Wrong SBD prices on coinmarketcap.com

yensesa (61)in #steem • 6 years ago (edited)

Today the market price on coinmarketcap as at the time of writing this post is 1SBD = $3.24 Screen Shot 2018-06-04 at 7.54.50 AM.png .

Verifying this price across Bittrex, Steemdollar and Poloniex shows that there is something wrong with coinmarketcap pricing and this might be causing issues with exchanges that depends on their API.

Other sources of verification are : https://steemit.com/market and https://blocktrades.us
At this time of writing we will say the correct price of SBD across multiple sources is averagely $1.7

Screen Shot 2018-06-04 at 9.51.37 AM.png
Screen Shot 2018-06-04 at 10.02.10 AM.png

We believe this issue is coming from coinmarketcap.com pulling SBD price from hitbtc.com, which happens to be having an issue with SBD at the moment.

Screen Shot 2018-06-04 at 11.12.54 AM.png

Screen Shot 2018-06-04 at 11.13.29 AM.png

#cryptocurrency #yensesa #wafrica #accra

6 years ago in #steem by yensesa (61)

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malos10 (64) 6 years ago

it is a error from their platform but i hope this is a sign that sbd will rise to that price!

a-a-a (-7)(1) 6 years ago

I will resteem your post to over 72,500 followers. Read my profile @a-a-a

$0.00

kofpato (60) 6 years ago

Thanks @yensesa

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yensesa (61) 6 years ago

welcome @kofpator

enforcer48 (68) 6 years ago

It feels like it's always HitBTC with all the sketchy stuff.

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yensesa (61) 6 years ago

@enforcer48... yeah that is really bad as we were using coincap api and lost money before we found out.

enforcer48 (68) 6 years ago

Hard lesson learned. Hopefully, that wasn't detrimental. Sorry for your losses.

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fredkese (69) 6 years ago

If it was an exchange, they would have lost lots of money by now.

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