[ANN] 💦💦 HYDRO 💦💦 Security & Identity on the Blockchain

[cvdesty]

the overall market is stable currently and there are other coins which do not have solid background surging. The weakness in HYDRO is quite suspicous. Either the market is not impressed or some whale is holding down the price.

I agree, it is suspicious.   

[edaikuan]

We need to see some positive price action.

[devotional]

lets make hydro great again. up is coming.

[NS-Soul]

the overall market is stable currently and there are other coins which do not have solid background surging. The weakness in HYDRO is quite suspicous. Either the market is not impressed or some whale is holding down the price.

Hydro doesn't even have FUD to bring down its price and what we may come up with this is its correction period that can be a continuous dump or accumulation activity from the whales before they gonna pump again. I'd better leave this hydro if thats the case its was much risky.

[muvie]

Any plans/ideas to get on a bigger and more secure exchange than Mercatox? Cheers

That's a good question! Mercatox appears to be a haven for pump and dumpers. One only needs to pay attention to what goes on in the chat box to see this. If the team behind HYDRO really cares about the future of their project and the investors who fuel it, then it should be a priority for them to get their token listed on more reputable exchanges.     

The Mercatox volume is mostly too low for real pump and dump games or what do you exactly mean with that?

[cvdesty]

The Mercatox volume is mostly too low for real pump and dump games or what do you exactly mean with that?

The volume was much higher before, when the price was pumping. Any trader with experience reading charts should clearly see that a pump and dump took place. You have to have experience reading price action to see these things.

And now, while most coins are going up, HYDRO continues to strongly decline in value. I find this to be suspicious.  

[edaikuan]

Not respoinding positively to positive news says something. Either it needs more marketing to get the name out to the public or whales want to see if there are other whales in the market.

[comingforthatbooty]

GUYS, it's dumping because they gave away 50% of the supply for free to developers. If you signed up you could receive 222k coins and everyone probably dumped to take their free money.

https://bitcointalk.org/index.php?topic=2778273.0

[Isiaka208]

How come i didint get the airdrop even when i applied on the said date? could it be because i left the telegram group before the token distribution? I need answers please

[cvdesty]

GUYS, it's dumping because they gave away 50% of the supply for free to developers. If you signed up you could receive 222k coins and everyone probably dumped to take their free money.

https://bitcointalk.org/index.php?topic=2778273.0

It was generous to give so many away for free. But it was obviously a bad idea, for it caused an imbalance in the market, which harmed the people who invested real money into it. This is the kind of thing that is bad for crypto.

Notice what it says:  "At the culmination of the sign-up period, a minimum of 222,222 Hydro tokens will be distributed to each developer for use in integrating Raindrop authentication and further developing with Hydro and Hydrogen." Source: https://bitcointalk.org/index.php?topic=2778273.msg28420390#msg28420390

It appears to me that they gave these tokens away to developers with the intent to have them work together to further develop the project. By receiving tokens, these developers essentially agreed to use them for their intended purpose. But greed kicked in and many people who got free tokens dumped for a small profit. Had these people not done this, HYDRO would be doing very well right now. 

Serious damage has been done to this token as a result, damage that may be irreparable. I hope the HYDRO team can somehow turn this around and make this a positive experience for investors. 

[wdelius]

The Mercatox volume is mostly too low for real pump and dump games or what do you exactly mean with that?

The volume was much higher before, when the price was pumping. Any trader with experience reading charts should clearly see that a pump and dump took place. You have to have experience reading price action to see these things.

And now, while most coins are going up, HYDRO continues to strongly decline in value. I find this to be suspicious.  

I think most of the people that received the airdrop sold quite a bit on the way up. You cant expect it to keep going up forever. It's consolidating now.

[cvdesty]

I think most of the people that received the airdrop sold quite a bit on the way up. You cant expect it to keep going up forever. It's consolidating now.

I never expected it to continue to go up forever. I don't know how you got that idea out of what I said.

[Panrado]

This project is quickly gaining popularity! Why? Because it offers a revolutionary method of investing in crypto currency and crypto currency campaigns! Immediately follow this great project before it ends, because the project will be smooth and successful in the future.

[bitbollo]

GUYS, it's dumping because they gave away 50% of the supply for free to developers. If you signed up you could receive 222k coins and everyone probably dumped to take their free money.

https://bitcointalk.org/index.php?topic=2778273.0

no problem was originally so, I see this project is similar like XRB aka nano, free distribution initially until last year of October, but see now.

around 8% of tokens where distributed during airdrop (whole market) I don't see any relation with this but probably the big hype of the price was corrected with new values. in just a couple of weeks we have seen a +500%! the price can't grow forever, and it's normal to see this downtrend.

[TheSmithKing]

This correction was haven for me! Thanks, I filled my bags (again) on the way down too
I think around 0.00000040 BTC is the bottom. Later today they will announce the white paper for one of their products. Coupled with such a small market cap (only 9 Millions $) I strongly believe it's going to go up.

Regarding the market cap, just to make a comparison: on coinmarketcap.com if you sort it by market cap, the coin on 100'th place has $138,440,693 while Hydrogen only $9,589,330  
Quite a big gap awaiting to be filled.

[TheSmithKing]

GUYS, it's dumping because they gave away 50% of the supply for free to developers. If you signed up you could receive 222k coins and everyone probably dumped to take their free money.

https://bitcointalk.org/index.php?topic=2778273.0

no problem was originally so, I see this project is similar like XRB aka nano, free distribution initially until last year of October, but see now.

around 8% of tokens where distributed during airdrop (whole market) I don't see any relation with this but probably the big hype of the price was corrected with new values. in just a couple of weeks we have seen a +500%! the price can't grow forever, and it's normal to see this downtrend.

Exactly! It is very normal to have a correction after +500% run up.

[cvdesty]

Exactly! It is very normal to have a correction after +500% run up.

It was a pump and dump. It's too bad you can't see that. Much of this kind of thing is happening on a regular basis with altcoins. You can see it here: https://coinmarketcap.com/gainers-losers/

Unfortunately, the cypto market is highly manipulated and controlled by whales and Wallstreet thugs. Hopefully, this will change in the near future.

[HydroShane]

Noah, one of the core Hydro developers, made an awesome Raindrop tutorial that you can check out here.

[TheSmithKing]

Exactly! It is very normal to have a correction after +500% run up.

It was a pump and dump. It's too bad you can't see that. Much of this kind of thing is happening on a regular basis with altcoins. You can see it here: https://coinmarketcap.com/gainers-losers/

Unfortunately, the cypto market is highly manipulated and controlled by whales and Wallstreet thugs. Hopefully, this will change in the near future.

Agree with you, but this project is not built around hype and yes it's obvious that it was manipulated to a very high price.
But, if tomorrow everything will start to rally like it happens once n period, then I'm very well positioned to catch the ride, like I did in the last few rides  

PS: I really recommend to switch your scale in coinmarketcap from Linear Scale to Log Scale to see .

[TheSmithKing]

The Snowflake Whitepaper was released, what do you guys think about it?
https://github.com/hydrogen-dev/hydro-docs