Quote from: BitcoinsGreat on March 03, 2018, 03:37:45 AM

Every thing is worth what someone will pay for it, that is the single solitary fact in crypto. Those numbers move up and down, first by the sales themselves, creating panic or interest, and then by the rumors and information that is floating out there. Lastly, there are the world factors, like popular games(Pokemon) or popular people, and current events that trigger coin creation and value changes.

The price of bitcoin is unregulated, and like gold and cabbage, they are all determined by the supply and demand curve. There is no such thing as "setting an exchange rate."