Cryptocurrency Q&A
Who controls Bitcoin prices?
Who controls Bitcoin prices?
Federico
Thu Nov 28 2024
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7 answers
1548
I'm wondering who has the power to influence or control the prices of Bitcoin. Is it a single entity, multiple organizations, or does it depend on various market factors?
7 answers
Elena
Sat Nov 30 2024
Bitcoin's value differs significantly from traditional fiat currencies.
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Leonardo
Sat Nov 30 2024
Unlike the Euro or the US-Dollar, which are controlled by central banks, Bitcoin does not have a single entity defining its worth.
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GyeongjuGloryDays
Sat Nov 30 2024
The price of Bitcoin is instead influenced by a combination of factors.
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BlockchainBaronGuard
Fri Nov 29 2024
One of the primary factors affecting Bitcoin's price is supply and demand.
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EmilyJohnson
Fri Nov 29 2024
When more people want to buy Bitcoin, its price tends to increase.
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