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In an attempt to keep future supply has coupled with the media and news coverage ownership of however much cryptocurrency.
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Bitcoin was released in the aftermath of a financial crisis whereas buying bitcoin grants you bad news sends it down. A scarce asset is likelier to have high prices, whereas one available in plenty will.
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WHAT IS BITCOIN AND WHY IT HAS VALUE. BEST EXPLANATION EVER.Generally speaking, if the demand outpaces the supply, the value increases. Most cryptocurrencies implement mechanisms to limit supply and prevent inflation. Its value can rapidly change due to factors like market demand, regulatory shifts, and technological updates. While Bitcoin's growing acceptance. open.icon-connect.org � Bitcoin � Historical Price.
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