Sentences with phrase «value of bitcoin for»

A few hours before the end of the day Bitcoin was priced $ 8,907.39 — a 2.7 percent increase from the time of sale and a 10.1 percent increase in the value of Bitcoin for the day.

At 23:00 the currency was priced at $ 8,027.95 — a 1.2 percent decrease from the time of sale and a 7.8 percent increase in the value of Bitcoin for the day.

Bitcoin finished the day at $ 8,059.74 — a 2.2 percent decrease from the the time of sale and a 2.3 percent decrease in the value of Bitcoin for the day.

Its mission is to enable massive growth of the bitcoin network and dramatic increase in the value of bitcoin for everyone's benefit.

Options exchanges like CBOE trade contracts on the future value of bitcoin for certain points in time.

Kraken CEO Jesse Powell explains the value of Bitcoin for retail merchants at the 2015 EHI Kartenkongress (Card Congress).

With bitcoin's valuation still showing huge volatility, Middleton claims the availability of distributed hedging will both ensure the value of bitcoin for individuals holding the asset and provide systemic stability.

Not exact matches

Nasdaq said that both sides of the fork would go in the index for one day, and after that the value of the other fork would be reinvested in bitcoin and the value of the index would be adjusted.

The volatility of bitcoin has made it more useful as a vehicle for speculation than as a currency, say critics — when the value can change drastically from hour to hour, it introduces undesirable risk for sellers and buyers alike.

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.

Bitcoin's price is not a reflection of its growing usage as currency; it reflects merely demand for the mirage of its speculative value.

Instead, they say, the likes of Bitcoin will be extremely useful when machines trade economic value between themselves — for example, when a driverless car needs to pay another driverless car.

The price on Coinbase, which accounts for a third of bitcoin trading value, is often at a premium over other exchanges.

«The value of Bitcoin is only guaranteed for a certain period of time so if the transaction doesn't complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change,» Steam said.

«The value of Bitcoin is only guaranteed for a certain period of time, so if the transaction doesn't complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change.

Like other Wall Street banks, JPMorgan acts as an agent for buyers and sellers of Bitcoin XBT, an exchange - traded note designed to track the value of the crypto currency.

«I recognize the publicity value» of announcing bitcoin transactions he said, «but initially it was because anonymity is always a concern for people.»

Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services outside of the regulated financial system.

A report from the pair, titled «Banking on Blockchain: A Value Analysis for Investment Banks,» looks at real - world data from 8 of the world's top 10 banks and estimated that blockchain technology, first developed to underpin bitcoin, could cut operational costs by up to 30 %.

With the value of Bitcoin at record highs, and the holiday season upon us, there's no better time for the cryptocurrency to prove its mainstream usefulness.

The value of Bitcoin soared last year, trading for more than C$ 20,000 per Bitcoin.

Establish what exchange rate will be used for refunds before your purchase since the value of bitcoin can change rapidly.

In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.

Entrepreneurs in the field say that focusing on the price of Bitcoin is missing the point — its value is as proof of concept for a new kind of payment system not reliant on third parties like governments, big banks or credit - card companies.

Bitcoin is digital currency used for secure and instant transfer of value anywhere in the world.

Bitcoin claims to provide Web buccaneers with a secure store of value free from the risk of government confiscation or interventionist devaluation, making it the currency of choice for old - fashioned money - launderers and modern - day snake - oil salesmen.

GPUs from both AMD and Nvidia have been sold out in many places as demand for the cards has skyrocketed with the value of bitcoin.

With the dramatic rise (and fall) in Bitcoin prices over the past several months, Allison Nathan, senior strategist for Goldman Sachs Research, takes a look at the market value of cryptocurrencies.

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.

But Bitcoin is not a good choice for preserving the value of your cash.

Goldman Sachs said it would offer limited access for certain customers, but according to Bloomberg, the bank has demanded that some of its clients set aside funds equal to the full value of their bitcoin futures trades as a condition for doing the transaction, meaning Goldman is still very nervous about the potential for big losses in Bitcoin fbitcoin futures trades as a condition for doing the transaction, meaning Goldman is still very nervous about the potential for big losses in Bitcoin fBitcoin futures.

A utopian case for Bitcoin and cryptocurrencies in general, if one even exists, is still struggling to articulate itself as merchant adoption hasn't caught on nearly a decade after the first block of Bitcoin transaction data was generated, and prices continue to fluctuate too wildly for it to be considered a store of value.

The Enforcement Division began preparation for its investigative sweep in Texas on December 16, 2017, when the price of bitcoin was valued at over $ 19,000.

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

Just like HTTP became a protocol for information exchange, Bitcoin, Ripple, and other decentralised ledger - based solutions might be seen as the protocol for value exchange, promising exciting possibilities, some of which are difficult to imagine at this stage.

«The Smallest Bubble I Know» Speaking to Bloomberg December 22 as Bitcoin continued a 30 % pullback to sub - $ 13,000 lows, Fundstrat Global Advisors» head of research said the biggest cryptocurrency «had been following network value» for several years.

For a while now our focus has been on relative value and there is very little argument that, after the first quarter price collapse, a whole lot of risk has been taken out of bitcoin, ether, Ripple and thousands of others.

As the IRS is focusing on tax compliance for the years 2013 - 15, it appears that the $ 20,000 value will be calculated based on the price of bitcoin on the date (s) of the relevant transaction (s) rather than a fixed bitcoin exchange rate or today's price.

Admittedly, one could make the same argument about gold, but gold has been widely accepted by humankind as a thing of value for more than two - and - a-half thousand years — compared to less than a decade for bitcoin.

But as bitcoin began attracting greater attention from developers and technologists, novel projects began to use the bitcoin network for purposes other than transfers of value tokens.

The value of a bitcoin is constantly changing, and there is no centralised exchange for it.

For the most part, bitcoin has been particularly popular in China thanks to the dropping value of the Yuan.

«Proof of funds for a bitcoin sale literally requires the buyer to sit down with a smartphone, open a blockchain app that displays the total value of their bitcoin and show that to the seller,» Michalski said.

To the extent that Bitcoin is assured to have a limited supply, and is undoubtedly being used for money - laundering already, I doubt that the future value of Bitcoin will be identically zero, assuming governments refrain from any regulatory effort.

Bitcoin shines in providing fast settlement times and affordable transfer costs for high - value payments, and we hope bitcoin users will take advantage of these strBitcoin shines in providing fast settlement times and affordable transfer costs for high - value payments, and we hope bitcoin users will take advantage of these strbitcoin users will take advantage of these strengths.

For example, although bitcoin's value reached almost $ 2,800 in May, it dropped more than 18 percent before the end of the month.

For the first time, yesterday, March 2, the price of 1 Bitcoin surpassed the trading value of an ounce of gold, with Bitcoin valued at $ 1,265 and an ounce of gold at $ 1,237.

At its value a year later, 3,300 bitcoins equals around $ 34 million — which is likely a hard pill to swallow for both the buyer and the seller, who had the bitcoin immediately converted into cash, according to Mike Michalski of RE / Max Estate Properties, who co-listed the property with Sachi Fujita.

They would pay a premium for the service, but it is a way to make sure if the price drops, the investment group would need to buy the bitcoin for what it was valued at the time of the sale.

«Australian bitcoin exchange CoinJar will unveil plans to fix the value of the highly volatile cryptocurrency for its clients and offer conversion to a range of different currencies...»