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RE: Order Books are Emptying! (BTC) ETH Moving Independently.

in #trading7 years ago

I think the buy orders are thinning out because Bitstamp is not going to support Bitcoin Cash. The majority of exchanges will be halting withdrawals/deposits on the 30th so the buy orders would be poorly positioned on bitstamp because you cannot benefit from the fork. You will find those buy orders have been re positioned on another exchange.

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That is very possible, have you been investigating it?

I am pretty up to date on Bitcoin Cash. Have not been following the wallets for bitstamp or anything. But in situations like this you have to consider what you, yourself would do. If you have your buy order filled during the hours that BTC wallets are down, would you prefer to have it filled on an exchange that would credit you with Bitcoin Cash after the fork or one which does not?

I certainly see your point.