Topic: How does the price of bitcoin keep the world basically consistent? (Read 141 times)
February 27, 2018, 02:50:01 PM
The price of bitcoin at one time had a very strong effect on altcoyin. Later all this was divided. Bitcoin became separate from altcoin and the price ceased to be dependent. You can see it by growth.
February 09, 2018, 12:44:42 AM
The price may vary on each exchange due to high demand and low supply of a coin, but can not be lowered that much.
Some exchanges really charge a lot of fee on trades, so you need to assess everything before choosing a platform, thus you will be able to earn profits from volatility and price difference
Some exchanges really charge a lot of fee on trades, so you need to assess everything before choosing a platform, thus you will be able to earn profits from volatility and price difference
February 09, 2018, 12:15:26 AM
If so, can we make a profit in this way?
Why do people sell their bitcoins on the exchange which at bitcoin price is low?
Is difficult, because if the price difference between the two exchanges is very big, so you in exchange withdrawal will be postponed, if the price difference between the two exchanges is small, so when you confirm to exchanges, the difference has disappeared. Why do people sell their bitcoins on the exchange which at bitcoin price is low?
February 09, 2018, 12:12:57 AM
The price is determined by demand. The more people that buy the more the price rises. There are people monitoring the various exchanges with software that will sell or buy based on conditions they set. If the price on one exchange goes up or down people on other exchanges will see this and buy or sell appropriately. Sometimes there is a difference, but usually the prices are very near to each other.
February 08, 2018, 11:37:52 PM
If so, can we make a profit in this way?
Why do people sell their bitcoins on the exchange which at bitcoin price is low?
the different between 2 exchanges isnt really that big, and yeah some people really make profit from that. Move your ballance to another exchange with higher price to sell it called arbit. But you need to calculate some stuff. Like fee for send it and how many time that coin will arrive, cause if you late and the price back to normal youll end up losing. Why do people sell their bitcoins on the exchange which at bitcoin price is low?
February 08, 2018, 11:14:43 PM
The price is usually followed by the most popular exchange and prices are harder to manipulate because there are lots of buys and sells.
February 08, 2018, 11:02:08 PM
Bitcoin is the most highly rated coin on market today, well trusted and good value. Bitcoin is known all over the world. Its market exchanging price is on high stake.
February 08, 2018, 10:56:39 PM
If so, can we make a profit in this way?
Why do people sell their bitcoins on the exchange which at bitcoin price is low?
Why do people sell their bitcoins on the exchange which at bitcoin price is low?
February 08, 2018, 10:21:38 AM
If the price of bitcoin on the exchange is lower and the price of another exchange is higher, there will be a difference between the two exchanges.
There are a lot of people who move bitcoins from the exchange to another exchange to earn the difference, and the difference between the two exchanges will gradually diminish.
That's why prices are always consistent for most of the time.
There are a lot of people who move bitcoins from the exchange to another exchange to earn the difference, and the difference between the two exchanges will gradually diminish.
That's why prices are always consistent for most of the time.
February 08, 2018, 09:13:52 AM
I'm a beginner. I wonder how the world's exchanges keep the price of bitcoin consistent?
Take exchanges, for example. Where do their prices come from?
How do other exchanges keep their prices in line if an exchange, someone who breaks the price of bitcoin, deliberately drives down the price?
Take exchanges, for example. Where do their prices come from?
How do other exchanges keep their prices in line if an exchange, someone who breaks the price of bitcoin, deliberately drives down the price?
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