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Topic: BitcoinPrices.com - Bitcoin Exchange Rates (Read 9074 times)

donator
Activity: 2352
Merit: 1060
between a rock and a block!
June 20, 2011, 10:54:51 AM
#24
http://bitcoinprices.com is currently down?

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legendary
Activity: 2506
Merit: 1010
I'm not entirely sure I understand how the prices are determined.

Because Mt. Gox has one rate, BTC/USD, I'm assuming all the others are based on the BTC/USD then converted to the other currencies using the XE exchange rate for each.

But I know that soon Mt. Gox will have BTC/JPY and BTC/EUR:
  - http://www.bitcoinmoney.com/post/5765886176

So, will the BTC/USD be used for all other currencies except for computing BTC/JPY and BTC/EUR, with those coming straight from Mt. Gox?   Or will there be some other approach?

With TradeHill, this is the case already ... I can deposit in Chile (CLN), Peru (PEN), India (INR), USD and LR USD (they treat Liberty Reserve as its own currency).  I can withdraw in each of those as well, except for PEN which is not available for withdrawal just yet.

newbie
Activity: 2
Merit: 0
great stuff Smiley
newbie
Activity: 49
Merit: 0
@darbsllim

Not yet! But definitely I would do that, if there are others interested in such a collaboration. And thanks for the positive feedback!
sr. member
Activity: 297
Merit: 251
Founder, Filmmaker, Fun Guy
Very well designed site, great job!

Have you been connecting with the other users involved in these types of projects?

Brad
newbie
Activity: 49
Merit: 0
Upppss! That's a real typo Shocked Embarrassed! Next proof, that the most hidden things are those ones that are in front of your eyes all the time Wink. It has been corrected!
full member
Activity: 154
Merit: 100
Just noticed this typo in the header:

Exchage














n   <-- found it hiding down here Cheesy


newbie
Activity: 49
Merit: 0
Thanks doood! Your donation is extremely motivating to further develop this project! Cheers!
newbie
Activity: 49
Merit: 0
@foo
Next good point added to TODO list. I'm totally aware that this a little bit rough version, but since it's public now, there is much stronger motivation to implement all needed changes Cheesy.


@doood
Row with Korean Won added!
foo
sr. member
Activity: 409
Merit: 250
One small comment: time stamps without a time zone specification are virtually useless, since you can't know when "10:00" was.
newbie
Activity: 49
Merit: 0
@kseistrup

Thanks for feedback! Definitely I will try to introduce this suggestion.
hero member
Activity: 566
Merit: 500
Unselfish actions pay back better
Enhancement request:  Please align the rates vertically over the decimal separator.

Cheers,
newbie
Activity: 49
Merit: 0
Why is the USD row showing all ZEROs?

Good catch! But it's only shows for MtGox. That's a small bug that have correct today! Regarding Korean Won I will add it right now.
full member
Activity: 154
Merit: 100
Also, @Ronin, I will pay you 5 btc if you add a row for Korean Won.

Cheers.
full member
Activity: 154
Merit: 100
Why is the USD row showing all ZEROs?
newbie
Activity: 42
Merit: 0
@Basiley

Totally agree! But not everyone has to be a value investor. Good speculation is simply fun.
amounts of "Fun" seriously depend involved entities/sides/persons/corporations/trusts/gov'ts personality/goals
for example some counter-BTC forces[from notorious banks or gov'ts to just greedy traders] can serously question BTC surival, properly organising BTC-attack&have appropriate budget 4 this.
so little intel/counter-intel in market safety interest, IMO.
w/o breaching anyone/anythingprivacy, of course and outside cyberspace[such things could be seen(indirectly), made at SUCH scale, IMO].

for example, many Americans can remember yearly XX actions, made that way just to bring US to knees. And its works, sadly :[ mayb ppl suffer/died in result, families ruined, country [nearly]collapsed.
newbie
Activity: 49
Merit: 0
@Basiley

Totally agree! But not everyone has to be a value investor. Good speculation is simply fun.
newbie
Activity: 42
Merit: 0
[usual]stock market speculations dynamic hardly reflect seriously BTC value.
newbie
Activity: 49
Merit: 0
Yeah partially Wink. With http://bitcoinprices.com you can easily compare at which market the current price of BTC in your own currency, depending on if you want to buy or sell,  is the best. So for instance, I use bitomat, where the price of bitcoins due to big popularity of Bitcoin in Poland, is sometimes almost 30% higher than exchange rate at MtGox. So there are arbitrage opportunities out there Wink. You buy on MtGox and instantly sell in the market with less liquidity or vice versa. I think that with the new exchange markets coming into play there will be some good bitcoin deals possible.
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