LibraToken CRED (LBAUSD)

[Jdungan]

Vitalek Buterin and the Aave guy both recently talked about defi bubble possibilities.

From a purely technical analysis perspective, I called out a 10k btc retest about a month ago, as a healthy indicator for a strong move up, if the dip is short lived.

My issue with Cred is that I believe their PR was being sabotaged. They don't really care about price (nor should they) but Cred (dan schatt) is very interested in VALUE as a service. Much respect.

I am neither a n00b to wall street nor crypto and the old books about fear and hope driven TA stands true in both.

But with crypto it is less regulated so it can be easier to catch people. Greed leaves a footprint.

On 8/12 Cred tweeted a poll about upcoming partner and price went 3x. It was overstated reaction and I was tempted to dump out but chose to hold because the "what if" questions from my research could easily justify a $1 LBA or more.

On 8/14 Dio Ianakiara (Klever CEO) tagged @ihavecred in a tron swap news pic and i mentioned it.

I also found links to Libra(facebook) Coinbase Binance AllyFinance cashApp Stripe cannaButter... Some with proofs like Poloniex... All of which I publicly discussed on telegram.

Dio's tweet is the FIRST provable "leak" about cred+klever... even though it was still a speculative "leap" too.

So tell me, why the price ran up 3x on 8/12 Cred's tweet? And if so much excitement why dump on GREAT news?

Typically those who are perpetuating the fraud will accuse the CEO and team etc.

Not me. I did my DD on them already and the price action of LBA has typically been:

Pump1
News tease
Pump2
Drift1
News release
Drift2
Dump
Repeat

All is fair in love and war but pump1 is almost always "those in the know" and pump2 the not in the know.

One would expect good news = pump3 but with cred the money flow kept failing at that point. If insiders pumpDump eventually pump3 will happen anyway or go scam.

With info leaks and pure manipulation, only pump1 wins (and hodlers.) but the project loses BIG TIME when new vestors come and get burned by unfair market leaks and nobody knows why.

Now they know. Now you know. I found it yesterday and dealt with it immediately and I will be watching that moneyflow.

[PENNIEStoSTACKS]

I believe this is the main cause https://www.coindesk.com/reasons-bitcoin-tanked-below-11k

https://markets.businessinsider.com/currencies/news/gold-bitcoin-price-fail-hedge-protect-investors-stock-market-meltdown-2020-9-1029561734

[Jdungan]

LEAK PROOF I found the reason why

To be clear Cred nor Klever nor anyone mentioned in here has done any wrong.

Today I found on earn.mycred.io, by right clicking and view page source, a vendor api, publicly accessible.

It shows a whitelist that includes unannounced (but old) partners, like MakerDAO is the FIRST authorized and Klever is the most recent...

Public Cred vendor API reveals whitelist for credearn api so I think some people knew in advance about Klever... So 8/12 klever gets api access and these cheaters buy it up.

"Must be good news" says average LBA n00b.

So cheaters sell sell sell...

Then when klever news cane out, nobody new cared because price was flat and mpre selling to ensure hopelessness just before Coinbase.

MAKERDAO and OMG are whitelisted.
ANGELROCK whitelisted
credPrivateClient (new client login)

I posted to ihavecred all day about it so they fix that leak.

If not I will have integrity and share immediately and then evaluate it.

The good news is that price manipulation is going to be less after this!

Cred knows my position
https://altcoin.pub

PROOF: https://twitter.com/AltcoinPub/status/1301600666213810181

[PENNIEStoSTACKS]

What a POS this thing turned out to be, it can't hold gains for nothing, I was better off with more BATCOIN

[Jdungan]

"Two game changing partnerships" being announced in September

@ihavecred #ihavecred $LBA @klever_io @HuobiGlobal #dansPokerFace

https://altcoin.pub/hype/poll-what-do-you-think-the-two-game-changing-partnerships-announced-in-september-will-be-ihavecred-ihavecred-lba-51

[PENNIEStoSTACKS]

Good work and thanks JD

[Jdungan]

I gave an overview and text version of the Klever partnership news in the AMA today AND TWO uocoming "game-changing" partnerships being announced as soon as tomorrow or as late as Sept 30.

https://altcoin.pub/public/index.php/calendar/cred-ama-aug-2020-updates-ceo-and-co-founder-dan-schatt-ihavecred-kleverwalletapp-justinsuntron-lba-klever-trx-26

[Jdungan]

Over 20 Cred August 2020 AMA Translations

Today I transcribed the video for Cred's August AMA into the following languages:

English, Chinese, Arabic, German, Korean, Romanian, Turkish, Japanese, Indonesian, Spanish, Russian, Hebrew, Hindi, French, Ukrainian, Czech, Dutch, Polish, Italian, Hungarian, Portugese, Latvian, Filipino, and Thai.

I will be posting to bitcointalk language forums later, and if you can, please distribute the articles:

The list of links is here:

https://altcoin.pub/calendar/cred-ihavecred-ihavecred-lba-over-20-text-translations-of-today-s-august-2020-ama-video-justinsuntron-trx-kleverwalletapp-klever-50

If you would like to read the English version with the video on screen, visit:

https://altcoin.pub/public/index.php/calendar/cred-ama-aug-2020-updates-ceo-and-co-founder-dan-schatt-ihavecred-kleverwalletapp-justinsuntron-lba-klever-trx-26

Thank you.

[PENNIEStoSTACKS]

"Might be the last few days of sub $0.10 trading"

What a crock of shit

https://altcoin.pub/hype/lba-confirms-technical-bounce-into-major-news-23

[PENNIEStoSTACKS]

LBA NEWS ???

🆕 New Cred $LBA event!

28 August 2020
BKEX Listing

Source: https://t.co/IjjQdp0VPU pic.twitter.com/fFcXlPuXQv

— CoinMarketCal Bot (@cmcal_bot) August 28, 2020

I see this out there as well
https://altcoin.pub/hype/lba-confirms-technical-bounce-into-major-news-23

[PENNIEStoSTACKS]

LBA CRED, ANNOUNCING MAJOR PARTNER LATER THIS MONTH

[PENNIEStoSTACKS]

Thanks for that JD

[Jdungan]

Submit your questions for the August 2020 AMA

Link and guidelines posted here

https://altcoin.pub/calendar/august-2020-questions-being-taken-for-for-ihavecred-12

PS: you can use Altcoin.pub to create altcoin news and then share it :)

[PENNIEStoSTACKS]

LBA/CRED BIG NEWS to COME

And this wasn't it, even though it was big news in itself

Bitcoin.com Wallet Users to Get Enhanced App Features via Partnership with Cred
https://www.coinspeaker.com/bitcoin-com-wallet-cred-partnership

I'm thinking its going to be one of the biggest % gainers out of these cryptocurrencies if the next Partner is as big as Bitcoin.com or bigger

$BTC $ETH $USDT $XRP $BCH $BSV $DA $BNB $LTC $LINK $CRO $EOS $XTZ $XLM $XMR $LEO $TRX $USDC $HT $VET $ATOM $NEO $ETC $MIOTA $DASH $ZEC $ONT $MKR $XEM $LEND $COMP $BAT $HEDG $KNC $SNX $OKB $ZRX $DGB $FTT $ALGO $AMPL $PAX $OMG $DAI $ICX $QTUM $HYN $REP $THETA $HBAR
$TMTG $DCR $ZIL $BCD $BUSD $ERD $TUSD $BTG $WAVES $ENJ $LSK $REN $SC $LRC $LUNA $RVN $NANO $BTM $DIVI $HOT $RLC $HUSD $MONA $BNT$ $NEXO $SXP
$AOA $DX $ZB $CKB $QNT $CEL $VLX $XVG $KAVA $IOST $SNT $CHSB $FXC $DGTX
$RSR $ABBC $BTT $KMD $MATIC $STX $BAND $ZEN $STEEM $STRAT $WAXP $BTS $TOMO $MCO $HIVE $KCS $SYS $ETN $GNT $MANA $ARDR $NRG $HC $XZC $ELF $ARK
$SERO $CHZ $VSYS $OCEAN $NMR $UBT $AE $AION $RIF $NPXS $WICC $SOLVE $NULS $PAXG $ANT $ONE $POWR $FET $CVT $DAD $MAID $MOF $DATA $ORBS $ELA $GT $EURS $REQ $STORJ $WTC $RDD $GXC $GNO $ANKR $CRPT $WAN $XDCE $WXT
$TFUEL $CTXC $IOTX $FTM $TT $HPT $MXC $RCN
FSN
OGN
UTK
KSM
DRGN
TRUE
XSR
BHT
PNK
NAS
PIVX
BEAM
FUN
XNS
PAI
ENG
WIN
IRIS
LOOM
SEELE
TSHP
MX
XHV
IPX
FX
MTL
POLY
IQ
WRX
MFT
CVC
CELR
GRIN
BOA
COTI
CHR
HEX
VEST
INO
CCXX
INB
BPS
CELO
TNC
MIN
BAY
LRG
ZLW
THR
XTP
MWC
BPC
WBTC
ICH
BRC
HMR
BOTX
TAGZ5
AIB
CNX
XIN
RUNE
DNA
SOLO
CCA
CENNZ
QC
KRT
GTN
PLF
NYE
ERC20
ATT
BDX
BTRS
SCC
FAB
JUL
VITAE
BXK
BNK
BCN
DEV
BTU
EWT
ELAMA
BRZE
BHD
QQQ
LVX
PNT
BCZERO
BTMX
CSC
EGR
NEC
IDEX
USDK
CPS
HNS
PLC
UNI
PZM
DAC
REV
BNANA
XNC
QBIT
KBC
XSN
ULT
XWC
AGVC
NET
CBUCKS
SURE
SUSD
C20
TRB
ONE
BZT
ECOREAL
HNC
RPL
SHR
APIX
CHR
GBYTE
BLZ
NOIA
WOM
LOKI
AGI
STMX
VGX
TRAT
PPT
IGNIS
ZEON
NEX
SWTH
CTCN
QSP
KAN
AMO
AVA
HXRO
DTR
GAS
QKC
VIDT
MBL
ARPA
FST
LTO
DENT
UQC
XT
MASS
DRG
DAG
BONO
VTC
WET
USDN
CRD
FLG
CON
MLN
CND
JWL
TNT
AKRO
LAMB
DUSK
SOL
ILC
GRID
EXE
EVN
AERGO
GHOST
LBA
GRS
BZ
NEST
ADK
BORA
EUM
STPT
NEW
IHF
BHP
APL
NXS
BTC2
ITC
BIP
FCT
VID
KIN
RDN
SNL
COS
QASH
CWV
TRV
ZT
GO
BIKI
TKN
TOP
JST
HYC
PCX
SNB
OXT
AWC
TROY
CRE
UNO
ETP
MED
LA
TTC
VI
ABT
PCN
UOS
BRD
FLETA
LBC
DOS
EMC2
SLS
DEC

[PENNIEStoSTACKS]

Bitcoin.com Wallet Users to Get Enhanced App Features via Partnership with Cred
Aug 21 2020 · 17:01 UTC | Updated 36 mins ago

https://www.coinspeaker.com/bitcoin-com-wallet-cred-partnership/

[PENNIEStoSTACKS]

I'm with you on that

[MindlessSelf]

I need a big drop before the big pop first :)

[PENNIEStoSTACKS]

Watch out for a big pop and run just before news of the big partner to come. Imo

[MindlessSelf]

I don’t day trade but this one jumps 1 to 2 pennies sporadically

[PENNIEStoSTACKS]

I'll buy as much as I can if that happens, big news expected somewhere towards the end of the month.

[MindlessSelf]

If this comes into the 0.15 range I may buy back in. I regret selling it earlier

[PENNIEStoSTACKS]

.01's coming soon ?

[Jdungan]

Possible GMAC secret partnership aka Ally Financial

In my post about Morgan Mackles, agent of dummy corporation "Stealth Startup Solutions LLC" (san francisco)... Where Meghan Gardler, Sr Finance at Cred just moved to, I speculated about Libra.

Might be.

But now I see that Morgan Mackles has a middle initial, "A".

So the Anagram would be "GMAC LOAN MAKERS" ... Formerly known as such, and now known as Ally Financial.

[Jdungan]

The Morgan Mackles connection: Libra?

Today on Telegram, some chat about Dan Schatt. But I recently read about some Meghan chick that had something to do with a $50m fundraising connected to Cred.

So I looked up Meghan Gardler and found a bunch of basketball fame stuff.

On linkedIn I confirmed that Meghan Gardler is the same one basketball as Cred. It is in her bio.

Then I noticed that as of August 2020 she is not with Cred now but instead "Stealth Startup".

Hmmm...

So I used openCorporates and looked up "Stealth Startup"... and found a San Francisco company whose agent is "Morgan Mackles"

LinkedIn shows morgan mackles as a business in SF so it is hidden.

I ran "MORGANMACKLES" through an anagram solver ... Zuckerbergesque ... And it solved "GMC Loan Makers".

Thoughts?

[Jdungan]

Can we use a different provider on this forum for LBA price? upBit is low volume / not close to current price. Currently trading everywhere at $0.0305. Upbit last trade was $0.0289, a 5% difference.

[PENNIEStoSTACKS]

Dan Schatt- "Prior to co-founding Cred and the Universal Protocol Alliance, Dan was PayPal’s GM of Financial Innovations, and published a book on Electronic Payments, Mobile Commerce and Virtual Banking."
https://www.crunchbase.com/person/dan-schatt-2

"Facebook Inc. unveiled a new group to pursue payments and commerce opportunities and put David Marcus, co-creator of its Libra cryptocurrency project, in charge of the initiative.
https://www.bloomberg.com/news/articles/2020-08-10/facebook-financial-formed-to-pursue-company-s-commerce-ambitions


"In addition, Dan Schatt, former head of financial innovation at PayPal, and Jeroen van Son, former head of financial innovation for Asia Pacific at PayPal, joined the blockchain financial services platform Libra in 2018. Credit.

It is worth mentioning that the former president of PayPal, David Marcus, left PayPal in 2014 and later joined Facebook. He became the head of Libra, the world's most popular blockchain project."
https://blocking.net/19779/paypal-can-not-escape-the-blockchain-true-incense-law/

[PENNIEStoSTACKS]

"Details of Facebook’s cryptocurrency, Libra token, revealed Tuesday after months of secrecy, could have a significant impact on the global financial industry, said Dan Schatt, co-founder, and president of Cred, the leading platform for crypto lending and borrowing."
https://mycred.io/blog/libra-token-blockchain-insiders

[PENNIEStoSTACKS]

Facebook Coin: How to Invest in Libra, Facebook’s New Cryptocurrency
https://www.bitcoinmarketjournal.com/facebook-coin/

[PENNIEStoSTACKS]

LOL FB with its 2,500,000,000 users would be fine by me

[Jdungan]

$LBA/$AST Cred/Airswap price correlation 8/12/2020 photo


https://mobile.twitter.com/JoshuaDungan9/status/1295861663342698499

When LBA ends up being governance token and is partnered with major public Companies, I presume Wall street may be buying LBA for vote powers. Hold tight, it is only a matter of time

[Jdungan]

Unexpected good things happen while we all play ??.

Nobody will believe the truth until it is public so for afaik it could be Google ??

[PENNIEStoSTACKS]

Looks like folks liked the Facebook connection Rumor more than this new one, its starting to selloff quite a bit.

[PENNIEStoSTACKS]

An Update on Digital Currencies
https://www.federalreserve.gov/newsevents/speech/brainard20200813a.htm

[Jdungan]

Cred Partners with Virtu Financial (NASD:$VIRT) [Rumors]

Earlier I recieved a photo on Telegram showing Virtu Token in CredEarn.

It is unconfirmed but perhaps...



VIRTU FINANCIAL CEO adds 52% to holdings 8/18/2020

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/insider-buying-virtu-financial-inc-123411374.html



Airswap.io (centralized hub for ethereum token swaps) + Virtu Financial

"In an interview with Bloomberg Markets, Michael Oved detailed his plans for AirSwap, one of a growing number of projects that seek to use the ethereum blockchain as a means to connect buyers and sellers directly. Oved says he hopes to draw in institutional investors, who would, through AirSwap, trade tokens through the use of smart contracts."

...

"“It’s impossible to shut down, and you don’t even need an account,” Oved told Bloomberg. “People won’t even know Chinese traders are on the system.”

Founded in 2008, Virtu gained notoriety for the success of its high-speed trading operations. It was reported in April that Virtu would buy HFT rival KCG Holdings in a deal valued at $1.4 billion."

(Source: https://www.coindesk.com/tag/virtu-financial)



The speculation here is regarding Cred's pending partner news.

If they EVER come out saying "Airswap" is new partner, you will know the connection to Virtu Financial in advance!

~not financial advice

Join Cred at https://mycred.io

[Jdungan]

For new holders: Map of connections and partners

https://kumu.io/vnbns/omg#omg

The above link contains a map of connections on the OMG network, of which Cred is connected in:

[url=https://ibb.co/nC2D8RD][/url]

This information is widely know among us who have been researching Cred for a long time but has mostly been kept to the Telegram chats.

Speculation about Cred & FB Libra is interesting and who knows... But in the mean time, I am fighting against hype without facts.

This project is underrated, undervalued, and overlooked.

I am 200k long on LBA, and would like to get the grassroots marketing started by doing the following:

#1 promote truth (partners and connections list , valid news)

#2 be positive but accurate

#3 promote gems from AMA videos so that search engines pick up the text of the video

#4 translate for china and korea and russia (added today)

#5 build the mycred . club site

[Jdungan]

chinese and korean message boards for translated news

I will happily post translated official news and AMA transcripts and post them here if you create a China & Korean LBA board for mycred.io / Cred (US) LLC $LBA

On Official telegram we talk about this need.

Thank you Admin :)

[Jdungan]

Cred news: Governance plans for LBA token announcement

Here is the Part from the July 2020 AMA about governance utility for the Cred (US) LLC $LBA token:

"People that hold Cred generally have
two three four programs with us
at any given time and we expect that
some of the future functionality with
Cred will relate to governance so that we can have the community have more of a say in our future product roadmap..."

(quote from Dan Schatt, CEO of Cred)

Source video:

They really need to get these videos posted at mycred.io website :)

[PENNIEStoSTACKS]

I downloaded the Brave Browser https://brave.com/?ref=pen744 then Uphold via Brave and trade LBA CRED on my phone in an instant

Brave has a coin as well

[PENNIEStoSTACKS]

Good to know and thanks for that

[Jdungan]

Use Coinbase Wallet + Uniswap dApp.

I buy this way.

The contract for LBA is:
0xfe5f141bf94fe84bc28ded0ab966c16b17490657

https://etherscan.io/token/0xfe5f141bf94fe84bc28ded0ab966c16b17490657

Liquidity is low so you can do small amounts or push the price

[Jdungan]

I made a list of partners and tweeted to @ihavecred to help fight hype spam. Cred is a legitimate insured and licensed lender out of California.

Here is my telegram post:

"Anyway.

Lets list current AND formerly announced partners, investors, etc. We can assume some may be "dead" but some are sleepers... Like Goldman Sachs.

Here are the ones I have. (I have sources too, but cant post links)

Binance
BitBuy
BitGo
Bitpie
Bitcoincom
Bittrex
Blockchain at Berkeley
Cannibis Industry (CredMerch)
CI Investments
CoinBit
CoinStats
Crypto Briefing
CryptoSlate
Dinwiddie Inc (NBA link)
Ebay (employee connections)
Edge
Facebook Libra (employee connections)
Goldman Sach (employees+)
Huobi
Ledger
Litecoin
Lockton
MXC
Netflix (employee connections)
NSA (employee connections)
Paypal (employee connections)
Perth Mint upXAU/Austrailia
Gov)
OkeX
PwC
*SOFIPADI*
TradeShift
Tron
Trust Token (TrueUSD?)
UK government
United Protocol Alliance
Uphold
Virtuse
Western Union (employee connections)"



There are more that I missed and major news coming this month per Cred.



Governance coming as well:



Transcript of July AMA

"Hi everyone.

I'm Dan Schatt, co-founder and CEO of Cred.

First, I hope you and your friends and your families are well in this environment. In this crazy time here, all of us at Cred are working from home... mostly in California but but also scattered a little bit throughout the US. I'm I'm speaking to you today from my home in California, but I hope everyone is well.

This is our AMA that is basically in august, ending july and and coming into august now. I've got a lot of great questions from you so I want to just jump right into them and and then give you some updates too.

So, the first set of questions here looks like it relates to the recent news related to the occ, the office of comptroller, that regulates national banks here in the US and their recent announcement basically giving the green light to financial institutions for offering up custody of crypto.

The questions are... basically... does Cred have any partnerships? how does this impact Cred?

Let me say this... you know when we built Cred, it was with this notion that there is no operating system for tokens today for conducting financial services for tokens. [and] You know our notion was that everyone could benefit, not just custodians and wallets and exchanges, but traditional financial institutions that realize that to stay relevant, they're going to need to be able to support lending and borrowing of tokens, in addition to lending a borrowing of fiat.

They would need to get involved as well with crypto and so, Cred today doesn't have banking partnerships but certainly we've been having a number of really interesting valuable conversations with the traditional financial community about this very thing. [and] Cred was really built as an operating system so that institutions can leverage Cred for this sort of thing.

I will say that many of us came from
paypal and when we first joined paypal our team found that most banks were skeptical about paypal… sort of the internet payments, and by the time many of us left paypal we had thousands of banks that had integrated paypal services to make their banking capabilities stronger. [and] I like this expression... history doesn't
repeat itself but it often rhymes.


Really I see the same thing here. Most banks will not look to build their own crypto banking / crypto lending borrowing capabilities … hire a bunch of solidity developers or bitcoin developers.

They'll likely work with people they feel that are legitimate, compliant, [and] licensed in the space. Just as banks have outsourced work in online lending and online banking and bill payment, we expect banks to also license with providers like Cred..."

[PENNIEStoSTACKS]

Jumped back in at .029+ yesterday, this thing could explode big time if this new partner is a big one.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157641650

[PENNIEStoSTACKS]

CEO and Co-Founder Dan Schatt July 2020 Updates • Aug 3, 2020

Timeline 11:00 to the end, very important.

[PENNIEStoSTACKS]

Cred's LBA Token

[PENNIEStoSTACKS]

https://mycred.io/earn They're partners with quite a few others

[PENNIEStoSTACKS]

It popped a little then dropped, looks like the run is over for now,.

I'll be watching for bottom again, they stated

"ANNOUNCEMENTS"
https://twitter.com/ihaveCred/status/1293593230114578432

Who know's it could have something to do with this.

Coinbase to Offer Bitcoin-Backed Loans to US Customers
https://www.coindesk.com/coinbase-to-offer-bitcoin-backed-loans-to-us-customers

[PENNIEStoSTACKS]

.0387 Heading back up https://www.livecoinwatch.com/price/Cred-LBA

[PENNIEStoSTACKS]

New support https://www.tradingview.com/x/X3hyrIgF/ Needs to hold

.0375

[PENNIEStoSTACKS]

It bounced off the .041 support and is moving back up

https://www.livecoinwatch.com/price/Cred-LBA

[PENNIEStoSTACKS]

I use UPHOLD to trade LBA which I got from the BRAVE BROWSER