CoinChoose - alternative site to show respective profitability of the alt coins - page 75.

Joerii

legendary

Activity: 1274

Merit: 1050

Quote from: luffy on May 06, 2013, 12:50:01 PM

i think the profitability based upon the last trade is misleading due to low volumes.
I would suggest a mean term of the last (5?)
buy orders in order to be in the safe side Wink

THIS !

I made a bad call by trying to take advantage of the price difference of CNC on Bter and BTC-e. I thought I could offload a few K's and make a quick 10% profit, then I noticed the volume was almost nothing. Lost 25% Facepalm.

Never overestimate volume, especially with coins in which interest is waning.

FloridaBear

full member

Activity: 260

Merit: 100

Hey sal, thanks for this site. Donation sent!

sal002

hero member

Activity: 490

Merit: 500

Quote from: MrWizard on May 06, 2013, 02:04:38 PM

Which coin I mine does not depend on the last trade. It is which price I can get in the future that matters. That is why you should keep the bid price as the basis of profitability.

I will - just wondering if I should look at volume. That being said, not all exchange APIs give the full volume info - or more trades, so might be a bit tricky.

MrWizard

sr. member

Activity: 252

Merit: 250

Quote from: sal002 on May 06, 2013, 01:58:49 PM

Quote from: luffy on May 06, 2013, 12:50:01 PM

i think the profitability based upon the last trade is misleading due to low volumes.
I would suggest a mean term of the last (5?)
buy orders in order to be in the safe side Wink

It is the current open trades not last trades, but I could average together open trades as well.

Which coin I mine does not depend on the last trade. It is which price I can get in the future that matters. That is why you should keep the bid price as the basis of profitability.

sal002

hero member

Activity: 490

Merit: 500

Quote from: luffy on May 06, 2013, 12:50:01 PM

i think the profitability based upon the last trade is misleading due to low volumes.
I would suggest a mean term of the last (5?)
buy orders in order to be in the safe side Wink

It is the current open trades not last trades, but I could average together open trades as well.

Kryptox

member

Activity: 98

Merit: 10

Nice job!

Would be nice to have "Next Difficulty" alongside the current difficulty. Would probably be quite simple.

luffy

hero member

Activity: 607

Merit: 500

i think the profitability based upon the last trade is misleading due to low volumes.
I would suggest a mean term of the last (5?)
buy orders in order to be in the safe side Wink

sal002

hero member

Activity: 490

Merit: 500

Huh? I care and just fixed. Sorry - missed your earlier post - when I added NVC back I mistakenly removed the BTCe update for CNC - it is now fixed.

Taxidermista

legendary

Activity: 1148

Merit: 1001

Again: CNC quote from BTC-E is wrong. It's obvious nobody cares.

sal002

hero member

Activity: 490

Merit: 500

Quote from: luffy on May 06, 2013, 09:57:11 AM

can you please share the BTC profitability formula?

Not too difficulty to derive - basically comparison of difficulty with BTC's difficulty (adjusted if scrypt), then look at price to convert into BTC. So bTC is the base.

luffy

hero member

Activity: 607

Merit: 500

can you please share the BTC profitability formula?

ryantc

sr. member

Activity: 329

Merit: 250

Bitcoin may be the TCP/IP of money.

very nice and comprehensive Cheesy

Taxidermista

legendary

Activity: 1148

Merit: 1001

The CNC price quote from BTC-E is wrong.

sal002

hero member

Activity: 490

Merit: 500

I just tried adding it and the blockexplorer I was using reported an extremely low difficulty (less than 1)....

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: phrozenspite on May 06, 2013, 08:25:48 AM

awesome thanks for adding NVC, now we have them all in one spot. There were a couple of days before the recent round of alts when it was the most profitable coin

+1 sal002 great work on the site ! i will forward this to people .

phrozenspite

sr. member

Activity: 266

Merit: 250

awesome thanks for adding NVC, now we have them all in one spot. There were a couple of days before the recent round of alts when it was the most profitable coin

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: sal002 on May 06, 2013, 07:55:46 AM

I could add NVC - is it still alive?

To me - if an exchange with an API still handles it - it is not a dead coin. Once it gets dropped from the exchanges, then it is dead.

As said it's on BTC-e and trades at near LTC price ! : o ? - i have to keep going back to dustcoin to see it but.

Taxidermista

legendary

Activity: 1148

Merit: 1001

Quote from: Guru01 on May 04, 2013, 05:42:42 PM

+1 for Bitbar but it need an exchange first

Yeah, and a network.

gyverlb

hero member

Activity: 896

Merit: 1000

Quote from: sal002 on May 06, 2013, 07:55:46 AM

Quote from: digitalindustry on May 06, 2013, 07:41:14 AM

Now use your site over dustcoin, looks very nice ,

can you add NVC please?

sorry if it has been mentioned.

also i'd suggest trimming dead coins as they die,( you can keep your Advert that way) it looks kind of like that's what's happening with CNC at least price wise.

i'd suggest dropping the dead SHA-256 coins ASICS doom all but the meaningful ones.

but hey who knows? I'm not a hater, full love to all Crypts !

I could add NVC - is it still alive?

To me - if an exchange with an API still handles it - it is not a dead coin. Once it gets dropped from the exchanges, then it is dead.

Novacoin is traded on btc-e.com

sal002

hero member

Activity: 490

Merit: 500

Quote from: digitalindustry on May 06, 2013, 07:41:14 AM

Now use your site over dustcoin, looks very nice ,

can you add NVC please?

sorry if it has been mentioned.

also i'd suggest trimming dead coins as they die,( you can keep your Advert that way) it looks kind of like that's what's happening with CNC at least price wise.

i'd suggest dropping the dead SHA-256 coins ASICS doom all but the meaningful ones.

but hey who knows? I'm not a hater, full love to all Crypts !

I could add NVC - is it still alive?

To me - if an exchange with an API still handles it - it is not a dead coin. Once it gets dropped from the exchanges, then it is dead.

Topic: CoinChoose - alternative site to show respective profitability of the alt coins - page 75. (Read 150621 times)