Topic: Coin rankings based on price change (Read 270 times)
where are you getting your metrics from? probably from the established one which is prone to manipulations. So, it is a red flag for someone to trade base on dump and pump, this might lead to lost of fund to newbies if they entirely rely on this without checking what warrant the behaviour of price movement. Beside, most coin analyse have this tools that can be sorted based on user's need be it in hours, day, weekly, monthly and yearly. While going through the stress of creating new one. You need to consider user's adoption. You must do different thing or add another features that are lacking from the existing one.
I recommend providing a feature that allows us to filter by exchange quality and volume too.
e.g.
1. Remove all coins listed on exchanges known to perform wash trading
2. Remove all coins with less than $100k, $1m, $10m in daily trade volume
3. Remove all coins that experienced X% change in volume in the past X time period.
This should allow users to filter out the pump and dumps and risky coins.
e.g.
1. Remove all coins listed on exchanges known to perform wash trading
2. Remove all coins with less than $100k, $1m, $10m in daily trade volume
3. Remove all coins that experienced X% change in volume in the past X time period.
This should allow users to filter out the pump and dumps and risky coins.
You are not far away. The rating is still based on market capacity, which can be manipulated by many currencies to show the quality of projects.
I hope there will be a rigorous reviews by the developers about the addition of the currency and then make the summaries.
Adding more than one standard will make your site unique and not duplicate existing ideas.
I hope there will be a rigorous reviews by the developers about the addition of the currency and then make the summaries.
Adding more than one standard will make your site unique and not duplicate existing ideas.
I really appreciate the feedback. I will consider adding in more social features once I build a framework around this. I developed most of the code from scratch as most of the work was to prototype my concept. I'll be able to use some of the social indicators to help improve the rankings as well.
Thanks!
You are not far away. The rating is still based on market capacity, which can be manipulated by many currencies to show the quality of projects.
I hope there will be a rigorous reviews by the developers about the addition of the currency and then make the summaries.
Adding more than one standard will make your site unique and not duplicate existing ideas.
I hope there will be a rigorous reviews by the developers about the addition of the currency and then make the summaries.
Adding more than one standard will make your site unique and not duplicate existing ideas.
Instead of displaying the top cryptocurrencies by marketcap, AltcoinDeals.io ranks and highlights cryptocurrencies by the biggest weekly and 24 hour price changes. We do not rank any coins outside of the top 500 by marketcap, but we do have data on over 2000 cryptocurrencies.
We emphasize price drops because that is where you can find good deals if you want to profit on these projects in the future. We go so far as to highlight price drops in green and gains in the color red.
--snip--
We emphasize price drops because that is where you can find good deals if you want to profit on these projects in the future. We go so far as to highlight price drops in green and gains in the color red.
--snip--
What IF:
- Value of at least 50-100 of the top 500 gets plunged and a change comes by bifurcation based on value change?
As yo said that you'll be providing the highlighted price gains in green and drops in red to share opportunities, what if the 500th crypto gets down to 600? Will it still be seen as an investment alternative on the site? What will it exactly reflect here rather than just sharing the data of these coins that we can find over exchanges itself? Will it share like for eg.; Arbitrage trades to give us a glimpse of a crypto that has got different rates on two or more exchanges?
I use https://www.worldcoinindex.com/ and it shows, among other classifications, also the ranking based on gain/loss percentage. And it does it in the coin of choice, whether it's USD, EUR, BTC or others.
So yeah, it's quite a common feature you're advertising, OP..
So yeah, it's quite a common feature you're advertising, OP..
I appreciate the comments so far, I'll take each and every one into consideration soon. I wanted to build a crypto-related site and thought this would be a neat concept to experiment with. I'll be refining it the more that people give suggestions and feedback.
I do put a disclaimer saying to do your own research in various places on the site. I'll try to label things more clearly as to not confuse people as well!
This is a really good point! I'll take a look at what type of things I could potentially do to detect this and build an algorithm to signal a warning flag and potentially omit them from the list.
Thanks!
I do put a disclaimer saying to do your own research in various places on the site. I'll try to label things more clearly as to not confuse people as well!
I now see the reason for 100 unit section for coin, this looks rowdy and cumbersome. Also did u consider price pump from shitty exchanges. This could be misleading if traders consider this and get on exchange with wash trade.
This is a really good point! I'll take a look at what type of things I could potentially do to detect this and build an algorithm to signal a warning flag and potentially omit them from the list.
Thanks!
I now see the reason for 100 unit section for coin, this looks rowdy and cumbersome. Also did u consider price pump from shitty exchanges. This could be misleading if traders consider this and get on exchange with wash trade.
If you click on "all" on coinmarketcap and wait for all coins to load you will have 3 options I believe and you can order coins by the daily change, weekly or 30 day change so your service is useless.
We emphasize price drops because that is where you can find good deals if you want to profit on these projects in the future. We go so far as to highlight price drops in green and gains in the color red.
then you can not call it a "coin ranking", you must instead call it "market analysis" and "my opinion of good investments". because that is what you are doing, you are releasing a biased opinion towards what is good to invest and what is not.
for example i completely disagree with this method. an alcoin that has fallen is NOT a "good deal" and should not be green. the drop in 99% cases indicates the pump was done and they were dumping the altcoin which also means the next pump will not come for many months if not more.
on the contrary when a coin is rising in most cases it indicates a pump going on and joining in can be more profitable.
Instead of displaying the top cryptocurrencies by marketcap, AltcoinDeals.io ranks and highlights cryptocurrencies by the biggest weekly and 24 hour price changes. We do not rank any coins outside of the top 500 by marketcap, but we do have data on over 2000 cryptocurrencies.
So basically another version of top gainers or top losers?
I think that feature is already available across many crypto ranking websites, why did you have to make a new one?
Btw I'm quite confused with your rankings. The top of the list is the one with the biggest negative price changes it seems? Because you put a "-" before the percentage. But the color is green, which is unusual, and the saving is positive.
Instead of displaying the top cryptocurrencies by marketcap, AltcoinDeals.io ranks and highlights cryptocurrencies by the biggest weekly and 24 hour price changes. We do not rank any coins outside of the top 500 by marketcap, but we do have data on over 2000 cryptocurrencies.
We emphasize price drops because that is where you can find good deals if you want to profit on these projects in the future. We go so far as to highlight price drops in green and gains in the color red.
Trading simulator is coming soon. Help wanted, PM if interested.
Link to project: https://www.altcoindeals.io
We emphasize price drops because that is where you can find good deals if you want to profit on these projects in the future. We go so far as to highlight price drops in green and gains in the color red.
Trading simulator is coming soon. Help wanted, PM if interested.
Link to project: https://www.altcoindeals.io
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