RE: Open Offer14 Nov 2022 16:15
This is a futile argument... supply and demand economics.
More Buyers and less sellers drives price up. Less Buyers and more sellers drives price down.
I think your manner of describing this basic process is potentially obtuse, imho. I think everyone agrees with the statement above, but equally you could argue sellers drive price up (because they are unwilling to sell) and buyers drive the prices down because they are unwilling to buy. But until they buy they are not buyers and until they sell, they are not sellers. The market attracts both potential buyers and potential sellers, and the balance of those two sets is what moves the price.
Simples. Until you get a 3rd Party Market Makers who basically are only interested in their margin and deal with people on the side that don't report what is going on until later... and they don't have to balance their books for a period of time (I once read they have a month or so to do so).