Bitcoin Forum
August 21, 2018, 10:22:53 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: long term high sell order prices may affect cost of BTC  (Read 806 times)
Kaiji
Full Member
***
Offline Offline

Activity: 140
Merit: 100


Hoist the Colours


View Profile
May 14, 2013, 07:19:14 AM
 #1


If a large number of people put out sell orders much higher than current market prices in the hope of not missing a spike in the price; will that indirectly force prices to rise? Hope that makes sense.
1534846973
Hero Member
*
Offline Offline

Posts: 1534846973

View Profile Personal Message (Offline)

Ignore
1534846973
Reply with quote  #2

1534846973
Report to moderator
BOUNTY PORTALS
BLOG
WHERE BOUNTY MANAGEMENT
MEETS AUTOMATION
SIGNATURE CAMPAIGNS
TWITTER
FACEBOOK
MEDIA CAMPAIGNS
AND MORE!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
May 14, 2013, 07:58:11 AM
 #2


If a large number of people put out sell orders much higher than current market prices in the hope of not missing a spike in the price; will that indirectly force prices to rise? Hope that makes sense.

If liquidity were an issue for a large buyer, they might take the opportunity to make a large investment.  Other than that, no, and there seems to be plenty of liquidity anyway arm, just no market orders.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
naphto
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
May 14, 2013, 09:05:22 AM
 #3

How could increasing the number of sells orders make the price to increase?Huh
Supply and demand, it should indirectly force prices to decrease...
BitcoinAshley
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
May 14, 2013, 12:21:55 PM
 #4

Not unless there is limited liquidity.

I.E. HUGE buyer places HUGE buy order at market price. All the market price sell orders get filled, all the market price sell orders at price  + 5, 10, 15, 20, etc. get filled. However this spike would probably be momentary and there would be a significant correction.

All the sell orders spaced from 250, 500, etc. on will simply slow down any rise that happens. A lot of people learned their lesson from the sharp rise to $260. Same thing with buy orders. As we saw in April, there are enough buy orders at and below 50 to catch a pretty sharp falling knife.
Piper67
Legendary
*
Offline Offline

Activity: 1106
Merit: 1001



View Profile
May 14, 2013, 12:38:28 PM
 #5

Not unless there is limited liquidity.

I.E. HUGE buyer places HUGE buy order at market price. All the market price sell orders get filled, all the market price sell orders at price  + 5, 10, 15, 20, etc. get filled. However this spike would probably be momentary and there would be a significant correction.

All the sell orders spaced from 250, 500, etc. on will simply slow down any rise that happens. A lot of people learned their lesson from the sharp rise to $260. Same thing with buy orders. As we saw in April, there are enough buy orders at and below 50 to catch a pretty sharp falling knife.

Some walls push, some walls pull, some walls do both, depending on what the rest of the market is doing.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!