in the last day there's been this hilarious stuff going on with Peercoin that really makes it clear how broken and manipulable cryptocurrency markets are
so the high price and not-nonexistent volume is i guess people just pumping it using local assets on the exchange. BUT the fact that that IS THE LISTED VALUE on hitbtc causes PPC to jump to the top of rankings that don't have the sense to stop listening to hitbtc's stupid ass
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this gets people buying to try to arbitrage against the effectively 100% fake price, gets opportunistic miners mining, and by now has in fact successfully dragged the price of PPC on all the other exchanges up to pretty much where the fake hitbtc price was last night
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so yeah, cryptocurrency is the Wild West, chapter one point six billion and three
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hitbtc has nothing to do with
#Peercoin movement. This is a technical breakout. I predicted this months ago.https://www.tradingview.com/chart/PPCUSD/CZu6QUCW-Let-s-see-what-the-fractal-gods-decide/ …Thanks. Twitter will use this to make your timeline better. UndoUndo
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