Quote from: Kevin77 on September 06, 2018, 04:55:03 PM

Quote from: diouf67 on September 04, 2018, 03:12:06 PM

Quote from: caisa88 on September 04, 2018, 03:01:07 PM

I see that Credits is already having an increase in price of 12% since yesterday, but i don't think that it will moon just because of a partnership. The project needs to show more results before it can increase more in price.

This is a good point, I looked in to it a little after seeing this because a Lenovo partnership is no small partner. That's one of the best partners any cryptocurrency has managed and should be enough to draw some attention. I see that soon they will be showcasing some of their blockchains potential with speeds in excess of 200k TPS on offer. That blows all of the competition out of the park.

Normally, most of the altcoins had a good move yesterday in the hope that the market would be a favorable condition for the alts to grow but as it is, it seems the market is absolutely not ready yet for such movement until we can clearly see the extent to which bitcoin wants to move. It is not a bad thing for Credits team, considering that such partnership is a big move and would really bring about some impact for its usage over time, but I really would not expect that much in the short term for market growth because of that.

In the past I have seen many altcoin projects had made tie up with big companies but in long term they are not capitalizing anything. Paying some big money to Lenovo and making use of that brand for promoting their coins/token is the thing is going on now a days. Still, it is another good effort from credit team but I am not ready to invest with any one including this credits.