Author

Topic: lol 15k ask @ 13.6 GG (Read 2156 times)

420
hero member
Activity: 756
Merit: 500
December 26, 2012, 11:18:00 PM
#9
no more walls
hero member
Activity: 518
Merit: 500
December 24, 2012, 11:43:48 AM
#8
Because that's not how it works. I'm talking about walls near the current rate.

Consider this:

You want to purchase some coin. Will you buy when the market is shallow and your purchase eats up small asks along the way, increasing the amount you pay for each additional coin? Or will you buy when there is an ask wall and you get each coin for the same price?

The same holds true for selling, in the opposite direction.

I know which option I would choose in both cases.

Even then it's really not that simple.  If you are only buying 10 coins or so the walls really won't impact your decision making to much (or really, shouldn't). 
legendary
Activity: 3038
Merit: 1032
RIP Mommy
December 24, 2012, 01:50:49 AM
#7
Walls are like magnets.

True

I don't see price being attracted to the huge $0.01 wall....

Exactly. LOL
full member
Activity: 150
Merit: 100
December 24, 2012, 01:20:10 AM
#6
Walls are like magnets.

True

I don't see price being attracted to the huge $0.01 wall....
sr. member
Activity: 445
Merit: 251
December 21, 2012, 05:32:17 AM
#5
Walls are like magnets.

True
member
Activity: 60
Merit: 10
December 21, 2012, 04:53:58 AM
#4
15k is peanuts, i would need a 150k dump before it comes anywhere near to my buy order

even a 150k dump is peanuts, unless u ate a big steak last night for diner, in which case its steak.
full member
Activity: 150
Merit: 100
December 20, 2012, 10:05:42 PM
#3
15k is peanuts, i would need a 150k dump before it comes anywhere near to my buy order
legendary
Activity: 1025
Merit: 1000
December 20, 2012, 01:37:32 AM
#2
These walls aren't staying for long
hero member
Activity: 1652
Merit: 569
Catalog Websites
December 20, 2012, 01:29:51 AM
#1
the most enjoyable part of every rollercoaster. THE DIVE~
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