So what's the difference in the discrepancy between share rate

Question

So what's the difference in the discrepancy between share rate

and share price? For example some days share price was 500-1000 dollars different, but share rate may have only changed by 100.

#cryptocurrency #english #hex-crypto

0

09.01.2022

11 ответов

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Recovery Rider Автор вопроса

RSHex
Share price is simply share rate x price of HEX, t...

But my point was T-share price may change 1000 or more but share rate may only change 100 or so.

0

09.01.2022

RSHex

Recovery Rider
But my point was T-share price may change 1000 or ...

Let's use an example here, I've played with the numbers for ease of understanding, these aren't the real current numbers: - On Monday, it cost 20,000 HEX to get a Tshare, and the price of HEX was 20c - therefore the Tshare price was 20,000 x 0.20 = $4000 - On Tuesday, there was no change in the Tshare rate, so still 20,000 HEX, but the HEX price skyrocketed to 30c. Tshare price is now 20,000 x 0.30 = $6000 - On Wednesday, the Tshare rate climbed by 100 to 20,100 and the price was still 30c. Tshare price is now 20,100 x 0.30 = $6030

0

09.01.2022

Guoliang

RSHex
Let's use an example here, I've played with the nu...

+

0

09.01.2022

Combot

Guoliang
+

Guoliang (1794) has increased reputation of RSHex (92)

0

09.01.2022

Recovery Rider Автор вопроса

RSHex
Let's use an example here, I've played with the nu...

I understand the way you put it there. but didn't as to rate not changing with price increase or decrease.

0

09.01.2022

RSHex

Recovery Rider
I understand the way you put it there. but didn't ...

The T-share rate (in HEX terms) ONLY increases, almost every day

0

09.01.2022

Recovery Rider Автор вопроса

RSHex
The T-share rate (in HEX terms) ONLY increases, al...

Ok it was confusing between the 2.

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09.01.2022

RSHex

Recovery Rider
Ok it was confusing between the 2.

Yep, honestly I never look at the $ value of Tshare price because it's not that important. What really matters is the number of HEX required

0

09.01.2022

Recovery Rider Автор вопроса

RSHex
Yep, honestly I never look at the $ value of Tshar...

Yes that's the number I have always used, and even RH mentions price and it is confusing looking at rate.

0

09.01.2022

RSHex

Recovery Rider
Yes that's the number I have always used, and even...

Gets a bit complex if you're looking at price, unless you're looking at how much you need to buy to get that Tshare. Obviously you can get a Tshare for 1/3 of the price if you stake 10+ years though

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09.01.2022

RSHex · Accepted Answer

RSHex

Share price is simply share rate x price of HEX, therefore fluctuates quite a bit when the price of HEX fluctuates

0

09.01.2022

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So what's the difference in the discrepancy between share rate

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