Latch, there appears to be just 2 exchanges that trade GRE, Coinexchange.io and Yobit.net, which appears to be a Russian site. 90% of the volume is on Coinexchange and the bid/ask spread on Yobit is currently crazy wide. I think the prices Phil quotes are the average of the two exchanges and the Yobit price is the midpoint between the reasonable bid and the insanely high ask, so not real. Any fluctuation seems to be based on whatever crazy ask is current on Yobit.
December 12th, 2017 at 2:08 pm
Latch, there appears to be just 2 exchanges that trade GRE, Coinexchange.io and Yobit.net, which appears to be a Russian site. 90% of the volume is on Coinexchange and the bid/ask spread on Yobit is currently crazy wide. I think the prices Phil quotes are the average of the two exchanges and the Yobit price is the midpoint between the reasonable bid and the insanely high ask, so not real. Any fluctuation seems to be based on whatever crazy ask is current on Yobit.