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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6
votes
2answers
3k views

Calculation of arbitrage profit

I have made calculations based on 3 exchange buy and sell orders. (Cryptsy, C-cex and Bter) and have taken DOGE/BTC market into account. Both cryptsy and C-cex have the same calculations to get the ...
2
votes
1answer
82 views

Which transactions are being submitted in the very first blocks of some digital currency? [duplicate]

This is more like general question about digital currencies rather than about Bitcoin specifically, but it still is relevant to Bitcoin I guess (at least this SE section is more suitable for this ...
0
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1answer
26 views

Export Market realtime rate

Please is there any web site that purpose web services, to export Market rate value of different currency even bitcoin.
5
votes
1answer
2k views

What is the difference between BTC/LTC & LTC/BTC markets?

I am little bit confused about markets, In cryptsy there is a market for LTC/BTC in which we can buy or sell LTC using BTC My questions are, Is both LTC/BTC & BTC/LTC are the same? I have tried ...
13
votes
4answers
33k views

Does it make sense to use BitCoin to transfer money to yourself internationally?

If you have a bank account in the US and an account in the UK, and you want to move money from one to the other, is Bitcoin a sensible way to do it, or are you better off using TransferWise or just ...
0
votes
0answers
46 views

Creating trade engine steps [duplicate]

How cryptocoin trade engine works? I want to build a simple trade engine(trading bot) in ruby on rails for cryptocoins. Can anybody lead me through proper steps. I am a newbie to cryptocoins.
4
votes
2answers
146 views

Which cryptocurrencies deviate significantly from Bitcoin?

There's been dozens of alternate cryptocurrencies but I don't believe many of them did much other than find/replace some strings. We see Bitcoin as made up of the blockchain and proof-of-work via ...
-2
votes
1answer
199 views

How to transfer different cryptocoins from one daemon to another

How to transfer different cryptocoins from one daemon to another. I want to send currency from dogecoin to bitcoin, I think trading engine do such process. Can I implement such process across local ...
0
votes
1answer
217 views

How accept trade works on creating order [duplicate]

I want to build a rails application to create buy or sell offer for coins. If buy offer is accepted by seller, How the coins exchanged between the buyer and seller. How can it be implemented? What is ...
1
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2answers
116 views

The correct term for Bitcoin currency

I have been reading about Bitcoin and the history of it. But I was not able to find a term that actually describes Bitcoin. I am looking for a term that is not only for Bitcoin but any digital ...
-1
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1answer
65 views

How can I create buy offer and sell offer using bitcoin daemon?

How do I support trading for multiple crypto coins? Is that possible to create buy or sell offer using bitcoin daemon?
2
votes
2answers
178 views

Where to find cryptocoins current price

How can I find API (json data) for cryptocoins current ask/high/low/average price. Is there any website that provides that ticker information for all coins. For example BTC/LTC ticker info is ...
1
vote
1answer
126 views

A crypto-currency for supporting informal education?

I am involved with Funoon (funoonfoundation.org), a non-profit working to organise informal learning spaces. These informal spaces are basically physical spaces where learning happens on a peer-to-...
1
vote
1answer
223 views

Which crypto currencies have shortest payment address?

Different crypto-currencies have different lengths of payment addresses. For example, LTC address length is 34 case sensitive letters and numbers. NXT address length is 20 digits. Short payment ...
4
votes
1answer
157 views

Is it possible to create a unified client that manages multiple cryptocurrencies?

Is it possible to create a unified client that manages multiple cryptocurrencies? Does such a client already exist?
7
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4answers
16k views

Coins with memory-intensive mining

Are there coins that demand system memory rather than computing power? Which coin brings me the most mining profit if I have a lot of system DDR3 RAM (say 64 GB or more) in my personal computer?
0
votes
1answer
92 views

can cryptocoins be put to good use? now or in the future? [duplicate]

it would be amazing is there was a Cryptocoin that could be put to good use. Like some sort of protein folding. Curecoin, CureCancerCoin exists but it doesn't put anything towards computational ...
5
votes
3answers
3k views

Is it possible to create a cryptocurrency that has a fixed value? [duplicate]

I like Bitcoin for its ease of use and security. It makes "money" transfer fast and easy, however a lot of people are afraid to use it because of its volatility, Would it be possible to create a ...
2
votes
3answers
2k views

Why is Bitcoin better than other cryptocurrency? [duplicate]

If there too many types of such kind of currency, will them be very cheap? I have 4 BTC and since the current BTC price waves a lot, I am wondering this. Thanks,
0
votes
1answer
46 views

Can Bitcoin save the U.S. Post Office [closed]

I noticed this article and was thinking about the possibilities of the U.S. Post Office seriously considering Bitcoin. http://www.bloomberg.com/news/2014-02-07/could-bitcoin-be-answer-for-profit-...
1
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0answers
900 views

Cryptocurrency from Scratch?

I remember seeing a question a while back about how to code your own cryptocurrency here: How to fork Bitcoin and build own cryptocurrency Unfortunately, it seems to suffer from a lack of in-depth ...
2
votes
3answers
1k views

Where can I buy Litecoins in Canada? [closed]

I'm looking for a good place to buy and sell litecoins in Canada. Does anyone have a good list for reference? I know of Vault of Satoshi and a newer service Harborly, but that's about it.
-1
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2answers
579 views

Complete Explanation of Mining [closed]

I have 6 miners, all with 3 R9 280x's. (Yes, not bitcoin mining, but there isn't a general mining stack site and it still uses cgminer so it's relevant) I've been working on getting them running ...
8
votes
2answers
1k views

Who proposed the XBT ticker for Bitcoin and why is it used over the more logical XBC ticker?

Some standard requires tickers for currencies to start with an X. So, the usual abbreviation of Bitcoin, BTC, cannot be used in contexts where this standard is applied. Usually, the unofficial ticker/...
7
votes
2answers
12k views

Where can I find an overview of Bitcoin exchange APIs?

Where can I find information on a large number of "exchange" or "trading platform" APIs showing which currencies (digital and fiat) they convert between?
2
votes
1answer
444 views

What future can bitcoin have if more and more countries will ban it?

As of today, Russia added itself to a list of countries that ban bitcoin operations. So is there a future for bitcoin (and other cryptos) if more countries are going to ban them?
-1
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1answer
164 views

Why should I start using bitcoins? [closed]

I've only just heard of Bitcoin and I wonder why I should start using bincoins. What is the benefit to me of using bitcoins? Why should I want to?
9
votes
2answers
5k views

Correct use of the word Bitcoin [duplicate]

I'm still unsure when to use Bitcoin and when bitcoin is more appropriate. Did anyone define when to use the word Bitcoin with a capital B? Is one used to talk about the currency as in "3 Bitcoin" and ...
3
votes
1answer
412 views

Do multi-signature transactions make a 'bitcoin kickstarter' possible? And what state are the bitcoins in, in the meantime?

This isn't a question about kickstarter really, just a way for me to phrase my question about the crypto in terms that I can understand. My understanding, based on this article.. Stop Saying Bitcoin ...
2
votes
3answers
2k views

What are the most popular crypto currencies after Bitcoin?

I am trying to determine which crypto currencies are the most popular with the assumption that Bitcoin is the most popular one. This question is up to different interpretations because "most popular" ...
4
votes
4answers
220 views

Will bitcoin's value be affected by other digital currencies?

There are many different digital currencies being released now, following in the footsteps of bitcoin and trying to improve upon it. Will these currencies, by giving consumers more options, reduce ...
0
votes
1answer
171 views

Calculate the amount of Primecoin(XPM) mined/created so far

According to Wikipedia: http://en.wikipedia.org/wiki/Primecoin the reward given for finding a block is 999*(difficulty**2). So does that mean that you need historic data on the difficulty in order ...
0
votes
1answer
289 views

How to calculate the the amount of all Peercoins(PPC) in circulation?

According to Wikipedia: http://en.wikipedia.org/wiki/Peercoin the reward is halved every time the mining power increases by x16. So does that mean that you need historic data on the mining power in ...
4
votes
3answers
21k views

Will a bitcoin miner work for other currencies?

If I purchase a card (or similar device) that claims to mine Bitcoins at 10 GH/s, will that device also work for other currencies? That is, would the device also work on a multi-pool for litecoins, ...
6
votes
1answer
1k views

Comparison of different active cryptocurrencies [closed]

I haven't realized until recently how many different crypto-currencies have emerged the last years; coinmarketcap.com lists around 60 of them* and it seems that it isn't even a complete list (for ...
31
votes
4answers
48k views

How to fork Bitcoin and build own cryptocurrency

Is there any step-by-step tutorial about how to build own cryptocurrency based on Bitcoin code?
3
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4answers
1k views

Are There Examples of Asset Backed Virtual Currencies?

Here is a very natural idea: an entity creates a new virtual currency with the following properties: Only that entity has the capability to issue new quantities of that currency That entity makes ...
3
votes
2answers
2k views

Why are all popular crypto currencies deflationary?

There is a lot of criticsm and debate over whether bitcoins will ultomately fail because of its deflationary nature. I don't want to debate if that's the case or not and I also understand that the ...
3
votes
4answers
3k views

USD conversion rate API

I want to build an mobile application which tells you how much your bitcoins are worth in USD. I would like to know of good API that I can rely on for data. As well as historic conversion rates over ...
1
vote
1answer
214 views

Possible to temporarily reduce the supply of a cryptocurrency?

Does a cryptocurrency that can have its supply be reduced based on some factor currently exist? If not, is this possible? If so, how?
1
vote
1answer
211 views

Exchange multiple Cryptocurrencies [closed]

Does anybody know a good exchange site for various cryptocurrencies like LTC, NMC, IXC, DVC, BTC etc. One I found was Vircurex but it is very cumbersome to use.
10
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5answers
49k views

Can i store multiple crypto currencies in one wallet?

Is it possible to make a wallet for BTC and store LTC and NMC or other coins in it?
0
votes
1answer
88 views

How many currency units in 1xBTC / 1xAltCoin? [duplicate]

Since BitCoin (and AltCoins) are divisible by up to 8 decimal places, does that technically mean that 1xBTC (or 1xAltCoin) is equal to 1 billion individual units of currency?
2
votes
1answer
165 views

Is Bitcoin a viable way to transfer money from one currency to another

Is bitcoin a viable way to transfer money from one currency to another? When I say viable, what I mean is: is it similar or lower in cost to other currency conversion services e.g. xoom.com or bank-...
1
vote
2answers
858 views

How to keep track on new cryptocurrencies

Here is a situation: new cryptocurrencies appears with a huge speed and also most of them are just useless clones, there might be some interesting one with new ideas. I would like be know when they ...
-1
votes
1answer
4k views

To buy or not to buy Amazon Coin? [closed]

This article talks about amazon creating its own crypto currency, the Amazon coin. You can buy the coins at a set price in Amazon Is this worth any bother? It seems like you cant trade amazon coins ...
1
vote
3answers
2k views

Inflationary (no total coin limit) cryptocurrency where miners keep all new coins

Is there an inflationary cryptocurrency with following features? No fixed limit on total coins (coins will be emitted forever). Miners are the only source of new coins. Mining reward (new coins) go ...
2
votes
1answer
373 views

What pressure prevents alternate currencies from completely diluting bitcoin?

Looking into LiteCoin a bit makes me wonder: if LiteCoin were to gain transaction, what's stopping a 3rd, 4th, and 5th currency from gaining traction as well? Wouldn't this effectively eliminate ...
1
vote
0answers
75 views

What is the most comprehensive source to get started with Bitcoin? [duplicate]

I am going through couple of good sources (mainly https://en.bitcoin.it/wiki/Main_Page), which one do you think is the best suited for technical as well as business scope?
7
votes
4answers
2k views

How to stabilize Bitcoin's exchange rate (reduce volatility)?

Is it possible to stabilize exchange rate(s) of Bitcoin to FIAT currencies (USD, EUR etc.) and make the rates less volatile only by raising the market capitalization (more people buy/invest in Bitcoin ...