Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Ushler
on 08/12/2016, 09:59:43 UTC
This could be the cause: https://twitter.com/tensorjack/status/806084099202945024

If this is true (at least partially) then a huge bounce can happen with so many shorts in the .009 and .01 area...

Yeah, I saw that. I wouldn't ascribe too much of ETH's fall to just that one guy, but 760K is certainly a possible bottom for now.

Not to worry too much about the Eth price. It is rising at the moment. It is 0.0115 bitcoin, almost 15% from yesterday.