Pump time for nubits?

BITTREX:NBTBTC   Nubits / Bitcoin
No clue what this coin is or does but look at that volume and falling wedge :D
Lol Dalin, I love you but a little bit of fundamentals doesn't hurt at times
+4 Reply
I believe any time it goes above or below NBT increase or decrease supply to keep it to a dollar so I guess it can pump to a dollar +or- if you look at the dollar chart it’s pretty much a flat line.
+1 Reply
Centralized ponzi pegged scam coin...probably interesting some people bc of the tether situation, but not really an option...
I guess you could use it to build BTC position....?
Ppt!! Them wicks!
It’s a stable coin. Pegged to 1 dollar. I believe.
+1 Reply
mfgex jwoodhe1
@jwoodhe1, exactly, lol thats why occasionally you need to look at fundamentals ;) throw a 3-wave TA on that and all it means is you're predicting BTC plummets to $2000 or something lol
@jwoodhe1, Bet it still pumps for no reason other then sentiment is what drives value not fundamentals
mfgex Dalin_anderson
@Dalin_anderson, all due respect, this coin is an exception. look at it on coinmarketcap. it's pegged to the dollar like USDT is. the only way for it to "pump" is for it's BTC ratio to increase, meaning BTC has to go down
@mfgex, the dollar chart has been moving though even though they say its pegged -- also look at that buying volume
mfgex Dalin_anderson
@Dalin_anderson, *shrug* you could -literally- apply the exact same logic to a USDT chart...
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