Cryptoprivacy
Member
 Offline
Activity: 119
Merit: 10
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September 12, 2017, 11:03:57 PM |
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Hey guys.
I'm curious what devs think about this issue.
Just checked trading volume for 24hours of ONION on coinmarketcap and it's only 14k USD. Most of coins with the similar market cap have much bigger trading volumes. Don't you find this as vulnerability? In current conditions when DeepOnion faces attack in bitcointalk it is very easy for attackers to influence the price.
Also at current conditions limited number of users receive ONIONS (approx 300), and they receive and accumulate more and more coins what makes more danger in future for sudden dump by several actors.
As for me it is crutial for now to do 2 things:
1. Raise trading volumes so ONION will become more resistant against price manipulation and dumpers.
2. Spread distribution to more users, so less people will hold in their hands to many coins that is potential danger of dump before and after 40th airdrop
i think deeponion is still in early stage so price vulnerability is not that important yet. as more features are being added to deeponion platform, there will be more people getting interests and more and more people will buy and sell and use this coin. this will naturally result into higher trading volume. you have a point - distribute the coins to more people. it takes time and good distribution management. Nice analysis from sabbathhawk, was thinking about this as well. And agree with hardinero007 that CURRENTLY the price vulnerability is not the most important thing. It is normal that with such low daily trading volumes each trade has quite big impact on price. The question is, how to increase the trading volumes in a natural and healthy way? Even if DO is listed on some better exchange, the free float (and trading volume) will be still very low, because at least 90 % of airdrops must be kept in the wallets. From the personal point of view, I am a big fan of the dedicated hodlers, but purely from the economic point of view, we need the dumpers as well. Correct me if I am wrong, but the current free float of DO was created mainly by these unpopular dumpers. Without them, there would be almost no DO to trade. I understand that some kind of DO protection is important in this phase, but in my opinion it should be treated very carefully in order to avoid negative impacts of "overprotection". Sooner or later, it will be anyway only the free market which will decide about the price of DO and I can imagine that the market (investors and potentially some exchanges as well) would not be happy about cca 300 "whales" with ability of price manipulations. Therefore it is very important for the success of DO to choose the appropriate level of protection for each phase of the project, which is definitely not an easy task for the Dev team. |
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hanskan
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September 12, 2017, 11:08:26 PM |
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Is the new signature now compulsory or not ? I like the old/current one better
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theuploader
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September 12, 2017, 11:12:41 PM |
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Is the new signature now compulsory or not ? I like the old/current one better
As I know, for the moment it's optional. but who knows maybe it will be an obligation  |
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SwaveyMane
Newbie
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Activity: 45
Merit: 0
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September 12, 2017, 11:20:37 PM |
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how can one be part of the airdrops. i would like to do a wallet review video on youtube.
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JesusCryptos
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September 12, 2017, 11:27:13 PM |
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I guess the 100,000 onions on sale in the Nova order book must (or at least should) come from the people who have been thrown our of the airdrops. In this case theoretically they should finish at some point, when someone buys them, and then the price should start to rise again. In theory. I guess soon we'll find out...
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solarrobot
Member
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Activity: 112
Merit: 10
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September 12, 2017, 11:30:50 PM |
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Is the new signature now compulsory or not ? I like the old/current one better
the last one was optional, until they made it mandatory at the last minute. I wouldn't wait. In fact i guess i will do that right now (thanks, didn't know there were new signatures) |
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themonkii
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September 12, 2017, 11:36:55 PM |
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Congrats to all of you Farmers out there that managed to rank up today to collect an even larger cut of the cake!
D-Day minus 3 folks, wooohooo!
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simrac
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September 12, 2017, 11:38:21 PM |
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Today ,bitcointalk update rank for member , i think we will have new people join deeponion 's community ,i hope everyone will support for this project and we have a success story , welcome to deeponion forum official.
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Raizou
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September 12, 2017, 11:44:44 PM |
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I really like this coins and i hope buy some as soon as price drops to 0,10/0,15cent.
I do not pay premium price for tokens that are beeing given every week, so i have to wait a few more time to buy.
But the project is very nice.
Why do you talk like you know something? Will you dump your coins to buy DeepOnion at $0.15? We are approaching Deepsend and you talk about prices below $1? Who are you? We will keep an eye on your actions. |
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t3ChNo
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September 12, 2017, 11:48:41 PM |
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I'll check this out later specially the weekly video. Almost missed it. |
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tk808
Legendary
Offline
Activity: 1512
Merit: 1124
Invest in your knowledge
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September 12, 2017, 11:57:26 PM
Last edit: September 13, 2017, 12:28:00 AM by tk808 |
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A lot of people are watching Onion, due to the amount of support and total activity it's receiving, enough for some big guys to take note.
In regards to when Onions airdrop ends, there will be a good chance for a major exchange to pickup onion, if the moderators/devs/community managers and you guys, keep pushing forward and making this coin the best it can be.
Keep it up guys, the coin and community is looking great.
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markjeffrey
Newbie
Offline
Activity: 18
Merit: 0
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September 12, 2017, 11:59:13 PM |
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Interesting. I've been contemplating what a 'no ICO' debut would look like. It's not so odd: this was exactly how Bitcoin began. It might not be such a bad idea.
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themonkii
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September 13, 2017, 12:18:33 AM |
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I'll check this out later specially the weekly video. Almost missed it. I'm hurt. |
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shotgun1969
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September 13, 2017, 12:33:41 AM |
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Interesting. I've been contemplating what a 'no ICO' debut would look like. It's not so odd: this was exactly how Bitcoin began. It might not be such a bad idea.
you really are a newbie most of us that been around a long time wont even look at a ico. you think there good but this is just the second round the first round took place in 2014 and it didnt fly very well ico"s suck dude face it. New coin launches rock real coins not ico"s screw token crap. |
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gigabyted
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September 13, 2017, 12:45:08 AM |
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Maybe a way to increase volatibility would be to create a gradual selling rule, like the 90% should get lower and lower thru time.
That way even with a small exchange it could increate the supply and reduce the risk of attack or price volatibility.
What do you think?
PS: I haven't sold a single ONION yet...
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mevmike
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September 13, 2017, 12:52:56 AM |
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I JUST WANT TO MAKE A PUBLIC ANNOUNCEMENT  I just became a member here on bitcointalk.org today. And changed my signature using the automatic insertion of user id in the new signature.. If you can see any mistake or anything wrong with my signature please do tell me... Thank you!!! |
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themonkii
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September 13, 2017, 12:57:47 AM |
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I JUST WANT TO MAKE A PUBLIC ANNOUNCEMENT I just became a member here on bitcointalk.org today. And changed my signature using the automatic insertion of user id in the new signature.. If you can see any mistake or anything wrong with my signature please do tell me... Thank you!!! Looks good to me, and congrats! Keep up the positive work  |
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mevmike
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September 13, 2017, 01:05:30 AM |
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I JUST WANT TO MAKE A PUBLIC ANNOUNCEMENT I just became a member here on bitcointalk.org today. And changed my signature using the automatic insertion of user id in the new signature.. If you can see any mistake or anything wrong with my signature please do tell me... Thank you!!! Looks good to me, and congrats! Keep up the positive work I opted to choose the old one... There was so many information with the new one. Maybe i'll just change to the new one if its all good after the airdrop.. |
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