HBD price feed by Coingecko has gotten RIDICULOUS - and there is an easy solution

kerrislravenhill last year

A wtf moment alright. And that's what I did. Checking the Internal market which seems to be the better indicator by volume.

0.56 VYB

ecoinstant last year

Honestly its the only indicator at this moment, bittrex is down and upbit has practically no volume and no liquidity. We can fix this, and I'm willing to shout in public until we do.

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asgarth last year

Small update for PeakD, live now:

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ecoinstant last year

This is better!

But I don't understand why the one with 43 dollars of volume is displayed prominantly? And the 21,000 dollar plus volume is a side note? Its not just volume, bittrex is closed amd getting sued, nobody can deposit or withdraw.

Get rid of coingecko all together there, IMO

leonordomonol last year

Thank you for this update! How were you able to parse the HBD price directly from the internal market? Is there some sort of API that I'm just not seeing in the docs?

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asgarth last year

Yep, this one: https://developers.hive.io/apidefinitions/#market_history_api.get_ticker

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fonestreet last year

Someone need to Say it!!

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sketchygamerguy last year

I've fallen into this trap as well!!!

Thank you for continuing the good fight in defending HBD's honor.

0.57 VYB

ecoinstant last year

jongolson last year

Just for the record, we haven't owned HivePay for about 6 months now. That's now owned by @hashkings since.

0.54 VYB

ecoinstant last year

Ah Jongo thank you for tagging them, I have found the correct api's and edited the post to show it, so this should be an easy fix!

deeanndmathews last year

Now this is what I call getting the problem understood and letting the people who need to know KNOW exactly what must be done!

0.49 VYB

thelogicaldude last year

It's good that the internal exchange keeps it's peg. It was a bit confusing when I started trading it because I would be looking at the CG value, but it all ended up working out in the wash. I have been using the Ecency exchange lately and it works great.

0.51 VYB

phoenixwren last year

AHA thank you for this. I apparently missed your post about it before and I've been sitting here wondering WTF was going on with the price flux on Peakd. I knew they used Coin Gecko but I didn't know about the disparity in volume! 😮
You are appreciated! !LUV

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ecoinstant last year

I wasn't aware of how crazy low it had gotten until I looked into it again - thank you so much for the appreciation! 🤗

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luvshares last year

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edgerik last year

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lesmann last year

Thanks for the info!
I was also unaware...

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hivebuzz last year

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infinitoxxx last year

I too think it's ridiculous what is happening with HBD
at least there should be an exchange that trades with ustd-HBD according to me 😊

0.48 VYB

ecoinstant last year

I agree, its a tricky problem but one that I am trying to help work on.

For the moment, are you aware of the BUSD:HBD pair on Hive-Engine?
https://beeswap.dcity.io/swap?input=SWAP.BUSD&output=SWAP.HBD

infinitoxxx last year

It's not the same I want to trade normal😫😫😫😫😫
It is still a good alternative

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imfarhad last year

interesting read, thank you for sharing this. I too was wondering how HBD went from 91 cents to 1.05 cents. Initially i thought that there was a rate correction done internally on Hive, but i was wrong.
!ALIVE

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youarealive last year

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enginewitty last year

Aren't the operators of #peakd witnesses? Surely, they can ping more than just CG to get a more accurate price. It is kind of shameful - especially since they're top 20.

0.49 VYB

3 votes

ecoinstant last year

I got their attention! I think this one will get fixed!

jfang003 last year

It sucks to see HBD fluctuate so much. It does work well for me because I have been converting HBD into Splinterlands credits. With HBD being above the peg, it's at a discount but I do think that there needs to be a better price protocol.

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5 votes

ecoinstant last year

It is not above peg.

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jfang003 last year

By above, I meant the coingecko price. It looks like Splinterlands uses it. So I was able to get 50k credits ($50) for like 47.5 HBD.

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ecoinstant last year

Oh my gosh what an embarassment @yabapmatt please read this post

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edicted last year

I mean what we really need is a real exchange listing :D

It looks like you haven't tagged @crimsonclad.
This topic may be within her area of expertise.
Would be very interested in her opinion.

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ecoinstant last year

I'm totally working hard on it. Excellent tag - thank you!

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pouchon last year

This is an eye opener. I hope by the end of this year #HBD finds its merit. Glad you put fire where it is needed.
I know it will be fix accordingly.
Keep it going!

0.46 VYB

bala41288 last year

Thankfully in Muterra we are not using the price of HBD from Coingecko. We are considering it to always be 1 $ as the pegging works well. But good to use the internal API in the future if we need the precise price.

0.52 VYB

ecoinstant last year

And this isn't even that bad of an assumption, the HBD stabilizer has been working really well!

Thanks for the support - good to know that not everybody is doing it wrong.

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3 votes

crimsonclad last year

We already have a full custom made API for Coingecko to their proprietary specs already created and fully functional, and have gone through a number of form submissions, as well as requests for them to start tracking some of our internal market frontend (like Mahdi and others' interfaces), all of which have been rejected at least once or more. The Coingecko submission process, in a word, sucks. There are no reps, no actionable feedback provided with any rejections, and cascading tiers of forms and info all needing completion and minimum submission waiting times all complicating the matter. I've got pages, and pages, and pages of work and stats and sheets done in anticipation of finally closing the book on this as well as getting a better spread of our own interfaces listed there.

A great example from the past few weeks was that our CG page had a malicious Discord link on it, and despite me submitting multiple times from the actual hive.io url, my form requests to correct were rejected until I went into their telegram and discord and caused a public disturbance. It took more than 2 weeks to change the Discord link on their site to match the one on hive.io, even after they were informed and well aware of a phishing danger AND at least one known user was compromised wholly.

Long story short, the great service and personable team behind the scrappy upstart Coingecko is long gone, replaced with an awful, inefficient automated Google form hell that I'm slowly untangling and working around 👍

It would be very smart of our interfaces to use internal feeds or witness calculations rather than rely on CG for HBD, so hopefully SPL and Peakd change that. If you do believe you have any viable listing options we're not already working on, feel free to let me know, as most of the final work in this area ends up with me at the end of the day and I've got most of the documentation and negotiations pre-prepared. I'm happy to help.

TL:DR; these changes as well as a custom made api for CG already submitted, this should fixed when they finally work through and accept all the submissions we have provided them.

2.65 VYB

dalz last year

cc @awesomianist
He is a coingecko rep with a hive account

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3 votes

gadrian last year

He still seems sort of active too. But is he still at CG?

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crimsonclad last year

Yes, he is. The last time he asked me here on chain to message him on telegram, I was once again pushed back to the forms. He is also one of the main telegram moderators and despite me pinging him directly repeatedly during the whole fiasco, it was an entirely different person who answered me over course of three days. So he's done a pretty good job of separating out his 'personal' and his CG lives so far.

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dalz last year

There is no hope :)

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ecoinstant last year

Awesome response Crim.

Yes I will keep shouting at peakd, hivepay, splinterlands amd whoever else comes up.

Yes I will reach out to you on Discord to talk about listings.

Terrible about the CG stuff. I have fought things like this before, namely my dappradar saga. Usually making disturbance helps, but its tiring for sure.

Thank you captain 🧙‍♂️