What happened to prices of POB? 10x in month

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(Edited)

We all are here to make profits. Some are here in a long term game and some book profits regularly.
In last few days the prices of one coin have gone up magnificently.
This coin is proof of brain. Many of the investors have noticed the pump in the prices of the proof of brain coin in last month.
88C2923B-7104-492D-B3E9-D79405B9DC27.jpeg

The trade was first noticed on hive exchange on 9th march when the prices were close to 0.015 hive per POB.
In the last week of March the prices were hovering near 0.05 hive per POB to 0.09 hive per POB. But since last few days the prices have skyrocketed to 0.22 which is more than 10 times the price of coin on 9th march. Those who were lucky enough to grab them at lower prices would have made 10x return in just less than one month.

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But interestingly, the depth looks more impressive. There are very few sellers.

Reasons for upward journey

No body knows exactly the reasons of this pump but i can make some wild guess.

  • Interesting concept used in the blue paper which co-insides with the bitcoin's story,
  • interesting marketing strategy of dropping few coins in wallets of engagement creating accounts,
  • support for prices by providing liquidity and
  • now the campaign for incentivizing the staking of coins have all supported the prices of the coin.
    All these factors have contributed in creating the demand for the coin and creating positive perception.

Posted via proofofbrain.io



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11 comments
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(Edited)

It is literally a token based on the concept that we all use here on Hive. Go ahead and Sell it cheap. I will buy it. There is no premine, and they didn't mint any for a bot like some tokens. It's held by people who have earned it and it's mostly staked. It doesn't have to be a pump it could just be valuation. As I said, go ahead and sell it.

Posted Using LeoFinance Beta

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I really love this meme... you hit it hard bro..."do you even have any pob?" very hard hitting punch 👊🏻


Posted via proofofbrain.io

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Yes It is and I kind of want to use it on Facebook posts that are kind of dumb. @coffeelovers Do you know why you are being downvoted and have you tried to appeal it?

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Honestly i made small mistake while using peakd for first time. I scheduled a few posts without thinking that they would get posted on the hive blockchain without editing...as these were copied stuff i was warned and flagged in those posts. After that this spaminator has not left me alone. Never tried appealing though


Posted via proofofbrain.io

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(Edited)

@hivewatchers @spaminator pls advise this user how to correct their acct. Make sure to revoke old authorities and ensure your acct is secure also @coffeelovers

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There is nothing to revoke.
I don't know what false information this user has been telling you but this user has been scamming for years with multiple accounts.

Abusive posts by this user:

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Other scam accounts owned by this mass content thief (aka plagiarism scammer):

teapassion

appachappa
asmi140
brwaves
jackjones
maochitse
markchu
vedvati
voteshark

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Token scarcity has it’s perks... :)

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i let a few loose on the market -

talk about a crazy ROI - i paid ZERO for the few I sold - that puts me WAY ahead of the game

happy trading ;)


Posted via proofofbrain.io

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The change in price attracts many pople.
Love to see the price uptrend but I gueaa their will a correction. I don't know of the pump is actual or created by means..
But the indepth charta shows that still their are many buyers and very few sellers, which seems that the demand is high which leada to increase in price....


Posted via proofofbrain.io

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