the rate at which a currency can be exchanged for another currency or a good or service.

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19 views

How to determine coin's for ROI

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 best coin that I could mine ? Do I need to consider ...
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1answer
29 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 ...
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0answers
16 views

Bitcoin in light of quantitative finance

I am looking for some reference on the Bitcoin market in light of quantitative finance. I am interested in some things: The market in general, how is it compared to other financial market ? It is a ...
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1answer
56 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?
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2answers
107 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 ...
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1answer
29 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
70 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
38 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
48 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
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1answer
53 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? ...
0
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0answers
30 views

Vertcoin Node.js programming

This is an npm (node.js) module for connecting to an exchange https://www.npmjs.org/package/btc-e I was wondering if there is anything out there for connecting directly to Vertcoin To buy/sell ...
1
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2answers
152 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 ...
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2answers
146 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: ...
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3answers
103 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 ...
1
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0answers
29 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. ...
1
vote
4answers
136 views

Why are there different prices for bitcoins between exchanges? [duplicate]

Ive been looking around at the prices for bitcoins at various different exchanges and they all seem to have slightly (or wildly) different prices, why? Thanks.
2
votes
1answer
251 views

Where can I get tick by tick historical BTC price data?

Where can I get tick by tick historical price data for BTC? (There are some similar questions, but I am looking for high-resolution data, while the previous questions asked for lower resolution data, ...
3
votes
2answers
504 views

Huge price difference between mtgox and others - why?

I know mtgox is imposing halts of withdrawals at the moment but i just cant understand this chart (see bellow - taken on 21.2.14 21:37 GMT), surely if i can buy btc on mtgox and A) Then spend them ...
4
votes
2answers
109 views

Is price volatility necessarily a bad thing?

Discussions of BitCoin as the potential basis for a future global monetary system often point to the currency's price volatility as a shortcoming. Fiat currencies, by comparison, are (mostly) a lot ...
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2answers
254 views

How the BTC-e could dive to 102 points (from 700) and the recover back to 700

At around 10.00AM of 10th Feb, BTC-e had hit the low level of 102 USD/BTC from 700 USD half hour before. How is it possible at all? And even after such a big dip, how did the market recover and ...
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votes
1answer
86 views

how to determine bitcoin price [duplicate]

I want to know how the price is determined daily for bitcoins. I know that exchanges determine it based on the exchanges that happens in their bitcoin-exchange site. But lets take there is a new ...
0
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1answer
222 views

How mtgox and bitstamp calculate the bitcoin price?

Trading platforms like mtgox and bitstamp display the current bitcoin price on the top. How they calculate that and what effect it has when trading? What labels Last|High|Low and Vol actually mean?
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1answer
51 views

Is the date here true for live bitcoin and altcoin prices?

i found this site: http://coinmarketprice.com Its pretty easy to navigate i like it. Are the list there true for market caps of the coins and are the live prices for bitcoin and other altcoins are ...
1
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0answers
31 views

Avoiding price fluctuations when transfering money

I would like to buy bitcoins in one currency and withdraw them in another at the exact price I bought them at - same day (I want to avoid all risk of fluctuating prices). Is there somewhere that ...
3
votes
1answer
58 views

What factors can be looked at in order to come to a fundamental valuation of Bitcion?

I'm wondering if current prices are high or low. Most people I talk try to explain to me how the price chart looks like (just like at the other bubbles, right?)... Is there any means how we can do ...
2
votes
2answers
1k views

Where can I download BTC historical ticker data?

Where can I download historical data for Bitcoin price for mtgox? In this 2 Year old thread: Where can I get historic data series of Bitcoin prices? The described solution is as follows: download ...
1
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1answer
164 views

What does influence Bitcoin price so much?

Please, make a hint why bitcoin price fluctuates so much almost every day. Is this fluctuation artificial? How is it organised? As far as I know, there are already 12 million of bitcoins. On stock ...
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4answers
354 views

Is there a Bitcoin price alert application that can use data from BitcoinCharts.com?

Is there a Bitcoin price alert application that can use data from BitcoinCharts.com? Something like a windows desktop alert is what I have in mind. I need this as I am trying to monitor prices of ...
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2answers
369 views

Which rate is the best rate to go by for Bitcoin prices

There are so many exchanges and local exchanges out there. If I want to buy a bitcoin, how do you decide which value to go by? Some of these exchanges vary from few dollars to $200 difference. I know ...
0
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1answer
219 views

Understanding Bitcoin prices

I followed the prices of Bitcoins during this day, but I am actually very cofused as to why Preev reports it always about $70-$100 less than Bitcoinity. News websites say the price soared to $900 ...
0
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1answer
196 views

Alternative: Mining scheme driven by logistic function

Could a mining scheme driven by logistic function bring a greater price (= exchange rate) stability to a crypto-currency in comparison to Bitcoin for example since it better models natural growth? ...
0
votes
1answer
275 views

Is it correct to assume that the price of cloud GH/S will vary proportionally with the difficulty change?

For example, today on CEX.IO I can buy 1 GH/S for 0.08 BTC. From my understanding, a change in difficulty is imminent and will increase roughly by 20% (http://bitcoinwisdom.com/bitcoin/difficulty). ...
3
votes
1answer
218 views

What would kill Bitcoin?

Other than banning it, what is the biggest risk to the price of Bitcoin? What circumstances may kill Bitcoin or bring it down to less than $10?
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1answer
308 views

When will price of BTC go below 100$? [closed]

Currently the price of 1 btc is more than 300$ at the time i wrote this. But , I had sold 5 BTC when the price was at 130 $ . I planned to buy them back when the price declined. But it never did. Can ...
4
votes
4answers
1k views

What is the Bitcoin spot price and how is it calculated?

I was offered to buy Bitcoin for today's spot price (MtGox to be specific). So, I am wondering, what is the spot price and how is it calculated? Is there a standard tool to look it up?
2
votes
1answer
104 views

Pricing in “Bitcoin days destroyed”

Is it possible to use "Bitcoin days destroyed" as unit of currency? If yes, how to price anything using this? If no, why not?
6
votes
2answers
409 views

What is the cheapest device that can run a proper bitcoin client?

What is the cheapest hardware device that can run a proper bitcoin client that can participate in the P2P network?
3
votes
1answer
449 views

Bitcoin's real-time Buy and Sell price API

What is the API to get Bitcoin's real-time Buy price and sell price on my site? and how can get it from to implement in my website developed in PHP.
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votes
1answer
45 views

Are there any example of Bitcoin being used for IOT application?

I am looking for examples of Bitcoin mining being integrated into embedded systems so that a by product of the services being provided is more Bitcoins. For example if I have a control system for a ...
3
votes
1answer
873 views

Bitcoin Charts API Data

So I'm trying to learn how to work with an api, and how to get bitcoin historical price data. Ideally, I'd like all of it, and the nice gui that they have on the site for displaying the charts (but I ...
1
vote
3answers
343 views

What happens if an exchange's order book has only Market Orders [closed]

If a bitcoin exchange offers Market Orders, let's suppose there are X buy orders at market price, and Y sell orders at market price (no limit orders): How are these matched and at what price, since ...
2
votes
2answers
228 views

Bitcoin Price Fluctuations

Does anyone have any hard data on bitcoin price fluctuations in relation to time of day and/or week?
3
votes
6answers
4k views

How much energy will the Bitcoin network eventually consume? [duplicate]

A recent Bloomberg article stated that the Bitcoin network currently consumes about half as much energy as the Large Hadron Collider or enough to power 31,000 US homes. Even if the article is way off ...
4
votes
1answer
214 views

How can we trust big exchanges? [closed]

After reading the question What are ways a BTC Exchange could steal from its customers, and how can they protect themselves?, it would seem that you can't really trust the big exchanges (or anyone) ...
0
votes
2answers
557 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 ...
3
votes
2answers
11k views

What determines a bitcoin's value? [duplicate]

I've been talking with my friend about this, and apparently, it seems that Bitcoins have some sort of value that is given to them. On some websites like bitstamp, there are graphs and charts that ...
1
vote
0answers
539 views

Where can I see long term price charts for PPCoin?

As the title goes, where can I see long term graphs for PPCoin?
0
votes
4answers
249 views

Is there a way to estimate the price based on the blockchain?

Suppose I need a rough estimate of the current value of BTC in USD, is there anything in the blockchain that could be used for that? For example, is there some kind of correlation between block ...
2
votes
1answer
180 views

How can we prevent distortion of the bitcoin exchange rate?

Is there anything within the structure of bitcoin exchanges to prevent bitcoin price distortion with multiple accounts controlled by one person? I have seen stocks with similar levels of liquidity be ...
3
votes
2answers
200 views

Effect of price increase on usage of Bitcoin

I was just about to pay for something with Bitcoins today and I hesitated for an instant thinking that the price might be $10 more next week. Is it possible that Bitcoin holders will be less likely ...