i know, also cryptocoincharts. The thing is, I want to provide raw data so people can play with it> change scale, zoom, change unit, compute metrics (volatility) etc .
I recognized that when it happened and almost the complete volume was from poloniex and the price was at $0.98 at that time.
It just looks strange.
As I have no idea how CMC’s algorithm to determine the price works, I remain wondering…
It was false, I was looking at that when it happened and comparing last trades to market orders. The way I would prove someone wrong who said we were at a $0.98 price is by showing to them the buy support as compared to the last actual trade. The last trade was about 1% below the buy support, making our price 1% higher than what CMC was reporting and giving us a $0.99 price (definitely acceptable by our standards). It would be cool to be able to report not just amount of buy support but also the offset of that buy support. However, I think that’s maybe a little too complicated. Suffice it to know that anyone who wanted to sell NBT during those hours could have done so at a $0.99 price.
Thats why i thought that an additional page on Nubits.com about the historical liquidity info would have a great impact on Nu’s marketing robustness. NuRedeem [Concept]