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Author Topic: Value of a coin  (Read 959 times)
111magic (OP)
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August 18, 2014, 07:36:26 PM
 #1

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?

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
SecondsOld
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August 18, 2014, 07:37:11 PM
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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.
CanaryInTheMine
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August 18, 2014, 07:37:45 PM
 #3

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?
like anything else:  supply/demand
KeyserSozeMC
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August 18, 2014, 07:38:54 PM
 #4

a) Dreaming (Expectations)
b) Manipulations ( FUD, pumps, hyping )
c) Demand - Supply
d) Community.

Hey, smexy. Don't waste your time. Time's precious.
djm34
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August 18, 2014, 07:40:31 PM
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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?
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...) Grin Grin

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111magic (OP)
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August 18, 2014, 07:56:08 PM
 #6

Gentlemen, thanks for the explanation

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