What do you guys think the opening of CryptoAve will do with the price of DGC? The last week, the price has only decreased.
I didnt expected that..
The people who were buying in anticipation of CAve did so before Feb 10th. Remove the demand, and the price will drop.
[EDIT]There's also the BTC price drop to consider.
Allright. I still think it's weird.. Spend allmost the last of my BTC last night on buying DigitalCoins for 0.00024000 BTC each. As CryptoAve should open today, why did it hit the lowest price (together with 11 february) since a long time.. ;\.
We'll see how it goes.
First, it is possible CryptoAve won't open today as Baritus is looking into fixing the newly discovered malleability issue to make sure it cannot possibly affect CryptoAve.
Second, the DGC price is mainly influenced by the overall BTC price as long as people have to go Fiat -> BTC -> DGC. Look at Litecoin, same thing. BTC tonight was going to the 300s on that fucked up exchange called Gox, which led to the other exchanges going down quite a bit as well.
There really is nothing strange about the price.