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RE: We REALLY need to sort out HBD

in LeoFinance2 years ago

HBD is trading at $0.988 (pHBD) and $0.982 (internal market).

Coingecko is just displaying wrong data, from Upbit and Bittrex (no volume or liquidity there).

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Oh I see. Those prices are much better, although not $1 but far better than what Coingecko is displaying.

Is there a way we can sort out Coingecko's tracking? That's not a good look for Hive at all, especially if we're trying to attract external investors that probably check Coingecko and Coinmarketcap that is currently displaying 91 cents?

They take their price feed from whatever (major) centralised exchanges the coin is listed on.

For us, that means Upbit and Bittrex...

So the solution is for more exchanges, like say Binance, to list HBD.

You could make an argument that they owe us this one following their role in the Steem hostile takeover!

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Thanks for the information about the price feed.

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Definately a relief, to know it isn't 88 cents. BUt I share your concern for that low price, even if this is the Hive community, 88 cents could make some withdrawal their funds. Terraluna was no joke.

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I was about to write the same! Coingecko is not what should be looked at as an indicator....

Okay, thanks, I wonder where Polycub gets their price feed and if it is better, then perhaps Coingecko couold se that source?

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Probably from pHBD, which is listed on coingecko separately (with accurate price): https://www.coingecko.com/en/coins/polygon-hbd