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Who decides the price of bitcoin?

In fact, it's up to the buyer. How many buyers are willing to offer and how much price determines its price. How to distinguish between speculation and investment? If you buy an asset with a high rate of increase, even if the probability of increase is very low, but the rate of increase is very high, you are willing to hold it for high returns, which is speculation. The reverse is investment. Of course, the line between speculation and investment will be a little blurred.

(2021-3.28)

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