Careful with using the order book to assess demand, I could put in an order for a few bitcoins at the lowest price value (1 satoshi or something) and all of a sudden the steem on the orderbook would shoot up and look like there's huge demand, if you only look at the amount of Steem.
I think it's better to look at the bitcoin numbers on bittrex, and the volume going through. Volume mainly, whihc is multiples higher than it was pre 4th july.
Careful with using the order book to assess demand, I could put in an order for a few bitcoins at the lowest price value (1 satoshi or something) and all of a sudden the steem on the orderbook would shoot up and look like there's huge demand, if you only look at the amount of Steem.
I think it's better to look at the bitcoin numbers on bittrex, and the volume going through. Volume mainly, whihc is multiples higher than it was pre 4th july.
:)