Do you think CREDITS (CS) is a very well organized SCAM?

[vickykashan101]

You are not smart investor, you are just a little boy who was blocked from their telegram channel because of spamming GIFs lol. DYOR peeps! Do you know the meaning of the word "scam"?? IBM will never put a scam project on their website and visit their office, so CREDITS IS NOT A SCAM. Scam project will never release several updated of testnet, collect bugs from 500+ testers and fix them in the futher updates. Scam project will never send pattent applications, visiting conferences and hosting meetups for their investors. Scam project will never partner with IBM and pass audits. SCAM project will spent all money on big exchanges because it cares only on Fast Pump. I AM SURE YOU WILL DELETE MY MESSAGE BECAUSE YOUR COMPLAINS WERE DESTROYED JUST IN FEW SENTENCES

Lol now you are SPAMMING here again. You have already posted the same pointless comment in the other thread and I have replied you there. May be you need to grow up.

https://bitcointalk.org/index.php?topic=3186812.msg49622563#msg49622563

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[baigreen]

One of the most active tokens I have ever seen.
Their team works very hard.
I don't think CS is a scam.

Then explain, if they are such hard workers, why do they block the message from their investors (clients)? It seems to me suspicious. No one has not canceled that a big project could be a scam. If the team is strengthened fighting with the chat is a very bad sign. So you can not see negative information. Then this negative information appears here on the forum.


I can not give you an answer is a draft scam or not. But I saw a lot of guys who quickly find the answer to this question.
I think we will read about it soon.

[vickykashan101]

You are not smart investor, you are just a little boy who was blocked from their telegram channel because of spamming GIFs lol. DYOR peeps! Do you know the meaning of the word "scam"?? IBM will never put a scam project on their website and visit their office, so CREDITS IS NOT A SCAM. Scam project will never release several updated of testnet, collect bugs from 500+ testers and fix them in the futher updates. Scam project will never send pattent applications, visiting conferences and hosting meetups for their investors. Scam project will never partner with IBM and pass audits. SCAM project will spent all money on big exchanges because it cares only on Fast Pump. I AM SURE YOU WILL DELETE MY MESSAGE BECAUSE YOUR COMPLAINS WERE DESTROYED JUST IN FEW SENTENCES

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.

[vickykashan101]

Russian-based Team in Singapore?

The project is based in Singapore, yet its team members are exclusively Russian. This is quite unusual, and no doubt has raised more than a few eyebrows. The lack of software developers on the team is also concerning.

Further, while the team does have a few software engineers, it looks like the bulk of the team comprises of marketing people or those in charge of partnerships.

https://blokt.com/icos/credits-review

[bigcash2011]

I will not give a verdict but i know credits blockchain project from the time of their ico and i will personally give them more time as they have announced the timeline but yes i agree that the product development and the release has been on the slower side.

[dirgayeah]

I was participated on their campaign before and I have a faith with this project. but since they always postponed their mainnet, I start to leave their telegram group. I just waiting their progress to do made 1 million Transaction/sec. 

[James678]

Don't think about telegram followers. Majority of projects attracts bots and there is nothing strange. I know that credits has an office for like 100 members and they still hiring people. Let's see if they release something

[vickykashan101]

Yeah # of followers in Telegram doesn't guarantee a project's authenticity.

But with credits, 3 months ago they had 73,000 followers and now they have just 53,000 which means 20,000 followers dropped within 3 months.

Which means they were using bots to create hype and recently when Telegram deleted all such fake accounts and bots, credits reality was revealed....

[vickykashan101]

And some one commented that CREDITS is being listed on Binance Lol, do you want to know how they will get listed? By begging them

Someone shared these photos with me as I am not in the group.

https://imgur.com/a/Vm153g1

https://imgur.com/a/c5ruqMP

https://imgur.com/a/TuWKcy0


Credits team ask their members to retweet to CZbinance and again trying to create FAKE hype by spamming his twitter with begging requests.

Lol hilarious.

[altcoinmoscow]

Well, this is the end.
Credits blockchain platform officially dead. So you were right. CS was a scam. 

[nelson4lov]

Credits. Nothing much to say. It was one of the most hyped platforms and projects during the ico bubble. A friend of mine who invested wanted sell his house and move to a smaller one. How did it turned out 2 years after?  Y'all know the answer. In my experience, hypes don't last. They die as quickly as they're made. Well, they still have a chance to change this narrative.

But with credits, 3 months ago they had 73,000 followers and now they have just 53,000 which means 20,000 followers dropped within 3 months.

This is one of the ways that vaporware projects tricked investors in the ICO days. Not anymore.

[meanwords]

Well, this is the end.
Credits blockchain platform officially dead. So you were right. CS was a scam. 

Dude, it took them 3 years to hype their coin and still hasn't lunch their mainnet. They are also faking their partnership and investors still hasn't decided that it is a scam? investors really need to step up their game. It took me 20 mins of googling and looking at their website to find their crap.

A friend of mine who invested wanted sell his house and move to a smaller one. How did it turned out 2 years after?  Y'all know the answer.

That's pretty messed up. It's almost like the second Bitconnect.

To be honest, I'd merit this guy for being smart and researching, finding their crap before anyone else does. He hasn't online since so it's probably a waste. Kudos to OP though.

[thisnewcoin]

Credits is not a scam project yet but their activities are suspicious! They had a very good hype, investors kept telling Credits blockchain will be a strong competitor of Ethereum! Credits have a very fast transaction technology and their vision was really big! But everything is past now, I think they are deceiving the investors! Many investors already moved on, I sold my coins long ago because that time Credits assumed a very slow project! Now, I got them, they are not slow rather dishonest in many ways!

[mdzahed134]

I like there blockchain information for fast transaction per seconds. Still I can't tell directly that this is a scam project. You didn't check coinmarketcap about this project because maximum supply of this coin 249.47CS. If this is your base to find out this is a scam then you are wrong. Check XNS coin supply which is listed as INS in Binance. Although I took your information seriously to check more.

You are right, circulating supply increasing it’s dosen't mean CREDITS is scam project. Most provably team and advisor tokens is unlocked recently but i see total supply is still unchanged. Telegram members gradually dropped also from big success projects. These things never proof it’s a scam. Developer should go faster implement those are promised.                               

[libert19]

Scams run rampant in crypto industry, the projects in which i had so much belief turned out to scam. So i wouldn't be surprised about Credits.

[shinratensei_]

I like there blockchain information for fast transaction per seconds. Still I can't tell directly that this is a scam project. You didn't check coinmarketcap about this project because maximum supply of this coin 249.47CS. If this is your base to find out this is a scam then you are wrong. Check XNS coin supply which is listed as INS in Binance. Although I took your information seriously to check more.

Lol you are joking about that dude. Please read the whole information regarding the discussion related to the credit and some people have already started to feel doubt caused by years after the first development progress and credit is still not giving any result. I have tried to use this blockchain and so far it's good but it's lack of features.

[joybella]

They're slow with their main et launch that doesn't label them as scam. Now they're migrating to own blockchain I hope you can correct some of your early assertions. About total supply increasing, check when they fixed for team token unlock if teams tokens has been unlocked then that's not a problem.

[ViralNation]

It is a scam.
 
They copied the name of a more well-known coin (Creditcoin) that recieved investment from Coinbase, Y Combinator, etc and are trying to ride on that wave.

Creditcoin = Legitamate
Credits = SCAM

be careful

[kayvie]

They are not answering any inquiries from their telegram channel and they are blocking messages from anyone who asks anything about the progress of the project, it is suspicious and this is enough evidence for everyone that this project is a scam.

[Bonwin]

I will not give a verdict but i know credits blockchain project from the time of their ico and i will personally give them more time as they have announced the timeline but yes i agree that the product development and the release has been on the slower side.

Sure, I also feel they should be given more time. A lot of projects these days have some forms of delays in achieving certain milestones. However, I feel they should always update their communities on the latest developments and progress of work. Then they should try as much as possible to answer questions relating to the project whenever such arises.
Well, I also understand they might feel some people come on telegram to cause FUD and scare away investors, which might be the reason behind some actions. When it comes to situations like this, patience is needed and there are ways you can deal with such without causing any misunderstanding.