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large buys and sells will cause huge movements in thinly traded markets in which people "buy some and sit on it" (ie don't engage in transactions). I don't unde
by dkural 12y ago
large buys and sells will cause huge movements in thinly traded markets in which people "buy some and sit on it" (ie don't engage in transactions). I don't understand what you're getting at?
- pmorici 12y agoThe larger the total BTC market cap the larger a large buy will have to be before it looks large.
- dkural 12y agoFalse. A large buy order in a market without many trades will look large, no matter how large the bank accounts are. If you have a market with each participant holding onto $10M, but doing only a few $1 trades per day, a $10,000 trade will be large.