CoinDesk BPI Spike Caused By LakeBTC Price Ticker Error

By October 27, 2014Bitcoin Entertainment

CoinDesk BPI Spike Caused By LakeBTC Price Ticker Error

The CoinDesk BPI spiked this weekend due to an error in the data reported by the LakeBTC exchange.

From 09:18 UTC to 12:24 UTC on 26th October, LakeBTC’s price ticker reported a bid value of $1,000. Immediately prior to this, the value was $351.34. A LakeBTC data caching issue caused its price ticker to show an erroneous, high, bid value. "We thought it was the trades but the trade history looked fine. Product support reviewed […]

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