re: market depth | Bitcointalksearch.org

barbarousrelic

hero member

Activity: 675

Merit: 502

Quote from: weinerk on March 12, 2011, 04:04:56 PM

re: market depth
All of MtGox offer depth is less than 50K USD? http://www.taters.net/cgi-bin/btc/matrix.pl?axisinc=0.1
What if someone will want to buy 100K ?

Assuming that buying up all the dark pool asks doesn't get you to 100k, you would not be able to buy 100k bitcoins at once.

(Dark pools are bids or asks in excess of 1000 that don't show up on the market depth chart. It's a bonus you get just for being a big trader.)

Grinder

legendary

Activity: 1284

Merit: 1001

A lot of new sellers would appear if it looked like they actually could get for instance $1.50. It's just no point transferring funds to mtgox to add a sell order for a price they don't expect to get anyway.

weinerk

newbie

Activity: 22

Merit: 0

re: market depth
All of MtGox offer depth is less than 50K USD? http://www.taters.net/cgi-bin/btc/matrix.pl?axisinc=0.1
What if someone will want to buy 100K ?

Topic: re: market depth (Read 1314 times)