Sentences with phrase «fair value of a bitcoin»

This brings us to a key question: what is the fair value of a bitcoin?

Not exact matches

So perhaps the fair market value of Bitcoin could be something like $ 2,000 per Bitcoin in analogy with the gold mining.

Your tax deduction will be equal to the fair market value of the donated bitcoin as determined by a qualified appraisal.

[13] However, if the donor held the Bitcoin or other currency for more than a year as a capital asset, the deduction would be the fair market value of the gift up to 30 % of adjusted gross income.

Bitcoin BTC = BTSP is in a bubble and its fair value should be around $ 100, or about 99 percent below the current level, Katsunori Sago, chief investment officer of Japan Post Bank (7182.

«When Coinbase's customers» trades were finally executed, it was only after the insiders had driven up the price of BCH, and thus the remaining bitcoin customers only received their BCH at artificially inflated prices that had been manipulated well beyond the fair market value of BCH at that time.»

A fair warning, though: With the value of Bitcoin soaring, initial coin offerings are breeding like rabbits, yet the real - world value of these altcoins remains suspect, as does the motives of some of the individuals announcing these ICOs.

Martin Tillier of the Nasdaq's trading blog believes bitcoin's fair value lies somewhere in the $ 140 region, at a slight premium to the level it was trading at, around $ 120, before the bull - run in the autumn of 2013.

A look at how the Google search trends chart correlates with a chart of bitcoin's value over the last year implies that the fair - weather investors who helped propel it into the stratosphere may have moved on.

I think it is fair to point out that Bitcoin's trading volume was 972,867 in the last 24 hrs, which would mean Silk Road contributed around 10 days of total trading value \ volume to the Bitcoin economy which has been going for 6 years.

On December 5th, Bank of America's foreign exchange strategist David Woo declared a projected market capitalization for Bitcoin of $ 15 billion and a projected fair value of $ 1,300.

Overall after rallying for over 45 solid days and almost touching $ 20K, it seems bitcoin core and a score of other digital assets are trying to find their fair market value.

In a televised interview with Bloomberg today, Gatecoin's marketing chief and head of business development for Asia Pacific Thomas Glucksmann was led onto the subject of bitcoin's «fair value», at a time when prices are nearing $ 10,000 — a remarkable 10x gain since the turn of the year.

To be fair, the value of the world's mined gold dwarfs bitcoin at approximately USD 7.5 trillion, but gold and bitcoin may be more acceptable opponents than bitcoin and the dollar.

It's undoubtedly true that bitcoin doesn't have any fair value to support its price on exchanges; the cost of mining each coin stands below $ 1000 in some countries — which depends mainly on electricity prices.

For example, if the value of Bitcoin jumps up a fair amount, you'll see more loot drops with higher chances of rare loot, along with more difficult enemies.