Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
it's only up because they measure the eth/btc pair and BTC is mooning. It's not because demand for Eth is up. You'd know that it you weren't a fkn moron. 
It's up because it dropped some 10% yesterday vs. BTC and Bitcoin's rise today pushed it above its dollar-denominated ATH causing fomo. It needs to do more work to snap the ETH/BTC downtrend it's been in since 0.034.
It might be just capital from people who cahsed out their BTC. Some are just reinvesting in alts hoping to get a little run up over there. Little do they know