something that is not directly useful (like a commodity) but which can be used as a medium of exchange or a store of value. Essentially, money.
0
votes
3answers
51 views
How do I exchange a cryptocurrency with another?
I have a bunch of litecoins and want to exchange them for bitcoins. What's the easiest way of doing it, without having to sell LTCs first and then buy BTCs?
2
votes
1answer
148 views
Is there any reasonable way to short-sell Bitcoin [duplicate]
It is not an official currency (yet?) but definitely has a market, and as such, I might be intrested in short-selling some. Are there any reliable, way to bet against it?
1
vote
3answers
250 views
What is the point of Feathercoin
The amount of bitcoin-like crypto currencies overwhelms me.
Just few minutes ago I came across FeatherCoin
The problem is that the information on the official site is scarce and the only thing I was ...
-1
votes
0answers
130 views
Is Bitcoin a trending or a ranging market at the moment?
Is the Bitcoin market trending or ranging market at the moment? If so how can i determine whether a market is a trending or a ranging market.
Thanks. :)
1
vote
1answer
118 views
Is there a list of all cryptocoin currencies? [duplicate]
Apart from bitcoin, I know few other crypto currencies (by this I mean currency which works in a similar way to bitcon). They are:
namecoin
lightcoin
ripple
I also heard about SolidCoin, but as ...
3
votes
0answers
46 views
What financial instruments are under development for Bitcoin?
I'm thinking here specifically of instruments that take a Bitcoin-like approach to trusted parties, eliminating them wherever possible and typically built with Bitcoin as their platform. (As opposed ...
-1
votes
1answer
88 views
Which crypto-currency has the most even distribution of wealth? [closed]
Bitcoin, Ripple, PPCoin, Freicoin and most other cryptocurrencies have a significant portion of the currency in the hands of early adopters or a central group charged with 'distributing' the currency. ...
0
votes
2answers
342 views
Calculating the current price of 1 BTC?
I am planning to get into BTC as I have some PC with xfire (7970's) laying around here and I am currently trying to learn more about it; what I would like to first understand is BTC pricing to make ...
1
vote
4answers
392 views
Would bitcoin be destroyed if a wealthy organization obtained a CPU majority for a sustained period?
Inspired by this question ("Could bitcoin be destroyed by an entity cornering the market?") and the top comment on this answer to this question ("How much would it cost to execute a 51% attack?").
...
1
vote
3answers
321 views
Will bitcoins be devalued by competing digital currencies? [closed]
Bitcoin is becoming more recognizable and trusted. But as it's popularity increases, the supply isn't going to change significantly because the supply is fixed to the internal mining algorithm. This ...
1
vote
3answers
567 views
How will other coins like LiteCoin influence market price of BTC? [closed]
More generally, in economic aspect, when new currency are issued, and be accepted by groups of people, how will the new currency affect existing currency, ignoring other factors.
Ex. How will BTC ...
1
vote
1answer
359 views
Pricing bitcoins
Bitcoin functions as a a quasi-commodity currency and I believe it can be priced according to particular factors, variables, instead of simply by the supply and demand in the exchange order book.
The ...
7
votes
2answers
536 views
Is there a way to tell which *coin is most profitable to mine?
Basically a program that could run some hashes for all of the different hash functions that are used in the different big cryptocurrencies and then get the current difficulty from all of them. From ...
6
votes
1answer
191 views
Does Ripple allow one to issue their own currency?
Does Ripple allow one to issue their own currency, similar to how ripples (XRP) were created at the system's inception?
11
votes
1answer
545 views
What is Ripple and how does it compare to Bitcoin?
What is Ripple, and how does the system compare to Bitcoin?
-2
votes
1answer
109 views
Is Bitcoin a fiat currency? [closed]
I often encounter articles where we talk about bitcoin being a fiat currency. What is a fiat money and what is it that bitcoin as to be considered a fiat money.
0
votes
0answers
164 views
How do I echange bitcoins into $ or Euros? [duplicate]
Possible Duplicate:
How can I change BTC into normal cash?
I sold items / goods for bitcoins
How do I eventually exchange these bitcoins for $ or Euro ?
10
votes
4answers
718 views
MintChip and Bitcoin - how do they compare?
The Royal Canadian Mint announced some time ago a new solution called MintChip, which appears to share some similarities to Bitcoin. How do those two projects differ, and how are they similar?
3
votes
1answer
125 views
Is there a way to buy or sell Bitcoins for Iceland Kronas?
Say I was living in Iceland and wanted to convert my local currency to Bitcoin and back. What are my options?
1
vote
2answers
171 views
Virtual currency used as alternative currency
Would it be feasible for a virtual currency to be used in the same way as alternative currencies such as Berkshares and Brixton Pounds ? Furthermore, do you think it is possible to make it independent ...
2
votes
0answers
49 views
Encouraging virtual exchange and independance from hard money? [closed]
With all the talk of economic sustainability and the dangers of infinite growth how do you think a virtual currency could be used to encourage the trade of virtual goods ? Or possibly a more efficient ...
3
votes
1answer
101 views
Can OTC help lessen the cost of slippage and exchange rate risk?
Obviously one can transact currency via buying BTCs on an exchange transacting them to another person which itself sells the BTCs received on an exchange - this would limit the possibilities of ...
10
votes
8answers
1k views
Could bitcoin be destroyed if an entity cornered the market?
I know the US Government is opposed to competing currencies. It seems that it would be a rather simple solution for them to destroy Bitcoin before it grows too much by merely buying all the currency, ...
3
votes
5answers
381 views
Does bitcoin improve on “hard” currencies in any way?
Question is in the title. Anyone who's toyed sufficiently long enough on the foreign exchange understands that currencies are largely driven by sentiment or manipulated on the odd occasion. Plus, ...
8
votes
3answers
146 views
What is the preferred way to denote orders of magnitude in BTC?
If I have 36,235.97 BTC, would I shorten that by writing that I have 36.2k BTC or would I write 36.2 kBTC?
It seems that latter is proper for SI units, while the former is used more often for money, ...
10
votes
3answers
885 views
Is Bitcoin a currency?
This question seems to be asked every now and then when legal status of Bitcoin is discussed - Is Bitcoin a currency? What are the characteristics that would make it a currency, and what makes it ...
4
votes
2answers
733 views
What is the most effective way to buy bitcoin from swiss francs? [closed]
The most effective way I could find so far was Mt.Gox. The costs that are involved are still quite prohibitive. But this then boils down to the question: what is the most effective way to get your ...
5
votes
3answers
2k views
How can I get a new Bitcoin exchange up and running?
I would like to have a Profit Points <-> Bitcoins exchange. The exchange could either be developed and run by contributors of Open-org.com or be created by an existing Bitcoin exchange. I have, ...
3
votes
3answers
937 views
What's the simplest way to deposit BTC into US Banking account with minimal fees?
I've been looking through the bitcoin wiki and googling isn't providing any useful results. Basically I'm looking for some way to deposit my BTC into my US bank account. Is there any service that can ...
10
votes
9answers
11k views
How can I change BTC into normal cash?
Can you eventually hold the bitcoins in your hand, like real cash dollars or euros or something? If so, how?
I've went about all the service previews and introduction videos (actually, a video), and ...
10
votes
3answers
433 views
How can I convert Bitcoins for withdrawal to PLN
For years we've been paying exorbitant fees just to transfer our own hard-earned money from one country to another. I'm in Poland at the moment and find I need to transfer funds from my US checking ...
8
votes
2answers
528 views
Are there physical Bitcoin?
I have seen several folks selling "bitcoins" on Ebay and the like - but they are made of base metal and have no real connection with the bitcoin concept other than the symbol.
I'm wondering if some ...
11
votes
3answers
781 views
Can I use Bitcoins in a game?
In many games, such as Lord Of Ultima, players can purchase a special type of currency with real money, as opposed to earning it in a game. This currency is then used to purchase premium items and ...
4
votes
3answers
273 views
Cryptocurrency with less deflationary properties
I wonder what is the benefit of having Bitcoin reduce the coins mined per block over time?
Suppose a slightly less deflationary growth scheme was possible (and keep other properties that make Bitcoin ...
0
votes
0answers
139 views
How does namecoin compare and contrast to bitcoin? [duplicate]
Possible Duplicate:
What are Namecoins?
It seems to me, a bitcoin newbie, that namecoin is something entirely different but has some similarities. I would like to hear it from the bitcoin ...
4
votes
2answers
361 views
What is needed for Bitcoin to become the reserve currency of the world?
Bitcoin's characteristics seem to make it a prime candidate as a reserve currency, given it has fast transactions to anywhere in the world at a low cost with little to no price manipulation or ...
4
votes
2answers
293 views
What are the qualities of a country that might make it more or less likely to freely allow Bitcoins or crypto-currencies?
As some examples which seem logical to me, but should only be taken as examples:
A government that is susceptible to commercial lobbying is probably more likely to be pressured by banks to disallow ...
7
votes
2answers
632 views
Trading between different cryptocoins
Is there a website that allows one to trade multiple different cryptocoins (Bitcoins, Namecoins, SolidCoins, RuCoins, LiteCoins, etc) all in one place?
10
votes
2answers
1k views
What are Namecoins?
What are Namecoins exactly, how do they differ from Bitcoins, and how come one is able to merge mine them along with Bitcoins?
5
votes
4answers
453 views
Can Bitcoin software be used to create a private currency (single issuer)
I understand Bitcoin software can be used for private currencies. Can it be used to create a private currency (the NewCurrency) where there is only one issuer of NewCurrency and any monies raised are ...
4
votes
1answer
149 views
Can we interpret a rolling average transaction count per block as the 'adoption curve' for Bitcoin?
It is widely accepted that Bitcoin is both a transaction network, and a currency subject to speculative market action like established fiat currencies. In a sense, it is a transaction network with a ...
2
votes
2answers
405 views
Could speculation some day rise bitcoin to the moon? [closed]
I saw too many questions about bitcoin losing value.
But in my view, 21 million bitcoins is relatively less money (ie., units) than other currencies. Why wouldn't Bitcoin's value rise simply due to ...
7
votes
2answers
406 views
How can determine the fundamental theoretical value of the Bitcoin based on steady state daily velocity (BTCDD)?
The VISA network (VisaNet) supports 4.4 Trillion dollars of commerce per year (2009). If we assume (somewhat arbitrarily), that the Bitcoin Days Destroyed metric approaches 50% (half of all coins are ...
9
votes
1answer
250 views
If Bitcoin is ratified as a currency would its code be BTC?
At present it seems that the de facto code for bitcoins seems to be BTC. There has been some discussion of this over on the forums and an entry on Wikipedia, but I thought I'd ask the question here to ...
18
votes
5answers
506 views
What cryptocurrency systems predate Bitcoin, and how do they differ from it?
Although Bitcoin is certainly making strides as the first cryptocurrency to enter (comparatively) widespread use, cryptocurrency has long been a topic of discussion in fiction and academia. What ...
15
votes
5answers
643 views
Are Bitcoins destined to forever increase in value?
The idea of a currency with a limited number of units seems to me to be fundamentally different to existing currencies. While other currencies are generally based on permanent inflation - more ...
15
votes
7answers
548 views
Is there a way to set up proof-of-work systems so it would be even more useful?
One of the arguments made against bitcoin's design choices is that is wastes resources authenticating transactions. In particular, finding small hashes is completely useless for the world.
Are there ...
9
votes
2answers
266 views
Decentralized transactions between two decentralized currencies
Currently, bitcoins and namecoins are implemented using the Bitcoin protocol. And there might be several reason for new block chains to appear, but this is not the subject here.
As far as I know, ...
-1
votes
1answer
320 views
Could Bitcoin work as a world currency? [closed]
We've seen the issues taking place with the Eurozone, notably that countries who share monetary union seem to ultimately need to share economic union, which tends to lead to political union.
Is there ...
14
votes
6answers
379 views
Will forks and alternative block chains cause hyper-inflation of decentralized digital money?
Great effort has been put into Bitcoin's concept of money supply and that there will never be more than 21 million units.
However, it's relatively easy to fork it and create alternate block chains. ...
