So let me first briefly tell you what happened. Earlier today BCN was trading at around 72 satoshi on both HitBTC and Poloniex, quickly increasing 30% when the news of the Binance listing came along. It opened on Binance at around 300 satoshi and over the past few hours the price has risen to 2320 satoshi on Binance, whereas the current price on HitBTC and Poloniex is at 190 satoshi. To put this into perspective, the circulating supply of BCN is 183,878,867,869 (taken from CMC), whereas the current price on Binance is 0.22$. This puts BCN on a market cap of 40 billion $; right on the third position, between Ethereum and Ripple.
I've been following it closely and found that withdrawals from HitBTC and Poloniex were not working nor was the BCN webwallet. When checking their blockchain explorer we find that no new blocks have been mined for the past 2 hours. The trading on BCN started at 06:02 UTC and since that time only 46 blocks have been mined, containing a total of 997 transactions. The number of transactions that went through seems very small for a coin that just went up over 32x in a few hours.
Thus most investors are not actually able to sell their BCN on Binance. The current BCN supply that's on Binance is very low and therefore it's easy to pump up the price, all the way up to 32x it's original price. This still caused a 150%+ surge on exchanges such as HitBTC and Poloniex.
I'm definitely copping more BCN before the fork in June if I gotta do some Overtime at work to put some money on it I will...
don't know man . something happened tho
I hope you BCN guys on here realized some profits today and cashed out 
but it wasn't as widely used as online promoters would have you think. and the fact that one was pre-mined and the other wasn't says a lot. not saying to totally stay away...get your money man. I might cop a little to see what happens after the fork in June. but when it comes to anything pre-mined i don't trust it especially for the long termSomebody got crazy rich off this shyt tho...
but my gut intrinsically tells me that the fork in june with everything that just happened will be the real test...
I don't know why but I have a feeling it's gonna happen in a greater magnitude for some reason at that time. that's why I'm trying to cobble more now...
