Bitcoin’s detractors have for some time argued that the cryptocurrency’s high volatility makes it unsuitable even as a medium of exchange, because volatility increases the cost of hedging.Companies such as Bitpay and Coinbase, who process Bitcoin payments for merchants who only want to deal in dollars, take on the risk of currency fluctuations between the time they receive the coins and the time they can sell them.These companies have to hedge.They seem to be able to do so and charge fees of only 1%, so the cost of hedging can’t be prohibitively high.Even so, it’s worth looking at Bitcoin’s volatility over time.As Bitcoin becomes more widely used and more liquid, we should expect volatility to decrease.And that is exactly what we find.I calculated Bitcoin’s historical volatility using price data from Mt.Gox (downloaded from Blockchain.info), which is the only consistent source of pricing data over a long period.There is a clear trend of falling volatility over time, albeit with some aberrations in recent months.

The trend is statistically significant: a univariate OLS regression yields a t-score on the date variable of 15.Historical volatility is different from implied volatility — the latter uses the price of derivatives to produce an estimate of volatility going forward, while the former looks at variation in past price movements.When we get a healthy Bitcoin/USD derivatives market going, we’ll have both a better measure of volatility and probably less volatility, since such derivatives make better forms of arbitrage possible.Bitcoin is still about ten times more volatile than, say, the Euro priced in US dollars.But if Bitcoin’s volatility kept falling in half every three and a half years, it would be as stable as the Euro in less than 15 years.If you want to check my assumptions or build off of this work, my Stata code to produce the volatility estimate is below.Mind the line breaks!BTC/USD - 5 days candlestick chart - 2,672 USD Trade financial markets with Bitcoin leveraged!Use your Bitcoin to trade the financial markets: stocks, forex, crypto, commodities.

Be a whale now!Trade on WhaleClub Most traded cryptocoin pairs chart shows last 30 days ETH/BTC - 0.1214 BTC ETH/USDT - 324.34 USDT LTC/CNY - 332.00 CNY BTC/CNY - 19,939 CNY Cryptocurrency News Coinimal – Vienna based BTC / NXT Broker There’s a new cryptocoin broker in town!Coinimal GmbH is located in the heart of Europe, in Vienna and was founded 2014 by three tech entrepreneurs.After a short verification process you are able to buy BTC, NXT and LTC instantly via SOFORTüberweisung, OBT or EPS.The bought coins are within two minutes in your […] created on 2015-01-19 Happy birthday NXT!The decentralized and trustless financial ecosystem NXT is celebrating its first birthday.Lots of ideas were developed and many thousand lines of source code were written in the last 12 months.Some quick facts for you: Marketcap is $18,994,845 85,708 accounts with more than 200 new accounts each day 648,274 total transaction If you are […] created on 2014-11-24 About us Charts for all cryptocurrencies, long term with orderbook.

There are many alternative cryptocurrencies to bitcoin out there for trading.Some of them are good, some of them are bad (scumcoins).litecoin with coinbaseMost of them had a short life.wow prepaid bitcoinWith the charts on this website you are able to see how the prices of the altcoins were going up or down.bitcoin dice php scriptThe volume of each coin shows how big the market is to check if its worth to invest it in.bitcoin uangBecome an Investor now and get paid a monthly dividend.litecoin mining package dogecoinStatistics CryptoCoinCharts.info is storing 164,144,810 trades of 2211 currency pairs, fetched from 63 exchanges.bitcoin casino craps

Total marketcap of all Altcoins (without BTC) is 14,655,200.00 BTC and the total 24h volume traded with all trading pairs in the cryptocurrency altcoin universe is 112,772.00 BTC.777 bitcoin casinoInteresting Coins voted Coin Bitcoin DogeCoin Litecoin VertCoinbitcoin mine nvidiaBitcoin - Schweizer Franken EDT is calling on Amazon to accept bitcoin 'ASAP' (AMZN) Blockchain raises $40 million from Lakestar and Google's venture arm Nvidia is getting a huge boost from a red-hot cryptocurrency (NVDA) Bitcoin storms back Bitcoin is tumbling MORGAN STANLEY: Bitcoin isn't a currency One of the world's top central bankers warns digital currencies like bitcoin could worsen future financial crises GOLDMAN SACHS: Bitcoin is looking 'heavy' Bitcoin - Schweizer Franken - Price (BTC - CHF) Speculators boost net long U.S.bitcoin to euro graph

dollars; euro longs fall -CFTC, Reuters is calling on Amazon to accept bitcoin 'ASAP' (AMZN) John McAfee's latest gambit is mining Ethereum — the cryptocurrency that's up nearly 4,000% this yearPlease open a VirWoX account if you want the best exchange rate by trading on the exchange, or trade other virtual currencies.Do you find trading on the exchange too complicated?You just want to buy OM¢ fast, simply, and securely?Just enter on the left how much you would like to buy, and how you would like to pay!No registration is necessary.The OM¢ will be sent instantly to the specified avatar.VirWoX now also trades MVC V$ (MVC), the virtual currency used in the OpenSim-based virtual world My Virtual Community.It is possible to buy and sell V$ in exchange for Euro.We look forward to offer MVC residents same quality of service that has made us the largest independent exchange for Second Life Lindens.Unfortunately, we can no longer send Linden Dollars from VirWoX accounts to Second Life avatars.

Linden Dollars can only be bought on Second Life's LindeX exchange.If you still have SLL in your VirWoX account, you can continue to trade them to other currencies.Also, the VirWoX Partner Network will continue as before.NETELLER is no longer available on VirWoX.We apologize for any inconvenience this may cause, and will be looking for alternatives.As a result of our partnership with SOFORT AG, you can deposit money directly from your bank account into your VirWoX account and have it credited immediately.All you need is an online-enabled bank account in Germany, Austria, Switzerland, Belgium, the Netherlands, and now also in France, Italy, Poland, or Spain.You do not need a credit card, nor do you need to register for using the service.More details can be found here.Today we passed a number of important milestones at the same time: We were able to welcome our registered user number 100,000.Also, we have traded over 30 billion Linden dollars, emphasizing our position as the leading independent exchange for trading Linden dollars.

In addition, we have traded already 200 million Avination C$.We are proud to announce that VirWoX has been awarded the status are of an officially Authorized Linden Dollar Reseller by Linden Lab.As a result, we can continue to offer the residents of Second Life a wide range of payment options to buy Linden Dollars.However, please note that under the new terms of service we are no longer allowed to take back your Linden Dollars from Second Life and let you "cash out".Our in-world terminals will therefore no longer accept Linden Dollar deposits.The VirWoX Partner Network and the Currency Shop Program will continue as before.About 5.5 million Linden Dollars have already been paid to our partners in the first 4 months of 2013.We look back to a very successful year 2012, in which VirWoX strengthened its position as the leading independent exchange for trading Linden Dollars.Compared to 2011, the number of registered users rose by 56%, from 43,388 to 67,572.Trading volume grew even faster, from 5,896 million Linden Dollars in 2011 to 9,609 million Linden Dollars in 2012 (+63%).