Price Labels in Quote Currency.

[litepresence]

PROBLEM

Market prices for BASE ASSETS are traditionally labeled in QUOTE CURRENCY ie. I want to buy a hammer at the hardware store:
Price is $12. I want to buy bitcoin in a centralized exchange usd market: Price is 3900.00 USD

The dex is labeled labeled (Base/Quote), so price for bitcoin market, priced in us dollars looks like: 3900 BTC / USD A price is mathematically calculated in the opposite (Quote/Base): 3900 USD / 1 BTC This creates some confusion.

SOLUTION

I think the ideal would be to list prices strictly in quote currency, so the price in btc/usd market would be simply

3900 USD

h/t @ Xelda https://t.me/BitSharesDEX/365921

[startailcoon]

I'm not really sure I fully understand the issue here.

Take for example the market of openBTC/bitUSD.

• We are trading openBTC for bitUSD (hence the openBTC/bitUSD tag)
• The Price is 4499 bitUSD (for 1 openBTC)
• The price is also clear at the Buy/Sell boxes, stating that the price is 4,499,99843 bitUSD per openBTC.

[litepresence]

here for example, we would like to see 4,499.99843 bitUSD and anyplace else that a price is labeled; confirmation windows, activity window, etc. if labeling the market: Label with the pair.
if labeling a price: Label with the quote currency.

[startailcoon]

The price of a trade in the activity list is inversable. Click on the underlined text to invert the price.

[litepresence]

I get that it can be inverted. But whatever it is inverted to... the price label should be the quote currency not the market pair