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knoxy

Order books.

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5 minutes ago, Sarnos said:

those sell wals come faster back than u may think :P

Not always, that book shows very few sell orders which tells me the moneys on the amateur investor side there. But we will see I suppose :)

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I’m hoping we have reached sellers exhaustion and the market bottoms out soon. 

No one of course knows. 

My belief, once we do get a bull run, is it will go up pretty fast. 

Money has poured into this market before and I think it will again hopefully soon. 

Edited by Chewiecoin

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6 minutes ago, Chewiecoin said:

I’m hoping we have reached sellers exhaustion and the market bottoms out soon. 

No one of course knows. 

My belief once we do get a bull run it will go up pretty fast. 

Money has poured into this market before and I think it will again hopefully soon. 

You and me both Chewie! 

Although prices are down, it has been a good opportunity to increase bags for those that are game enough. how does that Warren Buffet saying go again? "Buy when there is blood in the street, even if it is yours"?

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Order Books represent Limit Orders (or better orders). 

The green side represents that at the moment there are more sellers than buyers, not the other way around. The graph represents that there are more limit orders on the buy side trying to absorb sellers.  What we want to see is the red side higher where they are more people trying to offer limit orders to buyers from sellers (those who wish to sell them the product). 

 

 

 

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4 hours ago, Chewiecoin said:

I’m hoping we have reached sellers exhaustion and the market bottoms out soon. 

No one of course knows. 

My belief once we do get a bull run it will go up pretty fast. 

Money has poured into this market before and I think it will again hopefully soon. 

After a steady fall, a sharp rise is a fake price.
It's a rigged market and we shouldn't jump into such a market. 

 

It's an act that helps someone cheat.

Ripple is a very good company, but their market isn't.

 

There is not enough money in the world to invest in healthy markets.

There is no need to put money into this rigged market.

Why should a market manipulator be made rich?

Edited by Zrp

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11 hours ago, Zrp said:

After a steady fall, a sharp rise is a fake price.
It's a rigged market and we shouldn't jump into such a market. 

 

It's an act that helps someone cheat.

Ripple is a very good company, but their market isn't.

 

There is not enough money in the world to invest in healthy markets.

There is no need to put money into this rigged market.

Why should a market manipulator be made rich?

Why are you even here?

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