Author

Topic: Bitcoin record high at 1600 USD !!! (Read 2340 times)

STT
legendary
Activity: 4102
Merit: 1454
May 27, 2014, 09:35:31 PM
#18
It doesnt have to be a glitch but I think he'd have to buy up the whole sell order book, how much is that?  Must be 1000 btc on there to sell, so its extremely unlikely outside of millionaires fleeing a country or the Fed going broke, some major world event, etc.

Ive traded on exchanges that had no matching so you could make the price appear higher just by forcing a sale at a certain price.  Most of them dont allow that though
legendary
Activity: 3766
Merit: 5380
May 27, 2014, 12:52:27 PM
#17
Much glitch

Very Huobi

Rich Chinese

Fake Volume

Crap trading engine

Insider trading

Stupid Government

Soon to be shut down


Wow



Added a few things to your list.   Cheesy
sr. member
Activity: 448
Merit: 250
May 27, 2014, 12:34:29 PM
#16
Much glitch

Very Huobi

Rich Chinese

Wow

full member
Activity: 196
Merit: 101
May 27, 2014, 12:09:45 PM
#15
A spike of 1600 USD is for sure a glitch, how can be eaten all the sell wall in that price range?
It's impossible in my opinion.
full member
Activity: 224
Merit: 100
May 27, 2014, 10:47:19 AM
#14
For those in dis-belief, the OP is correct.

https://bitcointalksearch.org/topic/so-this-just-happened-in-huobi-625501


Could have been a glitch, but nice one Mikcik! Few of us wtf'ed that too.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 3808
Merit: 1723
May 27, 2014, 02:59:49 AM
#12
Look its obviously a quote error. It happens all the time on the exchanges. Usually after a few hours it will get fixed because it messed up the charts.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
May 26, 2014, 05:46:22 PM
#10
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
May 26, 2014, 05:25:35 PM
#9
Last year someone did pay $3600 per bitcoin (however GoXBTC is dead now).

Every single chinese speculator who bought bitcoins at any price is sitting on profits, some of them massive profits.

100% of them!!!

Except the trading noooooooob on GoXBTC who paid 22,213 yuan per BTC or $3,600!  

https://www.goxbtc.com/

What the actual fuck.


legendary
Activity: 2394
Merit: 1216
The revolution will be digital
May 26, 2014, 11:21:31 AM
#8
Did you see it at Huobi :-)?

Bitcoin at 10 000 Yuan (apx. 1600 USD)  it was just a spike, nevethless it is interesting... i wouldnt like to be the one who bought it at such high price... :-)
  

https://bitcoinwisdom.com/markets/huobi/btccny

I wonder if Huobi & BTC China also used or still using some kind of a Willy bot (ref: http://willyreport.wordpress.com) for price manipulation.

Speculative Thought: That BOT may be under the control of Chinese Govt rather than Huobi & BTC China !!! Because I heard they controlled the Google data servers inside the geographical territory of China and thereby made Baidu.com the no. 1 Chinese search engine.
sr. member
Activity: 742
Merit: 250
May 26, 2014, 11:19:45 AM
#7
Wow... thats weird... is this some kind of manipulation? There was for sure a price spike (up) to 10 000 Yuan (around 1600 usd) on 26 th of may 2014 around i dont know, around 11:00 UTC...

Why i dont see it there anymore, did anybody else noticed it (on Huobi exchange, im not sure about the time frame period, but i was visible on several time frame periods i switched (1dm 15m etc.  )

wtf is that? why it isnt recorded?
sr. member
Activity: 742
Merit: 250
May 26, 2014, 11:15:28 AM
#6
No it did not... 1600 USD was the max and it was on huobi, but what the f... i dont see it there anymore... why?? In the middle of the day in the huobi on https://bitcoinwisdom.com there was a huge price spike to 10 000 yuan, but i dont see it there anymore wtf!? I should have taken a picture...

how is this possible? why it doesnt show the spike anymore??
hero member
Activity: 924
Merit: 1001
May 26, 2014, 08:45:36 AM
#5
Record high? You been sleeping under a rock? Or just never looked at a 1-year graph?

What's the maximum according to you?

Maybe he means on the chinese exchange.  I think it got much higher than that at one point when it was 1100 on US exchanges?

-B-
legendary
Activity: 1974
Merit: 1030
May 26, 2014, 06:16:08 AM
#4
Record high? You been sleeping under a rock? Or just never looked at a 1-year graph?

What's the maximum according to you?
sr. member
Activity: 952
Merit: 281
May 26, 2014, 06:13:28 AM
#3
They will still make a profit on that this year probably
legendary
Activity: 812
Merit: 1002
May 26, 2014, 06:08:45 AM
#2
Record high? You been sleeping under a rock? Or just never looked at a 1-year graph?
sr. member
Activity: 742
Merit: 250
May 26, 2014, 06:01:21 AM
#1
Did you see it at Huobi :-)?

Bitcoin at 10 000 Yuan (apx. 1600 USD)  it was just a spike, nevethless it is interesting... i wouldnt like to be the one who bought it at such high price... :-)
  

https://bitcoinwisdom.com/markets/huobi/btccny
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