Serious question: why ratio is important?
If someone puts 10m into orderbook on bid side at 90usd what difference does it make? There are no money deposits coming into mtgox so it does not mean that there is money flowing into mtgox, so what is its significance?
I consider this and other trading concepts all the time.
Who cares what the orderbook has in terms of depth past the first XXX number of orders on each side?
I mean, if someone is selling at $250 right now...it's of no consequence to anyone, same as if someone is buying at $90...their orders will probably not be filled in a time frame that influences the current price. I agree that it can embolden the bidders/sellers to be ahead of the wall on either side though. (But take that price pressure with a grain of salt.)
Also, in my opinion the top orders on the bid side are worth far more than the lowest orders on the sell side, why?
We hear all the time that bitcoin "is only worth what someone will pay for it", yet we rarely hear that bitcoin is worth "the lowest someone will sell it for"...something to consider. Depending on the price/buying momentum it CAN be worth the "lowest someone is willing to sell for" but that is a far more rare scenario to see that then the reverse.
Just some thoughts on speculation...
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