I know its not tinfoil Tuesday but I noticed something crazy today. Last time when the bitcoin price started to rapidly rise, Agora's wallet broke. Today the price is climbing quickly and again, Agora's wallet is broken. I wonder if this is related. Is there a lack of coins in the exchange markets without Agora vendors dumping and that causes a rise? Or is Agora closing the wallet in case this is a temporary spike to prevent vendors and users from getting screwed by the exchange rate? Any thoughts about this gentlemen?
Edit: May 7th to 9th (231->247) we had a similar price spike. Did anyone actually manage to get a deposit confirmed during that time period?
I wish reddit had actual dates, here is one of many threads which are probably from early May: http://www.reddit.com/r/AgMarketplace/comments/350bh8/has_been_5_days_since_depositing_coins_into_my/
For future reference, today is June 16th 2015 and the price jumped from 236 to 251. Also of note is a large data gap on Winkdex during the rise, from UTC 9am to 8pm.
I don't think agora has enough pull over the block chain to do this confidently. Vendors don't pull coins and cash out those same coins daily they tend to have a large backup and they are still cashing out coins from a previous week or month