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Satoshi Nakamoto released the Bitcoin the number of blocks preceding.
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How Bitcoin Price is Determined at MarginHere's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks. Like fiat exchange rates and the price of other assets, BTC's market price is determined by the laws of supply and demand. Several factors determine what gives a bitcoin its value, including supply and demand, forks, competition, and regulations.