Bitcoin Forum

Economy => Speculation => Topic started by: tkbx on November 05, 2013, 05:58:55 PM



Title: All-time high price?
Post by: tkbx on November 05, 2013, 05:58:55 PM
What is the all-time high price for Bitcoin? Have we passed it yet?

I can't find any info, but I vaguely recall $260 something?


Title: Re: All-time high price?
Post by: TheBorg on November 05, 2013, 06:01:22 PM
If i remember right it was 265$.


Title: Re: All-time high price?
Post by: BobMarley on November 05, 2013, 06:14:06 PM
the all time price was little above 260, set a few months ago


Title: Re: All-time high price?
Post by: bitcon on November 05, 2013, 07:30:51 PM
$266 suckaz. hows that 10,000btc pizza looking today?


Title: Re: All-time high price?
Post by: beegatewood on November 06, 2013, 05:25:09 AM
We passed it... So Hurray.... its time to drop?


Title: Re: All-time high price?
Post by: bitcon on November 06, 2013, 05:45:48 AM
last time we broke the ATH the price went up an additional $232 before it crashed. i expect it to keep going up. how far this time is uncertain.


Title: Re: All-time high price?
Post by: Jeffrey Boyd Garrison on November 06, 2013, 08:26:12 AM
I think the price will drop down to 190 in a couple of days.


Title: Re: All-time high price?
Post by: Davyd05 on November 06, 2013, 08:51:10 AM
I think the price will drop down to 190 in a couple of days.
that'd be golden, cause it'd be about time all the fiat hits my exchange account.

however I bought in on localbitcoins at 142, waited too long at 123 dammit. Hopefully I can increased my wallet size soon though


Title: Re: All-time high price?
Post by: SemiMolten on November 06, 2013, 08:59:31 AM
Hopefully, it wont crash this time. Like what happened last time.


Title: Re: All-time high price?
Post by: elasticband on November 06, 2013, 10:01:43 AM
the high was $266, but 205euro

Euro is doing well vs dollar right now, so the current high is 196.9euro, still 10 more euro to go($20?)


Title: Re: All-time high price?
Post by: kokjo on November 06, 2013, 10:36:14 AM
Yup, its up up and away time. :D see you at 1000-2000 usd.


Title: Re: All-time high price?
Post by: gaston909 on November 06, 2013, 10:43:33 AM
something something moon


Title: Re: All-time high price?
Post by: ixne on November 06, 2013, 10:48:23 AM
Crazy. To think that back in 2011 we were arguing about whether $8 was overpriced...


Title: Re: All-time high price?
Post by: kokjo on November 06, 2013, 10:51:46 AM
Crazy. To think that back in 2011 we were arguing about whether $8 was overpriced...
$8 was overpriced in '11. things change.


Title: Re: All-time high price?
Post by: Karmicads on November 06, 2013, 12:25:32 PM
Quote from: gaston909 link=topic=32558
1.msg3497548#msg3497548 date=1383734613
something something moon

...and the dish ran away with the spoon.


Title: Re: All-time high price?
Post by: Abdussamad on November 06, 2013, 01:50:54 PM
Think it will mini-correct but we may see btc price push on further

The world has changed since April when we were last year

The run-up has been more sedate, the ecosystem is broader and deeper, and there is a broader range of market participants

How is the ecosystem broader and deeper? Apart from the recent Baidu announcement we have seen no new major merchant take up bitcoin.


Title: Re: All-time high price?
Post by: kgo on November 06, 2013, 03:06:50 PM
Think it will mini-correct but we may see btc price push on further

The world has changed since April when we were last year

The run-up has been more sedate, the ecosystem is broader and deeper, and there is a broader range of market participants

How is the ecosystem broader and deeper? Apart from the recent Baidu announcement we have seen no new major merchant take up bitcoin.

Well for one we're no longer tied to a single exchange that can be DDOSed, effectively destroying the entire global BTC market.


Title: Re: All-time high price?
Post by: btcforall777 on November 07, 2013, 12:54:45 AM
market is not as susceptible to manipulation throughmultiple repetaed MT Gox DDOS attacks. In my opinion, had those not happened
the market would not have crashed.

that said, 1000 within 90 days baring some other market manipulation is not out of the question, especially with the chinese on board now


Title: Re: All-time high price?
Post by: TheBorg on November 07, 2013, 01:01:18 AM
market is not as susceptible to manipulation throughmultiple repetaed MT Gox DDOS attacks. In my opinion, had those not happened
the market would not have crashed.

that said, 1000 within 90 days baring some other market manipulation is not out of the question, especially with the chinese on board now

1000$ in 90days? I don't think that is going to happen. When the price starts to rise many will stop trading since they will wait for a price to go up. No trade, price will drop.


Title: Re: All-time high price?
Post by: 31337157 on November 07, 2013, 02:36:12 AM
market is not as susceptible to manipulation throughmultiple repetaed MT Gox DDOS attacks. In my opinion, had those not happened
the market would not have crashed.

that said, 1000 within 90 days baring some other market manipulation is not out of the question, especially with the chinese on board now

1000$ in 90days? I don't think that is going to happen. When the price starts to rise many will stop trading since they will wait for a price to go up. No trade, price will drop.

Wait, what? Price would drop if there were no buyers in demand, not because people were holding. Less coin available to the frenzied masses would equal a massive price increase. Would it make it to $1000? Who knows, but we're at all time high once again...


Title: Re: All-time high price?
Post by: Karmicads on November 07, 2013, 09:13:05 AM
Gone over $300 now.  !! Woooot !!


Title: Re: All-time high price?
Post by: Johnny Bitcoinseed on November 07, 2013, 09:16:50 AM
Just remember that BTC is just a number and not worth much unless you actually purchase something with it.  But it is fun being in a cave counting all your gold in a big pile!


Title: Re: All-time high price?
Post by: chrisLG on November 07, 2013, 09:19:23 AM
1000$ in 90days? I don't think that is going to happen. When the price starts to rise many will stop trading since they will wait for a price to go up. No trade, price will drop.

That is actually just plain wrong. If almost nobody's willing to sell but a lot of people are wanting to buy the price will rise sharply (just as we see now).


Title: Re: All-time high price?
Post by: Atroxes on November 07, 2013, 10:16:44 AM
Looking at the current amount of Fiat invested into Bitcoin, we are nowhere near, at all, even remotely close to where the price of Bitcoin will stop rising. Looking at http://bitcoincharts.com/markets/ we are in the hundreds of millions invested into Bitcoin. Let's be nice and say that there's roughly 1 billion dollars invested into Bitcoin at this moment, on a global scale, that amount is a joke. The $/BTC will fluctuate heavily, given that the currency is in its infant stage, but over time, we've all seen the trend and that trend will continue.

The potential for criminal activity with Bitcoin is extreme and people are slowly catching on. Tax evasion, drug money, extortion payments, the list goes on. If you're a criminal and you're getting paid/paying in Bitcoin, financially, you're untraceable if you know what you are doing.

We have seen nothing yet.


Title: Re: All-time high price?
Post by: immortal4now on November 07, 2013, 10:20:36 AM
1000$ in 90days? I don't think that is going to happen. When the price starts to rise many will stop trading since they will wait for a price to go up. No trade, price will drop.

That is actually just plain wrong. If almost nobody's willing to sell but a lot of people are wanting to buy the price will rise sharply (just as we see now).


Its unrealistical as most want profit or at least break even, so selling coins at some point. This bubble wont last long


Title: Re: All-time high price?
Post by: Ibian on November 07, 2013, 11:32:55 AM
I don't understand why people keep talking about bubbles. The supply is fixed (or capped, to be precise). The demand keeps increasing and nothing indicates that the demand will stop increasing. That is really all anyone needs to know.

Even supposing we, somehow, were in a bubble, something would have to cause it to pop. I would like very much for the bubble proponents to explain what this something might be but it rarely happens.


Title: Re: All-time high price?
Post by: Liquid on November 07, 2013, 12:03:01 PM
https://i.imgur.com/O2XwG7Q.png


Title: Re: All-time high price?
Post by: Atroxes on November 07, 2013, 12:06:38 PM
I don't understand why people keep talking about bubbles. The supply is fixed (or capped, to be precise). The demand keeps increasing and nothing indicates that the demand will stop increasing. That is really all anyone needs to know.

Even supposing we, somehow, were in a bubble, something would have to cause it to pop. I would like very much for the bubble proponents to explain what this something might be but it rarely happens.
I wholeheartedly agree with your view of the situation. With a fixed supply and increasing demand, the only thing affecting the price will be "What can I use this currency for?". When the general public starts grasping the possibilities of Bitcoin "Shit will start gettin' crazy" in lack of a better way to put it.

Of course, demand could start going down and $/BTC along with it. However I have yet to have anyone make a convincing argument for there not being a demand for an untraceable, no fee, world wide, distributed currency. Most don't understand the enormous gravity of the situation of having a currency like that in the hands of the people, uncontrolled by governments and financial institutions.

I can see a future where Bitcoin has stabilized enough to be taken seriously. If Bitcoin becomes a real alternative to Gold or Silver... then prepare to be amazed.


Title: Re: All-time high price?
Post by: ekiro on November 07, 2013, 03:46:27 PM
Just keep an eye on the moving averages, and keep running your analysis.  People are excited about BTC. Lots of PR. Look at those long green deltas on that graph. Usually there is a opposite reaction to every action though, so know when to sell high buy low. ;)


Title: Re: All-time high price?
Post by: CAMTRONNNNN on November 07, 2013, 06:34:26 PM
Let's not forget too, gentleman, there is a certain second coming of a certain site that was released just yesterday.

That may be inflating prices currently to these new highs, coupled with out fundamentals such as spreading awareness globally and ATM BTC machines hitting Canada.  A host of others to be sure but the Above^^^ definitely has a lot to do with the present career high for bitcoin.

Thoughts?


Title: Re: All-time high price?
Post by: btcforall777 on November 07, 2013, 09:45:51 PM
with price increases/ranges of 65 points daily, might not take 90 days.... but expect some wild fluctuations along the way!

im trading MT4 at BTC-E

fasten your seat belts and check your nuts. not for the faint at heart.



Title: Re: All-time high price?
Post by: Carlton Banks on November 08, 2013, 02:08:13 AM
Renminbi ATH still not reached (it was close to 1920 CNY in April, still not quite reached 1900 this time around).


Title: Re: All-time high price?
Post by: Carlton Banks on November 08, 2013, 02:13:57 AM
Timely post from my good self, big 1900 ask wall on BtcChina just dropped like Miley Cyrus on a stripper pole. Say hello to the CNY ATH....


Title: Re: All-time high price?
Post by: lnternet on November 08, 2013, 02:56:34 AM
USD crashing helps reaching USD ATH


Title: Re: All-time high price?
Post by: BTC_GHD on November 08, 2013, 03:00:58 AM
We passed it now for sure! It's at like $320 or so :D


Title: Re: All-time high price?
Post by: andrewk529 on November 08, 2013, 05:13:01 AM
Hasn't the market cap grown by about a billion $ since last week? I am thinking 450-500 range by next Friday.The world is starting to take notice of BTC. The volume on BTCChina has been growing significantly.


Title: Re: All-time high price?
Post by: btcforall777 on November 08, 2013, 05:16:41 AM
Hasn't the market cap grown by about a billion $ since last week? I am thinking 450-500 range by next Friday.The world is starting to take notice of BTC. The volume on BTCChina has been growing significantly.

i agree!


Title: Re: All-time high price?
Post by: 600watt on November 08, 2013, 07:37:38 AM
market is not as susceptible to manipulation throughmultiple repetaed MT Gox DDOS attacks. In my opinion, had those not happened
the market would not have crashed.

that said, 1000 within 90 days baring some other market manipulation is not out of the question, especially with the chinese on board now

as long as you sign up here...

https://bitcointalk.org/index.php?topic=285771.0
 8)



Title: Re: All-time high price?
Post by: Mageant on November 08, 2013, 08:22:24 AM
Renminbi ATH still not reached (it was close to 1920 CNY in April, still not quite reached 1900 this time around).

Now reached.


Title: Re: All-time high price?
Post by: renaxi on November 08, 2013, 09:44:04 AM
Might be 400$ next friday, but 500$ is just crazy.


Title: Re: All-time high price?
Post by: 600watt on November 08, 2013, 10:20:49 AM
Might be 400$ next friday, but 500$ is just crazy.

please explain the difference in craziness between the figure "400" and "500" ?   :D


Title: Re: All-time high price?
Post by: zeroday on November 08, 2013, 12:55:38 PM
Might be 400$ next friday, but 500$ is just crazy.

please explain the difference in craziness between the figure "400" and "500" ?   :D

He is just getting ready for crazy btc1k party :)


Title: Re: All-time high price?
Post by: Jeffrey Boyd Garrison on November 15, 2013, 03:13:00 AM
Any day now... will pop... look for 190.