It both actually. A lot of buyers means the price would go high due to increased demand. Lot of sellers mean price would go low due to decreased demand.
I was about to say the same thing,there is no specific person that determines the price,all traders have the role to play to determine the price of POB on the market..
All buyers want to buy at a low price. All sellers want to sell at a high price. Both buyers and sellers are needed to negotiate a price good for everyone at any given moment.
Is not all about negotiation between the buyers and the sellers to determine a convenient price for them to sale or buy.
Price is determined by the factor of demand and supply ie buyers and sellers and other factors relating to government policies and whales movement in the coin.
I believe the buyer should determine at what price they want to buy and the sellers will agree to sell to the buyer at that price or not,so i think they both determine the price...
Well to your question the both work hand on hand to determine the price of POB price but if you check in some cases when Hive falls in the market some factors tend to add increase on POB price.
It both actually. A lot of buyers means the price would go high due to increased demand. Lot of sellers mean price would go low due to decreased demand.
I was about to say the same thing,there is no specific person that determines the price,all traders have the role to play to determine the price of POB on the market..
All buyers want to buy at a low price. All sellers want to sell at a high price. Both buyers and sellers are needed to negotiate a price good for everyone at any given moment.
Is not all about negotiation between the buyers and the sellers to determine a convenient price for them to sale or buy.
Price is determined by the factor of demand and supply ie buyers and sellers and other factors relating to government policies and whales movement in the coin.
Supply and demand is the negotiation.
I believe the buyer should determine at what price they want to buy and the sellers will agree to sell to the buyer at that price or not,so i think they both determine the price...
Both actually. A lot of buyers means the price would go high due to increased demand. Lot of sellers mean price would go low due to decreased demand.
Well to your question the both work hand on hand to determine the price of POB price but if you check in some cases when Hive falls in the market some factors tend to add increase on POB price.