Monthly Archives: March 2017
Bitcoinplus (XBC) prices rise on a massive surge on volume. It look very much like a classic ‘pump and dump’ scheme and looking at the other coins with ‘bit’ in the name also rising, it has the sniff of a rumor being spread to draw in the sucker money.
Yes that’s right, you are seen over 1000% rise in one 24 hour period. There is still plenty of irrational exuberance in the crypto currency markets.
So it a pump and dump? well wait a few days and see. From the chart it seems that there was a chosen support level of 0.04 BTC that the pumper seem to be trying to maintain. Bitcoin dark was supposedly up on the news it was being merged into a new coin called Komodo. Maybe it was the day for bit-anything.
Graphics from Poloniex.
Hundreds of hours of political analysis boiled down to one easy to remember meme.
Australian department of finance released a recruitment video recently, and its completely cringe worthy. Maybe this is a reflection of their lack of self reflection, or the fact they get forced into all sorts of stupidity.
So keeping in the Marie Antoinette theme, I’m sure heads will roll over this.
Prices in US dollars.
Unlike the 2013-2014 price spike this trend seem to long term growth.