Noob question
Who determines the price of #btc?
Like how is the actual price determined?
Demand and Supply?
#asknostr
Noob question
Who determines the price of #btc?
Like how is the actual price determined?
Demand and Supply?
#asknostr
There are multiple factors that determine the price but you hit the nail of the head. Free market supply and demand!
So I suppose people make buy and sell orders on exchanges and that determines the price level as with stocks and securities
yup
Noob question 2
Who runs the exchanges where the price of #btc is decided?
Guys like Binance?
#asknostr