Author

Topic: Do we break $13 this month? (Read 7028 times)

420
hero member
Activity: 756
Merit: 500
December 04, 2012, 05:25:03 PM
#88
Reward halving kicking in.

When will we know the affects of the difficulty change from miners turning rigs off?

Difficulty:
http://dot-bit.org/tools/nextDifficulty.php

Network hashrate:
http://BitcoinCharts.com

Price: http://mtgox.com
legendary
Activity: 2198
Merit: 1311
December 04, 2012, 05:23:34 PM
#87
I voted 'no'.
donator
Activity: 848
Merit: 1078
December 04, 2012, 05:22:41 PM
#86
Reward halving kicking in.

When will we know the affects of the difficulty change from miners turning rigs off?
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
December 04, 2012, 03:22:11 PM
#85
hero member
Activity: 518
Merit: 500
December 04, 2012, 03:11:10 PM
#84
I just voted yes btw
sr. member
Activity: 348
Merit: 250
December 04, 2012, 03:09:13 PM
#83
Reward halving kicking in.
420
hero member
Activity: 756
Merit: 500
December 04, 2012, 02:46:09 PM
#82
Crash to $11+, reasonable...
hero member
Activity: 938
Merit: 501
December 04, 2012, 02:42:28 PM
#81
See? That's what I said. Now let's go for $14! $15 $15.50 and crash!!111

FTFY

FTFY
420
hero member
Activity: 756
Merit: 500
December 04, 2012, 02:31:03 PM
#80
See? That's what I said. Now let's go for $14! $15!!

FTFY
sr. member
Activity: 367
Merit: 250
December 04, 2012, 02:29:12 PM
#79
See? That's what I said. Now let's go for $14!
420
hero member
Activity: 756
Merit: 500
December 04, 2012, 02:24:18 PM
#78
just now Smiley

well within 5hrs was my point ;P
sr. member
Activity: 379
Merit: 250
December 04, 2012, 02:18:49 PM
#77
just now Smiley
420
hero member
Activity: 756
Merit: 500
December 04, 2012, 12:19:13 PM
#76
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
December 04, 2012, 10:51:55 AM
#75
We will break $13.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
December 03, 2012, 09:10:00 PM
#74
Poll reset.  Thanks to the necrobump.
sr. member
Activity: 504
Merit: 250
December 03, 2012, 04:37:17 PM
#73
You are seeing a staged performance!!! Down imminent in the future I see. Don't use your eyes, use the Force.
hero member
Activity: 518
Merit: 500
December 03, 2012, 04:14:58 PM
#72
It's happening right now! Smiley

What? Really? I don't see anything?
sr. member
Activity: 367
Merit: 250
December 03, 2012, 03:56:11 PM
#71
It's happening right now! Smiley
420
hero member
Activity: 756
Merit: 500
November 28, 2012, 06:07:20 PM
#70
is there a low order amount right now?
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
November 27, 2012, 05:59:39 PM
#69
Anyone notice that there are 60k BTC in asks?  Not much anymore.  This is actually a record low... we haven't seen these levels for over a year, I believe.




Ya look at the bid ask graph. When the bid ask spread narrowed and crossed back in July we had a big run-up in price.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
November 27, 2012, 05:17:42 PM
#68

That might explain why it has moved up recently, but you responded to a question about the movement in august, which should have a different explaination?

So I did. Didn't realize it was that old Cheesy
hero member
Activity: 518
Merit: 500
November 27, 2012, 05:08:18 PM
#67
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.

Bitcoin has been in the news a little because of the reward halving. This may have driven some interest.

That might explain why it has moved up recently, but you responded to a question about the movement in august, which should have a different explaination?
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
November 27, 2012, 02:39:56 PM
#66
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.

Bitcoin has been in the news a little because of the reward halving. This may have driven some interest.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
November 27, 2012, 11:10:43 AM
#65
no; short term is down
420
hero member
Activity: 756
Merit: 500
November 27, 2012, 12:39:24 AM
#64
break 13 tomorrow, oops thats nov 27 for me
hero member
Activity: 518
Merit: 500
November 27, 2012, 12:27:56 AM
#63
The question of the day, again!

You are bumping up way too many old threads.

OK, I will stop now.
full member
Activity: 238
Merit: 100
November 27, 2012, 12:24:20 AM
#62
The question of the day, again!

You are bumping up way too many old threads.
hero member
Activity: 518
Merit: 500
November 27, 2012, 12:22:31 AM
#61
The question of the day, again!
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 15, 2012, 05:55:56 PM
#60
but the question is, who could be buying in right now? I'll be honest, I saw the price hit 12.60 and I bought in with the rest of my day to day money, but I doubt many people are just throwing in for the ride upwards (assuming they think there will be one) most of the volume has to come from people buying in fresh.

I dunno. Volume seems pretty flat for the last week or 2. Whoever is buying is doing it in a very controlled way, IMHO.

Yup I agree.

Nice steady rise...
member
Activity: 91
Merit: 10
August 15, 2012, 05:32:35 PM
#59
but the question is, who could be buying in right now? I'll be honest, I saw the price hit 12.60 and I bought in with the rest of my day to day money, but I doubt many people are just throwing in for the ride upwards (assuming they think there will be one) most of the volume has to come from people buying in fresh.

I dunno. Volume seems pretty flat for the last week or 2. Whoever is buying is doing it in a very controlled way, IMHO.
sr. member
Activity: 286
Merit: 251
Extension Blocks <3 Rootstock <3
August 15, 2012, 05:31:57 PM
#58
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.
Demand.

but the question is, who could be buying in right now? I'll be honest, I saw the price hit 12.60 and I bought in with the rest of my day to day money, but I doubt many people are just throwing in for the ride upwards (assuming they think there will be one) most of the volume has to come from people buying in fresh.
Thats what I'm asking myself.
I would never have bought in on at up from $8  Shocked
At the last buble i just broke even. After that I've been almost one year inactive.
Anyway thanks for your thoughts.
newbie
Activity: 26
Merit: 0
August 15, 2012, 05:20:59 PM
#57
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.
Demand.

but the question is, who could be buying in right now? I'll be honest, I saw the price hit 12.60 and I bought in with the rest of my day to day money, but I doubt many people are just throwing in for the ride upwards (assuming they think there will be one) most of the volume has to come from people buying in fresh.
legendary
Activity: 1050
Merit: 1000
August 15, 2012, 05:20:48 PM
#56
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.

one dude (founder of digg, google investor, etc) twitted to +1.3 million followers that he's playing with CoinBase, another VC dude ignited conversation about Bitcoin on his blog among other VCs and such, just of the press BTCST made into media... there is so much going on now outside this forum it's getting hard to keep up with everything.
hero member
Activity: 868
Merit: 1002
August 15, 2012, 05:14:43 PM
#55
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.
Demand.
sr. member
Activity: 286
Merit: 251
Extension Blocks <3 Rootstock <3
August 15, 2012, 05:14:10 PM
#54
Bought in @ $6 because i liked the stable price of bitcoin, while € was really weak.
I should throw a party for breaking $13, but I'm to confused to be pleased with the development.
I simply do not understand whats driving this price.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 15, 2012, 05:10:37 PM
#53
done Grin
newbie
Activity: 26
Merit: 0
August 15, 2012, 05:10:17 PM
#52
this is surreal, 13.15 already
sr. member
Activity: 336
Merit: 250
August 15, 2012, 05:10:04 PM
#51
dear lord baby jesus. This is fun to watch.

Feels like early summer 2011 around here.  That makes me scared.

WHOA. Proudhon is a bull!

But yeah, I'm scared too.
legendary
Activity: 1795
Merit: 1208
This is not OK.
August 15, 2012, 05:09:56 PM
#50
Done and done.
legendary
Activity: 1147
Merit: 1001
August 15, 2012, 05:09:35 PM
#49
YES!!!
legendary
Activity: 1764
Merit: 1002
August 15, 2012, 05:08:59 PM
#48
dear lord baby jesus. This is fun to watch.

Feels like early summer 2011 around here.  That makes me scared.

Holy Mother of Geezuz!  A BULLLLLLLLLL! Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 2198
Merit: 1311
August 15, 2012, 05:08:28 PM
#47
dear lord baby jesus. This is fun to watch.

Feels like early summer 2011 around here.  That makes me scared.
sr. member
Activity: 367
Merit: 250
August 15, 2012, 05:07:26 PM
#46
legendary
Activity: 1022
Merit: 1000
August 15, 2012, 05:04:05 PM
#45
13!
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
August 15, 2012, 05:02:20 PM
#44
here it comes, we're going to 20! Grin
sr. member
Activity: 336
Merit: 250
August 15, 2012, 05:02:05 PM
#43
dear lord baby jesus. This is fun to watch.
legendary
Activity: 1022
Merit: 1000
August 15, 2012, 04:52:41 PM
#42
Bitfloor has had several trades over $13 already.

Bitfloor has already touched the 15
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
August 15, 2012, 04:51:12 PM
#41

Trust me, I can't photoshop anything, it was there for a second.

must be an error, not reflected in any graph and with the current order book is impossible.
8.35177 British pounds = 13.0997512 U.S. dollars
hero member
Activity: 868
Merit: 1002
August 15, 2012, 04:50:31 PM
#40
Bitfloor has had several trades over $13 already.
legendary
Activity: 1022
Merit: 1000
August 15, 2012, 04:47:24 PM
#39

Trust me, I can't photoshop anything, it was there for a second.

must be an error, not reflected in any graph and with the current order book is impossible.
legendary
Activity: 2212
Merit: 1008
August 15, 2012, 04:46:24 PM
#38
12.90 !!!!!!!!!!!!!!!! Grin
newbie
Activity: 26
Merit: 0
August 15, 2012, 04:44:08 PM
#37

Trust me, I can't photoshop anything, it was there for a second.
legendary
Activity: 1022
Merit: 1000
August 15, 2012, 04:40:17 PM
#36
newbie
Activity: 26
Merit: 0
August 15, 2012, 04:38:17 PM
#35
13.02, and this time I got a screenshot.

http://i.imgur.com/VNNLf.png
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
August 15, 2012, 04:24:07 PM
#34
Gox often show a "last price" higher than "high". It's a trade in an other currency converted to USD showing up.
Is this also true for the low? e.g., a low EUR trade?
Don't know. But that would make sense.
full member
Activity: 165
Merit: 100
August 15, 2012, 04:21:26 PM
#33
Gox often show a "last price" higher than "high". It's a trade in an other currency converted to USD showing up.
Is this also true for the low? e.g., a low EUR trade?
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
August 15, 2012, 03:19:27 PM
#32
Gox often show a "last price" higher than "high". It's a trade in an other currency converted to USD showing up.
full member
Activity: 184
Merit: 100
August 15, 2012, 03:18:21 PM
#31

that wall at 12.9 hasn't moved so it did not go past 12.9

Alright, maybe it was 12.86 and I misread it, but its still exciting.
lol sure is
newbie
Activity: 26
Merit: 0
August 15, 2012, 03:17:15 PM
#30

that wall at 12.9 hasn't moved so it did not go past 12.9

Alright, maybe it was 12.86 and I misread it, but its still exciting.
full member
Activity: 184
Merit: 100
August 15, 2012, 03:15:05 PM
#29

I would make a bet with you, I just saw it mate. The high takes a minute to update, especially when it keeps breaking.
that wall at 12.9 hasn't moved so it did not go past 12.9
newbie
Activity: 26
Merit: 0
August 15, 2012, 03:09:17 PM
#28

I would make a bet with you, I just saw it mate. The high takes a minute to update, especially when it keeps breaking.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
August 15, 2012, 03:07:19 PM
#27
newbie
Activity: 26
Merit: 0
August 15, 2012, 03:05:50 PM
#26
12.96 just now

Not on Gox as far as I can tell.

it was on only for a second
legendary
Activity: 1615
Merit: 1000
August 15, 2012, 03:05:03 PM
#25
12.96 just now

Not on Gox as far as I can tell.
newbie
Activity: 26
Merit: 0
August 15, 2012, 03:03:33 PM
#24
12.96 just now
hero member
Activity: 1652
Merit: 569
Catalog Websites
legendary
Activity: 1246
Merit: 1016
Strength in numbers
hero member
Activity: 1652
Merit: 569
Catalog Websites
hero member
Activity: 504
Merit: 500
hero member
Activity: 1652
Merit: 569
Catalog Websites
August 15, 2012, 02:25:26 PM
#19
Do we break $13 today?
Short answer: no
Long answer: yes
full member
Activity: 184
Merit: 100
August 15, 2012, 02:24:33 PM
#18
cant see how we dont break $13 today. Not much standing in the way either
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
August 15, 2012, 02:23:09 PM
#17
Do we break $13 today?
legendary
Activity: 1615
Merit: 1000
August 15, 2012, 02:18:23 PM
#16
12.76...

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
August 15, 2012, 02:16:13 PM
#15
BROKEN ALREADY......short lived lol Cheesy
hero member
Activity: 607
Merit: 500
August 15, 2012, 02:13:59 PM
#14
Yes.
hero member
Activity: 532
Merit: 500
August 15, 2012, 02:12:48 PM
#13
Saw it break ~12.80 today.I'm thinking whoever is responsible for the rally will also be responsible for the next crash.
legendary
Activity: 1022
Merit: 1000
August 15, 2012, 02:10:37 PM
#12
6.68
sr. member
Activity: 350
Merit: 257
Trust No One
August 15, 2012, 01:57:53 PM
#11
Anyone notice that there are 60k BTC in asks?  Not much anymore.  This is actually a record low... we haven't seen these levels for over a year, I believe.

It's normal when price goes upwards so fast. When markets go crazy, sellers remove their orders, wait and sell directly into bid side if they see fit. After a while bid side realizes that the price is too high, demand will weaken and new equilibrium will be established. However, we may see some crash before that new equilibrium is reached, as the ask side is really weak and demand will probably drive the price higher then it should be. This will be a wild ride for a while  Cool
legendary
Activity: 1246
Merit: 1010
August 15, 2012, 12:45:14 PM
#10
Anyone notice that there are 60k BTC in asks?  Not much anymore.  This is actually a record low... we haven't seen these levels for over a year, I believe.

Also happening in a major way on campbx, there's about 130BTC available right now.  For perspective, campbx exchanged  around 2k btc yesterday and more than that day before...

full member
Activity: 215
Merit: 100
August 15, 2012, 12:26:38 PM
#9
but what happens after 13 ?
I see it is very thin, we need some sellers soon,
this creeping is too much fun to be spoiled by parabolic move

No worry. Whoever is buying now will start selling after $13.00 .
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
August 15, 2012, 12:26:16 PM
#8
Anyone notice that there are 60k BTC in asks?  Not much anymore.  This is actually a record low... we haven't seen these levels for over a year, I believe.
hero member
Activity: 530
Merit: 500
August 15, 2012, 11:26:19 AM
#7
but what happens after 13 ?
I see it is very thin, we need some sellers soon,
this creeping is too much fun to be spoiled by parabolic move
full member
Activity: 215
Merit: 100
August 15, 2012, 11:14:09 AM
#6
I thought it would be fun if I posted the thread and then broke $12.50 myself but someone beat me to it!

Updated the question for the next wall...

So, now are you going to take the next wall down yourself  Wink ?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
August 15, 2012, 11:07:43 AM
#5
I thought it would be fun if I posted the thread and then broke $12.50 myself but someone beat me to it!

Updated the question for the next wall...
full member
Activity: 215
Merit: 100
August 15, 2012, 11:01:55 AM
#4
this is getting surreal  Shocked
legendary
Activity: 1022
Merit: 1000
August 15, 2012, 11:01:15 AM
#3
What do you think?  Looks like the wall is crumbling down.

Now
hero member
Activity: 868
Merit: 1002
August 15, 2012, 11:01:01 AM
#2
12.62 - thread over. Smiley
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
August 15, 2012, 10:57:11 AM
#1
What do you think?  Looks like the wall is crumbling down.

*Poll reset on December 3rd.
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