Anyone know why Bitshares (BTS) is pumping so much?steemCreated with Sketch.

in bitshares •  5 years ago  (edited)

Bitshares is up more than 50% right now

It seems odd to me and was wondering if there is a reason why the huge surge?

Does anyone know?

This is what I am seeing right now on the charts:

(Source: https://twitter.com/Cryptonomia1/status/1223643928261550082)

If you look at coinmarketcap it shows that it is up over 50% on the day in USD terms.

What is up?

And here I was happy with steem being up 7%.

But then I checked and steem is still ranked 78th on CM.

Ugh!

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5 years ago by

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      ·  5 years ago 

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      1 vote
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        ·  5 years ago 

      That's from March 2019.

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        [-]
          ·  5 years ago 

        This looks like old news.

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          [-]
            ·  5 years ago 

          My bad, did you find any source. If not, then could be the act of PnD group. They are notorious for pumping low cap crypto ($50M markecap). ABBC, MonaCoin, Bitcoin Diamond are regularly pumped and dumped.

          Posted via Steemleo

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            1 vote
            [-]
              ·  5 years ago 

            I am curious myself, but I can't seem to find much information on it.

            It is very positive that the price is now above the peg,

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              [-]
                ·  5 years ago 

              What do you mean?

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                [-]
                  ·  5 years ago 

                Just pump. Later dump.

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                  [-]
                    ·  5 years ago 

                  Any excuse for the pump?

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                    [-]
                      ·  5 years ago 

                    Someone check the market.

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                      [-]
                        ·  5 years ago 

                      The bear market is over.

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                        [-]
                          ·  5 years ago 

                        Yes, but you still need demand to come in to move prices up. What is driving the demand?

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