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What is bitcoin mining and how does it work | Buy ... from i.pinimg.com The cryptocurrency bitcoin has value because it holds up very well when it comes to these six characteristics, although its biggest issue is its status as a unit … The value of the cryptocurrency largely depends on the way the project will develop. So how does cryptocurrency get its value? How does cryptocurrency gain value? Therefore, how is the value of the cryptocurrency determined and how can we predict the future variations? The value of a cryptocurrency is purely dependent on demand and supply. In fact, the value of a cryptocurrency is determined more like the price of gold. Among its boosters is tesla ceo elon musk, who called dogecoin his favorite cryptocurrency.
The value of bitcoin can be said to be derived from …
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The answer to this question lies in basic economics:
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The more people that view bitcoin as a legitimate asset …
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