<p>1 or 2 months ago, 1BTC=120-130$. Today, 1BTC= 900$ at Bitstamp rate. Is that means if I bought BTC 2 months ago and I try to sell them today, I earn 780$ per BTC?</p>

CC BY-SA 3.0
2013-12-13T12:00:20.827Z
This question doesn't seem to be about the current value as much as about understanding how currencies can be exchanged one for another, and how to calculate profit of such transactions. The question is asking to confirm somebody's understanding of the concepts of *unit conversion* and the *rule of proportion*.
Murch
CC BY-SA 3.0
2013-12-13T12:40:10.760Z
This question appears to be off-topic because it is about elementary math, i.e. unit conversion and rule of proportion.
Murch
<exchange-rate>
Question about Bitcoin rate
gilles payet
# Question about Bitcoin rate

(Asked by: username_0 on 2013-12-13)

1 or 2 months ago, 1BTC=120-130$. Today, 1BTC= 900$ at Bitstamp rate. Is that means if I bought BTC 2 months ago and I try to sell them today, I earn 780$ per BTC?

**Tags:** exchange-rate

> **Comments:**
> **username_1**: This question doesn't seem to be about the current value as much as about understanding how currencies can be exchanged one for another, and how to calculate profit of such transactions. The question is asking to confirm somebody's understanding of the concepts of *unit conversion* and the *rule of proportion*.  
> **username_1**: This question appears to be off-topic because it is about elementary math, i.e. unit conversion and rule of proportion.  

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