These all come back to supply and demand.
Some are describing how demand is generated but it's still supply and demand.
But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or what? First you must create demand and it is created through lies and hype, empty promises in most cases,and demand is created from human greed . Artificially created demand has no future it just a pump.
You just answered half of your own query. You asked what determines the price, now you're talking about things that are separate from that question.
[/quote]But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or Supply has nothing to with it, in crypto world you can divide one COIN in millions of pieces.
[/quote]
You can only divide the number of coins that are available down to 8 decimal places, that's it. If coin supply was infinite then none of this would work.