Quote from: styca on August 28, 2017, 09:39:18 AM

Total supply plays a part, as does mining difficulty, and also the faith that people have in the project.
If there is a huge supply, or mining is very easy, or (worst) people have no faith in it, then this would be reflected in a low price.
But yes, until a coin is tradeable then this is all just a guide. Ultimately the market determines the price.

Thanks for reply..

I understand "Total supply plays a part, as does mining difficulty, and also the faith that people have in the project." part.

But how is the actual price decided based on above criteria?
Who will determine the price? Exchange? Creator of coin? Miners? Users?

Is there any standard criteria?
Like:

Total supply should be in range X,Y.
Mining difficulty should greater than Z.
Minimun number of votes are required to be listed on exchange at specific price

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