Quote from: cukimot on January 08, 2018, 08:58:53 PM

Quote from: db71 on December 24, 2017, 02:32:35 PM

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...

hello db71
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.