WTF paccoin ?

[ramarianz]

what the fxck about paccoin ?
i see on this time they touch no.3 in coinmarket.
i never see their ICO or whatever people call,also social media .
can someone explain ?

[larsbalzak]

what the fxck about paccoin ?
i see on this time they touch no.3 in coinmarket.
i never see their ICO or whatever people call,also social media .
can someone explain ?

Donald Trump invested $30B in Paccoin.

[duhjeff]

what the fxck about paccoin ?
i see on this time they touch no.3 in coinmarket.
i never see their ICO or whatever people call,also social media .
can someone explain ?

Donald Trump invested $30B in Paccoin.

Why?  so he can grab them by the pussy?    <-har har

My thoughts were the same as first but then I saw the trading activities I was like...somebody made a mistake on the database

Jeff-

[lelou]

Check the coinmarketcap again, it's gone now.. It's not a pump if you all thinking it was the reason why it's suddenly on top 3. I read somewhere that this was only a bug in the site. but now it's fixed already.

[generalizethis]

what the fxck about paccoin ?
i see on this time they touch no.3 in coinmarket.
i never see their ICO or whatever people call,also social media .
can someone explain ?

It was on 400k volume, so didn't take much to move the price.

[akitha]

something is happening with the coinmarketcap 😂

[cakmabokgot]

Paccoin is really a scam coin. Today I am convinced.
After the token swap my btc amount went down %90.
Scam coin and scam dev!

[yua_na]

33 billion with 400k volume is a joke. It will dumped hard when people start selling and i think its only bug at coinmarket site. No one ever hear about that coin its probably just another scam project no good news anywhere and i also never heard about it ico. And please dont buy it if you wont support scam coin.

[3DBrushes]

33 billion with 400k volume is a joke. It will dumped hard when people start selling and i think its only bug at coinmarket site. No one ever hear about that coin its probably just another scam project no good news anywhere and i also never heard about it ico. And please dont buy it if you wont support scam coin.

Yes, it's a problem with coinmarketcap. They didn't upload the correct circulating and total supply of pac coin. More info on this can be found in PAC coin's official Reddit page.
I think this problem is solved now and there are no glitches.

[SPINPIX]

the marketcap for such an high supply is meaningless, you need to see the volumes for see if a coin is in the right spot! in this case you can see that compared to the others first 10 crytos paccoin has such a little volume, that means that a whale can easily pump a coin like that

[sorrysteve1]

It was not a pump and nor was it a glitch. Pacccoin was traded at a 100:1 ratio to a new coin because previously the price was only 1 satoshi.. That's why the price went up but the supply was not updated yet on coinmarketcap and that's why market cap skyrocketed. Now the supply is corrected and it's returned to normal.

[Dragonrage201]

This kind of anomaly happens once in a while on coinmarketcap. One of the shitcoins with zillions of supply gets pumped on low volume or just an order mistake to a high value and the marketcap jumps to a top spot due to billions of coins.

[burdeN]

I thought that that was a hack of coinmarketcap first   But seems that that was just a nice planned pump. I wonder how much did pump group owners made on this

[thew3apon]

It's just a system error. With 40-50 BTC it is impossible to get 3rd place in another way.

[goyal.dkg]

everyone is just speculating , what i heard is they updated wrong circulating supply , as per paccoin tweet , it was fault from cmc side .
in this way paccoin also received free publicity too .

[HostC]

what the fxck about paccoin ?
i see on this time they touch no.3 in coinmarket.
i never see their ICO or whatever people call,also social media .
can someone explain ?

It's #3, because they had a coinswap which removed 3 decimals off the supply, thus a price increase in the value per coin. But Coinmarketcap did not update their supply, so the value of the market cap is around 1000 times more than it should be.

[Fenderr]

Check the coinmarketcap again, it's gone now.. It's not a pump if you all thinking it was the reason why it's suddenly on top 3. I read somewhere that this was only a bug in the site. but now it's fixed already.

Me thinks that was an insider job, a deliberate attempt at pumping it up, nice planned pump for that matter. But hey, I could be wrong

[penig]

Lets not park this on CMC, seems Paccoin did some coin consolidation, swapping 1000:1 and it screwed up.  Seems all sorts of problems with exchanges and not everyone who holds understand what happened. Paccoin made a hash of what is a quite technical issue in an unregulated market.

[ashmodeus]

well , as i know ,
is not a first time coinmarket show something error like that.
CDN also got number 3 for a short time  .
but i forgot when .

[kortwyss]

This is an error,like somebody bought 1 coin for 1 ETH on etherdelta. Such issues appear from time to time, so don't consider them seriously.