How Bitcoin works
Bitcoin price chart live
The Bitcoin is used primarily for two purposes:purchases and exchange rate trading. Blockchain provides the total number of transactions and their volume excluding the exchange rate trading (exchange transactions). In addition, the ratio between volume of trade (primarily purchases) and exchange transactions is provided. Understandably, the over-the-counter (OTC) transactions are not covered. WHAT IS BITCOIN? View more search results
Live Bitcoin (BTC) Price, Historical Chart & Bitcoin Market Cap
Btc rate
On top of this fundamental demand, we can add a speculative demand. Suppose you know or you think you know that Bitcoin will go up some more before its inevitable crash. In order to speculate on Bitcoin, you have to buy some bitcoins. So as we also see in high-priced stocks, houses, and tulips, high prices come with volatile prices and large trading volumes. Someone speculating on Bitcoin over a week cares little about its fundamental value: even if you told her that Bitcoin would crash to zero for sure in three years, it would make essentially no dent in her trading profits, since you can make a lot of money in a volatile market over the course of a week if you get on the right side of the volatility. About Please complete the security check to access the website