Cointelegraph posting crazy bitcoin prices.

[SMB-2525]

Shows 24 hour high of $43,356
It has been jumping around for the past few minutes.
There is an article that BTC was up to $12,500 in Zimbabwe as another round of hyperinflation hits.
https://cointelegraph.com/bitcoin-price-index

Edit - now back to normal. I should have taken a screenshot

[SMB-2525]

Now we have this

https://cointelegraph.com/news/okcoin-sells-bitcoin-for-15k-in-apparent-error-goes-offline

[MJunioR]

Didn't they had problems like this before? If not them, some service with a close name did, and it was absurd like this too. Well, shit happens.

[Red-Apple]

these "price indexes" are usually a simple API call to one or a couple of exchanges to get their prices and the site lists them on the top. and because of that, crazy things like this happen.

it is always the programmer's fault for not thinking ahead about these kinds of bugs. for example a simple comparison (1 line of code) can prevent stuff like this. you fetch the price from 3 sources for example and then compare them. if the price is ridiculous in one of them (like being 200000 in one place or 100) it is obviously a mistake and you automatically ignore it and then save a bug report for the "human" to check it later.

[Jonashe]

these "price indexes" are usually a simple API call to one or a couple of exchanges to get their prices and the site lists them on the top. and because of that, crazy things like this happen.

it is always the programmer's fault for not thinking ahead about these kinds of bugs. for example a simple comparison (1 line of code) can prevent stuff like this. you fetch the price from 3 sources for example and then compare them. if the price is ridiculous in one of them (like being 200000 in one place or 100) it is obviously a mistake and you automatically ignore it and then save a bug report for the "human" to check it later.

In few years the bug will be the opposite. The '$15,000' tag will be the smallest and you'll need to correct this because BTC will be a lot higher