Now that the price of Deep Onion is being traded above $1, many are excited that the previous all-time high of $5 will be challenged soon. Higher prices translate to higher valuations of our investments in Deep Onion. However, we must not be complacent and we must also consider the possibility that the price of Deep Onion can go back to its lows at around $0.50. Can the Deep Onion price go back to $0.50?
Those who gave up on Deep Onion and sold at $0.50 are now banging their heads against the wall wishing they should have held their coins. They are probably some of the people wishing Deep Onion fall in price so they can buy back in. Some result to fudding and spamming the threads to spread false information so other coin holders will sell their coins. In this way the fudders can buy cheap. This is a very old strategy in the forums that have worked time and time again. Unfortunately it still works up to now.
A cryptocurrency market crash of course will send all altcoin prices coming down and Deep Onion will be no exception. That possibility is always there because we know how volatile the cryptocurrency market is. Changes in the industry are happening almost every day. In some days there is bad news like China banning cryptocurrencies and at other times there are very good news like Wall Street planning to list a Bitcoin futures trading instrument.
The momentum of upward price trajectory however favors atlcoins at the moment. Bitcoin is hitting all- time highs and practical application of blockchain technology is being pursued by big institutions. The Deep Onion team and the community have also already started their active social media campaign. This marketing push to make Deep Onion well known in the cryptocurrency industry will only intensify in the coming weeks and months. New features for Deep Onion are also already near release that will add to positive sentiment for the coin.
In this bullish market, the possibility of Deep Onion going back to $0.50 is pretty slim. You might be in for great disappointment if you are hoping that that scenario will happen again in the near future.
For more crypto related articles, you can follow me on Twitter: https://twitter.com/Lan2050 and on Steemit: https://steemit.com/@soldier100
Deep Onion in Bitcointalk
https://bitcointalk.org/index.php?topic=2006010.0
Deep Onion Forum
https://deeponion.org/community/
Deep Onion Airdrop
https://deeponion.org/airdrop.html
DeepPoints Activated - Introducing DeepPoints
https://deeponion.org/community/threads/deeppoints-activated-introducing-deeppoints.4926/
DeepVault FAQ
https://deeponion.org/community/threads/deepvault-faq.4057/
never heard of deep pickled onions before, but many are diversifying fund as the cost of transaction fees with bitcoin become stalling block to its power, may be this one is a quick fill to make a quick buck but does it have any real world application or is it another shitcoin
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Deep Onion is a relatively new coin, just 4 months old and features are still being added. A Deep Onion online merchant shop has been launched. Buyers can soon use Deep Onion coins to purchase items. Developers are paying content creators for their services using Deep Onion. So far, that's what can be considered real world use. It is an anonymity-based coin like Monero and Dash.
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