Did you guys heard any news that why asch pumped so much today, i knew its still undervalued, but what happened after all
It's not a real pump. The previous price was an aggregate price based on Chinese exchange volume that actually no longer existed. Once Biduobao's non-existent volume was removed, the only price left was the Bit-z price. Don't let that fool you though , this has been the price range for Asch since it's been listed on Bit-Z.
Hi i have been looking at Asch for a while now and wanted to buy it when it was only 20 cents. But it was only on chinese exchanges. Now it is on Bit-z. The price is 33 cents with a really low volume. If the volume of Biduabao comes to bit-z the price will drop extremely. Do you guys see this happen?
I'm not so sure its a given the price will drop extremely low, but I don't think Biduobao's volume will all magically transfer to Bit-z. That was a pretty sizable amount of volume, and Bit-z is still an exchange that's way under the radar.