Wednesday, April 2, 2014

10 Best Sites To Help You Track Bitcoin Exchange Rates

Bitcoin may have become relatively more stable as of late, even after numerous security scares, but it’s still far from being completely stable. Bitcoin and other cryptocurrencies, unlike fiat currencies like the US Dollar, isn’t backed by governments and aren’t influenced by monetary policy. This makes it a lot more like gold than any other currency, since its value rests entirely on how much people are willing to pay, and how much its users believe in it. This, as you can imagine, can lead to volatility and uncertainty.

Winkdex

Given this uncertainty and potential for volatility, it would be quite a smart move to keep an eye on the value of Bitcoin, especially if you’re trying to make a profit from an investment. Even if you’re not an investor, it’s still a good idea to be aware, just in case. Here’s a list of 10 sites that you can use to track the value of Bitcoin.

1. Bitcoin Charts

Bitcoin Charts is probably the most comprehensive Bitcoin price tracker available. Bitcoin Charts tracks the price of Bitcoin in relation to a large number of currencies, including USD, EUR, GBP, JPY and even Ripple. Bitcoin Charts has a few different chart types and can even show moving averages and technical indicators such as accumulation/distribution and rate of change.

Bitcoin Charts

The time range for the charts can be as short as 1 day and as long as 8 years, with an All Data option. As you might expect, there isn’t enough data for the 4- and 8-year time ranges. Bitcoin Charts also has charts showing Bitcoin exchange volume distribution.

2. BitcoinWisdom

BitcoinWisdom tracks the price of Bitcoin on a number of major exchanges such as Bitstamp, BTC-e and Coinbase. BitcoinWisdom also tracks the price of Bitcoin in relation to other cryptocurrencies on exchanges such as Cryptsy and Bter. BitcoinWisdom has a few settings you can tweak, including chart styles and depth ranges.

BitcoinWisdom

The tracker updates in real time, and you can choose the time interval for the main graph, ranging from one minute to one week. Bitcoin Wisdom also has Bitcoin and Litecoin difficulty charts and mining calculators.

3. CoinDesk

CoinDesk’s Bitcoin price tracker has both their own Bitcoin Price Index (BPI), which averages the prices from three leading Bitcoin exchanges: Bitfinex, Bitstamp and BTC-e. The graph can display either the BPI, or price data from any of the three exchanges. Historical data for Mt. Gox is also included.

CoinDesk

CoinDesk can display both Closing and Open, High, Low, Close (OHLC) price data. The time frame for the graph ranges from 1 hour to an All setting that goes back as far as possible. You can also set a custom time frame.

4. Bitcoinity

Bitcoinity tracks the price of Bitcoin across a number of different exchanges and currencies. Unlike most trackers, Bitcoinity has a preferences section where you can customize your experience. You can, amongst others, choose the default theme, the precision of the price, whether to show prices in BTC or mBTC and hide trades smaller than a certain amount.

Bitcoinity

Bitcoinity has an alternate light-colored theme if you don’t like the default color scheme. The time range for the price chart ranges from 10 minutes up to a historical 2 year view. The change graph ranges from 1 minute to 1 hour. It also lets you zoom in and out.

5. Coinbase

Coinbase isn’t a dedicated price tracker, but still has a Charts view that tracks Bitcoin’s price. Coinbase has charts that track Bitcoin price in USD as well as the number of Bitcoin transactions per day. Coinbase is one of the few trackers that also tracks transaction volume, which may be of interest to some.

Coinbase

Like most other trackers, you can select the time range of the graph, from 1 day up to an All option. You can also set a custom time range. Coinbase doesn’t explicitly state the source of their price data.

6. Winkdex

Winkdex pools data from seven different exchanges, including Bitfinex, Bitstamp and CampBX, to provide an average price for Bitcoin. Winkdex weighs exchange prices according to transaction volume on the exchanges, so that high-price but low-transaction outliers will not greatly affect the average price.

Winkdex

Winkdex has a remarkably clean interface and gives you a number of range options, from as short as one day up to a Max option that shows all available data. Winkdex is still in beta and might have some bugs that need to be ironed out.

7. Blockchain

Blockchain draws its data from Bitcoinity, but presents it in a slightly easier to use way. Unlike Bitcoinity, Blockchain only tracks three currencies: USD, EUR and GBP. Blockchain also shows the BTC-e chat room in a small window, so you can keep up to date with all the gossip and discussion going on there.

Blockchain

The time range for the price chart on Blockchain ranges from 10 minutes up to 6 months, while the change graph ranges from 1 minute to 1 hour. You can also zoom in and out of the change graph.

8. Bitcoin Ticker

Bitcoin Ticker tracks the value of Bitcoin in real time on six different exchanges. These exchanges include BitStamp, BTCChina, Bitfinex and Kraken. Bitcoin Tracker also has a news ticker that shows all the latest Bitcoin-related news, as well as a real-time readout of buy and sell orders on the respective exchanges.

Bitcoin Ticker

The graph has a time range from 10 minutes to All Time. Bitcoin Ticker also has a Combined view mode that shows real-time price graphs for Bitfinex, Huobi, BitStamp and BTC-e on the same screen.

9. BigTerminal

BigTerminal tracks a large number of markets, including cryptocurrencies Bitcoin and Litecoin. As far as Bitcoin is concerned, BigTerminal can track both average and exchange-specific prices, namely on BitStamp, BTC-e and Coinbase. You can compare charts and even change the currency BigTerminal displays in.

BigTerminal

BigTerminal’s graph defaults to a quarterly view, but you can go as short as 15 minutes and as far back as a historical view. BigTerminal includes social sharing options as well as chart and drawing tools. You can even save the charts in a few different formats.

10. Bitwat.ch

Bitwat.ch does things a bit differently. Instead of tracking the value of Bitcoin, Bitwat.ch is a site that sends you alerts via e-mail when the price of Bitcoin rises above or drops below a certain price of your choosing. Bitwat.ch gets its data from CoinDesk‘s Bitcoin price tracker.

Bitwat.ch

You can also register on Bitwat.ch if you want to keep track of all your alerts. Registering also lets you delete alerts, which can be useful if the price levels you set have been made out of date, or if you’re just tired of receiving alerts.

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