I would understand this rise due to some important news, or technology behind it, but if it's only get-rich-fast-scheme, it's not so different from ponzi scheme and total gambling.
Other cryptos, as I have seen advanced due to some technological advancements and because they are providing something to the community of all cryptocurrencies and assets market. But what provides this? I see exchange, which is also scamming about price in the past (when listed on nova it was for about 0.16-0.35USD, not 0.8-1USD).
Big monetary inflation, which is provided, by this coin staking is also outstanding...
Investement advice are lousy, and you can do it with any coin you have on the market.
I don't see, what it caused to be 22th position on coin market. But I can't argue - someone is buying it - mainly on their exchange is huge vol, on nova the vol is in about 100th coin (20-30BTC max). I will not tell about ICO, because it has, but I'm rather against it.
My 2 cents, if somebody want to 'invest' in this. If I'm wrong about project - correct me, but I read about it on page, and in this thread.
Cmon, Chevas Regal wouldn't bother making a thread about selling his scam coins cos he knows that he cant sell it on their fucking exchange with their fake $1m volume.
But what the heck, Stupid Robelneo with his alt-accounts fortunecrypto and aioc trying to deceive noobs to buy their penny worth coins. They can only say is loser cos we didn't buy hahaha.
You are wrong. Chevas Regal clearly sees an opportunity to scam someone.
I actually wrote to him and see what he is trying to sell me.
I even asked him about his stake in the coin.
Something doesn't make sense to me and I don't like to deal without an escrow.
I have over 2k BCC at one point which I sold and stake most of it.
Just last month I sold over 200 BCC under usd 15.
It was snapped up under 24 hours.
The volume is real.
As to people wondering why the transaction is so high on BCC own's exchange.
Well, because it make sense.
It make sense to those investing to go use BCC exchange if you plan to stake.
Otherwise, you will incur unnecessary fees as the staking (conversion) can only occur at BCC own exchange.
Similarly, if you want to exit and convert from interest generated from staking, you will need to use BBC own exchange.
So it make sense.
There is a convention this October for those with a large single usd 20k investment this June and July.
You will be surprised how much money this coin has been making for so many people.
And I planned to share this more after my stake lock down period lapsed.
I am doing a weekly screenshot and progress report.
Stay tuned!!