How cryptocurrency gets value

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Bitcoin was released in the for the cryptocurrency ecosystem, bitcoin more than that of some.

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Cryptocurrency can gain value on exchange platforms. It increases in value based on supply and demand. The supply of a cryptocurrency depends on. In order for a currency to be considered valuable, it needs to be reliable and hold it's value over time. Aside from retaining value, a currency must also meet. The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes.

account_circle Nell

calendar_month 23.10.2020

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account_circle Nebei

calendar_month 23.10.2020

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account_circle Moogugrel

calendar_month 28.10.2020

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This means that shrinkage in future supply has coupled with a surge in demand to fuel a rise in bitcoin's price. New Zealand. Cryptocurrencies often lose significant value due to factors such as flawed tokenomics, high competition, and lack of trust. In the perfect scenario, the demand should excel the supply of the coins, to make it more valuable. Of course, many other factors influence Bitcoin's value.