Isn't the fact that xpy doubled in price proof that they did some purchasing?
Who is denying that josh used bots to manipulate the exchanges? I believe those statements. What it showed though was a target price of 25usd and he was unable to blow past 100-200BTC sell walls stopping at 16usd. This means that their are some serious doubts about his claims of having reserves or his intentions of creating those walls as intended.
Orrrrr...that he feels that he got close enough and with PayBase launching within hours, he'll let the market do the rest. Just because 24 hours in Crypto-world feels like an eternity, doesn't mean it actually is.