Quote from: tempus on October 27, 2018, 07:53:36 PM

Quote from: Ndok88 on October 27, 2018, 07:20:02 PM

I think because trading competition conducted by Cobinhood occurs 2 x 10 (days).
Winners ranked 1-10 get svd token with a total of 288k tokens every day and that means the svd shares total of 5,760,000 free tokens.
And what happens at Cobinhood the traders sell and buy at the same price as the number of trading volumes up to billions of tokens every day, and there are no fees so they can do that without experiencing any losses at all and with one goal to be a winner in that competition.
I knew that because I was one of those who took part in the competition ... and became winner eventhough I was never able to reach ranks 1 through 3.

In my opinion trading competition using cobinhood that has no fee is to raise the volume of trade every day was good idea, because if you use hitbtc, the trading volume will not match the volume that has occurred in cobinhood, but it seems that there has been a strategic error that the SVD team might expect because trading volume in cobinhood has never been recorded in cmc, and that does not raise the ranking or prestige of savedroid

Ah, okay. That seems to be it - just compared the competition-announcement with the volume and it perfectly fits.

But anyway, my point was not that much about how exactly the volume was generated, if by wash-trading-bots or whatever, but that it wasn't natural daily volume as a result of real interest.

If we look at the SVD-markets there are several problems in my opinion:

1) Volume is low obivously
2) Price is about 94% below ICO-price or with other words: It would need x16 just to reach ICO-level again
3) I don't believe that Savedroid will get to that level out of own strength again

What would most likely help the price? A bull run like 2017. And I'm very optimistic that we'll see something like that again, but I doubt it will be in the next months.

Out of perspective of those who are invested (I'm not) and when a price has gone down hard, there are usually two ways while second often follows first:

1) First People often refuse to sell at a huge loss because that would realize it (it's a psychological barrier)
2) Some (and over time often a growing number of people) realize the loss to take other opportunities

All goes down to the simple question if Investors believe to have more chances to make it back by holding SVD, or selling it to put the money in something else. That in combination with 1) time, 2) increase of circulating supply over time, 3) watching other projects going up is likely to keep the price under pressure.

agree with your view👍👍
As long as there is no real improvement in this project, do not expect any growth in trading volume or token prices. there are only fake tricks to manipulate facts.
as investors who have felt a very big loss from this project will start selling their tokens in other words willing to accept the investment mistakes that have been made and glance at other projects with far more brilliant future