RE: 🌍 Cryptocurrency News: 1700 % in 24 hours? WTF is this XBC - BitcoinPlus?! (English/German)

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🌍 Cryptocurrency News: 1700 % in 24 hours? WTF is this XBC - BitcoinPlus?! (English/German)

in cryptocurrency •  8 years ago 

Complete newbie here. Going from their site, it looked like another failed crypto 'investing' scheme. Where you put value in, they invest it, take a cut of the profits for maintenance, and then you take it out whenever you want.

The weird part is that according to the proof of withdraws on their site, https://bitcoinplus.org/sustainability_plan.php nobody has taken any money out since the end of December. There is also no big announcement from as far as I can tell, even on their Twitter.

However, the price on Poloniex is still shooting up slowly but surely. I am very new to this scene, but to me it looks like some group is either using it for some transactions or trying to drive it up (maybe the creators found some investors?). The reason it is shooting up on Poloniex is probably because that's the service the group uses to monitor it. Since all of this cryptocurrency is essentially just numbers it is very easy to monitor on sites like this.

Then again I could be wrong.

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Thanks for your feedback and point of view!