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Topic: [Contest][ALT] Best portfolio 2022 - page 2. (Read 2431 times)

legendary
Activity: 2604
Merit: 2353
November 16, 2022, 01:44:50 PM
I thought I could at best be #2 because of this, but I'm starting to think I may have the "best performing altcoin" in my selection Shocked I'm disappointed though, I wanted to lose this one, and I wanted Bitcoin to above all others.
I wonder if Gold or a stable coin pegged to Gold price would have beat your pick?
staff
Activity: 2408
Merit: 2021
I find your lack of faith in Bitcoin disturbing.
November 16, 2022, 08:53:06 AM
So DarkStar_ will be at -$1000 Cheesy

Technically yes he will be at -$1000. DS_ will owe me money Smiley

This year the +1000/-1000$ rule is a bit ridiculous considering this shitty year. I hadn't had this case yet. I'm not going to change the rules during the year, but for 2023 I was thinking of some adjustments :

- +1000/-1000$ would become +100/-100$.
- And I will only allow one stable coin (sorry LoyceV, you'll have to get your hands dirty and dig into the depths of the shitcoin rankings Smiley).

The discussion is open, and any proposal is welcome.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
November 16, 2022, 06:09:06 AM
Whoever bets on the best performing altcoin at the end of 2022 will receive a 1000$ bonus on the value of his final portfolio.
I thought I could at best be #2 because of this, but I'm starting to think I may have the "best performing altcoin" in my selection Shocked I'm disappointed though, I wanted to lose this one, and I wanted Bitcoin to above all others.

Quote
Whoever bets on the lowest performing altcoin at the end of 2022 will receive a 1000$ penalty on the value of his final portfolio.
So DarkStar_ will be at -$1000 Cheesy

Who wants a new graph?
Image loading...

Wed Nov 16 00:00:01 UTC 2022 (see source for daily updates)

1. LoyceV: $1001.83
Tether Price (500.71000679 USDT): $501.11
USD Coin Price (400.00000000 USDC): $400.37
Binance USD Price (50.03812905 BUSD): $50.15
TrueUSD Price (50.08835586 TUSD): $50.19

2. Bitcoin: $364.83
Bitcoin Price (0.02158895 BTC): $364.83

3. an@sha: $362.85
Dogecoin Price (2932.00103206 DOGE): $257.27
1inch Price (104.60251046 1INCH): $55.79
Theta Network Price (31.77966102 THETA): $29.32
Compound Price (0.49957536 COMP): $20.48

4. mole0815: $312.73
Fantom Price (88.88888889 FTM): $16.74
Cronos Price (358.11616572 CRO): $26.79
Monero Price (1.31044424 XMR): $169.36
Pirate Chain Price (285.71428571 ARRR): $99.85

5. xandry: $289.19
Banano Price (11091.21101384 BAN): $43.90
Mysterium Price (555.23105385 MYST): $107.48
Storj Price (142.04545455 STORJ): $44.58
Polygon Price (98.81422925 MATIC): $93.23

6. Yabes: $232.69
Conflux Price (999.96000160 CFX): $30.80
Litecoin Price (1.70532060 LTC): $98.98
Covalent Price (694.66755816 CQT): $52.72
PancakeSwap Price (12.72264631 CAKE): $50.19

7. Saint-loup: $230.45
Atari Price (6802.58887096 ATRI): $17.76
Flow Price (28.12148481 FLOW): $35.20
Polygon Price (79.05138340 MATIC): $74.59
Dogecoin Price (1172.80041283 DOGE): $102.91

8. Buchi-88: $213.84
IOTA Price (145.98540146 MIOTA): $32.68
Waves Price (20.60439560 WAVES): $48.28
Tezos Price (45.87155963 XTZ): $47.20
Bitpanda Ecosystem Price (275.22935780 BEST): $85.68

9. Little Mouse: $188.47
Enjin Coin Price (193.05019305 ENJ): $62.30
Polkadot Price (7.47943156 DOT): $44.33
KuCoin Price (9.32400932 KCS): $71.14
Render Price (21.69197397 RNDR): $10.69

10. -doubleU-: $187.23
Cardano Price (152.67175573 ADA): $51.60
IOTA Price (145.98540146 MIOTA): $32.68
Avalanche Price (2.73647724 AVAX): $36.97
XAYA Price (724.01509813 WCHI): $65.97

11. GrosWesh: $177.65
Casper Network Price (3489.30527932 CSPR): $101.73
CHEQD Network Price (1024.30155438 CHEQ): $36.19
Hathor Price (125.78616352 HTR): $7.17
Internet Computer Price (8.17995910 ICP): $32.56

12. elma: $171.36
Alchemist Price (1.07991361 MIST): $1.76
Polkadot Price (9.34928945 DOT): $55.41
Shiden Network Price (258.06451613 SDN): $73.49
NEAR Protocol Price (20.53388090 NEAR): $40.70

13. chem96: $156.05
Algorand Price (240.96385542 ALGO): $68.22
Anchor Protocol Price (73.09941520 ANC): $3.81
BEAM Price (344.24770688 BEAM): $41.68
FireBot Price (132.74336283 FBX): $42.34

14. perl: $143.64
Anchor Protocol Price (73.09941520 ANC): $3.81
BEAM Price (430.30963360 BEAM): $52.09
Avalanche Price (2.28039770 AVAX): $30.81
Orchid Protocol Price (680.29247134 OXT): $56.93

15. MishaMuc: $136.79
IOTA Price (291.97080292 MIOTA): $65.35
Solana Price (1.46886016 SOL): $21.12
Floshin Price (45547711227.51080000 FLOSHIN): $7.48
Bitpanda Ecosystem Price (137.61467890 BEST): $42.84

16. sam00: $135.31
Defi Warrior Price (51616.84608682 FIWA): $4.34
MultiversX (Elrond) Price (1.04663820 EGLD): $45.50
Enjin Coin Price (96.52509653 ENJ): $31.15
Holo Price (33814.81115781 HOT): $54.33

17. Halab: $120.35
Ethereum Price (0.02712674 ETH): $34.01
Ultra Price (222.92993631 UOS): $45.25
Gods Unchained Price (80.64516129 GODS): $20.52
The Sandbox Price (34.01360544 SAND): $20.57

18. MinoRaiola: $59.34
Elemon Price (384.61538462 ELMON): $2.32
Verasity Price (11598.25724587 VRA): $32.71
Anyswap Price (5.91016548 ANY): $20.87
DeRace Price (27.70083102 DERC): $3.44

19. 1miau: $58.72
JOE Price (212.26415094 JOE): $33.56
BENQI Price (1330.76938432 QI): $8.11
Algorand Price (60.24096386 ALGO): $17.06
What is Crypto Market Cap? (435.93803402 ): $0.00

20. DarkStar_: $0.00
What is Crypto Market Cap? (1.40481007 ): $0.00
What is Crypto Market Cap? (0.74098225 ): $0.00
What is Crypto Market Cap? (0.08518962 ): $0.00
What is Crypto Market Cap? (0.70803478 ): $0.00
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
November 03, 2022, 04:13:18 AM
And you can start thinking about 4 altcoins for 2023, hoping for a more bumpy year.
I call dips on the same I had this year Cheesy And I'll start collecting data from the first day this time.
staff
Activity: 2408
Merit: 2021
I find your lack of faith in Bitcoin disturbing.
November 03, 2022, 03:41:10 AM
Small update on the contest, because the Dogeboyz (an@sha and Saint-Loup) are shaking up the contest a little bit.


But an@sha is banned and is therefore not eligible to receive a possible prize.

Even if this year is quite boring, there are two interesting fights to follow (at the top and the bottom of the ranking):

Mods fight : Mole0815 Vs Xandry (and an@sha)


And MinoRaiola Vs 1miau (who has one delisted token)




And you can start thinking about 4 altcoins for 2023, hoping for a more bumpy year.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
October 03, 2022, 03:37:11 AM
Just to tell you that there is a little problem with 1Miau since October 1st because one of its tokens has been deactivated (Sherpa). The total is 0 when it should not be
Thanks, I clearly didn't account for delisting coins. I fixed it quick and dirty: if empty string, then make it 0.00 so it can be summed again.
It should be okay in tomorrow's update. I didn't bother fixing the "What is Crypto Market Cap" coin name when it's delisted. And I didn't (manually) update the csv, so 1Miau will be at zero for a few days in the next graph.
staff
Activity: 2408
Merit: 2021
I find your lack of faith in Bitcoin disturbing.
October 03, 2022, 03:21:51 AM
Hi LoyceV,

Just to tell you that there is a little problem with 1Miau since October 1st because one of its tokens has been deactivated (Sherpa). The total is 0 when it should not be

19. 1miau: $0.00
Code:
[url=https://www.coingecko.com/en/coins/joe]JOE Price[/url] (212.26415094 JOE): $46.68
[url=https://www.coingecko.com/en/coins/benqi]BENQI Price[/url] (1330.76938432 QI): $12.30
[url=https://www.coingecko.com/en/coins/algorand]Algorand Price[/url] (60.24096386 ALGO): $21.29
[url=https://www.coingecko.com/en/coins/sherpa]What is Crypto Market Cap[/url] (435.93803402 ): $0.00

No hurry.

legendary
Activity: 2772
Merit: 3282
September 11, 2022, 02:17:14 PM
#99
Quote
20. DarkStar_: $0.00
What is Crypto Market Cap? (1.40481007 ): $0.00
What is Crypto Market Cap? (0.74098225 ): $0.00
What is Crypto Market Cap? (0.08518962 ): $0.00
What is Crypto Market Cap? (0.70803478 ): $0.00
Apparently, I can no longer fetch the name from Coingecko. I'm not going to fix that bug anymore, we know what it is.

I thought that this was some kind of joke at first before realizing that the listing from Coingecko is now completely gone  Tongue


Why did you not choose Luna ??  Roll Eyes
Sheer luck Tongue

Or this:
if anything, it should show how little I care about altcoins Tongue
I didn't even know Luna back then, I just searched CoinMarketCap for "USD".

Maybe next time you can choose USDD (Tron's pseudoclone of Terra) and we can watch Tron implode together  Cheesy
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 11, 2022, 04:39:05 AM
#98
@LoyceV I hope you don't mind me hijacking your reports:
Please do, that's what it's for!

Quote
20. DarkStar_: $0.00
What is Crypto Market Cap? (1.40481007 ): $0.00
What is Crypto Market Cap? (0.74098225 ): $0.00
What is Crypto Market Cap? (0.08518962 ): $0.00
What is Crypto Market Cap? (0.70803478 ): $0.00
Apparently, I can no longer fetch the name from Coingecko. I'm not going to fix that bug anymore, we know what it is.

I've updated the graph:
Image loading...
legendary
Activity: 1092
Merit: 1125
September 10, 2022, 01:58:35 PM
#97
@LoyceV I hope you don't mind me hijacking your reports:

As of today, we are all in a terrible spot, except LoyceV, more than doubling every single prediction out there made by other participants.

The next bullrun and altcoin hype has to happen soon or LoyceV will cry for sure:
Let me be clear: I don't want to win this, if I win this I'm going to cry

---------------------------------------------------------------------------------------------------------------------------------------------

Sat Sep 10 00:00:01 UTC 2022 (see source for daily updates)

1. LoyceV: $1001.53
Tether Price (500.71000679 USDT): $501.05
USD Coin Price (400.00000000 USDC): $400.28
Binance USD Price (50.03812905 BUSD): $50.06
TrueUSD Price (50.08835586 TUSD): $50.14

2. Bitcoin: $461.83
Bitcoin Price (0.02158895 BTC): $461.83

3. xandry: $409.36
Banano Price (11091.21101384 BAN): $64.24
Mysterium Price (555.23105385 MYST): $177.38
Storj Price (142.04545455 STORJ): $79.62
Polygon Price (98.81422925 MATIC): $88.12

4. mole0815: $408.76
Fantom Price (88.88888889 FTM): $24.28
Cronos Price (358.11616572 CRO): $43.09
Monero Price (1.31044424 XMR): $209.11
Pirate Chain Price (285.71428571 ARRR): $132.28

5. Buchi-88: $323.27
IOTA Price (145.98540146 MIOTA): $42.68
Waves Price (20.60439560 WAVES): $96.90
Tezos Price (45.87155963 XTZ): $75.51
Bitpanda Ecosystem Price (275.22935780 BEST): $108.18

6. an@sha: $320.71
Dogecoin Price (2932.00103206 DOGE): $187.71
1inch Price (104.60251046 1INCH): $68.95
Theta Network Price (31.77966102 THETA): $37.77
Compound Price (0.49957536 COMP): $26.29

7. elma: $266.44
Alchemist Price (1.07991361 MIST): $3.23
Polkadot Price (9.34928945 DOT): $72.64
Shiden Network Price (258.06451613 SDN): $91.56
NEAR Protocol Price (20.53388090 NEAR): $99.00

8. Little Mouse: $265.93
Enjin Coin Price (193.05019305 ENJ): $105.84
Polkadot Price (7.47943156 DOT): $58.11
KuCoin Price (9.32400932 KCS): $89.78
Render Price (21.69197397 RNDR): $12.20

9. Yabes: $262.87
Conflux Price (999.96000160 CFX): $55.60
Litecoin Price (1.70532060 LTC): $104.51
Covalent Price (694.66755816 CQT): $47.66
PancakeSwap Price (12.72264631 CAKE): $55.09

10. Saint-loup: $229.30
Atari Price (6802.58887096 ATRI): $24.39
Flow Price (28.12148481 FLOW): $59.34
Polygon Price (79.05138340 MATIC): $70.50
Dogecoin Price (1172.80041283 DOGE): $75.08

11. -doubleU-: $229.21
Cardano Price (152.67175573 ADA): $76.80
IOTA Price (145.98540146 MIOTA): $42.68
Avalanche Price (2.73647724 AVAX): $55.82
XAYA Price (724.01509813 CHI): $53.90

12. chem96: $220.65
Algorand Price (240.96385542 ALGO): $78.30
Anchor Protocol Price (73.09941520 ANC): $11.32
BEAM Price (344.24770688 BEAM): $65.43
FireBot Price (132.74336283 FBX): $65.60

13. perl: $217.04
Anchor Protocol Price (73.09941520 ANC): $11.32
BEAM Price (430.30963360 BEAM): $81.79
Avalanche Price (2.28039770 AVAX): $46.52
Orchid Protocol Price (680.29247134 OXT): $77.41

14. GrosWesh: $209.84
Casper Network Price (3489.30527932 CSPR): $98.25
CHEQD Network Price (1024.30155438 CHEQ): $38.85
Hathor Price (125.78616352 HTR): $14.69
Internet Computer Price (8.17995910 ICP): $58.05

15. MishaMuc: $202.96
IOTA Price (291.97080292 MIOTA): $85.37
Solana Price (1.46886016 SOL): $51.07
Floshin Price (45547711227.51080000 FLOSHIN): $12.43
Bitpanda Ecosystem Price (137.61467890 BEST): $54.09

16. Halab: $199.70
Ethereum Price (0.02712674 ETH): $46.66
Ultra Price (222.92993631 UOS): $92.79
Gods Unchained Price (80.64516129 GODS): $26.90
The Sandbox Price (34.01360544 SAND): $33.35

17. sam00: $192.53
Defi Warrior Price (51616.84608682 FIWA): $9.41
Elrond Price (1.04663820 EGLD): $56.39
Enjin Coin Price (96.52509653 ENJ): $52.92
Holo Price (33814.81115781 HOT): $73.81

18. 1miau: $130.14
JOE Price (212.26415094 JOE): $51.40
BENQI Price (1330.76938432 QI): $15.28
Algorand Price (60.24096386 ALGO): $19.58
Sherpa Price (435.93803402 SHERPA): $43.89

19. MinoRaiola: $102.22
Elemon Price (384.61538462 ELMON): $3.73
Verasity Price (11598.25724587 VRA): $58.28
Anyswap Price (5.91016548 ANY): $32.35
DeRace Price (27.70083102 DERC): $7.85

20. DarkStar_: $0.00
What is Crypto Market Cap? (1.40481007 ): $0.00
What is Crypto Market Cap? (0.74098225 ): $0.00
What is Crypto Market Cap? (0.08518962 ): $0.00
What is Crypto Market Cap? (0.70803478 ): $0.00
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
July 31, 2022, 02:40:21 PM
#96
Why did you not choose Luna ??  Roll Eyes
Sheer luck Tongue

Or this:
if anything, it should show how little I care about altcoins Tongue
I didn't even know Luna back then, I just searched CoinMarketCap for "USD".
legendary
Activity: 2576
Merit: 1248
July 31, 2022, 02:32:49 PM
#95


 Why did you not choose Luna ??  Roll Eyes
hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
July 28, 2022, 06:47:49 PM
#94
It's been a while, so here's an update:
Image loading...
...
Pretty amazing how even with Bitcoin losing exactly 50% of its USD-denominated value, it's still number 2 and outperformed all altcoin portfolios.
Goes to show yet again, how risky it is to invest in alts instead of Bitcoin...
legendary
Activity: 1092
Merit: 1125
July 28, 2022, 01:09:31 PM
#93
It's been a while, so here's an update:

Thanks for the update @LoyceV! We really appretiate it!

Things aren't looking really good for pretty much all of us (especially @DarkStar_) and sitting at spot #17 I doubt that I could even make a comeback this year. Even those that shortly outperformed your stable coins or the bitcoin price itself are now all sitting way below that :/
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
July 22, 2022, 09:49:36 AM
#92
It's been a while, so here's an update:
Image loading...

Fri Jul 22 00:00:01 UTC 2022 (see source for daily updates)

1. LoyceV: $1000.31
Tether Price (500.71000679 USDT): $500.58
USD Coin Price (400.00000000 USDC): $399.67
Binance USD Price (50.03812905 BUSD): $50.01
TrueUSD Price (50.08835586 TUSD): $50.05

2. Bitcoin: $499.81
Bitcoin Price (0.02158895 BTC): $499.81

3. xandry: $452.41
Banano Price (11091.21101384 BAN): $79.12
Mysterium Price (555.23105385 MYST): $188.03
Storj Price (142.04545455 STORJ): $95.56
Polygon Price (98.81422925 MATIC): $89.70

4. mole0815: $441.43
Fantom Price (88.88888889 FTM): $29.46
Cronos Price (358.11616572 CRO): $48.15
Monero Price (1.31044424 XMR): $197.72
Pirate Chain Price (285.71428571 ARRR): $166.10

5. Buchi-88: $351.95
IOTA Price (145.98540146 MIOTA): $43.76
Waves Price (20.60439560 WAVES): $117.37
Tezos Price (45.87155963 XTZ): $76.87
Bitpanda Ecosystem Price (275.22935780 BEST): $113.95

6. an@sha: $345.94
Dogecoin Price (2932.00103206 DOGE): $205.08
1inch Price (104.60251046 1INCH): $71.99
Theta Network Price (31.77966102 THETA): $39.97
Compound Price (0.49957536 COMP): $28.89

7. Yabes: $282.37
Conflux Price (999.96000160 CFX): $58.66
Litecoin Price (1.70532060 LTC): $98.94
Covalent Price (694.66755816 CQT): $81.75
PancakeSwap Price (12.72264631 CAKE): $43.03

8. Little Mouse: $282.15
Enjin Coin Price (193.05019305 ENJ): $118.91
Polkadot Price (7.47943156 DOT): $56.26
KuCoin Price (9.32400932 KCS): $94.69
Render Price (21.69197397 RNDR): $12.28

9. elma: $251.23
Alchemist Price (1.07991361 MIST): $4.88
Polkadot Price (9.34928945 DOT): $70.33
Shiden Network Price (258.06451613 SDN): $86.14
NEAR Protocol Price (20.53388090 NEAR): $89.88

10. -doubleU-: $247.72
Cardano Price (152.67175573 ADA): $76.34
IOTA Price (145.98540146 MIOTA): $43.76
Avalanche Price (2.73647724 AVAX): $68.52
XAYA Price (724.01509813 CHI): $59.10

11. GrosWesh: $233.18
Casper Network Price (3489.30527932 CSPR): $108.59
CHEQD Network Price (1024.30155438 CHEQ): $48.40
Hathor Price (125.78616352 HTR): $19.78
Internet Computer Price (8.17995910 ICP): $56.41

12. Saint-loup: $232.10
Atari Price (6802.58887096 ATRI): $25.44
Flow Price (28.12148481 FLOW): $52.86
Polygon Price (79.05138340 MATIC): $71.76
Dogecoin Price (1172.80041283 DOGE): $82.03

13. perl: $227.00
Anchor Protocol Price (73.09941520 ANC): $8.80
BEAM Price (430.30963360 BEAM): $78.67
Avalanche Price (2.28039770 AVAX): $57.10
Orchid Protocol Price (680.29247134 OXT): $82.43

14. chem96: $223.53
Algorand Price (240.96385542 ALGO): $84.07
Anchor Protocol Price (73.09941520 ANC): $8.80
BEAM Price (344.24770688 BEAM): $62.94
FireBot Price (132.74336283 FBX): $67.72

15. MishaMuc: $221.99
IOTA Price (291.97080292 MIOTA): $87.52
Solana Price (1.46886016 SOL): $63.40
Floshin Price (45547711227.51080000 FLOSHIN): $14.09
Bitpanda Ecosystem Price (137.61467890 BEST): $56.98

16. Halab: $204.76
Ethereum Price (0.02712674 ETH): $42.74
Ultra Price (222.92993631 UOS): $77.58
Gods Unchained Price (80.64516129 GODS): $37.40
The Sandbox Price (34.01360544 SAND): $47.03

17. sam00: $204.08
Defi Warrior Price (51616.84608682 FIWA): $12.43
Elrond Price (1.04663820 EGLD): $58.84
Enjin Coin Price (96.52509653 ENJ): $59.45
Holo Price (33814.81115781 HOT): $73.36

18. 1miau: $154.81
JOE Price (212.26415094 JOE): $86.58
BENQI Price (1330.76938432 QI): $21.38
Algorand Price (60.24096386 ALGO): $21.02
Sherpa Price (435.93803402 SHERPA): $25.83

19. MinoRaiola: $105.99
Elemon Price (384.61538462 ELMON): $6.57
Verasity Price (11598.25724587 VRA): $64.93
Anyswap Price (5.91016548 ANY): $26.35
DeRace Price (27.70083102 DERC): $8.14

20. DarkStar_: $0.00
Mirrored Apple Price (1.40481007 ): $0.00
Mirrored Microsoft Price (0.74098225 ): $0.00
Mirrored Google Price (0.08518962 ): $0.00
Mirrored Facebook Price (0.70803478 ): $0.00
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
June 07, 2022, 12:18:14 AM
#91
Like, what's the use of a 'peg' if it can just be 'depegged'? If there were real stocks behind those 'mirrored stocks' (that someone buys for you when you buy the 'stablecoin version' of it), only then would it really be pegged and (as long as the 'someone' doesn't steal them from you) can't really be depegged, correct?
That is what I expected (and would love to see), but it looks like it was just another ponzi Shocked
hero member
Activity: 882
Merit: 5834
not your keys, not your coins!
June 06, 2022, 06:05:51 PM
#90
Mirror ran on the Terra blockchain, and took Terra's algorithmic stablecoin UST to be worth 1 USD. Last week, UST broke and depegged, taking down Terra with it. Mirror's pricing oracles seem to be taking 1 USD = 1 UST as fact, but 1 UST is now trading at $0.101 so stock pricing is broken (example: oracles are reporting $TWTR to be worth 38.23 UST (~= $3.84), while stock market pricing is $38.24 USD). Even if pricing was accurate taking the depeg into account, a lot of trust has been lost in Terra so most people are probably looking to get out.

I wasn't expecting to win this contest, but I certainly didn't expect that this would be the reason I'd end up in last  Tongue
Wow... I mean I'm not surprised, but I don't get how people continue to trust these types of projects; since they always seem to go down sooner or later anyway.
Like, what's the use of a 'peg' if it can just be 'depegged'? If there were real stocks behind those 'mirrored stocks' (that someone buys for you when you buy the 'stablecoin version' of it), only then would it really be pegged and (as long as the 'someone' doesn't steal them from you) can't really be depegged, correct?
legendary
Activity: 2772
Merit: 3282
June 06, 2022, 05:36:36 PM
#89
Quote
Sun Jun  5 00:00:02 UTC 2022 (see source for daily updates)

20. DarkStar_: $0.00
Mirrored Apple Price (1.40481007 ): $0.00
Mirrored Microsoft Price (0.74098225 ): $0.00
Mirrored Google Price (0.08518962 ): $0.00
Mirrored Facebook Price (0.70803478 ): $0.00
DarkStar_ hit rock bottom Shocked

I think this is more impressive than winning the competition  Tongue


I'd stand a decent chance at winning if crypto is bearish while tech stocks continue pumping.
The world changed quite a bit in just 5 months Shocked

I still wonder: what happened to the actual stock? Did they pull a Madoff?

There never was any real stock backing these mirrored tokens - I don't think the SEC would approve of any company trying to do that. I haven't looked too closely into how they actually worked, but my rough understanding is that they worked sort of like a perpetual futures contract that tries to use something similar to funding rates in order to incentivize people to long/short the stock depending on the price of the token relative to the actual stock.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
June 05, 2022, 02:27:03 AM
#88
Weird: the CoinGecko links above don't show a price anymore, it shows "No active trades are found for this coin.". I checked my script, but couldn't easily figure out where the values shown here come from.
I guess I spotted it just when they removed the price. This is today's data:
I'd stand a decent chance at winning if crypto is bearish while tech stocks continue pumping.
The world changed quite a bit in just 5 months Shocked

I still wonder: what happened to the actual stock? Did they pull a Madoff?

I don't actually understand the concept of mirrored stocks, since the value is far from the stocks' actual value.
See 5 posts up.

Updated graph:
Image loading...
legendary
Activity: 1092
Merit: 1125
June 04, 2022, 03:11:08 PM
#87
I don't actually understand the concept of mirrored stocks, since the value is far from the stocks' actual value.

AAPL: 145.36
MSFT: 270.01
GOOGL: 2,290.29
FB: 190.67

Usually they should be backed by the actual stock or they would be 1/10th of an actual stock for example. If they aren‘t actually backed then it‘s just as sus as TUSD was Cheesy

Theres coins like these on other chains that actually work pretty good (can think of an algorand project from the top of my head).
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