Bitcoin core not updating my bitcoin balance

[jwi5]

Hi,
I am new to bitcoin core and confused about something. My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that? Is my application still running properly? Thanks.

[OmegaStarScream]

Hi,
I am new to bitcoin core and confused about something. My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that? Is my application still running properly? Thanks.

What do you mean exactly by that? It should show you the bitcoin value. So whether 1 BTC is 25k or 45k... It should show you 1 BTC either way and as far as I can remember, there's no display for USD (or any other fiat) currently.

Now, if you think the final balance in BTC does not reflect your transactions, then that's another problem. You can start by trying to check your addresses in a block explorer and see if the balances match or not.

[Zoomic]

but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin.

How do you mean by new price of bitcoin?
Do you mean bitcoin is dollar equivalent? Like changing from 27,234.26 to 28, 187.25?
You are using the bitcoin network software and not an exchange.  0.1125 btc could only change to 0.1222 btc when you own more bitcoin.

[Yamane_Keto]

Hi,
I am new to bitcoin core and confused about something. My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that? Is my application still running properly? Thanks.

Did you check your address in the block explorer? The value that appears there is the real value, if what appears in bitcoin core is different, then it is most likely a synchronization problem.

bitcoin core is not a wallet for beginners you can use electrum for now

[MusaMohamed]

My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that? Is my application still running properly?

Bitcoin Core does not support to get price from exchanges and calculate an equivalent price for your bitcoin.

Your Bitcoin Core wallet runs properly.

If you want to check its value in $USD, you can copy that Bitcoin address to block explorers and check the balance.
List of useful Bitcoin block explorers (1miau).

You can import that Bitcoin address to Electrum wallet and get a Watch-only wallet.
Download Electrum https://electrum.org/#download

Create a new wallet
Import Bitcoin addresses or private keys
Paste your Bitcoin address
Next
Set a wallet password
Next
You will have this notification

This wallet is watching-only. This means you will not be able to spend Bitcoins with it. Make sure you own the seed phrase or the private keys, before you request Bitcoins to be sent to this wallet.

You will be able to check that address value in $ or any fiat currency. Customize it with some steps
Tools
Preferences
Fiat
Choose fiat currency you want
Choose a source from which the Electrum wallet will get Bitcoin price to calculate that address balance value.

https://bitcoinelectrum.com/creating-a-watch-only-wallet/

[nc50lc]

My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that?

What is "Bitcoin Core 2" application?
Are you using "Bitcoin Core" or another client with a suspicious name? Because Bitcoin Core doesn't have an official "2" variant.

As for your bitcoin balances in the overview, it wont automatically get interest/deductions based from the market price.
Even in other clients, your (for example) 1.00BTC wont become 1.01BTC just because Bitcoin's price rose, it doesn't work that way.

[NotATether]

It is unlikely that Bitcoin Core will ever gain fiat display capabilities because that information is only with crypto exchanges and 3rd-party APIs that in many cases charge a high fee for access, so API keys are not practical (neither are the rate limits). Besides, it undermines the notion that Bitcoin is independent currency, that does not need the dollar or any other fiat currency in order to be meaningful.

[Agbe]

Hi,
I am new to bitcoin core and confused about something. My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that? Is my application still running properly? Thanks.

If the application is not running properly, then you have to update it from the bitcoin core website or you can use google play store to update to the latest version of the app. There are some times that the app is not synchronizing to show the bitcoin Ballance in the wallet because the app need to be updated.

[BVeyron]

Hi,
I am new to bitcoin core and confused about something. My bitcoin core 2 application on my mac is fully synced, but my bitcoin balance on the overview page of the application is not updating based on the new price of bitcoin. Why is that? Is my application still running properly? Thanks.

It can happen due to BTC price changes, all the price estimates in USD can change due to price fluctuations. So I think it's not a problem, unless the sum in BTC changes. Moreover, some wallets are now testing functions like "showing the balance in USD", test failures can also be the cause of price changes.

[nc50lc]

-snip-

It can happen due to BTC price changes, all the price estimates in USD can change due to price fluctuations.

It can never happen because Bitcoin Core doesn't have a USD value displayed in the "Overview" tab.
OP is most likely expecting that his BTC balance will fluctuate based from the market price of Bitcoin.