/biz/ - Business & Finance

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Anonymous Mon Jul 23 23:22:35 2018 No.10393143 [Reply] [Original]

can someone explain this to me?
if more people buy, the price goes higher faster right?
so why doesnt everyone just organise a buy at the same time and then sell at the same time?
everyone gets rich... easy. 123?
is this whats already happening? is it why people say cryptocurrency is rigged?

>>	Anonymous Mon Jul 23 23:25:55 2018 No.10393177 What the fuck do you think "trading" means?

>>	Anonymous Mon Jul 23 23:25:56 2018 No.10393178 File: 60 KB, 1200x630, Apu1.jpg [View same] [iqdb] [saucenao] [google] >>10393143 You have it all figured out, bro! My idea is that government will print equal amount of dollars to every single citizen. That way everybody can be rich.

>>	Anonymous Mon Jul 23 23:30:25 2018 No.10393216 I don’t get it if more people buy than aren’t the same amount of people selling to fulfill those orders? I don’t think that is what truly drives price

>>	Anonymous Mon Jul 23 23:30:31 2018 No.10393217 >>10393177 >>10393178 exaplin

Anonymous Mon Jul 23 23:35:48 2018 No.10393270

>>10393216
me too. i dont actually understand any of this desu. i just bought in december because anons were shilling it literally everywhere. convinced my auntie, and all my coworkers to buy as well kek. pretty much all of them (me as well) are still hodling... hopefully one day this shit can go to $500k and I can sell.

I just dont understand why everyone else gets to get rich just for buying early and I dont. so trying to figure out how it all works now.

>>	Anonymous Tue Jul 24 00:28:18 2018 No.10393817 File: 37 KB, 990x561, shia-cry.jpg [View same] [iqdb] [saucenao] [google] >>10393143

>>	Anonymous Tue Jul 24 00:29:23 2018 No.10393833 >>10393270 >I just dont understand why everyone else gets to get rich just for buying early and I dont. You're an entitled piece of shit, you know that?

Anonymous Tue Jul 24 00:47:16 2018 No.10394016
File: 84 KB, 299x288, 130221984383.png [View same] [iqdb] [saucenao] [google]

>>10393833
>I just dont understand why everyone else gets to get rich just for buying early and I dont.
There is a pie.
Pie is worth $10.
Pie has 10 pieces.
The pie looks so good, people start buying pieces for more than the nominal value ($1), maybe for $2 or even $3.
Now the pie is worth between $20 and $30.
If you come late, you'll pay $2 or $3, instead of $1.

>>	Anonymous Tue Jul 24 00:47:37 2018 No.10394020 File: 83 KB, 900x900, flat900x900070f.u1.jpg [View same] [iqdb] [saucenao] [google] The absolute state of this board

>>	Anonymous Tue Jul 24 00:48:59 2018 No.10394037 >>10394020 Falling this hard for bait

>>	Anonymous Tue Jul 24 00:50:50 2018 No.10394062 >>10393216 >>10393270 This has to be a samefagging larp, cant believe anyone is this dumb.

Anonymous Tue Jul 24 00:58:13 2018 No.10394141

>>10393143
if someone is buying that mean someone is selling for that same price, if more people are buying than selling then the seller gets to sell at a higher price (the price goes up) if everybody then tries to sell but nobody is buying, the price crashes. Timing is obviously paramount

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