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Author Topic: Different value of Bitcoin  (Read 219 times)
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September 05, 2018, 02:10:28 PM
 #41

Different value of bitcoin is a common project for all exchange and its has a different policy and you can buy bitcoin on the exchange and bitcoin price is not stable that's why there are different value.

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September 05, 2018, 02:42:13 PM
 #42

There are many supply market and the demand of bitcoin because every market they buyer and seller is different.bitcoin as a different exchange will look for means to gain market popularity.now bitcoin market is down so different prices comes.

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September 05, 2018, 02:46:41 PM
 #43

Why are prices different on different platforms? The BTC/USD on Bitcoin.com is different from Bitfinex, also different at Poloniex. One could buy at lower price from platform A and sell at higher price at platform B, right?

Exactly. That is why people who hold a large number of coins from a given currency can manipulate the market by selling and buying on different exchanges. In general, the price depends on what is being searched for and how much it is sold at the moment.

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September 05, 2018, 04:07:01 PM
 #44

The price is determined according to the law of demand and supply and since there won't be the same demand and supply on multiple exchanges, the price won't remain the same. You can actually earn money by purchasing where bitcoin is cheap and selling where Bitcoin is trading at a comparatively higher price, but there are other factors such as transaction confirmation time and fees required for the whole process as well as the volatility taking place on both the platforms.

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