Questions tagged [currencies]

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.

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9 views

Will the Coinbase Card allow me to purchase with US Dollars or just USD Coin?

I want to make debit purchases with the US Dollars that I transferred to my Coinbase account from my bank account, without having to own a coin like BTC or USD Coin.
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15 views

Why exchanges show Bitcoin price higher than actual value? [duplicate]

I trade crypto on indian platform WazirX and CoinSwitch. Both are currently showing price of 1 Bitcoin to be 44,78,353 Indian Rupees ($ 60,605.51) while the price shown on google as well as Binance ...
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20 views

How to buy TRC20 USDT in the US? [closed]

I know you can buy Tether USDT ERC20 in the US, but how can I buy Tether USDT TRC20 with minimal fee in the US? When I google that, this website is pretty much all that I can find. But I do not know ...
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98 views

What is an «open Ponzi scheme»?

I recently read that Nassim N. Taleb thinks that Bitcoin is an open Ponzi scheme. An influental and intelligent person like him surely doesn't say something without thinking about it first. Therefore ...
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1answer
54 views

Mining Bitcoin heats up my Computer. why?

I am Trying to mining bit coins from last 1 year. but every time i turn on the mining it slows down my computer and heat it up very badly that it eventually stops working some times. How To get rid of ...
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1answer
80 views

Is it possible to track stolen Bitcoin after exchange

I don't know if someone can help me but I found out someone has stolen several times some crypto of me, mostly bitcoins. He had access to my computer and my phone to do the Google Authenticator ...
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8 views

Is cryptofree.casa genuine plateform to earn free BTC [duplicate]

As O recently login to Cryptofree.casa website, someone told me that after once it reach to 0.2 BTC then I can withdraw my wallet BTC so is it correct information??
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32 views

Question about the efficacy and safety of Privacy Cryptos like XMR, Zcash, etc

new here and haven't found an answer to this conceptual question: Crypto is said to have solved the coordination problem through rewards and punishment (honest users are rewarded; dishonest users are ...
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22 views

basics of cryptocurrency [duplicate]

I recently became interested in cryptocurrency and its mining process but there are a few things I don't understand very well and I am still trying to learn the basics more before getting into trading ...
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57 views

Comparing “health” of Cryptocurrencies

I am new to cryptocurrencies, and I would like to explore how an analyst might compare the "health" of two coins, for example, Bitcoin v. an altcoin. For a company that issues stocks, ...
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1answer
56 views

Where do you buy Dogecoin from? [closed]

Interested in putting 10$ on a few random coins of the more popular variety, just for the fun of it. Never had any connection to crypto, so absolutely no idea how this works. Where can I go, create an ...
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2answers
66 views

How Does Bitcoin network prevent from the same transaction being included multiple time in a block

Assuming that there is multiple miners in the network that have access to the same transactions that were submitted by users. How does Bitcoin network prevent from accidentally including the same ...
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1answer
562 views

I have forgotten my Blockchain account password and 12 word recovery. I have the wallet id and password to the wallet. Can i get my funds back?

I have forgotten my Blockchain bitcoin account password and 12 word recovery(possibly didn't even create one). However I do have my wallet id and the password to the wallet. Is there a way to get the ...
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84 views

How to recover Exodus wallet from a google back up

I had to factory reset my phone because it was hacked. In my panic I forgot to retrieve and note down the copy of my Exodus 12 word secret recovery code. When I redownloaded my exodus app, I thought ...
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1answer
226 views

If only one Bitcoin miner gets the block reward, is it worth mining only for the transaction fees as a (not-so-competitive) solo miner?

I have heard (but not that knowledgeable) about mining-pools. If a weak system joins the pool, it has a chance to get a portion of the block reward, but I assume that not all of the miners are joined ...
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2answers
679 views

How to you recover a stolen bitcoin lost to an investment scam?

I once lost my bitcoin to an investment platform and it took a while before I managed to get my bitcoin back. My question is I want to know how many people have lost their bitcoin and how do you ...
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1answer
29 views

Does cryptocurrency ETF use block-chain technology?

As you know, one of these days trends is cryptocurrency ETFs that the CES doesn't approve it yet. But there are some questions about them and their functioning. Is it necessary to build them over ...
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1answer
26 views

Can you have a cryptocurrency with a single source of truth?

Can you have a cryptocurrency that's based on TRUST? (how dare I use this dirty word haha) Everyone who participates in the system agrees to trust this 1 party only, because they find them trustworthy....
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20 views

Finding legitimate sources of research and info regarding crypto, mining and the blockchain [duplicate]

I'm relatively new to Bitcoin, crypto and the blockchain and mining etc, however due to having over 15 years experience in IT Ive followed BTC etc since it kicked off in (2009?), and would like to ...
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89 views

My unconfirmed BTC transaction on blockchain just disappeared [duplicate]

I had an unconfirmed BTC transaction on blockchain.com for about 2 days plus and now I log in and there's no transaction again. I checked blockchain.info using the hash; all wiped nothing is showing, ...
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3answers
2k views

Beginner's question: Why must proof-of-work be useless?

I wonder why the proof-of-work under no circumstances may be usable. The argument I understand is: If the proof-of-work could be used, its results could be sold, and doing the proof-of-work would cost ...
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38 views

Electrum & BitAddress Wallets Creation

Can anyone please tell me if my procedure is correct and enough. I've always heard and read that I must disconnect from the internet when creating Electrum Wallets, to keep away from hacks, viruses, ...
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117 views

How are the prefixes for EXT_PUBLIC_KEY and EXT_PRIVATE_KEY derived?

I want to know how the prefixes for EXT_PUBLIC_KEY and EXT_PRIVATE_KEY are derived. For example in bitcoin you have: base58Prefixes[PUBKEY_ADDRESS] = std::vector<unsigned char>(1,0); ...
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1answer
79 views

How is a USD-chained currency like Tether economically possible?

(I'll try my best to keep it relevant to Bitcoin, but feel free to close it if it seems inapplicable to Bitcoin trading. It's more about economics) Say there's a currency whose supply is controlled (...
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2answers
98 views

Who is the target audience?

I can not stop asking myself the question, what problem does bitcoin actually solve? Before you accuse me of being lazy and not doing any research, here is my thought process: You want to have a ...
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2answers
48 views

Crypto currencies and internet dependence [closed]

Ive a problem with the concept of crypto in one aspect. What about "cyber safety"? Given that there will be more online malicious activity in the future, isnt cryptos dependence on the internet a ...
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1answer
62 views

What happens to bitcoins that are in a ponzi scheme wallet? [closed]

I bought bitcoins that are stored in Cloud Token wallet. I found out later on that this crypto currency was part of a Ponzi scheme (shame on me). Currently I've had difficulty withdrawing my coins, ...
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2answers
112 views

What benefits does Bitcoin have that other cryptocurrencies do not?

I have heard several times Bitcoin being called "the king of crypto." It makes sense when you look at how the coin surpasses all the altcoins in terms of market capitalization and trading volume. No ...
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1answer
36 views

Working of crypto currency swaping (Exchanging) in Crypto exchange

I am new in crypto. I know something about cryto currency and its working. I am curiosity about the working of Crypto exchange like binance,coinbase...etc... My doubts is Some exchanges provide the ...
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1answer
69 views

How does Bitcoin protect against inflation?

In an economy where the prices of goods keep inflating, like a car going from $10,000 to $20,000 in 1 year, what would be the incentive for people to put their money in Bitcoin? Wouldn't the price of ...
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1answer
100 views

What's the consensus on using a non-networked VM as a cold wallet/airgapped computer?

I'm wondering if connecting a hardware wallet like a Ledger Nano S to the Ledger Live desktop app running on a computer that's connected to the internet not considered a 'fully cold' wallet setup. How ...
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52 views

transfer cryptocurrency with api

I need a wallet that have api for currency transfer like block.io api. But because block.io only supports 3 currencies, it is not suitable for my project There is another wallet for my work? (Only ...
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1answer
382 views

how to place a bitforex api buy order

I have read the documentation for BitForex on placing a buy order here: https://github.com/bitforexapi/API_Doc_en/wiki/Order Then after understanding that, I read the API Call Description ...
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3answers
9k views

Address not valid when withdrawing money from Binance

I want to withdraw the Vibrate crypto from binance. When I enter the BTC wallet address which I took from my account from coinbase, binance says invalid address. Am I missing something here?
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1answer
27 views

How to create a cryptocurrency backed by an asset (say a fiat currency or physical commodity) [closed]

I want to create a cryptocurrency for use between myself and a collection of friends (as a proof of concept). Assuming that I want to peg my cryptocurrency to (say) the Chinese Renminbi and the price ...
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1answer
41 views

Is there any “permissionless” blockchain “without a native coin”?

We may certainly say that a "permissioned" blockchain cannot have a native coin (or cryptocurreny) since in permissioned blockchain we need a permission to be eligible to participate for transactions ...
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1answer
24 views

How do I pick the right cryptocurrency without becoming an expert in cryptocurrencies? [closed]

I live in a country where a certain national currency is used as legal tender. I do not understand how the local money works (e.g. how the national money supply is increased), nevertheless I can ...
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1answer
77 views

Reports of Cryptocurrency Exchanges faking volume trade data. Where can one find this report?

In 2018 December there was a research report on cryptocurrency exchanges faking volume trade data. Where can one find this report on these exchanges? Supposedly the only 2 exchanges that had real ...
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2answers
191 views

How does the full lifecycle of a cryptocurrency trading look like? [closed]

I am new into cryptocurrencies and I am wondering how to trade them. By trading cryptocurrencies I mean: Transfer fiat currency (ie. USD) from my bank account into some account that enables buying ...
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2answers
48 views

How bitcoin gets monetary value [duplicate]

This looks like a complex thing but I am trying hard to understand it. Why would any one in the world honor a crypto currency till it is backed by a government with monetary value? How does a crypto ...
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1answer
130 views

Using CryptoCurrencies as a transfer method throughout Australia and Europe

I have read both this questions: Can I easily use Bitcoin as a inexpensive way to transfer my money into another currency? Does it make sense to use BitCoin to transfer money to yourself ...
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1answer
71 views

proof of stake concept and implementation confusion

i'm currently studying proof of stake concept in cryptocurrency in preparation of building it soon, but i still have some doubts about my understanding of the concept itself, and i have a lot of ...
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241 views

Idioms of use/ bitcoin heuristic

I already know the answer of a) part which is Alice. Can anybody help me in finding answer of b) part.
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3answers
332 views

Should I run crypto node for my trading platform?

I wanted to create a cryptocurrency trading platform where people can deposit cryptocurrency and trade them with other altcoins and finally withdraw it. Tell me do I need to run full crypto node to ...
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3answers
80 views

Could bitcoin/blockchain be used to create a secure non-3rd party escrow?

I'm wondering if there could be a block chain approach to selling goods and putting money in an escrow-like state until the goods are received. I'm envisioning the following scenario. 1) Buyer puts ...
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1answer
31 views

Have all hashes of unlocked difficulty levels of cryptocurrencies been mined?

I'm wondering if all the hashes of a previously unlocked difficulty level of a cryptocurrency, such as 0000000000000000xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx BTC , have been completely ...
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1answer
42 views

Extracting Bitcoin historical ticker data by setting up Bitcoin Node?

How do I extract the ticker data (historical values such as day price, day open, day close etc) by setting up a Bitcoin Node? Bitcoin Node is setup using Bitcore.io All blocks are syncing right now, ...
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1answer
138 views

how to embed coin prices of my choice in my website [closed]

sorry for bad english, let's just say i want to embed specific price of coin for example ethereum and bitcoin $20 price in my website, in other words it shows $20 rate of btc and eth on my website not ...
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1answer
462 views

I'm Searching cryptocurrency exchange api [closed]

We want complete cryptocurrency trading service from api requirement all api where we can integrate all services in my UI. long story in short we want any service provider backend in our UI. API ...
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3answers
1k views

Why prices are different in different fiat currencies on the same market?

What I noticed is that prices in different fiat currencies on the same market for the same crypto currency are different. But what are the reasons behind that? Does it has anything to do with market ...

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