Price of bitcoin U$S 103.8 What are you doing?

[samson]

What's not right is the fact that there's not many sellers.

Look at the depth on the asks side.


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If someone purchases 7200 BTC in the above scenario the price will rise to $109.

If someone then purchases another 5000 BTC they will pay nearly $120 for some of their Bitcoins even though the starting price was only $109.

This is what's not right and it will lead to nobody purchasing any more until the asks are filled.

If the asks remain unfilled then it's not valued correctly and I would expect some kind of correction to happen.

When the asks are like this I don't buy.

[dacoinminster]

I'd like to go on the record again saying that Bitcoin price increases are just getting started.

[deathcode]

I'd like to go on the record again saying that Bitcoin price increases are just getting started.

noted!

[zedicus]

god damit !! i went to sleep just about to buy at 105 and wake to this ****!! Son of a ....

[zedicus]

Reluctantly i must use that option so as to remind my self the costs of sleeping!

[freedomno1]

Continuous Nut Kicking for a while