Hello everybody, I have my doubts about this coin "credence" and wanted to share it with you:
- Do not you think it's very strange that they have a low-grade wordpress website and cheap graphics for their ICO?
- Their domains have been registered 20 days ago .. that is not good in a solid project, supposedly created and planned with much time in advance and care.. Nor do they have even a page under construction at
http://www.credencoin.co- Their coin in github is not something that have been developing over the time, but something that they only dedicated 1 day, 6 days ago and only has one contributor (its creator) and no a team.
- His "Team" is completely anonymous, so if tomorrow disappears, who would contact ... an anonymous project, involving finance and micro lendingt is not credible ..
- They have only 200 followers in Twitters, this is ridiculously little for a "genuine" project, in ICO stage.
- His whitepaper is very poor.
- Not in Coinmarketcap or exchanges so far.
- Sending the tokens manually... Wow!!!
All these things only shows that there is no technology or team behind Credence .. but a person who possibly will become millionaire with all their BTC, LTC and DGB ... I think that is 100% SCAM!
I think it is fair to say thay a healthy dose of concern is good, but then we have Bitconnect even after it has been paying out all this time, still raises concerns for people about how its all a scam, i am 2000$ away from makin break even on there and the closer you get to that point, the more concerns go away, bitconnect is making money, a lot of money if you recon they hold 5m or so of their own coins and each coin just went up 60$ each.
Credence has more to gain from seeing their project through then running away at the ico stage, sure 2.5m is a lot of money, but compared to Bitconnects 1.2b total market value, its peanuts and we all know the Bitconnect system is viable and sustainable.