it is not a new concept, so here's some things we should see based on the historic performance of other bonds:
- Given a "I can buyback any time at X" price, the bonds will rarely be bought for much above X
- Price dips will be bigger than spikes due to the opportunity cost of bids
- tiny bids and huge asks wil ruin the depth chart
- People looking to compound will provide some of the buying pressure
- Announcing an end to the bond (buyback) will actually drive the price higher as people remove their asks
I hope you've enjoyed this free installment of Nimda's Market Predictions; the tip jar is below
