Definition of the nth derivative? [First post]

If the definition of the derivative is $$ f^\prime(x) = \lim_{\Delta x \to 0} \dfrac{f(x+\Delta x) - f(x)}{\Delta x} $$ Would it make sense that the nth derivative would be (I know that the 'n' in delta x to the nth power is useless) $$ f^{(n)}(x)=\lim_{\Delta x \to 0} \sum_{k=0}^{n}(-1)^k{n \choose k}\dfrac{f(x+\Delta x(n-k))}{\Delta x^n} $$ I came to this conclusion using this method $$ f^\prime(x) = \lim_{\Delta x \to 0} \dfrac{f(x+\Delta x) - f(x)}{\Delta x} $$ (this is correct right?) $$ f^{\prime\prime}(x) = \lim_{\Delta x \to 0} \dfrac{f^\prime(x+\Delta x) - f^\prime(x)}{\Delta x}=$$
$$\lim_{\Delta x \to 0}\dfrac{\dfrac{f((x+\Delta x)+\Delta x)-f(x+\Delta x)}{\Delta x}-\dfrac{f(x+\Delta x)-f(x)}{\Delta x}}{\Delta x}=$$
$$\lim_{\Delta x \to 0}\dfrac{f(x+2\Delta x)-2f(x+\Delta x)+f(x)}{\Delta x^2} $$ After following this method a couple of times(I think I used it to the 5th derivative) I noticed the pattern of $$(a-b)^n$$ And that is how i arrived at $$ f^{(n)}(x)=\lim_{\Delta x \to 0} \sum_{k=0}^{n}(-1)^k{n \choose k}\dfrac{f(x+\Delta x(n-k))}{\Delta x^n} $$ Have I made a fatal error somewhere or does this definition actually follow through?
Thanks for your time I really appreciate it.
P.S. Any input on using tags will be appreciated.


This is probably not a good definition of the $n$th derivative. To see this, consider the case $n = 2$: $$ f''(x) = \lim_{h \to 0} \frac{f(x + 2h) - 2f(x + h) + f(x)}{h^2} $$ Define $f: \mathbb{R} \to \mathbb{R}$ as follows. First, define $f(0) = 0$. Now define $f$ on the intervals $\left[-1, -\tfrac12\right)$ and $\left(\tfrac12, 1\right]$ to be your favorite unbounded function, for instance $\frac{1}{x^2 - 1/4}$ is a good choice. Now, for any $x$, let $k$ be the unique integer such that $2^k x$ is contained in one of these intervals, and define $f(x) = 2^{-k} f(2^k x)$.

This construction satisfies $f(2h) = 2f(h)$ for all $h \in \mathbb{R}$, so the derivative formula above gives $$ f''(0) = \lim_{h \to 0} \frac{f(2h) - 2f(h) + f(0)}{h^2} = \lim_{h \to 0} \frac{0}{h^2} = 0 $$ However, $f$ is wildly discontinuous at $0$, and is in fact unbounded in any neighborhood containing $0$.