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Share Your Experience: Take the 2024 Developer Survey
12 votes

P2P MultiCoin markets

Yes! Bitsquare.io is: Decentralized – there is no single point of failure. Safe – Bitsquare never holds your funds. Instantly accessible – no need for approval from a central authority. Private -no ...
FOSS wins's user avatar
  • 221
9 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

I find this article convincing in its analysis of the dynamics between Bitcoin and competing networks: The Coming Demise of the Altcoins To summarize briefly, the author suggests: The utility ...
Murch's user avatar
  • 75.7k
5 votes

Bitcoin market hours (open/close prices)

For the Gemini exchange the closing price is at the time of their daily auction at 4pm ET. You can read more about the auction here: https://gemini.com/marketplace/ And why it is considered their "...
SatoshiReport's user avatar
5 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

Bitcoin was the first, the most well known and thus has the most network effect. The network effect is extremely important and there are examples were better technologies lost to the competition ...
karask's user avatar
  • 2,540
4 votes
Accepted

Were there any Bitcoin based prediction markets for the Brexit referendum?

There is at least one market I am aware of that covered the event although the contract language seemed to focus on the UK actually leaving the EU (which does not happen immediately) by a certain date ...
nicetrader's user avatar
4 votes

China is 98% of the bitcoin market?

Chinese Bitcoin exchanges don't take a fee per trade and some actually reduce the withdrawal fee if more trades were made. Outside of China, exchanges usually take a fee on each trade. The volumes ...
Murch's user avatar
  • 75.7k
3 votes

How does market cap of currency decrease?

The market cap is the product of the total currency supply and its instant exchange rate. If either the exchange or supply goes down, the market cap does too. The supply generally doesn't decrease, ...
Pieter Wuille's user avatar
3 votes
Accepted

How can a X-coin market cap go down while its value goes up?

As Nate Eldredge pointed out, the chart you're looking at is denominated in BTC, while the market cap is denominated in USD. If you look at the chart below, you'll see that the price in USD (green) ...
Murch's user avatar
  • 75.7k
3 votes

Can I sell Bitcoin bought in 2014?

10 bitcoins are worth $60,000 dollars. How can this be? Indeed, the price has skyrocketed recently, each bitcoin is worth around $6092.00 USD as of writing this answer, it's not a glitch. I am ...
meshcollider's user avatar
  • 11.8k
3 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

Due to the network effect, the Bitcoin network has the most hashing power behind it, as well as the most investment in it. It had been vetted more than any other cryptocurrency, and the network is ...
Jestin's user avatar
  • 8,812
3 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The space is so broad that your question can't really be answered easily. In general, altcoins are far more risky but offer more potential reward. In general, altcoin portfolios will require far more ...
brandondoge's user avatar
2 votes

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The reason bitcoins is the best is this, how many places can you go to and trade coins on the market, like buying and selling like at Bitrex for example? If you go to these sites what do you have to ...
midwestcore's user avatar
2 votes
Accepted

What information is available in the blockchain

This information does not exist on the blockchain. It is gathered from exchanges. The blockchain has no idea what fiat is nor does it care. The only information that exists on the blockchain that ...
Ava Chow's user avatar
  • 70.8k
2 votes
Accepted

What is the method to determine the total market capitalization of the Bitcoin market?

"Bitcoin market cap(in AUD)" = "Number of bitcoins in circulation" X "Value of single bitcoin(in AUD)" The same as a market cap of some company: "number of their shares" X "value of single share"....
croraf's user avatar
  • 1,248
2 votes

Would free energy cause a market collapse?

Although this question might be "too broad" or "off-topic", I'll give you an answer and it's no. By removing the cost of electricity, hardware expenditure becomes the ceiling for hashrates. Surely ...
m1xolyd1an's user avatar
  • 5,656
2 votes
Accepted

When (or) do ICO tokens go to an exchange?

It is not possible to know such things unless an exchange announces that they will be listing an ICO or if the ICO creator announces that an exchange will be listing an ICO. An ICO being listed is not ...
Ava Chow's user avatar
  • 70.8k
2 votes

How does an exchange cover a "run on the bank"?

An exchange isn't a bank, and, in theory, isn't subject to a "run". Banks are typically "fractional reserve" institutions. The money deposited by the customers doesn't all reside within the bank; ...
Nate Eldredge's user avatar
2 votes

How much does the market cap increase when a certain amount of $'s go in the market?

Given that the Bitcoin market is pretty unstable + unregulated I don't think it is possible to predict the outcome of this. Have a look at the paper Price Manipulation in the Bitcoin Ecosystem by ...
JohnyDoe's user avatar
2 votes

Calculate Coin Supply at any given time

Yes. Thats possible. I wrote a python program that returns the supply at a given block (works with future supply, too): #!/usr/bin/env python # -*- coding: utf8 -*- def btcSupplyAtBlock(b): reward ...
hardfork's user avatar
  • 2,117
1 vote

When (or) do ICO tokens go to an exchange?

If the tokens issued by the company or person don't make it onto an exchange, then they really don't have any market value. For example, I can create a token called a Lopez token with a supply of 1 ...
Nicolas Lopez's user avatar
1 vote

How to buy 1,000,000 BTC

It is difficult to ascertain exactly how many bitcoins there are for sale at any moment. We have estimates on how much bitcoin there is on exchanges (2.26 million BTC on July 5, 2023 by Glassnode), ...
Vojtěch Strnad's user avatar
1 vote

What are some potential scenarios that a state actor can harm bitcoin if they control more than 51% of the hashing power?

As reported recently, China controls more than 51% of the hashing power and just in one province in China controls 54%. This is technically incorrect: there is no way to measure what percent of ...
chytrik's user avatar
  • 18.3k
1 vote
Accepted

What are some potential scenarios that a state actor can harm bitcoin if they control more than 51% of the hashing power?

There may be a lot of miners in China, but the People's Republic of China do not control the mining power. A 51% attack on Bitcoin may be theoretically possible, but it is definitely not feasible. ...
Matthew Cruz's user avatar
1 vote

How do market cap websites obtain their list of coins?

They will usually scrape various exchange APIs/websites for tickers and names.
Raghav Sood's user avatar
  • 17.1k
1 vote

I'm Searching cryptocurrency exchange api

CCXT is a python/javascript library with the functionality you request. You can then trade with any exchange you'd like such as Binance, Poloniex, etc. Gekko is a similar open source library for Node ...
J. Roibal - BlockchainEng's user avatar
1 vote
Accepted

Bitcoin - not so democratic future?

Bitcoin's goal is a decentralized democratic value system. It absolutely is not. A democracy is a system where the majority of participants can decide for everyone. In Bitcoin, nobody can decide for ...
Pieter Wuille's user avatar
1 vote

Would free energy cause a market collapse?

Even if energy becomes free, there are limited ASIC miner production hardware costs Especially, there is very little room for the supply to increase: More than 3/4 of all bitcoins have already been ...
Murch's user avatar
  • 75.7k
1 vote

Bitcoin, Ethereum and Litecoin value graph look very similar

The prices of basically all altcoins follows that of Bitcoin's. So generally when Bitcoin goes up, so do altcoins', when it drops, so do altcoins'. This is generally because altcoins are primarily ...
Ava Chow's user avatar
  • 70.8k
1 vote

Self trade prevention

Trading with oneself is commonly known as wash trading and is most commonly used to manipulate markets. I want to know is it a default protection practice, used all over the exchanges or only a ...
jon's user avatar
  • 113

Only top scored, non community-wiki answers of a minimum length are eligible