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June 17, 2011, 09:26:34 PM |
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I definitely agree. It's misleading in that, if you didn't know that the order book was cut off, you'd potentially assume that there's a lot less support than there is. In IRC, during the crash from 32, a lot of people thought that there were only $60k worth of bids that existed, when that's only what was being shown to us. This kind of thing probably contributed a lot to the lack of confidence, especially because the window seems to show more of the ask side of things than bids, making it seem like there's a lot more downward pressure.
Also, the movements of bids and asks far removed from the current price are very telling.
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