Quote from: kryptorynekPL on April 05, 2016, 09:23:18 AM

Quote from: ikonic1 on April 04, 2016, 07:56:10 AM

I have a question about the recent price rise.

I noticed that on April 2 the price rose in a 24 hour period from ~8000 to ~39000 satoshis. The rise started around 07:30 GMT and hit its peak around 16:00.

I am wondering why? Does anyone know of the rationale for this rapid rise?

Because the price is very low, I think that in the six months will be worth about 800 000 satoshis.

I bought a little

Market Cap only
$ 10,455

11700 satoshis - This is a funny price for such old coin.

Well I can see that it doesn't have much value and perhaps should rise.

But why was the rise so rapid? Why not a gradual rise over weeks or months? I'm wondering if there was a specific reason why the price rose so fast on April 2?