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I think the buy/sell prices are reversed. Bid/ask is of course common terminology and the buying price will be higher than the selling price.


I can see your interpretation, but I think the way he has it also makes sense. The buy price is what people are willing to buy it for (i.e. it's the bid). The sell price is what people are willing to sell it for (i.e. it's the ask).

Perhaps switching to bid/ask would be a good idea to clear up the confusion, but it's potentially more confusing to people unfamiliar with financial markets.




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