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How is the price of Bitcoin determined? (FAQ)



Blagovest Belev explains how the price of bitcoins is determined.

Blagovest Belev graduated from the American University in Bulgaria in 2009 and is currently a Managing Partner of Tavex Gold & Exchange.

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6 comments

  1. Don Paladin 14 February, 2018 at 16:02 Reply

    So if the SUPPLY is limited and manipulated, then the price will rise. Who determines the fixed amount of supply of bitcoin? This looks like the same kind of financial Ponzi Scheme that Stocks and Bonds are. As long as there continues to be a DEMAND, then the value continues to increase. If the investors continue to trust the market, then growth. If demand declines severely, then the system comes crashing down like a typical Ponzi Scheme. (This is just my opinion. I am not "financially" oriented. Just too cautious. Good luck to all those involved in the market place.)

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