Topic: Big dumps and prices still high? (Read 969 times)
order depth on gox usd above 5 was the highest ever at 200000+ coins. And a huge amount of depth materialized during the event.
Market depth must've increased, because large orders aren't pushing things around like they used to. That is a good sign, resting buy and sell orders are accumulating and stabilizing overall volatility, which is key for the market to mature.
I'd like to see a decentralized exchange happen, but for what we have right now the volume trend isn't all that bad.
I'd like to see a decentralized exchange happen, but for what we have right now the volume trend isn't all that bad.
Maybe the people dumping were sellers and the people buying were their customers?
In that case it would keep the price stable, or going up a bit every day as volume increases.
In that case it would keep the price stable, or going up a bit every day as volume increases.
Many big dumps occuring and the buying pressure seems pretty good. Why?
The reasons I see is Wordpress announcment, bitcoin-central banking compliance, block halving... what else?
The reasons I see is Wordpress announcment, bitcoin-central banking compliance, block halving... what else?
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