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Who controls the price of Monero? If he is untraceable

then who controls him?

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people buying and selling on exchanges

W4cu7Sc0ky- Автор вопроса
Echo
people buying and selling on exchanges

How safe is this? What if monero leaves exchanges? of all? I feel that there is a loophole to manipulate its price on exchanges. I say. You shouldn't depend on them for price formation.

W4cu7Sc0ky
How safe is this? What if monero leaves exchanges?...

We should not, this is why you should use monero as a currency as itself and not compare it to the dollar value. I normally buy things using the amount of xmr not the dollar value. That is the point of xmr

😭

I think in the portals there are offers - like offer 10 Monero for 1250 €. If someone takes the offer the next one is maybe 10 Moner for 1300 € and so on ... If the offers are to high they are ignored which forces the seller to lower the price.

once the cartels are using xmr from start to finish, xmr will be priced in a key of coke lmao

fridgemidget
once the cartels are using xmr from start to finis...

Hey I am not complaining, I have been stockpiling xmr like crazy for the past month

like anything in this world, if there is less of it offered, then the price goes up. If more people want to sell their XMR then the price goes down.

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