We're 3/4 through Hertz's first cycle!

On wednesday 21st March 2018 (yesterday), the price feed for Hz was at $0.86 which is the first trough in production!

In the coming fortnight (2 weeks), the price feed will appreciate from $0.86 to $1.14, following the predictable sine wave oscillation:

Hertz updates

Hertz charts

@sc-steemit (BTS Witness: SC-OL) created an excellent real-time charting service for hertz, see:

Observations

The Hertz feed price (Hertz:USD) & Reference price (Produced by hertz algorithm) are lining up nicely, slight deviations are noticable though - the price feeds are being worked on my multiple developers now, they will continue to improve. These slight deviations could be caused by the volatility of BTS itself though.

Current market rates are all above the feed price.

Low supply - need more market participants to short Hertz!

Observations

The reference and feed price are lining up perfectly, to the point that it's difficult to see the reference line.

Market sell & latest are above feed price, with a large buy order now pulling the market buy down towards the feed price.

Low supply - need more market participants to short Hertz!

Observations

It's interesting to see the impact of the sine wave oscillation between the Hz and USD feed price.

Both USD & Hertz have been trading above their feed price, we need more shorters!

Want to know more?

Best regards,

@cm-steem