Just tried to send money from wallet to cryptopia and two transactions are not showing.........
Is this coin dead or/and a scam ?
Topic: CORION - Price stable cryptocurrency - Always around $1 - page 2. (Read 21101 times)
I feel like this is new Tether (obviously) and it shouldn't be used other than quick trades. 1 dollar is 1 dollar, nothing will be completely set to that price using coins. It won't work.
It is indeed easy to get the price back to $1, but keeping it there is difficult. Lot's of traders at Cryptopia bought CORION and are waiting for a profit. If the price is rised to $1, then they certainly will sell and the price will drop again. So 1.5 BTC is not all what is needed.
There are also still some ICO investors waiting for a good price to sell their amount. And last, investors who desperately need some cash and investors who think that there could be more profit in other coins will also sell at higher price levels.
The stabilisation fund should have been used from the moment that CORION was listed at Cryptopia, but they waited to long. The CORION foundation tried it a couple of times, but didn't expect to see such sell orders after they rised the price and now it is to late.
When in januari the coin would be delisted from Cryptopia and there will be an internal wallet, then after all day traders sold their coins (to the CORION foundation), the CORION will be stable...
are you sure Corion would be delist from cryptopia?
any exchange will coming soon?
I'm not sure it will be delisted, but my guess is that when there is an internal exchange in the wallet where the price will be always around $1, that other exchanges are to risky because of possible volatility of the coin prices. The CORION devs are hard working to deliver the new wallet on time before the end of this month.
It is indeed easy to get the price back to $1, but keeping it there is difficult. Lot's of traders at Cryptopia bought CORION and are waiting for a profit. If the price is rised to $1, then they certainly will sell and the price will drop again. So 1.5 BTC is not all what is needed.
There are also still some ICO investors waiting for a good price to sell their amount. And last, investors who desperately need some cash and investors who think that there could be more profit in other coins will also sell at higher price levels.
The stabilisation fund should have been used from the moment that CORION was listed at Cryptopia, but they waited to long. The CORION foundation tried it a couple of times, but didn't expect to see such sell orders after they rised the price and now it is to late.
When in januari the coin would be delisted from Cryptopia and there will be an internal wallet, then after all day traders sold their coins (to the CORION foundation), the CORION will be stable...
are you sure Corion would be delist from cryptopia?
any exchange will coming soon?
Hey.
Tell me, only I have a problem with withdrawing funds from the purse of Corion?
Already 2 months I write in support, but every time I'm sent to wait!
Why such an irresponsible approach?
Who knows who to turn to?
And after all, I paid for it at the time of ICO Corion.
Tell me, only I have a problem with withdrawing funds from the purse of Corion?
Already 2 months I write in support, but every time I'm sent to wait!
Why such an irresponsible approach?
Who knows who to turn to?
And after all, I paid for it at the time of ICO Corion.
What is your problem? Is your wallet 'watch only' or 'for use'? If 'watch only' then read this (if you didn't already): http://blog.corion.io/headline/corion-announcement-wallet-unlock/
Hey.
Tell me, only I have a problem with withdrawing funds from the purse of Corion?
Already 2 months I write in support, but every time I'm sent to wait!
Why such an irresponsible approach?
Who knows who to turn to?
And after all, I paid for it at the time of ICO Corion.
Tell me, only I have a problem with withdrawing funds from the purse of Corion?
Already 2 months I write in support, but every time I'm sent to wait!
Why such an irresponsible approach?
Who knows who to turn to?
And after all, I paid for it at the time of ICO Corion.
I do hold a few corion coins but i do not think that the price should be locked, the market should decide the right price of any coin.
CORION will be stabilized around $1, say plus or minus 3 cents. This makes CORION fairly unique. The market does not control the price, but the market cap. Lot's of ordinary people don't want to get involved in the future because cryptocurrencies are to volatile. If they can buy a bread for $1 in crypto today but need to pay $1.50 a day later then you can see that volatility of coins is not a good thing.
I do hold a few corion coins but i do not think that the price should be locked, the market should decide the right price of any coin.
Is this project dead or is there another channel with more updates as it is way too quiet!?
This project is not dead, but people are waiting for the wallet update in januari. More info is in the Telegram group.
Is this project dead or is there another channel with more updates as it is way too quiet!?
The price for COR tokens as suggested by the developers and written in their technical documentation was to be stable and equal to $ 1 and if the price of the token fell below $ 1, then the project was supposed to hold the price of the token in the region of $ 1 but in practice the price of COR was below 0.65 cents but the project did not raise the price of the token to $ 1.
3 Reasons:
1 BTC is dropping (now, not the past weeks).
2 Daytraders on Cryptopia don't know the CORION system. The buy, wait for 5-10% profit and sell. This is to much fluctuation and can't be corrected. That's why CORION is working on an internal exchange where day traders have no influence.
3 ICO investors who only wanted quick profit. Take the 25% bonus, sell as soon as the ICO is over.
2 and 3 combined is to much for the stabilization fund. Expected in januari, the new wallet with internal exchange will arrive. Then CORION would probably be delisted at Cryptopia and thgen the price can be stable at $1 +- 3% (?)
Order books are so thin that I don't believe that you can't rise the price above $1 with just a couple of BTC. I just checked and the way to 9000 sat is just 1.46626273 BTC , how much is the fund? 1 mBTC?
There are also still some ICO investors waiting for a good price to sell their amount. And last, investors who desperately need some cash and investors who think that there could be more profit in other coins will also sell at higher price levels.
The stabilisation fund should have been used from the moment that CORION was listed at Cryptopia, but they waited to long. The CORION foundation tried it a couple of times, but didn't expect to see such sell orders after they rised the price and now it is to late.
When in januari the coin would be delisted from Cryptopia and there will be an internal wallet, then after all day traders sold their coins (to the CORION foundation), the CORION will be stable...
The price for COR tokens as suggested by the developers and written in their technical documentation was to be stable and equal to $ 1 and if the price of the token fell below $ 1, then the project was supposed to hold the price of the token in the region of $ 1 but in practice the price of COR was below 0.65 cents but the project did not raise the price of the token to $ 1.
3 Reasons:
1 BTC is dropping (now, not the past weeks).
2 Daytraders on Cryptopia don't know the CORION system. The buy, wait for 5-10% profit and sell. This is to much fluctuation and can't be corrected. That's why CORION is working on an internal exchange where day traders have no influence.
3 ICO investors who only wanted quick profit. Take the 25% bonus, sell as soon as the ICO is over.
2 and 3 combined is to much for the stabilization fund. Expected in januari, the new wallet with internal exchange will arrive. Then CORION would probably be delisted at Cryptopia and thgen the price can be stable at $1 +- 3% (?)
Order books are so thin that I don't believe that you can't rise the price above $1 with just a couple of BTC. I just checked and the way to 9000 sat is just 1.46626273 BTC , how much is the fund? 1 mBTC?
The price for COR tokens as suggested by the developers and written in their technical documentation was to be stable and equal to $ 1 and if the price of the token fell below $ 1, then the project was supposed to hold the price of the token in the region of $ 1 but in practice the price of COR was below 0.65 cents but the project did not raise the price of the token to $ 1.
3 Reasons:
1 BTC is dropping (now, not the past weeks).
2 Daytraders on Cryptopia don't know the CORION system. The buy, wait for 5-10% profit and sell. This is to much fluctuation and can't be corrected. That's why CORION is working on an internal exchange where day traders have no influence.
3 ICO investors who only wanted quick profit. Take the 25% bonus, sell as soon as the ICO is over.
2 and 3 combined is to much for the stabilization fund. Expected in januari, the new wallet with internal exchange will arrive. Then CORION would probably be delisted at Cryptopia and thgen the price can be stable at $1 +- 3% (?)
The price for COR tokens as suggested by the developers and written in their technical documentation was to be stable and equal to $ 1 and if the price of the token fell below $ 1, then the project was supposed to hold the price of the token in the region of $ 1 but in practice the price of COR was below 0.65 cents but the project did not raise the price of the token to $ 1.
Hi Dev, tell me how to connect your purse with the tokens of the COP to the service provider that you need to do if you have instructions I ask you to write them in this thread. You say that with the release of a new purse, the tokens will be removed from the exchange, why the project removes the tokens from the exchange? It seems to me that tokens should be traded on different sites so that there is a great interest in tokens.
Hi, I'm not one of the devs, but do know the system.
I made some tutorial movies and one of them is about connecting to the service providers. See https://www.youtube.com/channel/UC_sgitx1bYyCLrcikPVNO8w/videos
The CORION token is not like any other token. Exchanges are for the majority used for day trading and CORION is designed to be used as a daily payment method. Day traders are only interested in quick profit, but with a stabilizing method there will be no profit at exchanges, but the influence of day traders disrupts the stabilization. With an exchange in the wallet only, the price will be more stable and investors who have there wallet addresses connected to a service provider will gain profit if there is demand for CORION. When more and more CORIONS can and will be used as a payment method, demand will rise and so is the profit.
It's very interesting idea, but do you have a view how to realize it technically?
The stabilization is based on coin emissions when there is demand. If there is no demand enough, and the price will drop, then 80% of the transaction fees will be burned. If that is not enough to stabilize the price, then the stabilization fund can buy CORIONS to stabilize the price around $1.
It's very interesting idea, but do you have a view how to realize it technically?
Hi Dev, tell me how to connect your purse with the tokens of the COP to the service provider that you need to do if you have instructions I ask you to write them in this thread. You say that with the release of a new purse, the tokens will be removed from the exchange, why the project removes the tokens from the exchange? It seems to me that tokens should be traded on different sites so that there is a great interest in tokens.
What is the difference between the token CORION Premium from CORION tokens where I can now buy CORION Premium tokens and how much is 1 CORION Premium token. I did not see that CORION Premium tokens are being sold on the cryptopy exchange, where only the CORION tokens are sold. When will the project start working normally and give profits to investors?
CORION is the main token. The CORION Premium is a kind of share where you get dividend for. There are only 852 CORION Premium tokens, ever. The CORION Premium is not on any exchange. In the near future, when the CORION wallet will be updated, then the wallet gets an internal exchange and there you can trade the CORP, but they will be very valuable. I don't know if you the CORP can be split in fractions.The system is working as it should, except for the stabilization fund which is nearly used to stabilize close to $1. You get profit if the price is $1 or higher. There is a marketing campaign ongoing and when the new wallet in early 2018 will be functional, then CORION will probably be removed from the exchange because the new wallet gets an exchange and a couple more coins will be added, like BTC and ETH and even fiat in the near future.
CORION is not meant for day trading, but for long term investments and for a payment system in daily life.
Damn, this coin really is solving a lot of problems that other coins have. I mean, stabilization is a big problem in the crypto world. It is very very hard to achieve. And with this, it just might happen. I mean, this could really work! If i may ask, what is the price of corion today? Really am interested on how this is gonna move later on.
What is the difference between the token CORION Premium from CORION tokens where I can now buy CORION Premium tokens and how much is 1 CORION Premium token. I did not see that CORION Premium tokens are being sold on the cryptopy exchange, where only the CORION tokens are sold. When will the project start working normally and give profits to investors?
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