[LINK] Liquid-cooled ASIC bitcoin mining in China; bitcoin rambling . . .

Robin Whittle rw at firstpr.com.au
Thu Nov 28 01:19:08 AEDT 2013


Hi Marty,

Thanks for the explanation and this link:

> A better implementation of this more traditional graph is at
> http://bitcoinwisdom.com/markets/mtgox/btcusd

I am watching it now, the price just got to USD$990.  The lower bar
graph showed a USD$500k purchase which pushed the price to its current
mini-peak.

  http://mtgoxlive.com/orders?

A mouseover on the blue line at USD$1000 shows that if 1460 BTC were
purchased this would use up the offers of various sizes at various
prices and bring the price to USD$1000.

For a market with a notional value of 11 billion USD or so which has
grown in value a factor of 8 in a month or so, it wouldn't be surprising
to see it go higher still.

The help text for the above page mentions finding $40 the horizontal
axis, but now this axis is from $780 to $1180.

  - Robin




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