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Thread: Why Crypto-currencies market open everyday?

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    Member Bardon is a splendid one to behold Bardon is a splendid one to behold Bardon is a splendid one to behold Bardon is a splendid one to behold Bardon is a splendid one to behold Bardon is a splendid one to behold Bardon's Avatar
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    Why Crypto-currencies market open everyday?

    Fore market week men 2 days kay liy closed rehti hai mager craypto-currencies ki market close nhi hoti hai ye pury week hi open rehti hain is ki kia waja ho skati hai k ye market close nhi hoti hai???

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    Junior Member btcchips is an unknown quantity at this point btcchips's Avatar
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    One of the biggest reason is mining & in case if a exchange is closed then there would no one ready to mine as if there would be change in prices. E.g bitcoin mining fees is charged based on price and if exchange is closed then there won't be estimate on how much mining cost can be charged and also lot of mining companies would go bankrupt if there is strong deviation in price if crypto market open on Monday with massive gaps

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    q k ye forex currencey nhi hai jis ki waja se market open hoti hai jo bhi forex ki currencies hein ya metals hei jis ka forex market se relation hai wo sab hafty and itwaar ko close hi rehty hei bas yeihi digital currencies hein jo open hoti hein

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    Senior Member zohaib1 is a jewel in the rough zohaib1 is a jewel in the rough zohaib1 is a jewel in the rough zohaib1's Avatar
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    A cryptocurrency's market capitalization is the total worth of all coins currently in circulation. A high market capitalization can indicate a high value per coin or simply a lot of available coins. Perhaps more important than market capitalization is daily trading volume: the value of the coins that exchange hands every day.

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    Member trinugroho is a glorious beacon of light trinugroho is a glorious beacon of light trinugroho is a glorious beacon of light trinugroho is a glorious beacon of light trinugroho is a glorious beacon of light trinugroho's Avatar
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    I think it is open every day because there is no official organization that controls it then there is no holidays also this currency is to offer individuals security and freedom to transfer any amount at anytime without the restrictions of banks and financial organizations and as bitcoin don't have an official organization to control it I think only news related to the bitcoin effects it.

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    The market is open 24 hours a day from 5 p.m. EST on Sunday until 4 p.m. EST on Friday. The international scope of currency trading means that there are always traders across the globe who are making and meeting demands for a particular currency

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    Junior Member Daintree0002 will become famous soon enough Daintree0002 will become famous soon enough Daintree0002's Avatar
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    The market is open 24 hours a day from 5 p.m. EST on Sunday until 4 p.m. EST on Friday. The international scope of currency trading means that there are always traders across the globe who are making and meeting demands for a particular currency

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    One of the biggest reason is mining & in case if a exchange is closed then there would no one ready to mine as if there would be change in prices. E.g bitcoin mining fees is charged based on price and if exchange is closed then there won't be estimate on how much mining cost can be charged and also lot of mining companies would go bankrupt.

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    I think it is open every day because there is no official organization that controls it then there is no holidays also this currency is to offer individuals security and freedom to transfer any amount at anytime without the restrictions of banks

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    A cryptocurrency's market capitalization is the total worth of all coins currently in circulation. A high market capitalization can indicate a high value per coin or simply a lot of available coins.

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