Had my fingers burnt on cloak, luckily only my speculative holding but would steer clear of bob now.. Why would anyone buy into these coins when something like XC is so obviously not a scam and is being developed night and day by a team of dedicated dev's is beyond me.. Hopefully there will be a flight to quality now and the sh1t coins can go where they belong.
Because they are fucking greedy my brother.
On the 15th of Augst the coin was trading between 1500 and 1800 Satoshi. It is now 7000+ Satoshi in the space of a day. And you people honestly expect folk to buy your sells and make you a tidy 300% profit? Dream on. The only ones buying now are the dimwits who bought cloak at 320,000, DRK at 0.024 and LTC at $35. Someone's gotta end up holding the bags and it always seems to be them - no different here.
Ask yourself a few simple questions before buying into a pump: "Why should I give this guy a 300% return on some virtual coins he bought yesterday before his handler announced the pump? Why the hell should he get to profit off me to tune of 300% while I am left with a mere possibility of making anything at all let alone 300%? I sure as hell won't be making 300% so why should I give this guy money to do so?"
Stop thinking about how much money you want to make and think about how much you are actually making for the guy who bought before the pump. Only then will you realise how utterly foolish it is to buy a coin like this at the price it is currently given that you are now aware of the manipulator in control of this rise (and ultimate fall).
Good luck! Not saying its a bad coin - but it sure as hell ain't suddenly worth 500% more than it was 3 days ago.