Thank you d5000 for this interesting response. Very informative !
Also thank you tadamichi for all your explanations. That's very nice of you.

I may have other questions as I get a bit further in my research, will keep you posted.

Thank you tadamichi for your response, it will be of great help for me.

Another question that I was thinking about (mind sound silly to some of you) but is the BitCoin supply/demand levels on independent exchange platforms (Binance etc...) have any influence on BitCoin intrinsic value ? i.e. if there are more people demanding BitCoin on exchange platforms, will this result in an upgrande in the coin's value ?

Also, a lot of people that I talked to always referred me, beyond other factors such as market sentiment etc.., to the "supply" and "demand". I understand, and maybe I'm wrong, that "supply" are newly mined bitcoins that are put into the market, but what is "demand" ? Because it seems to be two kinds of demands : the exchange platforms demand, and the "original" demand for newly mined bitcoins.

It's still a bit confusing for me so please don't mind the foolishness of some of my questions.

And thank you again for your response.

Hi all,

Hope you're doing great. I am kind of a newbie to this forum, still discovering this incredible community !

As I'm actually working in research in the social sciences, I am very unaware of all the pure technicalities of the BitCoin.

For the purpouse of one of my sociology papers, I'd like to know if there is any technical papers that u guys can redirect me to in order for me to grasp all the mechanism underlying price formations.

I'm not afraid of equations and very technical stuff, so please share any resources that you might have.

Thank you.