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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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2 votes
1 answer
221 views

Is there a minimum size of network for a cryptocurrency to be viable?

I am not a technical person, so easy answers will be greatly appreciated. What is the relevant unit for size of the network for this question? Nodes? Miners? Wallets? Users? If a cryptocurrency has a ...
Slowblogger's user avatar
6 votes
4 answers
8k views

Is there an API that exchanges USD to Bitcoin?

I'm looking for an API that literally exchanges USD to Bitcoin, not only value. I've been looking all over for an exchange that accepts USD in it's API. I've found tons that will do Crypto => Crypto ...
elongl's user avatar
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1 vote
2 answers
232 views

Why can you mine so much more of other cryptocurrencies with a lower hash rate?

I have been researching bitcoin mining and one thing has stumped me. Why is it that you can you mine so much more of other cryptocurrencies with a lower hash rate? I've looked on cryptocurrency ...
user65950's user avatar
-1 votes
1 answer
207 views

How to predict value of bitcoin? [closed]

I was just thinking if its possible to predict bitcoin value. If so, what would be the parameters?
Vallabh Rao's user avatar
0 votes
1 answer
110 views

How does Market cap and daily movement affect a Crypto stock , do these numbers mean much?

Really want to understand how the daily volume and overall cap works. I read that don't buy when a market cap is over 75 million and the best time to buy is between 25 and 75 million. I understand ...
Jcoin's user avatar
  • 29
2 votes
4 answers
841 views

Single API Platform for multiple cryptocurrency? [closed]

I am wondering for a single API platform where i will be able to trade for below 5 crypto currency : 1) Bitcoin 2) Litecoin 3) Ethereum 4) Dash 5) Monero So, are you guys supporting all these in 1 ...
Chirag Daxini's user avatar
0 votes
1 answer
35 views

Looking for revenue data of bitcoin related websites

I was wondering if we can share pointers or anectodes about revenues of web projects related to bitcoin or general cryptocurrencies.
mmswe's user avatar
  • 101
0 votes
1 answer
90 views

Fundamental Question on Bitcoin: How would one convert his "bananas" into bitcoins?

In one of the presentations by Andreas Antonopoulos on Bitcoin, he said that "there are 6 billion people in this world who have no banking facilities, who live in places where they have cash or barter ...
Tom J's user avatar
  • 1
0 votes
1 answer
124 views

Change currencies through BitCoin or other Cryptocurrency

I'm from Brazil and I'm going to USA in January, so I need to buy dollars. Here in Brazil every currency exchange done have to pay a tax that is usually 7%. But we don't have to pay that tax in ...
user3896400's user avatar
1 vote
1 answer
204 views

Commodity vs. Currency

Some countries view Bitcoin as a commodity, some see it as a currency (and some ban it, but that's another story). I read a few articles, but in layman's terms, what are the main differences about a ...
Basj's user avatar
  • 364
0 votes
1 answer
57 views

What is the point of adding transation to block chain

What is the advantages of adding transaction into the blockchain, instead why can't we go with a normal current way of validating the transaction through dollar, rupees so on. Is there any advantages ...
SmartestVEGA's user avatar
1 vote
1 answer
295 views

Who decides the price of bitcoin?

Okay so I understand that bitcoin's price is increasing/decreasing by its utility, its rarity on the market, how it is publicly perceived, innovations, media, investors exc.. My question is, who ...
Ahmed Can Unbay's user avatar
-5 votes
3 answers
808 views

Out of all the crypto-currencies, which address format is the shortest?

Bitcoin addresses ranges from 24-28 characters and so is litecoin. Monero is 90+ characters. Which crypto currency address format is the shortest that is in the top 50 of coinmarketcap?
Patoshi パトシ's user avatar
0 votes
1 answer
70 views

possible to generate privatekey based on private key using bitcore.io?

Is is possible to generate the private key based on private key, means suppose if i am having one set as bellow : privatekey : '02XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXacdefd' publickey : '...
Codebrekers's user avatar
2 votes
1 answer
78 views

Cryptocurrency with support for a shared wallet

Consider a scenario where 5 cryptocurrency holders wish to create a partnership. All of them add an amount of money into a wallet to finance an idea. The wallet is shared between all of the partners ...
pbount's user avatar
  • 123
0 votes
1 answer
236 views

Why countries like to create their own cryptocurrency? [closed]

Why countries like to create their own cryptocurrency? As far as I know, a good cryptocurrency should have independent of a third party.
Amir's user avatar
  • 3
1 vote
0 answers
861 views

What is the best cryptocurrency newsletter? [closed]

I need one newsletter that covers all my needs: I want to be informed about all the main Bitcoin industry and the blockchain technology events, but not overflooded by tens of daily links.
Petref92's user avatar
1 vote
0 answers
427 views

What is the difference between a cryptocurrency, a digital currency, and a virtual currency?

I'm wondering what are the differences between the three terms. I have the impression that they are used somewhat interchangeably, with people talking about Bitcoin being the most popular "virtual ...
tg_so's user avatar
  • 151
1 vote
1 answer
384 views

How BTC value is determined in USD from a trading pair?

I know this is more of a general trading question but how is BTC or any base currency value determined in another currency from a trading pair? An example of what I mean is take the BTC/NEO trading ...
Derek's user avatar
  • 111
0 votes
1 answer
4k views

How Do I Redeem Bitcoin for USD Currency? [duplicate]

What is the step by step process to redeem Bitcoin into USD Currency & what other options do I have? Is there a so called prepaid credit card I could redeem it for/into so I can use the cash for ...
qsunflower's user avatar
0 votes
1 answer
72 views

What are some ways for virtual currency like Bitcoin to have price stability? [duplicate]

What are some ways for virtual currency like bit coin to have price stability? If there is a method, can it exert its influence only in a country or a large group? However, when virtual money has ...
Su Hyun Hwang's user avatar
0 votes
1 answer
307 views

What happens to Dash wallet if PC is formatted?

I am new to cryptocurrency. Let's say I setup a DASH wallet using this link https://www.dash.org/wallet/ on my Windows PC. I encrypt my wallet using passphrase now after 1 year my PC's hard disk has ...
Tim Liberty's user avatar
0 votes
1 answer
2k views

How does exchanges like bitrex exchange coins so fast ?

For example i transfer my bitcoin to bitrex. It will take mining fee and a huge time ( few hours ) to actually appear in bitrex wallet. Now from bitrex i can transfer between Bitcoin -> Neo -> ...
Slim Shady's user avatar
0 votes
1 answer
318 views

How to create different paper wallets for different currencies?

I have several different currencies (on exchange) right now and would like to move them to paper wallet. 1) Do I have to have a different wallet for each currency? 2) Are the algorithms for creating ...
Yura's user avatar
  • 117
2 votes
2 answers
2k views

Why bitcoin is not inflationary? [duplicate]

I understand that a lot of people today stack Bitcoin instead of spending them and that makes sense because there is a limited number of bitcoins. However, I think that for bitcoin to be a real ...
Mike's user avatar
  • 23
2 votes
1 answer
383 views

What would happend if a country were backed by its own cryptocurrency? [closed]

What would happen if instead of depending on dollars or gold, a country were backed by its own cryptocurrency, would this benefit its citizens and the country itself? How? I've read this answer but ...
Willemoes's user avatar
  • 121
1 vote
0 answers
564 views

How do i create my own cryptocurrency? [closed]

There are any guidelines about how to create my own currency from Ripple?
Purvik Dhorajiya's user avatar
0 votes
1 answer
858 views

Minimum and maximum values of "all" cryptocurrencies?

I can't find a "cryptocurrency" stack exchange, and I have a question that spans all cryptocurrencies, in particular, how to handle them programatically - one database column to rule them "all"! I ...
bbozo's user avatar
  • 111
2 votes
5 answers
3k views

Why don't cryptocurrencies create inflation if there are so many of them?

One of the advertised advantage of bitcoin is that it can't create inflation. Governments can't print more money because bitcoin is fixed at 21 million. But how about creating other crypto currencies ...
Bobo's user avatar
  • 21
1 vote
2 answers
114 views

How companies are accepting bitcoin for their products or services?

I am new to the crypto currency world and fascinated by its growth. I looked at some of the companies that accept bitcoins for their products. companies accepting bitcoin Lets say i buy an Xbox from ...
viggy28's user avatar
  • 111
0 votes
1 answer
65 views

Whats the technical/database entity of a crypto-currency / Bitcoin?

I know that Bitcoin accounts are public private keys combination. Is it the same with the currency? Is one Bitcoin a combination of public pvt key? Or is it a token?
Lakshay Dulani's user avatar
2 votes
0 answers
633 views

historical market cap in json/csv for all coins?

I want to run a backtest on a "S&P 500" strategy for crypto investing. I'm looking for historical market cap data. Something like what coinmarketcap.com provides, but historically and in an easy ...
sp500 guy's user avatar
2 votes
2 answers
1k views

App for managing multiple crypto portfolios [closed]

I know I can use Blockfolio to manage/monitor multiple crypto-currencies. However I'm starting to feel the need to subdivide them by the type of asset (different risk classes, price points etc). I ...
arnthorsnaer's user avatar
1 vote
1 answer
207 views

What coin offers a decentralized ledger, without mining and transaction costs?

How much will transaction fees eventually be? describes that current transaction fees are untenable. The transaction cost for users, I think should be the only upward driver for the price of bitcoin. ...
imonaboat's user avatar
0 votes
1 answer
337 views

PlexCard Visa : Would it be legal all around the world?

Recently, Plexcoin is to come up in the market with very promising future. Directly, citing from their website, the features include In comparison to Bitcoin (45 minutes), the transactions (deposit, ...
Fakabbir Amin's user avatar
3 votes
3 answers
1k views

Why can't timestamps be a substitute for blockchain?

I'm super fascinated by the entire concept of proof of work and how it allows for a trustless, decentralized system. Despite knowing that proof of work (or proof of stake) can be an inevitable ...
rb612's user avatar
  • 289
0 votes
0 answers
35 views

Is supply reduction consider as a hard or soft fork?

I'm writing an article about current Minergate Dashcoin hard fork. From all the bitcoin hard fork talks I get the impression only when block size increases will result in a hard fork. How about coin ...
Gary Chen's user avatar
1 vote
0 answers
64 views

Is bitcoin a better option than banks for transferring money from India to Hong Kong

I live in HK and I need to transfer some amount from my Indian bank account to my wife's Hong Kong bank account. I tried bank wire transfer and I lost almost 11-12% of total amount. My friend also ...
Anoop Chandran's user avatar
4 votes
6 answers
5k views

Where can I find Crypto Coin data?

I'm looking for sources of crypto currency data, preferably historical, which I can use to back-test my bots and/or analyze the market. Is there a reliable source for this online ? Do exchanges offer ...
deepbrook's user avatar
  • 1,672
-1 votes
1 answer
51 views

Is it possible for a currency to give coins pub/prvt keys instead?

So the idea is you would have coins and non-coins. A coin is something you could be in possession of but can only prove it by signing messages. If you wanted to transfer it to somebody you would send ...
Alanay's user avatar
  • 1
0 votes
1 answer
31 views

Mexican Pesos and bitcoin

Are there any exchanges that convert bitcoin or other crypto currencies to non major fiat currencies like the Mexican peso?
nahidik's user avatar
1 vote
1 answer
53 views

Is a loss of trust in USD necessary for the success and mainstream adoption of Bitcoin?

Considering that Bitcoin will succeed if it gets to become a widely adopted store of value and means of payment, current fiat currencies' role would be taken by BTC and the value of those fiat ...
Xoel's user avatar
  • 111
1 vote
0 answers
28 views

How the buy/sell rate of bitcoin is continuosly increasing? [duplicate]

I am continuously monitoring bitcoin rate since last one month using an android app (zebpay). The buy/sell rate reached double fold within one month. I never seen it decreasing. Considering me a ...
PD Pro's user avatar
  • 111
1 vote
2 answers
1k views

Tezos vs Decred

What are the main differences between Decred and Tezos ? Both integrate a governance mechanism so they don't seem very different to me.
Malick's user avatar
  • 111
0 votes
1 answer
3k views

What is meant by "Maintenance" of a Crypto Currency Wallet?

I have invested in AltCoin XtraBYte XBY on c-cex.com exchange. My account now as XBY funds frozen because the XtraBYte Wallet status is on "Maintenance". see https://c-cex.com/?id=ws Where maintenance ...
Fred Cailloux's user avatar
1 vote
0 answers
600 views

Where can I get historic data series of cryptocurrency prices? [duplicate]

Where can I get a time series of (date, bitcoin price in USD). Any suggestions? UPDATE I would highly appreciate JSON for better input into code.
Carol.Kar's user avatar
  • 141
2 votes
2 answers
91 views

Can Bitcoin Help with a devalued currency? [closed]

I worked in Canada, in the Oil industry, CAD took a big hit in the exchange versus USD, can anybody advice me if transferring my money to Bitcoin can help me increase the value of my savings again? ...
J. Calderon's user avatar
1 vote
1 answer
121 views

how is the value of crypto coin decided

Can any one help me with required information how a newly created coin value is assigned ? and how does the rate fluctuations occur
Rocky's user avatar
  • 23
3 votes
1 answer
2k views

Is it possible to trace bitcoin ATM withdrawals?

If someone is tracking how BTC are being spent or transferred between wallets, is it possible to concretely determine which transfers constitute conversion into fiat currency at an ATM, and possibly a ...
afocoin's user avatar
  • 133
0 votes
1 answer
218 views

Which cryptocurrencies are better suited to users with limited bandwidth?

I'd like to try my hand at cryptocurrencies, but have limited bandwidth. Which cryptocurrencies are best suited to users such as me? Why? Due to the high bandwidth costs, I expect cryptocurrencies to ...
TryHarder's user avatar
  • 105

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