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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0answers
55 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 ...
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6answers
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 ...
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1answer
44 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 ...
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1answer
22 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?
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1answer
44 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 ...
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0answers
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 ...
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2answers
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.
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1answer
2k 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 ...
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0answers
580 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.
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2answers
79 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? ...
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1answer
103 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
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1answer
720 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 ...
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1answer
194 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 ...
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2answers
719 views

Why is Bitcoin gaining value while so many other cryptocurrencies are not?

Every time I find a new cryptocurrency, I look at the price charts and almost every time it's constantly losing value. Ether and Bitcoin are the only exceptions, and have gained value on the long term....
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1answer
36 views

For a bitcoin-forked complementary currency: would it be difficult / impossible to limit the mining to some agents on the market?

Am I right that by implementation everybody with a client is theoretically able to mine? However, thinking about a Bitcoin implementation for a locally limited complementary currency: Would it be ...
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1answer
315 views

What's the easiest way to hook into multiple BTC exchanges?

If you want to compare prices of BTC across multiple exchanges, is there a central mechanism or place to do so? I have been unable to find such a thing from my research
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2answers
119 views

Bitcoin legalized by some governments

Recently, there have been rumors that some governments from around the world are looking forward to legalize crypto currencies and recognize them as legal tender / official payment methods. What do ...
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1answer
61 views

What are all the new coins listed on the trading market & what value do they represent? what are their uses?

Just scrolled over all the different coins to trade I couldn't beleive how many there is, what are there uses, and is it something that is easy to set up?
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1answer
1k views

process to list cryptocoins in exchangers

I have a cryptocoin which is 50% premined. I want to list it on exchangers. How can I do it? Please mention the process to list cryptocoins in exchangers and also where can I get the list of best 50 ...
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2answers
338 views

Does checking for balance on any cryptocurrency address is same as checking if address is correct?

Let assume that I do not want to check literally if specific cryptocurrency address is correct (I mean I have to deal with many cryptocurry addresses that I know of which cryptcurrency). Does ...
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3answers
401 views

Is stack overflow reputation actually a Cryptocurrency?

In a way, it is already a currency since I can offer a bounty for my question. So is it correct to call reputation points from StackExchange a Cryptocurrency? If not, then why?
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0answers
262 views

Bitcoin Widgets & API [closed]

can anyone recommend the best api/widget for getting Bitcoin, Crypto Currency Charts, Currency Convert and tickers?
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1answer
250 views

P2P MultiCoin markets

are there any p2p markets for different kinds of coins, like https://localbitcoins.com/ for bitcoins? Thank you!
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1answer
112 views

Bitcoin boom and bust - Inherent instability of Bitcoin

I'd like to put the a question to the community regarding the inherent stability/instability of Bitcoin. I hope it's not off-topic since it's more a economics-type question. So, here's the scenario in ...
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1answer
200 views

How does the U.S. government view Bitcoin? Is it money?

How does the U.S. government view Bitcoin? Is it a currency, a commodity, or something else?
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2answers
56 views

Impact on Bitcoin value due to lost bitcoin wallets [duplicate]

My question is 2 part: 1. How does somebody know that a set of bitcoins is lost? Merely declaring that I've lost my private key and hence bitcoin makes the coins lost? 2. What impact(and why?) would ...
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2answers
99 views

Is mining something specific of Bitcoin?

I am very new to the world of cryptocurrencies (I first read deeply about them today) and I've just discovered the concept of mining. Everything that I've read so far applies to Bitcoin but I know ...
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3answers
166 views

How would Bitcoin's purchasing power be measured after fiat were gone?

Somewhere in the possible near/far future when there might not be any major fiat anywhere. What will Bitcoin's purchasing power be measured in?
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2answers
106 views

What hardware do I need to get started with Bitcoin?

I am new to crypto currencies and just got into bitcoin, I want to know how to start off, which equipment would I need?
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1answer
244 views

How to transfer bitcoins from one Currency to Another from Brazil

I want to send money from real BRL to euro EUR. I live in Brazil. How can I use bitcoins for that? And How would I make the bitcoins available for the person to spend in Euros? Thanks.
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2answers
352 views

Why should retailers prefer bitcoin over other cryptocurrencies that have shorter confirmation time?

Considering that, waiting 10 minutes for confirmation is too long in the retail world; "zero confirmations" will become more risky once bitcoin popularity is high enough and people come up with ...
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1answer
184 views

Can a cryptocurrency exist in a closed system?

I am developing a online game that requires a realistic economy and currency. I know I can create a new crypto coin currency with out much effort. What I am unclear on, is it possible for me to mine ...
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2answers
3k views

Compiling litecoind on Ubuntu 15.04

I am trying to compile litecoind on Ubuntu 15.04 and I stuck here: /litecoin/src$ make -f makefile.unix USE_UPNP=- make: makefile.unix: No such file or directory make: *** No rule to make target '...
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2answers
119 views

I am looking for a reliable and low cost way to make loan repayments from Asia to the US. Are there any banks in the US that will acept Bitcoins?

I'm looking for a reliable, low cost, transparent and efficient way to make monthly loan repayments from Asia to the US each month. Are there any banks in the US that will accept bitcoins? So, I'm ...
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4answers
955 views

What is the most widely distributed crypto currency?

I've been doing research to find a crypto-currency that is "fairly" distributed among the population. Being "fair" is quite subjective. We can all agree that 10 people that control a coin is not fair, ...
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0answers
3k views

NXT - What is the difference between an Asset and a Currency?

Reading the NXT website, it talks about an Asset Exchange and a Monetary System. First seems to be regarding assets, while the second article one is talking about currencies. Is there any difference ...
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3answers
398 views

What reasons are there to mine and support Litecoin?

There are many examples of Bitcoin being accepted as a means of exchange in online transactions. I haven't found any such examples for Litecoin. So, what is the value in LTC mining? What is LTC's ...
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1answer
302 views

Is new cryptocurrency that runs only in raspberry pi possible?

Is it possible to create a cryptocurrency software that can run efficiently on a raspberryPi and has a mechanism to detect (based on maximum coin production?) if a node is using a better computer so ...
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1answer
125 views

What's the best way to introduce Bitcoin to the family and friends? [closed]

What's the best way to introduce Bitcoin to the family and friends? Has anybody succesful experience in the topic?
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2answers
3k views

Multi-currency wallet api

I need a api or an application that can generate and handle (send/receive and so on...) multi currency wallet. For an example: It can generate dogecoin address, bitcoin address, litecoin address, ...
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18answers
11k views

I paid in bitcoin, now I'm owed a refund. Can I demand it in bitcoin too?

This is, I suppose, a legal question so I should point out that I'm most interested in US and European law. I made a payment to a company for a product more than a year ago in bitcoin. The amount ...
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2answers
115 views

An “Almost” decentralised currency

I've been interested in Bitcoin for a while. I've been thinking I'd like to give it a go and see if I can make my own cryptocurrency, just to see if I can. I run my own small web hosting company, the ...
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1answer
2k views

avoid rounding errors in javascript with bigdecimal?

a user submits a buy request: 0.0104 BTC at a rate of 345.92 EUR config: var mode = RoundingMode.HALF_EVEN(); var satoshi = new BigDecimal("100000000"); user input: var btc_b = new BigDecimal("0....
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2answers
245 views

Who give initial value to Bitcoin? [closed]

I know how the process of changing BTC price ​​occur, but I curious as to what gave the initial value to BTC and whether the price of another cryptocurrency refers to the BTC? How would I replicate ...
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0answers
70 views

Reliable method to convert national currency to bitcoin [duplicate]

I'm relatively new to Bitcoin and cryptocurrency so please excuse my newbie question. I'm looking for a reliable method to convert national currency (i.e. "normal" money) into Bitcoin. A quick ...
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1answer
2k views

Automatic transfer of funds between exchanges

I need to circulate money between exchanges automatically. I want to transfer cryptocurrency (BTC, LTC) between exchanges. I find that these exchanges have API calls for withdrawal options: Cryptsy, ...
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1answer
1k views

Cryptonote vs an X11 Coin

Which one is a more desirable feature in an altcoin? The X11 or the Cryptonote? Also why cnt the 2 be implemented together? X11 seems to allow 11 algos to mine the coin, and cryptonote is based on ...
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1answer
155 views

Anonymous transactions technology for a cryptocoin? [duplicate]

I’m thinking of investing in a cryptocoin with anonymous transactions feature. So far there are 3 well-known technologies for that: coinjoin (Bitcoin), masternodes (Darkcoin) and CryptoNote (Bytecoin)....
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1answer
101 views

Is demurrage already integrated into Ripple? If so, how does one create a demurrage currency?

The Ripple wiki has a page about demurrage currencies being a possibility in Ripple. However, it's not entirely clear whether this feature is already implemented in the server or client, and if so, ...
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1answer
169 views

What are the biggest motivations for common people to adopt crypto currencies?

So far I've seen only two sets of people using crypto currencies: 1. Who does illegal things (like black money/drug trading etc) 2. Who sees them as shortcut to become rich But what are the other ...