Message:

<p>[QUOTE=&quot;GDJMSP, post: 7923886, member: 112&quot;]One can speculate about the reasons for why the coin market moves up, or down, from now until the proverbial cows come home - and it&#039;s never going to do you any good. Why not ? Because any and or all of whatever you come up with could be, or not be, one of the reasons. And nobody is ever going to know for sure one way or the other.</p><p><br /></p><p>So why can&#039;t anybody ever know what the reasons actually are ? The answer is simple really - it&#039;s because the coin market isn&#039;t like most other markets, there are no fundamentals, no technical reasons, for the coin market to move one way or the other. The coin market moves based on the emotions of collectors, their likes and dislikes, and their desires to own the coins. And - whether they think the coins are worth what they&#039;d have to pay to buy them !</p><p><br /></p><p>As I mentioned above the prices for coins at any given time are established by the electronic dealer market, the Bid and Ask. So what makes the Bid and Ask go up or down ? Sales ! If other dealers are buying, things go up. If other dealers are not buying, things go down. It&#039;s just that simple.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in