Now bitcoin ran into 9000. What do analysts say? Will it break the level?
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New cryptocurrencies, like any financial asset, are growing due to demand. If the creators guess the needs and successfully satisfy them, people start buying the coin. At the beginning of the life of each new cryptocurrency, the price strongly depends on the listing on recognized crypto-exchanges. The more exchanges include a coin into circulation by their customers, the higher the price. Also demand from potential consumers. Lightcoin, for example, grew while other coins fell. This winter, lightcoin was allowed to use to paying for goods by various large retailers, so the coin became more expensive. Here is the answer.
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