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Title: Bitcoin price data Post by: IveBeenBit on August 12, 2012, 06:38:54 PM I'm looking at entering into a financial agreement with someone that will be denominated in USD but periodically settled in BTC equivalent. Is there anywhere online where one can look up historical Bitcoin data for a specific date and time?
E.g. what was the price of bitcoin at 12 noon on August 4? Any suggestions on how to word this or structure it into the contract? Thanks. Title: Re: Bitcoin price data Post by: Serge on August 12, 2012, 06:56:04 PM http://bitcoincharts.com/charts/mtgoxUSD checkbox "custom time"
Title: Re: Bitcoin price data Post by: Stephen Gornick on August 13, 2012, 04:54:02 AM http://bitcoincharts.com/charts/mtgoxUSD checkbox "custom time" That's presuming that the price at Mt. Gox is "the market price". As we've seen, prices there may vary from those at other exchanges, by as much as 2 to 3 percent, consistently. I'm looking at entering into a financial agreement with someone that will be denominated in USD but periodically settled in BTC equivalent. Is there anywhere online where one can look up historical Bitcoin data for a specific date and time? E.g. what was the price of bitcoin at 12 noon on August 4? Any suggestions on how to word this or structure it into the contract? If it doesn't matter what time of day, then just so that it is consistent and widely available, you might want to specify that the price used is the closing price at the end of the day (UTC). If the contract is short term (under a year), the Mt. Gox BTC/USD market will probably still have plurality over other markets but just to cover the bases, the language might want to say something like the closing price from the BTC/USD market with the largest volume on that day. Title: Re: Bitcoin price data Post by: niko on August 13, 2012, 10:48:36 PM If the contract is short term (under a year), the Mt. Gox BTC/USD market will probably still have plurality over other markets but just to cover the bases, the language might want to say something like the closing price from the BTC/USD market with the largest volume on that day. I would be nervous with the "largest volume on that day" in the light of record volume (and price) on btc-e during the recent hack. How about the price at a given UTC time and day from the market with the largest volume over preceeding X days? I'd go with X=7. Title: Re: Bitcoin price data Post by: J.Socal on August 17, 2012, 07:56:08 AM shyt, is it going to keep going up ???
Title: Re: Bitcoin price data Post by: 420 on August 17, 2012, 09:46:50 AM shyt, is it going to keep going up ??? no one fucking knows! this isn't like other markets, its different. Maybe it is a more free market. Much demand because more people keep finding out about bitcoin and 'getting in' and people in it are not getting out. that's it right there. supply and demand. People want bitcoin Title: Re: Bitcoin price data Post by: J.Socal on August 19, 2012, 11:03:49 PM Looks like its going down hill...I'm sure it'll be back up in a few weeks or months,when all the coins that were unloaded,are bought up again. ;D
Title: Re: Bitcoin price data Post by: Cheffe on August 19, 2012, 11:54:07 PM I just create a database for every 30 minutes saves the current courses and archived. Soon can then all access it, browse it, etc.. Webmasters can then query certain data via API to integrate it into their own applications.
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