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Author Topic: bitcoin all time high  (Read 1577 times)
camem
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February 26, 2013, 02:44:22 PM
Last edit: February 26, 2013, 03:09:19 PM by camem
 #1

slightly preemptive thread, but first can we confirm that the view of the forum is that the previous high was recorded on June 8 2011 at mtgox as 31.9099 USD ? anyone want to admit to buying at the top ?

edited to the prevailing view
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gimme_bottles
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February 26, 2013, 02:48:52 PM
 #2

bitcoincharts.com says high was 31.9099   on june 8 2011.
NamelessOne
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February 26, 2013, 02:50:03 PM
 #3

I didn't, but I have three friends that did. Two of them bizarrely held for months before selling and then eventually lost a lot of money. Then when they had the opportunity to buy in at $2 both of them were too scared and didn't listen to my advice that they could make all the lost money back. The other held all this time and has made it clear to me he has no plans on selling until it gets well past the old high.
bam91
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February 26, 2013, 02:51:22 PM
 #4

Maybe even a $40 break this year.
Photon939
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February 26, 2013, 02:52:12 PM
 #5

The spike was so sudden and short that I already consider the 2011 high to be broken. Most charting websites didn't even update fast enough to catch the peak which is why I think there is some confusion as to the exact number. But to be 100% sure I'll say definitely when we reach $32.00
Odalv
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February 26, 2013, 02:53:52 PM
 #6

https://bitcointalk.org/index.php?topic=85687.msg1561140#msg1561140
$31.9099 was the high on mtGox on 2011-06-08 17:10:38 according to bitcoincharts api.
(1.627 BTC have been traded at that exact price back then (3 trades))
Gatekeeper
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February 26, 2013, 02:59:17 PM
 #7

Looks like the US is waking up and people are starting to put those walls up, it's going to be a repeat of last week at $30.    13.5k wall up to 32 now, very similar in size to $30 walls

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roos
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February 26, 2013, 03:24:25 PM
 #8

In my opinion, saying its gonna be a bitcoin all time high based upon the value compared to USD only, is pretty narrow minded. We should compare it to a bag of currency.

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February 26, 2013, 03:43:11 PM
 #9

Calling the top at 50.7409. Muscle to break the $50 mark then people bail.

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notme
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February 26, 2013, 06:09:13 PM
 #10

In my opinion, saying its gonna be a bitcoin all time high based upon the value compared to USD only, is pretty narrow minded. We should compare it to a bag of currency.

That might be true for other commodities, where there are physical barriers to distribution.  With bitcoin it doesn't make much difference since it is so easily transferred worldwide.  Sometimes other markets do get out of sync with USD price, but it isn't long before someone makes some arbitrage money and gets everything lined up again.

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February 26, 2013, 06:11:48 PM
 #11

In my opinion, saying its gonna be a bitcoin all time high based upon the value compared to USD only, is pretty narrow minded. We should compare it to a bag of currency.

Maybe we could check the all-time high with a couple other currencies and see if there is any difference?

If you measure in silver, the all-time high has already been surpassed.

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February 26, 2013, 08:59:01 PM
 #12

If you convert the Mt.Gox GBP high to USD then the ATH has been passed Smiley
Odalv
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February 26, 2013, 09:50:16 PM
 #13

If you convert the Mt.Gox GBP high to USD then the ATH has been passed Smiley
We are in ATH :-) (daily,weekly,monthly volume in USD/BTC) but there were 3 transacions (1,5+ BTC in total) at 31.90+ :-) traded on MtGox. (this is last ATH)
Peter Lambert
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February 26, 2013, 09:55:14 PM
 #14

If you convert the Mt.Gox GBP high to USD then the ATH has been passed Smiley
We are in ATH :-) (daily,weekly,monthly volume in USD/BTC) but there were 3 transacions (1,5+ BTC in total) at 31.90+ :-) traded on MtGox. (this is last ATH)

What was the daily average high in June 2011? I am pretty sure we passed that already, that peak was not very deep.

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Odalv
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February 26, 2013, 09:57:57 PM
 #15

If you convert the Mt.Gox GBP high to USD then the ATH has been passed Smiley
We are in ATH :-) (daily,weekly,monthly volume in USD/BTC) but there were 3 transacions (1,5+ BTC in total) at 31.90+ :-) traded on MtGox. (this is last ATH)

What was the daily average high in June 2011? I am pretty sure we passed that already, that peak was not very deep.
under $30
http://bitcoincharts.com/charts/mtgoxUSD#rg60zigDailyzczsg2011-06-5zeg2011-06-17ztgSzm1g10zm2g25zv
Odalv
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February 26, 2013, 10:08:46 PM
 #16

ATH = waveing red flag in front of bulls eyes :-)
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