Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: Henrikbliss on May 09, 2018, 06:10:38 PM

Title: Is Bytecoin (BCN) Boosting a Pump and Dump Scheme?
Post by: Henrikbliss on May 09, 2018, 06:10:38 PM

Bytecoin (BCN) witnessed a growth of over 166% in a few hours after the announcement of Binance listing. However, the cryptocurrency have experienced a series of problems, ranging from plummeting price to network and withdrawal issues in the past few hours.

A few hours after the Binance announcement on Tuesday, Bytecoin (BCN) saw itself at the 15th position in CoinMarketCap with a market capitalization of over $2.7 billion. However, the cryptocurrency has since fall below 1000th position with no market record as at press time.

Read More: https://news.bitzamp.com/could-bytecoin-bcn-boosting-be-seen-as-a-pump-and-dump-scheme/ (https://news.bitzamp.com/could-bytecoin-bcn-boosting-be-seen-as-a-pump-and-dump-scheme/)

Title: Re: Is Bytecoin (BCN) Boosting a Pump and Dump Scheme?
Post by: altcoingamer on May 14, 2018, 10:44:47 PM

imo yes... i feel like the creators paid whales to pump it looking for some sort of exit scam.  Theres just no excuse to the ignorance of people who bought into this though.. the price never left 200 sats on Poloniex... even if trading was shut down.. it should be obvious that this wasn't being honored on the other exchange.