|
You can try bitcoin-otc. Nobody really cares who you are, as long as you can sign messages with your GPG key. But you need to build reputation...
|
|
|
|
You actually have to go back to July to find a weekly price differential less than 10%
Note that this was time when lots of topics were stating that the magic number was 14. |
|
|
|
Well, *technically* it's not dangerous for p2p network, of course. But crash of MtGox (for any stupid reason like they get busted for keeping marijuana in their office?) would be the real disaster for Bitcoin project and economy. Mostly because they hold milions of bitcoins and some huge amount of dollars. Many bitcoin businesses are holding funds there. Also trust in whole concept will be shaken a LOT ("where we should keep our funds when *even MtGox* is gone?"). I believe that only few believers will remain here after such disaster scenario.
For longterm success of Bitcoin project we need to spread this power across more exchanges, make that pie charts above more balanced. Exchanges like Intersango and Cryptoxchange, which are built as serious businesses (not like some anonymous guys from east Europe), looks trustworthy and are promising competitors. Let's see if they'll be successful - it's in the interest of all of us.
Yes, technically. We already have some exchanges built as a serious and professional businesses, such as CampBX or (the now closed) ExchB, but people haven't moved from MtGox. It is hard for new exchanges to get a decent market share, regardless of how professional they look. Anyway, these companies are 4/5 months old at most so let's wait and see if that pie chart moves. |
|
|
|
Valid viewpoint. But why? Why is the current situation with Mt. Gox' 80% market share less than optimal?
It's not dangerous for the network (like the 51% hashrate problem for example), but monopolies are usually not a good thing. If there are a few companies competing in the same area, the consumer will get a better service, better prices, etc. I guess that the monopoly comes as a consequence of the free market, but I still find it strange that adepts of a decentralized currency trade 80% of their money through a single company. |
|
|
|
Just sold a game to tomba. Smooth deal with a fast payment. Recommended buyer  |
|
|
|
So on the original subject, anyone know how much volume SR is doing? Or other black markets that use bitcoin?
Maybe an answer could be found by asking in silkroad community forums: http://dkn255hz262ypmii.onionAnd let us know if you find out  |
|
|
|
Thank you  |
|
|
|
After my newly acquired Javascript skills (i.e. copy/paste during the last couple of hours), I created a web version of these charts. The data is from the current day (UTC time) provided by Bitcoincharts. I will mail them to see if they can add the 31 days volume to the API. The first chart has the bitcoin volume of each exchange. The second one merges mtgoxUSD, mtgoxEUR, etc. into one (the same goes for tradehill, intersango and ruxum). The third is a non-MtGox version (thanks to chodpaba for the idea). The fourth is the volume per currency.  Here is the link: http://marketcharts.netii.net/(it's probably temporary until I make something prettier or until someone else adds something like this to their page) |
|
|
|
I was playing around with google charts and I thought about creating a web version of these. Surprisingly, bitcoincharts' API only provides volume data from the current day. Does anyone know where can I get the monthly volume, or at least the 24h volume? |
|
|
|
|
That non-MtGox version is how the MtGox version should look like - the biggest exchange has less than 50%.
|
|
|
|
I do agree that things are not looking good for bulls... But we'll see.
And... We are back to normal. It was just another regular day with a small spike. |
|
|
|
It's crude, but there you go.
MtGox does "own" everything, specially if you also consider MtGoxGBP, MtGoxEUR and the other currencies. Anyway, thanks for the chart |
|
|
|
|
I do agree that things are not looking good for bulls... But we'll see.
|
|
|
|
Vou pesquisar comprar uma só por enquanto. 5770 já dá para o gasto?
Não sei quanto custa a electricidade no Brasil, mas se estás a pensar ganhar dinheiro com isto é melhor fazeres umas contas antes... |
|
|
|
Has anyone done any figures with some standard ROI figures for an "average" mining rig?
A lot of calculations have been done. See this calculator for example http://tpbitcalc.appspot.com/ |
|
|
|
|
Is there a pie chart (similar to the hashrate chart) that shows the percentage of the market volume by exchange? I know this isn't hard to do and the result would be something like "90% MtGox 10% Others", but I think it would be nice to see a more visual representation of this data. It would also be interesting to know the percentage of bitcoins traded in USD, EUR, GBP, etc.
|
|
|
|
bitcoins.com is probably the starting point for their new visual.
|
|
|
|
How would miners know. No miner can be 100% certain they see all transactions from all nodes in the network at all time. You may suspect it is true but you can't definitively know. Worse if some miners accept the block and some don't then you have effectively reduced the hashing power on the longest chain.
Would be a good precursor to a 51% attack to break the "cohension" of the good miners by creating multiple "double spend blocks" and fragment the network hashing power into multiple sub-chains.
Given the limitations of bitcoin being a peer to peer network where no node can have 100% certainty that they have seen every transaction there is no solution to a Finney attack other than to required 1-confirm.
Thanks for the explanation. Now that I know the answer to all my geek questions, I will just sit back and agree with Steve: it's too much work for a pizza |
|
|
|
|
Show Posts
