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Title: All Time High Watch Version 3.0 Post by: theonewhowaskazu on October 23, 2013, 12:23:48 AM MTGOX All-Time High
$266 Current Price: -24%. MTGOX Closing High $228 Current Price: -11% BITSTAMP All-Time High $260 Current Price: -27% BITSTAMP Closing High $229 Current Price: -17% BTCChina All-Time High 1944 Current Price: -36% Anybody who could contribute China data would be appreciated. Title: Re: All Time High Watch Version 3.0 Post by: dree12 on October 23, 2013, 12:51:35 AM China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.
Title: Re: All Time High Watch Version 3.0 Post by: windjc on October 23, 2013, 12:52:44 AM China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post. I disagree. I think technically, closing highs are more important than all-time high. Title: Re: All Time High Watch Version 3.0 Post by: theonewhowaskazu on October 23, 2013, 12:56:16 AM Wow, so we're still over 1/3rd lower than the China ATH? Sorta weird, considering most people here ignored china last time around, but this time are calling it the market mover.
Title: Re: All Time High Watch Version 3.0 Post by: smoothie on October 23, 2013, 12:58:46 AM China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post. I disagree. I think technically, closing highs are more important than all-time high. This ^. Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high. Title: Re: All Time High Watch Version 3.0 Post by: theonewhowaskazu on October 23, 2013, 01:01:02 AM China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post. I disagree. I think technically, closing highs are more important than all-time high. This ^. Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high. You could argue that a daily weighted average, would, then, be the most valuable. Title: Re: All Time High Watch Version 3.0 Post by: dree12 on October 23, 2013, 01:01:31 AM China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post. I disagree. I think technically, closing highs are more important than all-time high. This ^. Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high. You are contradicting yourself. The closing price is just one point, which fails to measure sustained price. If you wish to measure sustained price, the Weighted Average would best suit you (as theonewhowaskazu had already pointed out). Title: Re: All Time High Watch Version 3.0 Post by: windjc on October 23, 2013, 01:01:44 AM Wow, so we're still over 1/3rd lower than the China ATH? Sorta weird, considering most people here ignored china last time around, but this time are calling it the market mover. Correct. The charts show China had a bigger high, bigger bubble last time. However, it was on relatively lower volume I believe. Title: Re: All Time High Watch Version 3.0 Post by: FNG on October 23, 2013, 01:06:04 AM Bitcoin doesn't close
Title: Re: All Time High Watch Version 3.0 Post by: nobbynobbynoob on October 23, 2013, 01:21:03 AM Based on weekly weighted averages we must be at or close to ATH already. IMO period-weighted averages are better yardsticks than the occasional brief bubbletop spew.
Title: Re: All Time High Watch Version 3.0 Post by: dree12 on October 23, 2013, 01:22:08 AM Based on weekly weighted averages we must be at or close to ATH already. IMO period-weighted averages are better yardsticks than the occasional brief bubbletop spew. Not yet. 1. 2013-04-05 through 2013-04-11 W. Avg: 175.81 2. 2013-04-04 through 2013-04-10 W. Avg: 172.88 3. 2013-10-16 through 2013-10-22 W. Avg: 164.67 4. 2013-04-03 through 2013-04-09 W. Avg: 157.91 5. 2013-10-15 through 2013-10-21 W. Avg: 154.99 Title: Re: All Time High Watch Version 3.0 Post by: theonewhowaskazu on October 23, 2013, 02:24:30 AM A daily volume-weighted average would have an all-time-high I would think of slightly lower than the closing high, considering it crashed later that very same day on high volume, probably lowering the next day's average.
Title: Re: All Time High Watch Version 3.0 Post by: derpinheimer on October 23, 2013, 03:06:28 AM China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post. I disagree. I think technically, closing highs are more important than all-time high. This ^. Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high. Closing is completely arbitrary, therefore.. no. Title: Re: All Time High Watch Version 3.0 Post by: theonewhowaskazu on October 23, 2013, 02:48:25 PM UPDATE:
MTGOX All-Time High $266 Current Price: -20%. MTGOX Closing High $228 Current Price: -07% BITSTAMP All-Time High $260 Current Price: -25% BITSTAMP Closing High $229 Current Price: -15% BTCChina All-Time High 1944 Current Price: -35% Pretty close to the Goxxian closing high. Title: Re: All Time High Watch Version 3.0 Post by: theonewhowaskazu on October 24, 2013, 01:36:58 AM Time for yet another fun update :D
MTGOX All-Time High $266 Current Price: -14% MTGOX Closing High $228 Current Price: +0.4% BITSTAMP All-Time High $260 Current Price: -22% BITSTAMP Closing High $229 Current Price: -10% BTCChina All-Time High 1944 Current Price: -32% |