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July 01, 2014, 09:35:11 AM |
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I am thinking people bid spot, This is my theory don't flame it, subscribe to it or like it if you do not agree lol.
Buying large amounts of coins on the open market would push the price up, so if someone had the capital to buy large amounts of coins they would infact need I would guess about 10% on top of the spot price to adjust for the increase. The buying the blocks at spot actually is a good deal if you look at it from that view, there is no way you could get large amounts of coins on the open market with out a price increase of some shape or form.
Just my theory lol
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