What do you think was the reason for recent pump?
Was it organic or "helped" some way?
It was 300 and then suddenly 500 and it holds. Im far from chart reading expert, but to me it dangerously looks like it might jump again..
We all know profit parity will equalise and sit around 0% it just need to find the ratio the networks will divide if this can hold its value then bitmain may switch more power over but don't expect everyone to move the people clearly still see BTC as the dominant coin.
It will be interesting what will happen in november when segwit2x forks off I expect a lot to be put back into BTC to gain extra segwit2x coins the same as when this was announced and all alts took a dive.
If that does happen like before then it will need to be decided the best time to sell now while its high of in a month or two when everyone is rushing and crashing the price and will this take away from the other alts again.