Sentences with phrase «fiat value down»

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.

Not exact matches

However, for stock market companies, simply creating new shares or issuing stock options by fiat that are given away to employees without the company selling them at full value, existing shareholders would experience an economic dilution in profits (dividends) per share going down because of a larger number of shares and, importantly, in economic value, being given away (shares of the company are literally being simply granted to someone else, namely employees).

In other words, you don't have to worry about new bitcoins being printed that then drive down the value of the currency as it is often the case with fiat currency.