szuetam (OP)
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November 18, 2012, 01:38:58 PM |
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I have just send via "Give us feedback" on the google.com site after searching "50USD in EURO"
Feedback like that: " It is "50 USD in EURO" working. What decides which currency are working? I'm interested with BTC, could you make it work? "50 USD in BTC" and "2BTC in USD" Could you do that? "
Who would do the same? Maybe Google will decide to include BTC to this calculator?
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szuetam (OP)
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November 18, 2012, 01:42:16 PM |
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Ups, now its ok.
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farlack
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November 18, 2012, 01:48:52 PM |
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How would they calculate? Mtgox value? Wouldn't that make a monopoly? BTC trades in many values
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szuetam (OP)
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November 18, 2012, 03:18:12 PM |
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How would they calculate? Mtgox value? Wouldn't that make a monopoly? BTC trades in many values
How they calculate other currency ? It's not about precision, it's about fact that google do it, they do it with tens of currencys.
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Stephen Gornick
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November 19, 2012, 11:12:27 AM Last edit: November 19, 2012, 08:08:36 PM by Stephen Gornick |
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I have just send via "Give us feedback" on the google.com site after searching "50USD in EURO"
Feedback like that: " It is "50 USD in EURO" working. What decides which currency are working? I'm interested with BTC, could you make it work? "50 USD in BTC" and "2BTC in USD" Could you do that? "
Who would do the same? Maybe Google will decide to include BTC to this calculator?
The currency exchange rates are usually provided by an official source, oftentimes the central banks. What is the official source that Google could use? There probably will need to be some proportional weighting method. (e.g., for BTC/USD, something like 70% based on BTC/USD at Mt. Gox, 10% from BitSTAMP, 10% from BitFloor, 5% from CampBX, 5% from BitME.).
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szuetam (OP)
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November 19, 2012, 11:39:24 AM |
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I have just send via "Give us feedback" on the google.com site after searching "50USD in EURO"
Feedback like that: " It is "50 USD in EURO" working. What decides which currency are working? I'm interested with BTC, could you make it work? "50 USD in BTC" and "2BTC in USD" Could you do that? "
Who would do the same? Maybe Google will decide to include BTC to this calculator?
The currency exchange rates usually official source, usually the central banks. What is the official source that Google could use? There probably will need to be some proportional weighting method. (e.g., for BTC/USD, something like 70% based on BTC/USD at Mt. Gox, 10% from BitSTAMP, 10% from BitFloor, 5% from CampBX, 5% from BitME.). They could take percentage out of traded volumes.
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paulkoan
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November 20, 2012, 06:18:10 AM |
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Take the weighted value from bitcoincharts obviously.
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Stephen Gornick
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November 20, 2012, 07:17:38 AM |
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Take the weighted value from bitcoincharts obviously.
No, its not obvious. These "official" numbers would be used for things like forex settlement, tax computations, etc. So you don't want something like Crypto x Change's numbers over the past few days appearing skewing the exchange rate used for these purposes. There's no "fixing" if the rates printed are flawed, so the official source needs follow a formal specification as to how these official rates are computed and what to do when a change, like what happened today with Crypto X Change occurs. But since there's no "central bank", this will probably need to come from some financial data provider that performs QA on the data so if there are problems, the stream is halted versus flawed quotes being printed. Merchants might pay for access to this data feed for use in setting prices on their ecommerce systems.
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Garr255
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What's a GPU?
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November 20, 2012, 07:28:41 AM |
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On a similar note... someone did say he knows someone who knows someone inside Google who is trying to include Bitcoin into Google Wallet ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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paulkoan
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November 20, 2012, 07:35:08 AM |
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Take the weighted value from bitcoincharts obviously.
No, its not obvious. Take the weighted value from bitcoincharts obviously.
No, its not obvious. Ah, I thought it was obvious I was being glib.
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SimpleMan
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The Standard Protocol - Solving Inflation
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November 20, 2012, 02:19:55 PM |
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coinmill works fine
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2GOOD
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November 21, 2012, 07:37:45 PM |
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Google calculator is amazing... Have been using it since day 1 especially for currency conversions... but IMO they will not include BTC anytime soon. Here is my favorite google calc: http://goo.gl/oKODb
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TheButterZone
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RIP Mommy
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November 21, 2012, 08:24:53 PM |
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Google just needs to reverse engineer this thing they already host and integrate it: http://btcticker.appspot.com
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Saying that you don't trust someone because of their behavior is completely valid.
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