|
Title: Coin market capitalization watcher thread Post by: Walter Rothbard on December 16, 2013, 05:12:53 PM I thought it might be interesting to collectively track and discuss this information over time:
http://coinmarketcap.com/ Right now the top ten coins are: Bitcoin Litecoin Peercoin Namecoin Quark ProtoShares WorldCoin Megacoin Primecoin Feathercoin Very notable also is currency #11: Nxt, which has risen 87.41% in the last 24 hours, according to the site. This is especially notable given that nearly every other currency has fallen in lock step the last 24 hours. I'm particularly interested in watching the top ten over time. At the moment, I can't say that I fully understand why all of these are on the list. I understand positions 1 through 4. What has Quark got that is making it number 5? Feathercoin had a huge surge of interest earlier this year, so I can see why it is still hanging around. And Primecoin is very unique and I can see why it is there. ProtoShares is an interesting idea, although I'm not sure it deserves to be #6. What about WorldCoin and Megacoin - why are they up there? Edited to add: This links shows XRP as well: http://coinmarketcap.com/ripple.html Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 16, 2013, 05:38:49 PM Actually, Quark just edged out Namecoin. What's going on with Quark?
Title: Re: Coin market capitalization watcher thread Post by: opticalcarrier on December 16, 2013, 05:49:33 PM quark/namecoin routinely swap places, depending on the market.
I wish Gliss would just delist doge permanently, for their trolling shennanigans Title: Re: Coin market capitalization watcher thread Post by: Dogecoin on December 16, 2013, 05:52:21 PM quark/namecoin routinely swap places, depending on the market. I wish Gliss would just delist doge permanently, for their trolling shennanigans I don't think it needs to be delisted, but for now maybe "if over $1 a coin, ignore and use previous price" type logic. Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 16, 2013, 05:56:55 PM quark/namecoin routinely swap places, depending on the market. Yes, they are already back where they were before. Quote I wish Gliss would just delist doge permanently, for their trolling shennanigans I started to say that eventually as the market deepens this would be less of an issue - but what about for coins where the market never deepens? Title: Re: Coin market capitalization watcher thread Post by: digitalindustry on December 16, 2013, 06:31:24 PM quark/namecoin routinely swap places, depending on the market. I wish Gliss would just delist doge permanently, for their trolling shennanigans credibility killer - http://www.cryptmarketcap.com/ Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 16, 2013, 07:16:58 PM Megacoin vanished.
Meanwhile, Nxt has been outpaced by Novacoin, so that gives us: Bitcoin Litecoin Peercoin Namecoin Quark ProtoShares WorldCoin Primecoin Feathercoin Novacoin Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 16, 2013, 07:52:24 PM Nxt's 24 hour gain is nearly gone.
Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 17, 2013, 02:28:24 PM Current top ten:
Bitcoin (Ripple) Litecoin Peercoin Namecoin Quark ProtoShares WorldCoin Megacoin Primecoin Feathercoin Megacoin has returned. The general slide continues - at the moment the only coin on the whole chart that shows a 24 hour gain is BetaCoin. Title: Re: Coin market capitalization watcher thread Post by: FrictionlessCoin on December 17, 2013, 03:50:35 PM Current top ten: Bitcoin (Ripple) Litecoin Peercoin Namecoin Quark ProtoShares WorldCoin Megacoin Primecoin Feathercoin Megacoin has returned. The general slide continues - at the moment the only coin on the whole chart that shows a 24 hour gain is BetaCoin. Nice thread. Here's my take. Bitcoin <- Solid/ 8 billion market cap. Undervalued. (Ripple) Litecoin <- Solid. Weakness in sympathy with Bitcoin. GPU cards all selling for 80% premium. Peercoin <- Should decline based on high miner subsidy. Namecoin <- Undervalued at 31 million, should overtake Peercoin Quark <- Too few holder, too new. Should decline as insiders cash out. ProtoShares <- Too early, too few coins. New coins typically decline over time as miners sell and push price lower. WorldCoin <- Too fast block rate, too many coins, will decline over time. Megacoin <- Similar to quark. Insiders will cash out. Primecoin <- Flawed experimental coin. I doubt the upside. Feathercoin <- Lots of community, weak developers. Lots of insiders. Been taking a major punishment. Not sure where this will go. Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 17, 2013, 05:03:23 PM I'm curious what you feel is flawed about Primecoin. I'm not involved in its day to day operations - is it having problems?
Title: Re: Coin market capitalization watcher thread Post by: FrictionlessCoin on December 17, 2013, 10:53:51 PM I'm curious what you feel is flawed about Primecoin. I'm not involved in its day to day operations - is it having problems? Prime number sequences are fundamentally clustered, what this means is that there is a limit to how high difficulty increases. If difficulty is bound, then the rate of generation of coins increases as the limit is hit. Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 19, 2013, 08:55:16 PM Nice healthy green numbers today:
Bitcoin (Ripple) Litecoin Peercoin Namecoin Quark ProtoShares WorldCoin (DogeCoin) Megacoin Primecoin Feathercoin Same list as always except this is the first time I've caught one of those temporary high Doge moments I've been hearing about. Nearly everything is up. Not as much as it was a few days ago, but back to the point it was a few days before that. So you can call it a crash or a recovery; take your pick! Title: Re: Coin market capitalization watcher thread Post by: Walter Rothbard on December 20, 2013, 02:17:53 PM PrimeCoin and FeatherCoin have been pushed down - Nxt and Dogecoin are up (not sure how much I trust the Dogecoin readings, but this is twice in a row.)
Bitcoin 8,409,983,542 (Ripple 2,241,106,927) Litecoin 490,738,519 Peercoin 74,777,643 Namecoin 35,927,269 Quark 27,650,727 ProtoShares 16,571,809 WorldCoin 16,170,765 Megacoin 14,232,478 (DogeCoin 10,507,728) Nxt 10,373,024 Primecoin 9,315,597 |