What determines the price of Bitcoin? a) The intrinsic value of Bitcoin units. b) The expectations of market participants. c) The amount of newly...
What determines the price of Bitcoin?
a) The intrinsic value of Bitcoin units.
b) The expectations of market participants.
c) The amount of newly created Bitcoin units.
d) The transaction fees paid to miners.
a) The intrinsic value of Bitcoin units.
b) The expectations of market participants.
c) The amount of newly created Bitcoin units.
d) The transaction fees paid to miners.
💡 1 Resposta
Ed 
The price of Bitcoin is primarily determined by the expectations of market participants. While factors such as the intrinsic value of Bitcoin units, the amount of newly created Bitcoin units, and the transaction fees paid to miners can have some influence, it is the overall sentiment and expectations of investors and traders that play a significant role in determining the price of Bitcoin.
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