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Anonymous Mon Dec 28 23:16:47 2020 No.25267282 [Reply] [Original]

Sorry for the stupid question but what determines a cryptocurrency price? What makes it go up or down?

>>	Anonymous Mon Dec 28 23:17:41 2020 No.25267307 File: 75 KB, 500x500, 1609186765727.jpg [View same] [iqdb] [saucenao] [google] >>25267282 chinese autism

>>	Anonymous Mon Dec 28 23:17:54 2020 No.25267318 >>25267282 ur mom

>>	Anonymous Mon Dec 28 23:17:58 2020 No.25267319 >>25267282 Jews

>>	Anonymous Mon Dec 28 23:17:58 2020 No.25267320 Supply and demand?

>>	Anonymous Mon Dec 28 23:18:04 2020 No.25267321 >>25267282 Lel, read the basics in the sticky friendo

>>	Anonymous Mon Dec 28 23:19:30 2020 No.25267356 >>25267282 the price of pure Colombian cocaine

>>	Anonymous Mon Dec 28 23:19:43 2020 No.25267362 >>25267282 you need to understand 4 things: >difference between open market and OTC market >orderbooks >limit orders >market orders once you understand these you will understand how price action works

>>	Anonymous Mon Dec 28 23:20:01 2020 No.25267374 >>25267282 The amount in millilitres of cum your mum swallowed on any given weekend

>>	Anonymous Mon Dec 28 23:21:37 2020 No.25267409 >>25267362 Congrats you took an econ 101 class, or googled it

>>	Anonymous Mon Dec 28 23:22:54 2020 No.25267434 >>25267282 Fundamentals, speculation, and asperger's

>>	Anonymous Mon Dec 28 23:23:05 2020 No.25267438 >>25267409 they dont teach you any of those things in econ 101

>>	Anonymous Mon Dec 28 23:23:52 2020 No.25267456 Usually memes.

Anonymous Mon Dec 28 23:25:24 2020 No.25267499

>>25267282
>What makes it go up or down?
Tether

But seriously, simple answer OP: people buy the coin, price goes up. People sell coin, price goes down. The more coins there are on the market (in circulation) the more people need to buy it to make the price move.

>>	Anonymous Mon Dec 28 23:43:36 2020 No.25267900 >>25267282 People buying it at that price. Dumbass

>>	Anonymous Mon Dec 28 23:47:50 2020 No.25268003 star, moon, and planetary positions

>>	Anonymous Tue Dec 29 00:08:58 2020 No.25268443 indians

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