The price of bitcoin on the exchange

1. Because bitcoin is a decentralized currency, unlike traditional currencies, which have central regulators, its price is completely determined by the market. Bitcoin is an investment proct in many countries. It's more similar to stocks. It's normal to go up and down. On the currency, its price fluctuates constantly. Now it's only worth $6500.

2. Because bitcoin is a decentralized asset, trading between hundreds of exchanges and countless indivials around the world, there is actually no unified price. Each exchange has its own bitcoin price, although these prices are usually very similar. Later in this guide, we'll discuss why all of these different prices are roughly synchronized.

3. It is true that there is such a situation. The way to make money with such a situation is called moving bricks
explain the situation with a simple example:
for example, the retail price of a watermelon in its procing area is 50 cents a catty. Here is not the wholesale price, but the price that people in the procing area buy when they want to eat a watermelon. So the watermelon in the city's high-end District supermarket selling price may be 1 yuan a Jin, why such a 5 Mao gap? In short, because of different locations, because the scarcity of watermelon is different
these virtual currencies may have different buying and selling prices on various platforms at any time, resulting in price differences in different regions.

4. According to their own needs to choose whether to replace, as for the motherboard do not need to change.

5. In other words, no one knows what price it should be, and the price is completely based on the transaction

6. Because bitcoin is an electronic currency, even in the same exchange, the price is different every day, and it will change greatly with the fluctuation of the market.

7. Generally speaking, this problem is caused by the disunity of trading platforms. Affected by the speed of recharge and cash withdrawal, some platforms have slow cash withdrawal speed, and players only have more in and less out on this platform, so the transaction price on this platform will be higher than other platforms. And some platforms recharge slowly, supply and demand imbalance, buy less and sell more, so the price is naturally lower. At present, there is only one relatively balanced trading platform between the two, that is, bitbao. Because this platform is enterprise type, with high security series, immediate recharge and cash withdrawal within 24 hours, its price is relatively stable.

8. In the transaction of bitcoin or other commodities, the price is determined by the buyer and the seller. Therefore, there are different prices for the same commodity in different places.