Daily Cryptocurrencies News (03.28.17)

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The cryptoworld has gone mad yesterday ! You may have seen a + 3000% in 24h. If not let's see it now.


BitcoinPlus

The bitcoinplus (XBC) has made such a rocket pump ! As you can see, its price was about 0.005 BTC/U, 24 hours ago. And about 7 hours later, it took a dizzy climb of +3000%. Of memory, it's the first time I see this on such a short period. That said, I'm note sure what this altcoin is worth. I looked at their website, and it looks like a scam with a Ponzi schema background. Finally, it shows that some whales can easily manipulate the markets. So be careful !

Chart from Poloniex

Steem Dollars

The steem dollars (SBD) is supposed to be based on the steem so that it worth $ 1 of steem. However, yesterday's weird day showed a incoherent movement on the price of the SBD. Indeed, a whale(s) bought directly up to + 700% of the price. But then right behind, the SBD went down to the starting price. A little more than 4 hours later, a new purchase that brought up the SBD to + 300%. And again it want down quickly. Since then, the price of the SBD shows small movements more or less unexpected because the price of the steem is rather in a descending phase, then it should also bring down the SBD. Which is not the case.

Chart from Poloniex

Bullish Altcoins

It's clearly not every day that one can see as many cryptos at more than 100% in 24 hours. There is clearly something wrong, especially as these altcoins are far from being the most used and promising. We have not finished seeing weird movements in the cryptoworld.

Board from Poloniex


I hope this may have been useful to you. However, I let you make your own opinion and view. This post is not intended to tell you what or when to buy or sell. Just few information about the cryptocurrencies.


Images source from Pixabay


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Daily Cryptocurrencies News (03.28.17) | Ecency