After news of the lawsuit MtGox Coinlab with BTC crashing into account price $ 80. However, this price is a great bargain for speculators. And so it can not be down further. After being pushed back had an "invisible hand" up 2 walls in the $ 90's and $ 100 to get back to pushing prices steady at $ 12x.
However, large quantities were purchased at $ btc 8x not discharged. And "predictable" if this price stability over the next 12 hours, the small trader will profit taking and the price will be down to BTC at $ 10x.
The other coin new high price just because many people buy into the speculation is the main purpose. The coin does not have any service for it, the price will fall down very low compared to the last time out.
With confidence in MtGox, so all your information Gox will greatly influence coin market. And similar to the BTC believe in this, it is gradually selling another coin to focus on the BTC.
The financial information.
No comments: