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Author Topic: re: market depth  (Read 1045 times)
weinerk
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March 12, 2011, 09:04:56 PM
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re: market depth
All of MtGox offer depth is less than 50K USD?  http://www.taters.net/cgi-bin/btc/matrix.pl?axisinc=0.1
What if someone will want to buy 100K ?

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March 12, 2011, 09:34:37 PM
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A lot of new sellers would appear if it looked like they actually could get for instance $1.50. It's just no point transferring funds to mtgox to add a sell order for a price they don't expect to get anyway.
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March 12, 2011, 09:53:02 PM
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re: market depth
All of MtGox offer depth is less than 50K USD?  http://www.taters.net/cgi-bin/btc/matrix.pl?axisinc=0.1
What if someone will want to buy 100K ?



Assuming that buying up all the dark pool asks doesn't get you to 100k, you would not be able to buy 100k bitcoins at once.

(Dark pools are bids or asks in excess of 1000 that don't show up on the market depth chart. It's a bonus you get just for being a big trader.)

Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
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