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.
Once again Facebook being used against its users, looking more and more like the matrix all the time.
Are you going to wake up once you have to plug a cable directly into your brain to use Facebook?