Post
Topic
Board Speculation
Re: SecondMarket Bitcoin Investment Trust Observer
by
jl2012
on 26/11/2013, 02:49:23 UTC
So wtf is an XBT and how is it influencing the price of BTC?

XBT = BTC    Wink

just different naming

Any reason for the X and removal of the C?  Just curious.  

http://en.wikipedia.org/wiki/ISO_4217

X means non-sovereign currency. And XBC is already occupied

It is not offical ISO4217 code yet, but xe.com has adopted XBT as the code for bitcoin: http://www.xe.com/currency/xbt-bitcoin