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

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2
votes
1answer
39 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
votes
0answers
16 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
votes
1answer
18 views

How to use csv file? [closed]

I'm trying to figure out how use the csv files provides by bitcoin charts. I understand that the units in the files are unixtime,price,ammount, but I'm not sure how to utilize these to develop some ...
1
vote
2answers
69 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
113 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: ...
0
votes
2answers
51 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
vote
0answers
22 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
125 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
2answers
83 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
462 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 ...
3
votes
2answers
95 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 ...
0
votes
2answers
224 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 ...
-1
votes
1answer
61 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
votes
1answer
191 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? ...
0
votes
0answers
55 views

Major factors influencing price levels of cryptos?

We know that all cryptocurrencies fluctuate mainly due to exchange market dynamics. What I'm interested in is: what factors drive the market (I mean short to mid term growth and change of trend)? I've ...
-1
votes
1answer
48 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 ...
0
votes
0answers
30 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
51 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 ...
0
votes
1answer
138 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 ...
0
votes
3answers
292 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 ...
1
vote
2answers
292 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
votes
1answer
212 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
votes
1answer
192 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
259 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
209 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?
-2
votes
1answer
304 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 ...
3
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?
0
votes
0answers
64 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
402 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
409 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.
-1
votes
1answer
41 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
831 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
307 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
217 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 ...
3
votes
1answer
209 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
532 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
9k 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
518 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
234 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
173 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
196 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 ...
8
votes
1answer
364 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 ...
3
votes
1answer
148 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
2answers
2k 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
515 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
586 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 ...
3
votes
4answers
1k 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 ...
5
votes
3answers
483 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 ...