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/biz/ - Business & Finance

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30027946 No.30027946 [Reply] [Original]

How does a price of a stock/crypto work? When someone sells the price goes down but why?

For example, if Tesla were to sell $1.5 billion worth of Bitcoin the price would go down but the only way they can sell that is if people are willing to buy it in the first place. The amount of Bitcoin being held is still exactly the same. The demand is still the same considering various people were willing to buy that much in the first place. Shouldn't the price stay stagnant?

>> No.30028218

If you market sold $1.5B of Bitcoin in Coinbase the price would drop to $1, maybe even lower (momentarily). Who knows what would happen after that

>> No.30028393

You buy and sell prices, OP. Watch this:
https://www.youtube.com/watch?v=hJ9yBgTp9UQ

>> No.30028828

>>30027946
>There are buyers who are willing to pay below x for a stock
>there are sellers who are willing to sell above y for a stock

X is the sell price, y is the buy price.
If you buy every share for y and 30$ then there will be no sellers for y price, only for y+30$, therefore that will be the new y