I think it's a bug or an error it's very high price and not the actual price of Bitcoin as known
But i hope that Bitcoin reach this price soon this would support this cryptocurrency
Topic: Bitcoin at ATH. Reached 2200 USD on Gemini !!! - page 3. (Read 2964 times)
The Gemini exchange doesn't have volume and its order book is nothing. With a buy order large enough you can get the price easily to $5000 and higher there.
Im kinda surprised anyone even had coins for sale up that high. Looks like they might be getting some new accounts over there soon. Now its happened though everyone will be over there incase it happens again, probably unlikely.
It was apparently an error by the trader's side, he meant 220 and screwed up with 2200 by adding an extra zero or something. I think this guy shouldn't have been gifted with that, if we start correcting everyone's mistakes things that aren't mistakes will go reversed with the excuse of being a mistake.
it does not count anything, on a tiny exchange with almost no volume compared to the big one
if it happen on a single exchange is pointless, it was the same with the $160 value on btc-e...
if it happen on a single exchange is pointless, it was the same with the $160 value on btc-e...
I was expecting much more from such a thread. All we see is an order filled either by mistake or something.
We can not consider it an all time high.
We can not consider it an all time high.
This happen to be a quick trade and the price isn't at this level now.However,it is good to see such a price for bitcoin
The Gemini exchange doesn't have volume and its order book is nothing. With a buy order large enough you can get the price easily to $5000 and higher there.
I beg to differ. Last ATH was driven by a single exchange, more particularly by a single man.
Okay, your logic explained: I start a exchange. It has 5 BTC total in sell orders. I buy everything and shoot the price up to $5000 --> new ATH? I think not. Unless we reach this or similar prices on Bitstamp or Bitfinex, there's no point of talking about it. Read:EG it only takes 8btc to knock the price upto $399.99
then 1btc to knock it to $493
then 21.25btc to knock it to $684
then 1btc to knock it to $493
then 21.25btc to knock it to $684
Reaching such a price level on a single exchange != new high. This is just a sign that Gemini needs more liquidity. I'm still waiting for those "investors" that the twins were preparing for.
I beg to differ. Last ATH was driven by a single exchange, more particularly by a single man. 
dont worry about gemini.. just take a look on the right side of the OP's screen shot.
gemini has less then 50bitcoins in total to cover orders from $338-$684, so expect many spikes and dumps on gemini as they dont have the bitcoin to support real trade volume.
EG it only takes 8btc to knock the price upto $399.99
then 1btc to knock it to $493
then 21.25btc to knock it to $684
kind of funny actually that they would show such bare orders with no support
gemini has less then 50bitcoins in total to cover orders from $338-$684, so expect many spikes and dumps on gemini as they dont have the bitcoin to support real trade volume.
EG it only takes 8btc to knock the price upto $399.99
then 1btc to knock it to $493
then 21.25btc to knock it to $684
kind of funny actually that they would show such bare orders with no support
It must be bug or someone was really messed and accidentally did it.
But it is still funny that it hit $2200. HODL guys!
But it is still funny that it hit $2200. HODL guys!
How did this happen, is this kind of a joke or what?
$2200 is way to far from now
$2200 is way to far from now
There was a very thin order book, this is so sick considering if you sold out @$2000 etc for a few bitcoins that might have been your sell target for the next bubble. Now you get to rebuy, oh man!
Reaching such a price level on a single exchange != new high. This is just a sign that Gemini needs more liquidity. I'm still waiting for those "investors" that the twins were preparing for.
It's nothing and there is nothing to worry about for now since everything is back to normal, they are probably just testing their willybot 
Yeaaaah this was on /r/bitcoin 7 hours ago, you're just posting old stuff now...
Everyone is 99% sure it was just an accidental buy. Nothing new here, move along, Bitcoin is not going to the moon yet.
Everyone is 99% sure it was just an accidental buy. Nothing new here, move along, Bitcoin is not going to the moon yet.
How did this happen, is this kind of a joke or what?
$2200 is way to far from now
$2200 is way to far from now
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