Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 148. (Read 540250 times)
January 24, 2011, 06:29:25 PM
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January 24, 2011, 05:45:16 AM
Maybe there should be some norm that the closing price is at 00:00 GMT.
January 23, 2011, 06:41:04 PM
What method is used then?
The last price as-of 11:59:59 PM using NAT (Nome -Bering Time) -- a timezone that is GMT-11 I believe? http://www.timezonecheck.com/
The last price as-of 11:59:59 PM using NAT (Nome -Bering Time) -- a timezone that is GMT-11 I believe? http://www.timezonecheck.com/
January 23, 2011, 05:06:48 PM
Fair point. I considered that and waited 3 days before publishing it (we are now 3 days above 0.4$, meaning that for sure one turn of the earth was covered).
Closing prices are always difficult for currencies since they are traded 24/7.
Closing prices are always difficult for currencies since they are traded 24/7.
January 23, 2011, 04:49:59 PM
New all time closing high at MtGox.
"Closing price" seems a pretty arbitrary notion for an exchange that's open 24 hours per day. One could equally look for the "highest all time 2.03pm price at MtGox".
January 23, 2011, 01:30:03 PM
Wild. This is happening much faster than MOST but not all people predicted.
January 23, 2011, 12:17:38 PM
January 21, 2011, 04:07:38 PM
********Alert*********
the market has spoken and decided that the rally goes on and is accelerating
Prices respected the trendline and has broken out to the upside
Further upside surprises likely
Parity by end January still possible
the market has spoken and decided that the rally goes on and is accelerating
Prices respected the trendline and has broken out to the upside
Further upside surprises likely
Parity by end January still possible
Excellente. Muy bien.
January 21, 2011, 01:00:05 PM
********Alert*********
the market has spoken and decided that the rally goes on and is accelerating
Prices respected the trendline and has broken out to the upside
Further upside surprises likely
Parity by end January still possible
the market has spoken and decided that the rally goes on and is accelerating
Prices respected the trendline and has broken out to the upside
Further upside surprises likely
Parity by end January still possible
January 20, 2011, 01:31:38 PM
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January 17, 2011, 05:27:16 PM
Just a quick update (as family member just got sick, I am hoping to give a full update Wednesday)
I want at least to give a brief update: Prices are correcting at the moment. Support should be in the 0.28-0.30 $ area.
I want at least to give a brief update: Prices are correcting at the moment. Support should be in the 0.28-0.30 $ area.
January 14, 2011, 04:43:28 PM
Thanks for the donation of one of you!
And secondly, the poll is reset so you can vote again freshly on "What do you expect BTC/USD prices to do in the next 4 weeks?" See poll on the top of this thread.
And secondly, the poll is reset so you can vote again freshly on "What do you expect BTC/USD prices to do in the next 4 weeks?" See poll on the top of this thread.
January 14, 2011, 03:39:02 PM
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January 12, 2011, 04:47:09 PM
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January 11, 2011, 01:49:57 AM
very nice!
January 10, 2011, 05:34:20 PM
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January 07, 2011, 04:02:34 PM
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January 06, 2011, 09:45:32 AM
I was specifically referring to bitcoinmarket.com price developments.
When clicking on the link I shared last night, (again posted below), you will realize that the all time high on bitcoinmarket.com was not 0.5 but 0.35.
http://bitcoincharts.com/charts/bcmPPUSD#vzcvztgSzm1g10zm2g25
To be 100% honest, the 0.50 high on MtGox was in my experience a "fake high" as 1 or max 2 traders pushed it up with ridiculously low volumes.
That's why I always look at the bigger picture including other exchanges. In this case, I strongly believe that the 0.35 $ high is more important that the 0.50 $ high on MtGox.
The consequence would be that once 0.35 $ will be cleared, the market could easily break 0.50 $ in some point. My view is confirmed if you look into the order book at all exchanges which is very thin beyond 0.35$.
http://bitcoincharts.com/markets/mtgoxUSD.html
When clicking on the link I shared last night, (again posted below), you will realize that the all time high on bitcoinmarket.com was not 0.5 but 0.35.
http://bitcoincharts.com/charts/bcmPPUSD#vzcvztgSzm1g10zm2g25
To be 100% honest, the 0.50 high on MtGox was in my experience a "fake high" as 1 or max 2 traders pushed it up with ridiculously low volumes.
That's why I always look at the bigger picture including other exchanges. In this case, I strongly believe that the 0.35 $ high is more important that the 0.50 $ high on MtGox.
The consequence would be that once 0.35 $ will be cleared, the market could easily break 0.50 $ in some point. My view is confirmed if you look into the order book at all exchanges which is very thin beyond 0.35$.
http://bitcoincharts.com/markets/mtgoxUSD.html
January 06, 2011, 09:21:28 AM
Tonight I am posting a chart from bitcoinmarket as this is very interesting (thanks again to bitcoincharts.com for the great charting tool): You see that we are very close to a new all time high, as prices did not fluctuate as much as on MtGox on this very low volume, insignificant peak at 0.50 $. (Still, MtGox remains the biggest exchange in terms of volume and showing the most variety of fund additions.)
We are only 0.04 $ away from a new all time high there.
We are only 0.04 $ away from a new all time high there.
Hi, thanks for the update. I'm a little confused about this. If the price is currently between 0.29 and 0.3, how are we 0.04 away from a new all time high? 0.3 + 0.04 = 0.34, not 0.5. I'm sure I'm just missing something relating to volume here, but I can't make it out from what you wrote.
January 05, 2011, 06:58:28 PM
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