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Why Use Bitcoin?

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Written by CryptoRunner Team

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Reviewed by Unknown

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Edited by CryptoRunner Team

Last Edit

Last Edit Apr 26, 2022

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Gina
Gina

I have mycelium as my wallet and has three keys ... I don't know what it means but I'm all 3 accounts I can send or recieve.. so when I have money in my wallet, the usd cost goes either up or down. If it goes down daily, I lose money. I thought the amount I ha e in my wallet would stay the same, but it goes up and down over time so I use it all at once to pay for something. Why does it do that? Please help anyone.

Oct 21, 2022, 08:57 AM

CryptoRunner Team
CryptoRunner Team

Hello Gina, Thanks for your message. This is because your wallet calculates the value of your cryptocurrencies in USD. The amount should be the same, but the value of your crypto may go up or down daily. Hope that answers your question. We are available here! / CryptoRunner Team

Oct 22, 2022, 02:55 PM

Paschal Nwogwugwu
Paschal Nwogwugwu

What happens to the account of a BTC if he dies?

Oct 21, 2021, 04:05 AM

CryptoRunner Team
CryptoRunner Team

Hello Paschal, Thanks for you comment! If the owner of a Bitcoin account passes away without passing their private key, the Bitcoin will remain on the blockchain with no way of being used again. However if the bitcoin account is on an exchange you may be able to get access to it afterwards, but the process might be complicated. / CryptoRunner Team

Oct 21, 2021, 06:56 AM

Lewes Wotton
Lewes Wotton

Excellent post. I certainly love this site. Continue the good work!

Sep 16, 2017, 05:52 AM

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