Row 44113
Content Data
This page contains data entry 44113 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
Someone’s already written an extensive reply.
You should study more how market makers, the bid/ask, spread, order book etc. work.
If Bitcoin traded to $150k overnight more people will be inclined to sell. So you’d see more Bitcoin transferred to exhanges.
Hence the ‘there’s only X Bitcoin left on exchanges’ talk is largely BS. It is useful to know how many Bitcoin there are on exchanges in that snapshot of time but it’s ultimately moot.
The Bitcoin usd price is just the mark price the last Bitcoin traded for. That means someone sold at X price so obviously someone bought at X price.
Also, and this will probably get me flamed, there is (ALLEGEDLY) tons of price manipulation going on, especially with FUSD on Binance.
| Field | Value |
|---|---|
| text | Someone’s already written an extensive reply. You should study more how market makers, the bid/ask, spread, order book etc. work. If Bitcoin traded to $150k overnight more people will be inclined to sell. So you’d see more Bitcoin transferred to exhanges. Hence the ‘there’s only X Bitcoin left on exchanges’ talk is largely BS. It is useful to know how many Bitcoin there are on exchanges in that snapshot of time but it’s ultimately moot. The Bitcoin usd price is just the mark price the las… |
| label | r/bitcoin |
| dataType | comment |
| communityName | r/Bitcoin |
| datetime | 2024-05-22 |
| username_encoded | Z0FBQUFBQm5Lak1PMnRwUml3ODRUTlZibmlxdXlKOGVPNEFudkJHUEdPRS1pbEVuM21xN2FKOUZLc0FDQUhzaEtPZWl1MExMRTFRR0hfWEdHNENlLTJQWUJVZUlrTHVsdGc9PQ== |
| url_encoded | Z0FBQUFBQm5Lak9lSll4U2ZzVFlqS3JWMHlQa09ZS0x5ZVpoYWVubUZOWVRIMEY3UXR0OW5kY19seGZpblhFakZIODNLMjd6Vkh3Rnh0S2JnOXJtcDBYdVBiWGFfcVB4ZjlrLTd3a0NtX3paeWt3WEZ4SnllOFlYNGdWc0tidmNHYWFsd09YLURhUHh5bjRJUkxKR2ZKVlBSdHZlOEJDUWxVakpsekNUZ0JFN2tHVlFBMEJyZWprQ21YYmkzeVFIVmxoLVJfbXVLZlgw |
Raw Record
{
"text": "Someone’s already written an extensive reply. \n\nYou should study more how market makers, the bid/ask, spread, order book etc. work. \n\nIf Bitcoin traded to $150k overnight more people will be inclined to sell. So you’d see more Bitcoin transferred to exhanges.\n\nHence the ‘there’s only X Bitcoin left on exchanges’ talk is largely BS. It is useful to know how many Bitcoin there are on exchanges in that snapshot of time but it’s ultimately moot. \n\nThe Bitcoin usd price is just the mark price the last Bitcoin traded for. That means someone sold at X price so obviously someone bought at X price. \n\nAlso, and this will probably get me flamed, there is (ALLEGEDLY) tons of price manipulation going on, especially with FUSD on Binance.",
"label": "r/bitcoin",
"dataType": "comment",
"communityName": "r/Bitcoin",
"datetime": "2024-05-22",
"username_encoded": "Z0FBQUFBQm5Lak1PMnRwUml3ODRUTlZibmlxdXlKOGVPNEFudkJHUEdPRS1pbEVuM21xN2FKOUZLc0FDQUhzaEtPZWl1MExMRTFRR0hfWEdHNENlLTJQWUJVZUlrTHVsdGc9PQ==",
"url_encoded": "Z0FBQUFBQm5Lak9lSll4U2ZzVFlqS3JWMHlQa09ZS0x5ZVpoYWVubUZOWVRIMEY3UXR0OW5kY19seGZpblhFakZIODNLMjd6Vkh3Rnh0S2JnOXJtcDBYdVBiWGFfcVB4ZjlrLTd3a0NtX3paeWt3WEZ4SnllOFlYNGdWc0tidmNHYWFsd09YLURhUHh5bjRJUkxKR2ZKVlBSdHZlOEJDUWxVakpsekNUZ0JFN2tHVlFBMEJyZWprQ21YYmkzeVFIVmxoLVJfbXVLZlgw"
}
Entry Information
- Entry ID: 44113
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000