RE: Overinflated Value of Steem

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Overinflated Value of Steem

in steem •  8 years ago 

I think it uses the internal price which is a 1-week rolling average. So it will over-estimate when the price has decreased and under-estimate when it has increased in the last week.

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8 years ago by

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      ·  8 years ago 

    I see. Thank You. Still, I think that for something as volatile as a cryptocurrency, something more recent than a 1 week average should be used.

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