Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ulum5 on September 30, 2018, 11:39:12 AM



Title: how do you increase the value of crypto prices?
Post by: ulum5 on September 30, 2018, 11:39:12 AM
this time I was a little eager to ask questions and consult and discuss a little. how to increase the price or price of the crypto currency. as we all know a few months ago ether had fallen to the bottom of 200 $. it was really surprising that ether had never fallen like that before. but the last few days have seen a strengthening again, so the question is whether there is a way to increase and decrease the value of the crypto currency? and whether it is the same as the value of the country's currency, as at present the rupiah has dropped below the dollar. then do the selling process of the dollar. please info for those who can and understand. thank you


Title: Re: how do you increase the value of crypto prices?
Post by: reactorjuno on September 30, 2018, 01:25:03 PM
The good old principle of supply and demand. The price of the coin is determined as the price of any currency. The price is set when the offer meets the demand. If a large number of investors wish to buy a coin, the price rises. This is what happened with pretty much the whole market last year.
Some websites which we can call "virtual financial centers" are responsible for establishing the prices, and it works the same way as a traditional stock exchange.