March 13, 2021: first time 1 BTC = $59,450 USD, or $72,770 Canadian dollars
Today, 1 BTC = $59,450 USD again, but it's $84,526 CAD
The Canadian dollar lost 14% of its value in 5 years in terms of USD (72,770/84,526 = 14%)
The US Dollar has lost an additional 20-25% in that time
So the Canadian Dollar has lost almost 31% of its purchasing power in 5 years (0.86x0.8 = 0.688) 🤯
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Bitcoin has tagged the first downside target, 0.618 retracement. https://t.co/lYySL7RjBR
Bitcoin wave 2 double three formation (WXY) with two tailend options. Possible bottom via blue path is less likely and needs to prove itself. Most likely outcome is least one more low, or grind into the low 50s via pink path to complete wave Y. Ideal 1:1 extension target 52.3k. https://t.co/mviG57dbSe
Preisprognose
Wann ist ein guter Zeitpunkt, um BTC zu kaufen? Soll ich BTC jetzt kaufen oder verkaufen?
Beacon Vorhersage
Probabilistische Preisprognose (nächste 24 Stunden)Diese Prognose ist ein experimentelles technisches Produkt und wird lediglich zu Informationszwecken angegeben. Dies stellt keine Anlageberatung dar. Unerwartete Ereignisse in der realen Welt können erhebliche Auswirkungen auf das Marktverhalten haben. Händler sollten Entscheidungen mit Vorsicht treffen.
How Many Bitcoins Are There?
How Much Is Bitcoin Today?
What Is Bitcoin Mining?
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
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