You are viewing a single comment's thread from:

RE: Is the Stock Market a Ponzi Scheme?

in #money6 years ago

The current value sure, the order book is not going to make the price go up, otherwise all that would be required is for people to place orders and it would rise on it's own without anything real happening. The book order affects psychological buying pressure. The future outlook is the same. Future outlook doesn't make the price rise, people buying based on the future outlook does.

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.033
BTC 63855.79
ETH 3113.00
USDT 1.00
SBD 4.04