Post
Topic
Board Speculation
Merits 7 from 5 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
psycodad
on 12/02/2025, 15:01:08 UTC
⭐ Merited by fillippone (3) ,d_eddie (1) ,vapourminer (1) ,JayJuanGee (1) ,Hueristic (1)
Recently stumbled across this nifty little python script:

https://utxo.live/oracle/

It claims to find the daily market price by transaction analysis only.
I am still trying to wrap my head around the concept behind it, but for now I'll stick with 'kinda magic'.

I gave it a try on my node and it came up with a price of $97133 for Feb 11th 2025 and $97164 for Feb 10th 2025.
I then tried with Feb 12th 2024 and it gave me $48195 which seems pretty accurate too.

Who would have thought that the blockchain even contains price information..

Friggin amazing what they did there if you ask me.