16K BTC to $600 VS 17.5K to $100 @ Bitstamp... really comforting.
Crazy stuff. This doesn't exactly seems like a healthy market. Where are all the sells coming from?
At any rate, these phases are necessary to further distribute the Bitcoins over the world (cause that is what this is).
24K
BTC to $100 and 9K
BTC to $600 @ Bitfinex.... I am ignoring the fact that usually when the price move a bit up, more Asks build near the target price.....
conclusion: the tension in the crypto market is not healthy at all, it gives me the impression of a coming/near collapse !!
Collapse? You must be joking lol. It will not significantly (not that word!) collapse.