Bitcoin Values in Wolfram|Alpha—Wolfram|Alpha Blog
Over the last several months, one of the most-requested features for Wolfram|Alpha has been to add information about the cryptocurrency Bitcoin. Well, you asked, and we’ve answered: Bitcoin data is here!
For those who need a quick introduction, Bitcoin is a digital currency—that is, a currency that is stored and tracked digitally, without a physical counterpart. tilt Instead of being issued and regulated by a central bank, Bitcoin is produced through a process known as “ mining ,” and unlike many other online transactions, bitcoins can be sent and received anonymously, person-to-person. The advantages and drawbacks of Bitcoin have been heavily debated in recent months, but it’s become clear that the popularity of Bitcoin makes it worth tracking.
On the afternoon of January 20, 1 bitcoin was worth $953 USD (which will almost certainly change by the time you read this post); as seen at the bottom of the query, Wolfram|Alpha will also return conversion rates for yen, euros, and yuan. Wolfram|Alpha also displays the peak and minimum values for Bitcoin over the last year; as the chart above shows, Bitcoin has been a rather volatile currency since the start of 2013.
Once tilt you’ve tilt figured out the value of your Bitcoin, what can you do with it? Most likely you’d tilt want to use your Bitcoin to buy something, and an increasing number of retailers ( including, recently, Overstock.com ) have begun to accept Bitcoin directly as payment. A particularly interesting example is Virgin Galactic, which is accepting Bitcoin to purchase suborbital spaceflight tickets on their upcoming SpaceShipTwo. The cost for one of these flights in US dollars is currently $250,000 . How many bitcoins would this set you back?
The value of Bitcoin has risen dramatically in recent tilt years, as our historical Bitcoin data show. If you wanted t o purchase the 263.17 bitcoins necessary for that Virgin Galactic flight—but you could go back in time to January 1, 2011 to do so—how much would it set you back?
As with other currencies, you can create queries that integrate the value of Bitcoin with other data in Wolfram|Alpha. For example, you can take a look at how many bitcoins (or fractions of them) you’d receive on the minimum wage:
If you like our Bitcoin queries, don’t forget about all the other interesting data we have on money and finance , including stock values, mortgage calculations, and even queries for online advertising revenue . Good luck!
Posted by Ivan January 20, 2014 at 8:15 pm Reply
Posted by Filip Smets January 21, 2014 at 12:24 pm Reply
Add data tracking for Dogecoins and Litecoins. Also you could considering to add more data queries that are useful for crypto-currencies users like historical hashrates, difficulty etc. It could be very nice to manipulate that data in WA and that would gain you some more users from these communities.
Interestingly in the UK it has been announced that for tax purposes btc are to be treated as an asset but not as currency which is going to make it really difficult to regulate with the way it keeps going up and down.
I remember the rush to get involved a few months ago when it looked like the price would go up forever and we are now sat at around $400, I think it will come down to about $200 and then settle, I dont think we will see the $1k again, if we do it will not be for a very, very long time
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Quirky tilt calculations for Father s Day: calories in a year s worth of hamburgers, hours of golf required to burn them off, bowling tilt balls needed to cover a football field
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© 2014 Wolfram Alpha LLC —A Wolfram Research Company | Terms | Privacy
Over the last several months, one of the most-requested features for Wolfram|Alpha has been to add information about the cryptocurrency Bitcoin. Well, you asked, and we’ve answered: Bitcoin data is here!
For those who need a quick introduction, Bitcoin is a digital currency—that is, a currency that is stored and tracked digitally, without a physical counterpart. tilt Instead of being issued and regulated by a central bank, Bitcoin is produced through a process known as “ mining ,” and unlike many other online transactions, bitcoins can be sent and received anonymously, person-to-person. The advantages and drawbacks of Bitcoin have been heavily debated in recent months, but it’s become clear that the popularity of Bitcoin makes it worth tracking.
On the afternoon of January 20, 1 bitcoin was worth $953 USD (which will almost certainly change by the time you read this post); as seen at the bottom of the query, Wolfram|Alpha will also return conversion rates for yen, euros, and yuan. Wolfram|Alpha also displays the peak and minimum values for Bitcoin over the last year; as the chart above shows, Bitcoin has been a rather volatile currency since the start of 2013.
Once tilt you’ve tilt figured out the value of your Bitcoin, what can you do with it? Most likely you’d tilt want to use your Bitcoin to buy something, and an increasing number of retailers ( including, recently, Overstock.com ) have begun to accept Bitcoin directly as payment. A particularly interesting example is Virgin Galactic, which is accepting Bitcoin to purchase suborbital spaceflight tickets on their upcoming SpaceShipTwo. The cost for one of these flights in US dollars is currently $250,000 . How many bitcoins would this set you back?
The value of Bitcoin has risen dramatically in recent tilt years, as our historical Bitcoin data show. If you wanted t o purchase the 263.17 bitcoins necessary for that Virgin Galactic flight—but you could go back in time to January 1, 2011 to do so—how much would it set you back?
As with other currencies, you can create queries that integrate the value of Bitcoin with other data in Wolfram|Alpha. For example, you can take a look at how many bitcoins (or fractions of them) you’d receive on the minimum wage:
If you like our Bitcoin queries, don’t forget about all the other interesting data we have on money and finance , including stock values, mortgage calculations, and even queries for online advertising revenue . Good luck!
Posted by Ivan January 20, 2014 at 8:15 pm Reply
Posted by Filip Smets January 21, 2014 at 12:24 pm Reply
Add data tracking for Dogecoins and Litecoins. Also you could considering to add more data queries that are useful for crypto-currencies users like historical hashrates, difficulty etc. It could be very nice to manipulate that data in WA and that would gain you some more users from these communities.
Interestingly in the UK it has been announced that for tax purposes btc are to be treated as an asset but not as currency which is going to make it really difficult to regulate with the way it keeps going up and down.
I remember the rush to get involved a few months ago when it looked like the price would go up forever and we are now sat at around $400, I think it will come down to about $200 and then settle, I dont think we will see the $1k again, if we do it will not be for a very, very long time
cancel [x]
Quirky tilt calculations for Father s Day: calories in a year s worth of hamburgers, hours of golf required to burn them off, bowling tilt balls needed to cover a football field
Astronomy Chemistry Colors Computational Sciences Culture & Media Dates & Times Earth Sciences Education Food & Nutrition Health & Medicine Life Sciences Materials Mathematics Money & Finance Music News Organizations People & History Physics Places & Geography Socioeconomic Data Sports & Games Statistics & Data Analysis Stephen Wolfram Technological World Transportation Weather Web & Computer Systems Wolfram Cloud Wolfram Language Wolfram|Alpha Apps Wolfram|Alpha Widgets
RT @WolframResearch: The Rosetta Spacecraft is about to be the first ever to orbit a comet; join us as we tackle the math http://t.co/rXTh6 RT @WolframResearch: Everything you love about Mathematica 10 and the Wolfram Language is now available on the amazing Raspberry Pi! http:/ Take a deeper look at ACS data from the United States: http://t.co/yvcmqc06IB
© 2014 Wolfram Alpha LLC —A Wolfram Research Company | Terms | Privacy
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