another reason why ability to buy and sell is important for a cryptocoin is
'Liquidity'DEFINITION of 'Liquidity'
1. The degree to which an asset or security can be bought or sold in the market without affecting the asset's price. Liquidity is characterized by a high level of trading activity. Assets that can be easily bought or sold are known as liquid assets.
the nature of DMD as rare and shortened on market because most people have them in their wallets
we will always have only a small amount of DMD free aviable at market
like lot houses are build but only a few are avaiable for the market to be sold/bought
u cant instant easy sell a house or buy a house
at least not without earn a lot less / pay a lot more
actual the situation of DMD is similar (a other DMD foundation friend always talk about DMD as digital antiquities which fit into this as another example)
buy a lot is impossible without raise the price
sell a lot would be actual possible because high demand but still the buy/sell orderbook gap is pretty high with >5%
normaly u would say thats a paradise for traders a 5% gap
and even if most of us by mindset holder and not daytraider
i have to say a health population of traders is what increase liquidity a lot
and a high price
when the price is high enough even the small amounts of DMD people are willing to sell
are able cover a big $ investment
i think our
resilience is good in the past we did show that spikes up our down
we can revert back to the natural value gain level pretty fast
our
depth is to small which is because of to less orders in sell and buyorderbooks
immediacy deepends on what we consider a small size 10 DMD have no impact 100 DMD have
is 10 DMD small? people would say now yes because it less than 2$
is 100 DMD small? people would say now yes because its less than 20$
but u can buy 2 pizza with 100 DMD
is 10 BTC small?
is 100 BTC small?
there was a time u could only buy 1 pizza with 20000 BTC
as u can easy say small or not small deepends on the coin value and the time in its adoption phase
we will have a good
immediacy once our price come close to the real value of DMD