Fundamental Economic Explanation?
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Does anyone know why or can explain the recent surge in FTC/ BTC price? It’s not so much the value of it that surprises me as much as the recent surge… these happenings are typically triggered by a meaningful event (whether “inside trading” or publicly known)
UNOCS to my knowledge isn’t fully activated… speculation of its success?
Value correction after the dip from the 51% attacks?
Market manipulation?Any thoughts on why this is taking place, thoughts based on fundamental economics?
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I think its from the publicity received and attention after conference
But as they say what goes up must come down
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It started with our PR push over the last couple months and growing community, then stabilized as people speculated about the coin, now the bridge is coming out and everyone wants a piece of it. Sell orders are down over 50% and buy orders are up over 400% in volume compared to a week ago. TBH I am probably going to sell a chunk of my ftc soon and pick up more WDC and PXC before their prices do the same when the bridge comes out.
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RIPPEDDRAGON do not sell just yet.