Sentences with phrase «dollar value of all bitcoins»

Market capitalization is the total $ US dollar value of the Bitcoin market calculated using the formula:

Bitcoin's gains this year have been impressive, with the dollar value of a bitcoin, as quoted by cryptocurrency exchange CoinDesk, up more than 1,000 percent since the end of 2016, outperforming all other major asset classes.

In reading the IRS on bitcoin, they only care about the US dollar value of bitcoin or monero and in this example, the US dollar value is less.

2017 saw the latter of those two factors really take off, and that's why the dollar value of bitcoin skyrocketed.

Not exact matches

The value of the cryptocurrency bitcoin is melting down Thursday, having dropped 20 % against the dollar by midday Eastern Time in only two hours of frantic trading.

He watched the price per coin rise steadily until last summer, when bitcoin began to gain hundreds of dollars in value by the day.

Its token, which the company says will initially be pegged to the value of one U.S. dollar, strives to become a legitimate medium of exchange, a true crypto - currency as opposed to a crypto - commodity, like Bitcoin.

Because it's backed by and tied to the Canadian dollar, Mint Chip has none of the «going rogue» excitement of Bitcoin, which functions more like a commodity and whose value is determined by what people are willing to pay for it.

Still, despite all the hype and the billions of dollars venture capitalists rained all over it, Bitcoin's value crashed and burned, though not completely out.

«Woz» earlier said at a Money 20/20 event in Las Vegas he «admired» bitcoin from the outset and considers it a potentially better store of value than gold or the US dollar.

So my point is if the promise that we buy into is that Bitcoin will become a widely accepted currency in and of itself one day, and that it will account for a huge percent of international transactions, thereby realizing its potential value, we need to also accept that the potential has not yet been realized and right now, in the midst of this euphoria, 90 % of buyers are just trying to get rich quick in dollar terms by trading it.

The technology began to gain mainstream attention in 2011, when the value of one bitcoin reached parity with the dollar.

The value of one bitcoin fluctuates against other currencies in the same way the euro's value fluctuates against the dollar.

The app lists the value of the US Dollar not in Bitcoins but rather in Millibits (Currently around 39 Millibits to a US Dollar).

Since 2009, when Bitcoin became the first decentralized digital currency and numerous altcoins started to emerge, the market cap term has also come into common use to describe the total dollar market value and available supply of the total amount of digital currency in circulation.

Once the transaction is processed you receive an email that lists the price paid in Bitcoin, the value of the gift card in US Dollars, and the actual gift code.

While the stories of bitcoin's dramatic rise in value, from pennies to hundreds of dollars each may seem appealing in the short - run, the majority of its value could disappear in a split second.

Here's a graph covering few months of the relative value of bitcoins against US dollars; as you can see, there have been wild fluctuations in the value over the past two months.

So what is fueling this drive in the value of Litecoin relative to Bitcoin and the US dollar?

What is interesting to see with this bitcoin hype is how uneducated writers still are when it comes to the question of what money actually is — especially the assumption that money, e.g. US Dollars, are tied to any real world values like gold is one of these modern fairytales that is repeated often — I can not understand that even after the big corporate crimes (aka as «financial crisis») that US Citizens cost millions of dollars there is still such a lack of understanding of what money actuaDollars, are tied to any real world values like gold is one of these modern fairytales that is repeated often — I can not understand that even after the big corporate crimes (aka as «financial crisis») that US Citizens cost millions of dollars there is still such a lack of understanding of what money actuadollars there is still such a lack of understanding of what money actually is.

In August, one of the most popular Bitcoin «banks» claimed it had been hacked, and had lost hundreds of thousands of dollars worth of Bitcoins, triggering a fall in value to under $ 7.

The value of bitcoin in relation to the dollar has also been highly volatile in the past.

On 9 February 2011, the value of a Bitcoin became equal with US$ 1 dollar.

«Whereas I said Bitcoin «isn't real» because it has no intrinsic or underlying value, that's certainly true of the dollar and other fiat currencies: there's nothing behind them either.

That trend won't continue, and it will still be some while before Bitcoin has the kind of low volatility that makes it a reasonable store of value or unit of account for people whose alternatives are the dollar, the Euro, and other major currencies.

The real value of bitcoin is being discovered naturally as it should be but, trading a portion in now for clearly undervalued metal on an overvalued dollar is a wise choice.

If Bitcoin ever replaces financial pot of executive banks or becomes the widespread banking for ubiquitous trades — just to name two examples — the value of one Bitcoin will be distant over 10,000 Dollar.

We can see here that as 2017 progressed, the value of bitcoin compared with the dollar grew from just under $ 1,000 / BTC on January 1, 2017, to over $ 10,800 / BTC in the last week of November 2017.

It should be noted that in 2013, bitcoin was up roughly 5,300 % as the dollar value of the cryptocurrency rose from $ 13.59 to $ 731, after peaking at more than $ 1,150 in December 2013.

The crypto / blockchain space is moving so fast who knows where we'll be in a year, and I've no idea where Bitcoin will end up (in terms of its value vs. the dollar), but I definitely like Kryptonite 1's investment strategy, particularly the specific & pretty unique exposure it offers to the sector.

The goal is for the value of Bitcoin Cash to rise, in which case, you could exchange your coins back to dollars (from someone willing to do the exchange).

If bitcoins rise in value to $ 500 each, and then to $ 5,000, and then to $ 50,000, which would have to happen if the fixed number of bitcoins was being used to replace trillions of dollars in value, then the value of the house would plunge, in bitcoin terms — to just 10.

The value of Bitcoin fluctuates wildly and has been estimated to be eighteen times greater than the U.S. dollar.

How they establish a value equivalent to the dollars used for accounting and tax purposes, given the fluctuations in value of Bitcoin, is a separate issue.

Thus, despite ranking a distant second to ethereum in terms of volume, the value of bitcoin transactions is greater, both in dollar value and in terms of function served.

Since mid-2015, the U.S. dollar and other international currencies including Bitcoin have been perceived as ideal alternatives to the bolivar for both businesses and individuals because of the high international value of these two currencies.

While bitcoin's volatility means its value can rise or drop by thousands of dollars in just a matter of hours, its potential high value could make it something of a savings account or investment opportunity for professional cybercriminals who don't want to spend all their illicit earnings immediately, and prefer to play a long game instead.

If some small fraction of the people holding gold (say, 5 %) sold their gold for US Dollars (releasing $ 400 bn), and the USD proceeds were used to buy bitcoins, the total value of bitcoins (commonly referred to as «market capitalisation») would increase by that amount of dollars ($ 400bn), and because we know the total number of bitcoins in circulation, we can derive a price per bDollars (releasing $ 400 bn), and the USD proceeds were used to buy bitcoins, the total value of bitcoins (commonly referred to as «market capitalisation») would increase by that amount of dollars ($ 400bn), and because we know the total number of bitcoins in circulation, we can derive a price per bdollars ($ 400bn), and because we know the total number of bitcoins in circulation, we can derive a price per bitcoin.

According to the website CoinMarketCap, at 20.03 GMT the value of bitcoin was reduced by 1.62 percent, falling to 14,950 dollars.

The news of the impending exchange ban, which came soon after China banned initial coin offerings (ICOs), had an immediate effect on bitcoin's price — within Friday, it knocked almost 8 % off its value relative to the U.S. dollar, making one bitcoin worth around $ 4,270.

As there are not many arguments why Bitcoin is a better store of value or unit of account than fiat currencies like euros or dollars, it is obvious that as a method of payment Bitcoin is superior to fiat currencies, due to lower costs, nearly perfect divisibility and social inclusion to name but a few.

Some of such regulators even feel that Bitcoin houses the tremendous potential of dethroning gold and reserve currencies such as Japanese yen and US dollar eventually to become the penultimate store of value.

Obviously, Bitcoin is different from stocks and the market cap, usually given in US dollars, does not take into account the value of more than four million coins still not mined.

No dollar value for that amount of bitcoin was provided in the lawsuit but according to cryptocurrency exchange CoinDesk, that amount translated to US$ 3.78 million based on an exchange rate of US$ 1,226.94 for a bitcoin on April 19.

But the surge in the value of Bitcoin and other cryptocurrencies, most notably Ethereum, have drawn millions of dollars of investment and an influx of top - level talent, all in the belief that the next generation of multibillion - dollar companies will be born on the blockchain.

But instead of taking ownership of bitcoin, you're opening a position that will increase in value as bitcoin's price increases against the dollar.

It requires a balance of USD 10,000 to begin trading, and in addition to allowing straightforward market - value exchanges of, say, US dollars for bitcoins, it also enables a wide variety of special trades.

The Shift card connects to your Coinbase account, and for each debit card buy, it automatically withdrawals the necessary amount of bitcoins based on the dollar value of the transaction.

While the value of Tether tokens is pegged to the US dollar, some exchanges do not offer direct USD / USDT pairings, and you will need to use bitcoin or another cryptocurrency to trade for Tether.

In 2017, bitcoin price per dollars in January was just $ 1000, in December of the same year, the value rose by more than 1,500 % to $ 20,000