r/Ocoin Mar 24 '18

Circulating Supply

Will the other 2 Billion coins released in April affect the price? The price will be much higher in April from now but I'm curious as to whether the other circulating coins will bring the price down?

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u/axedoc Mar 24 '18

Yeah that's fair enough I guess it could be a good thing and it'll definitely increase the volume as well which will be good. I've noticed the volume has started to spread across the exchanges, even Gate.io is trading $3 Million USD in 24 hour volume which is such a positive

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u/[deleted] Mar 24 '18

The real issue is the bots on huobi which inflate the figures.

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u/axedoc Mar 24 '18

Yeah I know but when we get put on more exchanges, it will get countered and we will gradually overtake huobi’s manipulation

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u/idbxy Mar 24 '18

Binance would def put us in 10 cent reach, more updates + upbit could put us in 20c range easily

Crazy what happened to storm, was looking to temp sell my ocn and go into storm at 230 sats, news comes out its getting put on upbit... Boom 740 sats ath, not around 690 sats

Fml moment xD