Calculate the value of the BitCoin

[thommartens]

Hi,

I want to make an application in PHP for myself to experiment with.
In that app I want to display the current live value of the BitCoin.

Is there a way to calculate the value, or is if it's not possile, what is the "main source" of the BitCoin value.

And with the "main source" I mean, is there an offical API out where you can request the live BitCoin value.

I am pretty new into the BitCoin, so every answer is helpful.

Thanks,

Thom

[1715100055]

1715100055

[1715100055]

1715100055

[1715100055]

1715100055

[achow101]

By value do you mean price? The price is not set, nor is there an official API for it. You can however go to each of the major exchanges and use their API to retrieve current market data and create your own price of Bitcoin calculation.

[jerelimZ]

Preev.com.
No other answer.

[wonderloops]

There is no 'main source'. You could either pick one of many exchange-rates (which differ from eachother), or make up your own index from them.

Some public API's can be found here

BTC-E
Bitstamp
Bitfinex

[Dabs]

bitcoinaverage.com

[InceptionCoin]

bitcoinaverage.com

Indeed, BitcoinAverage is the best choice, because it makes all work for you and has api https://bitcoinaverage.com/api.

[melisande]

Hi,

I want to make an application in PHP for myself to experiment with.
In that app I want to display the current live value of the BitCoin.

Is there a way to calculate the value, or is if it's not possile, what is the "main source" of the BitCoin value.

And with the "main source" I mean, is there an offical API out where you can request the live BitCoin value.

I am pretty new into the BitCoin, so every answer is helpful.

Thanks,

Thom

Since you claimed to be new to bitcoin, what you meant is live price streaming of bitcoin either in USD, EUR or other fiats.
You can achieve that by integrating bitcoinwisdom.com