What is the superscript number in Bitcoinica prices?


Since Bitcoinica has been released I've been reading a bit about Forex. But i don't know what the superscript number refers to in the price quotes on the front page. How is this number calculated and what does it indicate? Or are they just simply pips?


Posted 2011-12-13T19:12:11.593

Reputation: 1 585



These are indeed pips, according to this comment by Bitcoinica's owner. That is, they are just an extra digit denoting multiplies of 0.00001 USD.

Meni Rosenfeld

Posted 2011-12-13T19:12:11.593

Reputation: 19 132

I admittedly don't know forex jargon, but what are pips? – Highly Irregular – 2011-12-15T00:26:58.123

Ah, I see it's explained in the linked comment... – Highly Irregular – 2011-12-15T00:28:50.413

@HighlyIrregular I've added an explanation to make the answer stand on its own. – Meni Rosenfeld – 2011-12-15T08:49:08.513