The DNotes market report for Sunday, May 20, 2018
Since CoinMarketcap does not recognize any active DNotes markets, and our only market right now is NLexch (not recognized by CMC), I am reporting what's going on with that market once a day so that we can all be apprised of the current market price for DNotes.
Yesterday, my buy wall at 70 satoshis got piled on, so I incrementally increased it until I've been at the top for several hours at 105 Satoshi. During that time, 2 DNotes were purchased for 650 Satoshi, which was the lowest ask at the time.
A few hours ago, someone offered 3333.33333 DNotes for sale at 300 Satoshi. I decided that was too good a deal to pass up so I bought it all. This puts the last price of DNotes at $0.025595. The highest bid price is still 105 Satoshi and the lowest ask price is 600 Satoshi--just dropped from 650 Satoshi. The 24 hour volume is 3335.33333333 NOTE.
That's the DNotes market report for today. I'll update again tomorrow.
Wiser, thank you for your amazing work. It is deeply appreciated.
You're welcome. It's actually benefiting me a lot. I'm snagging some cheap DNotes, but also I'm learning more deeply about how markets work, because with NLexch being such low volume, it's like everything is working in slow motion, so I have a chance to think about what's going on and a few hours to figure out how I might respond to it (or not respond to it).
I know that when Cryptopia finally lists DNotes 2.0 everything will happen a lot faster, and I suspect that the price will surge upwards and that will be the end of the opportunity to snag them cheap.
I think your right wiser! I decided to aid in the price swing and put a couple larger buy orders in to get more that I have been meaning to buy. Thanks for keeping us posted!