Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: juanbond on April 15, 2014, 03:48:35 PM



Title: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 15, 2014, 03:48:35 PM
In light of the recent decimation of Auroracoin's value, ALTDEX (http://altdex.org/) is most likely going to be removing Auroracoin from the index and replacing it with a more stable/valuable altcoin.  Please vote if you'd like to have some say in the future of this altcoin total market index...we already have a couple front runners in mind, but we want to get a sense of what the community prefers to see included in the ALTDEX going forward.

For reference, ALTDEX is currently comprised of the following ten altcoins:
  • Litecoin
  • Peercoin
  • Dogecoin
  • Nxt
  • Namecoin
  • Primecoin
  • Feathercoin
  • Vertcoin
  • Novacoin
  • Auroracoin


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: d5000 on April 15, 2014, 04:17:51 PM
Mastercoin and Bitshares seem the two most stable, perhaps Counterparty too, if they count as "altcoins".

Blackcoin and Quark are highly volatile, so I would not recommend including them.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 15, 2014, 05:08:31 PM
Mastercoin and Bitshares seem the two most stable, perhaps Counterparty too, if they count as "altcoins".

Blackcoin and Quark are highly volatile, so I would not recommend including them.

Thanks for the input!


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Zzzack on April 15, 2014, 05:53:40 PM
Don't know what the altdex is. Does it help the coin or just a pairing?

Of these coins, zet has a ton of potential (although may be in a pump n dump at the moment). Quark is a good stable one that's been around for a while.

I would trash the 'protocols' from this poll that never used POW.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 15, 2014, 05:55:27 PM
Don't know what the altdex is. Does it help the coin or just a pairing?

Of these coins, zet has a ton of potential (although may be in a pump n dump at the moment). Quark is a good stable one that's been around for a while.

I would trash the 'protocols' from this poll that never used POW.

ALTDEX is the Altcoin Total Market Index (a la Wilshire 5000, DJIA, etc).  More info at Altdex.org (http://altdex.org/).


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 15, 2014, 06:48:18 PM
Quark zooming well out into the lead...


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Rusty_1993 on April 15, 2014, 07:12:57 PM

Blackcoin and Quark are highly volatile, so I would not recommend including them.


With alll due respect. Quark has been quite steady in it's price actually. It Fluctuates as bitcoin fluctuates, just like most Altcoins. http://coinmarketcap.com/qrk_180.html Vs Bitcoin http://coinmarketcap.com/btc_180.html The seem pretty close and tied together.

Where as Blackcoin has shown quite a bit more volatility see here http://coinmarketcap.com/bc_180.html . Definitely not as closely tied to bitcoin, and definitely more volitile. But it's still a young coin. Interested to see what happens But in my opinion Quark is definitely a top contender and you guys should keep an eye on it! :)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: ebliever on April 15, 2014, 08:51:36 PM
I think BC will be more stable going forward, having survived it's big run-up. The latest price trend on Cryptsy showed it wobbling around a mean, suggesting it is settling in to a more balanced state.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: toast on April 15, 2014, 09:04:13 PM
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


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 15, 2014, 09:08:12 PM
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

Good point, I will take factors like this into account when making the final determination on which coin will replace Auroracoin.  Thanks!


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: ReRunRod on April 15, 2014, 10:19:59 PM
BLACKCOIN!!!!!!  8)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: heisenberg74 on April 15, 2014, 10:23:04 PM
Which coin did I choose ?

BLACKCOIN OF COURSE


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: bar on April 15, 2014, 10:28:08 PM
Blackcoin! ;)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Nxtblg on April 15, 2014, 11:04:45 PM
Quark is a good stable one that's been around for a while.

That's precisely why I voted for Quark.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Alley on April 15, 2014, 11:41:21 PM
Blackcoin was the latest pump and dump.  Of course its wining a meaningless poll.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: deliciousowl on April 16, 2014, 06:02:21 AM
Yeah, put all your pump and dumps together instead of something useful like counterparty  ::)  ::)  ::)

satoshi wept


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: victzhang on April 16, 2014, 07:24:14 AM
Quark, please!  :D


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: omahapoker on April 16, 2014, 08:55:20 AM
i voted for black coin.



blackcoin is the future


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: reRaise on April 16, 2014, 09:56:24 AM
Quark is the most established in that list, add it :)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 16, 2014, 03:02:08 PM
Thanks for all the votes and comments, everyone!  At the moment, we're leaning towards adding Quark, as it does seem to be the most established and relatively stable.  Though, our opinion could still be swayed!


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: cryptohunter on April 16, 2014, 03:21:08 PM
blackcoin has not been around long enough, i say qrk, although if not qrk then sure go with black.



Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: scottsecret on April 16, 2014, 05:12:27 PM
It seems to me that PTS should have been on the list from the start and should not even be on this poll.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Zzzack on April 16, 2014, 05:15:04 PM
Thanks for all the votes and comments, everyone!  At the moment, we're leaning towards adding Quark, as it does seem to be the most established and relatively stable.  Though, our opinion could still be swayed!

Whole market is unstable right now.

Blackcoin just dropped below Quark in terms of market cap. Quark has been shooting up last couple days, but I still think it will become stable at some point.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: CryptoBrother on April 17, 2014, 01:46:05 AM
BlackCoin of course... Why You are asking? Just add BC :)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: dukeneptun on April 17, 2014, 03:05:51 AM
BC  ;)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: CLains on April 17, 2014, 02:35:50 PM
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.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: mcphervi on April 17, 2014, 02:40:25 PM
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.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: toast on April 17, 2014, 03:24:49 PM
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.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Oldminer on April 21, 2014, 05:54:57 AM
https://i.imgur.com/207Fsr6.jpg

No 3


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: neuroMode on April 21, 2014, 05:58:37 AM
Myriadcoin.

The first multi-PoW coin. The things people dream about.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: kalashnikovski on April 21, 2014, 07:15:38 AM
If a stable coin you guys are after I suggest taking a look into Mint


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: MuffinMaster on April 21, 2014, 11:57:22 AM
blackcoin


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: chekhoa on April 21, 2014, 11:57:50 AM
+ 1 BlackCoin


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: hiddensphinx on April 21, 2014, 12:15:55 PM
Why hold a vote if you have already decided on QRK  ::)

+BlackCoin


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: mellomike on April 21, 2014, 12:51:08 PM
BlackCoin for sure.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: mr_random on April 21, 2014, 01:30:50 PM
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.  ;)


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Nurka on April 21, 2014, 01:57:16 PM
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.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: reRaise on April 21, 2014, 02:33:11 PM
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.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: myxamop on April 21, 2014, 06:13:26 PM
+BlackCoin


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: noerc on April 21, 2014, 06:21:08 PM
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.


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Degolep on April 21, 2014, 08:18:55 PM
When do you decide?

Blackcoin vote +1


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: Coinster2 on April 22, 2014, 03:00:19 PM
methinks the first open source DOA deployment sounds the most exciting choice. +1 Counterparty


Title: Re: [POLL] Which altcoin should replace Auroracoin in the ALTDEX?
Post by: juanbond on April 22, 2014, 03:26:18 PM
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.