Unballanced ratio in PTS

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Topic: Unballanced ratio in PTS (Read 344 times)

xiubaka (OP)

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Unballanced ratio in PTS

January 06, 2014, 10:48:17 PM

Could anyone clarify me a question, please?

When exists an unballanced ratio between bid volume and ask volume (bid volume >> ask volume ), could this bring about a prize rising?

http://www.cryptocoincharts.info/v2/pair/pts/btc/cryptsy/10-days

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1715614062

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.

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Gentlemaniac

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Re: Unballanced ratio in PTS

January 07, 2014, 12:08:15 AM

Just an unbalance in the order book doesn't say much.

Yes, it's easier in this case for the price to go up, but there might be more selling pressure than buying pressure.

To predict the price you need more factors, and combine them.

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