As XRB has been pumping more that 20% almost every day when other coins are going deep in the red, I decided to buy some.
At the moment, the only two exchanges that I know that deal with XRB are BitGrail and Mercatox.
So, first I tried to send BTC founds to my new open account wallet at BitGrail but my exchange canceled the withdraw saying that my wallet at BitGrail was not in the blockchain. I checked the address and it was correct!
Then I opened an account at Mercatox, tested with 0.0010 BTC and all went well, so I sent some more.
By the time my founds in btc were avaliable to place an order, XRB was raising very quickly from 20% to more than 40%, so I waited for a correction but it keept going from 0.00094btc up to 0.00126776. At the same time it took to the price to raise all that at Mercatox, about 6-7 hours, I discovered XRB price at BitGrail has been almost static, not reaching more than 0.0009846
All this is looking very strange to me and I decided not to take a risk and send back my founds in btc back to my original exchange wallet just to discover that Mercatox has a limit of only 0.5btcs withdraw per day for non registered users. I uploaded all the necessary documentation to verify my account but it doesn´t save it!
Does anyone have any idea about what is going on with XRB prices in this two exchanges and why Mercatox seems to be holding on custumers founds?
It seem to me that Mercatox is manipulating XRB prices to attract investors and trapping their investments!
EDITED:
Forgot to mention that I also saw several people complaining in the chatroom at Mercatox that their deposits in XRB are taking days to clear!
Maybe a way to limit XRB supply?
And my question about huge price differences in exchanges was deleted from BitGrail TrollBox!