How much do you think a 60 usd bitcoin (BTC) is worth right now? 60 usd to btc is a question I get asked quite often. While the price of BTC has decreased dramatically over time, it has also decreased quite significantly in value. However, when you look at the price as a historical perspective, BTC is still a viable option for holding large sums of money.
The question to ask yourself is whether you can afford to hold 60 usd BTC. If you can’t, then the only other alternative is to hold it on exchanges like Poloniex where it won’t lose so much value. If it’s a reasonable amount, then it makes a great option for holding large sums of money.
As someone who has a stash of $500,000.00 USD, I am sure it would be a pleasure to hold BTC on a day like today as it has increased dramatically in value. However, my stash is not a large one, and I am not sure how I would hold it if I had the money to do so.
With no other options for storing large sums of money, if you already have a lot of BTC, then it makes sense to hold it on an exchange.
A single exchange is an easy and safe option for holding large sums of money, especially when they have plenty of coins for customers to trade. For example, with over $9,000 in USD, you could do this with Bittrex. Just be wary of the prices that are being offered for BTC. You’re better off holding on BTC’s main exchanges, like Bittrex or Coinbase, which are in China, for the time being as this is just an option.
In the long run, the more BTC you have, the less likely it is that the next coin will be worth much. That’s why Bittrex and Coinbase are so great. They allow you to keep a large amount of BTC safely on deposit, and then sell it off at a higher price at a later date if you decide to buy more BTC.
However, at the moment it seems that a lot of the big exchanges have stopped accepting BTC as well. I don’t have much information on what is happening with this, but I’m guessing that the reason is because the Chinese government wants to stop cryptocurrency mining which is a big source of income for them. In China, the government regulates the mining industry.
While this may seem like a reasonable way to protect the miners from the Chinese government, it is also a very expensive way to ensure that you and others can sell BTC and not have to deal with the government. It’s a tradeoff, since the more you can sell at a higher price, the fewer Bitcoin you need to earn in order to make enough to buy.
The Chinese government is very interested in Bitcoin. It could be that it is a way of making a quick buck. The fact is, the price of Bitcoin has been skyrocketing lately. I think most Bitcoin users will tell you that it is a great money, but it is also high risk. The Chinese government is also interested in Bitfury, another Bitcoin mining company. A lot of companies are trying to get in on the Bitcoin mining business.
Yes, the Chinese government could be trying to make a quick buck by regulating the Bitcoin economy. But it could also be that it is looking to stop Bitfury from getting in on the mining business. It could be that the Chinese government is also trying to get in on the Bitcoin mining business, and is looking for Bitfury’s technology to help it in that attempt.
