It defies the whole point of learning about it!
Anyhow, I don't see why everyone is overcomplicating this stuff while the name speaks for themselves:
- maker, the ones that put an offer for either sell or buy creating the order book
- taker, the one that takes the first offer available for either his sell or buy at the current price
I know it may sound complicated, because it ISN'T what that means, people confuse terms sometimes, but market maker may mean someone who makes the price go down or up, or at least someone who tries to. That seems like the most common way, and I believe that we are going to be doing just fine about it. I think it should be noted that we are going to end up with something that will take a while, and we need to remember what we are doing while we are here as well.