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RE: Keychain Store v0.5

in #keychain20 days ago

Very cool! The currency conversion feature will give merchants the peace of mind that it will be accurately priced based on what they know is the fiat value of the goods and services offered.

I just want to clarify, the conversion to HBD… is based on Coingecko? I noticed that HBD’s price shown in coingecko is unstable compared to Hive’s Internal Market. Will this be an issue?

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I'm also surprised to see CoinGecko. I'm not very active, but for the last few years, every single time I check the coingecko's price estimation, it's very noticeably different than on exchanges like bittrex, binance, well, ok, bittrex is dead now, I didn't got used to that yet :) but I'd really like to hear others' opinion on that - because - if it really is that bad as it seems to me(*), why it's still used?

(*) let's say, typical 7-10 to even 20% difference? Long time ago I tried to guess what's the deal - and it seemed to prefer the prices on something like 2-3 exchanges with very odd prices, some new china-based exchanges I never heard aboout, while ~10 other exchanges I've seen for years all had their hive/hbd prices mostly equal.