For example, right now XMR is $215 USD/XMR, but there's an offer listed at $210/XMR and another one at $213/XMR. This seems to happen relatively frequently. Anyone know why this is?

you are viewing a single comment's thread
view the rest of the comments

[–] mister_monster@monero.town 6 points 2 months ago (6 children)

Letely, the price is going up but many of those offers may have been made a day ago or something.

Also, some people may be willing to take a little haircut to get the trade done fast. This is how price discovery works on an order book, spreads should get smaller as liquidity goes up

[–] ksilverstein@monero.town 1 points 2 months ago* (last edited 2 months ago) (5 children)

Letely, the price is going up but many of those offers may have been made a day ago or something.

This is the whole thrust of my question. Are these "old" offers from "a day ago" that will suddenly increase when I respond to the "old" offer or are the sellers committed to the advertised price, even if it's below market value?

Also, some people may be willing to take a little haircut to get the trade done fast.

Really? Sellers do that?

[–] xmr_unlimited@monero.town 1 points 2 months ago (3 children)

If they put fixed offers at the time higher the market price would you take it? You fucking wouldnt is my guess. Fuck this thread.

[–] ksilverstein@monero.town 2 points 2 months ago

Fuck this thread.

If you don't have anything useful to contribute here (which you never do), then get the fuck off my thread.

load more comments (2 replies)

load more comments (3 replies)