Quote from: knircky on November 12, 2017, 04:34:36 AM

Quote from: Don Pedro Dinero on November 12, 2017, 04:26:27 AM

I get up and see this:

[IMG width=100 ]http://i64.tinypic.com/jr4e8l.jpg[/img]

BCH has gone from around $10 billion market cap to $30 billion market cap in a couple of days. Who the hell has some spare $20 billion to pour into BCH? Buffets net worth is around $77 billion.

I dont think this can only be explained to Roger Ver and Jihan Wu going all in on BCH. They must have persuaded institutional investors to get into BCH. Apart from scared people exchanging BTC for BCH.

I will HODL but this is serious.

If the price of an asset goes up 20b does not mean that 20b moved into it. U can create that price with a fe million if u wanted

True you just need to buy and sell your own stash. I think this is a mere manipulation of market. If I have a huge amount of that coin and also have a huge amount of money, I can rally the price to go up just by stirring investors greed. Once they saw movement, these people will start speculating and buy all the remaining sell order to take advantage of the current trend. This way I can be able to push the price with minimal expenses. Of course Media helps a lot too.