Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Mikcik on August 07, 2014, 03:02:05 PM



Title: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 07, 2014, 03:02:05 PM
Did you read this?

http://www.silverdoctors.com/bitcoin-spikes-to-all-time-high-over-7300-from-dark-pool-settlement/

Can someone confirm/denie this, was it a glitch or something in the system? (cause i dont think that guy is lying, i belive its true, but it might have been just be some "program error" on the side of on the programs involved...?

What do you think, what do you think about that "dark pools" trading?



Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Capt Drake on August 07, 2014, 03:16:38 PM
It's a lie.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 07, 2014, 03:21:33 PM
I cant speak russian, dont write in russian in an english forum. Otherwise you think that this guy is lying...? I dont think so...


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: odolvlobo on August 07, 2014, 03:25:11 PM
It must have been a reporting error. None of the exchanges showed prices that high and BitcoinAverage doesn't track "dark pools".


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Kluge on August 07, 2014, 03:27:27 PM
None of the exchanges showed prices that high and BitcoinAverage doesn't track "dark pools", whatever those might be.
I think that's when two hedge fund managers make a BTC500 bet that BTC will reach $7300 by this time next year or he'll pay the guy the difference for the 500 coins from current market rate. :D


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 07, 2014, 03:27:30 PM
Well so what about the pictures... do you think he made them up, as he made up the whole story?


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Xch4ng3 on August 07, 2014, 09:19:08 PM
This happened before, can't find the link though but it was basically someone who made a typo. No one in their right mind would pay $7500 / coin when it's so low at the moment and if they did I feel sorry for them.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Omikifuse on August 07, 2014, 09:32:53 PM
1 - It is a glitch.

2 - It is some reverse mr 102 that acted in some undergrund exchange, then making prices go up for a while

3 - It is plain bullshit made by someone who had nothing to do.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: LiteCoinGuy on August 07, 2014, 11:29:10 PM
no its a lie because that will happen in one year and not today  :D


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Jamacn on August 08, 2014, 05:29:13 AM
Joke?


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Quintessence on August 08, 2014, 07:05:25 AM
There were a lot of different articles with similar appointment and none of them comes true


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: sandykho47 on August 08, 2014, 10:52:05 AM
I think this human error report / a lie.
I didn't see any price up at bitcoinaverage.com

If that's true, give link to BTC price  ;D


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: unexecuted on August 08, 2014, 11:35:15 AM
Uhm, no. Based on the current Bitstamp order book alone, 17k bitcoins can be bought without the price even going above $1000.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Beliathon on August 08, 2014, 12:46:18 PM
Clearly an article written by time travelers from the future.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Jamie_Boulder on August 08, 2014, 01:19:20 PM
Clearly an article written by time travelers from the future.
http://blogs.charlestondailymail.com/nerdliving/files/2011/04/Great-Scott2.jpg


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: ensurance982 on August 08, 2014, 01:39:18 PM
None of the exchanges showed prices that high and BitcoinAverage doesn't track "dark pools", whatever those might be.
I think that's when two hedge fund managers make a BTC500 bet that BTC will reach $7300 by this time next year or he'll pay the guy the difference for the 500 coins from current market rate. :D

Wow, really? That would be a perfect example of big boys who have too much money are bored and thus go and play some stupid games :D
Apart from that, I really don't get what 'dark pools' are supposed to be?


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: DVC on August 08, 2014, 02:25:26 PM
the author from that articles maybe not drunk but seems crazy enough to write that stupid articles  ;D

or maybe its a sign for us  ;D 1 btc =$7300 so we better keep our btc from now
who dont want get rich someday with price up like that.

if that happen , faucet will not give 30-500 satoshi again .maybe 0.01 satoshi  8)

Its to Good To Be True  :'(


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: BowieMan on August 08, 2014, 02:41:30 PM
Hahhahaha, yeah that may be the case! :P We're seeing weird flaws and glitches all the time that give us prices in the $5000s or something. But it may simply be a forecast that we're on the way to those numbers, I guess.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: lucaspm98 on August 08, 2014, 03:25:20 PM
Anybody want to buy my bitcoin at $7300 each?

(I'll be happy to multiply my holdings 10x by buying back in at any exchange)  ;)


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: cutepuppy on August 08, 2014, 03:41:15 PM
Anybody want to buy my bitcoin at $7300 each?

(I'll be happy to multiply my holdings 10x by buying back in at any exchange)  ;)
I wouldn't be surprised if bitcoin really was trading at these levels sometime in the future.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: BowieMan on August 08, 2014, 05:07:20 PM
Anybody want to buy my bitcoin at $7300 each?

(I'll be happy to multiply my holdings 10x by buying back in at any exchange)  ;)

I'll get back to you in a couple years and may or may not take you up on that offer! People would've never thought Bitcoin could reach prices above even a single USD a couple of years ago!


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: keithers on August 08, 2014, 05:28:53 PM
Just read the article. The way that it is written,  it doesn't seem like a typo. If the charts really depict that it was probably a glitch after a big buy order cleared a sell wall


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: BitcoinMillionaire on August 08, 2014, 07:30:35 PM
Did you read this?

http://www.silverdoctors.com/bitcoin-spikes-to-all-time-high-over-7300-from-dark-pool-settlement/

Can someone confirm/denie this, was it a glitch or something in the system? (cause i dont think that guy is lying, i belive its true, but it might have been just be some "program error" on the side of on the programs involved...?

What do you think, what do you think about that "dark pools" trading?



Ha, it was a blast from the future, I tell you! Haha! I guess it isn't that far-fetched to assume Bitcoin will be worth a couple thousand USD in the future, is it? Man, imagine how much my Bitcoin Millions are going to be worth then!!!


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: mrcashking on August 08, 2014, 10:16:43 PM
Well do to USD inflation it could be possible. lol


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: CMMPro on August 08, 2014, 10:48:21 PM
Maybe they meant RMB?


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: nwfella on August 08, 2014, 11:46:00 PM
Don't chu believe it.  Whoever wrote this was obviously mistaken...or high!


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: AlPutino on August 09, 2014, 10:58:52 AM
Uhm, no. Based on the current Bitstamp order book alone, 17k bitcoins can be bought without the price even going above $1000.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: FlowerMatt on August 09, 2014, 11:28:07 AM
Looks like some sort of scammy site to get people investing in bitcoin. reminds me of sites that pump penny stocks


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: ChuckStrawberry on August 09, 2014, 11:43:24 AM
It's the price the last bitcoin would be sold on that exchange, if someone bought all avaible bitcoins on that exchange.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 09, 2014, 01:49:37 PM
Uhm, no. Based on the current Bitstamp order book alone, 17k bitcoins can be bought without the price even going above $1000.

How did you interpret the chart to come out with this statement, can you please explain it?


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Abas67 on August 09, 2014, 01:51:42 PM
Personally I didn't notice this, the price is about $590 right now.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 09, 2014, 01:53:16 PM
Anybody want to buy my bitcoin at $7300 each?

(I'll be happy to multiply my holdings 10x by buying back in at any exchange)  ;)

You absolutelly dont understand how the market works... and you are confusing people like you here. This statement as the whole thread is useless, ok so i get that you think the guy is lying or it was some kind of glitch i just wish there would be some serious discussion about it, and not almost troll like posts :-(.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 09, 2014, 01:56:13 PM
Just read the article. The way that it is written,  it doesn't seem like a typo. If the charts really depict that it was probably a glitch after a big buy order cleared a sell wall

well this is interesting, i still do not full grasp the concept of the buy and sell "wall" orders, can you please clarify what did you meant by "cleared a sell wall"?

Like all avaiable bitcoins were sold and if you would like to buy bitcoin at that point, you would have to accept some ludicrously high price?


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Mikcik on August 09, 2014, 01:58:45 PM
Looks like some sort of scammy site to get people investing in bitcoin. reminds me of sites that pump penny stocks

omg i god :-(... No i dont think so, its a site that pumps something, you are right, but that something is gold and silver (read some of the articles), but they cover BTC also from time to time, i dont think the guy was making it up, so it was really possibly a glitch


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: lemfuture on August 09, 2014, 02:01:11 PM
so buy more


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Sheldor333 on August 16, 2014, 09:09:58 AM
It's a lie. Because it if were true a lot more people and sites would be talking about it, since it would be bitcoin all time high. Don't forget that news like that would be all over the place.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: littlewizard on August 17, 2014, 02:42:57 AM
it is a joke now, however, in a few years that is very possible.


Title: Re: BTC price hiked at $7300 per BTC, what does this mean!?
Post by: Bitcoins101 on August 17, 2014, 02:55:35 AM
It's a lie. Because it if were true a lot more people and sites would be talking about it, since it would be bitcoin all time high. Don't forget that news like that would be all over the place.
Bitcoin traded at $10,000 for a few seconds at CampBX a month or two ago. This story is likely true - it can happen after someone makes an overly large buy order.