I haven't really heard about that coin but if it's really what you say it is then I think one should give it a try. You know this days a lot of scams are everywhere one should be careful hence he'll fall into one.
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Hmm, the creators of Wrapped Bitcoin knows the reason why they created to go hand in hand with Bitcoin price value. Meaning their is no difference between Wrapped and the main Bitcoin. The hilarious thing about the coin is that, it doesn't operate on same blockchain with Bitcoin rather it operates same with Ethereum.I don't think wrapped coin was created as a makeshift to Bitcoin. If it was the case we all would have known. There is no secret about Bitcoin operations that would make wrapped coin part of their potffolio.
This is rather weird. In order for it to rise and fall the same way as Bitcoin then one would have expected that it would have been on the same network. Perhaps it is a coin that is being manipulated by a certain individual or company that is in control of most of the coin in order to mimic Bitcoin. Have you considered that it could be a scam to try and get unsuspecting and newbie crypto enthusiasts invested into it as opposed to Bitcoin? Do you think that this could be the case here?Hmm, I don't have any information for this wrapped Bitcoin. I saw the coin at coinmarketcap recently and i was confused why it is copying Bitcoin. Cos the price is the same, when Bitcoin falls it also follows, when it rise it follows too. The most funniest thing about this coin is that, its an Ethereum coin, working on Ethereum blockchain, not even in Bitcoin blockchain.
That is weird to me, considering how it mimicked Bitcoin in everything. It isn't a scam coin it is mostly in top exchanger platforms like coinbase and binance etc. I saw it over there at coinmarketcap. I was thrilled to see it rank the same with Bitcoin in times of price, but different in coin ranking. The coin is ranking around 27th in the all-time crypto ranking via coinmarketcap website.This is rather weird. In order for it to rise and fall the same way as Bitcoin then one would have expected that it would have been on the same network. Perhaps it is a coin that is being manipulated by a certain individual or company that is in control of most of the coin in order to mimic Bitcoin. Have you considered that it could be a scam to try and get unsuspecting and newbie crypto enthusiasts invested into it as opposed to Bitcoin? Do you think that this could be the case here?
This is very interesting. However, I don't see how it is maintaining that price that is the same as Bitcoin. For it to be doing that and to be ranked as one of the top crypto as well on the website then that must mean that there is a considerable market for it and demand and supply of the coin. What I can't seem to understand why would people invest in this unclear version of Bitcoin when they can, for the same price invest in Bitcoin, which is much more well known and reliable.That is weird to me, considering how it mimicked Bitcoin in everything. It isn't a scam coin it is mostly in top exchanger platforms like coinbase and binance etc. I saw it over there at coinmarketcap. I was thrilled to see it rank the same with Bitcoin in times of price, but different in coin ranking. The coin is ranking around 27th in the all-time crypto ranking via coinmarketcap website.
Laughs, that is funny enough, and that is people for you. They like copying something, they made that crypto to battle Bitcoin price. And investors that took part in manufacturing the coin are the ones investing on it too. As they invested other people saw investment are already going through the coin, they took part too.This is very interesting. However, I don't see how it is maintaining that price that is the same as Bitcoin. For it to be doing that and to be ranked as one of the top crypto as well on the website then that must mean that there is a considerable market for it and demand and supply of the coin. What I can't seem to understand why would people invest in this unclear version of Bitcoin when they can, for the same price invest in Bitcoin, which is much more well known and reliable.
Yes it is a very common thing when it comes to cryptocurrency. When people see that someone is purchasing a coin they do not ask themselves why that person is purchasing the coin but rather they just follow them as well and get involved in that market without having the full knowledge on it. In a way this purchase is based on the concept of fear of missing out. Which is generally not a good thing at all. But you are right people generally like to copy other people in their trades because it avoids them having to do the hard work of researching it.Laughs, that is funny enough, and that is people for you. They like copying something, they made that crypto to battle Bitcoin price. And investors that took part in manufacturing the coin are the ones investing on it too. As they invested other people saw investment are already going through the coin, they took part too.
Yes, there is. And what came to my mind seeing this post is Pinkoin, the coin is used by merchants for transaction and is proudly listed on inksnation website, the coin doesn't really have much acceptance from Nigerians like that, hence the panic that it might be a scam.Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.
Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
Hmm, i never heard about such kind of coin. This the first time, if its a legit and trusted type of coin maybe by now it could've been listed on other exchanger platform like coinbase and binance.Yes, there is. And what came to my mind seeing this post is Pinkoin, the coin is used by merchants for transaction and is proudly listed on inksnation website, the coin doesn't really have much acceptance from Nigerians like that, hence the panic that it might be a scam.