Bitcoin Forum
December 10, 2016, 11:09:06 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: The largest GBP/BTC exchange Intersango at highest price ever  (Read 1517 times)
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
July 10, 2012, 08:53:56 AM
 #1

Over 90,000BTC traded in the last thirty days.



The growth to this spike is a lot more gradual than the January spike so maybe the bubble won't burst.  Where will it be in thirty days >£5 it's looking.  People reckon the block reward drop will send the price skywards and it's getting nearer and nearer.  Looks like it could easily be ~£7 by the new year.

1481368146
Hero Member
*
Offline Offline

Posts: 1481368146

View Profile Personal Message (Offline)

Ignore
1481368146
Reply with quote  #2

1481368146
Report to moderator
1481368146
Hero Member
*
Offline Offline

Posts: 1481368146

View Profile Personal Message (Offline)

Ignore
1481368146
Reply with quote  #2

1481368146
Report to moderator
1481368146
Hero Member
*
Offline Offline

Posts: 1481368146

View Profile Personal Message (Offline)

Ignore
1481368146
Reply with quote  #2

1481368146
Report to moderator
There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
lenny_
Legendary
*
Offline Offline

Activity: 953



View Profile
July 10, 2012, 08:56:37 AM
 #2

Intersango GBP price always follows MtGox USD, as every other currency. In case of any difference, users will buy/sell to make it back to normal.
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
July 10, 2012, 09:40:22 AM
 #3

Intersango GBP price always follows MtGox USD, as every other currency. In case of any difference, users will buy/sell to make it back to normal.

No I don't think every other exchange follows MtGox USD any more.  I think MtGox USD is now following trends and not just setting them.  MtGox market share is down.  GBP market share of currency's is down even tho it's volume is up.

pintycar
Jr. Member
*
Offline Offline

Activity: 50


View Profile
July 10, 2012, 10:11:40 AM
 #4

It's not even true this is the highest price ever. I bought 196 coins in January at an average of 5.0 GBP/BTC. And yes, I do think everyone keeps an eye on the "official price" and then buys or sells accordingly if there is any arbitrage opportunities.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!