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Bitcoin. Understaing the Value of shares/currency/market

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Bitcoin. Understaing the Value of shares/currency/market

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
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  • November 26, 2017 at 12:07 pm #418066
    rustamrakhmatov27
    Member
    • Topics: 156
    • Replies: 127
    • ☆☆☆

    Hello dear sir,

    I need some help in understanding the value of smth. In the market we know that there are bulls and bears, and when people buy the price of the share is increasing, when people are selling the price is decreasing.

    OK. But help me understand that using the example of Bitcoin. We say thats a currency, so the Forex rules apply. Right?

    I want to understand, why the bitcoin price is increasing so rapidly? Only because people expecting higher prices in future? Any value backed-up behind this? Any collapse can happen? Whats the difference from Financial Pyramid?

    Will much appreciate to get some expert advice on it with explanations.

    November 26, 2017 at 3:15 pm #418087
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    This is not relevant for the F9 exam 🙂

    (But if you are thinking of dealing in bitcoins, be aware that it is almost certainly a bubble waiting to burst 🙂 )

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Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Bitcoin. Understaing the Value of shares/currency/market’ is closed to new replies.

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