BitcoinAverage.com - bitcoin price index

[BitcoinAverage]

A widget generator for those unable to use the API themselves is available for testing:

https://bitcoinaverage.com/widget.htm

[tspacepilot]

Very cool on the widget generator.  I write my own code so I won't need it personally but I really like all the work you guys are doing.  By the way, is there anything that funds the project?  I haven't really seen ads on the site so if they're there, they're pretty unobtrusive.

[Newar]

Very cool on the widget generator.  I write my own code so I won't need it personally but I really like all the work you guys are doing.  By the way, is there anything that funds the project?  I haven't really seen ads on the site so if they're there, they're pretty unobtrusive.

With AdblockPlus 2.x (that has the "allow unobtrusive ads" feature) I see two ads, plus the referral link to BitVPS. I click them on a regular basis 

[BitcoinAverage]

Very cool on the widget generator.  I write my own code so I won't need it personally but I really like all the work you guys are doing.  By the way, is there anything that funds the project?  I haven't really seen ads on the site so if they're there, they're pretty unobtrusive.

No funds, only from ads, we could really do with some to push things forward!

[BitcoinAverage]

We wanted to ask the community if they have had any dealings with LakeBTC.com. They have extremely large volume for a new exchange and I don't know a single trader (and i know a few) that have used them.

https://www.lakebtc.com/api_v1/ticker

Just wanted to put the feelers out before integrating them into our system, it seems they paid Coindesk to integrate them into their index or have some other deal.

Note: Yes they do have fees for trades.

[Newar]

We wanted to ask the community if they have had any dealings with LakeBTC.com. They have extremely large volume for a new exchange and I don't know a single trader (and i know a few) that have used them.

https://www.lakebtc.com/api_v1/ticker

Just wanted to put the feelers out before integrating them into our system, it seems they paid Coindesk to integrate them into their index or have some other deal.

Note: Yes they do have fees for trades.

How come you are so cautious when you still have BTC China listed? How many traders do you know on that 0% fee exchange?

[BitcoinAverage]

We wanted to ask the community if they have had any dealings with LakeBTC.com. They have extremely large volume for a new exchange and I don't know a single trader (and i know a few) that have used them.

https://www.lakebtc.com/api_v1/ticker

Just wanted to put the feelers out before integrating them into our system, it seems they paid Coindesk to integrate them into their index or have some other deal.

Note: Yes they do have fees for trades.

How come you are so cautious when you still have BTC China listed? How many traders do you know on that 0% fee exchange?

BTCChina never used to have 0% fees, this is why they are still included in v1, yes we need to remove them, but in v2 they aren't included.

Adding a new exchange i would like to check, i know many people using btcchina and okcoin, but none that use lakebtc.

As for 0% fee exchanges in general we are looking at including them all, but only using for example 25% of their volume for weighting. We would like to do a poll with the community to gauge what people would think is a fair %, and if the idea is ok with the majority.

[BitcoinAverage]

BTCChina are now ignored until this is resolved in v2 of our backend/API

[Newar]

You probably missed it, but BTCChina was mentioned in July in this thread.  https://bitcointalk.org/index.php?topic=270190.msg7936557#msg7936557
They dropped them for a while already apparently: http://www.coindesk.com/bitcoin-exchange-btc-china-eliminates-trading-fees/


Regarding LakeBTC: after reading the interview with their CEO, I think they are less shady than btc-e, so why not?
http://cointelegraph.com/news/112112/a-ban-should-target-risky-products-and-foul-players-not-bitcoin-itself-lakebtc-ceo-thomas-xie

The only thing I'm not clear about is their Dark pool. They say the orders don't show on the orderbook, but it's not clear to me if they show in their history. I have asked in their thread.

Edit: They do show in the history:

https://bitcointalk.org/index.php?topic=607119.msg9163423#msg9163423

dark pool: https://www.lakebtc.com/p/2472?locale=en

how does it works?  would the orders within the dark pool to be priority?

no. all orders get matched in the same way. dark pool orders are not displayed in public orderbook - that's the only difference.

Just to clarify: Do they show in the history?

yes they do. they get matched with all other orders and once executed, they show in the history like everybody else.

[Newar]

Well, ain't that timely?

https://www.lakebtc.com/p/7015?locale=en

Maker-taker and FREE trading

10/11/2014 01:27

Written by LakeBTC.com

Dear Users,

As promised, LakeBTC is adjusting the fee structures by introducing the maker-taker model. And, to get more users try it out, we are offering an unprecedented low trading and withdrawals rates during the promotional period. You may get 0.05% or FREE trading, 0.1% for USD withdrawal, and 0.0001 BTC for bitcoin withdrawals.

For details, please check out our fee structure page at https://www.lakebtc.com/s/fees?locale=en

Trading - Taker   0.2%

Trading - Maker   

    0%, if your past-30 day volume exceeds 2000 BTC.
    0.05%, if you retweet or reply with your UID in bitcointalk or reddit. See below for details.
    0.15%, otherwise.

[BitcoinAverage]

It is a little odd, for now we will not be including them until they reply to our emails!

[Bitcoin Explorer]

I'm working on something similar but it's more into statistics and margins

[statoshi]

Are you still there, BitcoinAverage? Your Twitter bot has been broken for over a month... https://twitter.com/bitcoinaverage

[StewieG]

Hey wait a minute, that stuff is pretty sweet! 

[boumalo]

Nice website but why big exchanges like bitfinex or cavirtex are not represented?

[BitcoinAverage]

Are you still there, BitcoinAverage? Your Twitter bot has been broken for over a month... https://twitter.com/bitcoinaverage

Yes we are here working hard behind the scenes on a large overhaul of our backend.

The twitter bot died without notification so apologies for that!

[BitcoinAverage]

Nice website but why big exchanges like bitfinex or cavirtex are not represented?

Bitfinex have always been integrated, maybe at the time you checked their API wasn't accessible by our backend?

CaVirtex are also integrated, however their name on our frontend is VirtEx, maybe this has changed as they have been integrated for a very long time. If this is incorrect now please let us know and we'll push a change

You can check a list of ignored exchanges via the UI on our homepage, or via the API > https://api.bitcoinaverage.com/ignored

[schiavonxv]

Please, can you add more brazilian exchanges in BRL Makert?

www.foxbit.com.br : https://api.blinktrade.com/api/v1/BRL/ticker?crypto_currency=BTC
www.bitcointoyou.com : https://www.bitcointoyou.com/API/ticker.aspx
www.bitinvest.com.br : https://developers.bitinvest.com.br/docs/services/53c80421e996ec0360040003/operations/53c80421e996ec0360080007

[BitcoinAverage]

Please, can you add more brazilian exchanges in BRL Makert?

www.foxbit.com.br : https://api.blinktrade.com/api/v1/BRL/ticker?crypto_currency=BTC
www.bitcointoyou.com : https://www.bitcointoyou.com/API/ticker.aspx
www.bitinvest.com.br : https://developers.bitinvest.com.br/docs/services/53c80421e996ec0360040003/operations/53c80421e996ec0360080007

We will take a look at these for sure.

[BitcoinAverage]

Just an update regarding bitstamp and some emails we've been receiving about their integration.

We are aware they are offline and not ignored, however their volume is 0 so have no effect on our average whatsoever. We will continue to monitor the situation