Author

Topic: Cointelegraph posting crazy bitcoin prices. (Read 223 times)

full member
Activity: 194
Merit: 100
CryptoPuzzle.com developer
November 15, 2017, 07:05:48 AM
#5
these "price indexes" are usually a simple API call to one or a couple of exchanges to get their prices and the site lists them on the top. and because of that, crazy things like this happen.

it is always the programmer's fault for not thinking ahead about these kinds of bugs. for example a simple comparison (1 line of code) can prevent stuff like this. you fetch the price from 3 sources for example and then compare them. if the price is ridiculous in one of them (like being 200000 in one place or 100) it is obviously a mistake and you automatically ignore it and then save a bug report for the "human" to check it later.

In few years the bug will be the opposite. The '$15,000' tag will be the smallest and you'll need to correct this because BTC will be a lot higher Smiley
hero member
Activity: 1470
Merit: 655
November 15, 2017, 06:58:08 AM
#4
these "price indexes" are usually a simple API call to one or a couple of exchanges to get their prices and the site lists them on the top. and because of that, crazy things like this happen.

it is always the programmer's fault for not thinking ahead about these kinds of bugs. for example a simple comparison (1 line of code) can prevent stuff like this. you fetch the price from 3 sources for example and then compare them. if the price is ridiculous in one of them (like being 200000 in one place or 100) it is obviously a mistake and you automatically ignore it and then save a bug report for the "human" to check it later.
member
Activity: 67
Merit: 10
November 15, 2017, 06:55:16 AM
#3
Didn't they had problems like this before? If not them, some service with a close name did, and it was absurd like this too. Well, shit happens.
full member
Activity: 195
Merit: 100
November 15, 2017, 06:02:41 AM
#1
Shows 24 hour high of $43,356
It has been jumping around for the past few minutes.
There is an article that BTC was up to $12,500 in Zimbabwe as another round of hyperinflation hits.
https://cointelegraph.com/bitcoin-price-index

Edit - now back to normal. I should have taken a screenshot
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