Topic: Value of a coin (Read 962 times)
Gentlemen, thanks for the explanation
What I'm curious about is how the value of a currency is determined.
Is that the exchanges that determine the value of a coin? Or something else?
For IPO coin where several millions are sold at 10k sat or more, mostly based on the evaluation of the level of stupidity of the buyers who pay for it (as well as on what the dev has planned to do with the IPO money: Bahamas 50btc, big sport car/small house 350BTC, large house 700BTC etc...) Is that the exchanges that determine the value of a coin? Or something else?
a) Dreaming (Expectations)
b) Manipulations ( FUD, pumps, hyping )
c) Demand - Supply
d) Community.
b) Manipulations ( FUD, pumps, hyping )
c) Demand - Supply
d) Community.
What I'm curious about is how the value of a currency is determined.
Is that the exchanges that determine the value of a coin? Or something else?
like anything else: supply/demand Is that the exchanges that determine the value of a coin? Or something else?
It's the supply and demand. What someone is willing to pay for it and what someone is willing to sell it for. Where those two values meet, you have the current coin value.
What I'm curious about is how the value of a currency is determined.
Is that the exchanges that determine the value of a coin? Or something else?
Is that the exchanges that determine the value of a coin? Or something else?
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