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Author Topic: How to calculate Cryptocurrency price value?  (Read 897 times)
CryptoCurrencyInc.com (OP)
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May 23, 2014, 05:35:07 AM
 #1

This thread is an open discussion for how to calculate a price value for each cryptocurrency.

For example:
How does some one goes about to calculate a price value for Darkcoin or Dogecoin?
Do they take the total amount of coin multiply by a certain number?
or is it just pure supply and demand?

Share your thoughts below . . .


                                                                               
                 
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May 23, 2014, 05:42:30 AM
 #2

or is it just pure supply and demand?
It's pure supply and demand, but the logarithmic growth pattern is already extremely predictable based on data from the past 3 years.




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May 23, 2014, 09:24:49 AM
 #3

The price is calculated on by what people are paying for them. Sites like preev take the average for several sites, so yeah, supply and demand essentially.

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May 23, 2014, 09:28:40 AM
 #4

or is it just pure supply and demand?

Aside from cases where the are price floors and ceilings instated by governments, most market prices are controlled under supply and demand. Bitcoin in particular is highly affected by demand (supply is relatively constant over the short term) and much of that demand comes from speculation that prices will be higher in the future.
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