[GRS] - Groestlcoin pumping big time: anyone knows why?

[nhote]

besides the improbable name this is no scam or p&d scheme but a good ol' coin... does anyone know if the monstrous pump of the last two days is related to some announcement, development, etc.? thanks.

[burdeN]

It was announced in several groups that GRS is going to rise. Maybe some TA really shows that but with the help of group members's money it went up really fast

[Aureliusy]

Small market cap, much pump much gains, old coin. Riding the Asic resistant wave with Vertcoin VTC. Altough VTC uses a far more Asis resistant protocol

[nhote]

ah ok, thanks for the insights. both make sense.

[nuskill]

and already its on the biggest losers on cmc again.

Sad to see but i guess it was more of a pump and dump action than anything else. get some attention and sell high

happening too much nowadays on the altcoin side.

[ranga71]

It seems like a pump and dump to me. It gets its few minutes in fame as a vtc alternative and then falls back down. I don't see it doing anything special.

[Fabsquire]

With a Major development update coming the 25th of december you guys think Groestlcoin could make a similar Price increase again?

[Stayn]

All the coins with cheaper fee and faster times than Bitcoin will rise. What an ugly name though. Groestlcoin. This is a marketing crime worth a sentence for the guys that came up with the name.