Demand and Supply Factor

[tervel]

Supply and Demand is a big factor that determines the value of anything that can be traded, including all digital currencies in the market. For example, if more people are trying to buy bitcoins, while others are willing to sell them, the price will go up and vice versa,speculation can stop this process.

[Alcor]

I have come to realize that price in  the cryptocurrency market is determined speculation.
So does it mean then that the factors of demand and supply doesn't determine price in cryptocurrency as we were taught in economics in college?

In college, taught correctly, only you perceive it for some reason is not true.
Speculation is the receipt of income due to the difference between the prices of purchase and sale. If we buy cheaper cryptocurrency and sell at a higher price, we are engaged in speculation and make a profit. This does not contradict the eternal statement that the price in the market is determined by supply and demand, but fully corresponds to this statement. When buying and selling, we also influence the ratio of supply and demand, and hence the price of cryptocurrency or any other commodity.

[dekafee79]

I have come to realize that price in  the cryptocurrency market is determined speculation.
So does it mean then that the factors of demand and supply doesn't determine price in cryptocurrency as we were taught in economics in college?

I think It is true.  the price in cryptocurrency  is determined  in speculation,  But We must know,  demand and supply  also influence the price of cryptocurrency.  Negative issue  influence crypto  price,  I think That is the factor of crypto  price influencer.

[Whate]

this is one of the determinants of prices in a market. included in crypto trading which is inseparable from prices falling or rising. that is the factor of demand and availability of goods.

[Alter]

The price of crypto coins will be always determined by those factors [supply and demand]. I think this is normal as crypto is decentralized and something can determine the prices are about the demand from people on the market + how the supply is.