Is the Leodex price the official pob price value or is just a temporary price or is that it's permanent price?And then what is the official price of pob?@leprechaun
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Is the Leodex price the official pob price value or is just a temporary price or is that it's permanent price?And then what is the official price of pob?@leprechaun
No official price. Cryptos do not have official prices.
So the right price is the one in leodex?
but a cryptocurrency price value should be market capacity/circulating supply.@leprechaun
If you want to buy it, the right price is the lowest. If you're trying to sell it, the right price is the highest.
can we create another exchange apart from leodex, like p2p exchange with the market price
I'd like to see something like that I hear Thorchain is a solution, but if that were true why the hell are they directing us to centralized exchanges to buy Rune? .
i think centralised exchange too is nice for fast transactions, i discuss with an admin of a token about listing pob on it exchange (decentralised exchange), but he told me that the token must be under bsc20 or erc20.
Yes I got it
Thank you sir for answering all my questions
To my knowledge I don't think crypto currency have an official prize,the prize flotrate .
but there is no liquidity pool, if am right cryptocurrency price is defined by the market cap/circulating supply.
The marketcap is defined by the price and the circulating supply. I think most Austrian economists believe that an increase in supply of a currency creates a downward pressure on the unit price of a currency. I agree with this and I believe you do too. I don't like to use the term "inflation" because not everyone agrees what the word means.
The downward pressure doesn't immediately affect the value though. I think it depends on how much transfers are taking place. If there is little no economic activity, the price will take incredibly long to get re-discovered. In fiat the economic activity is much higher than that of any blockchain, so the incrase of supply has a relatively quick effect on fiat denominated prices.