What on earth is going on? So just because there is a gpu miner, the price went up? It should go even further down.
I'm not agree. Basically after releasing GPU miner price should go up. People, that used their CPUs to mine SKC before, now can't mine a lot, so they will try to sell on higher price. And if some decide to use GPUs for mining SKC instead of LTC ot other scrypt coins, he will try to get higher profit, than from mining LTC on the same hardware. And because of such risk price would be really high.
I mined Skeincoin on all my CPUs for a week and earned about 2k conis. Now I stoped LTC mining and switch all my GPUs to SKC. So I'm loosing some money, that I could earn on LTC, and will try to even higher profit because such risk. And I will wait for Skein market cap of about 2 millions $ (probably 0.25 - 1$ per coin) in the next few month.