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If I'm from Europe and invest in Bitcoin, do I gain something if the dollar is worth less in the future and the Bitcoin price stays steady ?
I see arguments here that crypto should go up relative to the dollar, as inflation is coming soon. However as an European who has money in €, would I gain anything if the price of Bitcoin stayed steady and I converted my money to Bitcoin ?
U.S. markets showed a significant drop on Monday morning owing to the expansion of the coronavirus in to Europe. People are expected to rush out and sell their coins, experts now believe the price of Bitcoin could slide below $9,000 in the coming day's and week's.
ELI5 why if bitcoin is a globally connected currency, why different markets have drastically different buying and selling prices(ie Zimbabwe/europe)?
Why aren't we all the same? (EDIT) why are is there more than 1 market? is it because geogpraphicaly we aren't in their internet reach to get on their exchanges?/ is it that local trading(which obviously we can't do from here) drives up their price for the region? ALSO if I buy or sell for no fees on gdax(limit buying) does it lock in the price as it waits to be processed like coinbase?
Bitcoin price historically dropped to ~ $14,000, but later that day it reaches $16,250 15 December 2017 $17,900 Bitcoin price reached $17,900 22 December 2017 $13,800 Bitcoin price loses one third of its value in 24 hours, dropping below $14,000. 5 February 2018 $6,200 Bitcoin's price drops 50 percent in 16 days, falling below $7,000. Yes, Bitcoin price is indeed unpredictable because there are several factors that can affect its value whether it will soar or fall. However, if you see this perspective in a broader sense, you will take note that the change in price of bitcoins is solely in the hands of bitcoin users. For more information regarding the Bitcoin Europe movement and about Coin News Europe, interested parties may ... Bitcoin is volatile and price is always on the move. If you want to convert Bitcoin to its current value in Euros, check out our BTC/EUR conversion tool. Mining Bitcoin in Europe. Europeans pay, on average, EUR 0.06 more per kWh than Americans in electricity costs, nearly 50% more. Bitcoin in Europe: Live EUR Price, Best Exchanges, Taxes, and History. The European Union has been very liberal in allowing bitcoin trading. It has also been concurrently working with exchanges and wallets to identify suspicious activity. The debate around cryptocurrency in Europe has mostly been on which legislation should apply. The European Central Bank has declared cryptocurrencies as ... Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM 7:48 AM. Market cap $ 242.4B. Volume (24 hours) $ 23.6B. Circulating supply 18.5 M BTC. About Bitcoin. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain ...
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