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1  Economy / Economics / Re: Question on Bitcoin fluctuation on: December 15, 2017, 05:13:10 PM
Sorry for the wait guys I just want to thank all of you for getting back to this cause I was just really confused and just needed nudging towards the right direction.

The actual price I bought the bitcoin at and the amount I purchased was $52 worth when the price of one Bitcoin was $7,853.49, but spent 16 odd dollars along the way

at this moment right now I have $92 worth (0.00524871)


Bitcoin at the time of this reply is at $17,600.01









Sorry for the confusion, the first post I made was just a scenario I set up in my head to clarify some things.
2  Economy / Economics / Re: Question on Bitcoin fluctuation on: December 15, 2017, 07:07:20 AM
I'm still a little confused, partially because I am using Coinbase and these coins have been on there since the price I said above and its still saying that I have only $91 dollars worth of BTC.
I think this is what is confusing me, is this right I have no clue

Thanks for getting back Smiley
3  Economy / Economics / Question on Bitcoin fluctuation on: December 14, 2017, 10:52:40 PM
Hey there just had a really important question regarding how bitcoin fluctuation can affect what I have in my wallet at any given time.
For instance, say I have $86 worth of Bitcoin in my wallet and I bought it when it was about $7,000 for 1 Bitcoin, then the price jumps all the way up to $16,000 for 1. Shouldn't this effect what I had in my wallet? The $86 dollars worth would either increase or decrease depending on the situation?

Thanks.

P.S. kind of a newbie

use coinbase
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