3 ms·

It's more than doubled in the last two months. http://bitcoincharts.com/charts/mtgoxUSD#rg180ztgSzm1g10zm2g25zv http://bitcoincharts.com/charts/mtgoxUSD#rg180z

• baddox 14y ago
  That doesn't seem necessarily relevant.
  • sliverstorm 14y ago
    Wild runs are typically- not by requirement, but typically- indicative of a crash in the near future. This is because speculation is usually the main driving force behind very steep ramps.
    • icelancer 14y ago
      What determines a "wild run?" As has been shown time and time again in academic and corporate research, the single best predictor of an asset's value is the current market trading price for that asset.
      • sliverstorm 14y ago
        So you'd argue there is never a bad time to buy?
        • icelancer 14y ago
          No.
          • sliverstorm 14y ago
            It's great to have an actual conversation. You should try it some time.
            • icelancer 14y ago
              Well, you asked me a yes/no question that has little to do with what I said. So I figured I'd just answer it in the same manner.
              • sliverstorm 14y ago
                You are establishing a pattern of responding to comments with maximal brevity and offering zero constructive input. Ok, so you think RickHull was using "Exceedingly rudimentary technical analysis based on non-scientific trends"? What have you got for us that is so much better?
        • 1123581321 14y ago
          You have that backwards. It would always be a bad time to buy because of trading costs.
      • RickHull 14y ago
        > What determines a "wild run?" Parabolic trajectory is a common indicator for a very sharp top and major correction.
        • icelancer 14y ago
          Exceedingly rudimentary technical analysis based on non-scientific trends is your basis for valuation?