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RE: Bitshares - State of the Network - 4th April 2017

in #bitshares7 years ago

Forgive my ignorance, but im looking at the graph and fill orders are up but the most where the grey (created) then green (cancelled). Is this people just placing an order then cancelling it?

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They are mostly bots providing liquidity, which is good in itself, but also indicates growing interest and usage.

Here's the interactive chart. Filled orders are some 30k - triple of one month ago.

As Markopaasila mentioned we have a Market making platform BTSBOT and Stakemachine both open source projects allowing people to easily run bots creating liquidity and some profit for their efforts. This is the cause of so many create and cancel orders as prices move around but if you check out cryptofresh you will see the filled orders is also on the same trajectory.
Nice to see you paying attention to the details :) thanks for the question/comment

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