Post
Topic
Board Announcements (Altcoins)
Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico
by
aSmallChild666
on 16/08/2015, 19:56:22 UTC
besides the fact that I would like a bit of a discount, the price at this moment is a bit inflated with shallow sell's on Cryptsy. so this is actually closer to the real value as of today, maybe even a little high. Good time for people who want an exit to sell to me... Tongue

How does a big buy order drive the price down?  That would mean big sell walls drive price up?  And I would like to hear exactly what or who determines that the price is inflated or otherwise.  What, exactly SHOULD the price be?  Is there a formula for that?  I believe the price of every currency, crypto and fiat, is purely speculative and based on perception as none have any intrinsic value.