Stellar lumens is exploding, this may be the reason why!
Guys, someone just sent this to me: IBM is in the process of starting an exchange that will CRUSH Coinbase and Gemini both! Being able to exchange fiat to 30+ crypto coins without the need to swap USD to BTC to an alt coin. The site is said to go live Q1 of 2018.
Here is all the info you need:
Website: https://fairx.io/
Twitter(look who the page is following): https://twitter.com/fairxio/following
FairX LLC public information: http://nvsos.gov/sosentitysearch/CorpDetails.aspx…
Google the companies officers and you will see they are from IBM.
You will also notice Stellar Lumens(XLM) is highlighted on the cover image on their website and Twitter. XLM is IBM's blockchain partner which can atomic swap all fiat and crypto currencies. This leads me to believe FairX will be ran using XLM instead of BTC because of its extremely extremely fast and cheap transfers.
This is pretty major, IBM has the money, talent and resources to completely obliterate the other exchanges.
My rant on this:
