Author

Topic: bitcoinwatch.com has a new owner (Read 3056 times)

sr. member
Activity: 337
Merit: 265
April 01, 2011, 08:22:22 AM
#9
There were some issues that prevented bitcoinwatch from updating today. This has been fixed.
hero member
Activity: 714
Merit: 500
March 27, 2011, 07:11:14 PM
#8
...if BTC/Gold continues to perform well, this could be used as a strong marketing sell to the public:

Bitcoins is Gold 2.0 - better, faster and much lighter.


+1
legendary
Activity: 2100
Merit: 1000
March 27, 2011, 04:35:22 PM
#7

This might be a bitcoinwatch FAQ.  Many people often assume that the gold/BTC value is simply calculated from the BTC/USD price, after getting a spot gold quote from some third party financial website.


The above method described by jgarzik would be the best way to show BTC/Gold in $. I don't know how difficult it is to pull Gold/USD prices from a third source, but definitely this would be very accurate.

This would also be a phenomenal measure of success for Bitcoins overall. Since its creation, BTC has outperformed Gold by galaxies.. We should track how this continues.

And then, if BTC/Gold continues to perform well, this could be used as a strong marketing sell to the public:

Bitcoins is Gold 2.0 - better, faster and much lighter.
legendary
Activity: 1596
Merit: 1091
March 27, 2011, 01:17:45 PM
#6
Where is Bitcoin actively traded for gold?  Must be very thin trading.

Bitcoin Central and Bitcoin Market (v2).

hero member
Activity: 726
Merit: 500
March 27, 2011, 01:09:15 PM
#5
This might be a bitcoinwatch FAQ.  Many people often assume that the gold/BTC value is simply calculated from the BTC/USD price, after getting a spot gold quote from some third party financial website.

I was converting from USD.  Where is Bitcoin actively traded for gold?  Must be very thin trading.
legendary
Activity: 1596
Merit: 1091
March 27, 2011, 01:01:35 PM
#4
I've noticed that from time to time the gold conversion value is incorrect.  This is one of those times.  It should be on the order of 4000 ounces of gold currently.

Quote from: tcatm
Where do you get that 4000 oau figure from? Is there any bitcoin/gold market I don't know about?

This might be a bitcoinwatch FAQ.  Many people often assume that the gold/BTC value is simply calculated from the BTC/USD price, after getting a spot gold quote from some third party financial website.

But bitcoinwatch tries to calculate directly from the most recent BTC/GAU trading prices, which can sometimes appear "outdated" versus current GAU/USD price due to slow BTC/GAU trading.

sr. member
Activity: 337
Merit: 265
March 27, 2011, 12:57:22 PM
#3
Where do you get that 4000 oau figure from? Is there any bitcoin/gold market I don't know about?
hero member
Activity: 726
Merit: 500
March 27, 2011, 12:46:16 PM
#2
I've noticed that from time to time the gold conversion value is incorrect.  This is one of those times.  It should be on the order of 4000 ounces of gold currently.
sr. member
Activity: 337
Merit: 265
March 27, 2011, 12:29:20 PM
#1
http://bitcoinwatch.com has changed owners and is now part of http://bitcoincharts.com

New features:
* shows all markets bitcoincharts knows about
* show only markets with trades within the last 24h
* total economy size in EURO
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