Quote from: castello90 on November 21, 2017, 12:56:34 PM

Quote from: IronSongie on November 21, 2017, 12:17:39 PM

Quote from: ebatcave on November 21, 2017, 12:12:21 PM

Quote from: IronSongie on November 21, 2017, 12:06:45 PM

Quote from: nur1labs on November 20, 2017, 10:59:43 PM

Quote from: larkinvain on November 20, 2017, 09:09:51 PM

Quote from: leojust on November 20, 2017, 03:40:29 PM

Quote from: ghostwalker.ph on November 20, 2017, 03:07:13 PM

credence coin is having an organic growth everyday. it is a clear indication that noobs who have weak hands are off the project. theyd suffer when they sold their credence coins for cheap and bought the fud at 8 usd.

Yes that is true. They are slowly rising but also have some dips yet all the time improving on the last price. That is the best way to go rather then to see it just shoot through the roof IMO.

Slow organic growth is always the best. I see big things for Credence.

how long to wait...it's will more investor run lol

You should read the roadmap, its all in there, if you thought, shit man december is so far off, i dont trust this...dont buy the ico.

Its really that simple...

Uhhh Dude, the ICO was over a month ago...If you actually read this thread instead of FUDDING, hoping that the price will drop for you to pick up, you would have a schedule of implementation.

I think you misunderstood what i am saying to the guy, i have 5k credence @25 cents.

People are FUDDING all around. Let them do that, they will stay no chance on the long term.
Also I would like to emphasize the fact, that people SHOULD read the whitepaper.

An example: If you lend $1010 (just about 250 CRDNC and something) you will earn up to 1% daily interest + 0.05% daily.

Money to be returned = Lending capital * (1+ daily interest)^(number of days) = $1010 * (1+0.0105)^299 = $22944. This is on average a passive income of $76.73 per day.

If you have 5k credence as you indicate, then this is just about $ 20k. If you would lend that amount you earn 1% and 0.30% daily. After 199 days you would be left with:

$ 20000 * (1+0.013)^199 = $ 261,402.43, which is on average a passive income of $1313.58 per day.

I admit this would be the ideal case, if one would earn 1% a day. (In the white paper it is written that it is up to 1%, which means that it could be slightly lower).
Be honest people: Where do you get 1% accrued interest per day? Banks don't give any shit about their clients and nothing is being paid off by them for lending them your capital. In extreme cases you need even to pay banks nowadays in order to hold your money. Ridiculous.

Why is Credence then sustainable?

1. The cryptoindustry is still a rising industry which will slow off growing maybe in 4-5 years. A market cap of $ 136 billion for bitcoin is still nothing compared to global players in the industry on the stock market. I think the market cap of bitcoin will reach easily $ 1 trillion. And if not bitcoin, then bitcoin cash.

2. The amount of tokens is very low for a coin. Besides that my examples above prove that people are willing to stake and lend.

3. Because of 1. and 2. the demand for CRDNC will increase, however the circulating supply will decrease, which means that CRDNC can only increase.

@credencecoin: I love you guys, please keep up the good work.

@Everyone: Try to calculate your gains by the above formula. Enjoy the ride ;-)

Why teh fuck are you and ebatcave riding my ass on this, i know all that, i was just telling the FUD guy to read the roadmap or get out....