refers to the rate at which two currencies are exchanged one-for-another.

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-2
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0answers
19 views

Who will be the one to declare the current price equivalent of Bitcoin? [duplicate]

I know the basic of bitcoin concept in fact I am the user of small amount of bitcoin. I know that Bitcoin price is determined by supply and demand. When demand for bitcoins increases, the price ...
3
votes
1answer
40 views

Is there a calculation for exchange rate stability?

Exchange rate stability can be used as an indicator to determine how consistently you will earn the same profit over a period of time when mining a cryptocurrency. My current thinking is that a chart ...
3
votes
3answers
141 views

Generating a Bitcoin Address QR code with current USD price embedded?

I'm creating a Bitcoin QR link with my website, but I want to be able to just link to a page that generates the QR code with the current USD price equivalent of BTC in the QR. I tried blockchain.info, ...
1
vote
0answers
26 views

Where can I get a complete, 1-minute precision OHLC data for the BTC/USD trading pair?

I need that for a charting application. Is there any place providing that data for free?
0
votes
1answer
50 views

How do I purchase Bitcoins? [duplicate]

Way too complex. Give me an actual example as to how this works? For example; How do I purchase bitcoins? How much do they cost; is there an exchange rate? How do I redeem them; turn them back into ...
1
vote
2answers
5k views

Halving reward, price effects? [duplicate]

What is the case after halving reward takes place: Would bitcoin price gets double, since its harder to mine? Would Blockchain introduces more blocks (e.g: 1/5mins)?
4
votes
1answer
74 views

Will people not spending their Bitcoin cause Bitcoin to fail? [duplicate]

Everyone I know that owns Bitcoin (including myself) seems to plan to sit on it until it becomes widely accepted/used and the price sky rockets to a ridiculously high value (100000 dollars each). It's ...
2
votes
1answer
52 views

What explanations are there for the bubble of 2013 and subsequent Bitcoin price in 2014?

I'm having a look at the price history of Bitcoin/USD, and there's a significant spike around the end of 2013 (to USD 1137), followed by a very volatile year in 2014 that ended with Bitcoin around USD ...
4
votes
4answers
83 views

Bitcoin taxes question for USA

If one were to receive Bitcoins then immediately use a conversion service (for example to PayPal) would gains/losses need to be recorded? If so, is there any software that can do this automatically? ...
3
votes
3answers
78 views

How would Bitcoin's purchasing power be measured after fiat were gone?

Somewhere in the possible near/far future when there might not be any major fiat anywhere. What will Bitcoin's purchasing power be measured in?
10
votes
2answers
599 views

Digital currencies pegged to dollar value

Some digital currencies, like NuBits, declare that they peg their value to dollar or other fiat currency. How does this work? Under what conditions this can work? Can this be distributed, or does ...
2
votes
4answers
193 views

How can I find out the current exchange rate of Bitcoin/USD?

What is the value of 1 bitcoin in USD, today? Where can the exchange rate be looked up?
-2
votes
1answer
121 views

How much will one bitcoin cost when the 21 millionth bitcoin (the last one) is mined? [closed]

How much will one bitcoin cost when the 21 millionth bitcoin (the last one) is mined? All I know is that the price is supposed to only get higher the fewer coins there are to be mined.
1
vote
1answer
112 views

If price increases over a time period, what is the best explanation(s) if hash rate goes down?

The price of bitcoin is up ~30% over the last three months, but the network hash rate is only up ~5%. How can this be explained? I assume that new, highly efficient mining chips have been produced ...
0
votes
1answer
103 views

What do the red and green blocks mean in a price chart?

What do the red and green blocks mean in this price chart? Source: Tradingview
0
votes
1answer
44 views

Transaction for real use / transaction for changin Bitcoin in other currencies?

How can I calculate the ratio between this two type of bitcoin transaction? Is it correct divide the total volume USD of the data at this link: http://data.bitcoinity.org/markets/volume/5y?c=e&r=...
1
vote
2answers
135 views

Who determines the value of BTC vs USD? [duplicate]

How is the data collected to determine Bitcoin's value? And who determines the exchange value of Bitcoin in USD? This question isn't really answered, no matter how much I research. I want to know the ...
-1
votes
1answer
91 views

How can I take the exchange rate (1-Crypto-to-USD) and convert it to the other direction? (1-USD-to-Crypto)

My Question is below: I get the value of one USD's amount in bitcoin using the last value from btc-e (In case someone finds this useful..) The btc-e api call is https://btc-e.com/api/3/ticker/...
3
votes
2answers
318 views

Why is the exchange rate of Bitcoins the same for everyone?

If I open Google and type 1 Bitcoin to Dollar I'm returned with a number (as of writing, "1 Bitcoin equals 246.09 US Dollar"). But where does this number come from? Given the decentralized nature of ...
0
votes
1answer
66 views

bitcoinaverage.com price precision

i noticed that from the 13th of feb 2015 the bitcoin price becomes a lot more "noisy" on bitcoinaverage.com: does anybody know whether this is actually due to bitcoin price movements becoming more ...
-1
votes
1answer
103 views

How do I calculate a hypothetical trade? [closed]

Say I had 1 Bitcoin at the start of the trade yesterday @ 01-27 14:29 and the price was USD : 263.95872470902 So, I sold the whole Bitcoin at the average price Then @ 01-29 10:57 I ...
0
votes
1answer
57 views

Transaction Duration

Given the volatile bitcoin value, how long is a transaction valid? For example, say a vendor requires X fiat currency via a bitcoin service provider. The service provider link (ie, coinbase.com) ...
7
votes
6answers
6k views

Why did Bitcoin lose value so fast in early January 2015?

What on earth is driving the price of Bitcoin and other alternative currencies down lately? It's one thing for it to go down a bit but losing practically 80% of its value in less than a year? I feel ...
2
votes
1answer
162 views

Creating your own Bitcoin price ticker

Say that you wanted to build your own Bitcoin price ticker from scratch, and not rely on other tickers; how would you go about that? What variables would come in to play? How would you gauge the ...
1
vote
2answers
96 views

How do I make Mulitbit show the exchange rate?

I recently started using Multibit and today when I opened it the app wouldn't load exchange rates on any of my wallets. It shows my balance but not the value in dollars. I have it set to do so but ...
0
votes
2answers
142 views

Question about BTC-E fee's

I'm looking into trading on btc-e but can't find too much info on the trading fees. All I see is a general 2%. Is there a fee for trading btc in or out? What else is there? What's the 2% calculated ...
2
votes
1answer
276 views

Get available exchange rates of Ripple's built-in exchange

I'm not hundred percent sure I got the whole principle of Ripple right. But as far as I could understand it is possible to deposit a currency into my ripple account/wallet via a gateway (e.g. USD via ...
0
votes
1answer
99 views

using coinbase with uc_bitcoin drupal module

I need a simple hack to change the Drupal uc_bitcoin modules code so it gets the exchange rate from Coinbase, it is designed to use MtGox. I want to avoid using the entire coinbase API because I just ...
1
vote
2answers
169 views

Is bitcoin an effective way to receive international payments? [closed]

I live in the UK with a GBP bank account, and recently I need to receive an amount of $115.92 from a contact in the US. We looked at a few options: International bank wire: instant no go as his US ...
0
votes
2answers
106 views

Who give initial value to Bitcoin? [closed]

I know how the process of changing BTC price ​​occur, but I curious as to what gave the initial value to BTC and whether the price of another cryptocurrency refers to the BTC? How would I replicate ...
0
votes
2answers
40 views

Where does one obtain the most widely accepted Bitcoin/Euro exchange rate?

I want use Bitcoin to make a purchase from a private seller in another country. The good which I want to purchase is priced in Euros, so I need a Bitcoin/Euro conversion rate which both of us must ...
1
vote
1answer
128 views

what would it take for the Bitcoin price to drop less than a dollar?

I don't understand why the prices have actually dropped these days so much. Some forums say that people are selling, so what? People are selling, and people are buying, the bitcoins don't disappear ...
5
votes
1answer
452 views

What are some of the proposed ideas to why the Bitcoin dropped to sub $400 in the end of summer 2014?

Having seen that BTC was around $600 early summer of 2014 (May-July). It is currently almost 50% of that value. I read many varying reports of the cause of such a big drop. Can someone give a list of ...
1
vote
0answers
50 views

How does one calculate the profitability for a coin?

Given, a coin has difficulty 'd', an exchange rate 'x'/BTC or 'X'/USD, and given that my hardware can do 'y' MH/s (scrypt), how would I determine the best coin that I could mine? Do I need to consider ...
0
votes
1answer
57 views

Bitcoin packages

Are there any bitcoin package/librairies in popular langage that would make the recuperation of prices easy ? I have the exemple of the Quantmod package for R that allows you to get market data from ...
0
votes
0answers
41 views

Quantitative Finance and Bitcoin

I am looking for some reference on the Bitcoin market from the perspective of quantitative finance. How does the market in general compare to other financial markets? Is it a foreign exchange or ...
1
vote
1answer
80 views

What are some possible causes of the BTC-e 'flash' crash?

What circumstances made this possible? What entities or major factors could be the cause?
1
vote
2answers
197 views

What is the current actual cost of mining 1BTC? [closed]

Bitcoin is going down right now. It's about 500USD/BTC. I wonder what is mental support price for miners under which they would prefer to buy btc instead of mining it? That would be more or less ...
3
votes
1answer
80 views

Sell order in Bter is incorrect

In Bter I created a sell offer with DOGE/BTC, it seems the calculation is wrong. They have not deducted the transaction fee. I have included 2 screen shots and anybody know the same or experience the ...
1
vote
1answer
43 views

Are there any instruments that I can use to trade bitcoin volatility?

In the stock market, there are several financial products that allow an individual investor to trade/hedge daily volatility? As an example, there is the VIIX. Are there any such financial products ...
3
votes
2answers
85 views

$10 worth of DRK

With https://blockchain.info/tobtc?currency=USD&value=10 I find that $10 = 0.01724138 BTC And with https://data.bter.com/api/1/ticker/drk_btc I find that 1 DRK = 0.017669 BTC How can I get ...
-1
votes
1answer
50 views

With MtGox gone, how can I know the current price of a bitcoin? [closed]

Firstly, I acknowledge that there is no official bitcoin price and it is market determined, but I have seen various websites quote the current price of bitcoin and so on. In the past my bitcoin ...
2
votes
1answer
70 views

Cryptographic “Central Bank” [duplicate]

Is it possible to create a bitcoin-like system that has a central authority? I know that the reason that many people like bitcoin is that it is completely unregulated, but I was thinking that a "...
2
votes
1answer
76 views

How do goods & services sellers manage price instability?

How do retail outlets manage the massive price instability? Are they really repricing every second with 25-50% spikes and drops over 24 hours? How much does it cost to maintain accurate prices? ...
1
vote
2answers
278 views

How does cryptsy.com allocate trades for many orders with same price

How does cryptsy.com allocate trades for many orders with same price ? Orders can come from one or many accounts, my question applies to both situations, but it's obviously more interesting how they ...
0
votes
2answers
188 views

What could be causing hourly bitcoin price spikes?

The price spikes every hour, on the 26 minute mark: https://bitcoinaverage.com/charts.htm#USD-averages-1d (Although it seems like spikes do not show up for some people/browswers. Her is what I see: ...
1
vote
3answers
208 views

Do payment processors who convert bitcoin to dollars (like Coinbase and Bitpay) devalue bitcoin?

My understanding is that Coinbase and Bitpay process payments made in BTC. They receive BTC from a buyer (for example someone buying patio furniture) and send USD to merchants who don't want to keep ...
3
votes
2answers
180 views

Getting historic exchange data through an API

I'm trying my hands on a trading bot, but I need a website to pull trade data for min. the last 3 days. This can be from any major exchange. Eg. the exact same as this: https://www.bitstamp.net/api/...
1
vote
0answers
32 views

Prices and numbers of transactions

At https://coinbase.com/charts we see that $/BTC ratio has been pretty steady for the past week, while the number of transactions per day has plummeted from more than 120,000 to fewer than 27,000. I'...
3
votes
3answers
766 views

How can Auroracoin be the 4th crypto-coin by market cap if it's unreleased yet?

Auroracoin has become the 4th biggest crypto-currency measured in market capitalization. How can an as-yet unreleased coin have market value if it's not available for exchange (either for fiat or for ...