Bitcoin Forum

Economy => Service Discussion => Topic started by: Addition on October 26, 2014, 09:36:36 AM



Title: Coindesk BPI wrong?
Post by: Addition on October 26, 2014, 09:36:36 AM
Hey,

Shit myself because thought the price had shot up 26% in past 20 minutes  ;D

Must be a glitch?

http://www.coindesk.com/price/ (http://www.coindesk.com/price/)


Title: Re: Coindesk BPI wrong?
Post by: Jamie_Boulder on October 26, 2014, 09:53:24 AM
That's defiantly inaccurate, guess their feed got a surge in purchases.

EDIT: Looks like "LakeBTC" is our culprit, current price of BTC on their website is $675 which has boosted the Coindesk average to $420 or so.


Title: Re: Coindesk BPI wrong?
Post by: Addition on October 26, 2014, 10:08:02 AM
That's defiantly inaccurate, guess their feed got a surge in purchases.

EDIT: Looks like "LakeBTC" is our culprit, current price of BTC on their website is $675 which has boosted the Coindesk average to $420 or so.

Wow good spot!


Title: Re: Coindesk BPI wrong?
Post by: susan234 on October 26, 2014, 10:12:26 AM
Hey,

Shit myself because thought the price had shot up 26% in past 20 minutes  ;D

Must be a glitch?

http://www.coindesk.com/price/ (http://www.coindesk.com/price/)

did you say the  price of Bitcoin? yes  this time ,you should only do one thing that is hold your coins


Title: Re: Coindesk BPI wrong?
Post by: deepestfear on October 26, 2014, 10:17:30 AM
Yep lake btc is the culprit, px more around 360


Title: Re: Coindesk BPI wrong?
Post by: side39 on October 26, 2014, 10:19:39 AM
Hey,

Shit myself because thought the price had shot up 26% in past 20 minutes  ;D

Must be a glitch?

http://www.coindesk.com/price/ (http://www.coindesk.com/price/)

yes you are wrang. the price will rise up!


Title: Re: Coindesk BPI wrong?
Post by: nana789 on October 26, 2014, 10:30:58 AM
i have baught 2 BTC yesterday  ;D


Title: Re: Coindesk BPI wrong?
Post by: liu405 on October 26, 2014, 01:14:52 PM
Hey,

Shit myself because thought the price had shot up 26% in past 20 minutes  ;D

Must be a glitch?

http://www.coindesk.com/price/ (http://www.coindesk.com/price/)

now you can buy it back , the price won't only rise up 20%,may be 200%


Title: Re: Coindesk BPI wrong?
Post by: segvec on October 26, 2014, 01:17:20 PM
A glitch...thought the same the moment it occurred.
Thought the bulls were coming.  ::)


Title: Re: Coindesk BPI wrong?
Post by: bitllionaire on October 26, 2014, 02:47:41 PM
it looks that coindesk has not been working prperly today, I was going to read an article,and the page could not load properly


Title: Re: Coindesk BPI wrong?
Post by: FortuneBlesser on October 26, 2014, 03:33:30 PM
that glitch looked so suspicious :(


Title: Re: Coindesk BPI wrong?
Post by: Peegasus on October 28, 2014, 05:04:29 AM
Yeah, I saw something like BPI rising to $4500+ yesterday. Was that also a glitch? Or did I just see it wrong?


Title: Re: Coindesk BPI wrong?
Post by: opossum on October 28, 2014, 05:40:51 AM
That's defiantly inaccurate, guess their feed got a surge in purchases.

EDIT: Looks like "LakeBTC" is our culprit, current price of BTC on their website is $675 which has boosted the Coindesk average to $420 or so.
This is one reason why it is not good to look at these kinds of averages. It would be much more beneficial to look at the trading price of multiple exchanges, along with the volume of each exchange) as it will allow you to identify outliers in price. It would also allow you to identify which exchanges you should avoid (when a certain exchanges price is very different then other exchanges, as this is an indication the exchange is going through some level of problems