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bobkazamakis | 3 years ago
In order to sell at a high price, someone else must be buying...
This market maker analogy really isn't a win.
bobkazamakis | 3 years ago
In order to sell at a high price, someone else must be buying...
This market maker analogy really isn't a win.
lotsofpulp|3 years ago
And it is not a market maker analogy, it has nothing to do with market making.
The point is, the buyer dictating price is “normal” because sellers often are not in a position to turn down the offer, whether it be due to them not having an option or not being willing to take a risk.