Price Discovery on Exchanges

[PurpleCow]

I wanted to learn how does price discovery happen on an exchange? Any responses, pointers to articles, books or forum discussion forum is very helpful.

I am mostly interested in crypto-currency exchanges? An explaination with an example (like say Ripple on BitStamp) would be even better.

Thanks in advance

[T8493]

Try reading some books about market microstructure: 

https://en.wikipedia.org/wiki/Market_microstructure