...but in terms of order books you are not speaking truth at all. right now on Bittrex the amountof BIDS is 218071.703 XZC
And the ASKS are 38287.400 XZC
Thats seems pretty healthy to me for a rising price and demand for this coin by the market....
Are you serious And the ASKS are 38287.400 XZC
Thats seems pretty healthy to me for a rising price and demand for this coin by the market....
Take a real look at the order book : in the bids side, there are 150,250 bids at 1 satoshi, 24,937 at 2 satoshis, 20,000 at 3 satoshis... and so on : these are "fake" bids.
You can't compare these ridiculous more than 200,000 unreal bids (compared to the 218,416 total at this time) bids with those aroud the market price (600,000 sats) : be serious.
Between 4 satoshis and 600,000 satoshis, the reality is they are only 18,000 bids !!! How many bids beetween 600,000 and 500,000 satoshis (for example) ? Very few !
Look at the order book graph, for example with a 25% price range and you will see how the market is really imbalance and can collapse at any time.
For my part, my XZC are sold now.
Thanks to people like you I bought more ZCoin, I will laugh at you when price hits 50$. Bye bye