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Up 50% from past 24hs. Previous ATH was ~2500, now at USD 3100 at Coinbase. I was wondering what triggered it. This morning was already at a high price ~2100. I
by fernandopj 9y ago
Up 50% from past 24hs. Previous ATH was ~2500, now at USD 3100 at Coinbase.
I was wondering what triggered it. This morning was already at a high price ~2100. It was somewhat stable around ~1700 just two days ago.
- lkbm 9y agoI'm pretty sure simply being available on Coinbase/gdax triggered it. There are tons casuals like me who just use that.
- CyrusL 9y agoThe commenter you're replying to is saying that he "was wondering." My reading of his comment is that earlier today he was wondering why Bitcoin Cash was up so much (prior to the Coinbase announcement). Now the price action makes sense. There were insiders who knew today was the day that Bitcoin Cash was coming to Coinbase and the price was up on that info. It's really a comment on the nature of unregulated crypto markets and insider trading.
- hisabness 9y agothere were other BCH related announcements like Bitpay this week...
- hisabness 9y agothere were other BCH related announcements like Bitpay...