Bitcoin Forum
December 13, 2024, 09:45:08 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: EDIT : WTF! 140 on CampBX  (Read 840 times)
the founder (OP)
Sr. Member
****
Offline Offline

Activity: 448
Merit: 251


Bitcoin


View Profile WWW
April 03, 2013, 12:00:05 AM
 #1

{"Last Trade":"140.55","Best Bid":"112.85","Best Ask":"140.55"}

140 on CampBX ...  wtf?  

Way to screw up weighted averages there campbx



Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me  Say thank you here:  1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f
bb113
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
April 03, 2013, 12:10:47 AM
 #2

Averages often suck because they imply a normal distribution (I think the technical terminology is that the mean is only sufficient statistic if the data is normal). I think the simplest solution would be show Highest/Lowest as well:  VWAP (Low,High)= 120 (110,140)
the founder (OP)
Sr. Member
****
Offline Offline

Activity: 448
Merit: 251


Bitcoin


View Profile WWW
April 03, 2013, 09:29:19 PM
 #3

Averages often suck because they imply a normal distribution (I think the technical terminology is that the mean is only sufficient statistic if the data is normal). I think the simplest solution would be show Highest/Lowest as well:  VWAP (Low,High)= 120 (110,140)

It's a weighted average..  I factor in volume.


Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me  Say thank you here:  1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!