All Time High Watch Version 3.0

[theonewhowaskazu]

MTGOX All-Time High
$266
Current Price: -24%.

MTGOX Closing High
$228
Current Price: -11%

BITSTAMP All-Time High
$260
Current Price: -27%

BITSTAMP Closing High
$229
Current Price: -17%

BTCChina All-Time High
1944
Current Price: -36%

Anybody who could contribute China data would be appreciated.

[dree12]

China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.

[windjc]

China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.

I disagree. I think technically, closing highs are more important than all-time high.

[theonewhowaskazu]

Wow, so we're still over 1/3rd lower than the China ATH? Sorta weird, considering most people here ignored china last time around, but this time are calling it the market mover.

[smoothie]

China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.

I disagree. I think technically, closing highs are more important than all-time high.

This ^.

Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high.

[theonewhowaskazu]

China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.

I disagree. I think technically, closing highs are more important than all-time high.

This ^.

Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high.

You could argue that a daily weighted average, would, then, be the most valuable.

[dree12]

China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.

I disagree. I think technically, closing highs are more important than all-time high.

This ^.

Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high.

You are contradicting yourself. The closing price is just one point, which fails to measure sustained price. If you wish to measure sustained price, the Weighted Average would best suit you (as theonewhowaskazu had already pointed out).

[windjc]

Wow, so we're still over 1/3rd lower than the China ATH? Sorta weird, considering most people here ignored china last time around, but this time are calling it the market mover.

Correct. The charts show China had a bigger high, bigger bubble last time. However, it was on relatively lower volume I believe.

[FNG]

Bitcoin doesn't close

[nobbynobbynoob]

Based on weekly weighted averages we must be at or close to ATH already. IMO period-weighted averages are better yardsticks than the occasional brief bubbletop spew.

[dree12]

Based on weekly weighted averages we must be at or close to ATH already. IMO period-weighted averages are better yardsticks than the occasional brief bubbletop spew.

Not yet.

1. 2013-04-05 through 2013-04-11 W. Avg: 175.81
2. 2013-04-04 through 2013-04-10 W. Avg: 172.88
3. 2013-10-16 through 2013-10-22 W. Avg: 164.67
4. 2013-04-03 through 2013-04-09 W. Avg: 157.91
5. 2013-10-15 through 2013-10-21 W. Avg: 154.99

[theonewhowaskazu]

A daily volume-weighted average would have an all-time-high I would think of slightly lower than the closing high, considering it crashed later that very same day on high volume, probably lowering the next day's average.

[derpinheimer]

China all-time high is 1944 CNY/BTC. I dislike the concept of "closing high" so I intentionally omit that from this post.

I disagree. I think technically, closing highs are more important than all-time high.

This ^.

Price sustaining over time (until the end of the day) is important just like closing the weekly price is more important than the weekly high.

Closing is completely arbitrary, therefore.. no.

[theonewhowaskazu]

UPDATE:

MTGOX All-Time High
$266
Current Price: -20%.

MTGOX Closing High
$228
Current Price: -07%

BITSTAMP All-Time High
$260
Current Price: -25%

BITSTAMP Closing High
$229
Current Price: -15%

BTCChina All-Time High
1944
Current Price: -35%

Pretty close to the Goxxian closing high.

[theonewhowaskazu]

Time for yet another fun update

MTGOX All-Time High
$266
Current Price: -14%

MTGOX Closing High
$228
Current Price: +0.4%

BITSTAMP All-Time High
$260
Current Price: -22%

BITSTAMP Closing High
$229
Current Price: -10%

BTCChina All-Time High
1944
Current Price: -32%