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RE: A Tale about Bitconnect ( or should you invest ? Spoiler : NO! )
Yes, in Fiat I am in the green also but not in BTC which is your "Kaufkraft" in that space. Well you live and learn I guess :-)
Yes, in Fiat I am in the green also but not in BTC which is your "Kaufkraft" in that space. Well you live and learn I guess :-)
Hmmmmm, I am not sure if I can count it like that because, in my opinion, you have to count from your input value which defines the rest of the math.
I think you bought bitcoin with your fiat money in the first place. There you have already a change of object value. Fiat to BTC.
Then you paid with it on Bitconnect or let it be also another site it doesn't matter right now.
For me, the real "Kaufrakt" is not BTC rather than your fiat your input value. Of course, you have again a change of object value on bitconnect (BCC)
The rest we already discussed. Btc might be less but therefore more calculated by fiat if the price goes up. Which is profit or could be profit.
I personally would only count pure from BTC when I also earned it in BTC without changing it in BTC. But if I have to pay by Fiat I have to count it back to fiat.
I would say you should maesure in what you buy in and in case of Bitconnect that is BTC as they dont accept anyhting else but I can see how this could be up for debate
on an unrelated topic: Will you do a breakdown about your big leasing of steem? That would be interesting.