Post
Topic
Board Altcoin Discussion
Re: CORION - Price stable cryptocurrency - Always around $1
by
Suslived
on 27/11/2017, 01:22:41 UTC
If the price drops below $1, then transaction fees will be burned. If the price keeps dropping, only then the stabilization fund will be used to stop the dropping.

Ha. Heres some food for thought:

1. The transaction fees will be burned? You think having a shitcoin with no transaction fees will cause it's value to rise?
2. Your stabilization fund should be called manipulation fund. Do you think you will have enough funds to influence the market? And if ever you do have enough, why would you in the first place?

Red flags everywhere.