(www.wired.com)

544 points josh2600 | 3 comments | 06 Apr 21 16:23 UTC | HN request time: 0.002s | source

Show context

EMM_386 ◴[06 Apr 21 22:22 UTC] No.26718118[source]▶

Mobilecoin was flat for long time at around $7 and then on March 28th started a dramatic rise to $66 today.

There were rumors in late January that Signal was looking into Mobilecoin but that seems unrelated, and I'm not sure I buy a short-squeeze scenario as mentioned on Twitter.

https://coinmarketcap.com/currencies/mobilecoin/

https://twitter.com/classicmacro/status/1375868871509442562

replies(1): >>26718512 #

PragmaticPulp ◴[06 Apr 21 23:10 UTC] No.26718512[source]▶

>>26718118 #

Almost a 10X return in a couple of weeks.

Having inside information on this announcement was highly profitable.

replies(1): >>26718610 #

1. qqii ◴[06 Apr 21 23:25 UTC] No.26718610[source]▶

>>26718512 #

Moxie and Signal's intention to use MobileCoin are well documented, the only question was when.

replies(1): >>26720149 #

2. freeAgent ◴[07 Apr 21 03:04 UTC] No.26720149[source]▶

>>26718610 (TP) #

And yet, someone did guess “when.”

replies(1): >>26720276 #

3. ◴[07 Apr 21 03:27 UTC] No.26720276[source]▶

>>26720149 #

↑

Signal adds a payments feature with a privacy-focused cryptocurrency