I'm standing by my post this morning. Binance added 240,000 new users (in one hour) Wed according to reports. Unless reports are false, demand is rising astronomically by the day.
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I'm standing by my post this morning. Binance added 240,000 new users (in one hour) Wed according to reports. Unless reports are false, demand is rising astronomically by the day.
high demand should increase the price..NOT cause it to fall.
econ 101
Sure, but what gives then? Either all these reports of high demand are false, or the fear factor is overwhelming new exchange registrants and they aren't investing. Or they are, and it's not enough to stop the selloff. ???
no clue..but high demand and limited supply causes and increase in price.
I really have no clue either except your point about the fear factor. And the demand I'm talking about is only new exchange registrants. Doesn't mean they're investing yet when you account for the fear.