I'm a bit new to Bitcoin. I've been following its growth over the past few years and am really interested in trying it out. But I have some questions which I can ask here right?
Something I've never understood is how is Bitcoin price calculated?
*actually, a question like this has already existed and was answered in the beginner thread...Bitcoin is similar to other investment products whose price is influenced by market demand and Bitcoin holders. if the price moves up or down, a sale/buy transaction has occurred in the market. In essence, the price is formed because there is market demand.