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Add BitVol to Resources/Charts #1595

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merged 1 commit into from May 14, 2017

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laudaa commented May 11, 2017 edited

Hello.

I think this website would be an useful addition for the Charts page. It calculates the historical volatility of the Bitcoin price using the Coindesk API (which will change to BitcoinAverage soon && more features will be added). Volatility is a very important metric as Bitcoin is slowing moving towards stability that can be seen in traditional fiat currencies, and was used as an argument against Bitcoin in the past.

I would like to hear other people's input. Any suggestions for the website are also very welcome!

Add BitVol to Resources/Charts
Hello.

I think this website would be an useful metric for the Charts page. It calculates the historical volatility [1] of the Bitcoin price using the Coindesk API[2] (which will change to BitcoinAverage soon && more features will be added). Volatility is a very special metric as Bitcoin is slowing moving forward towards stability that can be seen in traditional fiat currencies, and was used as an argument against Bitcoin in the past.

[1] - http://www.ivolatility.com/help/2.html
[2] - http://www.coindesk.com/api/

I would like to hear other people's input.
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Cobra-Bitcoin commented May 11, 2017

LGTM!

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JTuwiner commented May 13, 2017 edited

Looks good @laudaa ! Did you use https://github.com/JTuwiner/btcvol/ ?

There's also BTCVol.info, recently acquired by BBW https://www.buybitcoinworldwide.com/volatility-index/

From what I see, bitvol.info only shows the price, and not volatility in its chart

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wbnns commented May 13, 2017

Thanks guys. Unless others object, this will be merged on Sunday, May 14th (tomorrow).

@wbnns wbnns self-assigned this May 13, 2017

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laudaa commented May 13, 2017 edited

@JTuwiner No, I did not use your project. This is mostly coded from scratch using JS (besides e.g. the graph) and PHP to pull the API data.

Correct, it does not current display a volatility chart. This will likely get added soon.

Thanks @Cobra-Bitcoin @JTuwiner @wbnns.

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JTuwiner commented May 13, 2017

@laudaa Cool! Looks good! I'm not a coder, so couldn't really tell although it looked similar :)

If you want to collaborate in some way in the future, let me know!

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laudaa commented May 13, 2017 edited

@JTuwiner Then who coded it seeing that it is your repo? Maybe we should take this privately to avoid unnecessary comments here. Hit me up when you have some time: lauda.m@protonmail.ch.

@wbnns wbnns merged commit 1c09289 into bitcoin-dot-org:master May 14, 2017

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