[Crypto Q&A] How is the Price of Cryptocurrencies Determined?

Discussion • 2020/12/02 • by
jenny50

How is the Price of Cryptocurrencies Determined?

Comments (11)
Guest
royguvs1st
6 years ago
it's depend economic system: more people buy, the price will up also if more people sell, the price will down! you can use Technical Analysis to predict the price also you can search news about your coin that you invest in hope you helped
lorettachinasa
6 years ago
The price of Bitcoin, Ethereum and other virtual currencies are determined by their demand and supply. Ethereum, for instance, in 2017 controlled about 30 percent of the total market cap due to its high demand by investors of ICOs at that time. Asides from high demand influencing cryptocurrencies’ price, these are assets that have a limited supply which is aimed at improving their value.
abyasssir
6 years ago
price will consider bid and ask
basirhoki2
6 years ago
buy and sell very impact the price
basirhoki2
6 years ago
buy/sell
wahidaja
6 years ago
if all are mined it will impact the price
anggasaputra
6 years ago
buy and sell by market
vicky5545
6 years ago
supply token is important to predict the price of cryptocurrency! if supply burned the price of the token will up
akbar111
6 years ago
it's depend how many trader trade at the time, also supply will determine the price! more less supply, more high the price
ajii12
6 years ago
The price of cryptocurrency markets like everyother financial market, prices are set by the forces of demand and supply

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