Trading 10000 HBD a day in such a low liquidity token we would imagine to have a significant impact on the price?
I would expect so, but UpBit seems to absorb it rather quickly. It does distort the internal market since I primarily trade there, and it takes time for arbitrage to happen.
I've noticed/caused some big swings on ionomy when trading there.
It doesn't seem to have much liquidity so it is possible to move the needle with quite modest trades?
Yes, it's the most illiquid of an illiquid bunch.
I'm rereading your posts on HBD. Even though I've been on both chains since 2017 I never quite got the importance of HBD until fairly recently.
This post clarified it's position perfectly. Thanks for sharing. 👍
I'm buying HBD and getting some good returns using the 3 day conversion method.
With HIVE over a dollar its a buy all the way. 👍👍