Enter a starting investment value and the bitcoin tool will guess the investment value on the final date. Optionally, you can also adjust the bitcoin price return and final price for inflation. We use the CPI-U index, interpolated or extrapolated to find a bitcoin investment's value on your investment date.
The bitcoin return calculator uses data from Bitfinex via Quandl as well as historical bitcoin return data from Bitcoinity. There are only a few options when using the bitcoin return calculator, but any small adjustments can have major effects on your results. The bitcoin return calculator uses data from BitFinex and Bitcoinity.
Wherever the Bitcoinity data includes multiple exchanges, we used the average daily bitcoin price on all exchanges. In practice, this means the recent data all comes from BitFinex. Note that bitcoin markets don't "close" in the sense that a stock market might. Bitcoin closing prices are as reported by an exchange. On top of reporting differences, different exchanges may have different bitcoin prices for each date. We believe the trends are correct for the tool, and it's a reasonably good guess at how a typical bitcoin investor would have performed between two dates.
However, this tool is for informational or research purposes only. Do your own due diligence. The bitcoin return results quoted should in no way be taken as advice on whether to invest in bitcoin or other cryptocurrencies. Cryptocurrencies, as an asset class, have demonstrated more volatility than any of the other investments we've featured on this site in calculator format.
See, for example, the Ethereum return calculator and Litecoin return calculator. Return on investment. Ready to start investing? Try Amber today. Try Amber now. Get started in 90 seconds. Sign up Create your profile and verify your cell number and email address.
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Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign up. Connect and share knowledge within a single location that is structured and easy to search. If I know the exchange rate, how can I calculate the value of some amount bitcoins in my native currency?
You'd have to add transaction costs to that, which depend on your exchange. I will explain how to calculate the value of some amount of bitcoins in terms of USD, but obviously the USD can be replaced by any other currency, and the corresponding exchange rate. To calculate the exchange rate, you take the amount of USD you paid, and divide by the amount of bitcoins you received.
To calculate the number of bitcoins you might buy with a given amount of USD at a specific exchange rate, you divide the amount of USD by the exchange rate:. The price in your native currency is set by the supply and demand on a local exchange that deals in your own currency. Yes, that is what arbitrage is based on and many take advantage of the difference to make a profit wherever Btc is valued higher.
So bottomline, if you're looking for exact exchange rate look on a local exchange. Hint: "currency conversion math" as some keywords. Just multiply both. Sign up to join this community. The best answers are voted up and rise to the top. Stack Overflow for Teams — Start collaborating and sharing organizational knowledge. Create a free Team Why Teams? Learn more. How do I calculate the value of some amount of bitcoins in my native currency?
Ask Question. Asked 9 years ago. Modified 2 years ago. Viewed 75k times. Improve this question. Exploit Exploit 3 3 gold badges 11 11 silver badges 12 12 bronze badges. I didn't know this was the grade school math SE — dchapes. DaveC There's no need to be rude to him. The diff change can be excluded from the calculation by toggling the "Use Diff Change" switch. Why is my break-even time 0 or never? If your break-even time is 0 you have likely forgotten to input your hardware cost below.
If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. You could try lowering the diff change for a less agressive prediction or disable it altogether. Recurring costs are fixed costs such as rent or internet.
This value, along with power costs are subtracted from your revenue to give profit. Higher recurring costs mean lower profits and a longer break-even time. The profitability chart can help you visualize your long term mining projections. The chart can operate in one of three views: Total Profits The Total Profits view predicts what your overall profitability will be in the future. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff change , the diff change factor can be disabled.
This view assumes the price of the coin will stay the same. If you wish to account for a changing price ie if you think the price will rise in the future , switch to the "Coins Generated" view. Coins Generated This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value.
A high diff change will cause you to generate fewer coins in the future. Total Costs This view sums your power and recurring costs. It can be used to predict the total cost to operate your mine over a given period of time. Price Change allows you to factor in the changing price of the currency into your projections. You can use this to generate accurate best-case and worst-case projections for your operation.
Why does Price Change default to 0? It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you. How does this value factor into the calculations? It depends on what Selling Profile is set to. For more details, click on the question mark beside the Selling Profile field found directly below Price Change.
Selling Profile tells the calculator how to use the Price Change value.
For this example, we will input a trading size of a 0. Open price: In this field traders just need to input the opening price for the trade. Close price: The last field of the calculator, here traders just need to input the closing price for the trade. Finally, we hit the "Calculate" button. The results: The Profit Calculator will calculate the profit in money with the account base currency previously selected and also the profit in the total amount of pips gained or lost.
In our example, opening a long trade of 0. It can help traders to understand the basics of financially investing in Forex trading and how to avoid the dangers of over-capitalization and under-capitalization. Our tools and calculators are developed and built to help the trading community to better understand the particulars that can affect their account balance and to help them on their overall trading.
Regardless if investors trade the Forex market, cryptocurrencies or any other financial instruments, our complete suite of accurate Forex tools and calculators are programmed to work with any data inputted. By using live market data, our set of calculators allows traders to always get the most accurate results possible, and they work with most FX pairs, metals and even cryptocurrencies.
Also, these great calculators are translated into 23 different languages including Arabic, Russian, Japanese and Chinese. With an intuitive design and a user-friendly interface, these calculators can be easily integrated with any web page. The substantial advantage is that they are completely unbranded, and can be fully customizable to any color scheme and to fit the layout of any web page. Share this page! Buy or Sell Buy Sell.
Lots trade size. Open price. Close price. Profit in money Profit in pips Switch to units Forex pairs are , units per 1 lot Units per 1 lot vary on non-forex pairs, please check with your broker In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot. View image. Is this article helpful?
Share this page using your affiliate referral link Forex Calculators. Pip Calculator. Lot Size Calculator. Forex Rebates Calculator. Profit Calculator. Bitcoin "miners", who are independent entities and companies that own the computing power necessary to process transactions on the Blockchain, are motivated by both rewards the release or payment in Bitcoin as well as transaction fees.
These miners could be described as the decentralized authority who enforces the credibility and integrity of Bitcoin networks. New bitcoins can be released to miners at a fixed rate but it is constantly declining. There are 21 million Bitcoins available to be mined. The total number of bitcoins that can still be mined is 21 million.
Bitcoin and other cryptocurrencies operate in a different way from fiat currency. In central banking systems, the currency rate is set at the same rate as the economy's growth. This system is intended for price stability. A decentralized system such as Bitcoin determines the release rate ahead of time and according to an algorithm. Bitcoin Mining is how Bitcoin is made available for public use. Mining requires solving complicated computational puzzles to find a new. The block is then added to the blockchain.
Bitcoin mining adds transaction records to the network and verifies them. Bitcoin miners get rewarded with some Bitcoin. In , there were 50 new bitcoins as the block reward. In , there were 50 new bitcoins as a block reward. Bitcoin mining can be done on much different hardware.
Some yield better rewards than others. Certain computer chips called application-specific circuits ASICs , as well as more sophisticated processing units such graphic processing units or GPUs can earn higher rewards. These advanced mining processors, also called "mining equipment", are often called "mining robots.
One bitcoin can be divisible to eight decimal degrees millionths off one bitcoin , and this unit is called a Satoshi. Bitcoin, if accepted by the miners, could eventually be divisible to further decimal places. The domain name Bitcoin. This means the identity of its owner is not available to the public. Satoshi Nagamoto, or a group of people using his name, makes an announcement to the Cryptography Mailing List.
Block 0. The first Bitcoin block is mined Block 0. The Cryptography Mailing List is pleased to announce the first version of the Bitcoin program. There is no definitive information about who invented Bitcoin. Satoshi Nakamoto refers to the person who created Bitcoin in and the software that it runs on. Since then, many have claimed to be or been rumored as the real-life individuals behind the pseudonym.
But, as of November , Satoshi Nakamoto's true identity or identities remains a mystery. It's tempting to believe that Satoshi Nakamoto is a lonely, quixotic genius who created Bitcoin. But such innovations are not common. All of the major scientific discoveries, regardless of how innovative, were made from research already done. There are several precursors of Bitcoin. Adam Back's Hashcash was invented in Nick Szabo created bit Gold. Hal Finney made Reusable Proof of Work.
Many of the other people mentioned above may have played a role in creating Bitcoin, which is perhaps not surprising. Bitcoin's original inventor may have several reasons to keep their identity secret. Privacy: With Bitcoin becoming a worldwide phenomenon, Satoshi Nagamoto would probably be the subject of much media attention and government scrutiny. Another reason could be that Bitcoin has the potential to disrupt the banking and monetary systems. If Bitcoin were to become widely adopted, it would be able to surpass sovereign fiat currencies.
This threat could make it more difficult for governments to pursue legal action against Bitcoin's creator. Safety is the other reason. Anyone with Bitcoin in their possession could become a criminal target, particularly considering Bitcoin is less like stock and more like money.
Private keys to authorize spending could also be printed out and placed under a mattress. Bitcoin can be used to pay for products or services. Brick-and—mortar stores may display a sign reading "Bitcoin Acceded Here".
The transactions can be made with the necessary hardware terminal, wallet address, or via touchscreen apps and QR codes. This payment option can be added to any online payment method, including credit cards, PayPal, and other options. Many Bitcoin enthusiasts believe that digital currency will be the future. Many Bitcoin supporters believe it allows for a more efficient, low-cost way to transact across the globe.
Bitcoin can be traded for traditional currencies even though it's not supported by any government or central banks. Its exchange rate against the dollar attracts potential buyers and traders who are interested in currency plays. The primary reason for Bitcoin's growth is the fact that it can act as an alternate to national fiat currency and traditional commodities like Gold. They declared in March that virtual currencies such as Bitcoin would be taxed property instead of currency.
Bitcoin is like any asset. You can either buy low or sell high. There are many ways to earn Bitcoin. After Bitcoin's rapid appreciation over the past few years, many speculative investors have taken to Bitcoin. Bitcoin is therefore often purchased for its investment potential rather than its ability as a medium to exchange.
The lack of a guaranteed value and the digital nature of Bitcoin means that its purchase and use are subject to inherent risks. While virtual currencies are still a new concept, they don't have the same track record as traditional investments. Bitcoin is becoming less experimental as it gains popularity. But, all digital currencies are still under development after only 10 years. Digital Currency Group builds and invests in Bitcoin and blockchain companies.
The risk of investing money in Bitcoin is too high. Bitcoin is a competitor to government currency. It can be used for illegal activities, underground market transactions, tax evasion, and money laundering. Governments could seek to regulate, restrict or ban the sale and use of Bitcoin.
Others are working on different rules. In , the New York State Department of Financial Services enacted regulations that required Bitcoin companies to keep track of the identity of customers, have compliance officers and maintain capital reserves.
It is unclear if Bitcoin and other virtual currencies are subject to uniform regulations. This raises questions about their viability, liquidity, and universality. Most people who own and use Bitcoin did not obtain their tokens via mining operations. They instead buy and sell Bitcoin and digital currencies on any of the most popular online markets known as Bitcoin Exchanges or cryptocurrency Exchanges.