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RE: NEO and GAS prices going up, There is Big News to Be Released in 3 Days

in #ethereum6 years ago

how can the price of NEO and GAS fluctuate so much on the different markets? i dont understand that one

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Supply and demand in specific trading portals. Thats when happens when its decentralized. When crypto becomes truly global you will have arbitrageurs calibrating the price. Its the efficient market hypothesis

so once it takes over fiat currency, it should be more of a set price accros all markets?

Nope, true free markets decide. If prices fluctuate then it fluctuate because it has to. If ocean waves are five metres, then one metre tomorrow, it's still that. Free ocean not manipulated or controlled by banks govt, cartels, cabal.

gotcha makes sense to me now, thanks!

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