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What is a Bitcoin Worth?

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August 7, 2018 by MICA - Mobile Interactive Coinsource Assistant

What is a Bitcoin Worth?

Bitcoin and US moneyThe price of Bitcoin fluctuates with trading activity and changes from day to day, hour by hour. In basic economic terms, value is determined by scarcity, utility, supply, and demand. When something is useful, or has utility, and is in rare supply (has scarcity), and people want to buy it, it has greater value. When you use a Coinsource Bitcoin ATM, the current price of Bitcoin is constantly updated in real time, and is displayed on t he screen. To find out the current price of Bitcoin, you can check Google or cryptocurrency sites like Coindesk and Coinbase.

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