Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin quantity go down?
by
barbara44
on 30/10/2016, 16:28:27 UTC
I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.

I have contacted the exchange who have said:

Quote
the balance varies according to the prices that are floating

Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?

Any explanations would be great!

I think you are reffering to the value of your btc alongside the value IN btc of your altcoins. thats why its flactuating
I see that too. Bitcoin and altcoin price can only fluctuate due to the forces of market demand and supply but not the quanty you have. For sure, if bitcoin is not in mr A's Wallet then in must have been sent to Mr B's Wallet. Bitcoin quantity cannot go down.