Quote from: marcovaldo on August 31, 2013, 10:59:22 AM

Quote from: McGyver on August 31, 2013, 09:17:54 AM

3. We just broke the 100 EUR barrier!

Many US-based traders tend to overlook Europe, a second major player in this game and how Bitcoin price tends to bounce off or stick to the round figures in EUR:

ATH being so close to 200 EUR
The biggest (so far) rally had a short-term correction around 100 EUR
May 2013 plateau around 100 EUR

It seems that the mythical "whale" is Euro-based!

Where?
The only EU exchange that I know is bitstamp. And current bitstamp price is 95,09 euros / btc.

I was referring to Mt.Gox price.

Yeah, I know, you're gonna tell me that Gox isn't relevant anymore, but the truth is that everyone is still watching Gox prices very closely as a kind of referrence, even if not actually making transactions there. Mt.Gox still has the highest liquidity and market depth.

Quote from: bcdev on August 31, 2013, 11:02:31 AM

bitcoin.de -> 99.79 EUR/BTC

Having different people consider different exchanges as their "true" price indicator has one very interesting side effect:

Any strong resistance level (either a previous high or any round figure in a major currency) gets split into more less strong: one on Mt.Gox and some other on other exchanges. This makes it easier to break any such barrier as less momentum is required.