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RE: LeoThread 2024-11-23 13:58

in LeoFinance3 months ago

Part 4/8:

When we graph both the supply and demand curves for BSV together, we find their intersection point—known as the equilibrium price—where the current market price hovers around $50. This equilibrium depicts the balance between how much BSV people are willing to buy and how much is available.

As more people engage in trading Bitcoin, the demand curve shifts rightward, leading to rising prices due to increased interest. For BSV to see sustained price increases, it necessitates a steady growth in demand, ideally through practical applications.

Volatility and Real-World Applications