Bitcoin Forum

Economy => Trading Discussion => Topic started by: S3052 on January 30, 2011, 07:44:25 PM



Title: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: S3052 on January 30, 2011, 07:44:25 PM
In our efforts to grow the bitcoin idea, it would be useful to show laymen that Bitcoins are the best investment vs. most other financial instruments.
To show that effectively, comparative charts of BTC / USD vs. Gold, Silver, DJI, other commodities would  be brilliant.

Who has the technical capability to add this into some existing bitcoincharts sites?

thanks for leting me know.

I would like to add this perspective ideally regularly into my Bitcoin Analyses


Title: Re: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: tcatm on January 30, 2011, 07:45:33 PM
Can you give an example of such a chart (and maybe a datasource)?


Title: Re: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: S3052 on January 30, 2011, 07:48:39 PM
http://charts.comdirect.de/charts/big.chart?WIDTH=417&HEIGHT=443&TYPE=CONNECTLINE&TIME_SPAN=6M&TO=1296259212&AXIS_SCALE=lin&DATA_SCALE=rel&LNOTATIONS=1326189+8381868&LCOLORS=000000+3366cc&IND0=VOLUME&AVGTYPE=simple&WITH_EARNINGS=1&SHOWHL=1

This chart displays Gold / USD vs. EUR / USD as an example. If you replace EUR / USD with BTC/USD we would see that Bitcoins rise much more than even Gold in recent history.


Title: Re: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: tcatm on January 30, 2011, 07:56:29 PM
So it's just both charts overlaid on a relative y-axis? Like the exiting "compare with" option?


Title: Re: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: S3052 on January 30, 2011, 08:00:58 PM
Yes, exactly. This is what I had in mind.

This would be neat, and I am not aware of a sizeable other index that outperformed bitcoins in the past 6-12 months.


Title: Re: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: tcatm on January 30, 2011, 08:02:26 PM
Do you know a good source I could poll for Gold / USD price and a source for Gold price history?


Title: Re: Charts wanted: Bitcoin /USD price development vs. DJI, Gold, Silver, etc?
Post by: S3052 on January 30, 2011, 08:13:54 PM
You can get some historical prices from yahoo finance:

I.e for the DJI and for most other financial instruments.
http://finance.yahoo.com/q/hp?s=%5EDJI+Historical+Prices (http://finance.yahoo.com/q/hp?s=%5EDJI+Historical+Prices)

I used to download this stuff in excel some years ago and built my own charts using excel. However, this is too tedious for me and since I have no clue about web design etc.. this does not make sense to me.