, we are still going full steam ahead and we look forward to being live and returning some great dividends for those who keep the faith.


Thanks.
Credence Coin.

Absolute trust in dev,
We are looking forward to the site up, and credence will pass hextracoin, bitconnect, dev is great. You gave us the certainty. organic growth, we are very confident in the long term development of credence, i love you

[9to5crypto]

1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

[digitaldanny]

is cryptopia an option for credence? i have had good experiences on there, some support tickets do get resolved after some time but they do get resolved.

If you like to play tag & FUD expect to get banned for 1 month or indefinitely then go right ahead, Personally I stay well away from that shithole due to Hex

Also note most if not all currencies there have been upped to 200+ confirmations required before being credited !

hmmm.. i only noticed a few coins take 200+ confirmations, what do you mean by "Hex", the site has worked well for me so far, but even https://coinsmarkets.com is a viable option for credence at this point compared to what has happened with mercatox.

coinsmarkets is very easy to get on, but dev would need to request credence to be added.

[SimonJones]

1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

When you reinvest small amounts, you don't get the bonus. And most people will not reinvest as it's too risky. Lending sites may go away anytime - not BTC. So it will be 30% to 40$ per month which BTC beats if not compounded.

Unless Credence increases the interest rate, it will never be able to compete with the 90+ lending sites.

[Enticed87]

is cryptopia an option for credence? i have had good experiences on there, some support tickets do get resolved after some time but they do get resolved.

If you like to play tag & FUD expect to get banned for 1 month or indefinitely then go right ahead, Personally I stay well away from that shithole due to Hex

Also note most if not all currencies there have been upped to 200+ confirmations required before being credited !

hmmm.. i only noticed a few coins take 200+ confirmations, what do you mean by "Hex", the site has worked well for me so far, but even https://coinsmarkets.com is a viable option for credence at this point compared to what has happened with mercatox.

coinsmarkets is very easy to get on. in fact i think anyone can request a coin to be added.

Hex is the obnoxious, power hungry, part Cryptopia owner.

https://coinsmarkets.com ...... you mean the place where they trade coins in the ninth digit after the decimal... yeah no thanks + look no total site volume !

I recall coinsmarket asking me for a precompiled linux wallet for a coin I requested once.... if you can't compile from source yourself then there is something wrong

[ghostwalker.ph]

the trolls are back. fudding credence coin so that they could buy credence for cheap. a little longer wait and the website will be fully functional. hodl people, we're going to the moon!

[jameson44]

1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

Your math is way off..

$10,010 x .013 = $130.13 per day.

Multiply that by 365 = $47,497.45

Of course if you re-invest daily that amount will be much more, but nowhere close to what you stated.. That said I'm fine with the "low" interest payments if it gives the platform long-term sustainability.

[kenmasters34]

1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

Your math is way off..

$10,010 x .013 = $130.13 per day.

Multiply that by 365 = $47,497.45

Of course if you re-invest daily that amount will be much more, but nowhere close to what you stated.. That said I'm fine with the "low" interest payments if it gives the platform long-term sustainability.

The person does have a point about BTC.  It was less than $740 USD a year ago.  Now its at 10K.  I doubt it can sustain that type of growth(but who knows).

IMO 1.3% is fine, however combined with the longer loan times, it is a problem.

[digitaldanny]

1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.

LMAO no it is NOT too low, and BTC does not even come close to that return. A $10,010 loan at 1.3% daily (1%+.3% bonus) would be worth $549,880 in 1 year. That is almost a 55x gain in a year BTC doesn't match that.

When you reinvest small amounts, you don't get the bonus. And most people will not reinvest as it's too risky. Lending sites may go away anytime - not BTC. So it will be 30% to 40$ per month which BTC beats if not compounded.

Unless Credence increases the interest rate, it will never be able to compete with the 90+ lending sites.

BTC is not invincible and has its own risks... have you heard of the bitcoin death spiral? take a look: https://qz.com/1127817/bitcoin-cash-bch-price-could-lead-to-bitcoin-death-spiral/

[Belligerent Fool]

It is called mainsteam adoption with BTC, we are cracking some coconuts !

[cryptosteemman]

yea if you reinvest starting with 10,000 and compound you will have 374,230 dollars in active investment at the end of the year. If you do not reinvest you will make like 36,500 for 365 days.

[Chrmel612]

Are there people still having a hard time withdrawing their coin in Mercatox? I withdrew mine yesterday and i receive my coin just in time. Maybe there are some problems or maintenance on their end that is why withdrawal and deposits are not available. You better contact their support instead of being hallucinated if they locked out your account or what.

[jameson44]

Are there people still having a hard time withdrawing their coin in Mercatox? I withdrew mine yesterday and i receive my coin just in time. Maybe there are some problems or maintenance on their end that is why withdrawal and deposits are not available. You better contact their support instead of being hallucinated if they locked out your account or what.

It seems the issue has been resolved. I withdrew some CRDNC about 10 minutes ago and it hit my wallet instantly. (after email confirmation)

[cryptojai]

Which exchange is coming next ?

[ebatcave]

Which exchange is coming next ?

The internal exchange is coming next.

[didi-man]

Calculation Results
Your results are based on... $10,000.00 investment starting on 11/28/2017 for 365 Days at 1.3% interest paid per day calculated every day and compounded with 100% of your profit being reinvested and 0% withdrawn thus resulting in an accumulated profit total of $1,105,444.66.


You have an option to buy 1 BTC fo $10k now  and wait 1 year and see if you gonna beat 1.1mil

[Chrmel612]

Calculation Results
Your results are based on... $10,000.00 investment starting on 11/28/2017 for 365 Days at 1.3% interest paid per day calculated every day and compounded with 100% of your profit being reinvested and 0% withdrawn thus resulting in an accumulated profit total of $1,105,444.66.


You have an option to buy 1 BTC fo $10k now  and wait 1 year and see if you gonna beat 1.1mil

To be exact, It will generate you a total amount of  $1,115,443.45 compounded everyday at 1.3%, for the duration of 365 days. Seems good. By that time, the price of Credence coin is over 400-500 USD.

[didi-man]

Calculation Results
Your results are based on... $10,000.00 investment starting on 11/28/2017 for 365 Days at 1.3% interest paid per day calculated every day and compounded with 100% of your profit being reinvested and 0% withdrawn thus resulting in an accumulated profit total of $1,105,444.66.


You have an option to buy 1 BTC fo $10k now  and wait 1 year and see if you gonna beat 1.1mil

To be exact, It will generate you a total amount of  $1,115,443.45 compounded everyday at 1.3%, for the duration of 365 days. Seems good. By that time, the price of Credence coin is over 400-500 USD.

Now this is getting scary


Calculation Results
Your results are based on... $50,000.00 investment starting on 11/28/2017 for 1001 Days at 1.3% interest paid per day calculated every day and compounded with 100% of your profit being reinvested and 0% withdrawn thus resulting in an accumulated profit total of $20,607,431,095.27.


How do you read that number? 

If they last 3 years we will all be driving lambos

[NGOALONG]

Calculation Results
Your results are based on... $10,000.00 investment starting on 11/28/2017 for 365 Days at 1.3% interest paid per day calculated every day and compounded with 100% of your profit being reinvested and 0% withdrawn thus resulting in an accumulated profit total of $1,105,444.66.


You have an option to buy 1 BTC fo $10k now  and wait 1 year and see if you gonna beat 1.1mil

To be exact, It will generate you a total amount of  $1,115,443.45 compounded everyday at 1.3%, for the duration of 365 days. Seems good. By that time, the price of Credence coin is over 400-500 USD.

Now this is getting scary


Calculation Results
Your results are based on... $50,000.00 investment starting on 11/28/2017 for 1001 Days at 1.3% interest paid per day calculated every day and compounded with 100% of your profit being reinvested and 0% withdrawn thus resulting in an accumulated profit total of $20,607,431,095.27.


How do you read that number? 

If they last 3 years we will all be driving lambos

wow , great