This is why I can't take Bitcoin seriously. It's a liquidity depth issue. Much like HFT, there is a _perception_ that the order book has depth. But there's no g

This is why I can't take Bitcoin seriously. It's a liquidity depth issue. Much like HFT, there is a _perception_ that the order book has depth. But there's no guarantee that you'll get execution at the price displayed. At least market makers in the past were forced to execute up to a certain amount by regulation. No such regulation exists here.