Read on Twitter
1 - This is my 1st thread on Twitter about the Crypto World; I hope it can shed some light on one issue i have been following upclose
It´s not my intention to thrash anyones job nor say someone is better or worse
Au contraire: is just a wakeup call so to speak… Hope it works
It´s not my intention to thrash anyones job nor say someone is better or worse
Au contraire: is just a wakeup call so to speak… Hope it works
2 – I was 1 of those loonies 2 Congratulate @flareftso 4 their platform n the amazing link they have with @LiveCoinWatch but, some digging I came across something a bit disturbing
LiveCoinWatch has, let´s say, “incorrect” prices 4 coins which can lead 2 people being misinformed.
LiveCoinWatch has, let´s say, “incorrect” prices 4 coins which can lead 2 people being misinformed.
3 – I will explain this, so that anyone can really see the picture here, and even @flareftso can reach out @LiveCoinWatch and get some changes, who knows.
To be honest I really love the whole ensemble of LCW. It´s so complete but with “possible” wrong prices for coins, come on…
To be honest I really love the whole ensemble of LCW. It´s so complete but with “possible” wrong prices for coins, come on…
4 – When you head over to @flareftso site you get the FLR, XRP, BTR, ADA and LTC prices for each of them, and when you click on one, it directs you to @LiveCoinWatch as mentioned above…
So far, so excellent… Beautiful… Awesome layout really… Kudos
So far, so excellent… Beautiful… Awesome layout really… Kudos
5 – If you compare the price, of $FLR, which is being provided by @Bitrue, because no one else is selling $FLR(IOUs), you will see there is a difference in the price between the FLAREFTSO site and LCW site
$XFLR(IOUs) are on @Poloniex so don´t mix the prices in your head please
$XFLR(IOUs) are on @Poloniex so don´t mix the prices in your head please
6 – Let´s go to $XRP, and u see the exact same issue: LCW price different from CMC, CG n TV… Again FLAREFTSO being misleaded by bad intel?
Well, I think so but not on purpose I assume
DYOR in real time
Yes @Ripple is being sued by @SEC_Enforcement but let us not be distracted
Well, I think so but not on purpose I assume
DYOR in real time
Yes @Ripple is being sued by @SEC_Enforcement but let us not be distracted
7 - On CMC n CG n TV, the most used tool around the World, prices match with each other so I assume that LCW doesn´t provide good intel, meaning FLAREFTSO is not providing also good intel…
Not FLAREFTSO fault here… you can see that right?
Not FLAREFTSO fault here… you can see that right?
I´m not even trying to condemn LiveCoinWatch here… I am not an executioner and even if I was, again, I really like LCW layout better than CMC or CG to be honest…
More info IMO right in your face without so many click here and there…
More info IMO right in your face without so many click here and there…
8 – $BTR: This one comes from Bitrue, no way there is a signal provider in the middle n we can see the price is, again, wrong, between LCW and FLAREFTSO
Oh no, wait, that one is right. So what is happening here? $FLR from Bitrue does not match LCW but $BTR matches? Moving on...
Oh no, wait, that one is right. So what is happening here? $FLR from Bitrue does not match LCW but $BTR matches? Moving on...
9 – ADA now: well this one I don´t know what to say because it is actually, right!
But on CMC and CG it show some slight differences… That´s ok… We can live with that I guess…
But on CMC and CG it show some slight differences… That´s ok… We can live with that I guess…
10 – And last, LTC: well here we go again… 253 like FLAREFTSO states according to LCW but… Drum roll please… There is a 6 usd difference here… That´s not cool right? So, who do we trust in this case?
Don´t trust me and don´t follow me… I don´t know where i´m going
Don´t trust me and don´t follow me… I don´t know where i´m going
11 – I know every Site, Exs n Sig Provs, prices differ between every one of them. It´s normal…
But 2 see such big differences in prices can mislead Retail n Institutions (I don´t care much for this last ones), when it comes to investments on the Crypto World.
Do you agree?
But 2 see such big differences in prices can mislead Retail n Institutions (I don´t care much for this last ones), when it comes to investments on the Crypto World.
Do you agree?
12 – IMO, @LiveCoinWatch, @CoinMarketCap, @coingecko and some not mentioned here should thrive to be has accurate as possible and provide better information when it comes to these Crypto prices so that the Retail can always have better and reliable info…
Ok, Institutions also…
Ok, Institutions also…
Let´s be honest: everyone uses @tradingview to do Technical Analysis around the World, right?
So why not just link those prices directly to their sites and avoid these price differences…
So why not just link those prices directly to their sites and avoid these price differences…
13 – Again IMO, @flareftso, @TOWOLabs, @ftso_eu, @ftso_uk, @ftso_us, @scandinodes, etc, should consider getting price feedbacks to be accurate as possible because these price differences can influence deeply when the @FlareNetwork is alive n @FlareFinance is ready for the World…
And my guess is, we cannot afford to rely on bad intel, right? I know the prices are averaged but even that can be troublesome like in the $LTC case mentioned above… $6 difference? Wow
14 – To finalize this thread, I really wish that all those Sites, Exs n Sig Provs would get their act together and hand out more accurate information but that´s like asking $FLR to be 589, $XRP 589, $ADA 589, $BTR n $LTC also 589
Let me buy these last two first before that… lol
Let me buy these last two first before that… lol
No arm intended here to any Company tagged in this thread… Just raising awareness to all the Loonies like me that linger in the Crypto World… and clearly have nothing better to do…
Off to focus on the @FlareFinance Beta Reboot now…
Off to focus on the @FlareFinance Beta Reboot now…
