We need to wait for another 2-3 months until the limited supply of coins is reflected on the exchanges. The proce should rise naturally then.
I'll believe it when I see it. I don't believe most of the newly mined coins ever get anywhere near an exchange anyway. And I don't think serious OTC buyers would ever go anywhere near an exchange.
I suppose they have to obtain them somewhere but that might just make the OTC market bigger from people who would otherwise sell on an exchange. Either way it's not gonna hurt.
"Serious OTC buyers" likely buy off exchanges and dump on exchanges... whether direct or indirect, in order to attempt to push down the price in which they buy without causing upwards slippage when they buy.. but in order to achieve downward slippage to determine their buy price.
Is this model sustainable? Probably not, but currently, if prices are generally influenced by a small number of exchanges (including a fairly low quantity of capital that can achieve such), there is likely some profitability in engaging in such behavior for larger players.