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Author Topic: BitcoinAverage.com - bitcoin price index  (Read 69320 times)
BitcoinAverage
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August 08, 2013, 04:32:47 PM
Last edit: October 11, 2017, 10:57:58 AM by BitcoinAverage
Merited by OgNasty (1), Financisto (1)
 #1



BitcoinAverage is the longest running Bitcoin Price Index. Publicly launched as an open source project in August 2013 with a goal of providing the community with an accurate bitcoin price. Nearly 3 years later we are the most widely used source of bitcoin price data, supplying some of the industry's leading apps and services.


BitcoinAverage's Bitcoin Global Price Index (GBX) is an average price using over 50 different exchanges weighted using trading volume, activity, liquidity and other factors.











               

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
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Alpaca Bob
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August 08, 2013, 05:05:05 PM
Last edit: August 08, 2013, 07:18:59 PM by Alpaca Bob
 #2


Yup, well done. Bitcoinaverage has been my go-to site for a week now.

Would be even better if it included a chart though..

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August 08, 2013, 05:22:16 PM
 #3

Yup, well done. Bitcoinaverage has been my go-to site for a week now.

Would be even better if it included a chart though..

Hi, thanks for the comment. There are lots of small things we want to do/achieve first, things like charts are definitely something we will be looking at in the future!

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
J603
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August 08, 2013, 05:35:14 PM
 #4

Is the average price weighted to the volume traded?

For instance, if Mt. Gox sells BTC for 105 and they trade 40% of the sales, and Bitstamp sells BTC for 90 with 60% of sales, is the "average" closer to 90 then 105?


Never mind, I should have read the OP more...
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August 08, 2013, 06:02:25 PM
 #5

Looks to be a very practical site great work.  Smiley

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August 08, 2013, 06:22:44 PM
 #6

Excellent work on the website, really informative. A great addition to the community. Bookmarked.
BitcoinAverage
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August 16, 2013, 07:59:07 AM
 #7

Frontend has been updated slightly.

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
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August 16, 2013, 08:00:56 AM
 #8

Until we post this in "Project Development", we thought a thread may as well be created in this section.

If there are any exchanges or platforms you think we should be including please contact us also, localbitcoins should hopefully be added within a week or so.

to be honest, I think Mt Gox should be deleted. the value is worth nothing, for the time being.

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August 16, 2013, 08:06:12 AM
 #9

Until we post this in "Project Development", we thought a thread may as well be created in this section.

If there are any exchanges or platforms you think we should be including please contact us also, localbitcoins should hopefully be added within a week or so.

to be honest, I think Mt Gox should be deleted. the value is worth nothing, for the time being.

This has been suggested by a few people. We think the best option is to allow individual users of the API to opt out of including a certain exchange at their discretion, so this is on our to-do list!

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
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August 16, 2013, 08:59:48 AM
 #10

Mtgox as always has the best prices  Cheesy
You should include bid and asks prices. Volume would be great as well.
BitcoinAverage
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August 16, 2013, 09:09:14 AM
 #11

Mtgox as always has the best prices  Cheesy
You should include bid and asks prices. Volume would be great as well.

If you take a look at the site, everything you mentioned is included Smiley

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
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August 16, 2013, 11:18:35 AM
 #12

excellent, this is really what I have been needing!
great job!   Grin

Can you add the australian and new zealand dollars??

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BitcoinAverage
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August 16, 2013, 11:54:58 AM
 #13

excellent, this is really what I have been needing!
great job!   Grin

Can you add the australian and new zealand dollars??

Yes, other currencies and USD > currency conversions should be live by next week.

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
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August 16, 2013, 12:00:18 PM
 #14

Cool service, Inputs.io uses this (fallback to whatisthebitcoinprice and then fallback to MtGox).

With localbitcoins you should do some sanity checking - it was reporting an ask of a few million EUR per BTC two days ago.
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August 16, 2013, 12:06:00 PM
 #15

very nice

i will bookmark this
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August 16, 2013, 03:25:38 PM
 #16

This site looks good.
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August 16, 2013, 03:56:57 PM
 #17

Looks to be a very practical site great work

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August 17, 2013, 05:15:33 PM
 #18

Please get that icbit price out of the average. i want to use your site for pricing but cant if you are going to have an average that is so far way from the average between mt gox and bitstamp.

If you add local  bitcoin ask prices please keep it separate.
BitcoinAverage
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August 19, 2013, 03:44:47 PM
 #19

Please get that icbit price out of the average. i want to use your site for pricing but cant if you are going to have an average that is so far way from the average between mt gox and bitstamp.

If you add local  bitcoin ask prices please keep it separate.


The data is weighted,

icbit    0.00%    0.18

This will not influence the price you use at all as its less than a quarter of a bitcoin, does that help ?

I think the above also covers your comment regarding localbitcoins, their volume is currently 0.51%

Free Live Price Data: https://BitcoinAverage.com/ - API: https://apiv2.bitcoinaverage.com/ - Twitter: https://twitter.com/BitcoinAverage
BitcoinAverage (Blockchain Data LTD) © 2012-2017
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August 19, 2013, 05:38:30 PM
 #20

looks great man! thanks for the hard work.

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