Bitcoin Forum

Economy => Speculation => Topic started by: theonewhowaskazu on November 10, 2013, 06:42:24 PM



Title: Most Volatile Bitcoin Weekend?
Post by: theonewhowaskazu on November 10, 2013, 06:42:24 PM
I'm pretty sure this weekend has had the greatest volatility of any weekend in Bitcoin history. And we're not even quite done yet. We went from $350, to $395, to $290, to $360, to $295, to $320. Now where?


Title: Re: Most Volatile Bitcoin Weekend?
Post by: 4mherewego on November 10, 2013, 06:43:39 PM
Pretty sure the mtgox hack day had more volatility.

http://images.dailytech.com/nimage/20501_large_BitCoin_Transactions_Gox_2.jpg


Title: Re: Most Volatile Bitcoin Weekend?
Post by: edd on November 10, 2013, 06:50:22 PM
I just happened to be watching the Clark Moody ticker when that happened - very surreal.


Title: Re: Most Volatile Bitcoin Weekend?
Post by: smoothie on November 10, 2013, 06:53:20 PM
Pretty sure the mtgox hack day had more volatility.

http://images.dailytech.com/nimage/20501_large_BitCoin_Transactions_Gox_2.jpg

I'm pretty sure that wasn't real price movement but just from one user (the hacker).


Title: Re: Most Volatile Bitcoin Weekend?
Post by: theonewhowaskazu on November 10, 2013, 08:25:44 PM
Pretty sure the mtgox hack day had more volatility.

http://images.dailytech.com/nimage/20501_large_BitCoin_Transactions_Gox_2.jpg
Ok, that isn't quite fair though. That's like saying Gox's most stable day was the one in which you couldn't trade in April.


Title: Re: Most Volatile Bitcoin Weekend?
Post by: 4mherewego on November 10, 2013, 09:47:45 PM
Pretty sure the mtgox hack day had more volatility.

http://images.dailytech.com/nimage/20501_large_BitCoin_Transactions_Gox_2.jpg
Ok, that isn't quite fair though. That's like saying Gox's most stable day was the one in which you couldn't trade in April.

Least volatile :P


Title: Re: Most Volatile Bitcoin Weekend?
Post by: theonewhowaskazu on November 11, 2013, 01:49:30 AM
Pretty sure the mtgox hack day had more volatility.

http://images.dailytech.com/nimage/20501_large_BitCoin_Transactions_Gox_2.jpg
Ok, that isn't quite fair though. That's like saying Gox's most stable day was the one in which you couldn't trade in April.

Least volatile :P

Yea, sure, whatever. My point is that when gox noobs, you can throw volatility out the window.


Title: Re: Most Volatile Bitcoin Weekend?
Post by: beetcoin on November 11, 2013, 02:14:08 AM
you might be more focused on the dollar # compared to the ratio.


Title: Re: Most Volatile Bitcoin Weekend?
Post by: foggyb on November 11, 2013, 04:17:55 AM
I'm pretty sure this weekend has had the greatest volatility of any weekend in Bitcoin history. And we're not even quite done yet. We went from $350, to $395, to $290, to $360, to $295, to $320. Now where?

Biggest move percentage wise? Not even close. Your numbers represent a 7% correction.

Try $266 to $50 in under 48 hours following the April rally. That's an 81% retrace.

Pretty sure the mtgox hack day had more volatility.

Cute, except that there was no market. Just one seller hacker dumping.


Title: Re: Most Volatile Bitcoin Weekend?
Post by: theonewhowaskazu on November 11, 2013, 04:48:06 AM
I'm pretty sure this weekend has had the greatest volatility of any weekend in Bitcoin history. And we're not even quite done yet. We went from $350, to $395, to $290, to $360, to $295, to $320. Now where?

Biggest move percentage wise? Not even close. Your numbers represent a 7% correction.

Try $266 to $50 in under 48 hours following the April rally. That's an 81% retrace.
That wasn't on a weekend. Also, that was a one-directional move, this weekend there were like $20 moves randomly in each direction every couple of hours.


Title: Re: Most Volatile Bitcoin Weekend?
Post by: crazy_rabbit on November 11, 2013, 07:52:30 AM
I'm pretty sure this weekend has had the greatest volatility of any weekend in Bitcoin history. And we're not even quite done yet. We went from $350, to $395, to $290, to $360, to $295, to $320. Now where?

I highly doubt it. This is remarkably calm.