"Predictably Irrational" is also a good read. People aren't good at calculating value differences and will go out of their way to save $1. That's why litecoin and ethereum are skyrocketing. It's simply cheaper in total dollars per coin than bitcoin so people are buying that expecting to to rise to the same dollar value as bitcoin.
Coinbase announced they are planning to add more coins to their service next year. Besides dash and monero most of these trade at a fraction of even litecoin. Once that happens expect even more dumb money to flow in with people buying 'cheap' coins because they're 'only' a few dollar a piece.
Coinbase announced they are planning to add more coins to their service next year. Besides dash and monero most of these trade at a fraction of even litecoin. Once that happens expect even more dumb money to flow in with people buying 'cheap' coins because they're 'only' a few dollar a piece.