Blog posts and product updates from Clark Moody Bitcoin
On July 17, 2010, two trading parties matched for the first time on the Mt. Gox Bitcoin exchange when 20 bitcoin changed hands for just under a dollar. The exact price of that first trade was $0.04951 per whole bitcoin. Prior to the trade on Mt. Gox, real-world goods had been exchanged for Bitcoin, but the existence of an electronic matching venue changed the game. Finding a trading partner on an…
Ten years ago, Satoshi Nakamoto mined the Genesis Block of bitcoin. A few days later , he released the source code and other cypherpunks began extending the chain through proof-of-work mining. Today there are roughly 557,000 blocks, and the mining consensus continues to operate as intended. Around 17.5 million of the eventual 21 million bitcoins are in the circulating supply. The system has never…
I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. Thus Satoshi announced Bitcoin to the Cryptography mailing list on October 31, 2008. The software code was two years in the making. The dream of digital cash was born decades earlier. Bitcoin unified multiple technologies with a sound monetary policy and economic incentives that punish…
The Bitcoin rallying cry of “To the Moon!” anticipates massive price increases and never-ending bull markets. But have we considered what would happen if we sent Bitcoin literally to the Moon? This is the first of a series of articles discussing the future of economics, money, and Bitcoin as humanity pushes outward to the planets and to the stars. Space Economics Space-based economies differ…
One year ago today, the User Activated Soft Fork ( UASF ) went live as thousands of individual nodes began enforcing a 100% signalling rate for Segregated Witness. The effort was the community’s response to the refusal of miners to activate Segregated Witness , a much-needed upgrade and capacity increase for the Bitcoin network. Individual users began running patched versions of the Bitcoin Core…
The addition of the Futures curve to Clark Moody Bitcoin was the first real-time futures visualization in the Bitcoin space. Today, Futures gets a small but important upgrade with the addition of a live label on the chart. Below the market, I’ve added two percentage values: the premium over spot and the implied growth rate. Contract Premium The first percentage is simply the contract premium (or…
Today, I’m pleased to announce the launch of the Bitcoin Street Price , a new index that tracks Bitcoin as it trades on peer-to-peer and over-the-counter exchanges. The goal of the index is to closely approximate the real-world cash value of Bitcoin. Technical Details Index values are computed every 15 minutes, reflecting the slower speed of over-the-couter trades. Trades are both volume- and…
For months I’ve been watching the Bitcoin markets tick-by-tick on a pared-down charting interface. Today, I’m releasing this experience to everyone as Tickers . With Tickers, you can see real-time trades from dozens of exchanges all on one chart. Never miss a moment of the wild Bitcoin markets! Global Currencies Tickers includes many price feeds of Bitcon trading against non-US Dollar currencies.…
