BitcoinAverage.com - bitcoin price index

[BitcoinAverage]

Yes! I'd like to see that log scale too, if it looks like a straight diagonal line, we are in-the-money! 

http://imgur.com/yiNb6BC

There is now a switch on the bottom of the chart, not very pretty i know but the functionality is done:

https://bitcoinaverage.com/charts.htm#USD-averages-all

Thank you; this is very much appreciated!

50 mill tip sent (50 mBTC).

Many thanks, donations mean a lot and allows us to continue development!

[unexecuted]

Good idea but in current form easily manipulated by smallest exchanges. There needs to be a point where an exchange is not included, perhaps 1% of btc volume, otherwise the smallest can fake a small trade at a ridiculously high price to push the average.

[BitcoinAverage]

Good idea but in current form easily manipulated by smallest exchanges. There needs to be a point where an exchange is not included, perhaps 1% of btc volume, otherwise the smallest can fake a small trade at a ridiculously high price to push the average.

Hi, yes in the current model trust is quite a large aspect and we're working on making this not so much of a factor. However, we've been running for almost a year now and not had such an issue.

Don't worry we are fully aware of trusting the data we are provided, and some recent events have pushed improvements in this area higher up the priority list

[rme]

Good idea but in current form easily manipulated by smallest exchanges. There needs to be a point where an exchange is not included, perhaps 1% of btc volume, otherwise the smallest can fake a small trade at a ridiculously high price to push the average.

Hi, yes in the current model trust is quite a large aspect and we're working on making this not so much of a factor. However, we've been running for almost a year now and not had such an issue.

Don't worry we are fully aware of trusting the data we are provided, and some recent events have pushed improvements in this area higher up the priority list

I dont know if you already do this but just to prevent api or exchange errors I would discard any exchange rate that is 30% up or 30% lower that the other ones.

For example:
Bitcoinaverage pulls Bitstamp, Kraken and BTC-e api, result
Bitstamp: 100$
Kraken: 105$
BTC-E: 10284$ (sounds like an error here)

As BTC-E rate is more than 30% up compared to the other exchanges it is automatically discarded from the average.


Also checking if the exchange rate is more than 10$ can avoid showing 0$ when some api is down.

[BitcoinAverage]

Good idea but in current form easily manipulated by smallest exchanges. There needs to be a point where an exchange is not included, perhaps 1% of btc volume, otherwise the smallest can fake a small trade at a ridiculously high price to push the average.

Hi, yes in the current model trust is quite a large aspect and we're working on making this not so much of a factor. However, we've been running for almost a year now and not had such an issue.

Don't worry we are fully aware of trusting the data we are provided, and some recent events have pushed improvements in this area higher up the priority list

I dont know if you already do this but just to prevent api or exchange errors I would discard any exchange rate that is 30% up or 30% lower that the other ones.

For example:
Bitcoinaverage pulls Bitstamp, Kraken and BTC-e api, result
Bitstamp: 100$
Kraken: 105$
BTC-E: 10284$ (sounds like an error here)

As BTC-E rate is more than 30% up compared to the other exchanges it is automatically discarded from the average.


Also checking if the exchange rate is more than 10$ can avoid showing 0$ when some api is down.

Yes, quite a few changes haven’t been committed yet as we're improving quite a few other things alongside. Thanks for the comment though.

We would love to get the 0% fee exchanges back in, just curious if you have a smart solution for this?

sidenote: Bitstamp have now resolved their issues with incapsula and are back into our calculations

[dunand]

You know when the site will be back on it's feet.
http://www.downforeveryoneorjustme.com/bitcoinaverage.com

EDIT: it works now

[BitcoinAverage]

You know when the site will be back on it's feet.
http://www.downforeveryoneorjustme.com/bitcoinaverage.com

EDIT: it works now

Yes apologies for this, generally we post any downtime on twitter and google+ relatively quickly, however if we haven't please report to us via email instead of here!

[BitcoinAverage]

This was not developed to be a widget, but for our twitter stream. However, feel free to use this smaller version if you wish:

[BitcoinAverage]

https://hitbtc.com/ now integrated with 600+ BTC daily volume:

https://bitcoinaverage.com/markets#USD

[BitcoinAverage]

We would like to know of any features the community would like to see built into the BitcoinAverage project.

Please email us at bitcoinaverage@gmail.com, or leave a response here!

[row5_seat47]

We would like to know of any features the community would like to see built into the BitcoinAverage project.

Please email us at bitcoinaverage@gmail.com, or leave a response here!

Sure, would it be possible to overlay Google Trends and/or Tag Top Stories (Bitcoin Magazine, LTB, CoinDesk Coin Telegraph) onto the graph?.
http://www.google.com/trends/explore#q=bitcoin

Maybe just make things simple and tag the Top post every 12 Hours at the Bitcoin Subreddit?
http://www.reddit.com/r/Bitcoin/top/

[BitcoinAverage]

Hi, this is a strange but interesting request i guess. If there is an API for 'trends' on google, then its something we can probably do without too much work

I've added it to the list

[MICRO]

Hey guys , first i want to say u have great site going on . I rly love it and i use it everyday on my phone and on pc its open 24/7 tab so i monitor btc price.

I also used it as a converter to USD, EUR, and most importantly for me RSD , but now i dont see that option that link "more currencys" is no longer there . Why is that removed ?
Here is a pic , i dont see it anymore.

[BitcoinAverage]

Hey guys , first i want to say u have great site going on . I rly love it and i use it everyday on my phone and on pc its open 24/7 tab so i monitor btc price.

I also used it as a converter to USD, EUR, and most importantly for me RSD , but now i dont see that option that link "more currencys" is no longer there . Why is that removed ?
Here is a pic , i dont see it anymore.

Hi, its because you are on the local markets page . RSD as far as I’m aware doesn't have an exchange of its own, so we only display the 'global average' converted into RSD on the homepage (and data in the API obviously). If we can do anything else to help please let us know

Regards
BitcoinAverage

[MICRO]

Hey guys , first i want to say u have great site going on . I rly love it and i use it everyday on my phone and on pc its open 24/7 tab so i monitor btc price.

I also used it as a converter to USD, EUR, and most importantly for me RSD , but now i dont see that option that link "more currencys" is no longer there . Why is that removed ?
Here is a pic , i dont see it anymore.

Hi, its because you are on the local markets page . RSD as far as I’m aware doesn't have an exchange of its own, so we only display the 'global average' converted into RSD on the homepage (and data in the API obviously). If we can do anything else to help please let us know

Regards
BitcoinAverage

Jezzz... LOL . Sorry about that , u are right , did not even notice that . Tnx anyways.
Nothing more , ur service is AWESOME, like i told ya , i use it all day , everyday even on my phone.

There is also app for windows phone , but no graphs on it so i use web page for that and app to see price at a glance.

Cheers .

[rme]

We would like to know of any features the community would like to see built into the BitcoinAverage project.

Please email us at bitcoinaverage@gmail.com, or leave a response here!

Maybe providing some dynamic price images like https://bitcoinaverage.com/img/price_usd.png?t=541 but more customizable (other currencies, sizes...), also some dynamic graphs rendered as an image.

[BitcoinAverage]

We would like to know of any features the community would like to see built into the BitcoinAverage project.

Please email us at bitcoinaverage@gmail.com, or leave a response here!

Maybe providing some dynamic price images like https://bitcoinaverage.com/img/price_usd.png?t=541 but more customizable (other currencies, sizes...), also some dynamic graphs rendered as an image.

Noted. We are looking for someone else to join the project in the area of frontend development, ideally with expert knowledge in javascript, and some MVVM frameworks like knockoutJS, so please contact us if you're interested!

[Stery]

Make the site design look attractive

[BitcoinAverage]

Make the site design look attractive

As helpful as this on its own, do you have any specific suggestions?

[zhinkk]

Site looks awesome man. I love that it's written in python, as I'm currently learning that and it's nice to go through your code and see an ACTUAL working website.