Who decides the price of virtual currency

1. The value of a digital currency can be measured by the following methods:
1. The market depth of a digital currency, such as bitcoin and Leyte, is very deep
2. The application scenarios of a digital currency, for example, the digital currency on the coin Ying China platform will correspond to the corresponding physical assets, which are regarded as the digital currency of assets
3. The social recognition of a digital currency, bitcoin, has been widely recognized in the world.

2. Theoretically, the price of virtual currency is determined by the market. When people have a better psychological expectation of a virtual currency, the supply will increase and the price of the currency will rise; When people do not hope for a virtual currency, the demand for the currency will decrease, and the price will also fall
however, in China, the price of virtual currency is also affected by policies to a certain extent. Recently, the central bank has tightened its attitude towards digital currency, and the price of bitcoin and other digital currencies has fallen sharply. The digital currency of PBoC is less affected, probably because PBoC has the support of real assets.

3. Bitcoin has existed as a digital currency for ten years. With the continuous improvement of people's consensus and the constant quantity, the value of bitcoin has a huge room for increase, which is far beyond the scope of simple digital currency. Therefore, it seems reasonable to define bitcoin as digital gold in the future, This is also agreed by people who have a consensus on bitcoin

bitcoin is a digital currency, which does not rely on real money or financial procts. Therefore, it is difficult to predict the price trend of bitcoin by summing up the rules from the development and changes of real money

unlike other mature financial procts, bitcoin instry is still in its infancy, and there will be many changes; Secondly, bitcoin is decentralized. Its total supply-demand relationship is related to the global market. It can be held or transferred in the world without approval. Therefore, fluctuations from anywhere in the world will affect the current total supply-demand relationship

the rapid development of bitcoin in the past ten years shows a truth: a good project will certainly attract market attention, because it is a trend. No matter you are pushing, don't go against the trend. If you ignore today, you won't be able to rise tomorrow

4. Bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source In China, it is defined as a special Internet commodity by the central bank
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.

5. Bitcoin is a digital currency, which does not rely on real money or financial procts. Therefore, it is difficult to predict the price trend of bitcoin from the development and change of physical objects
unlike other mature financial procts, bitcoin instry is still in its infancy, and there will be many changes in it; Secondly, bitcoin is decentralized. Its total supply-demand relationship is related to the global market. It can be held or transferred in the world without approval. Therefore, fluctuations from anywhere in the world will affect the current total supply-demand relationship.

6. There are four: Guangzhou University City Health Instry Science and technology park. Guangzhou Biotechnology Park, 68 Lifu Road, Haizhu District. Guangzhou International Biological Island was formerly known as "Guanzhou island". Sun Yat sen University Health Instrial Park is the Sun Yat sen University Park of Huanghuagang science and Technology Park in Yuexiu Guangzhou high tech Zone. There is also Liwan Guangzhou International Medical port, a piece of open space.

7. Policy has a great influence on the price of virtual currency

They can cause short-term price fluctuations

leeks, there are thousands of leeks on the "currency exchange"< br />

8. Certainly not. The price of virtual currency is determined by the market, but in the final analysis, it is determined by supply and demand. When the demand for a virtual currency rises, the price of the virtual currency will rise; When the demand for a virtual currency decreases, the price of the virtual currency will fall and adjust.