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by jtwaleson·10y ago·view on hn ↗
Is it naive to think this NYT article will cause the ETH price to go up for the next few days?

Suppose the article has 10M viewers, 1% decides to buy some ETH for investment, on average $500, that means $50M of extra demand in a matter of days. (These numbers are wild guesses.) Current daily trade volume is $25M.

1 comments
It's not naive, but there is no Coinbase for Ethereum so you need some knowledge to run the node (also, it is not just running it because sometimes it fails to work properly). Taking into account this friction less people will try.
People can buy ether on Bitfinex, Kraken, and Poloniex. The first two take dollars, the last only bitcoins.