Currency exchange - Revision history

Cryptal: /* See also */ Merge redirects

2020-04-29T11:13:36Z

Wumpus: sellbitcoins.io is stale link

2017-09-28T18:47:16Z

sellbitcoins.io is stale link

← Older revision		Revision as of 18:47, 28 September 2017
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	* [[Selling bitcoins]]		* [[Selling bitcoins]]
	* [[Secure Trading]]		* [[Secure Trading]]

	~~== Related Resources ==~~
	* [https://www.sellbitcoins.io/ SellBitcoins.io] - Find exchanges to cash out bitcoins.

	==References==		==References==

Wumpus: Remove extremely outdated list of exchangers and currencies

2017-09-28T18:46:04Z

Remove extremely outdated list of exchangers and currencies

← Older revision		Revision as of 18:46, 28 September 2017
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	Communication with the Bitcoin currency exchanges is commonly done using a standard web browser, over a secure SSL connection.		Communication with the Bitcoin currency exchanges is commonly done using a standard web browser, over a secure SSL connection.

	~~The payment methods that are most commonly accepted and used by Bitcoin currency exchanges are:~~

	* Bitcoin transfers
	* Liberty Reserve
	* Bank wires
	* Credit cards

	~~Currencies that can be exchanged with Bitcoins in an automated way include:~~

	* US Dollars
	* Euros
	* Japanese Yen
	* Russian Rubles
	* Pound Sterling
	* Pecunix Gold

	=="Soft currencies" and chargebacks==		=="Soft currencies" and chargebacks==

Jordan at 08:23, 17 April 2016

2016-04-17T08:23:45Z

← Older revision		Revision as of 08:23, 17 April 2016
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	* [[Selling bitcoins]]		* [[Selling bitcoins]]
	* [[Secure Trading]]		* [[Secure Trading]]

			== Related Resources ==
			* [https://www.sellbitcoins.io/ SellBitcoins.io] - Find exchanges to cash out bitcoins.

	==References==		==References==

Aweb: The link was not fixed but rather replaced with another reference URL into my contribution section that was added on 22:54, 1 February 2014‎

2016-02-09T20:04:31Z

The link was not fixed but rather replaced with another reference URL into my contribution section that was added on 22:54, 1 February 2014‎

← Older revision		Revision as of 20:04, 9 February 2016
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	==Exchange Rates and Market Forces==		==Exchange Rates and Market Forces==

	Early in the life of Bitcoin, the currency showed some major fluctuations in exchange value, ranging from under $50 to $266 US. The exchange rate of Bitcoin has shown relatively stable growth since the beginning of 2013. ~~The~~ current exchange rate for bitcoins is at $959.58 US. The all time high for the value of a single bitcoin was on November 17th, 2013 when it reached $1216.73 US on the Mt. Gox exchange.		Early in the life of Bitcoin, the currency showed some major fluctuations in exchange value, ranging from under $50 to $266 US. The exchange rate of Bitcoin has shown relatively stable growth since the beginning of 2013. According to Currency.Wiki <ref>[http://www.currency.wiki/bitcoin What is a Bitcoin converter?]</ref>, as of February 01, 2014, the current exchange rate for bitcoins is at $959.58 US. The all time high for the value of a single bitcoin was on November 17th, 2013 when it reached $1216.73 US on the Mt. Gox exchange.

	Bitcoin has been criticized by economists for bubbling up around itself, similar to the housing market in the US before the crash and it is true that Bitcoin has shown a tendency for rapid rises and crashes in price. However, given the instability of the global economy, Bitcoin has proven to be a reliable investment compared to many other popular currencies. In particular the European debt crisis gave rise to a large amount of currency being converted to bitcoin to keep it safe from the falling value of the Euro. These investments in turn drove up the value of the bitcoin thanks to its unique production method.		Bitcoin has been criticized by economists for bubbling up around itself, similar to the housing market in the US before the crash and it is true that Bitcoin has shown a tendency for rapid rises and crashes in price. However, given the instability of the global economy, Bitcoin has proven to be a reliable investment compared to many other popular currencies. In particular the European debt crisis gave rise to a large amount of currency being converted to bitcoin to keep it safe from the falling value of the Euro. These investments in turn drove up the value of the bitcoin thanks to its unique production method.

BitcoinX at 14:33, 3 September 2015

2015-09-03T14:33:05Z

← Older revision		Revision as of 14:33, 3 September 2015
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	==References==		==References==
	<references/>		<references/>

	~~==External Links==~~
	* [http://www.runtogold.com/goldmoney/bitgold-review/ Bitgold]

	[[Category:Exchanges]]		[[Category:Exchanges]]

BitcoinX: Typos, grammar, updates

2015-09-03T14:31:53Z

Typos, grammar, updates

← Older revision		Revision as of 14:31, 3 September 2015
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	Bitcoin has been criticized by economists for bubbling up around itself, similar to the housing market in the US before the crash and it is true that Bitcoin has shown a tendency for rapid rises and crashes in price. However, given the instability of the global economy, Bitcoin has proven to be a reliable investment compared to many other popular currencies. In particular the European debt crisis gave rise to a large amount of currency being converted to bitcoin to keep it safe from the falling value of the Euro. These investments in turn drove up the value of the bitcoin thanks to its unique production method.		Bitcoin has been criticized by economists for bubbling up around itself, similar to the housing market in the US before the crash and it is true that Bitcoin has shown a tendency for rapid rises and crashes in price. However, given the instability of the global economy, Bitcoin has proven to be a reliable investment compared to many other popular currencies. In particular the European debt crisis gave rise to a large amount of currency being converted to bitcoin to keep it safe from the falling value of the Euro. These investments in turn drove up the value of the bitcoin thanks to its unique production method.

	Despite the growing popularity of bitcoin transactions and the generally rising price, several events have shown an inability to withstand major blows to its reputation. The FBI seizure of ~~aroun~~ 26,000 bitcoins from the drug distribution website Silk Road more than halved the value of individual bitcoins. Technical errors have also proven to be a difficulty for speculators on the exchange value of the BTC. In April of 2013, a backlog of transactions shut down the Mt. Gox website, causing a drop in value from $266 to $77 US.		Despite the growing popularity of bitcoin transactions and the generally rising price, several events have shown an inability to withstand major blows to its reputation. The FBI seizure of around 26,000 bitcoins from the drug distribution website Silk Road more than halved the value of individual bitcoins. Technical errors have also proven to be a difficulty for speculators on the exchange value of the BTC. In April of 2013, a backlog of transactions shut down the Mt. Gox website, causing a drop in value from $266 to $77 US.

	While it ~~is becoming~~ easier to ~~acquire, mine~~<ref>[https://~~www.bitcoinmining~~.~~com~~ Bitcoin ~~Mining~~]</ref> ~~and spend bitcoins~~, the availability of access to the currency has been one of the greatest sources of variability in its exchange rate. Because of ~~crackdowns by various governments~~, most notably the US, it ~~can be difficult~~ to convert your local currency into Bitcoin, which has led to highly variable prices based on geography, which, for a currency which is designed to be borderless, has proven to be an issue, given that so many bitcoin users treat their bitcoins more like an asset than a currency~~, that~~ is to say, they intend to hold onto their BTC until they decide to convert back into their local currency, rather than spend it online for anonymous transactions.		While it has become easier to buy and sell bitcoins with the influx of bitcoin exchanges <ref>[https://bitcoinx.io Bitcoin Exchanges]</ref> across the world over the past couple of years, the availability of access to the currency has been one of the greatest sources of variability in its exchange rate. Because of looming government regulations, most notably the U.S., it has been a challenge to convert your local currency into Bitcoin, which has led to highly variable prices based on geography, which, for a currency which is designed to be borderless, has proven to be an issue, given that so many bitcoin users treat their bitcoins more like an asset than a currency. That is to say, they intend to hold onto their BTC until they decide to convert back into their local currency, rather than spend it online for anonymous transactions.

	==See also==		==See also==

Sunnankar: /* References */

2015-06-17T15:17:33Z

References

← Older revision		Revision as of 15:17, 17 June 2015
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	==References==		==References==
	<references/>		<references/>

			==External Links==
			* [http://www.runtogold.com/goldmoney/bitgold-review/ Bitgold]

	[[Category:Exchanges]]		[[Category:Exchanges]]

Sunnankar: /* Exchange Rates and Market Forces */

2015-06-17T15:17:16Z

Exchange Rates and Market Forces

← Older revision		Revision as of 15:17, 17 June 2015
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	Despite the growing popularity of bitcoin transactions and the generally rising price, several events have shown an inability to withstand major blows to its reputation. The FBI seizure of aroun 26,000 bitcoins from the drug distribution website Silk Road more than halved the value of individual bitcoins. Technical errors have also proven to be a difficulty for speculators on the exchange value of the BTC. In April of 2013, a backlog of transactions shut down the Mt. Gox website, causing a drop in value from $266 to $77 US.		Despite the growing popularity of bitcoin transactions and the generally rising price, several events have shown an inability to withstand major blows to its reputation. The FBI seizure of aroun 26,000 bitcoins from the drug distribution website Silk Road more than halved the value of individual bitcoins. Technical errors have also proven to be a difficulty for speculators on the exchange value of the BTC. In April of 2013, a backlog of transactions shut down the Mt. Gox website, causing a drop in value from $266 to $77 US.

	While it is becoming easier to acquire, mine<ref>[~~http~~://www.bitcoinmining.com Bitcoin Mining]</ref> and spend bitcoins, the availability of access to the currency has been one of the greatest sources of variability in its exchange rate. Because of crackdowns by various governments, most notably the US, it can be difficult to convert your local currency into Bitcoin, which has led to highly variable prices based on geography, which, for a currency which is designed to be borderless, has proven to be an issue, given that so many bitcoin users treat their bitcoins more like an asset than a currency, that is to say, they intend to hold onto their BTC until they decide to convert back into their local currency, rather than spend it online for anonymous transactions.		While it is becoming easier to acquire, mine<ref>[https://www.bitcoinmining.com Bitcoin Mining]</ref> and spend bitcoins, the availability of access to the currency has been one of the greatest sources of variability in its exchange rate. Because of crackdowns by various governments, most notably the US, it can be difficult to convert your local currency into Bitcoin, which has led to highly variable prices based on geography, which, for a currency which is designed to be borderless, has proven to be an issue, given that so many bitcoin users treat their bitcoins more like an asset than a currency, that is to say, they intend to hold onto their BTC until they decide to convert back into their local currency, rather than spend it online for anonymous transactions.

	==See also==		==See also==

Sunnankar: /* Exchange Rates and Market Forces */ Fix broken link.

2015-05-28T01:00:53Z

Exchange Rates and Market Forces: Fix broken link.

← Older revision		Revision as of 01:00, 28 May 2015
Line 31:		Line 31:
	==Exchange Rates and Market Forces==		==Exchange Rates and Market Forces==

	Early in the life of Bitcoin, the currency showed some major fluctuations in exchange value, ranging from under $50 to $266 US. The exchange rate of Bitcoin has shown relatively stable growth since the beginning of 2013. ~~According to ConvertHub.com <ref>[http://www.converterhub.com/bitcoin What is a Bitcoin converter?]</ref>, as of February 01, 2014, the~~ current exchange rate for bitcoins is at $959.58 US. The all time high for the value of a single bitcoin was on November 17th, 2013 when it reached $1216.73 US on the Mt. Gox exchange.		Early in the life of Bitcoin, the currency showed some major fluctuations in exchange value, ranging from under $50 to $266 US. The exchange rate of Bitcoin has shown relatively stable growth since the beginning of 2013. The current exchange rate for bitcoins is at $959.58 US. The all time high for the value of a single bitcoin was on November 17th, 2013 when it reached $1216.73 US on the Mt. Gox exchange.

	Bitcoin has been criticized by economists for bubbling up around itself, similar to the housing market in the US before the crash and it is true that Bitcoin has shown a tendency for rapid rises and crashes in price. However, given the instability of the global economy, Bitcoin has proven to be a reliable investment compared to many other popular currencies. In particular the European debt crisis gave rise to a large amount of currency being converted to bitcoin to keep it safe from the falling value of the Euro. These investments in turn drove up the value of the bitcoin thanks to its unique production method.		Bitcoin has been criticized by economists for bubbling up around itself, similar to the housing market in the US before the crash and it is true that Bitcoin has shown a tendency for rapid rises and crashes in price. However, given the instability of the global economy, Bitcoin has proven to be a reliable investment compared to many other popular currencies. In particular the European debt crisis gave rise to a large amount of currency being converted to bitcoin to keep it safe from the falling value of the Euro. These investments in turn drove up the value of the bitcoin thanks to its unique production method.
Line 37:		Line 37:
	Despite the growing popularity of bitcoin transactions and the generally rising price, several events have shown an inability to withstand major blows to its reputation. The FBI seizure of aroun 26,000 bitcoins from the drug distribution website Silk Road more than halved the value of individual bitcoins. Technical errors have also proven to be a difficulty for speculators on the exchange value of the BTC. In April of 2013, a backlog of transactions shut down the Mt. Gox website, causing a drop in value from $266 to $77 US.		Despite the growing popularity of bitcoin transactions and the generally rising price, several events have shown an inability to withstand major blows to its reputation. The FBI seizure of aroun 26,000 bitcoins from the drug distribution website Silk Road more than halved the value of individual bitcoins. Technical errors have also proven to be a difficulty for speculators on the exchange value of the BTC. In April of 2013, a backlog of transactions shut down the Mt. Gox website, causing a drop in value from $266 to $77 US.

	While it is becoming easier to acquire and spend bitcoins, the availability of access to the currency has been one of the greatest sources of variability in its exchange rate. Because of crackdowns by various governments, most notably the US, it can be difficult to convert your local currency into Bitcoin, which has led to highly variable prices based on geography, which, for a currency which is designed to be borderless, has proven to be an issue, given that so many bitcoin users treat their bitcoins more like an asset than a currency, that is to say, they intend to hold onto their BTC until they decide to convert back into their local currency, rather than spend it online for anonymous transactions.		While it is becoming easier to acquire, mine<ref>[http://www.bitcoinmining.com Bitcoin Mining]</ref> and spend bitcoins, the availability of access to the currency has been one of the greatest sources of variability in its exchange rate. Because of crackdowns by various governments, most notably the US, it can be difficult to convert your local currency into Bitcoin, which has led to highly variable prices based on geography, which, for a currency which is designed to be borderless, has proven to be an issue, given that so many bitcoin users treat their bitcoins more like an asset than a currency, that is to say, they intend to hold onto their BTC until they decide to convert back into their local currency, rather than spend it online for anonymous transactions.

	==See also==		==See also==

← Older revision		Revision as of 11:13, 29 April 2020
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	* [[:Category:Exchanges\|Exchanges]]		* [[:Category:Exchanges\|Exchanges]]
	* [[~~Buying bitcoins]]~~		* [[Trading bitcoins]]
	* [[Selling bitcoins]]
	* [[Secure Trading]]		* [[Secure Trading]]