Bitcoin Forum

Economy => Speculation => Topic started by: vssa on July 10, 2012, 08:05:46 PM



Title: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: vssa on July 10, 2012, 08:05:46 PM
https://vimeo.com/45530225 (https://vimeo.com/45530225)
The technical traders are in total control if they want ...


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: evoorhees on July 10, 2012, 08:09:47 PM
Who wouldn't want to be in total control, if they were able? The technical traders have no special privilege - they may suffer or benefit from volatility like anyone else. 


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: cypherdoc on July 10, 2012, 08:12:14 PM
we have made the first crack in the dam with $7.25, just over $7.22.  its going to split wide open with time.


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: vssa on July 10, 2012, 08:13:15 PM
Anyone else that have 40000 BTC to make a hit.


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: opticbit on July 10, 2012, 08:34:18 PM
I'm just in for the ride.


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: mccorvic on July 10, 2012, 08:51:19 PM
Don't worry, the price of USD will crash to less than 0.13BTC soon enough.


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: minimalB on July 10, 2012, 09:06:27 PM
Please, someone tell me what is the name of the software that is used in the video? Thanks.


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: adamstgBit on July 10, 2012, 09:07:57 PM
Please, someone tell me what is the name of the software that is used in the video? Thanks.


what video?


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: Raoul Duke on July 10, 2012, 09:10:57 PM
Please, someone tell me what is the name of the software that is used in the video? Thanks.


http://bitcoin.clarkmoody.com/


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: vssa on July 10, 2012, 09:18:56 PM
Please, someone tell me what is the name of the software that is used in the video? Thanks.

Camtasia Studio


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: smoothie on May 22, 2013, 05:31:16 AM
25 cent move 10 months ago was huge. Today it would be the equivalent of moving about $4.20.

Price swings are getting bigger. Next move up will have the spread be $2 to $4 at a minimum.



Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: smoothie on May 22, 2013, 08:23:18 AM
25 cent move 10 months ago was huge. Today it would be the equivalent of moving about $4.20.

Price swings are getting bigger. Next move up will have the spread be $2 to $4 at a minimum.



meh. it was only 3.5%, doesn't sound "huge" to me (definitely not for bitcoin at least)

the point was that the % scales with the increase in price.


Title: Re: Bitcoin hitting 7.25 price and crushing to 7.00 in 1 min
Post by: Pruden on May 22, 2013, 09:30:51 AM
the point was that the % scales with the increase in price.
A friend of mine ran through the numbers and reached the same conclusion. He explained it as the typical instability of systems as they become more complex.