Oh, so saying "I'm rich" makes you rich, eh? LOL
BTW, you're too dull to notice, but this is the same line of reasoning you used to attack Quanto: Why aren't you listening to MY SAGE ADVICE??!!! (Yeah, like who the fuck are you, anyway?? :rolleyes:)
Dude, you and your cohorts pretty much "cancelled" Quanto out of existence. If that's not Woke-fascism, I dunno what it is.
As for my trash-talking, don't be so obtuse. It was meant as a sarcasm. :rolleyes:
Anyway, I'm cancelling myself outta here. Ciao!
But that's exactly the problem. Nobody can find what they really want among all the debris of rubbish posts. :D
But one thing I really wanna thank you for is keeping this place free from all those WOKE rhetoric and allowing us to freely post what we want. :thumbsup: That really makes this...
People keep bringing up that Quanto is EarthImperator but there's one important difference between the two. EarthImperator was a pro-Chinese troll, who zealously defended that red commie regime. So far, I haven't seen that from Q.
Anyway, if you can't stand someone, use the IGNORE function...
No offense, but why do you think I posted the following chart (which you clearly "liked")? I suggest you compare the time that I posted the chart (in Pacific Standard time) and when BTC reversed.
I think your talking point is more aligned with spoofing than crossed market. If you wanna bring the price down, you put in bunch of fake orders that you have no intention of executing. Well, just don't get caught because spoofing is illegal. :)
But then again, as I've already stated in the past, you have arbs working on all these different markets to exploit any possible price disparities. Even if BitMex is thinly traded, it shouldn't have fallen as much as it did. Otherwise, it would have gotten scooped up by these arbs. If I had to...
Well, obviously it depends on the spread, right? The wider the spread between the bid and ask, the bigger the slippage will be. In those instances, you'd be doing a favor to both buyers and sellers if you constantly use market orders.
Have you ever heard of "crossed market"? A crossed market...
Only if my offer is above the best bid. But since my offer ($8) is already below the best bid ($10), it will get executed immediately, hitting all the bids until it's filled, and you won't be able to see it. Maybe the HFTs can react to it if it's quick enough, who knows.
I don't think that's even possible even if you wanted to intentionally sell at a steep loss. For instance, suppose the best bid/offer is 10.00 x 10.05 and let's say I'm crazy enough to send a sell order at $8. As soon as that order is sent, it will very likely get executed at $10 because...