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Author Topic: CREDITS ICO - A WELL ORGANIZED SCAM - REVIEW/RESEARCH  (Read 638 times)
sebastian787 (OP)
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March 23, 2018, 09:00:01 PM
 #1

Potential investors, CS fans and newcomers:
Give 20 minutes from your time researching about credits before you invest your money on this project.
This is a well-organized scam.
Dont trust their supporters here as some of them are bots and some are early birds who are seeing their x6 profit decreasing and they are panicked.
Give some time getting knowledge for your investment.

Ivan on tech
https://www.youtube.com/watch?v=FPKbbrt4P0s&t

1st research
https://steemit.com/cryptocurrency/@terminate1/people-deserve-to-know-the-facts-behind-credits-ico

http://textuploader.com/dxu2c

2nd research
https://medium.com/@suchi.blackwing/cryptocurrency-code-review-credits-f6c42c3f6f80

Specifically about their new video release
https://np.reddit.com/r/credits/comments/85btx8/commentary_of_credits_second_alpha_test_post/

An example that ethereum can achieve 1.5+ mln TPS on similar pointless conditions.
https://medium.com/@suchi.blackwing/cryptocurrency-scaling-ethereum-to-1-5-million-tps-cd10f5e3f7cc

Fake and scam partnerships
AITERNIS - scam
Cryptogaule.fr - contains a virus be careful when you visit this site
messengerbank
https://np.reddit.com/r/credits/comments/85rd9g/fake_and_scam_partnerships_the_cringe_with_this/

You can also watch their scam ico promoter Suppoman as he made few videos of them that created a hype.
Watch this clown and then you judge yourself which one you think brings value on the crypto industry.

https://www.youtube.com/watch?v=-62JOnpJutI&t=

here you can see his full exposure
https://www.youtube.com/watch?v=c_Ex2dp9MtA&feature=youtu.be&t=852

https://www.reddit.com/r/CryptoCurrency/comments/85ao9f/suppoman_advised_his_followers_to_get_into_the/

here you can see their bots and fake accounts working.

I researched a bit more. The CEO has a website credits.ru since 2011 and had 11 odd devs earlier. They would have tried to acquire credits.com earlier. Clearly they are not fly by night. Only question is whether they achieved 1mn TPS

I researched a bit more. The CEO has a website credits.ru since 2011 and had 11 odd devs earlier. They would have tried to acquire credits.com earlier. Clearly they are not fly by night. Only question is whether they achieved 1mn TPS

I prefer to support this project instead of listening to those fudster, it's my money and my time anyway I have seen the interview and check the team composition and I believe they will not ruin their reputation with this accusations let's see how it goes when they launch their platform.

For now I prefer to support this project instead of listening to those fudster too, it's my money and my time anyway I have seen the interview and check the team composition and I believe they will not ruin their reputation with this accusations let's see how it goes when they launch their platform. And I believe in that proj and keep these coins and I think after some time everything will be fine and the coin will grow. [/u]
For now I prefer to support this project instead of listening to those fudster too, it's my money and my time anyway I have seen the interview and check the team composition and I believe they will not ruin their reputation with this accusations let's see how it goes when they launch their platform. And I believe in that proj and keep these coins and I think after some time everything will be fine and the coin will grow.
Check previous pages too so you can get a conclusion about how their "professional" marketerS work creating a hype every time.

The only thing they have is a pdf they created which they called it whitepaper and a video that shows transactions between 2 nodes running on same computer with zero network latency due to hyper-v.

Be cautious guys.


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sebastian787 (OP)
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March 23, 2018, 09:00:31 PM
 #2

Here you can check an example of how they create the fake accounts with many posts and activity.
Plus the bots that they are working all day long around the forum for creating posts and activity so
newcomers will think that these accounts are legit and unique.
Because of this activity newcomers will think that their comments are standing and are from experienced members.
So watch out this kind of accounts as are all artificial created for commenting all over the forum
creating a hype every day with stupid updates and creating "experienced" accounts.

https://bitcointalk.org/index.php?topic=2273672.440











We need to mention here that in this thread the representative is ICOCloud.
Watch out the rest accounts and their activity.
JennyH
Mike Sh
Falleot
cprman

So now you can imagine what happens on the rest of the forum on thousand of topics on different sections.
Any account praising these scammers can be or a fake account created by them or just greedy investors that are afraid about their investment and they keep supporting these scammers no matter what so newcomers can invest more money and increase the price.

sebastian787 (OP)
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March 24, 2018, 02:59:31 PM
 #3

here you can check what they are sharing on telegram to create a hype and to convince newcomers to invest.
That’s a scams method and not how legit companies work.

sebastian787 (OP)
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March 31, 2018, 03:56:23 PM
 #4

Review updated.

https://medium.com/@suchi.blackwing/cryptocurrency-code-review-credits-cs-beta-29-03-2019-5ffce7313a38
sebastian787 (OP)
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April 06, 2018, 03:56:55 PM
Last edit: April 11, 2018, 10:30:55 AM by sebastian787
 #5

For the above research credits to:
https://steemit.com/@terminate1
http://textuploader.com/dxu2c
https://medium.com/@suchi.blackwing
https://np.reddit.com/user/Sf648
https://np.reddit.com/user/filac7
https://www.reddit.com/user/DestroyerOfShitcoins
https://np.reddit.com/user/GainsLean

for presenting the facts on the forum special thanks to:
therat
BillionDollarMan
SuWide
Zylon
shewasfourteen
sebastian787 (OP)
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April 11, 2018, 02:29:22 PM
 #6

Here you can check some of the fake accounts and bots, paid shillers and scam supporters.
https://bitcointalk.org/index.php?topic=3300416.0
sebastian787 (OP)
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April 13, 2018, 08:49:49 AM
 #7

Its time we take action on fake accounts and bots that have been created to promote scammers, on paid shillers and greedy investors, that are willing to support scammers for their personal gain no matter if others get scammed. Its time for them to be judged for their value as they are destroying this industry and they have also a huge responsibility on people that get scammed and loosing their funds.
They are destroying this industry by creating fake hypes with uselles updates and articles, price predictions, manipulating people and contents, creating fake accounts to support or defend their statements, presenting false achievements and replying  on every common sense critic that is made by presenting facts, that he is a paid FUDer.
They are trying really hard to convince newcomers to invest on the ico they support by fake hypes every day so the price will increace and make their profit.
Some of the accounts here are bounty hunters that they dont even care if you get scammed so you should reconsider if you are going to value their future comments and opinion.

Here we need to state that any potential investor and newcomer on the crypto industry is responsible too by not getting enough knowledge or doing a research before he invests his money, but the solution to this problem is the rest of us we present facts and value and not by trying to scam them and to take advantage on their weak position and excitement.
That is pure manipulation.

Scammers are the parasites of this industry and they should be eliminated.


cryptodaptor
https://bitcointalk.org/index.php?action=profile;u=1972153;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=1972153;sa=showPosts;start=20
https://bitcointalk.org/index.php?action=profile;u=1972153;sa=showPosts;start=40

sento02
https://bitcointalk.org/index.php?action=profile;u=1958500;sa=showPosts

surasak
https://bitcointalk.org/index.php?action=profile;u=1754015;sa=showPosts

Credits_is_better
https://bitcointalk.org/index.php?action=profile;u=1916264;sa=showPosts

ouiouane
https://bitcointalk.org/index.php?action=profile;u=1708585;sa=showPosts

Vikaletor
https://bitcointalk.org/index.php?action=profile;u=1936513;sa=showPosts

urban.solinc
https://bitcointalk.org/index.php?action=profile;u=1506661;sa=showPosts

Kr2017
https://bitcointalk.org/index.php?action=profile;u=1289926;sa=showPosts

aioc
https://bitcointalk.org/index.php?action=profile;u=842046;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=842046;sa=showPosts;start=20
https://bitcointalk.org/index.php?action=profile;u=842046;sa=showPosts;start=40

stejas
https://bitcointalk.org/index.php?action=profile;u=1594360;sa=showPosts

ART1985
https://bitcointalk.org/index.php?action=profile;u=1021752;sa=showPosts

penig
https://bitcointalk.org/index.php?action=profile;u=1224941;sa=showPosts;start=0

Smitten_Semi_Cameroon
https://bitcointalk.org/index.php?action=profile;u=1577929;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=1577929;sa=showPosts;start=20

lonesomestranger
https://bitcointalk.org/index.php?action=profile;u=867799;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=867799;sa=showPosts;start=20
https://bitcointalk.org/index.php?action=profile;u=867799;sa=showPosts;start=40

larsbalzak
https://bitcointalk.org/index.php?action=profile;u=1884279;sa=showPosts;start=20

kubricktrader
https://bitcointalk.org/index.php?action=profile;u=989936;sa=showPosts

ddevink
https://bitcointalk.org/index.php?action=profile;u=235491;sa=showPosts

amintek15
https://bitcointalk.org/index.php?action=profile;u=887751;sa=showPosts;start=40

theleaf
https://bitcointalk.org/index.php?action=profile;u=1122479;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=1122479;sa=showPosts;start=20

mfb07
https://bitcointalk.org/index.php?action=profile;u=1958579;sa=showPosts

annz
https://bitcointalk.org/index.php?action=profile;u=1452634;sa=showPosts
https://bitcointalk.org/index.php?action=profile;u=1452634;sa=showPosts;start=20

Swinging Phallus
https://bitcointalk.org/index.php?action=profile;u=1122455;sa=showPosts;start=20
https://bitcointalk.org/index.php?action=profile;u=1122455;sa=showPosts;start=40

haggercody
https://bitcointalk.org/index.php?action=profile;u=1458139;sa=showPosts

kronos123*
https://bitcointalk.org/index.php?action=profile;u=893441

HTHP
https://bitcointalk.org/index.php?action=profile;u=700217;sa=showPosts

swiftcoder
https://bitcointalk.org/index.php?action=profile;u=1203238;sa=showPosts

plr
https://bitcointalk.org/index.php?action=profile;u=1188181
https://bitcointalk.org/index.php?topic=2401248.msg33916282#msg33916282
https://bitcointalk.org/index.php?topic=2401248.msg32593653#msg32593653

smyslov*
https://bitcointalk.org/index.php?action=profile;u=924304

sagatel*
https://bitcointalk.org/index.php?action=profile;u=1341071

coin-investor*
https://bitcointalk.org/index.php?action=profile;u=891131

Nold*
https://bitcointalk.org/index.php?action=profile;u=1135636

Leodalat*
https://bitcointalk.org/index.php?action=profile;u=1111542

felissss500@gmail.com*
https://bitcointalk.org/index.php?action=profile;u=1048738

hadevil
https://bitcointalk.org/index.php?action=profile;u=1497429

NakiRR*
https://bitcointalk.org/index.php?action=profile;u=1169542


here some accounts acting like bots around the forum copy pasting updates and useless Credits content.

Nikitavoz
https://bitcointalk.org/index.php?topic=2401248.msg32739703#msg32739703
Sam67
https://bitcointalk.org/index.php?topic=2401248.msg32833931#msg32833931
aioc
https://bitcointalk.org/index.php?topic=2401248.msg32494297#msg32494297

NathanJackson
https://bitcointalk.org/index.php?topic=2401248.msg32382448#msg32382448
aileen393332xe5157
https://bitcointalk.org/index.php?topic=2401248.msg32201138#msg32201138

JennyH
https://bitcointalk.org/index.php?action=profile;u=1270022;sa=showPosts

Falleot
https://bitcointalk.org/index.php?action=profile;u=1299398;sa=showPosts

Mike Sh
https://bitcointalk.org/index.php?action=profile;u=1262020;sa=showPosts

cprman
https://bitcointalk.org/index.php?action=profile;u=1211522;sa=showPosts

Karl Max
https://bitcointalk.org/index.php?action=profile;u=1261897;sa=showPosts

mv@credits.com
https://bitcointalk.org/index.php?action=profile;u=1568242;sa=showPosts

SillyCat
https://bitcointalk.org/index.php?action=profile;u=1031095;sa=showPosts

bgraydin
https://bitcointalk.org/index.php?action=profile;u=1378875;sa=showPosts

The list will be updated every day.
sebastian787 (OP)
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April 24, 2018, 12:08:05 PM
 #8

Update!
They decided to close the previous thread because we were exposing them and and they created a new SELF-MODERATED one here.
https://bitcointalk.org/index.php?topic=3375263.0

We all know which projects create a self-moderated thread and WHY they are doing it.
They want shout out mouths from any account that present facts about how they operate and just leave the fake accounts and paid shillers to praise their coin so they can create FAKE HYPES EVERY DAY.

sebastian787 (OP)
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April 28, 2018, 08:10:34 AM
 #9

Update!

The Credits army reported so many times the new NON Self-Moderated thread i created that moderators decided to delete it.
Once more a proof of how they shout mouths if someone is trying to expose them.
vickykashan101
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January 25, 2019, 08:22:50 AM
 #10

OMG I was thinking the same and finally out this thread.

THey are nothing but a pure well-organized SCAM......... SCAM

- Just check their telegram members dropped from 76,000 to 56,000 More than 20,000 members were dropped. well those were not members those were FAKE BOTS

- Everytime you ask them about the Mainnet or ask question about the low trading on exchanges, they block you.

- They have around 20 members team of scammers marketing experts in their Telegram group. Everytime someone try to raise serious issue, one of them pops in and ask questions about UPDATES or like MEETUPS or like GENERAL BLOKCHAIN trend and the admins shift their focus to that.

- They don't have a solid product but and keep doing FAKE PROMISE and giving FAKE HOPES to people by putting out ver 1,,2,3,4,................ infinity unless you are all dead times versions of testnet.

- People stating fake stories like 'I bought 20 grand credits', I bough 6 thousands worth of CS blah blah, I want to HODL forever, I am HODLING my 60 k CS, I want to BUy blah blah, but then I msged them like hey I want to sell my CS you want to buy, and guess what, they blocked me too Cheesy

- Do you really think their CEO and the team is credible? Ofocurse no! Check out their profiles. Bunch of losers who are real or not real that we all dont know.

TURST ME PEOPLE, that's gonna be the biggest SCAM in the history of blockchain. Stay away from it.

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January 29, 2019, 02:37:59 AM
 #11

Will this later become a mega scandal in the crypto world? I think let's prevent this together by helping inform others to not get caught up in this project.
vickykashan101
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January 29, 2019, 03:01:04 AM
 #12

Will this later become a mega scandal in the crypto world? I think let's prevent this together by helping inform others to not get caught up in this project.


I am with you brother. Let's really help others and expose this SCAM....
npredtorch
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February 02, 2019, 05:55:23 AM
 #13

I'm also a member of their telegram group. I criticized them as well due to the delay launch of the main net and some stuffs. But, some post in here are not true like when someone ask about "when main net" they will ban you.
I've ask a lot about release date (in the past and as of today) and I didn't even received any warning (or got instant ban).

P.S I'm just a neutral person. I only have a few CS from their bounty campaign. Not a heavy hodler.
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February 07, 2019, 06:52:14 AM
 #14

I somehow agree credits to be a scam project
vickykashan101
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February 07, 2019, 07:08:33 AM
 #15

I somehow agree credits to be a scam project

I am glad people are coming out to raise their voices against this scam. I hope people should be well aware before blindly investing into the project.
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February 07, 2019, 07:18:32 AM
 #16

DYOR IBM will never put a scam project on their website, so CREDITS IS NOT A SCAM. Scam project will never release testnet, then collect bugs from 500+ testers and fix them in the next update. How many updates there were??? So, CREDITS IS NOT A SCAM. Scam project will never send pattent applications, visiting conferences and hosting meetups for their investors, so CREDITS IS NOT A SCAM. Scam projct will never partner with IBM. Scam project will never pass audits, SCAM project will spnt all money on listing on binance and other big exchanges because it cares only on Fast Pump and not natural growth. You are not smart investor, you are just a little boy who was blocked from their telegram channel because of spamming GIFs lol. I AM SURE YOU WILL DELETE MY MESSAGE BECAUSE YOUR COMPLAINS WERE DESTROYED JUST IN FEW SENTENCES

Credits Blockchain Platform - Fast Transactions and Autonomous Smart Contracts.
vickykashan101
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February 07, 2019, 07:29:41 AM
 #17

DYOR IBM will never put a scam project on their website, so CREDITS IS NOT A SCAM. Scam project will never release testnet, then collect bugs from 500+ testers and fix them in the next update. How many updates there were??? So, CREDITS IS NOT A SCAM. Scam project will never send pattent applications, visiting conferences and hosting meetups for their investors, so CREDITS IS NOT A SCAM. Scam projct will never partner with IBM. Scam project will never pass audits, SCAM project will spnt all money on listing on binance and other big exchanges because it cares only on Fast Pump and not natural growth. You are not smart investor, you are just a little boy who was blocked from their telegram channel because of spamming GIFs lol. I AM SURE YOU WILL DELETE MY MESSAGE BECAUSE YOUR COMPLAINS WERE DESTROYED JUST IN FEW SENTENCES


Lol ofcourse I won't delete your comment. So since you are one of those marketing members, I know I can't convince you. But Just putting this info for others to see.


Circulating supply used to be 127 million before...now it is 153 million.

Check out this new thing. They are releasing the token supply.

https://imgur.com/a/OzEiXJ7

https://imgur.com/a/OzEiXJ7


Secondly about partnership with IBM-------------- GOSH dude you need IBM, you are using their cloud services, not the other way round.

Using Gmail doesn't mean I am partnering with GOOGLE>....... Hell no. But you promoted and advertised it in a way that it looks like you IBM will use your mainnet.
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February 07, 2019, 07:34:28 AM
 #18

DYOR IBM will never put a scam project on their website, so CREDITS IS NOT A SCAM. Scam project will never release testnet, then collect bugs from 500+ testers and fix them in the next update. How many updates there were??? So, CREDITS IS NOT A SCAM. Scam project will never send pattent applications, visiting conferences and hosting meetups for their investors, so CREDITS IS NOT A SCAM. Scam projct will never partner with IBM. Scam project will never pass audits, SCAM project will spnt all money on listing on binance and other big exchanges because it cares only on Fast Pump and not natural growth. You are not smart investor, you are just a little boy who was blocked from their telegram channel because of spamming GIFs lol. I AM SURE YOU WILL DELETE MY MESSAGE BECAUSE YOUR COMPLAINS WERE DESTROYED JUST IN FEW SENTENCES


Lol ofcourse I won't delete your comment. So since you are one of those marketing members, I know I can't convince you. But Just putting this info for others to see.


Circulating supply used to be 127 million before...now it is 153 million.

Check out this new thing. They are releasing the token supply.

https://imgur.com/a/OzEiXJ7

https://imgur.com/a/OzEiXJ7


Secondly about partnership with IBM-------------- GOSH dude you need IBM, you are using their cloud services, not the other way round.

Using Gmail doesn't mean I am partnering with GOOGLE>....... Hell no. But you promoted and advertised it in a way that it looks like you IBM will use your mainnet.


Admins stated they are working together on IoT usecase using Credits latform and there will be updates regarding their cooperation

Credits Blockchain Platform - Fast Transactions and Autonomous Smart Contracts.
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February 07, 2019, 07:39:15 AM
 #19

And what about other facts?? You have nothing to prove them wrong

Credits Blockchain Platform - Fast Transactions and Autonomous Smart Contracts.
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February 07, 2019, 07:40:19 AM
 #20

DYOR IBM will never put a scam project on their website, so CREDITS IS NOT A SCAM. Scam project will never release testnet, then collect bugs from 500+ testers and fix them in the next update. How many updates there were??? So, CREDITS IS NOT A SCAM. Scam project will never send pattent applications, visiting conferences and hosting meetups for their investors, so CREDITS IS NOT A SCAM. Scam projct will never partner with IBM. Scam project will never pass audits, SCAM project will spnt all money on listing on binance and other big exchanges because it cares only on Fast Pump and not natural growth. You are not smart investor, you are just a little boy who was blocked from their telegram channel because of spamming GIFs lol. I AM SURE YOU WILL DELETE MY MESSAGE BECAUSE YOUR COMPLAINS WERE DESTROYED JUST IN FEW SENTENCES


Lol ofcourse I won't delete your comment. So since you are one of those marketing members, I know I can't convince you. But Just putting this info for others to see.


Circulating supply used to be 127 million before...now it is 153 million.

Check out this new thing. They are releasing the token supply.

https://imgur.com/a/OzEiXJ7

https://imgur.com/a/OzEiXJ7


Secondly about partnership with IBM-------------- GOSH dude you need IBM, you are using their cloud services, not the other way round.

Using Gmail doesn't mean I am partnering with GOOGLE>....... Hell no. But you promoted and advertised it in a way that it looks like you IBM will use your mainnet.


Admins stated they are working together on IoT usecase using Credits latform and there will be updates regarding their cooperation



GOSH you really think people are so stupid that they can't go to website and find out details about what sort of FAKE PARTNERSHIP YOU ADVERTISED.

Check out what IBM websites says.


Following a review of major cloud services offerings on the market, Credits chose IBM Cloud solutions. The IBM team ran a proof-of-concept exercise to identify the optimal infrastructure for the company, designing an environment based on IBM Cloud bare metal servers located in IBM Cloud data centers in Dallas in the US, Sau Paulo in Brazil, Chennai in India, Singapore, Amsterdam in the Netherlands, London in the UK and Frankfurt in Germany.

https://www.ibm.com/case-studies/credits-ibm-cloud-blockchain-performance


I know you guys are smart and advertised the FAKE news so fastly that people never DTOR but now its exposed.


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