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Topic
Board Beginners & Help
Re: Altcoin market Price
by
AdolfinWolf
on 20/08/2018, 14:38:00 UTC
Guys is that posible token price become 0 ?
And market price depend on demand and supply right.  so let say in market a :  coin x price = 1$ with active volume  in market b : coin x price = 1$ with almost passive volume.
how the price beetween that exchange almost same?


The price is the same probably due to the fact that if they would be imbalanced from each other, people would arbitrage and trade away the difference ( until it no longer becomes profitable to do so, aka when they become the same price.).

See https://www.investopedia.com/terms/a/arbitrage.asp on how it exactly works, and with some more examples.

Quote
Guys is that posible token price become 0 ?

If there is no interest in a token anymore, then yes, this can happen. See bitconnect which dropped like 99%. https://coinmarketcap.com/currencies/bitconnect/