Topic: want 2 know (Read 957 times)
It's a mix between this and this:
https://www.youtube.com/watch?v=2jbFJ8U3HZU
Gist of it is: At the end everything dumps. Who gets to be the plumber?
Also there is a lot of pump and dump going on, since anybody with 50-100k$ can seriously impact prices.
For example the orderbook of Darkcoin on Cryptsy and Bitfinex at the moment is basically dominated by one guy. He takes his orders off and the whole market gets really fucking fair, really fucking quickly.
If he really wanted to buy such huge amounts of Darkcoin, he would have split his order up, buying small amounts here and there and not just put in one absurdly big order for everyone to see.
For example the orderbook of Darkcoin on Cryptsy and Bitfinex at the moment is basically dominated by one guy. He takes his orders off and the whole market gets really fucking fair, really fucking quickly.
If he really wanted to buy such huge amounts of Darkcoin, he would have split his order up, buying small amounts here and there and not just put in one absurdly big order for everyone to see.
How and why cryptocurrency price goes ups and downs ...
I want to know it in details ...
I want to know it in details ...
because of bullshit manipulation on 90% of the coins here.
Not much to say... Its depends ppl buying and sell.
Like stock markets.
Bids and Ask.
Like stock markets.
Bids and Ask.
Pretty much this. However as alts are pretty much unstable stuff on an often illiquid market, pump and dumps have some serious effects on prices.
How and why cryptocurrency price goes ups and downs ...
I want to know it in details ...
I want to know it in details ...
Not much to say... Its depends ppl buying and sell.
Like stock markets.
Bids and Ask.
How and why cryptocurrency price goes ups and downs ...
I want to know it in details ...
I want to know it in details ...
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