Post
Topic
Board Speculation
Re: Automated posting
by
bad trader
on 07/01/2016, 21:58:58 UTC
wow that's escalated quickly, up $20 within a few hours, can anyone here to explain the reason? Huh
Someone could be trying to prop the price up.

Huobi:


And it probably involves lent money (even if it started before all the money was lent).

Bitfinex USD swaps:




"Someone could be trying to prop the price up."


what Huh
It looked likely to drop soon. So you would make a big buy in the hope of stopping that from happening.

I don't know if that was the reason for the pump, though.