🧅 [ONION] Privacy Coin with Real Use Cases 🔥 LIMITED SUPPLY Privacy Project ⚡

Darn, I wish I would have found Deep Onion 33 airdrops ago Undecided

Anyway, hello everyone. I am new to Bitcointalk but not crypto in general. However, I'm a long time lurker on these crypto boards so I just wanted to say hello to the community.

After doing my research on this coin, the thing that I love the most is the fact that it's such a small cap coin. With only has a max supply of 25mil and such an outstanding community and support, this coin could/should be sky high. Obviously support from a larger exchange than Kucoin or Cryptopia (nothing against either of them, I use them both occasionally) would do wonders and provide real legitimacy.

However, I do have one concern that perhaps those who've been following this coin for a while can answer for me: When the airdrops end, what's to keep everyone from dumping and moving on? Is Deep Onion going to find another way to reward it's hodlers?

Welcome here and glad you have decided to join the discussion!

It is a valid concern and it is something that is partially addressed in the WhitePaper. It is a risk and I actually hope a big dump happens since then I can pick up some really cheap $ONIONs. You have to remember that the AirDrops aren't the end of the projhect but just the end of that Airdrop marketing campaign. The technology fundamentals will not change, you will still have 10% annual staking, the Deepvault feature and (at that time) WooCommerce Plug-in, Stealth Addresses and VoteCentral. The community support that have been here from the beginning will not just end at the 40th AirDrop. If all the community wanted was to make some money then they would ahve liked as few people as possible to join the AirDrop and not spread the wealth around. The spread the AirDrop has achieved will act as "support" going into the future, which was the whole idea of the AirDrop in the first place.

As the AirDrop finishes (as I understand it) it will be possible for DeepOnion to be added to Binance, Bittrex and other big exchanges. This would cause a big boost in price, following this are Zero-Knowledge Proofs, DeepSend and private Smart Contracts. As those are released I don't see much stopping DeepOnion from joining the other giants in the crypto space.

Sorry for ramlbing on but they are important points, back to the matter at hand. Will not some want to "dump" their coins after the AirDrops?! Short answer: Yes that can very well happen. BUT! In this case, DeepOnion being a small-cap coin actually is a benifit. If a bunch of people start to dump their coins (with the current volumes) the price would go down very quickly and no one will want to sell their coins for to low a price. There is just no point!

My personal prediction is this: CLosing in on the 40th AirDrop DeepOnion will have a drop in price as some people take profits, some people will buy it up getting a bigger piece of the pie for the 40th AirDrop. After the Airdrop some people will sell for some short term profits and again we will have a drop in price. But I believe this drop will be temporary and a good buying oppurtunity, that is the way I see it anyway.

I don't know if this answered your question but this is my view on the matter. I am not a finacial expert or even a that knowledgable. I just base this on my perspective, thoughts and experience that I have.

AHHHHH, gotcha! This all makes so much sense. With such a huge community and almost what appears to be a family, it doesn't seem to me like many "family members" will be leaving Deep Onion after AD40.

However, can you clear up the part about Binance for me please? Deep Onion can't be on Binance/Bittrex/etc.. as long as they are still doing the airdrops?

I'm truly baffled.... with a community and support like this, and ESPECIALLY with such a small circulation (10 million), I can't figure out why this isn't up there with Monero? It HAS to be 100% marketing/promotion, and the lack of access (larger exchanges). This "hiring a public hero" as listed on their roadmap should help immensely.... provided they get the right person/team.

The more I look at this the harder it is not to put more eggs in this basket..... like an uncomfortable amount of eggs.

Rules are rules. You know even if someone from any coin knew they were to be listed on Binance or most other exchanges, they are forbidden telling others about this for obvious reasons. Getting banned before listing is not an option.

Welcome to the community cryptoatrain217, you won't regret it

, I personally agree with Ebenezar64, there will probably be a dump after airdrops'end because many users will see that as convenient, but this altcoin has yet shown in the past to be quite resistant to dump situation, the road map on the white paper is quite clear, many improvements have been promised during 2018 and if you follow the community's websites you'll notice that dev team is constantly updating the wallet.

IMO yes there will be a dump after airdrops' end, but it will be just a marvellous buy opportunity, in mid/long term period DeepOnion has a bright future.

Hey, thanks for the welcome! Grin

One must pose the question, in anticipation for some dumpage, will holders also dump in hopes of picking up more on the cheap? This should mean a dip followed by a similar spike. If Deep Onion was smart (and I'm sure they are) they would time the ending airdrops with the release of great news.... a couple of bullet points on their roadmap along with a possible exchange listing perhaps?

That is a scenario that might happen, but that is where things like Founders Status will come into play and that the last AirDorp has 50 000 extra $ONIONs. So if a lot of people sell off some holdings you wil get a bigger part of the pile in the last airdrop.

It all depends on if there will be a dip and how low it will be. What if there isn't a dip and then you have to buuy back your $ONIONs for more money and you missed out on some of your earnings in the last AirDrop. Nothing is certain in the crypto space.

I still think one or two dips with quick recoveries might happen around or after 40th AirDrop so I will havesome BTC on the side to scoop some cheap $ONIONs up.

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