Post
Topic
Board Announcements (Altcoins)
Re: 🔴 ⚒⚒ SOLARIS ⚒on Cryptopia ⚒NIST5⚒Pool launched ⚒ Android Wallet soon⚒XLR
by
tony_crunk
on 06/04/2017, 08:07:38 UTC
I will never understand one thing. Price starts climbing, there is demand = buy power. Than buying stops for few hrs and sell trades are starting to go with price down. Why do people mine or even invest if thay have weak hands, this is killing trading..

the price is determined by the intersection of supply and demand (buy and sell) if sellers to sell at a lower price (buyers are more ofand sellers) the price drops. If buyers are willing to pay a higher price (and buyers are more of sellers) the price goes up

with trading volume very low, if you buy even one coin at a high price to see the price rise:-)