The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
this
and now we see why someone was holding the BTC price back on BTCE for as long as possible.
BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.
Lots of action, and who knows what happened on Huobi with such a price spike... nearly $400, no?... and maybe someone did really accidentally buy some coins on Huobi for way over market value?
$300 does seem to be within reach, but I would NOT be surprised to hover in the upper $200s for a week or more.
To bad there is no real way to get your money out of those exchanges if you are a foreigner..... :-( :-(
Not that I would really trust those exchanges as a foreigner.