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Isn't it the case that all bitcoin transactions are in some kind of . . . what do you call it . . . ledger? And don't we know roughly the price of bitcoin in US
by asfasgasg 9y ago
Isn't it the case that all bitcoin transactions are in some kind of . . . what do you call it . . . ledger? And don't we know roughly the price of bitcoin in USD at all times? It seems like it would be pretty easy to import all this info into a spreadsheet or even just a little Python script to calculate everything correctly according to wash rules and what have you.
- sp332 9y agoNo, if you trade using an exchange, the transaction does not get put on the global ledger. The accounts at an exchange are kept on the exchange's own books. Trades into and out of the exchange are registered on the global ledger, but they will show up coming to/from the exchange's large working wallets, and will not be traceable to an individual user's account without inside information.