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Title: Value of a coin Post by: 111magic on August 18, 2014, 07:36:26 PM 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? Title: Re: Value of a coin Post by: SecondsOld on August 18, 2014, 07:37:11 PM 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.
Title: Re: Value of a coin Post by: CanaryInTheMine on August 18, 2014, 07:37:45 PM What I'm curious about is how the value of a currency is determined. like anything else: supply/demandIs that the exchanges that determine the value of a coin? Or something else? Title: Re: Value of a coin Post by: KeyserSozeMC on August 18, 2014, 07:38:54 PM a) Dreaming (Expectations)
b) Manipulations ( FUD, pumps, hyping ) c) Demand - Supply d) Community. Title: Re: Value of a coin Post by: djm34 on August 18, 2014, 07:40:31 PM What I'm curious about is how the value of a currency is determined. 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...) ;D ;DIs that the exchanges that determine the value of a coin? Or something else? Title: Re: Value of a coin Post by: 111magic on August 18, 2014, 07:56:08 PM Gentlemen, thanks for the explanation
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