Bitcoin Private increased by 34 percent over a few days. What is pump?

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2019-02-15 01:00:22

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Bitcoin Private increased by 34 percent over a few days. What is pump? Source:

The holder has another reason to celebrate the cryptocurrency grew by 34 percent over the last couple of days. Apparently, PAMP BTCP is associated with the announcement of the burning of coins that should happen in two days.

Currently Private Bitcoin trading at 1.46 dollar. Now the price of cryptocurrency held at the local high Pampa. Moreover, its capitalization increased to $ 30 million, and trading volume rose to 121 thousand dollars.

the

Bulls on joy

Note that in the last few days Bitcoin Private became one of the most profitable investments of the top 100 cryptocurrencies ours . Coin bad grew against the dollar, and to .

Pump was partly anticipated event a little earlier in cryptocommunist rumors about the alleged burning of coins BTCP. Recall that the fork was distributed in purses holders and BTC almost a year ago. Learn more about burning told the developers in the official announcement.

The burning of the coins was provided under wallpapere as a possible solution to the problem of low Hasrat cryptocurrencies. As planned before, 0.14 percent of all BTCP intact after the fork will be burnt every day for two years. The number of cryptocurrencies in circulation will be reduced, and miners will release more BTCP.

Recall that in December last year, the team found 2.04 million «unnecessary» BTCP, which were created out of thin air thanks to a vulnerability in the code of the project. To get rid of most of the new coins, it was decided to hold at an altitude of 455 500 block on 5 January.

If you have Bitcoin Private and you did not done any transaction after the fork, be SURE to move the coins to 480 000 block, otherwise they will be lost forever after burning. The situation in real time can be traced in our .

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