Why does this happen everytime rlc goes over a dollar?
Rlc
Ethan Fisher
Aaron Bailey
Price suppression before the coinbase listing
Luke Watson
Do not worry fren, comfy 52k
Cooper Davis
52k what?
Julian Roberts
Yeah and its starting to get obvious binance is doing it for some reason
Chase Carter
>frog
based. what do frenchies think of iExec?
Hudson Kelly
retarded here
what does it happen?
Easton Wilson
It looks like someone is keeping the price where it is, heres link's chart for something more natural
Parker Clark
well what is the difference in the 2 orderbooks? I can't really see any user
Noah Foster
gap in the middle
Cooper Evans
what am i looking at here? can someone explain to a brainlet like me pls?
Owen Sullivan
ah okay suppression on iexec RLC by binance, got it thanks
i have 12k rlc
Jeremiah Bailey
Updated
Jaxon Cox
Suppressing the future
Dylan Kelly
Parker Nelson
Based oily ID colours. 2021 is our year. I can feel it in my balls - theyre tingling
Isaiah Brown
Can somebody give a brief explanation on how to interpret these graphs and orderbooks? I dont use binance - just CMC for price monitoring and CB and Uniswap for purchases
Thomas Flores
Theyre buy orders and sell orders, whats not to get. Hint green one is buy and red is sell
Juan Walker
Also this is cryptowatch not binance but its showing the binance chart. Also binance owns most of the rlc
Nicholas Williams
So what is the significance behind the gap for RLC? Am I just dense? Im not getting it
Kayden Morgan
The price is being supressed by binance. They have hug sell order that automatically go up everytime it goes up .005
Nicholas Gray
Things that have lower volume can have a bigger gap because they are less liquid.
You cant really interpret anything from just looking at it like that, you basically have to watch it and see how the orders go in, where they go in, what orders fill and how the books change in response to price.
David Thompson
Now I can see it. I was focusing on the gap in the middle and didnt see the stepped sell-offs in line with the price points. Thanks for spoonfeeding me bro, appreciate it
Sebastian Mitchell
I agree you have to watch it as it moves. Ive been keeping an eye on it for the last 2 hours or so and its definitely something thats automated.
Lucas Reed
THIS
Based
>21 million RLC
Wow it's almost like RLC is the next bitcoin tier gains, and the universe is telling us with numbers.
Landon White
No problem, the more knowledgeable the board the better in my opinion
James Johnson
This is a bullish sign seems binance thinks its going to be big. I think once erlc comes out will get the instructions investing big time
Noah Garcia
Institutions**
Cooper Diaz
If iExec gets any form of enterprise adoption it will 1000x in 8 months like ETH did
Liam Price
Sorry, 1000x from the bottom which was around 20 cents, so 200$ per RLC.
Christian Garcia
Yeah i think binance knows this so theyre keeping the price down to make a huge profit. Its one of the few undervalued assets in the cryptospace
Alexander Foster
Yeah, you gotta wonder how much of the supply they actually own. A lot of that 21 million is probably owned by users.
Liam Moore
You think 200 is the ceiling? Surely the limited supply and enterprise involvement would grow the mcap far bigger tham anything of eths 2018 era? Not looking for hopium - serious question