Why is ripple's chart so smooth?

Started by monsterer, April 07, 2015, 07:42:51 PM

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Ander

#2
April 07, 2015, 09:00:59 PM
Its because the price is taken from ripplecharts.com, which averages together the ripple price against many different currencies: BTC, USD, CNY, etc. 

The averaging means that when a trade occurs an it moves in one pairing, the average price still doesnt move all that much, so moves occur more smoothly. 

Compare to bitshares, where a price move on btc38 makes the price listed on CMC jump around up or down.
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monsterer

#1
April 07, 2015, 07:42:51 PM
This has been bugging me for a while, ripple's price chart on CMC is always really smooth compared to the other coins. Why?

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