Bitcoin Forum

Yup, well done. Bitcoinaverage has been my go-to site for a week now.

Would be even better if it included a chart though..

Hi, thanks for the comment. There are lots of small things we want to do/achieve first, things like charts are definitely something we will be looking at in the future!

Is the average price weighted to the volume traded?

For instance, if Mt. Gox sells BTC for 105 and they trade 40% of the sales, and Bitstamp sells BTC for 90 with 60% of sales, is the "average" closer to 90 then 105?

Never mind, I should have read the OP more...

Looks to be a very practical site great work.  :)

Excellent work on the website, really informative. A great addition to the community. Bookmarked.

Frontend has been updated slightly.

to be honest, I think Mt Gox should be deleted. the value is worth nothing, for the time being.

This has been suggested by a few people. We think the best option is to allow individual users of the API to opt out of including a certain exchange at their discretion, so this is on our to-do list!

Mtgox as always has the best prices  :D
You should include bid and asks prices. Volume would be great as well.

If you take a look at the site, everything you mentioned is included :)

excellent, this is really what I have been needing!
great job!   ;D

Can you add the australian and new zealand dollars??

Yes, other currencies and USD > currency conversions should be live by next week.

Cool service, Inputs.io uses this (fallback to whatisthebitcoinprice and then fallback to MtGox).

With localbitcoins you should do some sanity checking - it was reporting an ask of a few million EUR per BTC two days ago.

very nice

i will bookmark this

This site looks good.

Looks to be a very practical site great work

Please get that icbit price out of the average. i want to use your site for pricing but cant if you are going to have an average that is so far way from the average between mt gox and bitstamp.

If you add local  bitcoin ask prices please keep it separate.

The data is weighted,

icbit    0.00%    0.18

This will not influence the price you use at all as its less than a quarter of a bitcoin, does that help ?

I think the above also covers your comment regarding localbitcoins, their volume is currently 0.51%

looks great man! thanks for the hard work.

Hi,

Great idea...

I think you should add some other high-volume exchanges -- BTCChina for one.

Also, can you use vwap rather than last price for each index, where available? This should give you better results.

Yes, both these things will be implemented we hope on Wednesday, along with some other changes

By the way, the 1 BTC donation was from Inputs :) http://blockexplorer.com/address/1EQDEEbYJuevPpJsDczQzspTV8GRTCpk1T

Very much appreciated, thankyou :)

Excellent work, I'm thinking of making an android widget that uses your api.   Should we talk more first or can I just go ahead?

Any way to get a graph of the average price ?

Hey there -

Great site/service, and definitely needed + appreciated.  Agree with the post above; would be really amazing to see a visual graph of the averages, and how things have fluctuated.  Thank you so much for the site.  ;D

Good work! Would be even better if it was available in a neat little chrome extension. Might be something I'll just make myself though.

Thanks. Yes extensions/widgets/apps are all things that will come in the future if people haven't already developed them :)

There are currently a few people who have shown interest in using the API for such things, so feel free to create one yourself!

Not sure for others but Bitcointalk++ accepts BitcoinAverage as a source

Six high volume Chinese exchanges added, including BTCChina, forming a properly weighted CNY rate (http://bitcoinaverage.com/#CNY). We're looking to add two more once they would supply us with ticker APIs for integration.



As a temporary measure until situation around MTGox will solve itself we've added an option to exclude MTGox from USD/EUR/GBP calculations. This is also reflected in the API at http://api.bitcoinaverage.com/no-mtgox/.

This is brilliant 8) The interface is simple and straight to the point. Thanks!

Same here!, i would realllllly like to get a graph of this.

donated yesterday btw, great site! :)

Very cool.

Mind if I implement using your API at my project?  (http://kryptotrader.com (http://kryptotrader.com))

great site, i use it a lot

History can now be found in the API:

http://api.bitcoinaverage.com/history/<year>/<month>/<day>

Charts will follow shortly! (thanks for the donation bitcoinspot.nl :))


Of course you can!

I'm actually working on a similar script to this one, but it scrapes every exchange i know of for every altcoin that i know of. Great minds think alike!

Thats what we need with everyone being Goxxed again. I hope that I can see a chart for the BTCAVG index in the near future

As far as i'm aware we have most exchanges covered. We have received many emails from users with new exchanges that we have then added, and this will continue so that all newly formed exchanges/trade platforms are considered. As for altcoins it is something we are very aware of, however we took the active decision to focus solely on bitcoin for the time being.


I know we keep saying this but charts are coming :)

Would be nice of blockchain.info used your service for wallet valuation and general stats prices.

Great site, I use it all the time now... 8)

Bitcoin.average is nice site and looks so user friendly site. I learn a lot of new things from this site.

Great site, thanks!

My apologies if this has been asked before, but would it be possible to have just ONE price across ALL currencies?
I believe a certain Magic the Gathering Card Exchange refer to ECB exchange rates for their internal conversions, found here http://www.ecb.europa.eu/stats/exchange/eurofxref/html/index.en.html, maybe you could do something similar?

Example:
Market 1 - Volume 10000, Price 150, currency USD
Market 2 - Volume 2000, Price 105, currency EUR
Exchange rate: 1 EUR = 1.32 USD

Real price in USD = ( V1 * P1 + V2 * P2*1.32 ) / (V1+V2) = 148.1
Real price in EUR = ( V1 * P1 / 1.32 + V2 * P2 ) / (V1+V2) = 112.2

I looks useful but you should add some features to simplify that.

Hi, thankyou for the feedback but could you explain a little further what you are referring to? What features would you like to see and what needs simplifying? Thanks!

For example you should change color of some number. If I visit you site, I don't know where to look first. What should I noticed first. Just bunch of number. Make there some key elements which attract visitors attention right after visiting site. Only then show them the rest.

Hmm, I partly agree and partly confused by your answer.
The agree part - yes, we might make the currently selected currency stand out more than others, so it would be little more obvious.
The confusion part - I really don't know what else could be done to attract more attention, as the prices are just in the middle of the page, biggest font. And after all I don't know what currency user is looking for when he comes to the site, so I can't show something first and then the rest - I don't know what should be "first".

going to use this for near future thanks

Feature Request -

Allow me to choose which exchanges to include/exclude in the average.  Store this as a cookie so every time I return my preferences are remembered.

Thanks!

Hi

We've considered this as an option in the very beginning, but discarded as conceptually wrong approach. The purpose of BitcoinAverage.com is to give one well grounded average market price everybody can refer to. Excluding mtgox was a hard decision and we came to a compromise here to allow exclude only mtgox and nothing else.
If we would give an option to include/exclude any exchanges - there would be no single reliable price, but a mix of multiple irrelevant prices. So we would not implement such a feature, and would remove the "exclude mtgox" button as long as the mtgox situation will solve itself.

If you really need to exclude some exchanges and you have programming skills - you can easily do required calculations using our volumes API. All data you would need for that available at http://api.bitcoinaverage.com/exchanges/all (http://api.bitcoinaverage.com/exchanges/all).

Regards
Alex at BitcoinAverage

Are you guys planning to include Kraken? (I have no idea how they are doing btw.; just wondering.)

yeah, we are. I've just talked to them yesterday, basically their ticker API is broken at the moment, so we can't do anything, but I've submitted and issue and they replied promising to fix it ASAP. once they'll release a fix - we'll integrate it.

Alex at BitcoinAverage

Thanks for the site. How about an option to "De-Weight" MtGox? Maybe put in a slider control.  I know, so many requests! :D

Right now there is a button on site to the right from USD price, labeled "Ignore MTGOx for USD/EUR/GBP". Push it - it shifts mtgox off the list for those currencies. There is an API with that data also at http://api.bitcoinaverage.com/no-mtgox/ (http://api.bitcoinaverage.com/no-mtgox/).

24hour average has been added to the API for people who requested it as a less volatile figure to use.

nice site would be nice if had a total off everything calc everything into one currency/gold/valueable so could compare btcchine vs gox easier, and gox had all currencies traded in one

Thank you for setting this up!

One thing could add value to this. If the data was downloadable as a simple CSV file this would lower the entry barrier for those who work with spreadsheets. Would be great if you made this available also for historical data (for instance since trading commenced on Mt.Gox).

What is represented by "Total market volume (24h)". Is this the volume for those exchanges which were included in the calculation? It would be of great help if the volume became part of the downloadable data.

Hi

A valuable proposition indeed. In fact we do have historical data in .csv. For example here is all our historical data for USD:

• USD price, 24h sliding window, per minute (http://api.bitcoinaverage.com/history/USD/per_minute_24h_sliding_window.csv),
• USD price, monthly sliding window, per hour (http://api.bitcoinaverage.com/history/USD/per_hour_monthly_sliding_window.csv)
• USD price, all time history, daily averages (http://api.bitcoinaverage.com/history/USD/per_day_all_time_history.csv)
• USD exchange volumes, daily (http://api.bitcoinaverage.com/history/USD/volumes.csv)

Yet you are completely right - this data is buried deep inside the API and without certain development knowledge it would be not easy to find it.
We'll add direct links to this data soon, and you can use links I've provided above for now, these are live links with correct and up to date info. To access other currencies just change currency code in the URL from USD to whatever else available on site.

Keep in mind one thing - we've started logging data no so long ago, so there might be not much to analyse yet (we didn't dig into history before BitcoinAverage.com was live).

Regards
Alex at BitcoinAverage

Just FYI, Bitkonan has added an API to there site now.
https://bitkonan.com/api-info

Hello,

Thanks for the comment, we are aware of their API, however they do not currently supply volume data. We have emailed them and are awaiting implementation.

Regards
Shaun at BitcoinAverage

Cool, thank you!  :)

As per the thread update and our reddit post http://www.reddit.com/r/Bitcoin/comments/1mnn5f/bitcoinaveragecom_now_open_source_and_other/ , the project is now open source. So feel free to continue with feedback and feature requests!

Awesome!!

Well done for taking this step! Not an easy decision, but the right one.

20/09/2013  07:00 UTC  -  Server is down for 1hour following planned maintenance

BitcoinAverage is now hosted by a bitcoin friendly provider, serverbros.

It looks beautiful, thank you!

We've added SSL on both website and API. Website users are redirected to https:// links automatically, while API users need to manually switch URLs to https.
Nothing changed in the API structure itself, just the protocol.

Nice thing, bookmarked to my list of btc tools, thx!

good and quality work keep this up super  :D

Just an update to let you know we've now moved servers. Anyone using our old servers IP instead of domain name for API calls should make sure they switch over ASAP. The old server will remain online for another week to allow people to do this!

Old server will be offline this week, so anyone still using that API hosted there please switch :)

We now have ticker images for people to use on their website/blog! Prices are updated at 5 minute intervals. Currently only available for USD/EUR/GBP, and only as shown below. Though with enough usage and demand we can add some variations

Great! Something smaller to use in post like this http://btcticker.appspot.com/btc-e/25eur.png possible?

Hey, this is slightly different and really would probably be easier for the person maintaining that service to add our rates as all the code is already in place. Though if there is a lot of demand for it we can look into doing it!

Not sure if already mentioned, but for last month or so most daily Bitcoin trading volume was in CNY markets.

Google translate of the summary page is here
http://translate.google.com/translate?sl=zh-CN&tl=en&u=http%3A//btckan.com/price%0A

Currently the average incorporates less than half total CNY based Bitcoin volume, probably because bitcoincharts.com does not carry those CNY markets, is there a way to scrape the stats ?

P.S. Thanx for your service, it's long overdue and is great !

Bug?

https://bitkonan.com/ last price USD 149.- shows as EUR 149.- on https://bitcoinaverage.com/#EUR.

Great site!
Feature request: It would be awesome if one could select which sources to draw into a chart. One line per exchange, all in the same timeframe. So you can see in one chart how the proces behave differently (or not) on the various exchanges.

Hi

Yeah, we know that bitcoin market in China roars, and we've integrated with all exchanges we found that provide a public API we could use. We're not using bitcoincharts data for CNY as they really don't have much data for this market.
I've rechecked this list (http://btckan.com/price) and as far as I see we're integrated with:

• Bitcoin China (btcchina) - ฿28280.89
• FXBTC - ฿2222.23
• Bitcoin trading network (btctrade) -   ฿6002.82
• League bitcoin people (rmbtb) - ฿1338.51
• Bit children (bter) - ฿1228.23
• GoXBTC - ฿1223.14
• OkCoin - ฿8300.27
• total integrated volume: ฿48596.09

and not integrated with

• Bit Pioneer - ฿535.96
• BTC100 - ฿13147.02
• China bitcoin - ฿4021.33
• Fire currency net - ฿6803.31
• 42BTC - ฿36.57
• total not integrated volume: ฿24,544.19

So unintegrated exchanges make up 33% of market volume.

That's a noticeable cut and we definitely would like to integrate, but none of these exchanges provide an API usable for integration. Technically it's possible to scrape their homepages HTML and try to parse values from it, yet it's complex and rather not reliable, so we didn't look into implementing it. However, if someone would like to implement such scraping and send me a pull request - I'll add it to the site for sure.
Or if you know any other CNY exchange that we are not integrated yet with that has an API - just let me know, we'll integrate asap.

Regards
Alex at BitcoinAverage
PS: I've just reenabled btctrade.com integration (they had problems with SSL recently and API was failing for a while, so it was off for technical reasons). +5000BTC daily volume to CNY average.

Bug indeed, fixed.



I guess you mean volumes chart, right? Hmm, makes sense, we'll look into adding this somewhere soon.

Alex at BitcoinAverage

The respective email addresses are:

contact at bitxf.com
business at btc100.org
cn at btcbt.com midamafood at 188.com (via whois)
leonlee.pub at gmail.com (via whois)
42btc.com at gmail.com

The more people email them and explain why an API is a good thing to have, the better. :-)

Yeah, exactly, because we ourselves already contacted them all earlier and got zero replies.

Alex at BitcoinAverage.

I've just sent new email requests to all missing CNY exchanges. We'll see if this will come to anything.

Alex at BitcoinAverage

Hopefully their mailbox is full with requests by now ;-)

Looks nice but gox should be removed from the equation at leadt until they fix their withdrawals.

That is actually optional. It's the "ignore MtGox" button.

 ::)

Another chinese exchange replied and has been integrated - bitxf.com

https://BitcoinAverage.com/#CNY

About to crack $200 FOR REAL on BitcoinAverage :)

Would be great to see BitcoinAverage prices on Bitcoinity charts.. I just posted in that forum saying as much.

First of all, I love the site, keep up the good work!

Is there any way you guys could add a 24h sliding window for the Gox-excluded price?  I noticed you have it for the regular average, but not the Gox-excluded average.  This would be a huge help, thanks.

Let me know if you want to discuss an advertising spot for your site on bitcoin buzz app on the Android Market.

However, well done... very user friendly.

Hi

Generally it's possible, but will require additional work I'm not in position to put in right now. Though I'll incorporate this for sure if someone would send a pull request with it. Or probably Bitcoinity could pull our data via API (and no-gox data also) and create nice charts for the community.

Alex at BitcoinAverage.

Hi

Thank you for a proposition, but right now we prefer to keep site design as clean and simple as possible and are not interested in putting any advertisements on it.

Regards,
Alex at BitcoinAverage

Looks like the data on bitcoinaverage.com hasn't been updated for 11 hours.  Can we get a status update here or on twitter?

Unfortunately we were not aware of this until somebody emailed us! A small bug in monitoring_daemon.py prevented us from being notified and kept the backend down (which went down due to a bug in a recent commit).

This has now been fixed, if you spot old data in future, which should be pretty rare as generally the code is very stable now, please email us

It seems like its a fairly regular occurrence, when i came here on the 29th it had been running correctly since SuperP had posted, but it wasnt working at the time.

As with then, its not working now either, saying it hasnt been updated for 6 hours.

Sadly, if the information isnt accurate it isnt much use to me, which is a real shame because i was hoping it'd help me get a reputable live btc price, but if the information its reporting isnt the live price and i'd never know without keeping an eye on the site, its usefulness as a dependable service is slim.

Hopefully its reliability will be addressed soon, because it seems like a decent service if its working.

This was a rare occasion when two unrelated bugs coincidence caused not just a little glitch, but a rather long downtime. Normally these things not happen, and even things happening are getting addresses much quicker.

Also, for quicker response on urgent matters please send an email to bitcoinaverage@gmail.com, as I'm not checking this thread often enough.

Regards
Alex at BitcoinAverage.

We have received many emails from people asking why we don't include Coinbase in our calculations. Unfortunately they have finally responded, refusing to publish their volume data :(

Sorry but there isn't anything else we can do!

Wasn't sure if I should email you guys or what, but I guess I will put it here instead. I posted you guys as the recommended price ticker: http://www.reddit.com/r/Bitcoin/comments/1qefb9/today_is_the_day_we_stop_quoting_gox_prices/cdc21yq?context=3

and Yorn2 made a good suggestion. The ability to take into account the volume of all other known exchanges and convert the currency of those exchanges into USD. So, for example, if I want to see the approximate USD value across the entire bit coin economy, then I click a button somewhere and the website fetches the average value from mtgox, btchina, other exchanges, and bitcoin.de. The current price on btchina is 2219 and on bitcoin.de is 245 euro's. Convert both to USD and then track the impact of each currency via the volume for exchanges within that currency.

I feel it would give us a better approximation for the currency since it includes exchanges not limited to the currency in question.

Edit:
They replied here saying that they might implement something like this: http://www.reddit.com/r/Bitcoin/comments/1qefb9/today_is_the_day_we_stop_quoting_gox_prices/cdcf9ba

http://blockchained.com/stuff/bps_s.png
Vote (https://bitcointalk.org/index.php?topic=251087) for BitcoinAverage as your favorite Bitcoin Project of Autumn 2013

Hi

Yeah, we've been hesitating about this feature earlier, but recently we've got so many requests for it so it was just impossible to ignore anymore. So here is it. We've called it "global average" and now it's sitting on top of all other currencies, quoted in USD. You can also see same global average quoted in every other currency in the legend area below currency market volume figure when you click on any currency.
Also, yes, this global average is of course also weighted basing on each currency market's total trading volume.
Also, yes, all this data is available in the API at https://api.bitcoinaverage.com/ticker/global/
All these calculations are done using fiat exchange rates provided by openexchangerates.org.

What we didn't do yet is adding a history tracking for it. We will do it as soon as I'll get to develop it.

Regards,
Alex at BitcoinAverage.

Great.

I like how the "ignore Gox" button only makes a difference of 0.6%  ;D

Yes, I really like your site.  I hope you guys continue to do well.

It's behaving oddly today. When I first checked today it showed 385, then moments later shot up to 420, but the... tab bar? is showing 412.

I always have Gox ignored if that matters, but it's similar with them included (although less variation between price on website and tab bar).

Could you add a Google Doc IMPORT function to the API page? Might make it easier for a few people.

Yes, several users reported strange behavior, probably this is to do something with recent update with global average, I did some background refactoring along with that. I'm looking into the issue.

Alex at BitcoinAverage

BitcoinAverage Updates Index to Include Global Average
Ask and Ye Shall Receive
https://medium.com/p/9f0b7636aea5

Nice one on the Global Average!

Now, somebody please make an Android app ;-)

Bitcoinium is working now on adding us as one of the data sources. Not sure when it will be ready for production, but I guess somewhere in near future.

Alex at BitcoinAverage

Is there a way to switch the currency for the global average to something different than USD? Supposedly it's only the default, but I can't find a way to change it.

At the moment here is no way to switch currency shown in the main block on top of everything, but you can see global average in other currencies shown down below, just under the total market volume figure for selected currency. Hmm, probably I can add an option to choose different default global average using a cookie setting. I'll think on this.

Alex at BitcoinAverage.

At this time the data on the main page is 75 minutes old.

Still nothing. I have been trying this week to get my friends to start using this service instead of the Gox price. Hope it comes back! +donated

I think Alex said at one point that it's better to email him about bugs, so I did. Also, keep in mind that this seems to be a one man show and I'm sure that man needs to sleep sometimes ;-)

+1

Two men show actually, and yes, we sleep sometimes :), and we both are in GMT+0 timezone.  Still, Shaun is the early bird, so he put things back up in the morning, and waited for me to apply proper fix next night.

Yes, I've found the core problem, one of the error checks was missing, so one particular type of faulty data exchanges give out in their APIs could cause our API parser daemon to go down. This time is was RMBTB, returning "null" for all values. Problem fixed for all exchanges, so this kind of thing should not happen again. Sorry for possible problems caused.

Also I've added a small feature, now it's possible to setup default base currency for global average. Click on the "global average price" link in the legend below total market volume and currently selected currency will be used as base for global average. This is cookie based, so applies only in the browser you clicked in.

Regards
Alex at BitcoinAverage.

If you are familiar with 'Bitcoinium', michael the developer has been kind enough to integrate BitcoinAverage, and the update should be available soon!

http://imgur.com/QYkUpt7

Regards
Shaun at BitcoinAverage

Good news all around then!  ;)

A next step could be a mini-calculator similar to preev.com

Hi

Dunno if somebody noticed, but there was a strange problem recently with several ask/bid prices, especially for GBP. I've tracked it down and it turned out to be not our problem, but bitcoincharts.com one. Right now for localbitcoins.com their API gives out completely insane data, for example:
notice ask four times lower than bid. When our system cannot reach localbitcoins.com directly - it falls back to use bitcoincharts.com API, and this caused data to be incorrect on some not easily traceable occasions.
Fixed now, we're not relying on bitcoincharts anymore for localbitcoins.com.

Alex at BitcoinAverage.

Hi All


I've suspended all integrations we have with BitcoinCharts.com, because their API is providing insane data randomly for all exchanges they have. This time it affected EUR ask/bid rates via bitcoin.de data.
Unfortunately this means that we will loose integration with several exchanges that don't have public APIs, they are:

• campbx
• bitcoin_de
• btcmarkets
• bitnz
• anx_hk
• fybsg
• fybse

I'll check campbx, they used to have API which is not really effective, but probably I could do something about it. For others I have no solution as they provide no data.

Alex at BitcoinAverage.

upd:
bitcoincharts.com reply is: "This can happen from time to time during high loads."
I don't think we can use their data if it's unreliable "by design". So I'll try to reach out to bitcoin.de and other smaller exchanges to let them know that they have fallen out of our scope.

For CampBX, can't you just hit http://campbx.com/api/xticker.php for the ticker price at least?  They don't give time or high/low, however...

Crossed orderbooks are completely natural on exchanges like bitcoin.de and localbitcoins due to manual order matching done by the users -- not automatically by the exchange!

Bitcoin.de should be top priority, it hurts any of the currencies the most by far.

Hi Alex,

we've just based our "reference rate" for our gift voucher service https//bit4coin.net (http://https//bit4coin.net) on BitcoinAverage.

First of all, thanks for your service!  :)

Naturally, we would also love to see the EUR price containing as many reliable sources as possible, so would be great if you find a way to integrate bitcoin.de.

Thanks again and keep up the great work!
Dolf for bit4coin

Unfortunately not, they do not provide any volume data in their API! We have contacted every exchange where we relied on data from bitcoincharts, feel free to do the same and hopefully they will add the necessary data to their APIs.

Regards
Shaun at BitcoinAverage

As stated in my last post we've tried to contact bitcoin.de many many times now, if there are any german speakers out there that feel they may have a better chance in pushing for an API please do email them.

Regards
Shaun at BitcoinAverage

Update on yesterday's BitcoinCharts issue.

This seems to be a misunderstanding rather than a technical problem - I didn't know that bitcoin.de is a bazaar like localbitcoins.com and not a trading engine. Yes, for such exchanges we are using a 6 hours sliding window average price as last/ask/bid exactly because of the nature of these exchange and possibility of such wild price swings.
We have averaged data from localbitcoins via direct integration, but we don't have it for bitcoin.de. And BitcoinCharts doesn't provide this data either, so I'm looking into options to integrate with bitcoin.de directly.
All other minor exchanges that were removed earlier from bitcoincharts integration are added back now. As long as it's all are trading engines and not bazaars it should not cause problems.


Alex at BitcoinAverage.

Hi guys,

Love the site! Would you consider providing cross rates, or at least more currencies? Andreas Schildbach has switched his Android app from bitcoincharts to your site because yours is more reliable, but unfortunately now it means I cannot display prices in my local currency (CHF) anymore.

It's really disconcerting to have to pick a foreign currency to display prices for any Bitcoin wallet, so even if you just calculate cross-rates through the dollar or euro rather than calculating directly from an exchange, it'd still be good to have a much wider pick of currencies to choose from.

Please quote prices in mBTC, not BTC. BTC is a thing of the past, we need to adopt mBTC. BitcoinAverage.com is very influential, please be the leader!

At the moment of writing:

Mtgox $1.092
Bitstamp $0.978
BTC-e $0.898

This should be by default, as bitcoin newbies would be unlikely to change the default.

Maybe you could publish signed daily averages and notarise them on the blockchain with http://virtual-notary.org/, https://www.btproof.com/ and https://www.proofofexistence.com/?

My favorite site. :)
Add itbit.com for SGD.

Hi All

Shaun and I are both extremely busy with another bitcoin project (http://xbterminal.com/) of ours, preparing to BitcoinExpo in London (http://www.bitcoinexpo.co.uk/) tomorrow, but next week I'll reply to all posts/emails and will release several upcoming updates.

Alex at BitcoinAverage.

Thank you for a great service. I have one suggestion for you.

I'm Norwegian, and it should be possible to get the global average price in NOK in the HTML title instead of the Norwegian markets average price. The volume in Norway is so low, so the global average price makes much more sense. Is this possible?

Hi Kupsi

Hmm, I see what you mean. Probably it would make sense to show global price in page title for each currency, not only low volume ones like NOK.
Implemented, will release this week.

Regards
Alex at BitcoinAverage.

I've added integration, but cannot release it right now - it's returning volume data for wrong time period (60 min instead of 24h as per documentation).
Queried their support on this, we'll see if they will fix it.

Alex at BitcoinAverage.

Hmm, interesting idea. Probably we could do that, yet I'm not sure if it's viable for us to pay 0.0001 (current tx fee) for each timestamp. Assuming we will do it once a day - in a year we will spend ฿0.365 on it, which becomes a noticeable amount. I think we'll wait until version 0.9 for it, when transaction prices will be able adjust to hugely increased exchange rates.

I've added a note at github (https://github.com/bitcoinaverage/bitcoinaverage/issues/70) on it, will get back to it later on.

Alex at BitcoinAverage.

Don't think we are that influential :) yet the proposition is compelling. Hmm, not sure though, it's a rather controversial issue. I'll need to think a little more about this and possible side effects, I see reasons for both ฿ and m฿.
Are there any noticeable public discussions or polls on this matter I could review?

Alex at BitcoinAverage.

I vote m฿! ฿ was the past. Soon it'll be hard to get satoshi!

Hi Mike

Hmm, right now we're presenting only currencies that have a direct exchanges available. But in fact MtGox provides CHF/BTC exchange, and localbitcoins also have some volume in it, so I think we can implement CHF directly, and also global average in CHF, which would be much more reliable to refer to.
I'll release it this week.

Hmm, probably we should redesign global average area and implement full range of possible world currencies for it, while keeping actual local averages only for currencies directly traded for BTC.

Alex at BitcoinAverage.

Oh, just noticed that I was posting from my personal account, rather than website's one. Good though I'm signing all my posts.
All posts from user @alexykot are legitimate answers from BitcoinAverage, that's me.

Alex at BitcoinAverage.

just make a toggle. best of both worlds.

BitCoin Average is fantastic and my #1 source for BTC price.  Thanks all involved! :)

Thanx BitcoinAverage for the fantastic site and awesome support.

Thank you! Looking forward to this  :D

Update released. Changes:

- bitcoin.de added back, now with proper direct integration.
- page title switched to show global average for each currency
- twitter bot updated to tweet global average, not local USD market price
- bitcash integration suspended (their website is hacked, bitcoins stolen)
- bidextreme integration removed (their website is legally shut down)
- CHF (Swiss Franc) added (MtGox and localbitcoins)
- itbit.com integration implemented, but is offline now, API period problem, support request sent.

We're still thinking about millibits and about other more massive updates, probably will release something about this soon also.


Alex at BitcoinAverage.

Just an update to say Bitcoinium support is now done, so you can have a BTCAVG ticker on your android homescreens!

https://play.google.com/store/apps/details?id=com.veken0m.cavirtex

Big thanks to mike for getting this done as we're a little overrun at the moment

Regards
Shaun at BitcoinAverage

It would be nice if the Bitcoinium widget also could use the global average converted to NOK instead of the NOK markets average  ;)

Millibit is live!
All rates on live site are now calculated for m฿ as default base. There is a button to switch back to full ฿ if needed.

Another important change - we have decided to remove the famous "No MtGox" button. Since the time this button was introduced global situation has changed, we've seen China rising, and global weights moving east, so now MtGox has about 8% of total global trading volume, not 30-50% it used to have, so it's effect on the global average price is not worth a special button anymore. So the button is gone.
/no-mtgox API is still present, for those who are still using it. We encourage everybody using it now to switch to global average instead, we will monitor it's usage and will switch it off eventually.

As of other changes - bitcoin-central.net integration added.

Regards,
Alex at BitcoinAverage.

Good work, I have to say that the global index is the way to go.  I really question the usefulness of currency-specific indices, at least for freely-convertable currencies.

I'm in the UK.  If I want to buy XBT, I would probably buy on Bitstamp.  Even though this is an EU-based exchange, they run their market in USD.  They accept SEPA transfers (the internal EU bank transfer mechanism) which are much cheaper than wire transfers, but only available denominated in EUR.

So what would happen is that I would instruct my bank to send funds from my GBP denominated bank account by SEPA to Bitstamp.  My bank will convert my GBP to EUR and make the transfer.  Bitstamp, on receiving the transfer, will convert the EUR into USD and deposit it in my account, and finally I would trade that for XBT.

In the past when I used Gox, I might have made a similar transfer to Gox's European account.  Again my bank would have converted my GBP to EUR and sent them to Gox, who would have deposited the EUR to my account.  I would then place a buy order on Gox.  But the way Gox's multi-currency orderbook works, my EUR buy order might well (for a small fee) get matched against a USD sell order, with Gox doing the currency conversion.  So again, multiple currency conversions.

The fact of the matter is, it makes no difference to me whether the exchange is denominated in GBP or EUR or USD or JPY - these are all freely convertible expressions of fiat, and it's often the norm that the fiat will be converted between currencies multiple times. It's just a units change (albeit one that incurs a small fee).  So the idea that anyone might care about what currency the exchange's orderbook is actually denominated in has always seemed bizarre to me.

What I care about is exchanging fiat for coins (and vice versa) and I'll use whatever exchange is best for me in terms of costs, convenience, reliability, etc.  I care not one jot what units the fiat quantities on their orderbook are quoted in.  This is one thing that Gox has understood for a long time - their multicurrency orderbook essentially regards fiat as a single market.  You can pull currency-specific datafeeds off Gox if you really want (and people like you and Bitcoincharts do).  But it's not really that meaningful because Gox will happily match buy and sell orders that are denominated in different currencies.

So I encourage you to continue to shift the emphasis away from indices that select a subset of exchanges based on the fiat currency their orderbook happens to be quoted in to global, or at least regional indices.  What we need are global (and possibly regional indices).  But what fiat currency we choose to express the index in should have no impact on how the index is calculated.

It does make sense to construct regional indices based on access to exchanges; e.g. BTC China's rate is not of much relevance to me because I have no access to that exchange.  Even though CNY is somewhat convertible these days, BTC China is only open to people with Chinese bank accounts.

But mainly - global is the way to go.... I'd put much less focus on currency-specific markets.  Oh, and any chance of history for the global index? :-)

Access to historical data is going to become an increasingly common requirement in order to provide valuations for accounting or tax purposes....  Currently we have the Coindesk BPI, but the more indices to choose from, the better.

roy

Thanks for adding CHF! But I agree with the poster above - for thinly traded currencies, it'd be better to calculate a cross-rate. I don't know how easy it is to obtain "regular" currency market conversion rates so they can be multiplied through, but it's really hard to use Bitcoin in a country when your local currency isn't listed. Simply providing cross-rates would be a big boost to Bitcoin commerce throughout the world as then they would start showing up in wallet apps that are switching to bitcoinaverage.com

That's true, but my point is broader than that.  Even if you're in a currency zone with a relatively liquid XBT market (the EUR countries spring to mind) then it still doesn't make sense.  If trading on a USD exchange gives a better rate than an EUR exchange why would you not take advantage of that?

You can argue that other-currency markets are less relevent because they're more expensive to access - but I'm not convinced that 'same currency' is a good proxy for identifying which markets are cheaply accessible from a particular country.  And once you get into wire transfers, fees aren't necessarily that strongly correlated with whether or not there's a currency conversion involved...

roy

Let's get the button to ignore mtshit back.

Very nice site!

May I ask why you've opted to plot all the charts on a linear scale?  Is it just that this is the default used by the charting extension you've employed?  Wouldn't a logarithmic scale be more appropriate in view of:

• The general preference by most FX traders and charting programs for the logarithmic scale.
• The extreme volatility of Bitcoin relative to the biggest fiat currencies.

A quick glance at some long-term Mt.Gox logarithmic (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgMzm1g10zm2g25zvzl) and linear (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgMzm1g10zm2g25zv) charts highlights the absurdity of conveying Bitcoin price data on the linear scale.

There seems to be something strange going on with the "Global Average" number.  Even though the USD and CNY (converted to USD) prices are very close and >90% of the volume, the Global Average number is much lower than either of these prices.  That would imply the rest of the world is WAY below this price - which seems to NOT be the case. 

(I have a web page image to insert here but don't know how to do it.)

Google "free image hosting", take your pick, upload your image at that site and it will return a link. Post this link here.

A great idea. Any reason why the all time stats (per_day_all_time_history USD) cannot be extended before 03/09/2013?

To make good trading decisions you need ALL the data.

Thanks

Data wasnt collected before.

I really appreciate your website but i think some of your chinese markets show completely wrong numbers for the volumes. For example fxbtc shows a 24h volume of 22620.9 BTC probably from here: https://data.fxbtc.com/api?op=query_ticker&symbol=btc_cny

But that seems completely unplausible. According to bitcoin-analytics their complete order book is only 1200k CNY and 180 BTC. In the chart on the homepage you can actually see very small trades and a daily volume of about 490 BTC. So maybe that 22620.9 from their api is the 30 day BTC volume. You should clarify that or remove it from your computation because now it is by far the largest contributing market.

And do we know whether we can trust data from okcoin now? They had been accused (http://www.coindesk.com/chinese-bitcoin-exchange-okcoin-accused-faking-trading-data/) to fake their volume and are still reporting far more 24h volume than even mtgox/bitsamp/btce. That's also not plausible.

Maybe you could add a switch to remove suspicious markets from price computation.

That is not BTCAVG mistake, but the Chinese exchanges tempering with their API streams.

Yeah I liked that button.

Yes its the chinese mistake. But it is also BTCAVG responsibility to handle such situations when we know something is wrong. Manipulated volumes are a serious issue.

This has me thinking ..couldn't the Chinese Gov't Use the exchanges as pawns and put through fake sell orders?

Reminds me of precious metals markets where there are claims of naked short selling to manipulate the market.

This could be a reason Chinese Gov't Keep Markets alive...so they could manipulate it?

Nothing like a good conspiracy theory on a Sunday Afternoon.

 :o

Perhaps there should be a filter to exclude markets that are not truly liquid? Like the old Mt. Gox Filter?

Thank you for such a great resource!  I'll definitely look into implementing it at bitco.in once the new site goes live.  Will probably use something more simple in the meantime like BTCquote while I'm learning your code.

Firstly I have to say I love bitcoinaverage, thank you guys for making it!

Secondly I was wondering if you guys are still going to add bitonic.nl to the index?

Thanks!

edit: I see it's there now. Awesome!

Great site! :)

Any plans to add more (possibly all from site) currencies to API?

Hmm, this is an complex question. On one hand - we are strongly against creating custom filters that will allow everyone to create random prices based on their personal preferences. Old MtGox filter was a forced compromise I don't really want to get back to.
On the other hand - I see this as our responsibility to react on suspicious behaviour and potentially filter out unfair market players.

If we will decide to take away certain exchanges - we need to have a good ground for this decision.
Is there any reliable and ideally measurable way to recognize faked volume or price data?

Alex at BitcoinAverage

We have released API for global averages at https://api.bitcoinaverage.com/ticker/global/* (https://api.bitcoinaverage.com/ticker/global/). You now have all possible world currencies available in the API.
Also this explanation chart (https://bitcoinaverage.com/explain.htm) tells how all these global averages are calculated.

Alex at BitcoinAverage

I wonder if Patrick Byrne of Overstock.com would be interested in discussing this?
He is a strong advocate against naked short selling which is essentially counterfeiting of a company's stock
http://www.overstock.com/naked-short-selling.html

and of course
http://www.overstock.com/bitcoin

similar but not exactly the same situation

The TBTF bank fx system I used to work on many years ago would take a feed from many sources and discard the outliers before averaging to get the rate we used for internal valuations.

In some ways less is more. Consider Bitstamp and BTC-e at the time of this post, $826.26 & 829, are trading within $3 of each other. But interestingly Huobi shows 5015 which is $828.9 (using USDCNY=6.05)

So these three exchanges alone are giving a strong market price which could be converted to all other world currencies.

Likely most of the other exchanges are outliers due to low volume / illiquidity, fiat delays, excessive fees.

This is still my favorite bitcoin price site.  I say good job to the bitcoinaverage.com folks.  Nice to keep hearing updates on the project.

Sort of related article: http://www.coindesk.com/2013-bitcoin-trading-volume-winners-losers/

tl;dr: 3rd party audits would be reliable. At the moment exchanges can feed us what they like. I think even if their volume numbers are not tampered with, they could run bots on their own to boost volume. Like so many things bitcoin it comes down to trust.

A question regarding:

Is this data from https://bl3p.com ?


They say they're online since 21. January and their 30d charts shows a volume of 4 BTC. Something seems amiss.

We support BitcoinAverage !
Checkout our Live Ticker Chrome Extension for BitcoinAverage  :)
https://bitcointalk.org/index.php?topic=424686.0

Nope, this is coming from bitonic.nl, as I understand BL3p is a new creation from the same team. bitonic.nl is an OTC exchange, while BL3p is a new trading engine.

Added to list of projects on the FAQ page.

Does anybody know any price ticker extensions for other browsers?

Alex at BitcoinAverage.

https://addons.mozilla.org/en-US/firefox/addon/bitcoin-price-ticker/

https://addons.opera.com/en/extensions/details/bitcoin-ticker/?display=en

Excellent site!

I'm curious about two things:

• ETA on embeddable charts
• How do you plan to monetize your service?

Since MtGox price is SO far out of whack from the others, I'd like to exclude it from my average.  Acknowledging that this could be true for some other exchange in the future, I propose that every exchange has a checkbox next to its name so the user can choose which exchanges to include or exclude from the average.  For example, I'd like to exclude localbitcoins also.

Is there any way to get historical data going back more than 24 hours?  I found https://api.bitcoinaverage.com/history/USD/per_minute_24h_global_average_sliding_window.csv but am really looking for data going further back (daily would be fine).

ETA: Actually, I can't make sense of the URL above.... the "USD global average" column seems to be blank unless LibreOffice messed up the CSV import...

Thanks

roy

Bookmarked !

Sorry, fixing my question.
Does anybody know any price ticker extensions for other browsers that can show BitcoinAverage price?

I've googled those two before, but none of these use BitcoinAverage, and Opera one uses MtGox, which is completely not great.

Alex at BitcoinAverage

Hmm, I'm not sure about ETA for embeddable charts, but we'll see what we can do here. What charts would be most interesting for you?

As for monetisation - I'm receiving plenty of tempting advertising propositions, though as for now I'm keeping site clean and clear of that stuff. Also our API is used by multiple various other services, including several commercial ones, so I see some potential in there also. Still, right now my goal is to reach the status of universal price reference service. Monetisation is not of priority right now.

Alex at BitcoinAverage.

Hmm, I've checked that file, I see what you mean - headers are messed up, while the data itself is fine. I'll fix that soon.

Historical data - hmm, we're saving data daily, but it's not available online, only by request. I can get it for you if you need, just ask. It will be daily per-minute CSVs, but it's not going to long in the past, as we've started tracking global averages not so long ago.

Alex at BitcoinAverage

Have important update - we've made a decision on chinese exchanges suspected in faking trading volume figures.

fxbtc integration changed to calculate actual trades and now it shows a much lower and probably real volume.
okcoin does not provide trading history data, so we can't go that route. So okcoin has been removed, it's put to ignored exchanges list now.
btctrade - removed also, for same reasons.

As a result of this CNY market trading volume shrank by around ten times, and now has much lower influence on global average price.

If someone has any information relevant to the case - we're happy to listen. We will probably review this decision once this situation will remedy itself.

Alex at BitcoinAverage.

Great work Alex.

Unfortunately the job is not complete until mtgox is removed too.
When/if they get fiat transfers back to < 1 week only then can they be considered a valid price source.

We do not consider MtGox as "valid price source", as for me - none of the individual exchanges are. But as long as they are not faking their ticker figures and someone is still willing to trade there even considering fiat withdrawal problems - we should count it in as one of the market players.
Since MtGox volume is not decisive anymore even for USD market (not to mention global averages) - we don't see the need to exclude it. It exists and works, it is a part of the global landscape, whether we like it or not, and we have to include it.

Alex at BitcoinAverage.

Hey Alex,

Thanks for including cross-rates! This will make local trading much easier in many countries.

Unfortunately it seems to have caused some crazy problems in CHF trading because there you provide both a cross-rate and data based on real trading, and the spreads are enormous. I wish we had fluid and efficient arbitrage in Bitcoin-world but it seems we don't yet :( For instance, CHF is listed as 0.745 on the site, which is the cross-rate, but some Android wallets are showing more like 0.816 which I guess is the old trade-based data.

I am not sure what to do about this, to be honest ....

Could I just check with you.... when computing Mt Gox's volume for a currency, do you make sure only to inlcude primary transactions as returned by the Mt Gox API?  If not, you will end up, the global average will end up double counting transactions that are cross-matched between, e.g. the EUR and USD orderbooks (which Mt. Gox.'s multi-currency ordermatching will do if it's still the best order on the orderbook, taking into account the Gox currency conversion fee).

roy

Ah, that's way more detail than I want.  Ok, let me take a step back and explain what I'm really looking for...

I would like to see a daily indicative Bitcoin price for each calendar day (ideally both published on the web site and accessible by an API).  There is often a need to determine the market value of an asset for tax or accounting purposes.  For pragmatic reasons, in many circumstances it is adequate to calculate the market value using an indicative price for the asset on the day in question; for shares, published daily closing prices are often used for this purpose.

Currently the only published indicative daily prices for Bitcoin are Coindesk's published 'closing prices' for their Bitcoin Price Index.  I don't find their methodology ideal for a number of reasons, but that's a separate discussion.  For now, what I'd like to see is more providers publishing such pricing data.

I don't have a strong feeling how the daily price index should be calculated.  Volume-weighted average over the day?  Midprice at a particular time of day?  (Noon?  End-of-day? i.e. midnight.)  Nor do I have a strong feeling for what timezone is used to define 'day'.

It would be great to have more options for getting data like this than Coindesk's current data...

roy

Volume weighted averages would be a very good addition.

Hi Mike

Hmm, this is exactly the MtGox problem. CHF is directly traded only by MtGox and LocalBitcoins, with gox having over 50% of volume, so direct trading figure is goxed and not really reflective.

We've discussed it with Andreas Schildbach recently and he is going to switch his Bitcoin Wallet to crossrated global averages asap, and mycelium wallet is already using global averages. So I think this issue will fix itself soon by switching two main wallets to crossrate.
Blockchain.info and coinbase are two other most popular wallets, and both are using their own exchange rates, not sure where those are coming from.

Too bad I didn't make it to the event in central London last week to meet in person. Probably some other time then.

Alex at BitcoinAverage

Hmm, this is a good question actually. We're using their API tickers, which provide trading volumes separately for different currencies. I assume they do calculations right and not provide doubled volumes through their API, however I couldn't find this explicitly stated anywhere. I'll approach them directly and find out. Will update you when I'll know more.





Hmm, I see what you mean now.
I think "closing price" here would be not really fair, as any particular time you'll pick up for this calculation will be inevitably favoring some markets that fit their daytime trading activity nicely and neglect others.
A volume-weighted average over last 24h seems much better to me here. Because it will include activity on all global markets, which ranges and differs a lot during the day, and won't favor particular markets above the others, but will consider trading volume only, which is measurable and unbiased parameter. And it can be shot at any time during the day, particular time is not important in this case. Midnight by GMT would be handy reference point probably.

Alex at BitcoinAverage

This is exactly what we are doing since very beginning. Or did I misunderstand you?

Alex at BitcoinAverage

You are volume weighting the prices of different exchanges at the same point in time, in addition it would be nice to have volume weighted averages of the same exchange (or group of exchanges) over the past 24 hours.

Volume-Weighted Average Price (VWAP) normally refers to the average price of some security or commodity based on trades over some period of time, calculated in the 'obvious' way (i.e. what we were talking about above).  I agree it seems slightly odd to refer this as 'volume weighted' but I suppose it means as opposed to the doing the completely insane thing of just calculateing the simply average of the 'price' column in your spreadsheet of trades without paying any attention to the quantity the trades were for.

ETA: I suppose it could be in contrast to a time-average...

roy

I'd naturally expect that summing the currency volumes would double-count the cross-currency trades.  Will be interested to hear what you find out.

The primary charts in which I would be interested would be average price and trading volumes.  Thanks for the excellent service you're providing; I'll stay tuned.

Closing price is what Coindesk does, but I'm not sure it makes a lot of sense for a market that doesn't close.  It you had to pick a single time for a daily pricing 'fix' then noon would make more sense IMHO.  Personally I think a 24hr average, midnight-to-midnight, would make a lot of sense (and midnight GMT is as good a choice of midnight as any, although I don't care that much).

I'm not really wedded to details here; I'd just like to see more people publishing tables that say Bitcoin was worth this much on this particular date.  (If multiple such sources emerge I will probably just use a simple average of the published indices unless/until one emerges as the de facto standard.)

roy

While i understand ignoring mt gox for "withdrawals blocked" - it doesn't change that trades are occurring. Kind of need the data still. Thanks

It's not data, it's noise.

Well ya know, give the users the option to decide that themselves IMO.

great tool

We are looking for someone to help us with some small PR tasks, if thats of any interest to people following this thread please email us!

Also if anyone would like to contribute to the design/charts we would be interested in hearing from you

Hi

Previous message was not specific enough.

BitcoinAverage is looking for a business cofounder, able and willing to take us to the top. We're ready to share equal part of the company and discuss business models.
Contact us here or at bitcoinaverage@gmail.com

Regards
Alex at BitcoinAverage.

Great,  something from the community rather than taking advantage of the community,  keep up the good work :)

+1

Can you tell us how you calculate the exchange rates for non major currencies like MXN (Mexican Pesos)?

On the right hand side of of the main currencies, click "more currencies" and take your pick. Or take this shortcut: https://bitcoinaverage.com/#MXN  ;)

Yes I know that non major currency rates are calculated. I want to know *how* they calculated. Where does BitcoinAverage.com gets the conversion rates?

I see.

https://bitcoinaverage.com/explain.htm

Thank you but that doesnt answer my question:

Where does BitcoinAverage get their rates. Specifically how do they convert from USD to MXN (Mexican Pesos). Note that there are not any exchanges operating in MXN.

Hi,

Terrific service, use it all the time. You guys definitely need a smartphone app. A 1x1 Widget on the home screen that displays the current mBTC rate is easy to develop and would be awesome.

I did not read the whole thread and I'm sure this has been requested before, so pls consider it as +1. Cheers.

Bitcoinium was mentioned in the thread and it works well for me. 1x2 though.

https://play.google.com/store/apps/details?id=com.veken0m.cavirtex

QR code:
http://zxing.org/w/chart?cht=qr&chs=350x350&chld=L&choe=UTF-8&chl=https%3A%2F%2Fplay.google.com%2Fstore%2Fapps%2Fdetails%3Fid%3Dcom.veken0m.cavirtex

Why huobi isn't there?

https://play.google.com/store/apps/details?id=com.bstaruk.btcprice

Bitcoinaverage is also great because it's the only online tool where
you can look at the whole price history of bitcoin in ONE chart (2010 - today)

But: I would love to see this in log scale! Is that possible?

https://bitcoinaverage.com/charts.htm#USD-averages-all

Huobi is currently ignored due to its extremely high trading volume (which has now been confirmed as being due to their 0% trading fees)

We are seeking a solution so that we can integrate exchanges of this nature without it significantly distorting the price. If anyone has ideas on this feel free to contact us

Regards
Shaun at BitcoinAverage

Thanks for the suggestion, i'll add this to our list of improvements!

I consider any exchange with zero fees to be an unreliable price indicator.. Even those with volume brackets whereby high volume leads to zero fees.  Every trade should incur a fee, and to take it one step further I quite like that Ripple incurs a fee even just to place a bid and ask.. this keeps only serious traders on the books, stops wall manipulation to a degree.

Thanks for that!

I think it is extremely important to show new users the complete price history of Bitcoin.
And as I said, bitcoinaverage.com is the ONLY way to do that.
(besides using photoshop):
https://i.imgur.com/JMZmSFB.jpg

I get a redirect-loop warning (in google chrome) on the charts page as of early this morning (just now, 27th) when clicking either "Charts" link or the small chart on the main page, when GBP selected and shown as the currency. Not used the site for several days but I normally use the charts.

I used preev.com to check daily bitcoin price but It seems that this site has more useful tools so i marked It :)

ERR_TOO_MANY_REDIRECTS
on https://bitcoinaverage.com/charts

Thanks for both reports, the issue has now been resolved.

Regards
Shaun

As above thankyou for pointing this out, my error!

As for the charts, we never set out to be a charting site, the API was always our focus. However, we would like to improve them a little. We don't have any intention of developing something like bitcoinwisdom, but what small/basic features are we missing that you would appreciate?

Have you guys put out an official android widget yet?  I never did get around to writing my own.  I find your api quite useful.

Like I already said, a log. scale of the charts. This would be the ONLY chart in the web
that can tell the WHOLE price story of the Bitcoin (2010-now). Can't wait to see it!!!
https://bitcoinaverage.com/charts.htm#USD-averages-all

Yes! I'd like to see that log scale too, if it looks like a straight diagonal line, we are in-the-money!  :)

Thanks! Is it open source? I hope so, it'd be great to have the rules determining the average open source. (sure, they might be straightforward, but still better to see it and share it.)
I'd love it if we would all start to see a more representative number all over the place.

Nothing official no, If someone wants to design and give us a price for this please email us (we are purely funded from donations/ads so no huge quotes!). I'm aware its a very basic app/widget but we're bogged down at the moment!

Ok, this is in the job queue :)

Yes it is, this was our vision since conception, however it seems most of the larger organisations and media like to quote prices from people they are in bed with.

Having said that we are receiving more and more requests from investment groups and the like, http://www.falconglobalcapital.com/ are now using our index for their fund.

Repo - https://github.com/bitcoinaverage/bitcoinaverage

Regards
Shaun

Cool! But don't wait too long, people need this, especially during a long correction phase for a better full picture:
Look at these two reddit discussions with only gox OR Bitstamp charts, these people need you!!!

http://www.reddit.com/r/Bitcoin/comments/24xtjt/chill_out_were_exactly_where_were_supposed_to_be/
http://www.reddit.com/r/Bitcoin/comments/24x4fp/chill_out_were_exactly_where_were_supposed_to_be/

This site looks good.very like it.

What just happened to EURO market?

1btc = 322k eur (https://i.imgur.com/DVrH23M.png)  :o

Is Justcoin hacked?

This has really improved over the time that I have looked at it, great work!

minimalB - We fixed a caching issue that lasted for approx. 2 hours. The error caused missing decimal places for the BTC/EUR market and prevented any trades from taking place in the BTC/EUR market. No money changed hands using the wrong price points.

Everything is back to normal and we hope that the next time 1 BTC = 320k EUR, it is not a display error.  :)

Excellent. I hope you're set up to handle heavy traffic and API usage. This is the kind of approach the market needs to stay rational and decentralized.

Yes, this is where our main focus is at the moment, we're redesigning a lot of the code to provide more frequent data updates as well.

Did you guys ever come up with an official android widget?  I've got one that uses your api, but I'd switch to your official version if you ever get one.

Unfortunately not, we're working off very little time and funds. We would be interested at certain levels if anyone feels like firing us over a generous quote :)

We could also do with our responsive theme being overhauled mainly for smaller devices, again this is low priority in the scheme of things but willing to outsource this as well.

http://imgur.com/yiNb6BC

There is now a switch on the bottom of the chart, not very pretty i know but the functionality is done:

https://bitcoinaverage.com/charts.htm#USD-averages-all

AWESOME!!! Thank you very much!   :)

I'll promote this now here and on Reddit.

I dont know if you already do this but just to prevent api or exchange errors I would discard any exchange rate that is 30% up or 30% lower that the other ones.

For example:
Bitcoinaverage pulls Bitstamp, Kraken and BTC-e api, result
Bitstamp: 100$
Kraken: 105$
BTC-E: 10284$ (sounds like an error here)

As BTC-E rate is more than 30% up compared to the other exchanges it is automatically discarded from the average.


Also checking if the exchange rate is more than 10$ can avoid showing 0$ when some api is down.


Thanks for BitcoinAverage  ;D

I made a thread on bitcoinaverage not taking major Chinese exchanges into consideration.
https://bitcointalk.org/index.php?topic=621535

Hi, what exactly is wrong with bitcoin.de? We've had it integrated for a very long time now:


Ignore the  **, we've just improved the backend and need to make a frontend change

We've posted on reddit, twitter and here regarding this. The issue with 0% fee exchange models has been very well discussed.

Yes we do need a solution for this, and welcome any suggestions.

Note: Email us with any specific queries, we are far less likely to spot threads on here

Hey, this post makes very little sense, can you please email us with some screenshots if you're having some specific issue?: bitcoinaverage@gmail.com

bitcoin.de is integrated > https://bitcoinaverage.com/markets#EUR

The prices and actions no longer give ANY accurate picture of the value and price of bitcoin - why SHOULD their pricing be factored into any sort of average?

I'd love to be able to see volume as measured is USD instead of BTC. As the price rises I expect the trading volume to go down measured in BTC. But to see how much USD is moving around would be cool!

I created a small bitcoin price ticker script with PHP any of you can use and manipulate the way you want. It's pulling data from Bitstamp and blockchain. Feel free to use, make better and share. You can find the script here: http://www.bitcoinvalues.net/bitcoin-forum?vasthtmlaction=viewtopic&t=11.0

ganabb, seems i've totally missed something, can you please elaborate ?

Hi BitcoinAverage

PM sent. Please check.

Thank you

I don't understand this comment.  Who does "their" refer to?  If the price of bitcoin doesn't give any picture of its value, then what would?  I'm confused.

I thought they were referring to bitcoin.de, which is why i was wondering if i'd missed some event in the last few months that means their data isn't any good?

I guess we just have to wait and see if they write back to clarify.  As far as I know, bitcoin.de is still a reasonable exchange, however, I'm not an expert.

Why is bitstamp removed from the index? I have noticed this for a week now. It seems it does not come back anymore? Anyone knows more on this?

Also wondering about stamp. I noticed they were on the site earlier but their price was not being updated, and now gone entirely. 'sup?

Thank you; this is very much appreciated!

50 mill tip sent (50 mBTC).

Today I have asked this at their support email address (bitcoinaverage@gmail.com). I hope we got an update on this issue soon!

Got their answer on this!

MykelSilver,

It seems we cannot reach everyone, we've replied to many emails and reddit posts etc, we also tweeted on this.

Bitstamp are blocking requests from our server, staff have informed me that its incapsula that they need to speak with, yet its been 2 days now and we're still being returned $566 by their ticker.

Even locally i cannot access their ticker now. There really is nothing we can do, i urge any user of bitcoinaverage to raise their own ticket at bitstamp to help push the issue through

Regards

Hi, firstly its only been for 2 days since they were under DDOS and our IP was wrongly banned by incapsula

Their API is returning us a message from incapsula, "Request unsuccessful. Incapsula incident ID: xxx". Initially for over 24hours they returned us outdated data instead.

I receive the same intermittently when requesting locally and from 4 other servers, we cannot integrate them when they return 200's and old data, if it was a clear 'no data here' then it would be ok, but their old data distorts the average.

Feel free to raise your own ticket at bitstamp to help push this through, 2 days is just not good enough.

http://www.reddit.com/r/Bitcoin/comments/26v87z/bitstamp_ticker_api_stuck_for_anybody_else/
http://www.reddit.com/r/Bitcoin/comments/26xzk1/why_is_bitcoinaverage_not_showing_bitstamp_price/
http://www.reddit.com/r/Bitcoin/comments/270re9/anybody_know_why_bitcoinaverage_usd_price_is_not/

Many thanks, donations mean a lot and allows us to continue development!

Good idea but in current form easily manipulated by smallest exchanges. There needs to be a point where an exchange is not included, perhaps 1% of btc volume, otherwise the smallest can fake a small trade at a ridiculously high price to push the average.

Hi, yes in the current model trust is quite a large aspect and we're working on making this not so much of a factor. However, we've been running for almost a year now and not had such an issue.

Don't worry we are fully aware of trusting the data we are provided, and some recent events have pushed improvements in this area higher up the priority list

I dont know if you already do this but just to prevent api or exchange errors I would discard any exchange rate that is 30% up or 30% lower that the other ones.

For example:
Bitcoinaverage pulls Bitstamp, Kraken and BTC-e api, result
Bitstamp: 100$
Kraken: 105$
BTC-E: 10284$ (sounds like an error here)

As BTC-E rate is more than 30% up compared to the other exchanges it is automatically discarded from the average.


Also checking if the exchange rate is more than 10$ can avoid showing 0$ when some api is down.

Yes, quite a few changes haven’t been committed yet as we're improving quite a few other things alongside. Thanks for the comment though.

We would love to get the 0% fee exchanges back in, just curious if you have a smart solution for this? :)

sidenote: Bitstamp have now resolved their issues with incapsula and are back into our calculations

You know when the site will be back on it's feet.
http://www.downforeveryoneorjustme.com/bitcoinaverage.com

EDIT: it works now

Yes apologies for this, generally we post any downtime on twitter and google+ relatively quickly, however if we haven't please report to us via email instead of here!

This was not developed to be a widget, but for our twitter stream. However, feel free to use this smaller version if you wish:

https://hitbtc.com/ now integrated with 600+ BTC daily volume:

https://bitcoinaverage.com/markets#USD

https://en.bitcoin.it/w/images/en/6/6f/HIt_256.png

We would like to know of any features the community would like to see built into the BitcoinAverage project.

Please email us at bitcoinaverage@gmail.com, or leave a response here!

Sure, would it be possible to overlay Google Trends and/or Tag Top Stories (Bitcoin Magazine, LTB, CoinDesk Coin Telegraph) onto the graph?.
http://www.google.com/trends/explore#q=bitcoin

Maybe just make things simple and tag the Top post every 12 Hours at the Bitcoin Subreddit?
http://www.reddit.com/r/Bitcoin/top/

Hi, this is a strange but interesting request i guess. If there is an API for 'trends' on google, then its something we can probably do without too much work

I've added it to the list :)

Hey guys , first i want to say u have great site going on . I rly love it and i use it everyday on my phone and on pc its open 24/7 tab so i monitor btc price.

I also used it as a converter to USD, EUR, and most importantly for me RSD , but now i dont see that option that link "more currencys" is no longer there . Why is that removed ?
Here is a pic , i dont see it anymore.
https://i.imgur.com/CQtj9os.png

Hi, its because you are on the local markets page :). RSD as far as I’m aware doesn't have an exchange of its own, so we only display the 'global average' converted into RSD on the homepage (and data in the API obviously). If we can do anything else to help please let us know

Regards
BitcoinAverage

Jezzz... LOL . Sorry about that , u are right , did not even notice that :D . Tnx anyways.
Nothing more , ur service is AWESOME, like i told ya , i use it all day , everyday even on my phone.

There is also app for windows phone , but no graphs on it so i use web page for that and app to see price at a glance.

Cheers .

Maybe providing some dynamic price images like https://bitcoinaverage.com/img/price_usd.png?t=541 but more customizable (other currencies, sizes...), also some dynamic graphs rendered as an image.

Noted. We are looking for someone else to join the project in the area of frontend development, ideally with expert knowledge in javascript, and some MVVM frameworks like knockoutJS, so please contact us if you're interested!

Make the site design look attractive

As helpful as this on its own, do you have any specific suggestions? ;)

Site looks awesome man. I love that it's written in python, as I'm currently learning that and it's nice to go through your code and see an ACTUAL working website. :)

Thankyou, these kind of comments mean a lot :)

Design wise its hard to please everyone i guess, we love criticism but it must be constructive, to give us areas to make improvements.

Regards
BitcoinAverage

Hey guys, we really need you to not be offline.

https://github.com/bitcoinaverage/bitcoinaverage Why not run it yourself?

Are we allowed to run this by ourself? We could use the API's in our app as we would need it run 24x7 for sure. Also, if we run it by our self, what size vps will be needed?

https://github.com/bitcoinaverage/bitcoinaverage/blob/master/README.md

Sure you can. I tried and failed. :)

The devs are very friendly and helpful though.

+1 and thanks for the service!

I was checking https://github.com/bitcoinaverage/bitcoinaverage ...seems the code is in Python. Can it be run on Google App Engine for Python ?

I just want to say how cool it is that you guys have released the code of your website.  I already liked this project but now I love it.  I think it's a bold and proper move and I just want to say how much respect I have for folks with this kinda attitude.

Finally, just one question: I noticed your use of CC-SA-NC license.  I think this means copyleft with only non-commercial use allowed.  Are you guys yourselves non-commercial, is this a non-profit service?  Or are you guys a commercial outfit and you're simply limiting the reuse of your code to non-commercial stuff?

Thanks again for the code release!

As stated on twitter its best to always have a fallback, either by running our code or just falling back to an exchange. We do wish to improve our infrastructure however being an open source project with a few ads we don't have all the money in the world to do so. Of course you can donate :)

Hey, the code has been open source since August/Sep 2013 :)

As for the license, yes we've changed this since the original one, and your understanding is correct

Fair enough, I just found out about it when I saw the link gweedo placed in the thread, then I noticed it in your sig.  A most honorable decision, IMHO.

Thanks :)

Calculator was about the most useful thing on the front page, but it's mysteriously disappeared...

Yeah please bring that back!

Well calculator now is way better than before . But yeah i would love to have simple one on front page for quick access.

What's with the spike over 700? Is that legit or a fluke in the code?

https://bitcoinaverage.com/converter

We're currently changing a few things around, the original one was buggy and has issues due to how data on the homepage is updated. This will change in the future and we could put a simple one back there. However the one linked above will be much more feature rich, and is coded far better :)

Feedback taken on board as always!

Someone bought out the orderbook on campbx by accident! http://www.reddit.com/r/Bitcoin/comments/29ziry/bubble_happened_this_morning_btc_almost_hit_10000/

That was one weird moment :D .

Anyways, i rly love that new calculator, but i think it should be somewhere on front page if possible.

One suggestion, would be nice if it can remember my defolt currency so its set every time i load calculator.

Converter on homepage - This version is far too large to be on the homepage in our opinion, especially with the changes we have planned, but we'll definitely consider a mini version as before :)
Default currency - we'll get that added along with other planned features!

Regards
BitcoinAverage

I used the calculator again today.  I really appreciate it and the convenience.  This is so much better than years ago when people would just quote the mt. gox price as if it was the golden truth.

Very true, we're already approaching our first birthday, how time does fly!

BitcoinAverage's historical data is being used by http://libratax.com/ for their accounting software, referencing us for their 'fair market value'

Why are some 0% trading fee sites in China ignored, but BTCChina isn't?
Doesn't it also have 0% trading fee?
https://vip.btcchina.com/page/fee (https://vip.btcchina.com/page/fee)

This is the only tap along with Primedice.com that is opened on my pc 24/7 :D

Thank you for that comprehensive answer, BitcoinAverage!
I figured as much, because if BTCChina were ignored, the Chinese volume would be shown to be the complete, fake, bogus-bot show that it is.

I like and appreciate your site, but you are participating in fraudulent data relay, which is costing people money somewhere...
 

Nice!

I also notice that google recently added a btc price to it's currency conversion service.  Do you know if they're using your api or calculating it some other way?

They are using Coinbase for price index .

Hi BitcoinAverage,

I just finished my application, you can look closer on it here https://bitcointalk.org/index.php?topic=709552.new#new (https://bitcointalk.org/index.php?topic=709552.new#new)

I just wondering, why requested API data is different from that what I see live on website.

Thanks for free API.

regards

Bitstamp has been marked as "unreachable since 25 Jul, 11:22 UTC" and ignored, but the Bitstamp API appears to be working just fine.

Bitcoinaverage ARE U FCN kidding me ?

https://i.imgur.com/9MDw7lZ.jpg

I know , im just kidding . :D

Hi,

Bitstamp, Coinfloor and Kapiton are protected by Incapsula, our hosting provider has had a range blocked by them and they are working to resolve this. We've been contacted the these exchanges directly also and our suggestion is for them to raise a ticket with Incapsula to help speed things along.

Yet another time Incapsula have caused us issues!

Regards
BitcoinAverage

Appreciate the post thanks for the update.

The Bitstamp problem appears to have been fixed.

Its slightly up in the air but most requests are coming back fine.

Too bad, not that coinbase is bad, but bitcoinaverage seems like a better option for an overall view.  How did you figure out they were using coinbase?

http://blog.coinbase.com/post/88679063982/coinbases-api-brings-bitcoin-ticker-to-google

Thanks!

Another question: I saw that btc price on bitcoinaverage went all the way to 0 for one moment yesterday.  Does anyone know what that's about?

A widget generator for those unable to use the API themselves is available for testing:

https://bitcoinaverage.com/widget.htm

Very cool on the widget generator.  I write my own code so I won't need it personally but I really like all the work you guys are doing.  By the way, is there anything that funds the project?  I haven't really seen ads on the site so if they're there, they're pretty unobtrusive.

With AdblockPlus 2.x (that has the "allow unobtrusive ads" feature) I see two ads, plus the referral link to BitVPS. I click them on a regular basis  ;)

No funds, only from ads, we could really do with some to push things forward!

We wanted to ask the community if they have had any dealings with LakeBTC.com. They have extremely large volume for a new exchange and I don't know a single trader (and i know a few) that have used them.

https://www.lakebtc.com/api_v1/ticker

Just wanted to put the feelers out before integrating them into our system, it seems they paid Coindesk to integrate them into their index or have some other deal.

Note: Yes they do have fees for trades.

How come you are so cautious when you still have BTC China listed? How many traders do you know on that 0% fee exchange?

BTCChina never used to have 0% fees, this is why they are still included in v1, yes we need to remove them, but in v2 they aren't included.

Adding a new exchange i would like to check, i know many people using btcchina and okcoin, but none that use lakebtc.

As for 0% fee exchanges in general we are looking at including them all, but only using for example 25% of their volume for weighting. We would like to do a poll with the community to gauge what people would think is a fair %, and if the idea is ok with the majority.

BTCChina are now ignored until this is resolved in v2 of our backend/API

You probably missed it, but BTCChina was mentioned in July in this thread.  https://bitcointalk.org/index.php?topic=270190.msg7936557#msg7936557
They dropped them for a while already apparently: http://www.coindesk.com/bitcoin-exchange-btc-china-eliminates-trading-fees/


Regarding LakeBTC: after reading the interview with their CEO, I think they are less shady than btc-e, so why not?
http://cointelegraph.com/news/112112/a-ban-should-target-risky-products-and-foul-players-not-bitcoin-itself-lakebtc-ceo-thomas-xie

The only thing I'm not clear about is their Dark pool. They say the orders don't show on the orderbook, but it's not clear to me if they show in their history. I have asked in their thread.

Edit: They do show in the history:

https://bitcointalk.org/index.php?topic=607119.msg9163423#msg9163423

Well, ain't that timely?

https://www.lakebtc.com/p/7015?locale=en

It is a little odd, for now we will not be including them until they reply to our emails!

I'm working on something similar but it's more into statistics and margins

Are you still there, BitcoinAverage? Your Twitter bot has been broken for over a month... https://twitter.com/bitcoinaverage

Hey wait a minute, that stuff is pretty sweet!  :o

Nice website but why big exchanges like bitfinex or cavirtex are not represented?

Yes we are here working hard behind the scenes on a large overhaul of our backend.

The twitter bot died without notification so apologies for that!

Bitfinex have always been integrated, maybe at the time you checked their API wasn't accessible by our backend?

CaVirtex are also integrated, however their name on our frontend is VirtEx, maybe this has changed as they have been integrated for a very long time. If this is incorrect now please let us know and we'll push a change

You can check a list of ignored exchanges via the UI on our homepage, or via the API > https://api.bitcoinaverage.com/ignored

Please, can you add more brazilian exchanges in BRL Makert?

www.foxbit.com.br : https://api.blinktrade.com/api/v1/BRL/ticker?crypto_currency=BTC
www.bitcointoyou.com : https://www.bitcointoyou.com/API/ticker.aspx
www.bitinvest.com.br : https://developers.bitinvest.com.br/docs/services/53c80421e996ec0360040003/operations/53c80421e996ec0360080007

We will take a look at these for sure.

Just an update regarding bitstamp and some emails we've been receiving about their integration.

We are aware they are offline and not ignored, however their volume is 0 so have no effect on our average whatsoever. We will continue to monitor the situation

Very lightweight website, within 5 minutes of browsing bookmarked it
Keep up the good work!

This seems like a good pricing and converter website, I am now going to be using this site instead of the others that I've been using, thanks!

Looks like an extra 'u' got inserted into the code somewhere but I'm not seeing it after a quick perusal.

It's on the converter page that the error pops up every time you interact with the calculator and no value appears in the calculated box

https://bitcoinaverage.com/converter
https://i.imgur.com/C9Ja4oS.png
https://i.imgur.com/oZmFTyr.png

Volume is still showing as 0, even though they are back online.

Any news about including Bitstamp? They are online for days now. Hope you can share some information on this issue. Thanks in advance.

EDIT: Thanks for clearing this up on your site: Bitstamp is not included because of "0% fee promotion"

well the more markets you cover more acurate will be the dollar price to btc a interesting acurrate price and ivce versa of course i do take a ticker on preev

I have noticed the the Exchange Bitfinex is on top of your list, because of the volume. However, the Bitfinex is a pure future trading exchange without any proof that real bitcoins are traded. So the price is a pure paper price, not the price caused by buying and selling the real asset. Can anyone convince me I am wrong? Thanks.

Thank you ;)

yes its still working and lets say is ass good as preev but unfortunaly preev its a bit more published in google soo you need the ticker to be promoted not just here but in several places very good work and also gives for euro thanks.

Why is it that Bitcoin Average registers a large spike on the USD, EUR, and CNY average charts just past midnight on the 27th of February where non of the exchanges that deal in these currencies have one?  Granted, there is a huge sudden rise just after 3am on this date, a rise all the major exchanges and Bitcoin Average agree upon, but the exchanges all report a lack of excitement at midnight.

I love this project but unfortunately I've used them less now that google has a btc price tracker on its currency listings (I think they use coinbase).  I need to try to remember to use this site instead because I like what they've done here.

The website has listed okcoin as ignored because of a 0% fee model, but it isn't ignored at all, it is currently listed as the number 2 usd exchange, at 24% of volume. What's up with that?

Anyone knows why this site is stuck at $236.99? I hope this site stays running. In my opinion its one of the best.

Now it says (for USD) 237.34.  So I guess I don't thinki it's actually stuck.  I agree with you about this being one of the best for bitcoin price.  I use it in my wallet as well.

Hi the design look pretty good , from what exchanges did you get the price , just from
Bitstamp ?? why then Average , Please explain more about the idea of this site .

Xing Ming.

It's "average" because they compute an average price with weighted components basedon the volume of trading at the various exchanges.  It's right there in the FAQ (https://bitcoinaverage.com/faq) of the site.  Or in the OP of this thread.  Just read a little.  It's a great service with an open API.

Its Hours Later and the price does seem to be stuck....is there an update going on? down time?

Thanks for sharing here that the site has been fixed and running again.

I guess this is sarcastic.  But indeed is is good to see that there's no problem with bitcoinaverage.  I use it as the price tracker in my wallets.

Just a headsup that cavirtex has been operational and remains operational after a buy-out
Noticed it was on the ignored list
cavirtex   closing down (False)

It would double - triple the CAD volume.

Hey, will get this changed asap.

Hi tspacepilot, just wanted to say thanks for the consistent kind words. We would have loved to progress the project much further over the years, but due to lack of funds this isn't possible. I guess this is the nature of open source and providing a completely free service!

On that note though, if anyone is interested in a role and highly experienced in python please do contact us, we have approx. 80% of an overhaul complete.

Finally found your thread. I must say that your page is great. I am using your API for getting current price. It looks like that (if you want to know how much is 10$ in BTC): http://amacar.hostei.com/generateImage/index.php/?VALUE=10&CUR=USD&TYPE=24h_avg&PRECISION=7&COLOR=b20505

I also upload it on github, so everyone can use it: https://github.com/amacar/generateBitcoinPriceImage

That's pretty cool.  Two follow up questions:

1) In the github you linked to, I couldn't find any code, only a readme and the font files and a link to a php program.  Are you not releasing that php program as well?
2) Are you using imagemagick to write the image?

1) In the folder generateImage (with the fonts) is file index.php with code.
2) No I am not using imagemagick, because usually it is not supported on freehosting (I am running this script on freehosting - http://www.000webhost.com/)

Aha, I see it now.  I guess I had overlooked it amongst those ttf files.  Interesting that php has built-in image generation methods (I didn't notice you using a library).


I hadn't realized that php had such graphic manipulation capabilities---then again, I usually only use php when I'm editing someone else's code, I never really start a project in php.

Thank you for your response regarding CAVIRTEX. Hope it's added soon.

Is Bitcoinaverage dead ?

https://bitcoinaverage.com/ (https://bitcoinaverage.com/)

It was down for a bit when I first saw your message (and then I worried for a moment too).  But it seems to be back up and working now so I'd assume they were just down momentarily for maintenance/upgrades/etc.

great work! this one will become refference..

They had issues but it appears to be running fine now...

Do you support TLS 1.2 SSL ?
I am trying to use your API for an IOS project and i get SSL errors.

Maybe post your ssl errors?

Would y'all and the Mycelium gang make it so that the trades on Mycelium LocalTrader are also included in BitcoinAverage, please?

Thanks for your time.

Hi, please do email us with your issues/errors.

We apologise for how little we check this forum, its just not the focal point it used to be :). We will however response to any emails very quickly.

We have emailed them a few times recently actually with no response. Best if you contact them direct, the more of their own users that email in the more likely they will get it done :)

Will this help?
https://github.com/mycelium-com/wallet/tree/master/public/lt-api
Localtrader API

Just checked out the site and I gotta say pretty nice.

I especially like under [Charts] how you've given the ability to quickly enter a specific begin/end date for viewing or export.

Hi, and thanks for the comment :)

Just an update that we are progressing well with v2 of the API, if anyone has feature requests please send us an email > info@bitcoinaverage.com

I just wanted to leave a positive feedback here.

This service has been doing great all over those past years and is still one of the best nowadays.

I still use it to get a more precisely exchange rate when I'm in doubt about BTC's value.

Good job bro!

Very interesting service, thank you!

A couple of questions, which was not clear from your FAQ:

- How often do you update your pricing?

- It would be cool if there were available, say, 10 minute, hourly, daily averages for reference when settling various payments

- For non USD crosses, what currency exchange site do you use? I like XE.com

Seems to be no one here to reflect on my question.

Seems to be almost real time, I've seen the price change more than once within a minute.


While it doesn't go down to 10 minutes, you can set the window down to the hour when looking at their charts https://bitcoinaverage.com/charts#USD-averages-1h

Take the two minute (5 question) BitcoinAverage survey and receive a BTC tip for your input!

https://cryptosurvey.typeform.com/to/NoYKoO (https://cryptosurvey.typeform.com/to/NoYKoO)

https://bitcoinaverage.com/explain

openexchangerates.org

Will everyone get a tip? Because I did survey a few days ago, but I didn't get any tip.

haven't sent the tips out yet! and yes everyone will get a tip

Is this still open?  I'm a long-time fan of bitcoinaverage project and I, of course, love tips :)  I was away for a couple of weeks until just yesterday so I didn't see this stuff till now.

The questionnaire is still up and running. If you share your input you will receive a tip at the end of the campaign!

https://cryptosurvey.typeform.com/to/NoYKoO (https://cryptosurvey.typeform.com/to/NoYKoO)

If you want to stay up to date with the progress of BitcoinAverage follow their facebook and twitter accounts!

https://www.facebook.com/BitcoinAverage (https://www.facebook.com/BitcoinAverage)

https://twitter.com/BitcoinAverage (https://twitter.com/BitcoinAverage)

Done.  I wonder how much the tip is supposed to be.  In any case, the survey was very short and painless (telling to people who haven't done it yet).

BitcoinAverage blog:

The Blockchain’s Paradox of Openness and Security Wins over Airbnb

https://bitcoinaverage.com/blog/the-blockchain-paradox-of-openness-and-security-wins-over-airbnb (https://bitcoinaverage.com/blog/the-blockchain-paradox-of-openness-and-security-wins-over-airbnb)

Hey folks - we have sent out tips to everyone that filled out the survey (61 people).
Thank you and look for an upcoming email for further details on how to access the Beta

Tip received.  Thank a lot and glad to see that the bitcoinaverage project is coming out with new stuff.

There's going to be more news coming out shortly about the future plans of BitcoinAverage. The survey results are great and tips went out to all participants. Can you tell us more about how you use BitcoinAverage and your experience using it?

I am using your API for my script, that can converts different currencies to bitcoin.

For example 1$ = http://amacar.tk/generateImage/index.php/?VALUE=1&CUR=USD&TYPE=24h_avg&PRECISION=7&COLOR=0000FF&SIZE=12&FONT=calibri

Apps are coming however they are not top priority nor is there a set date for either ios or android apps. Thanks for your question and stay tuned, there are some exciting things in the pipeline.

very neat, and thank you for sharing. It's interesting to see the different applications the API enables.

latest BitcoinAverage article on Cryptocoinsnews - BitcoinAverage’s Newest API in Beta. Improved system, service offerings on horizon for users of most trusted price index.

https://www.cryptocoinsnews.com/bitcoinaverage-newest-api/ (https://www.cryptocoinsnews.com/bitcoinaverage-newest-api/)

There are several apps that use the API and you can get the info that way. Mycelium comes to mind. A search on the respective app store will yield more.

Latest BitcoinAverage Price Analysis for April 11-19th, 2016

http://bitcoinist.net/bitcoinaverage-bitcoin-price-bullish/ (http://bitcoinist.net/bitcoinaverage-bitcoin-price-bullish/)

Latest CoinTelegraph article - BitcoinAverage To Provide More Accurate Bitcoin Price Index

http://cointelegraph.com/news/bitcoinaverage-to-provide-more-accurate-bitcoin-price-index?ref=4814 (http://cointelegraph.com/news/bitcoinaverage-to-provide-more-accurate-bitcoin-price-index?ref=4814)

Latest BitcoinAverage blog post -

Has the Bitcoin Community Let Conspiracy Theories Stand Against its Forward Match?

https://bitcoinaverage.com/blog/has-the-bitcoin-community-let-conspiracy-theories-stand-against-its-forward-match (https://bitcoinaverage.com/blog/has-the-bitcoin-community-let-conspiracy-theories-stand-against-its-forward-match)

For a long time this was a relatively inactive thread.  I love the bitcoinaverage project.  But to be honest if you're going to start bumping this thread everytime someone writes a blogpost I'm thinking I'll remove it from my watchlist.  This just isn't very useful.  I think that anyone who wants to follow your blog can do so through your blogging interface.  I think that continuous bumps for it here just look kinda desperate.  MHO.

Sorry you feel that way. We're simply trying to build a stronger presence and this is one way that we provide information for the community. I'll keep what you've said in mind as to not deter followers. The thread itself is a place to correlate all appropriate media coverage and information about what is happening in the BitcoinAverage space. The reality is, many users that use the forum may not sign up for the blog. This is just another outlet to keep our users informed and share our thoughts with the community. Your input is very much appreciated and perhaps a weekly or by-weekly post with all relevant coverage is more appropriate. Thanks for sharing your input.

Thanks for the reply.  When I see the thread is updated everyday and I come here just to find out that someone posted on a blog, and the blog isn't even about bitcoinaverage, it's just someone at bitcoinaverage commenting on other bitcoin news....Yes, I do think weekly or bi-weekly would be nicer. 

BitcoinAverage in the press April 23-30

BitcoinAverage: The Evolution of an Index
http://bitcoinist.net/bitcoinaverage-evolution-index/ (http://bitcoinist.net/bitcoinaverage-evolution-index/)

Price Index: The Future Of Bitcoin Lies In The Hands Of Developers
http://cointelegraph.com/news/price-index-the-future-of-bitcoin-lies-in-the-hands-of-developers (http://cointelegraph.com/news/price-index-the-future-of-bitcoin-lies-in-the-hands-of-developers)

BitcoinAverage Announces Newest API in Beta
http://bitcoinist.net/bitcoinaverage-newest-api-beta/ (http://bitcoinist.net/bitcoinaverage-newest-api-beta/)

BitcoinAverage Announces Closed Beta of New Full-Featured API
http://www.programmableweb.com/news/bitcoinaverage-announces-closed-beta-new-full-featured-api/brief/2016/04/27 (http://www.programmableweb.com/news/bitcoinaverage-announces-closed-beta-new-full-featured-api/brief/2016/04/27)

BitcoinAverage Report: Bitcoin Price Hits 2016 High
http://bitcoinist.net/bitcoinaverage-bitcoin-price-2016-high/ (http://bitcoinist.net/bitcoinaverage-bitcoin-price-2016-high/)

Hi Tspacepilot,

I'll ensure the thread isn't bumped for the sake of it, after all its primarily a medium for support and service updates. I hope you'll enjoy some of our current and future changes :)

Binfinex trading paused 4hrs ago, their price should have been ignored.

This is good site to check daily bitcoin price and also the site has useful tools so i marked  this site in my browser for future reference.

Indeed, bitcoinaverage, as far as I can tell, is basically the best for bitcoin price.  +the tools and api +the open source code.  I'm a long time fan.

bad( price is down >:(

Don't worry, it's back up now.  Hope you didn't sell last week! ;)

Price is frozen at 672.42 in the website, and the api is stuck at 671.78.
It's been like this for a couple of hours.
Current USD average should be 684.6

Must have been some temporary issue.  It seems to be fine now.  I see the current price at 666.55 USD as of 5 July.

Seems like Yen volume in BTC was very low. Now all of a sudden it's more than 7% of global volume?!  ::)

Why is Quinone exchange not being ignored for it's zero-fee model, the way the bogus CNY exchanges are?

This is a very good point, and its something we are still working on. We will shortly be adding some CNY exchanges to the index, weighted using various new factors that enables us to spot which exchanges are operating "out of the ordinary" shall we say :)

The reason Quoine were included is we ran their book against our algorithm initially and it didn't actually pick up any untoward behaviour (at least to the level of other unnamed exchanges).

We will follow up with more detail on this via our blog when things are tested further, hope that answers your question at least for now

We have had some users point out price differences between apps so i have added a note here: https://bitcointalk.org/index.php?topic=270190.msg2891913#msg2891913

Hey Bitcoinaverage-Team,

hope this is not the wrong place to ask, however I have a question regarding your api (limitations):

As there are api request limitations (monthly) on most of your plans I was wondering how this is applied to websocket feeds?

If I subscribe to a certain feed, I assume I get updates pushed to the client?

How does this count against a monthly api limit.. is each push counted as a request or only the websocket subscribe?

Thanks in advance for any clarification!

Matt

Apologies for the very long response, I have updated notifications from this forum so we're informed of any future replies.

WS limits are handled differently, we currently allow more client connections for paying users. Update frequencies also vary across plans with the free user at 20 seconds I believe right now.

If you have any other questions feel free to email us directly!

OK, I gotta say the Alexa feature is cool.

I will certainly add your API to our website as well, we are expanding in some countries where we need local market rates instead of converting to local currency from USD

What's the status of this? Does Mycelium have to take any action for y'all to get data from their API and integrate it into your index?

We are still unaware of a public API, are we missing something?

Can somebody comment on this ?


https://i.imgur.com/hPfwQZh.png

We commented on this at the time (almost 2 weeks ago now), i believe this is from BitGo?

A BRL exchange put out bad data and a bug in our sanity checks let it pass briefly because it was the only local currency market at the time. This logic has since been reworked.

Yeah, it was from Bitgo, this is a dangerous issue since some exchangers trust you with your data.

At least we can learn from this bug to add velocity settings.

We are always improving things, yes its a nasty one but however many unit tests you perform some things do slip through :(

We would always recommend users of our API have their own fail-safes in place on top of what we have.

Last two days site not working  for login.

https://pro.bitcoinaverage.com/pages/auth/login?returnUrl=%2Fpages%2Fauth%2Fapi-keys

every time I see error:

LOGIN TO YOUR ACCOUNT
<html> <head><title>502 Bad Gateway</title> <head> <body bgcolor="white"> <center> <h1>502 Bad Gateway</h1></center> <hr> <center>nginx/1.14.0 (Ubuntu)</center> </body> </html> <!-- a padding to disable MSIE and Chrome friendly error page --> <!-- a padding to disable MSIE and Chrome friendly error page --> <!-- a padding to disable MSIE and Chrome friendly error page --> <!-- a padding to disable MSIE and Chrome friendly error page --> <!-- a padding to disable MSIE and Chrome friendly error page --> <!-- a padding to disable MSIE and Chrome friendly error page -->

The price is updated every second https://bitcoinaverage.com/markets/ pretty cool