Not going to bother quoting you and give you more airtime, glad you've chosen to move on, and probably a good move since we weren't able to fulfill your expectations in the 1-2 weeks that you gave us. Credits was launched in July of 2017 and has been through quite a bit since then and now has a much larger and stronger community as a result.
Price is currently depressed along with most other altcoins. We also haven't had any new announcements fro a while since we've been focusing on getting the next version ready for release. Once this is done we will focus once again on marketing and future opportunities for Credits.
I do however agree that the price of any cryptocurrency is pure speculation.
Do not get me wrong. I like the project. But since the end of January it was 3$ per 10 credits - as it was fixed in the official website. Since then we have an exchange. And we were watching "the free falling". It's normal. But we've already reached the point below electricity costs.
There are many factors for this price depression. But 1 thing has never changed. The negative trend of an overestimated value. Like other CPU mining altcoins with minimum market share, this project is just a temporary field for CPU mining power. Till now it hasn't shown any potential to be a global project and usable currency. Of course being so small is the key that CRDS mining was so profitable. I want to thank you for all that! I believe you're far from any scam, or if the project is a scam, it's one of the least arrogant. Most projects' devs are "hungry for money"! This project is something different and still not good enough to make it.
I believe in decentralization. Which is CPU mining. So it's the future of all cryptos. This year and next I think we'll see the end of most altcoins. Some may survive. They'll be big. Highly used. Decentralized. Secure. Tested. Almost no profitable for mining. Small altcoins will just not make it. I would like it to be different, but that's the way it works.
Ok, I think I was right. We're at the final texts. I see massive sale on CRDS, where the amounts are not rounded. This means everybody tries to get rid of his credits. Unfortunately my mining is stopped at all. No good coins at the moment. CRDS was the best for the last 2 months.
While this is the beginning of the end of CRDS, now what follows is reduced difficulty. But with reduced turnover if it's profitable to mine at the moment (current price), it won't be to sale after 1 or 2 weeks. In near future it's possible to see no buy orders. Still I suspect this buy orders with too, too low price and high amounts are placed by the creators for a try to save the coin and the trust. Generally we'll see. But investing in any way at the moment is highly risky. But let's put it - "High risk - high reward, low risk - low reward".