desccopersrheal1988
@desccopersrheal1988
Considering there are fewer active Bitcoin users than Israel citizens, the average Israeli citizen is quite well off, and most Bitcoin users probably only do a tiny portion if any of their economic activity in Bitcoin, there’s nowhere near as much economic activity in Bitcoin as Israel’s GDP. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. With eToro's innovative CopyTrader™, you can automatically copy the moves of other investors. Find investors you believe in and replicate their actions in real-time (currently for crypto only). Price is what an investor pays, but value is what an investor gets. It’s easy to look up the current price of Bitcoin, but it’s harder to determine what a realistic value is. Bitcoin’s dependence upon scarcity for its value makes it a potentially deflationary asset, which cryptocurrency devotees greatly appreciate; this currency was created as a “safe-haven” asset in the midst of a global economic crisis. However, it can also be an inflationary asset, because of new coins continuously increasing the supply. The relationship between supply and value also means the events such as periodic Bicoin halving (a deflationary event) have the potential to significantly impact the value of the cryptocurrency, as they reduce the amount of available Bitcoins in the supply.
splashblockchain.com/
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