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That's a good point, do you think his 0.5 sats/CC rate is just for simplicity? I thought the best offer was the one from @Darthcoin, 1sat per CC. is selling at loss.
Your calc says (ask side):
Trading 1,000 CC: you pay 1000 sats and receive 700 CC (300 CC lost to the 30% fee).
so that's worse than this offer. It's also listed at the bottom of the book (correctly so). The bid side is of course the best offer, because that matches k00b's at a loss for the maker. But Darth "left", so is it even actual?
PS: Your depth graph is not a depth graph. You need to invert the bids and you need max order size, not min.
Edit, cuz forgot to answer:
is just for simplicity?
No, I think it is what surplus means. Read the post. bullish has CCs they don't need. That's it. They're liquidating them.
PS: Your depth graph is not a depth graph. You need to invert the bids and you need max order size, not min.
Sweet details, thanks. Just implemented https://4g0r4.github.io/cc-sat/
right, so the only ask-side offer that signifies surplus supply and is not trying to be a sleek arbitrageur is from bullish, and that's a 9 months old offer. Everything else is people trying to run arbitrage.