How does CoinDesk calculate Bitcoin & cryptocurrencies?

CoinDesk's Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets.

What does a billion Mean?

The meaning of a billion is one thousand million (1,000,000,000). This figure was principally declared as the billion in American English, and was then adopted as the common measurement for billion in British English in the 1970s. To give you some monetary context, if you were to earn $100,000 per year it would take you 10 years to earn $1 million.

What is the crypto investment calculator by coinstats?

The Crypto Investment Calculator by CoinStats will make your calculations of crypto profits and losses significantly easier and faster. With this straightforward tool under your belt, you can successfully plan your investments or even daydream about the profits you could make if you had invested in Bitcoin or another coin some time ago.

How do I use the bitcoin return calculator?

The bitcoin return calculator uses data from Bitfinex via Quandl as well as historical bitcoin return data from Bitcoinity. There are only a few options when using the bitcoin return calculator, but any small adjustments can have major effects on your results. Starting Investment ($): The dollar amount invested in bitcoin on the 'Starting Date'.