/biz/ - Business & Finance

>>	Anonymous Tue Jan 14 20:00:29 2020 No.16855572 [View] File: 249 KB, 1122x2048, 1566369942860.jpg [View same] [iqdb] [saucenao] [google] >>16855555

Anonymous Sat Dec 28 06:32:19 2019 No.16680632 [View]
File: 249 KB, 1122x2048, 1566369942860.jpg [View same] [iqdb] [saucenao] [google]

>>16680588
>What does the price of a cryptocurrency token reflect?
it reflects what the market thinks is an appropriate price for that asset at the current time
>Does it reflect how good the company behind the token is doing
yes and no, the asset is never correctly valued. its always over- or undervalued.
>and do these companies control the amount of tokens in circulation
depends on the shitcoin

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