Yes, it may be that someone set up a fraud site, planning to exploit for profit the influence the unique ticker symbol would have on the emotions of traders. The usual weekend due diligence may reveal more about the truth of the matter to all following the stock.
You have no idea what you are talking about. There are many companies exchanging bitcoins right now. Its a form of helping people buy and sell bitcoins since its no widely assessable to do it on your own. BITC is joining the the business of exchanging.
Check out coinbase.com, I have purchased bitcoins from them personally because I cant go thru the method of mining to get one. I wish coinbase.com was a publicly traded company I would have been in and that stock would have been in the 20's or 30's right now. That is the potential price of BITC right now.
BITC is the perfect ticker for bitcoins to so it may just be a leader if management can work the business the right way.
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