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The “New” Greysheet – Significant Contradiction?
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<p>[QUOTE="GDJMSP, post: 2254799, member: 112"]I think the answer to your question is probably in this sentence - </p><p><br /></p><p><br /></p><p><br /></p><p>In other words the editors of CDN decided that the value for that coin at this point in time should be what the current CAC bid is for that coin.</p><p><br /></p><p>Now could you read more than that into it ? Yeah, I suppose you could. But you could also read it as being just that simple.</p><p><br /></p><p>What I find interesting though is what we discussed on the forum about CDN a few months ago. That being that the company was going to be changing things. And rather obviously they have.</p><p><br /></p><p>The bottom paragraph of the screenshot below explains what the CDN values have always been based on since the company's inception. The source of the values in other words.</p><p><br /></p><p>[ATTACH=full]446676[/ATTACH] </p><p><br /></p><p><br /></p><p>And if you read that paragraph it is obviously quite different from what the values are currently being based on. For decades the values were based on a strict hard number, an objective number - the current highest Bid and the lowest Ask taken from the nationwide electronic dealer networks.</p><p><br /></p><p>Now, in their own words, they are - </p><p><br /></p><p><i>Prices reported are derived based on the expertise of the editors of this publication.</i></p><p><br /></p><p>And that is a purely subjective number. A night and day difference from what it used to be.</p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2254799, member: 112"]I think the answer to your question is probably in this sentence - In other words the editors of CDN decided that the value for that coin at this point in time should be what the current CAC bid is for that coin. Now could you read more than that into it ? Yeah, I suppose you could. But you could also read it as being just that simple. What I find interesting though is what we discussed on the forum about CDN a few months ago. That being that the company was going to be changing things. And rather obviously they have. The bottom paragraph of the screenshot below explains what the CDN values have always been based on since the company's inception. The source of the values in other words. [ATTACH=full]446676[/ATTACH] And if you read that paragraph it is obviously quite different from what the values are currently being based on. For decades the values were based on a strict hard number, an objective number - the current highest Bid and the lowest Ask taken from the nationwide electronic dealer networks. Now, in their own words, they are - [I]Prices reported are derived based on the expertise of the editors of this publication.[/I] [I][/I] And that is a purely subjective number. A night and day difference from what it used to be. [I][/I][/QUOTE]
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The “New” Greysheet – Significant Contradiction?
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