How Do Cryptocurrencies Work & Gain Value? | Cryptocurrency Explained For Beginners | CP B&W
Have you ever wondered how cryptocurrencies work and how they gain their value or price?
This video demonstrates a simple thought experiment to show you how the crypto you own, such as Bitcoin (BTC), Ether (ETH) or Ripple (XRP) gets its price. if you’re a beginner to crypto and cryptocurrencies, this video is for you!
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Hi. I’m Peter Bryant – the Crypto Professor. No, unfortunately, I am not yet a ‘real’ professor (but my Master’s in Psychology is excellent for trading!). I do have ‘real world’ experience in helping investors with their crypto.
My experiences at an alternative investment firm convinced me that anyone can be profitable with crypto. This channel exists to teach you to profit & avoid the many pitfalls. Whether you’re a speculator, blockchain enthusiast or developer, I hope to provide frequent inspiration, critical analysis, & a healthy dose of critical thinking to the newest, hottest & most profitable asset class ever.
If you prefer the more popular coins such as Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP), great! However, there are a lot of tokens that I am very excited about, such as Syscoin (SYS), Dragonchain (DRGN) or Crypto.com chain (CRO). Watch my weekly in-depth analysis into different crypto called ‘InCrypto InDepth’ for updates on the next likely crypto profit opportunity!
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My question would be about the initial purchase. John agrees to pay $20 per coin, so Jenny sells 500 to him. So now doesn't Jenny have $10,000 in liquidity + 500 coins while John has -$10,000 + 500 coins? Other investors see this so they think because John was willing to pay $20 per coin that it has an intrinsic value of $20 each, but now they think it could be worth more in the future and are willing to pay $30/each. That's what I'm confused about.
I still don’t understand what it is about Jenny’s project it is that makes John want to pay any amount for it
very bad video, u didn't explain why the coin is useful. Why do these guys want to buy the coins in the first place? terrible video.
So u can create your own cryptocurrency and wait for someone to invest in it? You can either sell it quick ones someone buys it or wait for more players to join.. to see if it grows more.
But then if 1 creator and 2 players and 1 sold 1cryptocur.. the cryptocurrency will go back to where it came from, and the other player wins and the other loses?
I'm confused. Is this a trusting game? I thought computers will calculate to determine winners.
Still totally confused the very last person that buys it what does it do how does it earn money how does it make itself valuable it’s literally nothing
this explanation is so confusing to me
Have you heard the word? The Wonk Coin has just launched Charlie and the Chocolate factory are working with new high tech computers producing a currency that gives millions the chance to become millionaires lets gooo !
Hello Mrs Annabelle the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy
this still l doesn't make any mathematical sense. your basically explaining how a ponzi scheme works
✍☝️☝️ START INVESTING WITH THAT LITTLE AMOUNT YOU WASTE AROUND, BELIEVE ME WITH THIS LITTLE AMOUNT YOU INVESTED YOU CAN LATER BUY HOUSE OR CAR TRUST ME.
Only thing I would complain is sound quality
guys check financial piggy
Go with Financial Piggy then!
guys fipi token is financial piggy?
FiPi!
Thank you for always being constant with the videos regardless of market Bull / Bear. Analyst & Holders remains indecisive on the current price movement on BTC but the market being unpredictable, trading is always a 'Go For Thing' for me. With MR ALEX VALENTINE help I've accumulated over 4btc using his methods and strategies. Forget predictions and start making good profit now because future valuation are all speculation and guesses.stayhome
Hello, I'm new to bitcoin trade and I've Bean making huge losses recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong?
Only the video creator can hear it….
This is really a great video, but as for me i make huge profits on my investment since i started trading with Mrs. Johnson Brina, her trading strategies are top notch……
Ur not drawing bro
Black and white? What about grey
Nice video! the best decision I ever made in my life was investing in financial market with a professional broker Mrs Gerard Kimberly Trust me guys.
😥😥I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I will forever be in-depted to you Ms Christiana_Brat 😇 you've changed my life, I'll continue to preach about your name for the world to hear,* *you've saved me from a huge financial debt with just little investment, Thanks Ms Christiana_Brat🇺🇸🇺🇸
Anyone who came here cos of Russia and Ukraine crisis
VERY INFORMATIVE VIDEO!
1) craig is satoshi
2) bitcoin is a ponzi scheme as it is being used today
3)its value is $0 in open market.
4)its value is high only among bitcoin owners because bitcoin owners make people buy bit coin for more and more money giving them false hope of even more selling value. Its value will remain horseshit in open market as it is not invested to produce any material stuffs
5)bitcoin will gain its value because its demand will increase. Its demand will increase because its number is limited. This reasoning is moronic.
Its demand will only increase until it can find brainless whimsical victims.
Sustainable demand is created by its utility not by its scarcity.
This makes no sense. Ver bad understanding and explanation of money
Whatever type of investment you decide to get into, I think the key message here, or for me rather is to start investing no matter how small. Don't rush into anything you're not absolutely sure of. Then of course you can always build from there.
Buy some Qredo
TAlKING ABOUT STOCKS,FOREX AND CRYPTOCURRENCY TRADING IS THE MOST PROFITABLE VENTURE I EVER INVESTED IN, I REACH MY GOAL OF $120k MONTHLY TRADE EARNINGS. WONDERING IF VIEWERS HERE ARE FAMILIAR WITH EXPERT MRS MIRELA SULA TRADING STRATEGY.
Jenny has 1k coins sells 500 the value goes to $20k she holds half (500) someone wants to buy 600?????? There was only 1k to begin with. What's up with that?
Crypto currency investments is not magic, you're not going to be a million richer overnight, but it's a good background to raise your finances at a steady growth.
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose is a result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
This is total bullcrap, there is zero value !
It makes 0 sense in reality. I spend money into a currency, that no one accepts in exchange for service. The only value it has is on the exchange. It makes me wonder why people buy it.