Sentences with phrase «fiat value»
"fiat value" refers to the value that is given to a currency or money by a government or an authoritative institution, rather than being based on its intrinsic worth or being backed by a physical commodity. In simple words, it is the value assigned to money by official authorities, allowing it to be used as a medium of exchange in an economy. Full definition
At least, when it comes to the comparative fiat values of the altcoins.
coinbureau.com
-- when bitcoin is rising in fiat value, altcoins are falling.
On average, respondents said the current fiat value of their bitcoin holdings were $ 2,930.85, although that will probably continue to rise along with bitcoin's market price.
Bitcoin cash (BCH) markets have been following a similar pattern towards lower fiat values.
The exchange, previously known as Yapizon, did not indicate how many bitcoins or other cryptocurrencies were stolen or what the total fiat value of the attack amounted to, but it was enough to lead to bankruptcy.
Last week bitcoin bears managed to drag bitcoin's fiat value down to the $ 3,600 range as many sellers took in some solid profits.
There are 20 cryptocurrencies and 50 fiat values listed on Abra at this moment and the reason why Abra team decided to go for LiteCoin network instead of its original intention of using Bitcoin Cash for this purpose lies in the fact that although LTC network is thought to be less secure than Bitcoin Cash, it is thought to be more stable.
Hopefully, Ledger will add the option to see fiat the value of transactions within the wallet software in the near future.
Bitcoin and virtually the entire altcoin market have a curious inverse relationship — when bitcoin is rising in fiat value, altcoins are falling.
Using a Bitcoin - based multi-signature wallet, a consumer can hold fiat currency or ether and Abra will ensure that the value of bitcoin the consumer is holding stays fixed to the amount of ether or fiat currency that the consumer wishes to hold — we call this a
If you spend them today at their current FIAT value, that same amount may be worth dramatically more in just a few weeks.
If you choose to hold your balance in fiat the value of your bitcoin is fully protected vs the fiat value (meaning $ 200 stays $ 200 per your example.)
Cryptocurrencies have lost some fiat value over the past few days as the entire market of over 1,500 digital assets has shaved billions off the overall market capitalization.
The meteoric rise of Bitcoin's fiat value is doing what it took geeks more than 20 years to accomplish: convince regular people that there was something worth looking at in this new experiment of creating, storing and safely transact digital value.
With the value of cryptocurrencies fluctuating while they reach maturity as a globally recognized currency, their FIAT value can change wildly in the time it takes you to read this sentence.
If you stayed in bitcoin from the moment of the dip, your fiat value would have moved up +25 %, while a move over to Cardano would have moved you up +32 %.
The NEO open - source blockchain project, which has now been operating the NEO MainNet for over one year has announced that in order to show gratitude and appreciation to their early backers and supporters the NEO Council has decided to officially launch a sponsor give back plan designed to unconditionally give back to early sponsors in the amount equal to the fiat value they contributed.