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5 votes

How do exchanges keep relatively similar price on coins?

If I could buy a bitcoin on Exchange A for $2,000, turn around and immediately sell it on Exchange B for $2,500, and make an immediate profit of $500, I would do that all day long, and get rich! But ...
abelenky's user avatar
  • 1,344
3 votes
Accepted

Is there a calculation for exchange rate stability?

This site can help you calculate the beta of Bitcoin: https://btcvol.info/ "What definition of volatility does btcvol.info use? The standard deviation of daily returns for the preceding 30- and 60-...
Logan's user avatar
  • 373
3 votes
Accepted

How Do I Calculate the profit of the value of my bitcoin?

The simplest way to calculate would be: averagecost = ((BTC[t0] x USD[t0]) + (BTC[t1] x USD[t1]) + (so on))/total_BTC where t0,t1 and so on are different time when you bought. The above gives you ...
remedcu's user avatar
  • 1,093
2 votes
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dollars being sent to me for no reason?

I'm not sure if you're trolling or not, but 200 bitcoins is currently worth ~2,357,000$. ( Which seems to pretty aligned with the number you are giving.) There's no virus/scam or bug, the price ...
Rutger Versteegden's user avatar
2 votes

Bitcoin Cash: Reasons for price fluctuation

There is really no way to know why the price of BCH went up recently, but a few of the possible reasons are: People converted BTC to BCH after the planned 2x hard fork fell through source People are ...
Eric Allam's user avatar
2 votes

Why do prices of all cryptocurrencies move in sync?

The reason is that many altcoins are traded in BTC/ALTcoin pairs, not $$/ALT pairs. So if an altcoin is trading 0.1 BTC/ALT, and the dollar price of bitcoin falls, then the $ price of the ALT will ...
chytrik's user avatar
  • 18.3k
2 votes

How to avoid contagious media stories affecting Bitcoins?

Can crypto's achieve the same shop use? For Bitcoin, the trend is in the opposite direction. Bitcoin’s soaring transaction fees, following the digital currency’s 1,300 per cent surge in value in the ...
RedGrittyBrick's user avatar
2 votes
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Why would people buy bitcoin these days if its too expensive?

What you are probably missing is the fact that you can buy partial bitcoins, you don't have to purchase a whole bitcoin at once. You could buy a small bit of bitcoin for $20 if you wanted, it can be ...
meshcollider's user avatar
  • 11.9k
2 votes

How Do I Calculate the profit of the value of my bitcoin?

First of all, let a number of bitcoins be bought and (x1) is how much you paid for it. Now the price of 1 bitcoin changes Then you use the formula: x2= (New value of 1 bitcoin)*(Number of bitcoins ...
Anonymous's user avatar
2 votes
Accepted

How does Bitcoin protect against inflation?

Inflation is increase in price without increase in utility. A car with similar features helps you get from point A to point B just like it did one year ago (same utility). However, the cost of the car ...
Ugam Kamat's user avatar
  • 7,417
2 votes

How to deal with bitcoin/crypto volatility as an online casino?

Do players gamble in USD or in BTC? If players gamble in BTC then it is not your problem to deal with. You just deal in BTC and take a cut of the BTC. If the player who wins BTC ends up losing USD, ...
Quitting Due To Antisemitism's user avatar
2 votes

How does Lightning payment service Works?

How does existing lightning payment service were able to manage to provide merchant's BTC in form of fiat It doesn't. Hedging currencies is something that must be performed outside the Lightning or ...
RedGrittyBrick's user avatar
2 votes

How to keep my bitcoin funds price stable?

So there are lots of technical reasons you should think about what you want your "stable" value to come from. USDT for example is not the best but is also not the worst in the world of ...
Poseidon's user avatar
  • 653
2 votes
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I do accept bitcoins as a way of payment on my website. How could I stabilize value of accepted bitcoins to usd?

https://en.m.wikipedia.org/wiki/Hedge_(finance) A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. A hedge can be ...
RedGrittyBrick's user avatar
2 votes

Is the USD amount the same for both sender and receiver?

Bitcoin's exchange rate is volatile, so 0.004 BTC can be worth $223 at one time and $212 not much later. If you're agreeing to pay someone (or be paid) in bitcoin, be sure to agree on an amount ...
Vojtěch Strnad's user avatar
1 vote
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How can non-backed cryptocurrencies be stable (like by algorithm)

It's entirely possible, but no one would invest in such a coin because the return on investment would be predictable and low, and the value itself would be subject to manipulation by the creator. You ...
Sachin Meier's user avatar
1 vote
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Historical Prices Immediately Following Bitcoin Halving

First halving happened on 2012-11-28, the price was around $12, after the event the prices started to rally and by April 10th, 2013 it reached over $250, after which it crashed to around $60. Second ...
WeAreAllSatoshi's user avatar
1 vote

Is it more dangerous when 51% attack happens than just having a pool with >50% hashrate?

One can't say what's more or less dangerous for a cryptocurrency value. You don't have a control group. You would need a parallel universe where Flypool had no more than 51% to compare prices there to ...
Osias Jota's user avatar
1 vote

Why bitcoin rise causes altcoins to drop?

There are a few reasons, some examples (not limited to the below of course): People will buy coins before forks, in the hope of claiming both coins and getting a "dividend" even if they don't believe ...
Daniel Morritt's user avatar
1 vote

How to avoid contagious media stories affecting Bitcoins?

Apart from uptake, a second area for consideration is the utility value. When the utility value is high, the cryptocurrency is free to become commonplace. Factors like, can you use it to buy a cup of ...
Willtech's user avatar
  • 3,279
1 vote
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Why does GBTC frequently not track Bitcoin's price?

An Investor's Business Daily article discusses why GBTC's value does not match the value of the Bitcoins held in the fund. It says that GBTC is not an ETF - it is a grantor trust. It is not ...
pacoverflow's user avatar
1 vote

Is price volatility necessarily a bad thing?

Volatility is indeed a shortcoming for an asset to be the basis of a monetary system. Money aims to solve the problem of double coincidence of wants in barter by acting as a medium of exchange. And to ...
Fernando N.'s user avatar
1 vote

Demand for bitcoin

No. Because an individual can spend more than 1 address. Therefore your formulation is not an accurate depiction of activity or demand for bitcoin.
rny's user avatar
  • 2,428
1 vote

Volatility-reducing investing strategies in Bitcoin?

localbitcoins - cheap - spread cost min 2.5 % + 1 % (transaction fee) but more time and your work. Big market. Bitpay (used by Airbaltic company) - easy, but more expensive. Waiting for better ...
Léo Léopold Hertz 준영's user avatar
1 vote

What does the value of bitcoins depend on?

The value is unstable because it's a small and speculative market. People don't really understand what bitcoin is and they can be lead to believe many things.
Yoan Arnaudov's user avatar
1 vote

Why did the price of bitcoin increase so dramatically?

Bitcoin is a digital asset that is impossible to counterfeit, easy to transfer globally, and scarce: the bitcoin supply is strictly limited to less than 21 million. Bitcoin is akin to cash—payments ...
Murch's user avatar
  • 76k
1 vote

Why did the price of bitcoin increase so dramatically?

some reasons for the price-increase: -bitcoin becomes an official currency in japan -Australia Will Recognize Bitcoin as Money and Protect Bitcoin Businesses, No Taxes -many people know/buy bitcon ...
anion's user avatar
  • 746
1 vote

Why isn't the price of BTC rapidly growing due to WannaCry?

I've read somewhere that around $6000 had been paid in total; at roughly $500 per ransom that's 12 people who actually paid. That's a speck in the ocean.
Franck Horlaville's user avatar
1 vote

Bitcoin Volatility

If the respective Nation or company had immensely deep pockets, they could guarantee the Bitcoin price for some time by erecting immense buy / sell walls on all major exchanges. This is suggested for ...
Murch's user avatar
  • 76k
1 vote

What are the political and environmental implications of growing Bitcoin electricity consumption?

It seems to me that since block reward and mining industry gross margins are reasonably steady in the short term, that if Bitcoin were to (say) rise ten fold in price similar to previous rises eg. at ...
Nick ODell's user avatar
  • 29.4k

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