Can you adjust bitcoin price for inflation?
Optionally, you can also adjust the bitcoin price return and final price for inflation. We use the CPI-U index, interpolated or extrapolated to find a bitcoin investment’s value on your investment date.
Does bitcoin close?
Note that bitcoin markets don’t "close" in the sense that a stock market might. Bitcoin closing prices are as reported by an exchange. On top of reporting differences, different exchanges may have different bitcoin prices for each date.
Is bitcoin volatile intraday?
On top of reporting differences, different exchanges may have different bitcoin prices for each date. Also, bitcoin can be extremely volatile intraday; note that the prices internal to our tool may be 10% – or more – different than the prices paid by some market participants in the same 24-hour period.
Is bitcoin a speculation?
Bitcoin is a speculation, but potentially lucrative. Do your research. For bitcoins, the time of day any bitcoin was bought or sold makes investor performance vary wildly. As we argued in the 2017 bitcoin return piece, bitcoin is closer to a speculation than an investment.
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