Proposal for Collaboration
I’m looking to gather a group interested in exploring this further in practice—testing a Parallel Collaborative trading strategy that could potentially highlight Bitcoin’s true valuation through coordinated Post Only Limit Orders. This isn’t just about trading but understanding market dynamics and how strategic participation might impact BTC’s perceived value.

If you’re intrigued by market microstructure, strategy, or just want to be part of something unique, drop a comment or DM. Let’s see what we can achieve together!

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I've been diving into some lesser-discussed dynamics of Post Only Limit Orders and their influence on price setting.

Here’s something interesting:
 

Example:
A single Post Only Sell Order of 0.00000001 BTC (good til cancelled) at a price of $100,000/BTC ($0.001), matched in the Exchange's order book to another trader's identical/opposing Post Only Buy Order of 0.00000001 BTC (good til cancelled) at a price of $100,000/BTC ($0.001) will reset BTC's new price to $100,000/BTC.

Note: 4 participants are required to establish a new price because Exchange Protocol Rules require 2 Identical, Matched pairs of Post Only Limit Orders—one Buy Pair and one Sell Pair— with 4 independent traders to move the price (without triggering an immediate self-match or violating exchange rules on self-trading):

• 1. First Pair: A Post Only Sell Limit Order, matched by a Post Only Buy Limit Order at the same price and quantity, adds liquidity but does not immediately move the price.

• 2. Second Pair: A subsequent Post Only Order—either Buy or Sell—matched by an opposing Post Only Order at the same price and quantity completes the sequence and sets the new asset price.

Sources:

• Market Microstructure Theory" by Maureen O’Hara
• Limit Order Markets by Thierry Foucault and Albert J. Menkveld
• Albert J. Menkveld’s work on High-Frequency Trading and Price Formation
• Trading and Exchanges: Market Microstructure for Practitioners by Larry Harris (2003)