BitBay Bitcoin (in USD) Profile

2,221
USD 39.00  1.73%
Last 1 Month(s)
13882260   
Trading Day 
20802284   
BitBay Bitcoin USD is online market maker for p-2-p internet money called Cryptocurrency. BitBay Bitcoin USD is traded in US Dollars. USD cryptocurrencies are getting increasingly acknowledged by many online vendors as a form of payment for goods or services. BitBay Bitcoin USD has being active in the last 1 month and it is presently trading with a bearish sentiment.

BitBay Bitcoin Summary

BitBay Bitcoin USD (BITBAYBTC) is traded on Cryptocurrency Exchange in USA. The company currently falls under 'Micro-Cap' category with current market capitalization of 33.67 M.
Bitcoin is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 54 exchanges including BTCE, LocalBitcoins, OKCoin, Coinbase, Quoine and Coincheck in multiple currencies such as CNH, GEL, LTC, USD and PHP.

BitBay Bitcoin USD Risk Profiles

BitBay Bitcoin Against Markets

BitBay Bitcoin correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding BitBay Bitcoin USD and equity matching NYA index in the same portfolio. Please note that BitBay Bitcoin USD is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.

BitBay Bitcoin Diversification Suggestion

Use BitBay Bitcoin to protect against small markets fluctuations. The crypto experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of BitBay Bitcoin to be traded at $2154.37 in 30 days
BitBay Bitcoin USD is online digital money exchange where you can buy or sell Bitcoin for US Dollar. Bitcoin is peer-to-peer digital currency powered by the Blockchain technology.
NameBitBay Bitcoin USD
InstrumentUSD Crypto
Exchange TypeCryptocurrency Exchange
BenchmarkNYSE
WebsiteBitcoin
CurrencyUSD - US Dollar
DirectoryCryptocurrency Directory
Coin TypeBitcoin
Market MakerBitBay
AlgorithmSHA256
Proof TypePoW
Latest Date TradedMay 22, 2017
TechnologyBlockchain
Maximum Coin Supply21 M
Mining Start Date03/01/2009
Last Block ReportedMay 23, 2017
Difficulty Adjustment2016 blocks
Block Reward Reduction50%
Current Block Number467.8 K
Average Time To Mine a Block600
Current Network Hashes per Second4.3 B
Total Coins Mined16.3 M
Previous Total Coins Mined0.0
Latest Block Reward 12.5
Current Market Cap33.7 M

BitBay Bitcoin Alerts

Equity Alerts and Improvement Suggestions
BitBay Bitcoin USD appears to be very risky and stock price may revert if volatility continues

Opportunities

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