1 USD to BTC - Exchange - How much Bitcoin (BTC) is 1 US ...

Crowdsourcing, Become a beggar, Donate, HELP THE BITCOIN ECONOMY

As the title describes. I'm going to get alot of downvotes but if anyone receives even a few bitcents I guess it helped the bitcoin economy somehow Leave your crowdsource ideas, ask for a little mBTC, spread your generosity to help the bit-conomy thrive
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Nutcoin

Nutcoin - The Anti Scarcity Stabilized Currency
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Cryptocurrency Trading Game

The Crypto Trading Game is simulated cryptocurrency trading using real market prices. Each game has its own post in /CryptoTradingGame. The object of the game is to have the highest value portfolio before the game's end time. Everyone starts the game with $10,000 USD to trade as they wish.
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In celebration of Paypal adding Bitcoin Cash support, BitcoinBCH.com is giving away 1 BCH ($270 USD value)!

In celebration of Paypal adding Bitcoin Cash support, BitcoinBCH.com is giving away 1 BCH ($270 USD value)! submitted by CryptoStrategies to btc [link] [comments]

In celebration of Paypal adding Bitcoin Cash support, BitcoinBCH.com is giving away 1 BCH ($270 USD value)!

In celebration of Paypal adding Bitcoin Cash support, BitcoinBCH.com is giving away 1 BCH ($270 USD value)! submitted by CryptoStrategies to Bitcoincash [link] [comments]

07-05 09:04 - 'You can use DAI coin. It’s a stable coin that always has the value of 1 USD. Decentralized just like bitcoin.' by /u/AmIJames_ removed from /r/Bitcoin within 668-678min

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You can use DAI coin. It’s a stable coin that always has the value of 1 USD. Decentralized just like bitcoin.
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Go1dfish undelete link
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Author: AmIJames_
submitted by removalbot to removalbot [link] [comments]

12-03 14:24 - 'Let's be real here, when 1 BTC is valued at 100K USD, the sky is the limit for Bitcoin, 1 will eventually be valued at hundreds of millions of USD.' (self.Bitcoin) by /u/DoinWhatImDoin removed from /r/Bitcoin within 32-42min

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Let's be real here, when 1 BTC is valued at 100K USD, the sky is the limit for Bitcoin, 1 will eventually be valued at hundreds of millions of USD.
Go1dfish undelete link
unreddit undelete link
Author: DoinWhatImDoin
submitted by removalbot to removalbot [link] [comments]

Value of 1 BTC against USD /r/Bitcoin

Value of 1 BTC against USD /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

If the bitcoin value were to plummit below 1 USD, would it be a good idea to get a bunch of bitcoins and wait for the price to go up again?

submitted by CrilleMega to NoStupidQuestions [link] [comments]

I decided to plot 1 year of Bitcoin values (USD) using polar coordinates.

I decided to plot 1 year of Bitcoin values (USD) using polar coordinates. submitted by enferex to Bitcoin [link] [comments]

Estimating the value of 1 Millibit if Bitcoin had the same market cap as Gold, USD, and the global money supply

Estimating the value of 1 Millibit if Bitcoin had the same market cap as Gold, USD, and the global money supply submitted by Chl0r0PHIL to Bitcoin [link] [comments]

bitcoin is not a bubble it exactly the opposite supercollapse of matter in a good sense like black hole again in a good sense it will suck up all fiat money and gain value to the equilibrium 10 mln usd per 1 btc

https://www.youtube.com/watch?v=pta-gf6JaHQ
submitted by sakhastan to Bitcoin [link] [comments]

The three biggest Bitcoin wallets contain over 99974 Bitcoins, even at today’s low Bitcoin price of $6772 the three wallets are worth between $677 billion and $1.26 billion USD each. In comparison, the world’s richest individual, Jeff Bezos, is currently valued at $112 billion USD.

The three biggest Bitcoin wallets contain over 99974 Bitcoins, even at today’s low Bitcoin price of $6772 the three wallets are worth between $677 billion and $1.26 billion USD each. In comparison, the world’s richest individual, Jeff Bezos, is currently valued at $112 billion USD. submitted by cindex_platform to u/cindex_platform [link] [comments]

Laugh me to scorn trolls... but my mind is blown by the crossover of 10k value = 10,000 Satoshi to 1 USD.... /r/Bitcoin

Laugh me to scorn trolls... but my mind is blown by the crossover of 10k value = 10,000 Satoshi to 1 USD.... /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

bitcoin is not a bubble it exactly the opposite supercollapse of matter in a good sense like black hole again in a good sense it will suck up all fiat money and gain value to the equilibrium 10 mln usd per 1 btc /r/Bitcoin

bitcoin is not a bubble it exactly the opposite supercollapse of matter in a good sense like black hole again in a good sense it will suck up all fiat money and gain value to the equilibrium 10 mln usd per 1 btc /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If Bitcoin achieved a market cap similar to that of the USD($62Trillion-ish)what would that mean for the value of 1 BTC? /r/Bitcoin

If Bitcoin achieved a market cap similar to that of the USD($62Trillion-ish)what would that mean for the value of 1 BTC? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

USA Tax Q: I bought 1 BTC for $5,000, traded alt coins and sold them off for 0.4 BTC. The USD value of 0.4 BTC is about $3000 currently. Do I have to pay capital gains? Anything I should do? /r/Bitcoin

USA Tax Q: I bought 1 BTC for $5,000, traded alt coins and sold them off for 0.4 BTC. The USD value of 0.4 BTC is about $3000 currently. Do I have to pay capital gains? Anything I should do? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

1 year 7 months ago one bitcoin was valued around $400 USD. In just 1 year the value of bitcoin has increased 500%. In 6 months it's increased 200%. I haven't been around long enough but these numbers seems absolutely unreal. /r/Bitcoin

1 year 7 months ago one bitcoin was valued around $400 USD. In just 1 year the value of bitcoin has increased 500%. In 6 months it's increased 200%. I haven't been around long enough but these numbers seems absolutely unreal. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Estimating the value of 1 Millibit if Bitcoin had the same market cap as Gold, USD, and the global money supply

Estimating the value of 1 Millibit if Bitcoin had the same market cap as Gold, USD, and the global money supply submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Shower thought: the intrinsic value of 1 USD is 0 BTC /r/Bitcoin

Shower thought: the intrinsic value of 1 USD is 0 BTC /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

"Mr. Bitcoin! Have you changed?" What is the core value of bitcoin in the future? 【Huobi-USD BitYes rewards 0.1 BTC for the best answer】

Hello everyone, I am "Hobbit" from BitYes, Huobi's BTC-USD exchange. On 4/7, 4/14, 4/22, 4/28 , BitYes will raise a bitcoin related fun topic and award 0.1BTC for the best answer (or answers) we pick! Please speak out your fun or useful ideas.
Today's topic is "Mr. Bitcoin! Have you changed?" We still remember that on November 19, 2013 was the all-time high price of bitcoin on Huobi – 8,000 CNY, which is more than 1,200 USD. That was almost ten times higher than the price when Huobi opened. Today, the bitcoin price has declined to less than 240 USD and we still don't know if the price will reverse soon or not. But it is a good time to think about the true value of bitcoin. When the price reached 1,200 USD, the speculation value was more than the technology value. Now, the practical application of bitcoin has got more attention. So what is the core value of bitcoin in the future? Let's know your fun and valuable ideas! We will pick the best answer (or answers) by 13th of April.
【Bityes is giving away 0.03 BTC for registering. Invite friends, get 0.03BTC as well】 Learn more : https://www.bityes.com/topic/btc_awards_register_invite?utm_source=Reddit&utm_medium=Forum&utm_term=FunTopic&utm_content=MrBitcoinChanged&utm_campaign=0.03BTCGiv
submitted by Huobi-USD to Bitcoin [link] [comments]

"Mr. Bitcoin! Have you changed?" What is the core value of bitcoin in the future? 【Huobi-USD BitYes rewards 0.1 BTC for the best answer】

Hello everyone, I am "Hobbit" from BitYes, Huobi's BTC-USD exchange. On 4/7, 4/14, 4/22, 4/28 , BitYes will raise a bitcoin related fun topic and award 0.1BTC for the best answer (or answers) we pick! Please speak out your fun or useful ideas.
Please leave your comment in the post below to win the 0.1BTC reward! http://www.reddit.com/Bitcoin/comments/33glni/mr_bitcoin_have_you_changed_what_is_the_core/
submitted by Huobi-USD to FreeBits [link] [comments]

1 mbtc = 13 USD cents. . . seen this way the value of bitcoin seems rather low.

Perhaps we should start thinking this way and the value of bitcoin will increase faster? Just a thought.
submitted by BalconySitter to Bitcoin [link] [comments]

7500 Bitcoins transfered with an estimated value of 1 000 000 USD

7500 Bitcoins transfered with an estimated value of 1 000 000 USD submitted by Shtit21 to Bitcoin [link] [comments]

Putting $400M of Bitcoin on your company balance sheet

Also posted on my blog as usual. Read it there if you can, there are footnotes and inlined plots.
A couple of months ago, MicroStrategy (MSTR) had a spare $400M of cash which it decided to shift to Bitcoin (BTC).
Today we'll discuss in excrutiating detail why this is not a good idea.
When a company has a pile of spare money it doesn't know what to do with, it'll normally do buybacks or start paying dividends. That gives the money back to the shareholders, and from an economic perspective the money can get better invested in other more promising companies. If you have a huge pile of of cash, you probably should be doing other things than leave it in a bank account to gather dust.
However, this statement from MicroStrategy CEO Michael Saylor exists to make it clear he's buying into BTC for all the wrong reasons:
“This is not a speculation, nor is it a hedge. This was a deliberate corporate strategy to adopt a bitcoin standard.”
Let's unpack it and jump into the economics Bitcoin:

Is Bitcoin money?

No.
Or rather BTC doesn't act as money and there's no serious future path for BTC to become a form of money. Let's go back to basics. There are 3 main economic problems money solves:
1. Medium of Exchange. Before money we had to barter, which led to the double coincidence of wants problem. When everyone accepts the same money you can buy something from someone even if they don't like the stuff you own.
As a medium of exchange, BTC is not good. There are significant transaction fees and transaction waiting times built-in to BTC and these worsen the more popular BTC get.
You can test BTC's usefulness as a medium of exchange for yourself right now: try to order a pizza or to buy a random item with BTC. How many additional hurdles do you have to go through? How many fewer options do you have than if you used a regular currency? How much overhead (time, fees) is there?
2. Unit of Account. A unit of account is what you compare the value of objects against. We denominate BTC in terms of how many USD they're worth, so BTC is a unit of account presently. We can say it's because of lack of adoption, but really it's also because the market value of BTC is so volatile.
If I buy a $1000 table today or in 2017, it's roughly a $1000 table. We can't say that a 0.4BTC table was a 0.4BTC table in 2017. We'll expand on this in the next point:
3. Store of Value. When you create economic value, you don't want to be forced to use up the value you created right away.
For instance, if I fix your washing machine and you pay me in avocados, I'd be annoyed. I'd have to consume my payment before it becomes brown, squishy and disgusting. Avocado fruit is not good money because avocadoes loses value very fast.
On the other hand, well-run currencies like the USD, GBP, CAD, EUR, etc. all lose their value at a low and most importantly fairly predictible rate. Let's look at the chart of the USD against BTC
While the dollar loses value at a predictible rate, BTC is all over the place, which is bad.
One important use money is to write loan contracts. Loans are great. They let people spend now against their future potential earnings, so they can buy houses or start businesses without first saving up for a decade. Loans are good for the economy.
If you want to sign something that says "I owe you this much for that much time" then you need to be able to roughly predict the value of the debt in at the point in time where it's due.
Otherwise you'll have a hard time pricing the risk of the loan effectively. This means that you need to charge higher interests. The risk of making a loan in BTC needs to be priced into the interest of a BTC-denominated loan, which means much higher interest rates. High interests on loans are bad, because buying houses and starting businesses are good things.

BTC has a fixed supply, so these problems are built in

Some people think that going back to a standard where our money was denominated by a stock of gold (the Gold Standard) would solve economic problems. This is nonsense.
Having control over supply of your currency is a good thing, as long as it's well run.
See here
Remember that what is desirable is low variance in the value, not the value itself. When there are wild fluctuations in value, it's hard for money to do its job well.
Since the 1970s, the USD has been a fiat money with no intrinsic value. This means we control the supply of money.
Let's look at a classic poorly drawn econ101 graph
The market price for USD is where supply meets demand. The problem with a currency based on an item whose supply is fixed is that the price will necessarily fluctuate in response to changes in demand.
Imagine, if you will, that a pandemic strikes and that the demand for currency takes a sharp drop. The US imports less, people don't buy anything anymore, etc. If you can't print money, you get deflation, which is worsens everything. On the other hand, if you can make the money printers go brrrr you can stabilize the price
Having your currency be based on a fixed supply isn't just bad because in/deflation is hard to control.
It's also a national security risk...
The story of the guy who crashed gold prices in North Africa
In the 1200s, Mansa Munsa, the emperor of the Mali, was rich and a devout Muslim and wanted everyone to know it. So he embarked on a pilgrimage to make it rain all the way to Mecca.
He in fact made it rain so hard he increased the overall supply of gold and unintentionally crashed gold prices in Cairo by 20%, wreaking an economic havoc in North Africa that lasted a decade.
This story is fun, the larger point that having your inflation be at the mercy of foreign nations is an undesirable attribute in any currency. The US likes to call some countries currency manipulators, but this problem would be serious under a gold standard.

Currencies are based on trust

Since the USD is based on nothing except the US government's word, how can we trust USD not to be mismanaged?
The answer is that you can probably trust the fed until political stooges get put in place. Currently, the US's central bank managing the USD, the Federal Reserve (the Fed for friends & family), has administrative authority. The fed can say "no" to dumb requests from the president.
People who have no idea what the fed does like to chant "audit the fed", but the fed is already one of the best audited US federal entities. The transcripts of all their meetings are out in the open. As is their balance sheet, what they plan to do and why. If the US should audit anything it's the Department of Defense which operates without any accounting at all.
It's easy to see when a central bank will go rogue: it's when political yes-men are elected to the board.
For example, before printing themselves into hyperinflation, the Venezuelan president appointed a sociologist who publicly stated “Inflation does not exist in real life” and instead is a made up capitalist lie. Note what happened mere months after his gaining control over the Venezuelan currency
This is a key policy. One paper I really like, Sargent (1984) "The end of 4 big inflations" states:
The essential measures that ended hyperinflation in each of Germany,Austria, Hungary, and Poland were, first, the creation of an independentcentral bank that was legally committed to refuse the government'sdemand or additional unsecured credit and, second, a simultaneousalteration in the fiscal policy regime.
In english: *hyperinflation stops when the central bank can say "no" to the government."
The US Fed, like other well good central banks, is run by a bunch of nerds. When it prints money, even as aggressively as it has it does so for good reasons. You can see why they started printing on March 15th as the COVID lockdowns started:
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.
In english: We're going to keep printing and lowering rates until jobs are back and inflation is under control. If we print until the sun is blotted out, we'll print in the shade.

BTC is not gold

Gold is a good asset for doomsday-preppers. If society crashes, gold will still have value.
How do we know that?
Gold has held value throughout multiple historic catastrophes over thousands of years. It had value before and after the Bronze Age Collapse, the Fall of the Western Roman Empire and Gengis Khan being Gengis Khan.
Even if you erased humanity and started over, the new humans would still find gold to be economically valuable. When Europeans d̶i̶s̶c̶o̶v̶e̶r̶e̶d̶ c̶o̶n̶q̶u̶e̶r̶e̶d̶ g̶e̶n̶o̶c̶i̶d̶e̶d̶ went to America, they found gold to be an important item over there too. This is about equivalent to finding humans on Alpha-Centauri and learning that they think gold is a good store of value as well.
Some people are puzzled at this: we don't even use gold for much! But it has great properties:
First, gold is hard to fake and impossible to manufacture. This makes it good to ascertain payment.
Second, gold doesnt react to oxygen, so it doesn't rust or tarnish. So it keeps value over time unlike most other materials.
Last, gold is pretty. This might sound frivolous, and you may not like it, but jewelry has actual value to humans.
It's no coincidence if you look at a list of the wealthiest families, a large number of them trade in luxury goods.
To paraphrase Veblen humans have a profound desire to signal social status, for the same reason peacocks have unwieldy tails. Gold is a great way to achieve that.
On the other hand, BTC lacks all these attributes. Its value is largely based on common perception of value. There are a few fundamental drivers of demand:
Apart from these, it's hard to argue that BTC will retain value throughout some sort of economic catastrophe.

BTC is really risky

One last statement from Michael Saylor I take offense to is this:
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” MicroStrategy CEO said in an interview
"BTC is less risky than holding cash or gold long term" is nonsense. We saw before that BTC is more volatile on face value, and that as long as the Fed isn't run by spider monkeys stacked in a trench coat, the inflation is likely to be within reasonable bounds.
But on top of this, BTC has Abrupt downside risks that normal currencies don't. Let's imagine a few:

Blockchain solutions are fundamentally inefficient

Blockchain was a genius idea. I still marvel at the initial white paper which is a great mix of economics and computer science.
That said, blockchain solutions make large tradeoffs in design because they assume almost no trust between parties. This leads to intentionally wasteful designs on a massive scale.
The main problem is that all transactions have to be validated by expensive computational operations and double checked by multiple parties. This means waste:
Many design problems can be mitigated by various improvements over BTC, but it remains that a simple database always works better than a blockchain if you can trust the parties to the transaction.
submitted by VodkaHaze to badeconomics [link] [comments]

10 Million Dollar Bitcoin End Game - YouTube How to calculate the Price of 1 TBC in USD? Bitcoin/USD vs. Bitcoin/EUR: A slightly different tale Bitcoin To Us Dollar - YouTube History of Bitcoin Price (BTC)

1 BTC = $13001.46. The current price of 1 bitcoin is 13001.46 US Dollars. Bitcoin's value varies by exchanges and traders. To convert US Dollars to bitcoins, on average will cost that much. 1 bitcoin in USD = $13001.46 Bitcoin Price (BTC - USD) 13,040.49-79.05 (-0.60%) 03:05:00 AM. EDT Add to watchlist. TO PORTFOLIO TO WATCHLIST. USD/BTC Buy Bitcoin Now >> Send Money. Don't get overcharged when you send money ... USD [US Dollar] BTC [Bitcoin] 0.01 US Dollar = 0.000001 Bitcoin: 0.1 US Dollar = 0.000008 Bitcoin: 1 US Dollar = 0.000077 Bitcoin: 2 US Dollar = 0.000155 Bitcoin: 3 US Dollar = 0.000232 Bitcoin: 5 US Dollar = 0.000386 Bitcoin: 10 US Dollar = 0.000773 Bitcoin: 20 US Dollar = 0.001546 Bitcoin: 50 US Dollar = 0.003864 Bitcoin: 100 US Dollar = 0 ... BTC [Bitcoin] USD [US Dollar] 0.01 Bitcoin = 131.104000 US Dollar: 0.1 Bitcoin = 1311.040 US Dollar: 1 Bitcoin = 13110.40 US Dollar: 2 Bitcoin = 26220.80 US Dollar: 3 Bitcoin = 39331.20 US Dollar: 5 Bitcoin = 65552.00 US Dollar: 10 Bitcoin = 131104 US Dollar: 20 Bitcoin = 262208 US Dollar: 50 Bitcoin = 655520 US Dollar: 100 Bitcoin = 1311040 US ... BTC/USD: Aktueller Bitcoin - US-Dollar Kurs heute mit Chart, historischen Kursen und Nachrichten. Wechselkurs BTC in USD.

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10 Million Dollar Bitcoin End Game - YouTube

This video represent history of BTC-USD exchange rate until 2019.07.11 Bitcoin price is like crazy right now. How much will rising up? and, How much will falling down? How to calculate the Price of 1 TBC in USD? Chukwuka Obeleagu. Loading... Unsubscribe from Chukwuka Obeleagu? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 3.69K. Loading ... 👕Merch: https://teespring.com/stores/tokenvision 🐦Follow me on Twitter/Instagram for Latest: https://twitter.com/TokenVision99 📸https://www.instagram.com/tok... The price of Bitcoin has been significantly rising recently, especially against USD. In fact, the monthly close has exceeded the closes in the summer of 2019. However, the story is not exactly the ... A step-by-step walkthrough that shows when you should care about your altcoin's BTC price and when you should care about USD price. After Bitcoin's violent r...

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