tag:blogger.com,1999:blog-6985466530046378626.post5504721285783151953..comments2023-11-01T10:59:19.042-07:00Comments on One Blind Squirrel: The Price of a BitcoinAnonymoushttp://www.blogger.com/profile/01960004967049483337noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6985466530046378626.post-15086765734452502632020-04-25T17:04:27.313-07:002020-04-25T17:04:27.313-07:00When I thought about the way things have been rece...When I thought about the way things have been recently, i owe my thanks to God for letting me find this amazing personality, i mailed Mr. alex roughly 2 months now, I was actually very uncertain about investing, very scared because i was also low on cash.I gave it my all, my first investment of $2,000 two weeks ago brought me $ 29,230 last week, and what intrigues me the most is the way him handles he partners, i recommend him too to my friend jeff, after trading with him, his testimonies have let me come here to attest for him. We are happy to meet a professional in you. I am proud to recommend him to any person who has a passion for trading, meet a good mentor and get good fortunes.Contact this veteran at: totalinvestmentcompany@gmail.com<br />willian vivianhttps://www.blogger.com/profile/17277927974072792152noreply@blogger.comtag:blogger.com,1999:blog-6985466530046378626.post-55579093707859941672014-05-06T23:47:36.380-07:002014-05-06T23:47:36.380-07:00Bitcoin price changes almost every day due to seve...<a href="http://www.bitcoindaily.com" rel="nofollow">Bitcoin</a> price changes almost every day due to several factors. If you’re an investor, you have to be smart on how you will manage your BTC. Think wisely at which point you’re going to buy or sell. As much as possible, do not hold your BTC longer than you should. Watch bitcoin movement. You can follow BitcoinDaily to catch up with what’s happening in the bitcoin economy.Anonymoushttps://www.blogger.com/profile/05654351946061638623noreply@blogger.comtag:blogger.com,1999:blog-6985466530046378626.post-83639871263672906462014-02-17T19:14:19.226-08:002014-02-17T19:14:19.226-08:00Thanks for your thoughtful response. I certainly u...Thanks for your thoughtful response. I certainly understand the notion of market depth and liquidity, among other local issues - and the example of NK is illustrative; but it only reinforces my perspective that there are two components to the price that no one appears to have yet sufficiently disaggregated - inherent Bitcoin value and exchange premium. Without that information, how much confidence can we really have in the underlying currency?Anonymoushttps://www.blogger.com/profile/01960004967049483337noreply@blogger.comtag:blogger.com,1999:blog-6985466530046378626.post-18196351554898155572014-02-17T16:24:09.116-08:002014-02-17T16:24:09.116-08:00http://www.washingtonpost.com/blogs/the-switch/wp/...http://www.washingtonpost.com/blogs/the-switch/wp/2014/02/15/bitcoins-largest-exchange-is-dying-heres-why-thats-not-a-problem-for-bitcoin/michaelhttps://www.blogger.com/profile/00496865065830114955noreply@blogger.comtag:blogger.com,1999:blog-6985466530046378626.post-59710696555519945932014-02-17T15:39:41.549-08:002014-02-17T15:39:41.549-08:00Here is the answer. It is somewhat complicated. ...Here is the answer. It is somewhat complicated. Perhaps using your world of equities example I can explain it. In the world of equities, the price from exchange to exchange is different. Sometimes by a few cents and for maybe a second. But in that world of deep liquidity and lightspeed arbitrage you dont see it as different. The average person doesnt see that the prices for a security can be very different exchange to exchange.<br /><br />Now imagine a stock exchange in North Korea, that wants to trade IBM stock. Getting money into and out of NK would be hard, and you might imagine you wouldn't exactly trust the local regulatory authorities or banking system. So the price of their IBM might be way off from the price at the NYSE, because nobody can get money there, or no one can get the shares of IBM out. This is kind of the situation with bitcoin. The exchanges have lots of local issues, that combined with very limited liquidity and absence of consistent arbitrage taking place across exchanges because of these issues. Over time as the market grows these differences will disappear.<br /><br />To get the best most accurate price go to http://bitcoincharts.com/markets/ Notice that volume column all the way on the end. Trust the exchanges with the most consistent volume, BitstampUSD is usually the most reliable USD price for now....michaelhttps://www.blogger.com/profile/00496865065830114955noreply@blogger.comtag:blogger.com,1999:blog-6985466530046378626.post-10783651848224616952014-02-17T07:01:23.361-08:002014-02-17T07:01:23.361-08:00I've been doing some bitcoin-related projects,...I've been doing some bitcoin-related projects, and the issue is that no one seems to know what it is. Is it a payment system? A new world currency impervious to inflation, to get us through apocalyptic times? A cash substitute for making anonymous transactions online? Just another speculative tool? Each answer gives you a different point of valuation, which makes for the wide spread and, of course, the sheer kookiness of the whole project. Annie Loguehttps://www.blogger.com/profile/16521305626844280034noreply@blogger.com