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Author Topic: How do i get the exchange rate between BTC and *$ without needing an intermediary step?  (Read 1298 times)
TiagoTiago
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April 26, 2011, 02:44:20 AM
 #1

To get the exchange rate between BTC and BRL for example, currently i first get the rate between BRL and USD (or EUR) and the rate between USD (or EUR) and BTC, and then combine the two rates; how can i get the the exchange rate directly without needing to use an intermediary currency?

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TiagoTiago
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April 26, 2011, 02:45:05 AM
 #2

Erm, i guess i should've posted this on Economy or somthing, can some mod move this please?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

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dishwara
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April 26, 2011, 02:54:23 AM
 #3

http://bitcoinrebate.toolbar.fm/?version=3.3.3.2

A toolbar for Firefox browser with no spam/ads....
You can use the convert to see Brazalian Real vs BTC & swap also.
or Apps->currency widget in toolbar.
Stephen Gornick
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April 26, 2011, 05:01:33 AM
 #4

If you are asking how to do it programmatically,

  mtgoxusd  bid and ask amounts:
   To convert between BTC and USD use the "bid" and "ask" values for MtgoxUSD from:
  - http://bitcoincharts.com/t/markets.json

  To then convert the other currencies:
  -  http://www.google.com/ig/calculator?hl=en&q=1USD=?BRL
   - http://www.google.com/ig/calculator?hl=en&q=1BRL=?USD


If you instead want a human readable tool, such as a web widget:
  - http://bitcoin.1t2l.net/widget/
  - http://bitcoin.1t2l.net/widget/?from=BTC

TiagoTiago
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April 26, 2011, 02:36:54 PM
 #5

I'm asking how to do it directly, without needing to use the USD/BTC exchange rate; i wanna know how to do it myself, without even a third party program doing the intermediary step; or is that not possible?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

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PLATO
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April 26, 2011, 02:44:00 PM
 #6

AFAIK there is no exchange selling BRL, so you can't do it directly. There is one order on the -otc order book as of April 26th. http://bitcoin-otc.com/vieworderbook.php?sortby=buysell&eitherthing=BRL
dishwara
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April 26, 2011, 05:14:04 PM
 #7

If you instead want a human readable tool, such as a web widget:
  - http://bitcoin.1t2l.net/widget/
  - http://bitcoin.1t2l.net/widget/?from=BTC

Just try this link, it does directly from Brazilian Real to BTC
TiagoTiago
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April 26, 2011, 11:26:43 PM
 #8

But how do they work?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
dishwara
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April 27, 2011, 12:15:23 AM
 #9

Select Brazilian Real instead of US dollars in pull down menu by clicking the arrow next to the word "US Dollar", you will see many other currencies. Select yours & it changes the price of BTC auto.
TiagoTiago
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April 27, 2011, 12:22:38 AM
 #10

No, i don't mean how do i use it, i mean how does it do it?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
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