then who controls him?
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.
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
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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.
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