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Topic: [POLL] Which altcoin should replace Auroracoin in the ALTDEX? (Read 3347 times)

member
Activity: 96
Merit: 17
Thanks for all the votes and replies!  We're not exactly sure when we will alter the index...but probably sometime next week.  We'll be using the same technique that stock indicies use (a modified divisor) in order to keep the index at the same value despite replacing one small market cap with a larger one.  We're a bit averse to adding Blackcoin because it is relatively new...though if it continues to hold a large part of the market, we could certainly add it in the future once we feel it has stood the test of time a bit more.  We hold no balance of any of these coins, and we're not trying to promote anything other than the ALTDEX.
newbie
Activity: 2
Merit: 0
methinks the first open source DOA deployment sounds the most exciting choice. +1 Counterparty
full member
Activity: 210
Merit: 100
When do you decide?

Blackcoin vote +1
sr. member
Activity: 248
Merit: 250
Personally I also believe that BlackCoin will be a major coin in mid-term perspective. However, I agree that BlackCoin's price evolution probably doesn't really represent alt coins and therefore it might not be the best choice to be added to ALTDEX right now.

But I would like to encourage the ALTDEX team to keep an eye on BlackCoin.
hero member
Activity: 882
Merit: 502
hero member
Activity: 868
Merit: 1000
With all respect, Blackcoin hasn't been there long enough. Quark imo is more established and well market cap wise things can change so rapidly.
newbie
Activity: 37
Merit: 0
For the purpose of having an index it's clearly Blackcoin that should be added.

Volatile or not, doesn't matter. Blackcoin is top 10 in market cap and has been top 5 in traded volume. Blackcoin is, compared to the other coins, relevant in an index since it is such a large part of the market that you're trying to index.

Quark may very well be older and more stable, but it's a third of the market cap and roughly a hundredth of the traded volume compared to blackcoin which makes it less relevant to add to the index.

If what you're trying to do is just to promote "good" coins, then don't have a poll. Just pick the one you're holding most of.
legendary
Activity: 1344
Merit: 1001
Blackcoin has consistently been in the top 3 or 4 most traded coins in the world for the last 2 weeks. often number 3, displacing DOGE.

It is also now number 9 on coinmarketcap quite comfortably (more than double above the coin at number 10).

I therefore think your index would be enhanced if you accounted for Blackcoin.  Wink
member
Activity: 84
Merit: 10
BlackCoin for sure.
legendary
Activity: 1457
Merit: 1001
Why hold a vote if you have already decided on QRK  Roll Eyes

+BlackCoin
newbie
Activity: 5
Merit: 0
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
member
Activity: 252
Merit: 10
If a stable coin you guys are after I suggest taking a look into Mint
sr. member
Activity: 448
Merit: 250
Myriadcoin.

The first multi-PoW coin. The things people dream about.
legendary
Activity: 1022
Merit: 1001
sr. member
Activity: 1582
Merit: 253
Quite surprised quark is doing this well. Obviously ignore BC until your next re-shuffle.
XCP and PTS are the only two even worth considering, and again I think PTS is better to include in an index.
sr. member
Activity: 359
Merit: 250
Quark has been around quite a while, is established, and is relatively well distributed, meaning hopefully more stable. I think its the better choice for an index than blackcoin, although I am admittedly biased.
sr. member
Activity: 256
Merit: 250
PTS sort of tracks expectations of how well the entire bitshares ecosystem is doing so I think it has more information about the altcoin market as a whole

This.
legendary
Activity: 1064
Merit: 1000
sr. member
Activity: 252
Merit: 250
I LOVE THE LIR PROJECT
BlackCoin of course... Why You are asking? Just add BC Smiley
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