I know im probably missing something but im wondering if bitcoin price should even increase, or any price really, because when someone buys bitcoin it creates demand so price increases if im correct but when the person is buying isnt someone else selling? shouldnt this decrease the price so now the price is back to its base? This has me really confused and i have thought about it for a few days and couldnt come up with an answer, someone please tell me the answer.
It falls on this 3 categories:
1. More buyers means more demand = the price goes up
2. More sellers, less buyers = the price goes down
3. Less buyers, means less demand = the price goes down
So basically that's how the market works, so its law of supply and demand. Go and look for basic law of economics and try to understand it. I'm in the same boat with you man, I didn't quite understand at the beginning. But through constant reading and going around the forum, I was pointed to the right direction.
