Topic: Bullish Percent Index for cryptos - page 5. (Read 12194 times)
Cloak coin
i wonder why nxt is still such a low market cap when there seems to be alot of support for it.
whale dumping
also seems that lots of capital got sucked into ethereum frenzy
Yes, a few stakeholders are cashing out a part (can't blame them), it had to happen at some time. After that being done; better distribution.
i wonder why nxt is still such a low market cap when there seems to be alot of support for it.
whale dumping
also seems that lots of capital got sucked into ethereum frenzy
NXT!
i wonder why nxt is still such a low market cap when there seems to be alot of support for it.
I would like to suggest DNotes (NOTE) for inclusion.
Right, NOTE is a must. Maybe FLDC too. I'd be glad to vote for my friends coins: FLDC & VNL.
I would like to suggest DNotes (NOTE) for inclusion.
Oh my fucking god! You forgot Leo! The one coin to rule them all!
Crypti (XCR) added.
I will talk with Joe200 on how to make this as efficient as possible.
BPI is a slow indicator so we need as much as possible the list to be relatively stable.
I would like not to have to change it for at least 6 months, preferably 1 year.
Maybe if Joe200 can tweak a bit his formula and with feedback from here we can finally (as a community) pick with success 15 out of 20 coins that are here to stay, and only need to edit about 5 of them every year.
Of course if the sector gets 'real', nothing wrong on having 100 powerful coins in our list and get better signals too (I hope Bitcoin maximalists don't start throwing stones at me)!
I will talk with Joe200 on how to make this as efficient as possible.
BPI is a slow indicator so we need as much as possible the list to be relatively stable.
I would like not to have to change it for at least 6 months, preferably 1 year.
Maybe if Joe200 can tweak a bit his formula and with feedback from here we can finally (as a community) pick with success 15 out of 20 coins that are here to stay, and only need to edit about 5 of them every year.
Of course if the sector gets 'real', nothing wrong on having 100 powerful coins in our list and get better signals too (I hope Bitcoin maximalists don't start throwing stones at me)!
Please add Crypti (XCR) to the poll. Crypti is a Delegated Proof of Stake coin with decentralized applications (dapps) and dapp store. The dapps will be released in the next couple of weeks. Information is at https://bitcointalksearch.org/topic/xcr-crypti-dapps-sidechains-dapp-store-open-source-100-own-code-dpos-654463 and crypti.me
Thanks.
Thanks.
This can't be avoided unfortunately (if true) - but I think it is not critical for the purpose of the project.
After all, Ethereum have to be added anyway (for various reasons).
Problem is with draws at the bottom of the 20 coins - maybe I will have to make a new poll with them. We will see...
After all, Ethereum have to be added anyway (for various reasons).
Problem is with draws at the bottom of the 20 coins - maybe I will have to make a new poll with them. We will see...
make an nxt poll
but that would be biased towards nxt then 
Hey Androklis,
please add Crypti (XCR). We are an alternative to Ethereum, but with a nice user interface and one-click-clients.
You can see a preview of our decentralized applications platform here: https://www.youtube.com/watch?v=O9o5X4xHJnc
Our website (http://crypti.me) gives you more information if necessary.
please add Crypti (XCR). We are an alternative to Ethereum, but with a nice user interface and one-click-clients.
You can see a preview of our decentralized applications platform here: https://www.youtube.com/watch?v=O9o5X4xHJnc
Our website (http://crypti.me) gives you more information if necessary.
LTC Litecoin I would advise against
It comes soon the block halving
believe in 2 weeks
believe in 2 weeks
but that will be no longer rise
there is nothing behind this coin
No developer or something
why is this coin have no future
It comes soon the block halving
believe in 2 weeks
believe in 2 weeks
but that will be no longer rise
there is nothing behind this coin
No developer or something
why is this coin have no future
I would say in the near future
should NXT and cloakcoin
be a good investment
should NXT and cloakcoin
be a good investment
XEM
ETH
GMC
ETH
GMC
The ultimate poll is trading volume.
I get what you are saying about not missing forgotten coins. A poll will not help with that because a new coin can become important after the poll closes. You basically have to update your list of coins every now and then. Running polls all the time is cumbersome and not accurate. Looking at the volume is a lot easier.
Having an index with a list of coins that's changing might seem tricky but it's really not. All the stock indices are made from lists that are changing over time too. Basically, you can calculate the daily percent change for each coin on the list, then average that across coins. That should keep your index continuous even as you swap coins in and out of the list.
An important issue in developing my list was how I calculated the volume. All the websites I could find, and the ones you mention, just give one day volume. That's worthless. Lots of shit coins can have a huge volume day. Lots of better coins can have a low volume day, because, after all, the alt coin market is not that liquid. One day volume is meaningless.
What I do is look at volume over the past month. The exact period does not matter. What matters is that you have to take more than one day into account.
My list does not have a preset number of coins. I did not set out to make a list of 10 coins. I set out to make a list of coins with a daily volume of $10k or more. Right now, that happens to be 10 coins. Tomorrow, it could be more or less. If a low volume coin starts gaining volume, you can add it to your list. So I don't have a "top 20".
When I last updated my list, which was a couple of weeks ago, ANC had a volume of $23,700 per day. Yes, it's pretty low, but my cutoff of $10k per day was low too.
I get what you are saying about not missing forgotten coins. A poll will not help with that because a new coin can become important after the poll closes. You basically have to update your list of coins every now and then. Running polls all the time is cumbersome and not accurate. Looking at the volume is a lot easier.
Having an index with a list of coins that's changing might seem tricky but it's really not. All the stock indices are made from lists that are changing over time too. Basically, you can calculate the daily percent change for each coin on the list, then average that across coins. That should keep your index continuous even as you swap coins in and out of the list.
An important issue in developing my list was how I calculated the volume. All the websites I could find, and the ones you mention, just give one day volume. That's worthless. Lots of shit coins can have a huge volume day. Lots of better coins can have a low volume day, because, after all, the alt coin market is not that liquid. One day volume is meaningless.
What I do is look at volume over the past month. The exact period does not matter. What matters is that you have to take more than one day into account.
My list does not have a preset number of coins. I did not set out to make a list of 10 coins. I set out to make a list of coins with a daily volume of $10k or more. Right now, that happens to be 10 coins. Tomorrow, it could be more or less. If a low volume coin starts gaining volume, you can add it to your list. So I don't have a "top 20".
When I last updated my list, which was a couple of weeks ago, ANC had a volume of $23,700 per day. Yes, it's pretty low, but my cutoff of $10k per day was low too.
CLOAK
CLOAK
CLOAK
I don't care about the others, cloak is the winning team
CLOAK
CLOAK
I don't care about the others, cloak is the winning team
Just pick them by Trading Volume.
I completely agree. That's actually what I do here: https://bitcointalksearch.org/topic/the-cryptocurrency-short-list-927144
Right now, there are actually only 10 coins with decent volume. BTC, LTC, DASH, DOGE, POT, NMC, BTS, ANC, XMR, XRP. You should forget the voting, and just go with these coins.
(My post is actually unnecessarily complicated. I look at 2 factors -- coins that are not too new, and coins with decent volume. However, I could have just looked at coins with decent volume. All of them are not too new.)
I think it is very probable to use your analysis but maybe run the poll anyway so we have some second thought on newcomers (like ETH).
Just pick them by Trading Volume.
I completely agree. That's actually what I do here: https://bitcointalksearch.org/topic/the-cryptocurrency-short-list-927144
Right now, there are actually only 10 coins with decent volume. BTC, LTC, DASH, DOGE, POT, NMC, BTS, ANC, XMR, XRP. You should forget the voting, and just go with these coins.
(My post is actually unnecessarily complicated. I look at 2 factors -- coins that are not too new, and coins with decent volume. However, I could have just looked at coins with decent volume. All of them are not too new.)
Problem is there are 'forgotten' coins who suddenly awake and I want to be a bit flexible to include some more coins in the list so I can catch them too.
For example you mention ANC which is an old one but it's volume (on the two sites I mentioned above) sucks - should I include it or not? This poll will help a bit.
I already have my 10-15 top picks, I just wanna give people & the market a chance to be heard some more so maybe I can be more objective on my picks...
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