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June 21, 2011, 04:28:35 AM |
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$10. Its also about liquidity, or how much is available to be bought at a certain price. Say you wanted to sell 1000BTC at no lower than $9. On the exchange there are bids for $10 but only 500BTC worth. There is 200 BID at $9.5 and 1000 at $9. Your Sell of 1000BTC at $9 executes a sell at $9, $9.5 and $10.
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