It was more like a cautious rally, in which traders want to re-enter
the market from fiat currency, but don't want to take too big a risk.
Not exact matches
With UTRUST you can accept multiple cryptocurrencies at once and all payments received will be converted to
fiat currency to protect you
from market price fluctuations.
Funds are immediately converted to
fiat currency in order to protect the seller
from market volatility.
The value of Digital Assets may be derived
from the continued willingness of
market participants to exchange
fiat currencies for Digital Assets, which may result in the potential for permanent and total loss of value of a particular virtual
currency should the
market for that virtual
currency disappear.
But the
market of crypto -
currencies is different
from fiat asset
markets on many levels.
Moving some of your portfolio over to
fiat currencies (or something else) will protect it
from a declining cryptocurrency
market.
The value of digital
currency may be derived
from the continued willingness of
market participants to exchange
fiat currency for digital
currency, which may result in the potential for permanent and total loss of value of a particular digital
currency should the
market for that digital
currency disappear;
Physical gold that may be suffering
from a falling domestic
fiat currency price is still exponentially more valuable than devaluing paper
fiat currencies, as anyone living in the Ukraine, Russia, Mexico, Brazil, Venezuela, and in any number of dozens of other emerging
markets have unfortunately rapidly learned in the past few years.
But the
market of crypto -
currencies is different
from fiat asset
markets on many levels.
The value of Digital Assets may be derived
from the continued willingness of
market participants to exchange
fiat currencies for Digital Assets, which may result in the potential for permanent and total loss of value of a particular virtual
currency should the
market for that virtual
currency disappear.
Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «
fiat»
from foreign financial
markets, specifically converting bitcoins into the local
fiat currency where their mining operation physically resides.
Vegascasino.io, a new player in the Bitcoin gambling
market, boasts an experienced team of professionals behind the bitcoin online betting and online gambling platform, coming
from a
fiat currency gambling background running casinos, sportsbooks and poker for a decade.
Although Fernandez is unwilling to reveal the details of how his service does this, BTCTrip uses the bitcoins it receives
from customers to provide liquidity for some kind of multi-
currency arbitrage, exploiting inefficiencies in various Bitcoin and
fiat currency exchange
markets to earn a profit.
When Christin took other factors into account, like the possibility of Silk Road users buying bitcoin to fund their dark
market purchases and then trading bitcoin back to
fiat currency, the number of potential transactions attributed to Silk Road activity could double
from a conservative estimate of 4.5 % to as much as 9 % of all bitcoin trading activity, as measured by traded value on exchanges at the time.
Bitcoin will continue to take
market share
from regional
fiat currencies for use as a store of value.
This increase took place at the same time money flowed out of the cryptocurrency
market, meaning that in order for that money to re-enter the
market, it will have to pass through Bitcoin again (because you can't buy most coins directly
from fiat currency).
Bitcoin is derived
from the continued willingness of
market participants to exchange
fiat currency for Bitcoin, which may result in the potential for permanent and total loss of value of Bitcoin, should the
market for Bitcoin disappear;
Without investing in Hedge Funds, individuals can use Bitcoin as a hedge against the
FIAT currency in emerging
markets — interesting article
from Vinny Lingham, Angel Investor and Entrepreneur
It has once again altered its business model for US traders, deciding to serve that
market without initially accepting
fiat currency from them.
By 2018, they hope the platform will have evolved into a financial ecosystem thriving on the interaction between the blockchain and
fiat currencies, moving
from the American
market into Europe and Russia, then Latin America, and on to Asia and Australia.
With UTRUST you can accept multiple cryptocurrencies at once and all payments received will be converted to
fiat currency to protect you
from market price fluctuations.
Funds are immediately converted to
fiat currency in order to protect the seller
from market volatility.
Even
fiat currencies that are fully controlled by governments in terms of supply and circulation also do not have intrinsic value, as their valuation depends on the
market and the demand
from investors.
It is easy to invest
fiat currency in the
market and then leave there as an investor trades it; moving it
from one
currency to another and not cashing it back to
fiat currency.