Those who are simply transacting via the Bitcoin network as a payment rails will have a buy and sell
order on both sides of their transactions, which therefore has a marginal effect on the overall price.
Not exact matches
They seek
orders, and are willing to pay a tiny amount to get them, knowing they can make a profit
on the other
side of the
transaction.
When you place a market
order, the purchase or sale occurs almost immediately so long as there is a willing buyer or seller
on the other
side of the
transaction.
On the equity
side of the balance sheet (to the right
of the solid black line), nothing has changed (except the
order of some
transactions).
The platform isn't merely a reseller
of a manufacturer's goods, for instance, but is actively encouraging or discouraging participation by users
on both
sides of the platform in
order to maximize the value
of the platform itself — not the underlying
transaction — for those users.