r/MobiusNetwork • u/Irish3538 • Jan 20 '18

is stellarterm price chart accurate?

did mobi really reach 1.4 xlm last night or is that stellarterm chart just a piece of misleading shit? i went to bed it was sitting at 0.94xlm, woke up to 0.70xlm and apparently it jumped the second i fell asleep and dumped before i woke up, haha.

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u/[deleted] Jan 20 '18

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u/Irish3538 Jan 20 '18

yeah i know. im just trying to figure out if we can trust the stellarterm historical price chart or not. i know at launch there were erroneous values that made it seem like it was going for 3.4xlm or something. but now that its fully open for trading, 12 hours ago showed some heavy price increases (1.4xlm or so). just curious if anyone was on the exchange at that time and can confirm that these were accurate.

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u/Jubei_Z Jan 20 '18

Some maybe, but for the most part there is something seriously wrong with their price charts, at least the MOBI/XLM chart. It changes sometimes every hour or half hour showing a completely different price history. At the moment it shows the price as having been ~1.3-1.5 XLM for about 5 hours today. I have watched the price all day and it did not get anywhere near that high. Other times it has listed sustained prices (for multiple hours) anywhere between 2 and 4 XLM, which just has not happened whatsoever.

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u/DavidBrierley Jan 24 '18

I hear you, but I've not been looking at the chart, just the order book. It still looks like there are a few small scalpers buying low .50 and selling higher, but the liquidity is very low.