Bitcoin Forum
May 07, 2024, 09:56:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Why is Vericoin doing so well today?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Why is Vericoin doing so well today?  (Read 358 times)
Charlie777 (OP)
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
July 07, 2017, 04:25:51 PM
 #1
Been keeping an eye on the altcoin dump thats going on and for some reason (on Poloniex at least) Vericoin seems to be doing pretty well, whilst everything else is in the red... anyone know why?
1715075764
Hero Member
*
Offline Offline

Posts: 1715075764

View Profile Personal Message (Offline)

Ignore
1715075764
1715075764
Reply with quote  #2
1715075764
Report to moderator
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715075764
Hero Member
*
Offline Offline

Posts: 1715075764

View Profile Personal Message (Offline)

Ignore
1715075764
1715075764
Reply with quote  #2
1715075764
Report to moderator
Abricotier
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
July 07, 2017, 04:33:52 PM
 #2
There was a pump a few days ago. Pump is the exact word because this was because of a pump group. Maybe they chose to start back their pump. I do not know as I have left the pump group since they were posting too much a day for me, it was very harassing.
____________________A I T H E O N____________________       [   JOIN THE WHITELIST   ]
The digital ecosystem simplifying your world through A.I., robotic, and human symbiosis
█ ██ ███     WHITEPAPER     |     TELEGRAM     |     TWITTER     |     INSTAGRAM     ███ ██ █
Charlie777 (OP)
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
July 07, 2017, 04:44:11 PM
 #3
Quote from: Abricotier on July 07, 2017, 04:33:52 PM
There was a pump a few days ago. Pump is the exact word because this was because of a pump group. Maybe they chose to start back their pump. I do not know as I have left the pump group since they were posting too much a day for me, it was very harassing.

Thanks for this. TBH I'm not exactly sure I understand what a 'pump group' is/does. Is it a group that invests heavily in a coin to inflate its price in the hope others will too, in the hope of selling it back at the higher price?
RewFrew
Full Member
***
Offline Offline

Activity: 574
Merit: 140


Chainjoes.com


View Profile WWW
July 07, 2017, 06:09:06 PM
 #4
Quote from: Charlie777 on July 07, 2017, 04:44:11 PM
Quote from: Abricotier on July 07, 2017, 04:33:52 PM
There was a pump a few days ago. Pump is the exact word because this was because of a pump group. Maybe they chose to start back their pump. I do not know as I have left the pump group since they were posting too much a day for me, it was very harassing.

Thanks for this. TBH I'm not exactly sure I understand what a 'pump group' is/does. Is it a group that invests heavily in a coin to inflate its price in the hope others will too, in the hope of selling it back at the higher price?

The main reason is: low market cap compared to other poloniex coins, so more easy to pump it to high %. Thats why coins like those are choosen.
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Why is Vericoin doing so well today?
« previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!