So i'm on the interwebs and I go to coinmarketcap.com to look for a coin to invest in.
I come across bitcoin plus (XBC)
can someone explain what cause this very sharp increase in price?
http://coinmarketcap.com/currencies/bitcoin-plus/#charts
This shit was sitting at like $3 / $4 usd for years, then out of the blue, shoots up to $130 USD within a couple hours, and then shoots down to like $30 USD.
was anybody able to capitalize off this and sell when it hit that highpoint that it probably wont ever hit again? Does anybody know what caused that sharp increase?