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Re:Bitcoin’s Winner’s Curse – What Auction Theory Teaches Us... by nullc on Wednesday May 15, 2013 @01:54AM (#5710408)
An example of the bids and asks on one exchange: http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbo...

I'm sure there is truth to an argument that people with 'intense' opinions are over represented in trading activity, leading to increased volatility then there would be otherwise... but this is far from unique to Bitcoin.

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