Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 08/12/2015, 15:22:05 UTC
If we don't break 400 soon, we will see an epic dump.

Save my words


Aaaaaaaand it... broke $400


When referring to BTC price generically, we go by Bitstamp's price, here unless otherwise specified.


Accordingly, Bitstamp has not yet gone beyond $400 in the past week - I believe $399.91 is as close as it has been to $400.



"We" definitely do not go by Bitstamp's price here. For a short window between the time Gox collapsed and Stamps got hacked that may have been true but certainly not now.







I'm NOT saying that bitcoin's price is controlled by bitstamp but rather if you are generally referring to BTC's price, then you should get on the same page with everyone else with your price references...

Alternatively, you can specify the source of your price assertion every time that you make one for clarity sake regarding how you arrived at your price reference. 

Accordingly, what I said earlier stands, and it is not something that I made up because it is true in bitcoin discussion places other than this forum as well.