What the hell just happened?
I was trading and suddenly people start buying bitcoins at very elevated prices. They didn't needed to do that, but they did anyways. Buying at more elevated pricess than the sell prices. What the hell happened?
Daddy i want bitcoin!
>future super asset valued on 7 figures a pop
>why people buy it
err
the buyers won the auction. two auctions happening at the same time
>>1349863
We heard this all before back in late 2013.
>>1349881
People were selling at 2248 and they paid 2270. That doesn't look rational at all.