I was buying a coin on bittrex, looking at the order book
ASK: PRICE 0.00158400
BID : PRICE 0.00157780
I wanted to buy it so I put an order at current market price (last offer) but it has not been fullfilled yet , does this mean that people don't want to sell (now), so there is more buying pressure?
must the ask price reach 0.00157780 to get my order fullfilled ?
Sorry noob....
Yes, what it basically means is that nobody at bitrrex is buying at your price. If you need them exchanged quicker, you need to take them at other peoples prices. Otherwise, be patient, and depending on the going market rate, someone will take you on.