Back to collectionA Thinner Order Book, Separate Questions
Background: Questions about the airdrop date, node rewards, and game seasons were all still open, yet the chat often folded them into a single discussion of price. Today: The order book grew thin again. Impact and next steps: His check brought the discussion back to two separate matters: waiting for officials to clarify distribution arrangements and watching how the order book itself changed.
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Background: Questions about the airdrop date, node rewards, and game seasons were all still open, yet the chat often folded them into a single discussion of price. Looking at the order book, the Night Watchman was more concerned with what a quoted price meant when buy and sell orders were thin than with finding one answer to every dispute.
Today: The order book grew thin again. Someone in the chat asked whether the current price showed that people had accepted the 30-day unlock schedule. The Night Watchman would not draw that conclusion for the market. He suggested asking a direct question about the unlock rules and reminded the group that, when orders were sparse, a single trade could move the displayed price.
Impact and next steps: His check brought the discussion back to two separate matters: waiting for officials to clarify distribution arrangements and watching how the order book itself changed. The Night Watchman planned to use instant price moves less often as answers to questions about rules and to keep track of the month-end promise. No one could yet tell how long the thin order book would last.