Author

Topic: New BTC On-Chain Metrics site - beta testers (Read 148 times)

legendary
Activity: 2212
Merit: 7064
September 25, 2021, 08:45:05 AM
#9
To be clear...I am NOT trying to compete with Glassnode or LookIntoBitcoin. These are awesome sites and I have learned a lot from them.
Modestly, I would add that even in this beta stage the website has several plots comparable to GlassNode tier 3 charts.
I know you didn't try to compete with them, but they have similar options like your website and I had to compare them with something that I actually used before.

It is not a concern that a handful of people are opinion leaders on on-chain analytics?
It can be a concern if you are looking just one source, but I am always checking multiple sources to help me make some decision or prediction.
For example you can clearly see a difference is some metrics of those two websites we talked about.

Don't be too surprised to see an article, maybe including open-source code.
I am always looking forward to see new open source tool like this, so please update here when this is released.
legendary
Activity: 2702
Merit: 4002
September 22, 2021, 08:19:58 AM
#8
It's good to see more people at least adding new resources and it gives us the possibility to verify that services like Glassnode are not tampering with the data.
Question: What are the specifications required in beta testers? I think that accepting all applications will not be useful and therefore what are the basic skills that they must have.

In general, if your project is open source, or most of the services are free, and even paid ones are of low value, then i will support it.
legendary
Activity: 3010
Merit: 3724
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September 22, 2021, 06:19:43 AM
#7
It is not a concern that a handful of people are opinion leaders on on-chain analytics?

+1

It is a concern that everyone almost is quoting or referencing Glassnode in the media reports (and then not making the full resource available) -- I'd even go as far as to say it's making journalists fall into that lazy trap of relying on one source, albeit of a credible reputation.

Can't pretend I know enough to be a useful beta tester, but I've always been curious about the workings of tools like AMLBot and/or the privacy score of Blockchair -- would one be able to use this site to use on-chain metrics for... AML purposes, say?
full member
Activity: 1106
Merit: 101
September 21, 2021, 12:10:04 PM
#6
As i can see you have some inovative ideas and plans here, interesting really. Many people can be satisfied but lets test it and try first. Wish you luck. Support from my side, will contact you.
newbie
Activity: 3
Merit: 17
September 21, 2021, 10:57:50 AM
#5
Thank you dkbit98 for your valuable feedback and advice! Much, much appreciated!

To be clear...I am NOT trying to compete with Glassnode or LookIntoBitcoin. These are awesome sites and I have learned a lot from them.
Modestly, I would add that even in this beta stage the website has several plots comparable to GlassNode tier 3 charts.

It is not a concern that a handful of people are opinion leaders on on-chain analytics?
On-chain analytics is a science in its infancy. I believe it will only bring the field forward to develop new methods and get new people with a different background to engage.
There is so much to discover. There even might be some brand new metrics coming soon Smiley Don't be too surprised to see an article, maybe including open-source code.

I am only trying to contribute to the community  Smiley




legendary
Activity: 2212
Merit: 7064
September 21, 2021, 09:01:48 AM
#4
Glasnode is expensive. From my idealistic viewpoint this data should be available to all.
Full version is a bit expensive but you can still use limited version for free and subscribers are getting monthly free reports.
There are other website that offer similar data like this for free, for example lookintobitcoin.com is very good:
https://www.lookintobitcoin.com/charts/

Don't trust, verify! Glassnode data (and others) need to be checked against independent sources.
How can we check and verify if your data presented in your website is correct and how can we know it's coming from independent sources?

I welcome beta testers for their opinions and feedback. Also, I am very interested in people having new ideas on how to analyze the datasets.
You may get more beta testers if you offer them some benefits or something in return for their feedback, and Bitcoin is always a good reward.
What I think is missing in your website is textual explanation for newbies what NUPL, MVRH, etc are and how to use them, like we can see in Glassnode and Lookintobitcoin.
newbie
Activity: 3
Merit: 17
September 19, 2021, 08:35:15 AM
#3
Now seeking beta testers...and people genuinely interested in developing novel metrics.
Why exactly do you need beta testers for, and how is your website different from similar alternatives like Glassnode for example?


Thank you dkbit98 for your questions. I will mention a few reasons why I started this

1. Glasnode is expensive. From my idealistic viewpoint this data should be available to all.
2. On-chain analytics is a new science. Potentially, developing own-made very flexible methods for data harvesting/analysis enables the investigation of the datasets in novel ways.
3. Is it possible that some very useful metrics are only available to a few insiders?
4. Don't trust, verify! Glassnode data (and others) need to be checked against independent sources.

I welcome beta testers for their opinions and feedback. Also, I am very interested in people having new ideas on how to analyze the datasets.

Yes...I am a scientist by occupation...curiosity and idealism are the main drivers behind this project Smiley
legendary
Activity: 2212
Merit: 7064
September 19, 2021, 07:38:21 AM
#2
Now seeking beta testers...and people genuinely interested in developing novel metrics.
Why exactly do you need beta testers for, and how is your website different from similar alternatives like Glassnode for example?
newbie
Activity: 3
Merit: 17
September 19, 2021, 06:33:50 AM
#1
Dear all fellow bitcoin enthusiasts BTC Smiley

I am building a website for bitcoin on-chain metrics.
The back-end is self-developed and very flexible. Data is directly harvested from the bitcoin node network and broken down by statistical methods.
The website provides a graphical user-interface to configurable plots.

Current features include:
 - HODL Group Waves
 - Historic URPD snapshot
 - MarketCap, RealizedCap, UnRealizedCap, RealizedPrice...also broken down into HODLer Groups
 - Suppy, Long-Term Hodler Supply, Short-Term Hodler Supply, SupplyChange
 - MVRH NUPL, SOPR, NVT, SOAB, Dormancy, CoindaysAlive
 - ...and much more



Now seeking beta testers...and people genuinely interested in developing novel metrics.

Sign up by email to: [email protected]  (only 20-30 for now).
I will try to provide login credentials within 24h.

SatsStud
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