Bitcoin Forum
December 13, 2017, 09:20:14 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Winkdex...  (Read 4276 times)
T.Stuart
Sr. Member
****
Offline Offline

Activity: 476



View Profile
February 19, 2014, 10:55:34 PM
 #1

Check out this new price index from the Winklevoss twins:

http://winkdex.com

Quite neat-looking, if a bit sparse on tools.

Nice to see that Gox prices are out of the equation.

I don't know if it's intentional, but the "about" section is mildly amusing...

EDIT: read Gox prices are not included here: http://newsbtc.com/2014/02/19/winklevoss-twins-launch-winkdex-blended-bitcoin-price-index/

                                   
  ███████████████████████████████U
  ███████████████████████████████U
  ███████████████████████████████U
  ███████████████████████████████U
  ████████████▌     ]████████████U
  ████████████▌     ]████████████U
  ████████████▌     ]████████████U
  ██████""""""       """"""██████U
  ██████                   ██████U
  ██████                   ██████U
  ████████████[     ]████████████U
  ████████████▌     ]████████████U
  ████████████▌     ]████████████U
  ████████████▄▄▄▄▄▄▄████████████U
  ╙█████████████████████████████▀ 
    ╙█████████████████████████╜   
      `▀███████████████████▀'     
          ╙█████████████▀`         
              ╙▀███▀╜`             
                                   
 
 






.✫ Forex in crypto for everyone ✫.
 
 






1513200014
Hero Member
*
Offline Offline

Posts: 1513200014

View Profile Personal Message (Offline)

Ignore
1513200014
Reply with quote  #2

1513200014
Report to moderator
1513200014
Hero Member
*
Offline Offline

Posts: 1513200014

View Profile Personal Message (Offline)

Ignore
1513200014
Reply with quote  #2

1513200014
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513200014
Hero Member
*
Offline Offline

Posts: 1513200014

View Profile Personal Message (Offline)

Ignore
1513200014
Reply with quote  #2

1513200014
Report to moderator
1513200014
Hero Member
*
Offline Offline

Posts: 1513200014

View Profile Personal Message (Offline)

Ignore
1513200014
Reply with quote  #2

1513200014
Report to moderator
Singlebyte
Hero Member
*****
Offline Offline

Activity: 854



View Profile
February 19, 2014, 11:04:05 PM
 #2

Interesting....

Wonder if the community will except this new index as the "defacto" over other pricing sites.  Also curious why they felt the need to create a new pricing index.  
T.Stuart
Sr. Member
****
Offline Offline

Activity: 476



View Profile
February 19, 2014, 11:07:05 PM
 #3

Interesting....

Wonder if the community will except this new index as the "defacto" over other pricing sites.  Also curious why they felt the need to create a new pricing index.  

Don't know but I like that Gox prices are not factored in.

                                   
  ███████████████████████████████U
  ███████████████████████████████U
  ███████████████████████████████U
  ███████████████████████████████U
  ████████████▌     ]████████████U
  ████████████▌     ]████████████U
  ████████████▌     ]████████████U
  ██████""""""       """"""██████U
  ██████                   ██████U
  ██████                   ██████U
  ████████████[     ]████████████U
  ████████████▌     ]████████████U
  ████████████▌     ]████████████U
  ████████████▄▄▄▄▄▄▄████████████U
  ╙█████████████████████████████▀ 
    ╙█████████████████████████╜   
      `▀███████████████████▀'     
          ╙█████████████▀`         
              ╙▀███▀╜`             
                                   
 
 






.✫ Forex in crypto for everyone ✫.
 
 






Biodom
Legendary
*
Offline Offline

Activity: 1442


View Profile
February 19, 2014, 11:25:42 PM
 #4

Should have been Windex, but it is probably copyrighted, LOL
(Win-win)dex or (wink-wink) are 'solid' choices as well.
winkldex is still better than winkdex, but the winner should have been:

WINBIT

Any other suggestions?

Interesting....

Wonder if the community will except this new index as the "defacto" over other pricing sites.  Also curious why they felt the need to create a new pricing index.  

Reason-they don't want to pay inflated coinbase prices
cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736

Let's talk governance, lipstick, and pigs.


View Profile
February 19, 2014, 11:27:00 PM
 #5

Interesting....

Wonder if the community will except this new index as the "defacto" over other pricing sites.  Also curious why they felt the need to create a new pricing index.  

Don't know but I like that Gox prices are not factored in.

So they say. But still their average is lower than BitcoinAverage. I wonder why they have to keep their formula a secret?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
windjc
Legendary
*
Offline Offline

Activity: 1428


View Profile
February 19, 2014, 11:52:07 PM
 #6

Interesting....

Wonder if the community will except this new index as the "defacto" over other pricing sites.  Also curious why they felt the need to create a new pricing index.  

I assume because their ETF will need a price index. Might as well create their own than trusting someone elses.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
JimboToronto
Legendary
*
Online Online

Activity: 1666



View Profile
February 20, 2014, 02:46:22 AM
 #7

I like that Gox prices are not factored in.

Absolutely. To include them would be a travesty.

As they describe it:

Quote
Winkdex is calculated by blending the trading prices in U.S. dollars for the top three (by volume) qualified Bitcoin Exchanges* during the previous two hour period using a volume-weighted exponential moving average.

* As of February 7, 2014, Mt.Gox placed a "pause on all BTC withdrawal requests” in addition to a continued "back-log of [USD] withdrawals”. As a result, it is no longer a qualified exchange for the Winkdex calculation.

I'm not the biggest Winklevoss fan but they seem to have gotten this one right.
dave111223
Hero Member
*****
Offline Offline

Activity: 924


Crypterium- Digital Mobile Cryptobank For Everyone


View Profile
February 20, 2014, 02:52:53 AM
 #8

http://winkdex.com/#/about

lol  Cheesy  There is only one word different in their profiles...their first name...why would they even put that on there like that, isn't it embarrassing?



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
JimboToronto
Legendary
*
Online Online

Activity: 1666



View Profile
February 20, 2014, 03:05:05 AM
 #9

http://winkdex.com/#/about

lol  Cheesy  There is only one word different in their profiles...their first name...why would they even put that on there like that, isn't it embarrassing?

They're probably proud of it.   Roll Eyes
BitChick
Legendary
*
Offline Offline

Activity: 1120


View Profile
February 20, 2014, 03:25:14 AM
 #10

Not a bad day to come out with it.  We are pretty undervalued with the Gox issues I believe.  It might spur some interest if people look at it in a day or two and see the price increase by $100 or more.   Grin  I know I am bullish here but it could happen.  Anything can happen with Bitcoin I believe.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
HairyMaclairy
Sr. Member
****
Online Online

Activity: 308


View Profile
February 20, 2014, 03:25:57 AM
 #11

Looks like they split the difference between Bitstamp and BtC E.  

Glad they patented that.  


*On a serious note this is the right decision.  The media needs to be weaned off quoting Gox and this is how to achieve it.

** the index has a hidden weakness in not referencing Huobi or OkCoin.
JimboToronto
Legendary
*
Online Online

Activity: 1666



View Profile
February 20, 2014, 03:40:34 AM
 #12

the index has a hidden weakness in not referencing Huobi or OkCoin.

Quote
Winkdex is calculated by blending the trading prices in U.S. dollars for the top three (by volume) qualified Bitcoin Exchanges during the previous two hour period using a volume-weighted exponential moving average.

I think they mean the top three (by volume) qualified Bitcoin Exchanges using USD. Isn't Huobi JPN only?

At least they are using a volume-weighted exponential moving average.
goxed
Legendary
*
Offline Offline

Activity: 1708


Mining hardware dev and reviewer.


View Profile
February 20, 2014, 03:50:55 AM
 #13

Can someone explain in simple terms how Winkdex works and how is this price quoted?

Looking to review Bitcoin / Crypto mining Hardware.
dave111223
Hero Member
*****
Offline Offline

Activity: 924


Crypterium- Digital Mobile Cryptobank For Everyone


View Profile
February 20, 2014, 03:53:02 AM
 #14

Can someone explain in simple terms how Winkdex works and how is this price quoted?

(Bitstamp + BTC-e) / 2

* I have a patent and trademark pending on this highly complex equation; you must pay me for looking at it  Grin



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
JimboToronto
Legendary
*
Online Online

Activity: 1666



View Profile
February 20, 2014, 03:55:22 AM
 #15

Can someone explain in simple terms how Winkdex works and how is this price quoted?

I quoted this directly from their website twice already. I'll try a third time.

Quote
Winkdex is calculated by blending the trading prices in U.S. dollars for the top three (by volume) qualified Bitcoin Exchanges during the previous two hour period using a volume-weighted exponential moving average.
JimboToronto
Legendary
*
Online Online

Activity: 1666



View Profile
February 20, 2014, 04:02:15 AM
 #16

Can someone explain in simple terms how Winkdex works and how is this price quoted?

(Bitstamp + BTC-e) / 2

* I have a patent and trademark pending on this highly complex equation; you must pay me for looking at it  Grin


No. That's wrong.

If you don't know, perhaps you shouldn't post BS. Putting a smiley in your brag won't stop some people from actually believing that crap.

It's based on the top 3 qualified USD exchanges, not just Stamp and BTC-e and is not a simple average, but a weighted moving exponential average.
TheFootMan
Hero Member
*****
Offline Offline

Activity: 490


View Profile
February 20, 2014, 09:23:44 AM
 #17

I don't know if it's intentional, but the "about" section is mildly amusing...

That was too funny. My first thought: Those dudes are SCARY identical! I wonder if they got the same grades as well!

But  really they should've called it the 'Winkledex'.
rangedriver
Hero Member
*****
Offline Offline

Activity: 707



View Profile
February 20, 2014, 09:52:07 AM
 #18

With no altcoins listed I can't see it being much use over BitcoinWisdom, Coinmarketcap and/or TargetMoon.
GigaCoin
Sr. Member
****
Offline Offline

Activity: 308


Giga


View Profile
February 20, 2014, 09:53:29 AM
 #19

Winkdex is awesome and i look forward to the ETF

tss
Hero Member
*****
Offline Offline

Activity: 742


View Profile
February 21, 2014, 04:20:52 AM
 #20

finally someone big steps up to do some good for a try at bitcoin stabilization
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!