Explain something to me biz

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Explain something to me biz Anonymous Fri Jun 28 08:39:49 2019 No.14421919 [Reply] [Original]

Why is the price moving up and down so rapidly on coinbase with so little volume? From $11840 to $11740 took only 0.40 btc. That's peanuts!

>>	Anonymous Fri Jun 28 08:42:23 2019 No.14421953 what are buy and sell orders retard

>>	Anonymous Fri Jun 28 08:42:42 2019 No.14421959 >>14421919 ponzi tulip

>>	Anonymous Fri Jun 28 08:43:23 2019 No.14421968 >>14421919 To egg the weak willed to FOMO/Sell

>>	Anonymous Fri Jun 28 08:47:27 2019 No.14422026 >>14421953 I mean, just a day ago it took 1-5 btc to move the price $50, but orders are now so thin that the price just fluctuates violently. Shouldn't there be MORE orders with this level of price action? Or am I a brainlet and missing something.

>>	Anonymous Fri Jun 28 09:25:13 2019 No.14422577 >>14422026 I'm don't want to get chopped to death I'll buy if BTC falls to a more attractive price, or short if BTC makes a new high on lower volume

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/biz/ - Business & Finance