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Gabriel Tetteh
@gab651 (5)
Age 42
Joined myLot 8 months ago
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Gabriel Tetteh's Comments
The economics behind the rise and fall of bitcoin price
Gabriel Tetteh
@gab651
(5)
24 Mar
When the demand for bitcoin goes up, the price of bitcoin increases. This means, as more people buy bitcoin, it causes the price of bitcoin to escalate. Moreover, when the mining difficulty of bitcoin scales up, it reduces the...
universal currency
worlds first digital currency
2 responses
•
2 people
Gabriel Tetteh
I agree with you. It is very volatile. Today the price is up, tomorrow it's down. Real world currency doesn't fluctuate that way very often.
24 Mar
•
1 person