My opinion is in coin DOGEcoin

in #steemit7 years ago

 

The lack of price precision surprises me. Whether 1 doge is 0.00000026 or 0.00000027 bitcoin makes quite a difference if you have a huge lot of doge, and it seems doge can't be traded for anything in between those two prices, or anything in between 0.00000027 and 0.00000028, et cetera. Why is that? Why is there not more decimal places, at exchanges as well as at cryptocompare, to cater for dogecoin's and other "tiny price" coins' need for better price precision? A fraction of a bitcoin can have easily 16 decimal places, or basically indefinitely many, right? So why use only eight decimal places to express the price of 1 doge in bitcoin, as 26 is inconveniently far away from 27 for example?

TWITRE

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