Bitfish = baitfish or just a mistake?
Hello Steemit Community!
Yesterday while I was at work, I was checking the crypto market all day like I usually am. I constantly am on G chat with a friend of mine @jrose1010 (go follow him too). We talk about the market and alert each other about anything new going on. We mostly use coinmarketcap.com and worldcoinindex.com. We are constantly looking for major jumps or declines in the market.
Anyway, yesterday we noticed that briacoin and GBCgoldcoin were rising pretty quickly. Coinmarketcap is good because it shows you every single exchange the coin is on. We noticed that Briacoin and GBCgoldcoin were listed on a new exchange Bitfish (I believe briacoin is also a new coin). At one point during the day, Coinmarketcap had the volume of GBCgoldcoin at around $200,000,000 USD. We instantly joined the bitfish community (it' easy to sign up). People in the chat were hyping up this exchange as it was brand new and stating that GBCgoldcoin was going to hit $1,000 and Briacoin would hit $1,000 and beyond.
Instantly my friend and I were thinking of jumping into the market, except we noticed something strange when we went to trade. The market on bitfish didn't have nearly the volume that was posted on coinmarketcap.com. We decided not to jump in as things looked really "fishy." After about an hour or so we noticed that coinmarketcap eventually deleted bitfish off of their website and still have not added back. Briacoin is all not listed on the "view all coins" section of coinmarketcap. Now this morning, I have noticed people in the chat are asking if Briacoin intentionally did this to artificially inflate the price and ask for their money back.
Steemit community, I ask you, is bitfish actually baitfish or do you think this was just an error on coinmarketcaps end? Do you think GBCgold coin and Briacoin are good investments or scams? Let me know in the comments below! I included a picture of what the bitfish exchange looks like.
jrose1010 here. Yes!! All we do is chat in g-chat about crypto! All day everyday!
Yes we do! Let's go!