Topic: Bit20 - The cryptocurrency index fund [ANN] (Read 13483 times)

if you want post about annoucment thread your coin
you can post in annocument altcoin section https://bitcointalk.org/index.php?board=159.0
in marketplaced altcoin i think only selling, bouny twitter campaign,facebook campaign , signature campaign, pay use altcoin

Today Bit20 is on the top fifty of our RoboAdvisor.
According to our robot's forecasts, Bit20 has an upside probability of 55.3% for the next month and an expected return of >+30% .
Soon we will offer the possibility to bet on the trend of this token.

today the coin came to cost 1.6 million dollar

lmao

Hi

New to the forum, sorry in advance if my questions had been answered already.

Would like to know

-if buying bitshares is the only way to purchase bit20 ?
-can I buy bitshares or Bit20 with GBP directly?
-can I purchase Bit20 at other exchanges?
-what will happen if bitcoin is out of the top 20 list one day?

Many thanks

Best regards
JGV

I am completely new to the crypto/blockchain environment. As a member of the general public looking to diversify can you explain "compare" to me bittwenty [BTWTY] and a new ICO that is about to launch, Crypto20?

Steemit is by bar the brightest social and blockchained-based platform out there. I would suggest anyone to have a look if you still don't know it.

As the blogs look much better and professionals on Steemit platform than forums, from now on, I will post the revisions and other Bit20 announcements there. I'll leave this forum open for questions, debate or any other kind of interactions.

Here is the link to the official Bit20 announcement Steemit channel: https://steemit.com/@estefantt

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Noticed that we have opened a telegram channel if you want to be closer to the Bit20 community

Telegran link : https://t.me/joinchat/BdGiiAyHOiLHs4oiHq

I remember having this conversation with you on the official Bit20 Telegram channel. I guess you had your answer. In case if it wasn't you I will gladly enter in these details again.

when you short the index asset bit20, are you trading on leverage or not? if so what is the multiplier? like the one at poloniex they have 2.5 leverage.
or is it just like you borrowed tokens and just sell it straight with no multiplier? thanks in advance 

Bit20 market has experienced a black swan event. After some investigation, we've finally managed to understand where the black swan came from. You'll find all the information about it in the Steemit blog we've just posted.

Before everybody get unnecessarily tense, if you are not an experimented trader, borrowing and selling Bit20, there is no change for you. You still can buy and sell Bit20 as you like.

https://steemit.com/bitshares/@estefantt/bit20-has-experienced-a-black-swan-what-is-it-what-caused-it-and-what-are-the-consequences

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Noticed that we have opened a telegram channel if you want to be closer to the Bit20 community

Telegran link : https://t.me/joinchat/BdGiiAyHOiLHs4oiHqV2Kg

https://s6.postimg.org/nohmmh7pd/Bit20.png

On the 21st day of every month, Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. Some coins appear in the index and others disappear. Some of them gain weight and other lose some of it. This new composition swap with the previous one without any disturbance of the index price.

We have run this operation yesterday. Here is the new composition of the Bit20 Index Fund:

BTC / 45802864660 USD / 10 % / 1.3729080571151 coins / 2782.75 USD
ETH / 21004746485 USD / 10 % / 16.993825805106 coins / 224.814585 USD
LTC / 2329412021 USD / 10 % / 85.431272535297 coins / 44.7196885 USD
ETC / 1488458592 USD / 10 % / 240.6244783362 coins / 15.87727035235 USD
DASH / 1386652697 USD / 9.6908906808352 % / 19.860450223695 coins / 186.419032726 USD
XEM / 1372267347 USD / 9.590355878893 % / 24030.020904655 coins / 0.1524741496 USD
MIOTA / 806183302 USD / 5.6341679970041 % / 7421.3523096666 coins / 0.290043 USD
XMR / 600317850 USD / 4.1954374521395 % / 39.545834399725 coins / 40.5314511 USD
STRAT / 512680669 USD / 3.5829680555235 % / 262.91802219672 coins / 5.2064083132 USD
BCC / 419175256 USD / 2.9294873841125 % / 16.090153636757 coins / 69.558 USD
VERI / 409717046 USD / 2.8633868534283 % / 5.2585441855467 coins / 208.032 USD
QTUM / 407485920 USD / 2.8477941976697 % / 136.17011840017 coins / 7.98992 USD
EOS / 400728396 USD / 2.8005679336608 % / 615.10047493905 coins / 1.739465 USD
ZEC / 371173836 USD / 2.5940201724948 % / 4.7612325628377 coins / 208.146733172 USD
ANS / 367054750 USD / 2.5652331429687 % / 133.5001160786 coins / 7.341095 USD
BTS / 353766437 USD / 2.4723651963701 % / 6934.062861147 coins / 0.1362198796 USD
STEEM / 326337322 USD / 2.2806715188457 % / 634.87244499065 coins / 1.37243538325 USD
WAVES / 321447500 USD / 2.2464980516515 % / 267.00023215721 coins / 3.214475 USD
ICN / 267928500 USD / 1.8724701645896 % / 267.00023215721 coins / 2.679285 USD
BCN / 262378844 USD / 1.8336853198129 % / 489017.8276222 coins / 0.0014325697 USD

The composition is sent in the BitShares Blockchain so the witnesses can read it and publish the price in the decentralised exchange. This system guarantees decentralisation and prevent any market manipulation. Here it is:
http://cryptofresh.com/u/bittwenty.feed

You will find on the website the composition with the updated price of each coin and the total value of the index

https://s6.postimg.org/q34zagzb5/bit20_rev_2017_07_a.png

Next, a glance at the state of the market since its creation on the BitShares Decentralised Exchange

https://s6.postimg.org/iofni3dfl/bit20_rev_2017_07_b.png

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For now a little more than 1 Bit20 is circulating, therefore you can count a market capitalisation of around 40,000$ at the moment. More coins will be created as traders short them in existence and the market grows.

Just ask anything you like in this Telegram channel : https://t.me/joinchat/BdGiiAyHOiLHs4oiHqV2Kg

Coins are created by locking collateral (BTS) in the DEX of BitShares. Every Bit20 is fully backed by 200% of its value. Have a look here on how smartcoins works : https://bitshares.org/technology/price-stable-cryptocurrencies/

I have a telegram group if you want some fast communication

https://t.me/joinchat/BdGiiAyHOiLHs4oiHqV2Kg

What is the circulating supply of this coin now, and in the future ?

smart coins are created on bitshares when you borrow them using bts collateral, no ico, no premine, all smart coins are backed by bts via smart contracts

just like bitUSD and bitCNY

read about it on bts thread https://bitcointalksearch.org/topic/bts-bitshares-1-fastest-crypto-tokens-dex-icos-since-2014-unofficial-1949828

it's kinda what bancor wanted to do but has been working for years on bts, most blockchains are far ahead of eth lol

congrats on coinmarketcap add http://coinmarketcap.com/assets/bit20/

I'm not a lot of money coin people? Who will take it for such money? ;-)

Hello, please let me know.
Is there any distribution of these coins?
Some new coins are distributed in exchange for disclosure on Twitter and Facebook and et

 How can I get some info on the development team ?