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fancy2973
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July 24, 2018, 11:52:45 PM |
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I think the team is deliberately pushing down the price, to buy back as much tokens as possible sold during ico.
This way, when the platform gets released, the tokens will increase massively in price and they will profit.
This theory would mean that the team knows they are working on something very substantial and worthwhile and should then only be an incentive to hold on to your CS. I personally believe they are simply not very skilled in PR and communication. It has been a problem since the very beginning of their ICO announcement. Hopefully they are much more skilled in programming than they are in communication and PR. Then we are all good here with our investment. Lack of communication often makes some people nervous and they start spreading bad news. |
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robelneo
Legendary
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Activity: 3416
Merit: 1226
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July 24, 2018, 11:57:26 PM |
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so far I believe no crypto has suffered the FUD as CS did..team achieved so much and its almost ready to blow up with mainnet..still 30 cents??
I'm here since this Credits and you are right so many fuds in their earlier days that's why they closed their old thread and create a moderated one, I don't agree in moderating a thread but with Credits that already finished their Ico it's just right they moderate this thread. |
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buurraakk
Newbie
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Activity: 188
Merit: 0
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July 25, 2018, 12:32:19 AM |
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They are their own biggest cause of fud.
this project is literally being manages by a bunch of kids.
Why is the code closed off from public, because it needs to be patented, but the they disclose the code to 160 random testers that signed up to be a tester?
Literally 0 logic in all of management’s decisions.
Token started to dip again I see after failing to break resistance of previous lower high.
Will probably now fall below ico price, and settle at around $10m market cap
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qianliwen888666
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Activity: 350
Merit: 10
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July 25, 2018, 01:10:40 AM |
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The CREDITS coin project has accumulated a strong community strength, which is very good for the further development of the project. CREDITS is one of the projects worth long holding for investors.
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Xantrax
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July 25, 2018, 02:52:36 AM |
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Do you set up nodes for the private mainnet yourself ? Are the users of privat mainnet under NDA ?
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longminh123
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July 25, 2018, 03:39:34 AM |
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Over the past few months, Credits has been giving us new updates on the project and especially their development team is still working so I'm sure the price will rise in the near future. If you are disappointed with this project, you should sell all CSs to secure your property but I advise people not to sell in this period as it will not be able to help you make a good profit.
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RandyMagnum
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July 25, 2018, 07:05:21 AM |
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Real credits investors here for a long while and not really worried about price manipulations thats happening right now.
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buurraakk
Newbie
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Activity: 188
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July 25, 2018, 07:41:07 AM |
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A new day, a new update on the top250 wallets: http://i67.tinypic.com/dhbkw6.pngTop11-250 have again increased their holdings, as well as the <top250 accounts. Again top10 decreased heavily (-1m tokens), but this again originated from the KuCoin wallet. Most of the outflow has been absorbed by the top50-100 wallets and the smaller wallets. Fun fact, # of holders decreased for the first time from 20955 to 20951. It started at 20900 1 week ago. Trend change? Is CS now moving into whale accumulation? |
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traveler007
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ZooomEx- a new cryptocurrency exchange!
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July 25, 2018, 11:05:06 AM |
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what news here aboutlisting to some good exchanges? why CS noy listed to Okex? I bought CS after this voting and now price fallen and no listing  |
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buurraakk
Newbie
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Activity: 188
Merit: 0
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July 25, 2018, 11:21:45 AM |
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Again, a partner website FULL of the same grammar and spelling mistakes of all previous partners. Makes me feel like these websites are being designed and made by 1 person. I've research the team of Vargas Partners. Literally 0 of them are on Linkedin. I've done a google visual search on the "Paolo Scuderi", so called business associate. http://i67.tinypic.com/142henn.pngThis is the google visual search result: http://i65.tinypic.com/2mng42f.pngApparently there are 4 other clones of this same guy working for other companies under different names xD xD WHY IS CREDITS PARTNERING WITH THESE SCAM PROJECTS?? |
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larsbalzak
Jr. Member
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Activity: 308
Merit: 1
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July 25, 2018, 11:42:32 AM |
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WHY IS CREDITS PARTNERING WITH THESE SCAM PROJECTS??
Maybe because Credits is also a scam. Look up the eBTC project, they look very similar. They also came up with alot of scampartners and created a whole ''eco-system''. Credits is much more succesful than eBTC ofcourse but the way they operate looks very much the same. |
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buurraakk
Newbie
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Activity: 188
Merit: 0
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July 25, 2018, 11:58:34 AM |
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WHY IS CREDITS PARTNERING WITH THESE SCAM PROJECTS??
Maybe because Credits is also a scam. Look up the eBTC project, they look very similar. They also came up with alot of scampartners and created a whole ''eco-system''. Credits is much more succesful than eBTC ofcourse but the way they operate looks very much the same. Agreed.. More and more red flags pop up. I still dont understand though why wales are accumulating. But looking at the eBTC chart, I think they will soon pump the token x5-10 on some bogus claim / news And then unload their tokens on investors. And then they will politely exit / quit the project. They are going to do another livestream. Get ready for another massive dump. |
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buurraakk
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July 25, 2018, 01:47:53 PM
Last edit: July 25, 2018, 02:17:47 PM by buurraakk |
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So they are opening offices all over Europe right now.
They have 110FTE.
They are constantly travelling all over the world.
They only have $20m from ICO fund, which is probably already 50% spend.
Their operational locked tokens are now worth only $8m and keeps dropping in value.
How will they fund their operations next year is beyond me.
They are also deliberately avoiding this question.
Ask this question in telegram and you get immediate ban.
It does explain why credits isn't getting listed anwhere.
They dont have any money left to pay for a listing.
So don't expect any listing till next year march, when the tokens unlock.
If the token price doesnt recover, i'm guessing they will be forces the throw in the towel and apply for bankruptcy somewhere May 2019.
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chemal
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July 25, 2018, 11:27:04 PM |
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What was the latest test of TPS? How much cs reward can we get from one node? what is the plan to raise CS price on exchange
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fortunecrypto
Legendary
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Activity: 2562
Merit: 1048
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July 26, 2018, 12:53:37 AM |
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So they are opening offices all over Europe right now.
They have 110FTE.
They are constantly travelling all over the world.
They only have $20m from ICO fund, which is probably already 50% spend.
Their operational locked tokens are now worth only $8m and keeps dropping in value.
How will they fund their operations next year is beyond me.
They are also deliberately avoiding this question.
Ask this question in telegram and you get immediate ban.
It does explain why credits isn't getting listed anwhere.
They dont have any money left to pay for a listing.
So don't expect any listing till next year march, when the tokens unlock.
If the token price doesnt recover, i'm guessing they will be forces the throw in the towel and apply for bankruptcy somewhere May 2019.
I hope this will not happen, they are already listed on some exchange all they have to do is to concentrate on their platform I see many people still dumping, but if there's a seller there's also a buyer and I'm sure the buyer will rejoice when they finally get their project going, let's give them another change I'm hoping they are not going to throw in the towel. |
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Smitten_Semi_Cameroon
Jr. Member
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Merit: 1
ראה
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July 26, 2018, 01:12:09 AM
Last edit: July 26, 2018, 01:33:54 AM by Smitten_Semi_Cameroon |
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I don’t expect to see a solid recovery in Credits, until we first see a solid recovery in Ethereum. The on-ramp always rises first. That’s why typically, we often see Ethereum will spike, and then Credits follows a week later, roughly.
I also suspect that what many gamblers have been doing is selling their Alt. coins, and buying Bitcoin, on the pure speculation of the possibility of a Bitcoin ETF in the United States.
It would be interesting to see how much of the outflow from KuCoin was into Bitcoin, if anyone is able to check that, because this might reveal some interesting patterns, also. I think some of this money will eventually come back into Credits.
Given that a significant portion of the capitalization of Credits is by speculators And not long-term investors, this downturn should be anticipated, Especially after the delay in the release of their Main-net, As well as the failure to get listed on the bigger exchanges.
I am impressed enough with the new website, to suspect that I’m not alone in this assessment. This team is in a life-and-death struggle, but they have come a long way.
I say, give credit where Credit’s are due.
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That's my phonetic angelic name that you're using
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xybersurfer
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Merit: 10
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July 26, 2018, 04:59:34 AM |
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what has happened to the test group? has it been disbanded? any final report from the testers?
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robelneo
Legendary
Online
Activity: 3416
Merit: 1226
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July 26, 2018, 09:27:09 AM |
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I hope the thread starter of this thread will do his responsibility for this thread to not become the old one, fuds are now coming in, I'm not trying to hype the coin, but as you all can see, we have seen and read so many updates and they come out with partnerships, let them continue what they are started.
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