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eli
on April 10, 2013
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Bitcoin down 60% to $100
If I wanted to sell my bitcoins right this minute do you think I could get a higher price? I don't. And that's the only measure of price that matters.
publicfig
on April 10, 2013
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[–]
What I meant by that is the page will sometimes call a cached version from earlier today, which would be more inaccurate. I had the page load a cached version that had it at $225, and after retrying for a live version, it had it down to $160.
brodney
on April 10, 2013
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You don't think it's important to have accurate price history to sell something?
eli
on April 10, 2013
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I didn't say that. But the market value of something is the price at which you can currently buy and sell it, regardless of anyone else claims.
publicfig
on April 10, 2013
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root
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The problem with that is, however, that you also couldn't sell at that price because it was just a cached page.
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