Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254375 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (68 posts by 16 users deleted.)
simmo77
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February 22, 2017, 02:45:49 PM

When was this broken?
The ATH was $1163 by many accounts back in the 2013. Most attribute this to the mt.gox going to the crapper so to them it does count.
Give exact dates and a source if possible so others can evaluate it for themselves.
Thanks.


Yep.. $1,163 remains the proper number when referring to previous ATH - using other nonsense exchange numbers such as GOX is just dealing with fantasy random numbers..   Sure, we can set various other targets, but when we are referring to or talking about going past previous ATH and discussing the extent of resistance at that price point and whether we have surpassed such previous ATH price point and by how much, we are still talking about $1,163 as our real world reference point.

On the other hand, if we are talking about other random target numbers, then that is another topic.

Whatever the reasons (i.e. MtGox fiasco), $1216.73 is the highest number of USD ever paid* for one bitcoin. Let's just break that during this bull run, and then we can establish a new undisputed ATH.

* [EDIT: on an exchange]

Strawbs summarised it nicely for me.

Even though it "doesn't count" "Gox blah blah", it's still a psychological barrier - we smash through that we are TRULY in new territory.