Honestly don't mind with the target listed at the poll. Once able to break all price targets there then that was the new ATH.
Besides the only based rates that I have been following is our local exchange rates since this exchange is the only one who can convert our bitcoin into fiat currency of ours with decent rates.
Im currently trading @bitstamp so even I get a decent USD value from there, once I transferred it in our local exchanger still not a fair value I will received.
Topic: What would you consider a new ATH? - page 3. (Read 2706 times)
Well, if you account for the inflation of USD since the gox ATH then the new real ATH should be 1286 IMO..
don't forget that there were several million fewer coins around too.
Well, if you account for the inflation of USD since the gox ATH then the new real ATH should be 1286 IMO..
My understanding is that that happened after the all time high not before. I never used GOX myself but did refer to its charts. Towards the end it was unreliable as a price indicator but at the time of the all time high it was still legit
it was happening for several months before, i think from mid 2013 it had become borderline impossible. in theory you could but hardly anything was going through.
Gox was the biggest exchange at the time and the place everyone used as a proxy for bitcoin price so I go with the GOX price (at least for in US$ )
but the only reason for the premium was that you couldn't get dollars out of it. that doesn't exactly do a bunch for its credibility as a price setter.
My understanding is that that happened after the all time high not before. I never used GOX myself but did refer to its charts. Towards the end it was unreliable as a price indicator but at the time of the all time high it was still legit
Now that some have already voted (pretty close between Bitstamp and Gox), my 5 satoshis:
I think the Bitstamp ATH would be the most "correct" because MtGox's price was distorted to the upside and actually we don't have a "Gox price" to compare with. But at the other hand, I think MtGox's 2013 high is well-known among traders.
So I would agree to European Central Bank and others: The new ATH is _really_ in when all three marks have been sustainably broken. That would be a major buying signal and in my opinion we can safely say that in this case we'll see at least (conservatively said) $1400 or $1500.
I think the Bitstamp ATH would be the most "correct" because MtGox's price was distorted to the upside and actually we don't have a "Gox price" to compare with. But at the other hand, I think MtGox's 2013 high is well-known among traders.
So I would agree to European Central Bank and others: The new ATH is _really_ in when all three marks have been sustainably broken. That would be a major buying signal and in my opinion we can safely say that in this case we'll see at least (conservatively said) $1400 or $1500.
Printing a 1,3xx handle would erase all doubt.
Although MtGox was the largest exchange at the time, the price was being artificially juiced there.
Although MtGox was the largest exchange at the time, the price was being artificially juiced there.
for completeness we may as well break them all 
Gox was the biggest exchange at the time and the place everyone used as a proxy for bitcoin price so I go with the GOX price (at least for in US$ )
but the only reason for the premium was that you couldn't get dollars out of it. that doesn't exactly do a bunch for its credibility as a price setter.
Gox was the biggest exchange at the time and the place everyone used as a proxy for bitcoin price so I go with the GOX price (at least for in US$ )
I only look at it in USD, other countries monies dont mean much to me.
The average between the three is $1193 but I also agree that I'll celebrate when all are broken. $1200 here we come!
The average between the three is $1193 but I also agree that I'll celebrate when all are broken. $1200 here we come!
definitely, definitely not gox. i'll go for bitfinex's ath on bitstamp. then we'll know we're rolling properly.
What price mark can be considered the valid USD ATH until now?
BTC has already broken the Chinese ATH of ~7500 Yuan. The same can be said for the Euro ATH in the ~900 area. But both currencies now have lower values respect to the USD than in 2013. And there are multiple USD ATH's to be considered.
So which one do you consider the right one? When will you post rocket and fireworks pics?
BTC has already broken the Chinese ATH of ~7500 Yuan. The same can be said for the Euro ATH in the ~900 area. But both currencies now have lower values respect to the USD than in 2013. And there are multiple USD ATH's to be considered.
So which one do you consider the right one? When will you post rocket and fireworks pics?
- The MtGox ATH was the highest and on the most popular exchange, but at this moment were already problems with fiat withdrawals, so MtGox regularly had higher prices than the other exchanges.
- The Bitstamp ATH or Bitfinex ATH are pretty close one to the other and can be compared to today, but these exchanges were small in 2013.
- Or would you consider the Chinese or even the Euro ATH more important than the USD one?
When they are ALL broken.
What price mark can be considered the valid USD ATH (all time price high) until now?
BTC has already broken the Chinese ATH of ~7500 Yuan. The same can be said for the Euro ATH in the ~900 area. But both currencies now have lower values respect to the USD than in 2013. And there are multiple USD ATH's to be considered.
So which one do you consider the right one? When will you post rocket and fireworks pics?
BTC has already broken the Chinese ATH of ~7500 Yuan. The same can be said for the Euro ATH in the ~900 area. But both currencies now have lower values respect to the USD than in 2013. And there are multiple USD ATH's to be considered.
So which one do you consider the right one? When will you post rocket and fireworks pics?
- The MtGox ATH was the highest and on the most popular exchange, but at this moment were already problems with fiat withdrawals, so MtGox regularly had higher prices than the other exchanges.
- The Bitstamp ATH or Bitfinex ATH are pretty close one to the other and can be compared to today, but these exchanges were small in 2013.
- Or would you consider the Chinese or even the Euro ATH more important than the USD one?
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