after hitbtc started to receive aeons yesterday, the price dropped from 30k to 15k, so be careful on bittrex, it probably will hit the ground as well!
All my AEONs beside 3 i mined last week are on Bittrex for many many months. So what should I be worried about? Their number will halve? what please tell me.
I think he means the price will fall extremely as high as falling by 50% in value once deposits are back again in Bittrex. His reasoning is there will be a lot of people who will want to cashout from Aeon now because of its instability.
Instability?
AEON made x100 just?
Traders will trade, miners will sell, investors will buy. All this will keep happen.
AEON was super stable till September 2016. After that was a bit less but still way more then some other coins in last 3 months. In one year trend you see huge increase from few 1000 satoshi to few 10000 satoshi so like x10. But if you look only from September till now, what will soon be a year, price was only between 5000-50000 satoshi. So again x10 even at peaks.
If we focus only on last 4 montsh of Crypto madness when all crypto escalated we get this chart. Price went from 10000 satoshi to 50000 satoshi and is now at 20000.
There are small coins that had 10 times bigger oscillations. So are 10 times last stable. Or even more. I do hope you are not comparing AEON with Bitcoin or Monero since they are light years apart.
, it's just fascinating, I'm stuck in it :-) .
