BitcoinWisdom.com - Live Bitcoin/LiteCoin Charts

[btcdrak]

Given the MtGox debacle, it's time we removed MtGox from Bitcoinwisdom - even Coindesk has done it now: http://www.coindesk.com/coindesk-removes-mt-gox-bitcoin-price-index-2/

[BitcoinWisdom]

(1) There's a new option, 'Depth Range'. Does it increase order book depth? If so, it seems it doesn't anything at the moment...

(2) Any news on the 'Bid/Ask ratio' indicator? Did you find a way to make it work?

(3) Donation sent

VWAP and bid ratio is supported now.

You are beyond competent.

Did you ever consider opening an exchange?

I'm not kidding, by the way.

No, there is no plan to run an exchange.

[BitcoinWisdom]

Hi, I love your site. I just registered and am interest in going premium. I'd like to know if premium members get a longer timescale? I am looking at the Ðogecoin charts and they only go back as far as Feb 8th. In addition will you be implementing the DMI/ADX indicator?

The premium currently is the same as free account but without AD. I have some plan on that but still is in developing.
Some famous indicators and Bollinger Band is going to be implemented next.

[btcdrak]

bitcoinaverage.com just committed a change removing MtGox too.

[BitcoinWisdom]

After a first run of the new volume based features:

(1) Bid/Ask doesn't work (yet?) for Bitstamp... seeing that they're the biggest Western exchange as of now, it'd be really useful to get that data for Bitstamp as well... is it a problem of their API limiting the data you need?


(2) How do you calculate the Bid/Ask ratio, if I may ask. For example, for mtgox, btcwisdom currently has bid/ask at around "0.344". How do you get to that value?

For comparison, the blockchained graph calculates bid/ask as: Total Bid Sum/Total Ask Sum, which currently sits at around 500 USD (maybe a bit higher).

Coinorama calculates the same, Total Bid/Total Ask, so bid/ask as raw price = ~518 USD at the moment. But a useful feature is to *normalize* that ratio to the price at which it is calculated!

So in our case, 518 USD bid/ask normalized to the current price = ~0.87 bid/ask.

Okay, so what I'm saying is basically: a) I don't know how you get to "0.344", and b) could you consider implementing it like I wrote above, as total bid/total ask, normalized for price?

Bitstamp's API doesn't contain bid/ask info, I will add a notice when visit the exchange without bid/ask info
It's bid ratio, bid/(bid+ask) or bid/volume. I use it because when calculate bid/ask, ask must not be zero and if bid is greater than ask, the value is 1 to Infinity, or the value is only 0 to 1.

[prof7bit]

You have to get rid of MtGox in your chart !!

This is childish. Bitcoinwisdom is supposed to give neutral access to available data without any own interpretation or own judgment. If you personally don't want to see the MtGox prices then just don't look at them, click somewhere else, problem solved.

[96303]

Would be great if you added an option to display Doge/BTC orders in BTC instead of Doge, it would make it a lot easier to gauge the value of what was bought/sold.

[Holliday]

You have to get rid of MtGox in your chart !!

This is childish. Bitcoinwisdom is supposed to give neutral access to available data without any own interpretation or own judgment. If you personally don't want to see the MtGox prices then just don't look at them, click somewhere else, problem solved.

Well, BitcoinWisdom provides exchange data, right?

At this point MtGox is no longer a functioning exchange (I'm not sure what it is, a place where you can trade fake fiat for fake bitcoins and vice versa), so...

[oda.krell]

Bitstamp's API doesn't contain bid/ask info, I will add a notice when visit the exchange without bid/ask info
It's bid ratio, bid/(bid+ask) or bid/volume. I use it because when calculate bid/ask, ask must not be zero and if bid is greater than ask, the value is 1 to Infinity, or the value is only 0 to 1.

Okay. But you show a (partial) order book for Bitstamp, right? Why can't you use that data to calculate bid/ask for Bitstamp?

[oda.krell]

You have to get rid of MtGox in your chart !!

This is childish. Bitcoinwisdom is supposed to give neutral access to available data without any own interpretation or own judgment. If you personally don't want to see the MtGox prices then just don't look at them, click somewhere else, problem solved.

Well, BitcoinWisdom provides exchange data, right?

At this point MtGox is no longer a functioning exchange (I'm not sure what it is, a place where you can trade fake fiat for fake bitcoins and vice versa), so...

People still *trade* there. Quite a few of them, actually. That they're idiots is another matter.

Gox should stay, it's naive to suggest otherwise.

[humanitee]

You have to get rid of MtGox in your chart !!

This is childish. Bitcoinwisdom is supposed to give neutral access to available data without any own interpretation or own judgment. If you personally don't want to see the MtGox prices then just don't look at them, click somewhere else, problem solved.

Well, BitcoinWisdom provides exchange data, right?

At this point MtGox is no longer a functioning exchange (I'm not sure what it is, a place where you can trade fake fiat for fake bitcoins and vice versa), so...

People still *trade* there. Quite a few of them, actually. That they're idiots is another matter.

Gox should stay, it's naive to suggest otherwise.

They should at least be removed from the top of the site. They aren't a functioning exchange, end of discussion. It's not even a one way street at the moment. To suggest otherwise would be, as you say, naive.

[mattco]

Hello,

Could you add something so we can filter out the Bitfinex and BTCe dumps to $100? They're quite annoying.

[hmmmstrange]

Do you need to be bribed to remove gox? How much will it cost to remove them?

[jballs]

Do you need to be bribed to remove gox? How much will it cost to remove them?

+1 that is what I came here to ask (not bribing just removing gox)

I can make a case either way for having it on the page. But please at least give it some sort of asterisk. It is an artificial price in a closed loop of self destruction and does not represent bitcoins value anywhere except inside the asylum. So you are telegraphing a bad price (good or bad though it will remain bad I suspect).

I paid $40 over spot for my btc so maybe add a chart for my transactions also. Or at least the buylocalbitcoin average. I am sure they are doing more volume than gox and they unlike gox are actually functioning as an exchange and not a roach motel.

Ps.  I love your charts, never seen better for any market streaming online. Huge compliments for a beautiful design.

But still kill gox or explain at least that it is not a free market price. 

[CrashX]

You should remove Mt.Gox for the top, you could replace it with Coinbase US exchange.

[bitcoinbravo]

You should remove Mt.Gox for the top, you could replace it with Coinbase US exchange.

+1 The Community is loud and clear on this one

[AV]

BitcoinWisdom,
please, make GoogleAd open in new blank.
I do not want to leave the page http://bitcoinwisdom.com/

[solex]

Can you please remove the gox part on the site? I think all normal people should thumb down this misunderstanding.

Big fat -1.

I hate mtgox as much as anyone else, but as long as there's trading volume on there, they should be listed.

A charting site isn't a moral court: it shows prices. If people still trade on gox, btcwisdom should show it.

I agree. MtGox should not be on any price feed such as bitcoinaverage, but it should be able to be found on charting services.

[prof7bit]

You should remove Mt.Gox for the top, you could replace it with Coinbase US exchange.

Coinbase is not an exchange

[prof7bit]

Logarithmic view is broken again, scale (tickmarks and numbers) will stay linear while chart plot is log. Crosshairs cursor is showing correct price.