For example, right now XMR is $215 USD/XMR, but there’s an offer listed at $210/XMR and another one at $213/XMR. This seems to happen relatively frequently. Anyone know why this is?
Even I do this sometimes
- Every payment method and region has its own market and supply/demand.
- Sometimes the seller/buyer in urge and prefers paying more.
Even this happens on centralized exchanges. In Turkey cryptocurrencies are a bit more expensive than global market price. Once I’ve seen 6-7% higher than global market price when the regulations were very strict and when people were in panic.
Letely, the price is going up but many of those offers may have been made a day ago or something.
Also, some people may be willing to take a little haircut to get the trade done fast. This is how price discovery works on an order book, spreads should get smaller as liquidity goes up
Letely, the price is going up but many of those offers may have been made a day ago or something.
This is the whole thrust of my question. Are these “old” offers from “a day ago” that will suddenly increase when I respond to the “old” offer or are the sellers committed to the advertised price, even if it’s below market value?
Also, some people may be willing to take a little haircut to get the trade done fast.
Really? Sellers do that?
If they put fixed offers at the time higher the market price would you take it? You fucking wouldnt is my guess. Fuck this thread.
If they put fixed offers at the time higher the market price would you take it? You fucking wouldnt is my guess
My expectation is that they all should be slightly higher than the market price so that the seller can make a profit. That’s how it was with all trades on localmonero. Have you even ever done a cash by mail trade?
Do you know how haveno works? Do you know the buy price of the seller? Have you read the replies already given to explain it? No, no, no.
