Post
Topic
Board Altcoin Discussion
Re: CORION - Price stable cryptocurrency - Always around $1
by
Suslived
on 26/11/2017, 11:17:41 UTC
I don't get it. Can you ELI5 (explain like i'm 5) how a coin, which is driven by supply and demand on an exchange can, as you say, maintain its $1 value? What if a big whale sells 1000000 million corion coins at $0.0001?

I don't see how that can be done without manipulation. Sounds like a scam if you can't explain it simply.