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December 12th, 2017 at 4:57 pm
Phil, Coinmarketcap may be "standard" but if you look behind the one price they quote, it is derived from two very thinly-traded markets, only one of which actually trades most of the tiny volume on GRE. The bid/ask spread on the other (Russian) exchange heavily affects the quoted "average" price and it is derived from the midpoint of a completely ridiculous bid/ask spread that varies all over the map. Coinexchange.io is the only real market for GRE and it has pretty much been flat. Coinmarketcap ought to base their price on the last trades in each exchange, but they apparently don't. You are always reality-based and to quote the Coinmarketcap price is just wrong and misleading to people. Better to use this site: https://www.worldcoinindex.com/coin/greencoin which doesn't include the bogus exchange YoBit.