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

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3
votes
1answer
209 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
72 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
87 views

Bitcoin Price Fluctuations

Does anyone have any hard data on bitcoin price fluctuations in relation to time of day and/or week?
2
votes
6answers
412 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 ...
2
votes
1answer
137 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
344 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
339 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
73 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
3answers
76 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
114 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 ...
2
votes
2answers
172 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 ...
6
votes
0answers
156 views

Why does blockchain.info say BTC was traded for $35?

According to blockchain.info, BTC reached a peak rate of $35 in June 2011. According to the data available from bitcoincharts.com, the highest price BTC was traded in Mtgox that month (and until ...
2
votes
1answer
115 views

bitcoin price speculation resources

where could I discuss bitcoin price speculation, and calculating fair spot and future price. In general for stackexchange sites, the factors for here and now would be "too localized" I think. So I ...
2
votes
1answer
342 views

Average cost of mining per BTC over time

Are there any approximations to the average cost of mining of a BTC over time? The reason I ask is because I think that as this ratio will affect the general availability of Bitcoins on MtGox, and ...
3
votes
1answer
153 views

Is buying and selling bitcoin in large volumes possible, or wise?

I'm asking because I think it could be a decent investment, but on clarkmoody the volumes aren't very large. Which could mean that bitcoin is only useful in small volumes, and that larger ...
2
votes
1answer
381 views

How does the price of 1 BTC compare to other commodities?

I'm looking for a chart of Bitcoin's price and market cap to other commodities like silver, gold, etc. Does such a chart exist? Why is this useful? Because I want to see how the USD compares to ...
-2
votes
4answers
488 views

How is hoarding to be prevented?

If all humans used bitcoins now (Jan 2013) for most of their transactions, then a dollar would be worth about a billionth of a bitcoin (1/10 Satoshi). If bitcoins take ten years to catch on that ...
4
votes
3answers
446 views

Bitcoin price drop in the past few days (25/10/12 to 27/10/12)

Does anyone have any solid ideas or knowledge on why the price has dropped so much over the past few days? There is a lot of speculation, but nothing I have read to date seems to adequately explain ...
4
votes
2answers
3k views

How will the Bitcoin network look after BFL ASIC hardware shipments?

There have been over 7000 pre-orders of BFL SC series mining machines, with the cheapest one supposedly running at 3.5 GH/s and the most expensive being 1000GH/s thats a lot of hashes about to be ...
8
votes
3answers
1k views

How much should I charge a client if they pay me in bitcoins?

The price of bitcoins fluctuates rapidly against other currencies. If I were to go to a restaurant and pay for a meal in bitcoins the price at the start of the meal would almost certainly be different ...
6
votes
1answer
272 views

Is there an API for price estimation?

I need to display at my website what a certain amount of Bitcoins will likely cost. I can fetch the latest price using the MtGox API and multiply it by the amount, but for large amounts this is ...
3
votes
0answers
586 views

Is there a website that shows historic price data?

I need to find what the Bitcoin-Mt. Gox USD price was at certain historic dates and times (exact timestamp). Is there a website where I can input a specific historic date+time, and get the rate for ...
6
votes
4answers
252 views

Psychological price

I live in Europe, and more than a decade ago our national currency was replaced by the Euro. For a few years, everyone calculated back the price in Euro to the old currency when buying something, ...
1
vote
1answer
645 views

What's a good site to see bid/ask walls?

I'm currently using Mtgoxlive to view ask and bid walls. But ... I can't see the chart beyond about $1.5 +- the current price. Is there another site for viewing ask/bid walls graphically, in a ...
2
votes
1answer
310 views

Please, can you show me a working link to a good bitcoin price chart?

I am trying to see some bitcoin charts but looks like all sites are down. Any help?
6
votes
3answers
1k views

How does bitcoin's price volatility compare to commodities/stocks with comparable market capitalizations?

Bitcoin's long term (after 21 million units have been created) market cap is about $102 million. Price volatility of individual commodities/stocks is inversely correlated with their market cap, so ...
4
votes
2answers
499 views

Is there any desktop notifier application for bitcoin prices?

There's a nice C2DM push based notifier for android but I'd like to know if there is one for the desktop environment, ideally linux? Does anyone know if one exists?
-2
votes
1answer
120 views

recent prices changes

Over the past three weeks the prices of bitcoins in U.S. dollars has more than doubled. Does anyone know why? Is there some recent publicity that drove up interest (so that maybe prices will fall ...
2
votes
0answers
134 views

Tick and price data [duplicate]

Possible Duplicate: Where can I find a graph of Bitcoin value vs USD for over 60 days? Where can I get raw data series of Bitcoin prices? Where can I get historical price data for ...
7
votes
2answers
520 views

“Market capitalization” over time

Is there a convenient data source and/or graph that gives the "market capitalization" over time for Bitcoin (i.e. the number of bitcoins issued to date times their current value on the big exchanges). ...
8
votes
2answers
448 views

Trying to understand the bitcoin chart

I'm trying to understant this bitcoin chart, but there's no indication of what's the Y axis. The "200K" means the value in dollars? Or in bitcoins? Or what? I'm trying to check out the value of a ...
10
votes
2answers
421 views

What is the easiest way to programmatically obtain the current USD-BTC spot price?

E.g., if I wanted to create a cron script that would grab the latest spot price every hour and store it in a local file or database, what would be the place to "scrape" that information from? ...
12
votes
5answers
1k views

Why have prices fallen so drastically around October 2011?

Any idea why bitcoin prices have fallen so in September and October of 2011? It seems like back in August, one bitcoin cost about US$17, whereas in late October, it's just somewhat over US$2.
-1
votes
2answers
310 views

Costing arbitrage between exchanges [closed]

I'm currently writing something to script arbitrage between two exchanges to test the concept. I know I can determine the difference in prices by using (ExhangeA_sell - ExchangeB_buy) <- this ...
7
votes
1answer
2k views

Where can I get raw data series of Bitcoin prices?

I'd like to run them through Google Correlate, so I need a time series of (date, bitcoin Mt. Gox price in USD).
11
votes
4answers
487 views

Is there empirical data about a relationship between bitcoin price and difficulty?

There have been claims that Bitcoin price and difficulty correspond. Is there empirical data to support or refute this?