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Topic: CORION - Price stable cryptocurrency - Always around $1 (Read 21087 times)

newbie
Activity: 2
Merit: 0
Corion is SCAM. I had problems with the SWAP. Contacted the team 4 months ago over zendesk. See my correspondence below. Im sure guys, these are scammers!

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Hi guys,
i contacted you months ago regarding the SWAP. I had problems, but didnt receive any support. Now ive contacted my lawyer and he found people with the same issue. 
I think were going to court, could be a struggle, but at least media and people get the importanc. 
After logging in there is recently not even a dashboard.
Im sure, you guys are scammers. And promise, ill report this!


Gesendet: Montag, 18. März 2019 um 16:37 Uhr
Von: "corion" <[email protected]>
An: "Ayhan Bayram" <[email protected]>
Betreff: RE: Your Corion support ticket 692
##- Please type your reply above this line -##
Dear Ayhan Bayram,

We are sorry if the previous e-mail did not give the answer for your query.

We are reviewing the case and we will get back to you shortly. Please note that the review process can take a few days.

Many thanks for your kind understanding and we are sorry for any inconvenience caused.

Kind regards,
Corion support

This email is a service from Corion. Delivered by Zendesk
[Z3V703-K7P6]
member
Activity: 413
Merit: 17
Can someone please provide some background on this corionx swap ?
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
If it won't be on major exchanges there will be no need in it. On what exchange we can see this coin?

It's not the fact that it won't be on major exchanges, the fact is that this had a good idea but they didn't have the skills to take it to life. Just forget about it and move one
full member
Activity: 644
Merit: 100
If it won't be on major exchanges there will be no need in it. On what exchange we can see this coin?
copper member
Activity: 301
Merit: 10
simply getting the job done
So you are trying to create a stable coin that is not backed by real dollar but by some algorithm right? For me dollar backed stablcoins are more trusted  Lips sealed.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
What the hell happened to this coin ?

Happened that this is the shittiest project ever. Want to transfer your tokens? You have to pay a huge amount of Gas beacause the token contract call ten+ other contracts functions. Price pegged to dollar? Sure, right now is worth $0.06, last at $1 was like one year ago
member
Activity: 413
Merit: 17
What the hell happened to this coin ?
member
Activity: 85
Merit: 10
Dutch CORION Provider
The team was never in this topic. I have frequent contact with the team and know that there will be an announcement soon, which the team also posted in the Telegram group.
hero member
Activity: 2338
Merit: 757
It seems like the team didn't left the project yet but left this thread which may causes the lost of a large number from the community. The wallet is still under developement for more functionalities.
full member
Activity: 210
Merit: 100
It's funny that db71  kept saying let's wait till January in past posts. It's April now and he still think it's not dead and give people empty dreams.
member
Activity: 85
Merit: 10
Dutch CORION Provider
is this project dead?
Certainly not. The devs are working on an exchange within the wallet. CORION should be a stable price currency, but the crypto exchanges cause to much instability. In the near future CORION probably won't be listed at exchanges anymore and there will be an exchange in the wallet where you can buy and sell CORIONS for a nearly fixed $1 price. From then the demand based coin emissions will start again. This means that every 3 hours there will be a check, are there more CORIONS bought than sold, then a coin emission of 0.3% will occur.

Check the telegram group for more info: https://t.me/joinchat/DZiAgEN27oGI9LVfEzsf_w
hero member
Activity: 666
Merit: 500
is this project dead?
member
Activity: 413
Merit: 17
Gotta say, it's not really stable at $1, besides, why do we need this? We have Tether(USDT).

CORION is different from Tether. I'll advise you to check the whitepapers @ http://coin.corion.io and read for yourself why CORION is different from Tether.

And the price... it will be $1 again very soon. The devs are working on a new wallet with an exchange inside the wallet and when this new wallet is released, then the price would be stabilized at $1 in a couple of days/weeks...

Great support...coins now on cryptopia!

Thanks again!
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
Quote from: Corion Team via Telegram:
Dear Corioners,

We would like to inform you gladly that our first outcome of our development work will be released on Tuesday, January 23. Therefore we will be doing maintenance work in between 10 AM and 2 PM CET Timezone.

Our team worked hard over the last period and the first part of the year to make this change happen. Firstly we will renew the Corion Wallet. We completely refactored the frontend and backend code which will lead us to more modularity and to a major step up regarding security. The system got migrated to AWS which affects the performance level in a really positive way. We have changed the ETC client to Parity and because of the no more “Node out of sync” messages for you! These changes and refreshed working methods could seem to be conspicuous but our development team worked really hard over 3 months with the main focus of redefining the Corion platform and by that presenting a rock-solid stable system for our users.

Please do not forget to plan your wallet according to the maintenance what we will be doing in between 10 AM and 2 PM CET Timezone January, 23.

We wish you a great and successful week,

Your Corion Team

Have you moved to Parity client for ETC?

About supply, if I remember correctly there are no plans to reduce supply which is very low at the moment by the way
newbie
Activity: 182
Merit: 0
Noob question... if the price rises, and more coins are released to lower the price, do they exist forever? How is the supply reduced when that is what is required to get back to around a dollar? In other words, say the price goes way up, and tons of coins are released to drop it down. But then the price drops way down, all those coins are still out there. I understand how you increase the supply. I don't understand how you decrease it. Do you just wait and hope demand increases on its own, bringing up the price?
member
Activity: 85
Merit: 10
Dutch CORION Provider
Quote from: Corion Team via Telegram:
Dear Corioners,

We would like to inform you gladly that our first outcome of our development work will be released on Tuesday, January 23. Therefore we will be doing maintenance work in between 10 AM and 2 PM CET Timezone.

Our team worked hard over the last period and the first part of the year to make this change happen. Firstly we will renew the Corion Wallet. We completely refactored the frontend and backend code which will lead us to more modularity and to a major step up regarding security. The system got migrated to AWS which affects the performance level in a really positive way. We have changed the ETC client to Parity and because of the no more “Node out of sync” messages for you! These changes and refreshed working methods could seem to be conspicuous but our development team worked really hard over 3 months with the main focus of redefining the Corion platform and by that presenting a rock-solid stable system for our users.

Please do not forget to plan your wallet according to the maintenance what we will be doing in between 10 AM and 2 PM CET Timezone January, 23.

We wish you a great and successful week,

Your Corion Team
member
Activity: 85
Merit: 10
Dutch CORION Provider
Gotta say, it's not really stable at $1, besides, why do we need this? We have Tether(USDT).

CORION is different from Tether. I'll advise you to check the whitepapers @ http://coin.corion.io and read for yourself why CORION is different from Tether.

And the price... it will be $1 again very soon. The devs are working on a new wallet with an exchange inside the wallet and when this new wallet is released, then the price would be stabilized at $1 in a couple of days/weeks...
member
Activity: 413
Merit: 17
Just tried to send money from wallet to cryptopia and two transactions are not showing.........

Is this coin dead or/and a scam ?

I have opened a support case, let's hope they moved quicker than ETN support!!!!!
full member
Activity: 392
Merit: 101
PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr
Gotta say, it's not really stable at $1, besides, why do we need this? We have Tether(USDT).
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