Keep preaching the Mbtc. The sooner we get it onto the exchanges the better.
Careful with the capitals: Mbtc is Mega-BTC, which is 1,000,000 BTC
I think you wanted to say mBTC -- Milli-Bitcoin
Topic: Top 20 days for Bitcoin - page 127. (Read 105501 times)
Careful with the capitals: Mbtc is Mega-BTC, which is 1,000,000 BTC
I think you wanted to say mBTC -- Milli-Bitcoin
I like the use of MBTC.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
I just hope rpietila gets his proper credit in history for the usage of mBTC. For how much grief the poor guy took when initially using it, I think we owe him that
Thank you, sir, for these kind words. Perhaps will, perhaps won't, History will show.
Besides, I am a rich guy so no need to worry about it
Keep preaching the Mbtc. The sooner we get it onto the exchanges the better.
I like the use of MBTC.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
I just hope rpietila gets his proper credit in history for the usage of mBTC. For how much grief the poor guy took when initially using it, I think we owe him that
Thank you, sir, for these kind words. Perhaps will, perhaps won't, History will show.
Besides, I am a rich guy so no need to worry about it
I like the use of MBTC.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
I just hope rpietila gets his proper credit in history for the usage of mBTC. For how much grief the poor guy took when initially using it, I think we owe him that
Agreed on the exchange shift. I'm starting to hear and see "I just can't believe a Bitcoin is $200." A unit of '1', though natural, is just as arbitrary as any other order of magnitude for something which is divisible down to satoshis. I think it'll be a lot easier for Bitcoin prices to go from $0.209/mB to $10.0/mB than it will be for prices to go from $209/BTC to $10000/BTC.
Yeah, anyone who doesn't get this just doesn't understand the human psyche. People want to say, well Berkshire Hathaway is $180k a share and I just shake my head.
I like the use of MBTC.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
I just hope rpietila gets his proper credit in history for the usage of mBTC. For how much grief the poor guy took when initially using it, I think we owe him that
Agreed on the exchange shift. I'm starting to hear and see "I just can't believe a Bitcoin is $200." A unit of '1', though natural, is just as arbitrary as any other order of magnitude for something which is divisible down to satoshis. I think it'll be a lot easier for Bitcoin prices to go from $0.209/mB to $10.0/mB than it will be for prices to go from $209/BTC to $10000/BTC.
I like the use of MBTC.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
Rep for being one of the first to use this.
Once we pass 500, I'm in the bandwagon to change it on the exchanges.
I like watching the Aprils slowly creeping off of the list. Only 7 left! Unprecedented stability in this price range.
Update. Prices are high enough that I feel it prudent to change the units slightly.
1. 2013-04-09: 0.21467 USD/mBTC
2. 2013-10-30: 0.20105 USD/mBTC
3. 2013-10-29: 0.20017 USD/mBTC
4. 2013-10-23: 0.19625 USD/mBTC
5. 2013-10-28: 0.19485 USD/mBTC
6. 2013-10-22: 0.18914 USD/mBTC
7. 2013-10-27: 0.18876 USD/mBTC
8. 2013-10-24: 0.18591 USD/mBTC
9. 2013-04-10: 0.18465 USD/mBTC
10. 2013-10-26: 0.18218 USD/mBTC
11. 2013-04-08: 0.18149 USD/mBTC
12. 2013-10-25: 0.17940 USD/mBTC
13. 2013-10-21: 0.17572 USD/mBTC
14. 2013-10-20: 0.16518 USD/mBTC
15. 2013-10-19: 0.16326 USD/mBTC
16. 2013-04-11: 0.15893 USD/mBTC
17. 2013-04-07: 0.15426 USD/mBTC
18. 2013-04-24: 0.15207 USD/mBTC
19. 2013-10-18: 0.14831 USD/mBTC
20. 2013-04-25: 0.14307 USD/mBTC
Changed the format a bit. Data presented is still the same.
1. 2013-04-09: 214.67 USD/BTC
2. 2013-10-29: 200.17 USD/BTC
3. 2013-10-23: 196.25 USD/BTC
4. 2013-10-28: 194.85 USD/BTC
5. 2013-10-22: 189.14 USD/BTC
6. 2013-10-27: 188.76 USD/BTC
7. 2013-10-24: 185.91 USD/BTC
8. 2013-04-10: 184.65 USD/BTC
9. 2013-10-26: 182.18 USD/BTC
10. 2013-04-08: 181.49 USD/BTC
11. 2013-10-25: 179.40 USD/BTC
12. 2013-10-21: 175.72 USD/BTC
13. 2013-10-20: 165.18 USD/BTC
14. 2013-10-19: 163.26 USD/BTC
15. 2013-04-11: 158.93 USD/BTC
16. 2013-04-07: 154.26 USD/BTC
17. 2013-04-24: 152.07 USD/BTC
18. 2013-10-18: 148.31 USD/BTC
19. 2013-04-25: 143.07 USD/BTC
20. 2013-10-16: 142.61 USD/BTC
Continuing the trot to the top.
1. 2013-04-09 W. Avg: 214.67
2. 2013-10-23 W. Avg: 196.25
3. 2013-10-28 W. Avg: 194.85
4. 2013-10-22 W. Avg: 189.14
5. 2013-10-27 W. Avg: 188.76
6. 2013-10-24 W. Avg: 185.91
7. 2013-04-10 W. Avg: 184.65
8. 2013-10-26 W. Avg: 182.18
9. 2013-04-08 W. Avg: 181.49
10. 2013-10-25 W. Avg: 179.40
11. 2013-10-21 W. Avg: 175.72
12. 2013-10-20 W. Avg: 165.18
13. 2013-10-19 W. Avg: 163.26
14. 2013-04-11 W. Avg: 158.93
15. 2013-04-07 W. Avg: 154.26
16. 2013-04-24 W. Avg: 152.07
17. 2013-10-18 W. Avg: 148.31
18. 2013-04-25 W. Avg: 143.07
19. 2013-10-16 W. Avg: 142.61
20. 2013-04-29 W. Avg: 142.25
Going a bit more in-depth, we have the king effect clearly seen in Bitcoin prices:
The king effect means that when Bitcoin goes back up above $30, it will either continue to rise before a sizable collapse, or collapse immediately. For example, all of the following are plausible scenarios:
The king effect means that it is unlikely we will see both new highs and stability. One has to go.
That's cool. Learned something new. The king effect means that when Bitcoin goes back up above $30, it will either continue to rise before a sizable collapse, or collapse immediately. For example, all of the following are plausible scenarios:
- Price remains below ~$25, with stability
- Price rises above ~$25, then quickly collapses below ~$25, with some stability
- Price rises above ~$25, then continues rising to around $40 before returning to the $25 to $30 level, with little stability
- Price rises above ~$25, then continues rising to far above $25 before collapsing but remaining above $25, with almost no stability
The king effect means that it is unlikely we will see both new highs and stability. One has to go.
Slowly creeping back up.
Nothing interesting with this. It's just an alternative presentation of the recent bubble
If you look closely you can see the June 2011 bubble as well.
1. 2013-04-09 W. Avg: 214.67
2. 2013-10-23 W. Avg: 196.25
3. 2013-10-22 W. Avg: 189.14
4. 2013-10-27 W. Avg: 188.76
5. 2013-10-24 W. Avg: 185.91
6. 2013-04-10 W. Avg: 184.65
7. 2013-10-26 W. Avg: 182.18
8. 2013-04-08 W. Avg: 181.49
9. 2013-10-25 W. Avg: 179.40
10. 2013-10-21 W. Avg: 175.72
11. 2013-10-20 W. Avg: 165.18
12. 2013-10-19 W. Avg: 163.26
13. 2013-04-11 W. Avg: 158.93
14. 2013-04-07 W. Avg: 154.26
15. 2013-04-24 W. Avg: 152.07
16. 2013-10-18 W. Avg: 148.31
17. 2013-04-25 W. Avg: 143.07
18. 2013-10-16 W. Avg: 142.61
19. 2013-04-29 W. Avg: 142.25
20. 2013-04-06 W. Avg: 142.16
Here's something marginally more interesting: weighted average by day of year. This data is uncorrected. Thus, all sorts of anomalies such as the end of data series, switch from Gox to Bitstamp, Gox trading freeze, February 29, etc. are left as-are.
Nothing interesting with this. It's just an alternative presentation of the recent bubble
If you look closely you can see the June 2011 bubble as well
.
Actually, there may be something interesting in this. The run up in April may have been solved as being as simple as people getting their tax returns back and investing large amounts in BTC. It will be interesting to see if 2014 follows the same phenomenon.
Redaction:
Here's something marginally more interesting: weighted average by day of year. This data is uncorrected. Thus, all sorts of anomalies such as the end of data series, switch from Gox to Bitstamp, Gox trading freeze, February 29, etc. are left as-are.
Nothing interesting with this. It's just an alternative presentation of the recent bubble
Daily weighted averages are computed independently based on Bitstamp USD Volume / Bitstamp BTC Volume. Before June 10, 2013, Mt. Gox weighted averages from Bitcoincharts.com were used.
1. 2013-04-09 W. Avg: 214.67
2. 2013-10-23 W. Avg: 196.25
3. 2013-10-22 W. Avg: 189.14
4. 2013-10-24 W. Avg: 185.91
5. 2013-04-10 W. Avg: 184.65
6. 2013-10-26 W. Avg: 182.18
7. 2013-04-08 W. Avg: 181.49
8. 2013-10-25 W. Avg: 179.40
9. 2013-10-21 W. Avg: 175.72
10. 2013-10-20 W. Avg: 165.18
11. 2013-10-19 W. Avg: 163.26
12. 2013-04-11 W. Avg: 158.93
13. 2013-04-07 W. Avg: 154.26
14. 2013-04-24 W. Avg: 152.07
15. 2013-10-18 W. Avg: 148.31
16. 2013-04-25 W. Avg: 143.07
17. 2013-10-16 W. Avg: 142.61
18. 2013-04-29 W. Avg: 142.25
19. 2013-04-06 W. Avg: 142.16
20. 2013-10-17 W. Avg: 141.81
This is just the beginning. We have a long way to go.
Daily weighted averages are computed independently based on Bitstamp USD Volume / Bitstamp BTC Volume. Before June 10, 2013, Mt. Gox weighted averages from Bitcoincharts.com were used.
1. 2013-04-09 W. Avg: 214.67
2. 2013-10-23 W. Avg: 196.25
3. 2013-10-22 W. Avg: 189.14
4. 2013-10-24 W. Avg: 185.91
5. 2013-04-10 W. Avg: 184.65
6. 2013-10-26 W. Avg: 182.18
7. 2013-04-08 W. Avg: 181.49
8. 2013-10-25 W. Avg: 179.40
9. 2013-10-21 W. Avg: 175.72
10. 2013-10-20 W. Avg: 165.18
11. 2013-10-19 W. Avg: 163.26
12. 2013-04-11 W. Avg: 158.93
13. 2013-04-07 W. Avg: 154.26
14. 2013-04-24 W. Avg: 152.07
15. 2013-10-18 W. Avg: 148.31
16. 2013-04-25 W. Avg: 143.07
17. 2013-10-16 W. Avg: 142.61
18. 2013-04-29 W. Avg: 142.25
19. 2013-04-06 W. Avg: 142.16
20. 2013-10-17 W. Avg: 141.81
There was nothing interesting in daily weighted averages.
I think it is very interesting to know there were only 3 days with a higher daily weighted average then 2013-10-24. Anyway, thanks for these overviews, I appreciate it very much. Where do you get these daily weighted averages from?
Nothing new in daily weighted averages.
But now we're missing yesterday in the daily weighted averages?
x. 2013-10-24 W. Avg: xxx.xx
There was nothing interesting in daily weighted averages. Here's today's; it remains relatively uninteresting. With some claiming the bubble has popped, it is possible we'll have to wait a while before we surpass April 9.
1. 2013-04-09 W. Avg: 214.67
2. 2013-10-23 W. Avg: 196.25
3. 2013-10-22 W. Avg: 189.14
4. 2013-10-24 W. Avg: 185.91
5. 2013-04-10 W. Avg: 184.65
6. 2013-04-08 W. Avg: 181.49
7. 2013-10-25 W. Avg: 179.40
8. 2013-10-21 W. Avg: 175.72
9. 2013-10-20 W. Avg: 165.18
10. 2013-10-19 W. Avg: 163.26
11. 2013-04-11 W. Avg: 158.93
12. 2013-04-07 W. Avg: 154.26
13. 2013-04-24 W. Avg: 152.07
14. 2013-10-18 W. Avg: 148.31
15. 2013-04-25 W. Avg: 143.07
16. 2013-10-16 W. Avg: 142.61
17. 2013-04-29 W. Avg: 142.25
18. 2013-04-06 W. Avg: 142.16
19. 2013-10-17 W. Avg: 141.81
20. 2013-04-30 W. Avg: 139.87
Redaction:
Here's something marginally more interesting: weighted average by day of year. This data is uncorrected. Thus, all sorts of anomalies such as the end of data series, switch from Gox to Bitstamp, Gox trading freeze, February 29, etc. are left as-are.
Nothing new in daily weighted averages.
But now we're missing yesterday in the daily weighted averages?
x. 2013-10-24 W. Avg: xxx.xx
Nothing new in daily weighted averages. Weekly weighted average has reached a new high though:
1. 2013-10-18 through 2013-10-24 W. Avg: 177.82
2. 2013-04-05 through 2013-04-11 W. Avg: 175.81
3. 2013-04-04 through 2013-04-10 W. Avg: 172.88
4. 2013-10-17 through 2013-10-23 W. Avg: 172.05
5. 2013-10-16 through 2013-10-22 W. Avg: 164.67
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