BitShares Forum

Main => General Discussion => Topic started by: yellowecho on February 18, 2015, 06:00:18 am

Title: The Beauty and Strength of BitUSD
Post by: yellowecho on February 18, 2015, 06:00:18 am

(http://i.imgur.com/bEOWklR.png)

Trading at a premium with 100% internal exchange volume  8)

Title: Re: The Beauty and Strength of BitUSD
Post by: Markus on February 18, 2015, 07:08:48 am

CMC is not always accurate regarding the current price. The BitUSD price in $ is calculated using various other ratios like BTS/BTC, BTC/USD etc. and CMC doesn't bother to make sure that these other price ratios have the same timestamp.

This means that when the price of BTS rises quickly externally and BitUSD internally has low volume or doesn't trade at all CMC will show an unrealistically high BitUSD/$ price.

Title: Re: The Beauty and Strength of BitUSD
Post by: xeroc on February 18, 2015, 07:55:58 am

It would look alot better if they were to compute the prices for each an every individual trade instead .. though it may be to complex for a site of that size :)