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Mikcik (OP)
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May 26, 2014, 11:01:21 AM |
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Did you see it at Huobi :-)? Bitcoin at 10 000 Yuan (apx. 1600 USD) it was just a spike, nevethless it is interesting... i wouldnt like to be the one who bought it at such high price... :-) https://bitcoinwisdom.com/markets/huobi/btccny |
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haploid23
Legendary
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Activity: 812
Merit: 1002
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May 26, 2014, 11:08:45 AM |
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Record high? You been sleeping under a rock? Or just never looked at a 1-year graph?
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blatchcorn
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May 26, 2014, 11:13:28 AM |
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They will still make a profit on that this year probably
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dserrano5
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Activity: 1974
Merit: 1029
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May 26, 2014, 11:16:08 AM |
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Record high? You been sleeping under a rock? Or just never looked at a 1-year graph?
What's the maximum according to you? |
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BittBurger
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May 26, 2014, 01:45:36 PM |
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Record high? You been sleeping under a rock? Or just never looked at a 1-year graph?
What's the maximum according to you? Maybe he means on the chinese exchange. I think it got much higher than that at one point when it was 1100 on US exchanges? -B- |
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Mikcik (OP)
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May 26, 2014, 04:15:28 PM |
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No it did not... 1600 USD was the max and it was on huobi, but what the f... i dont see it there anymore... why?? In the middle of the day in the huobi on https://bitcoinwisdom.com there was a huge price spike to 10 000 yuan, but i dont see it there anymore wtf!? I should have taken a picture... how is this possible? why it doesnt show the spike anymore?? |
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Mikcik (OP)
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May 26, 2014, 04:19:45 PM |
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Wow... thats weird... is this some kind of manipulation? There was for sure a price spike (up) to 10 000 Yuan (around 1600 usd) on 26 th of may 2014 around i dont know, around 11:00 UTC...
Why i dont see it there anymore, did anybody else noticed it (on Huobi exchange, im not sure about the time frame period, but i was visible on several time frame periods i switched (1dm 15m etc. )
wtf is that? why it isnt recorded?
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BitCoinDream
Legendary
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Activity: 2338
Merit: 1204
The revolution will be digital
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May 26, 2014, 04:21:31 PM |
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Did you see it at Huobi :-)? Bitcoin at 10 000 Yuan (apx. 1600 USD) it was just a spike, nevethless it is interesting... i wouldnt like to be the one who bought it at such high price... :-) https://bitcoinwisdom.com/markets/huobi/btccny I wonder if Huobi & BTC China also used or still using some kind of a Willy bot (ref: http://willyreport.wordpress.com) for price manipulation. Speculative Thought: That BOT may be under the control of Chinese Govt rather than Huobi & BTC China !!! Because I heard they controlled the Google data servers inside the geographical territory of China and thereby made Baidu.com the no. 1 Chinese search engine. |
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solex
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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May 26, 2014, 10:25:35 PM |
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Last year someone did pay $3600 per bitcoin (however GoXBTC is dead now). Every single chinese speculator who bought bitcoins at any price is sitting on profits, some of them massive profits.
100% of them!!!
Except the trading noooooooob on GoXBTC who paid 22,213 yuan per BTC or $3,600! https://www.goxbtc.com/What the actual fuck.  |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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May 26, 2014, 10:46:22 PM |
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adaseb
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Activity: 3780
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CoinPoker.com
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May 27, 2014, 07:59:49 AM |
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Look its obviously a quote error. It happens all the time on the exchanges. Usually after a few hours it will get fixed because it messed up the charts.
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LiteCoinGuy
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In Satoshi I Trust
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May 27, 2014, 08:42:23 AM |
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ah thanks, missed that Litecoin article  |
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DolanDuck
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May 27, 2014, 05:09:45 PM |
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A spike of 1600 USD is for sure a glitch, how can be eaten all the sell wall in that price range?
It's impossible in my opinion.
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jamesc760
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May 27, 2014, 05:34:29 PM |
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Much glitch
Very Huobi
Rich Chinese
Wow
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Torque
Legendary
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Activity: 3584
Merit: 5047
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May 27, 2014, 05:52:27 PM |
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Much glitch
Very Huobi
Rich Chinese
Fake Volume
Crap trading engine
Insider trading
Stupid Government
Soon to be shut down
Wow
Added a few things to your list.  |
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STT
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Merit: 1416
Leading Crypto Sports Betting & Casino Platform
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May 28, 2014, 02:35:31 AM |
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It doesnt have to be a glitch but I think he'd have to buy up the whole sell order book, how much is that? Must be 1000 btc on there to sell, so its extremely unlikely outside of millionaires fleeing a country or the Fed going broke, some major world event, etc.
Ive traded on exchanges that had no matching so you could make the price appear higher just by forcing a sale at a certain price. Most of them dont allow that though
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