I have heard from friends who invested in Bitcoin and read in some blogs that 1 Bitcoin is equivalent to 1 Million in Philippine Peso. However, considering the inflation rate, as well as the law of supply and demand, does the value of a Bitcoin change? How much is 1 Bitcoin worth?
As of now bitcoin's value is 7,819.01 US Dollar and if you convert it on philippine peso its value is 403,813 pesos.