Bitcoin Forum

Economy => Trading Discussion => Topic started by: tvbcof on July 29, 2011, 03:27:42 AM



Title: Market depth imbalance + exch mis-match. Theories?
Post by: tvbcof on July 29, 2011, 03:27:42 AM
I've never taken an interest in trading before and am new at this.  Sort of learning by doing in some ways.  Probably I should dig up some non-bitcoin trading primers which I will do in a while, but...

I notice an increasing imbalance in the trading depth over the last several days looking at the bitcoinity charts.  It seems that there are almost twice as many total asks painted as I write this as there are bids.

I also notice when I look at just Tradehill that there is a similar, but less pronounced imbalance in the opposite sense (more bids than asks.)

I've seen this before in the last month or so that I have been paying attention, but not to this degree.  I just wondered if anyone had any theories about why this is (and what might come next :)

Also, as I understand it, dark pool liquidity is not painted.  Does anyone have rough numbers (or guestimates) about the percentage of dark pool liquidity vs. ah...clear pool liquidity on the various major exchanges?  Unless my math is way off, it is hard for me to see how anyone could be making a dime unless the ratio is pretty high.