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Question: Will we se 17 within 6 hours of this thread being posted?  (Voting closed: January 22, 2013, 04:38:12 PM)
Sure as hell man! - 28 (37.8%)
Think so, but I wouldn't bet my wife on it! - 19 (25.7%)
Aah...aah.. ahh. not gonna leave mtgoxlive at all today! - 7 (9.5%)
You tard, we're soon seeing a selloff from THE SPECULATOR! - 9 (12.2%)
ah, no we'll all be goxed again! - 11 (14.9%)
Total Voters: 74

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Author Topic: Will we se 17 within 6 hours of this thread being posted?  (Read 1492 times)
Herodes (OP)
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January 21, 2013, 04:38:12 PM
 #1

So what do you think, are we due for 17 ?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Mushoz
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January 21, 2013, 04:55:34 PM
 #2

I don't think we will, but I will stay very very close to Mtgoxlive nevertheless Smiley

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January 21, 2013, 05:43:20 PM
 #3

I don't know... there's quite a resistance.
Third Way
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January 21, 2013, 08:12:37 PM
 #4

I saw on MtGox one sale for $17.12 a few seconds ago, and now it's back down to $16.70

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January 21, 2013, 08:30:51 PM
 #5

I saw on MtGox one sale for $17.12 a few seconds ago, and now it's back down to $16.70

their have been many people who claim to see the price spike for a second, during this rally
yet bitcoin charts doesn't show that.

what going on here...

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January 21, 2013, 08:40:59 PM
 #6

I saw on MtGox one sale for $17.12 a few seconds ago, and now it's back down to $16.70

their have been many people who claim to see the price spike for a second, during this rally
yet bitcoin charts doesn't show that.

what going on here...

collaborative illusion?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Beta-coiner1
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January 21, 2013, 08:49:44 PM
 #7

No,It is true the price does spike on the Gox via "Last price" to over 17.I have seen it myself a few seconds ago.

Herodes (OP)
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January 21, 2013, 08:53:14 PM
 #8

No,It is true the price does spike on the Gox via "Last price" to over 17.I have seen it myself a few seconds ago.

It's some coding error in the script that updates the prices in the browser. Gox has never fixed it, but they've been notified before about it.
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January 21, 2013, 08:55:13 PM
 #9

Doubt it, the depth chart shows some pretty heavy resistance approaching $17... but it wouldn't be the first time bitcoin has surprised me.
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January 21, 2013, 08:57:56 PM
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No,It is true the price does spike on the Gox via "Last price" to over 17.I have seen it myself a few seconds ago.

It's some coding error in the script that updates the prices in the browser. Gox has never fixed it, but they've been notified before about it.

I think the "last price" is also updated from the EUR and other markets on gox. EUR is currently pretty high (higher than USD).

EDIT: mtgoxEUR high is €12.73 ($16.95), so what I said doesn't make sense.

EDIT2: 10.85 BTC (mtgoxGBP high) = 17.17 USD

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Third Way
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January 21, 2013, 10:29:57 PM
 #11

Ah so the other fiats affect USD last price listings, I'll be more careful about that then when I see sudden spikes.

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January 21, 2013, 10:32:21 PM
 #12

no
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January 21, 2013, 11:15:26 PM
 #13

I saw on MtGox one sale for $17.12 a few seconds ago, and now it's back down to $16.70

their have been many people who claim to see the price spike for a second, during this rally
yet bitcoin charts doesn't show that.

what going on here...

collaborative illusion?

elusive collusion?
zoinky
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January 22, 2013, 12:59:46 AM
 #14

I believe they only show up when MtGox needs to move bitcoin from their USD listings in order to satisfy another currency's order.
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