Soo, is there a whale(s) buying constantly, or are these new adopters driving the price up?
I thought I'd wake up to $20 today.
https://bitcointalk.org/index.php?topic=142047.0 I find what is happening with Coinbase very interesting. They did over 1.000,000 USD in business in January but their funding limit is 100 USD a day. This means over 10,000 transactions. This is showing up on MtGox as a steady stream of very small buy orders.
that is interesting. too bad they didn't correlate that with #new customers.