Bitcoin Forum

I recently came across ACOIN a couple days ago after seeing a large amount of volume. Even more appealing was it's steady increase in price over the last 2 weeks or so. Looking further into it I'm now seeing a huge increase in hashrate. Is that a good sign? Looking at the original announcement thread it seems like this is an older coin, but has recently been being worked on by a few people. Their main goal is to make and maintain a "healthy" blockchain. They've also done work to the wallet, setup a new website, and continue to put in additional work. I've never heard of the coin before, but made a little investment after seeing the hashrate increase. Does anyone have an opinion or insight into the increase and/or what it means for the coin's future exactly?

Here is the 7D graph.

http://pepeauctions.com/wp-content/uploads/2017/05/acoin.jpg

I was also monitoring the hashrate through this site:

http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc

Hmm perhaps ill put some hashpower on there.. could be promising

I would if I could. Don't have a setup. Best I can do is buy some, but the books are pretty thin at the moment.