Gabriel Tetteh

@gab651 (5)

Age 43

Joined myLot 1 year ago

Discussions (4)

Comments (1)

Gabriel Tetteh's Comments

The economics behind the rise and fall of bitcoin price

Gabriel Tetteh @gab651 (5) 24 Mar 24

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 24

•

1 person