Beating Buffett Series
Just as predicted before, the price of bitcoin has been kept abnormally low by potential big buyers to drive off the smaller holders. Now as a chunk of stock is being acquired this reflects in the price uptrend towards doubling from the range of US$400.
Will it be dumped again before shooting up like a rocket? You bet.
Ether is merely responding almost in proportion to the surge of bitcoin price, meaning nothing much has changed in its value.
