Definition: Cryptocurrency is digital currency that use cryptographic technology to avoid double spending or counterfeiting Key Features: Decentralization. There is no central bank or authority that issues or controls cryptos(short for “cryptocurrency”), therefore cryptos are free from central manipulation or interference of gov Security.People who owns cryptos have private key for the crypto wallet, whichContinue reading “What is cryptocurrency?”
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How Supply and Demand Affect Price of Cryptos?
Supply and demand is a basic theory in economy, and can be used to explain many things in crypto tradings. The basic logic is, with higher price there is higher quantity of supply , while with higherprice there is lower quantity of demand. Therefore the price will eventually reach to a equilibrium, which is theContinue reading “How Supply and Demand Affect Price of Cryptos?”
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