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Bitcoin Hit the 3200euro Mark!  Dollar seem to be not affected!

My website: http://www.bitcoinupdate.nl/home/bitcoin-steeg-vannacht-naar-3200-euro


Video uploading: http://youtu.be/cR_DvokZVP8

Lowest ask price is still 418 euro and USD is unaffected. What's going on over there? Any political stance changes? As far as the high being 3200 euro I think there must have been a mistake?

No its real, i had a old sell orderd for-filled @ almost 2000 euro.


Why it go so high, collapse euro? auto traders bug, Bitcoin will be on the NASDAQ in the next view days?
Who knows?

Probably a whale just missclicked and bought all the open orders in the exchange.

No check the volume and trades

Hello !

I can confirm, it is real !
I verified on BTC-E website too !
Wow !!

I think it was a fail of an bot!

poor guy  :-\

So was this all time high?

I should have my order there :O

A glitch in the Matrix !

Whale signal. This is signals that whales send to each other. Winter is coming, prepare for the rise to higher skyes.

Interesting as fuck. This cant be a mistake, too much volume.

A knife on the monitor? Do you want to cut it?  :D :D :D . That's only a simple wrong of some BOT, poor user that have it. I don't think that someone has bought a great quantity of btc for that price.

Lol at the knife, really OG.

Checking btc-e.com , wow it was real. Probably hundreds of BTC in one click :D
Too bad that i miss it!

lol yes. Whales have different communication we dont understand. AMybe he told other wales, about that paypal advertisement.

Actually seen these peaks happen before in bitcoinwisdom back in the MTGOX and the price went up.

Now we can say that 2014 is the best year for bitcoin, we have tripled the previous ATH and the rise was really fast!

Wow, this is pretty amazing. Honestly didn't think I would see anything that high to be fair at least not at the moment. That is a pretty impressive amount!

But tripled is not best i think was over 10 in past.

3200 euros is about $4300

I predicted before, that BTC will not go over 5000 this year. I am sure this was this years max.

well, in a few exchange ... since 3 days, somes members plays with 50BTC ...
(usually, more like 10-12BTC).

A signal of rising or just a random error?

i looked at the charts in bitcoinwisdom and it's pretty interesting in fact, not just a single misclick.

around 0:30 UTC 8th september the price started moving with larger volumes for that market.


first it reached about 400 euro with a volume of 45 bitcoin ($517.77) (intervals of 5 minutes)
at 0:55 UTC it reached a volume of 93 bitcoin and a peak of €472 ($611)

that was just the start

at 1:15 UTC a volume of 98 bitcoin and a peak of €737 ($954)
at 1:30 is really gets crazy and prices reach €3200 ($4142).

soon after that volume picks up even more and price dwindles back to previous levels.

however peaks up to €1000 persist all the way up till 2:30 and peaks to €500 even as far as 5:05

since that moment the volume is much higher than the volume before it.

Is it a clue for what is going to happen? I think too early.

There is Something happening definitely.

Not we can't It was nothing more then a flash rally. The price went back down within minutes and was only on the euro denominated platform. If I had to guess, someone probably tried to buy a lot of bitcoin in euros (which is less traded then bitcoin in dollars) but since the market is thin, the price spiked. 

Yes but trades were made. So this is all time best and probably highest price of BTC this year.

I would try editing your subject header to read"♛ Bitcoin is 320 Euro!!! ♛ "maybe? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ???

No, natural price of Bitcoin after next bubble is around 2k7 according to my calculations, 3200 peak seems good to me.

Maybe someone hit the wrong button :-)

Wow, looking at the chart on bitcoinwisdom makes me want to set high sells on all the fiat exchanges just in case this ever happens again

sure, someone hit the wrong button and had millions of euros and also did multiple wrong trades in sequence?

I was expecting that bitcoin's value will be 3200€ in 2016 but someone wanted to break the trendline.

This. Someone is sending clues. Whale language.

probably linked to the pump/dump indicated at the 11 sept. on twitter line...

The Number of coins buyed and sold are not a rondom error

this is really confusing to me. how can this not be a mistake?

time travel

The trades were made however the price was not sustained for any significant amount of time. There were a pretty small amount of bitcoin actually traded at these prices.

This will be the new floor sooner than later.

Yes after new ATH. But wonder when taht will happen.

I'd like to trade at the price of these...

That spike was amazing but probably we will be there in the next year.

This. Is just a sign, will bump this thread before 5 year pass and 3200 will be bottom.

This is true. Even though the trades technically did happen, they really did not reflect the supply and demand in the market. As a result it is really not fair to say that bitcoin was valued at 3200 eur

last ATH at 1300 usd was also made with little volume. Not as little as here, but still.

This is a rally signal for whales.

Prepare for the pump.

Its just a huge fail

i don't know how you can believe someone who has several million euros can screw up that massively, repeatedly.

whales fail  ;D
now the lowest price is 377 euros

What if it becomes a meme and whales do this every week ?

I need to start having some open trades buying at 100$ and selling at 2000$ + !!! There is fast crashes or huge prices once in a while for a few seconds!

I have a feeling you are correct on this being a signal.... a rally signal who knows but a signal.

I am dumb founded not 1 single news place has wrote an article about this..  I watched the dogecoin price SSSSSKY rocket then all of a sudden go back to what it was 20 min ago and all data of the rise erased.  Although as we all know.. you cannot erase something on the interwebz.

Simply put your sell orders at 3000$ and wait for them :)

Yea, and low bids too. Especially on btc-e as i also remember it went down to 100$..

best guess its just some russian/bulgarian/wtvaeasterner rich dude drinking too much vodka and being a bit itchy sometimes. ;D

you are not the only one beleive me ;)


btw i was like WoW this is for real?

i wouldn't mind

Yep, some dudes are really dumb  :o

btc-e went down to 309 IIRC during the last margin related crash.

In order for your strategy to work you would need to set orders for less commonly traded currency pairs as the BTC-USD pair was not effected and I don't believe that you can trade various types of fiat currencies on most bitcoin exchanges.

3200€ seller dude:


http://www.lmfao.fr/wp-content/uploads/2012/06/552869_10150886796471497_269298244_n.jpg (https://www.youtube.com/watch?v=CtwJvgPJ9xw)

what the hell are you talkign about, where did you see it, i dont see it at

https://bitcoinwisdom.com/markets/btce/btcusd

no spikes there, tell us the precise settings of bitcoinwisdom.com to get to yours statistics...

Yes indeed, I wish I would be the one who sold that high...

You are looking BTC/USD chart, but was on BTC/EUR chart.

I thought BTC markets had more depth than that... It's quite impressive that a handful (or even a individual) of persons are able to empty the sell list

the exact settings i used back then are no longer valid because the 5m chart does not go back in time that far.

the 15 minute chart however does.

i'll make a screenshot and tell you how i set it up

the BTC-e Chart on BTC-EUR on bitcoinwisdom.com (https://bitcoinwisdom.com/markets/btce/btceur) on 15m time interval.

you can clearly see that the price was higher than normal for about 5 hours, and not just for a few minutes.

https://i.imgur.com/2f2t8Qh.png

note the volume (in bitcoin)


(OMG, a 88.75% drop in 1 hour! bitcoin is doomed!)  ;D

The next bubble will bring the current all time high to a value higher than 3200, but the question is "when".

Thanks!
So it ai`t a wild bot to

depends of the exchange and what currency you use. When you buy lots of anything you shoudl always go to exchange with most volume, if get seller out of exchange not to move market to much as was in this case.

I think it was the fact that the currency pair to bitcoin was the Euro. I am pretty sure that BTC/EUR trading is pretty low when compared to BTC/USD trading. Plus the fact that it is not possible to trade between fiat currencies (for example the USD/EUR or EUR/British Pound) on bitcoin exchanges will make it so these pairs will not correlate as much as they should

a picture says more then thousand words...
this time the picture says there were some some million euros buying btc at a price of 1000-3200 € LOL

ladies and gentlemans, your just caught a glimpse of the future  ;D

 
Could it be a viral advertising campaign from BTC-e ?
Now everyone is depositing on it.

nah.

I have two trains of thought on this:

It could it be an attempt to get you to deposit btc and gox you?   Then blame it on the conflict in the area, maybe.

OR

Whale showing us the next target?




thoughts?

Was there whole night the 8th, got some offer at 458 but i didn't see 3k offers at all, it's weird

Could it be someone selling to himself and some bot/guys followed the price?

Why is this not shown here: http://bitcoinity.org/markets/btce/USD ???

dude...
http://bitcoinity.org/markets/btce/EUR
30d

high: 3.200      low: 0.275

http://www.miataturbo.net/attachments/general-miata-chat-9/119589d1406923597-na-nb-miata-hood-louvers-gauging-interest-9vzyqwj-jpg


when you place an order on an exchange, the offer that best matches (i.e. the 'cheapest' for you) your request gets filled, you can not choose which trader to trade with.

for example, if i want to buy a bitcoin and want to buy for say $5000, but the lowest offer is $300, it will automatically buy the $300 one. Even if someone is actually selling for $5000, it's impossible to buy the $5000 before all cheaper options are gone.

If i buy a lot of bitcoin and putting €3200 as the limit, then it would continue buying bitcoin until either 1) there are no bitcoins available for €3200 or cheaper or 2) I run out of money. whichever happens first. It will first buy the cheapest, then the second cheapest, then the third cheapest, etc. The price will rise accordingly, it will rise to the last trade made.

However due to arbitrage the price will be driven down quite quickly, as you can see.


must be an american, unaware there are other currency than dollar.

EURO motherfucker EURO, google it.

I'm not American, I use Euro every day. Anyway, same can happen with USD chart I guess because the sell wall is only ~150 BTC thick :D