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Topic: what the heck triggered that spike? - page 3. (Read 6125 times)

hero member
Activity: 728
Merit: 500
In cryptography we trust
November 22, 2012, 07:40:31 AM
#11
That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.

He may have made the best investment of his life.
legendary
Activity: 1458
Merit: 1006
November 22, 2012, 07:37:33 AM
#10
That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.

It tends to happen when a lot of funds hit Mt.Gox all at once. (Waiting bids get filled in.)

It's either that... or... a big blue bitcoin monster... Smiley
legendary
Activity: 1764
Merit: 1002
November 22, 2012, 07:31:54 AM
#9
 Cheesy
legendary
Activity: 1834
Merit: 1019
November 22, 2012, 07:23:48 AM
#8
and there it was, boom!

what happened?

Someone bought ~36K BTC. In one big bite. (More than 420000 USD worth.)




That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.
legendary
Activity: 1458
Merit: 1006
November 22, 2012, 07:14:44 AM
#7
and there it was, boom!

what happened?

Someone bought ~36K BTC. In one big bite. (More than 420000 USD worth.)


full member
Activity: 238
Merit: 100
November 22, 2012, 07:06:10 AM
#6
People were getting hungry for thanksgiving! Happy thanksgiving everyone!  Cheesy
hero member
Activity: 616
Merit: 502
November 22, 2012, 06:59:50 AM
#5
boom. Just boom ..  Undecided
legendary
Activity: 1834
Merit: 1019
November 22, 2012, 06:51:11 AM
#4
we are nearing the reward halving, expect high volatility; spikes and crashes

good.
sr. member
Activity: 350
Merit: 257
Trust No One
November 22, 2012, 06:33:10 AM
#3
we are nearing the reward halving, expect high volatility; spikes and crashes
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 22, 2012, 04:20:23 AM
#2
2nd part of the wordpress rally. The bulk waited for the right trigger to buy after they wired their cash to mtgox.
Sheeple, herding and such.  That was well expected.

What triggered it, at this point in time? Probably what Mister M. had last breakfast. Smiley
sr. member
Activity: 420
Merit: 250
November 22, 2012, 04:14:05 AM
#1
and there it was, boom!

what happened?
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