how many coins are being mined per day at the moment? is it the same as the coins being dumped because thats a lot of coins
its 240sec blocktime and 8 ONIONS per block, so about 2880 per day if im not wrong (this is for PoW)
PoS is about 10% per year
well 3k coins dumped each day will not cause this much of a drop or am i wrong? so who is selling and why at this price
Alot of dumpers from airdrop, many people had fake account, some were even found with 9 accounts. If they goes undetected they can do alot of damage. But we are having less and less dumpers. The team is doing an awesome job filtering them out and are getting pretty good at detecting them.
We should all thank them for that!
The current supply is 3M coins and there's 110k to sell and only 5 btc of buyers right now. So the price isn't liquid at all right now. Hell i could dump all my coins and the price would fall 90% .
So the actual price doesn't reflect the reality at all, thats why i was asking for the community to get together and buy a cryptopia listing. The price would be much better right now and people would not complains. (Well its not true since people ALWAYS complain about EVERYTHING, but you get the idea)
