Hey guys, today the video is about how the Bitcoin price is calculated. It took me a while to understand this when I first got into Bitcoin – I was confused by the price difference on Google and across exchanges.
So, after doing a bit of research and exploring the topic, I found that it all came down to SUPPLY and DEMAND in each market. I realized that BTC is like any other commodity – Gold, Oil, Sugar etc. and has its price determined by the open market.
Let me know what you guys thought of the video in the comments down below, if you enjoyed it please be sure to leave a like!
– LINKS –
• Coin Market Cap (view the entire crypto market)
www.coinmarketcap.com
• Cryptowatch (useful crypto charts)
www.cryptowat.ch
• Binance (crypto exchange, altcoins)
• Get R10 in free Bitcoin by signing up at Luno with this link:
• Telegram
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