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Stakeholder Proposals / Re: Witnesses: Can you please add 'GRIDCOIN' to your price feed please?
« on: September 16, 2016, 03:48:45 pm »
I believe we experienced a 'black swan' event on 8th September 2016 (lol).
Here's a breakdown of the massive spike in trading volume we experienced: https://steemit.com/gridcoin/@cm-steem/08-september-2016-gridcoin-foldingcoin-and-curecoin-spiked-signifcantly-in-value
TL;DR: Gridcoin spiked to ~ $5 million market cap from ~$2mil w/ approx $800k trading volume, after about 36hrs we dropped down to $2.7 million and now after a week we're sitting around $3-3.5 million market cap with between $20-100k daily trading volume.
The Gridcoin MPA no longer has actively updated price feeds for 7 days now, perhaps this is due to the 7 day forced settlement delay that I implemented.
I'd really appreciate some input regarding how MPAs recover after a blackswan event and input on Gridcoin's MPA settings/variables.
Cheers,
CM.
Here's a breakdown of the massive spike in trading volume we experienced: https://steemit.com/gridcoin/@cm-steem/08-september-2016-gridcoin-foldingcoin-and-curecoin-spiked-signifcantly-in-value
TL;DR: Gridcoin spiked to ~ $5 million market cap from ~$2mil w/ approx $800k trading volume, after about 36hrs we dropped down to $2.7 million and now after a week we're sitting around $3-3.5 million market cap with between $20-100k daily trading volume.
The Gridcoin MPA no longer has actively updated price feeds for 7 days now, perhaps this is due to the 7 day forced settlement delay that I implemented.
I'd really appreciate some input regarding how MPAs recover after a blackswan event and input on Gridcoin's MPA settings/variables.
Cheers,
CM.