Post
Topic
Board Bitcoin Discussion
Re: value determination of cryptocurrencies
by
bohr
on 05/06/2018, 21:36:54 UTC
How is the value of a cryptocurrency determined and where can we see it? suggest some interesting ICO investments that you came across...
There is no central authority that determines the price of something, the value of something in a free market it is always an agreement between the buyer which is willing to pay a certain price for an asset and the seller which is willing to sell his asset for a price, so the price you see in the market is nothing but the current agreement between buyers and sellers but this can change at any time for any reason.