Bitcoin Candy largely forgotten by the community

Bitcoin Candy, a hard fork of Bitcoin Cash, or rather, a snapshot segregation, has occurred, but since then no big cryptocurrency exchange has added this new altcoin to its listings. Users of Reddit who followed the topic suspect that this altcoin was actually a marketing scheme by one of the few exchanges which implemented its support.

Coinmarketcap has no data on Bitcoin Candy, although one can see the price on CryptoCompare which is a straight line on the graphics throughout the whole past month. This is very anomalous for volatile digital currencies which can cost $20,000 in one month and from $15,000 to $9,000 afterwards.

As noted by Bitnewstoday from the start, the main reason to expect something strange could have been detected on the official site of the project even before its launch: the list of developers behind the cryptocurrency contained names unbeknownst to the scientific community, as one can witness at Academia.edu.

The actual dangerousness of this digital coin as a scam is little due to the fact that it is hard to acquire in the first place, but while investing in every cryptocurrency may result in losses, in this particular case the investment return is absolutely unimaginable.

Image courtesy of Hammond’s Candies website