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Title: [2014-09-01] What Makes Bitcoin Exchanges Tick? Post by: erono on September 01, 2014, 04:28:58 AM http://www.coindesk.com/makes-bitcoin-exchanges-tick/
The next trade in the example above will execute either at the bid of $96.281 in case of a seller stepping in, or at $98 if a buyer is willing to pay the ask; more on this later. It’s important to note that transactions between sellers and buyers only occur if there are open bid and ask orders at the same price level. |