#winkdex

Monitor Bitcoin values and trends via Winkdex

By Mellisa Tolentino, siliconangle.com

Bitcoin enthusiasts now have a new platform they can use to track down the value of the virtual currency, and it’s all thanks to those Bitcoin-lovin’ Winklevoss Twins.

The Winklevoss Twins, Tyler and Cameron, are famous for their legal battle with Facebook CEO Mark Zuckerberg, whom they accused of stealing their idea for the world famous social network. The twins have moved on from that case, and are now known as two of the highest-profile proponents of Bitcoin, and are pushing for the mainstream adoption of the virtual currency.

Dubbed as Winkdex, obviously the name is taken from their surname, it’s a platform that uses values from six currency exchanges to get an approximation of Bitcoin’s value. It uses BitFinex, Bitstamp, BTC-e, CampBX, localBTC, and MtGox. Winkdex aims to make Bitcoin more detailed and transparent, allowing for an easier way to track the value of the virtual currency.

Winklevoss Twins Launch Price Index for Bitcoin Named the ‘Winkdex’

By Danny Bradbury, Coindesk.com

The Winklevoss twins really do want to put their name into bitcoin – they have launched a blended bitcoin price index, the ‘Winkdex’ that they say reflects the true price of the digital currency. The index will be used to price the assets in the brothers’ forthcoming bitcoin trust.

The Winkdex will be offered by Math-based Asset Index LLC, a company operated by the Winklevosses. It was announced today in the brothers’ latest filing with the SEC, an amended version of its July filing describing the Winklevoss Bitcoin Trust.

The Winkelvoss twins, who have said they own 1% of all bitcoins in circulation, have launched a new bitcoin pricing index called winkdex.

Forbes reports that: "Tyler and Cameron Winklevoss have become such prominent advocates of Bitcoin that they have successfully overcome the previously automatic association of their names with Facebook’s controversial founding. Now they’re taking their rebranding exercise to a whole new level with ‘Winkdex,‘ an index for Bitcoin price information."

By blending the price across multiple exchanges (including MTGox which has been driven down six-times lower than other exchanges due to confidence in stability and the moratorium on withdrawals) the twins hope to get a better "true" representation of the current price of bitcoin.

Winklevoss Twins Launch 'Winkdex' For Bitcoin Pricing

By Kashmir Hill, forbes.com

Tyler and Cameron Winklevoss have become such prominent advocates of Bitcoin that they have successfully overcome the previously automatic association of their names with Facebook’s controversial founding. Now they’re taking their rebranding exercise to a whole new level with ‘Winkdex,‘ an index for Bitcoin price information.

Described in a press release as “a blended price index that is designed to reflect the true price of bitcoins,” it’s the index… or rather, Winkdex, that would be used to price the value of the bitcoins held in the exchange-traded fund for which the New York-based twins are seeking the SEC’s blessing. Its price is based on the three “qualified Bitcoin Exchanges” that see the highest volume of Bitcoin trading in any two-hour period. “Qualified exchanges” would appear to exclude any exchange based in China, despite the popularity of Bitcoin there.