Post
Topic
Board Altcoin Discussion
Re: CORION - Price stable cryptocurrency - Always around $1
by
db71
on 18/12/2017, 12:50:37 UTC
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.