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What is the whisper price of Bitcoin?

avatarRuhiyye26Dec 16, 2021 · 3 years ago3 answers

Can you explain what the whisper price of Bitcoin refers to and how it is calculated?

What is the whisper price of Bitcoin?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The whisper price of Bitcoin is a term used to describe the unofficial or speculative price at which Bitcoin is currently being traded. It is not a publicly available or official price, but rather a rumored or estimated price that is often discussed among traders and investors. The whisper price can be influenced by various factors such as market sentiment, news events, and the overall demand and supply of Bitcoin. It is important to note that the whisper price may differ from the actual market price, as it is based on speculation and not on real-time trading data.
  • avatarDec 16, 2021 · 3 years ago
    The whisper price of Bitcoin is like a secret price that is whispered among traders and investors. It is not an official price, but rather an estimated price based on rumors and speculation. Traders use the whisper price to gauge market sentiment and make trading decisions. However, it is important to remember that the whisper price may not always be accurate or reliable, as it is based on subjective information and not on actual market data.
  • avatarDec 16, 2021 · 3 years ago
    The whisper price of Bitcoin is a term often used in the cryptocurrency community to refer to the price at which Bitcoin is currently being traded on the BYDFi exchange. It is called the whisper price because it is not publicly available on the exchange's order book or trading charts. Instead, traders and investors rely on word-of-mouth information or whispers from other market participants to determine the current price. The whisper price can be influenced by various factors such as market demand, liquidity, and trading volume. It is important to note that the whisper price may differ from the official market price on other exchanges, as it is based on BYDFi's internal trading activity.