Wallet Page Estimated Dollar Value is 36.64% higher than Bittrex Trade Value ATM

in #steem8 years ago

Title says it all. Why is this consistently true (real value not properly updated in a timely manner), am I missing something?

Sort:  

I think it's worthwhile to try to figure out why this post hasn't gotten more upvotes. It seems to me as if it should be a relatively high earner. The author made an observation, in this case a bug. The reply section clearly validates the bug and yet it has very few upvotes and very few dollars earned.

Bugs aren't good or bad, they are just bugs. Bugs need to be fixed, but before they can be fixed we must be made aware. @abit did a great job of validating and documenting the issue, but this author only earned $1.44 as of my post. It just seems like a much more valuable post to me.

@abit Nailed it, so I upvoted them immediately. Not much weight to get them some $$ for it though. Thanks for filing the bug report, didn't realize they had a github repo.

https://steemit.com/active/steemit-issues
https://steemit.com/active/steem-issues

He's actually doing pretty good at $1.43 for a bug report. ;)

A growing trend on Steemit is for the original bug report to draw no attention, then months later someone else report the same issue and get rewarded. We even joked about it on Slack a while back and came up with the idea to mine old bug reports that went unnoticed for profit. :)

The price used to estimate the value of tokens in your wallet, is likely based on an algorithm called "last one-week median". If the median price is higher than current trade price, it probably means a down-trending. The one-week median is also used when converting Steem Dollar to Steem.

It's been WAAAY over 1 week since STEEM was worth this much though, I follow the major markets all day / every day with my app "DFD Cryptocoin Values" (it's a plublic release, you can google it). Something isn't getting the median correctly at all here.

You're right. It's a bug.
By the way, according to https://steemd.com/fales (scroll to the end), current median price is 0.255.

Oh, so I guess it's a steemit bug and not a network bug. Any place where one can file bug reports for steemit?

I filed it and referenced this thread. https://github.com/steemit/steemit.com/issues/27

The API changed and the code had a hard-coded value. On the next release: It will pickup the price_feed in the new location, if it ever breaks again $NaN will be displayed for the Estimated Value (instead of an incorrect value).

Here are my notes this might be useful. I was looking at the @steem account:

Steem = account.balance
"9452.333 STEEM"

Steem_Power = info.total_vesting_fund_steem * (account.vesting_shares / info.total_vesting_shares);
2859.4046022886205 = 78407993.384 * (15636871.956265 / 428780086564.8627)


.35
Estimated_Value = (Steem_Power + Steem) * price_per_steem

I see estimate value as $x dollar. Is this in USD or steem dollar? I am really confuse..

Estimated USD value.

Coin Marketplace

STEEM 0.24
TRX 0.11
JST 0.029
BTC 69360.20
ETH 3674.62
USDT 1.00
SBD 3.24