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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Joe200 on January 16, 2015, 07:14:15 PM



Title: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on January 16, 2015, 07:14:15 PM
Hundreds of coins out there. Which ones should be on your radar? Here is the list. (Revised methodology: 2015-08-23.)

I am not saying that these coins will go up or down. I am saying that their recent daily volume is large enough ($10k+) that it's not a complete waste of your time to trade them.

The list. BTC, LTC, SLL, DOGE, XMR, BCN, XPM, DASH, NBT, PPC, CLAM, MAID, BLK, BTS. Read below for details. Last updated: 2015-08-23.

If you want me to consider adding another coin to this list, comment below. Let me know which specific exchanges I should look at for your coin -- both for current data and historical data.

Getting data from the right exchanges is important. I just discovered that SLL is a thing, and it's high up on my list too. It's only traded on a single exchange. That's why it was missing from previous versions of this list.

Some coins have low volume for Alt/BTC, but high volume for Alt/CNY. I currently consider CNY volume just for a couple of coins. If there are others that I should look at, comment below.

Renames that I am aware of: DRK -> DASH and BTSX -> BTS. Any others?

Table. Here are the columns:
* age: the number of days since the coin started trading on an exchange.

* volume.usd: recent daily volume of Alt/BTC on a single exchange, as measured in USD. For BTC, it's the volume of BTC/USD. For certain coins, it's the volume of Alt/CNY, measured in USD. Websites like coinmarketcap only give you today's volume. This is worthless just because a coin could have one hot day and then show up on their list. I am using the last month of data for determining current volume. I think that if a coin's daily volume is $10k or more, then it's not a complete waste of your time to try to trade it.

* n.volume.usd.ok: the number of days that a coin's daily volume (the way I measure it) was $10k+.

Here is the top of the table ordered by volume.usd.

Code:
    coin   age  volume.usd n.volume.usd.ok
1    btc 1,860   3,290,000           1,587
2    eth    16     531,000               1
3    ltc 1,140     248,000             975
4    sll 1,080      62,100             818
5   doge   614      57,400             585
6    xmr   446      26,900             402
7    bcn   461      21,900              22
8    xpm   760      16,300             328
9   dash   553      15,400             485
10   nbt   322      15,000              15
11   ppc   870      14,800             683
12  clam   415      13,100              39
13  maid   411      12,900              30
14   blk   238      10,300             100
15   bts   373      10,300              52
16   xrp   555       9,020              88
17   nxt   634       7,350             250
18   nmc 1,040       7,230             602
19   nvc   923       5,250             264
20   str   378       5,130              83
21   xcp   553       2,410              10
22  mona   492       2,380               0

Trading coins with volume below $10k is a waste of time, so only consider coins from the upper part of the table.

ETH just came out. I wouldn't touch it for now until it gets a longer track record.

That leaves us with these coins: BTC, LTC, SLL, DOGE, XMR, BCN, XPM, DASH, NBT, PPC, CLAM, MAID, BLK, BTS.

Previous versions.
* 2015-01-27: https://bitcointalk.org/index.php?topic=927144.msg10803514#msg10803514
* 2015-03-17: https://bitcointalk.org/index.php?topic=927144.msg11953682#msg11953682
* 2015-07-23: https://bitcointalk.org/index.php?topic=927144.msg12224092#msg12224092


Title: Re: The cryptocurrency short list
Post by: Eamorr on January 16, 2015, 09:58:24 PM
Thank you for this analysis.

I'm afraid this analysis is flawed on so many levels.

Here's the most up-to-date information:

https://www.coingecko.com/

^^^ It's not perfect, but it's a good up-to-date overview that would take a lot of work to improve on.


My "category A" alt-coin shortlist is:

- Ripple
- NXT
- Stellar

That's it.

LTC is dead.

There are about 10 "category B" (no money, few developers, no influence, no experience) alt-coins vying with each other.

Then there's "category C" - a waste of time.


Title: Re: The cryptocurrency short list
Post by: EvilDave on January 16, 2015, 10:30:22 PM
Hmmm....looks about right to me.

The only issue I'd have is with the years data for NXT.
NXT went live at the end of November 2013, so there should be a years worth of data somewhere....
I'm pretty sure that NXT was on CoinMarketCap by mid-December 2013.


Title: Re: The cryptocurrency short list
Post by: Hollowman338 on January 17, 2015, 02:26:31 AM
NXT is it.  This, from one of NXT's greatest haters.

The SuperNET is coming..


Title: Re: The cryptocurrency short list
Post by: Eamorr on January 17, 2015, 08:57:31 AM
NXT is it.  This, from one of NXT's greatest haters.

The SuperNET is coming..

I like NXT. But they're hippies. And their website sucks.


Title: Re: The cryptocurrency short list
Post by: snapter on January 17, 2015, 10:44:32 AM
NXT is it.  This, from one of NXT's greatest haters.

The SuperNET is coming..

I like NXT. But they're hippies. And their website sucks.

How could they improve their website? What's wrong with it?


Title: Re: The cryptocurrency short list
Post by: Eamorr on January 17, 2015, 10:57:06 AM
NXT is it.  This, from one of NXT's greatest haters.

The SuperNET is coming..

I like NXT. But they're hippies. And their website sucks.

How could they improve their website? What's wrong with it?

Wordpress. A hacker's dream. No information security professional could/would sign off on a smiley cat website that uses Wordpress, let alone an organisation that wants to replace the world's currency.

The design is not very aesthetic. The massive logo on the right looks like something out of Windows Vista. A lot of rounded corner inconsistencies. They didn't bother to update the date to 2015 (still at 2014). Basic stuff that they don't seem bothered with. One is left wondering what else they're not bothered with.

NXT has a really great community. But that's about it. They're just not at the races. Maybe they'll improve? But I just don't see how it can happen.


Title: Re: The cryptocurrency short list
Post by: EvilDave on January 17, 2015, 11:24:52 PM
Eamorr....which site are u babbling on about?
There are a few to choose from....


Title: Re: The cryptocurrency short list
Post by: coa032 on January 18, 2015, 12:53:50 AM
Where's Maxcoin on the list? In Feb/March MAX has had 11k Bitcoin volume.


Title: Re: The cryptocurrency short list
Post by: kelsey on January 18, 2015, 03:44:48 AM

My scamcoin-coin shortlist is:

- Ripple
- NXT
- Stellar

That's it.


you had a typo fixed it for you  ;)


Title: Re: The cryptocurrency short list
Post by: forzendiablo on January 18, 2015, 03:49:34 AM
think of EXCL


Title: Re: The cryptocurrency short list
Post by: chesthing on January 18, 2015, 04:02:30 AM
The future of all these altcoins is in the hands of the king, if it falls it's over. Btc brought all of them into the world, and it will take them all with it.


Title: Re: The cryptocurrency short list
Post by: kelsey on January 18, 2015, 04:25:38 AM
The future of all these altcoins is in the hands of the king, if it falls it's over. Btc brought all of them into the world, and it will take them all with it.

noobs feel if they FUD btc and ltc that will some how promote their crapcoin to the top  ::)


Title: Re: The cryptocurrency short list
Post by: tokeweed on January 18, 2015, 04:45:07 AM
think of EXCL
Where's Maxcoin on the list? In Feb/March MAX has had 11k Bitcoin volume.

what else?  i would like to invest.


Title: Re: The cryptocurrency short list
Post by: michaeladair on January 19, 2015, 01:15:56 AM
I would like to know what the amount is of BTC has been moving over the past 12 months.
Like, how much BTC is active.


Title: Re: The cryptocurrency short list
Post by: readysalted89 on January 19, 2015, 01:27:30 AM
I would like to know what the amount is of BTC has been moving over the past 12 months.
Like, how much BTC is active.

Bitcoin Days Destroyed is a difficult to understand concept but it might answer your question.

Bitcoin Days Destroyed is a measure of the transaction volume of Bitcoin. If someone has 100 BTC that they received a week ago and they spend it then 700 bitcoin days have been destroyed. If they take those 100BTC and send them to several addresses and then spend them then although the total transaction volume could be arbitrarily large the number of bitcoin days destroyed is still 700.

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=


Title: Re: The cryptocurrency short list
Post by: Joe200 on January 19, 2015, 04:56:04 AM
Where's Maxcoin on the list? In Feb/March MAX has had 11k Bitcoin volume.

Don't have data for MAX going back that far. Will dig around and see if I can find more. Which exchanges should I look at?


Title: Re: The cryptocurrency short list
Post by: coa032 on January 19, 2015, 02:08:15 PM
Where's Maxcoin on the list? In Feb/March MAX has had 11k Bitcoin volume.

Don't have data for MAX going back that far. Will dig around and see if I can find more. Which exchanges should I look at?

Exchange was MCXnow


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on January 27, 2015, 07:25:15 PM
Just posted an update. Much cleaner. See here: https://bitcointalk.org/index.php?topic=927144


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: BitcoiNaked on January 27, 2015, 07:50:22 PM
NONE of these 1.0 copycat Cryptos will be used by the average person for real practical purposes. Only Bitcoin and some Crypto 2.0 technologies. Forget about 1.0 bitcoin copies.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on January 27, 2015, 07:53:21 PM
NONE of these 1.0 copycat Cryptos will be used by the average person for real practical purposes. Only Bitcoin and some Crypto 2.0 technologies. Forget about 1.0 bitcoin copies.

I used a pretty basic standard for including coins in this list. What coins would you like me to look at? NXT is in the list, it's not exactly "1.0".


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on January 27, 2015, 08:20:37 PM
I'll grab data for these coins the next time I make the list. Is ethereum even tradable yet? Where?

Both MAID and XCP are on my longer list (age 200+ days). But their volume is too low, so they didn't make the final cut.


Title: Re: The cryptocurrency short list
Post by: happygeorge on January 27, 2015, 10:53:30 PM
Thank you for this analysis.

I'm afraid this analysis is flawed on so many levels.

Here's the most up-to-date information:

https://www.coingecko.com/

^^^ It's not perfect, but it's a good up-to-date overview that would take a lot of work to improve on.


My "category A" alt-coin shortlist is:

- Ripple
- NXT
- Stellar

That's it.

LTC is dead.

There are about 10 "category B" (no money, few developers, no influence, no experience) alt-coins vying with each other.

Then there's "category C" - a waste of time.

dude, the site you suggest, coingecko, lists LTC as number 2... where do you see it "dead" ?  Just wondering... I am really heavy into LTC.


Title: Re: The cryptocurrency short list
Post by: Eamorr on January 28, 2015, 01:48:24 AM
Thank you for this analysis.

I'm afraid this analysis is flawed on so many levels.

Here's the most up-to-date information:

https://www.coingecko.com/

^^^ It's not perfect, but it's a good up-to-date overview that would take a lot of work to improve on.


My "category A" alt-coin shortlist is:

- Ripple
- NXT
- Stellar

That's it.

LTC is dead.

There are about 10 "category B" (no money, few developers, no influence, no experience) alt-coins vying with each other.

Then there's "category C" - a waste of time.

dude, the site you suggest, coingecko, lists LTC as number 2... where do you see it "dead" ?  Just wondering... I am really heavy into LTC.

Litecoin???

Whatever floats your boat. Some folks fly 747s and get well paid for it. Others save up for months to buy hobby remote controlled drones. LTC hobbyists are in the latter category.

coingecko's analysis isn't perfect, but it's pretty good. For example, Ripple's community rating is very heavily suppressed because xrptalk gets all the chat, with forum.ripple.com only getting official chat and technical chat.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on January 29, 2015, 02:55:48 PM
* A more thorough discussion of the coins on this list: https://bitcointalk.org/index.php?topic=939072

* BTS should also be on the list. To construct the list, I considered the volume of Alt/BTC and converted it into USD. With BTS, the bulk of the volume is in BTS/CNY. Recent BTS/CNY volume is on the order of $50k+, much higher than my cutoff of $10k. I will attempt to address this in future versions of this list.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Corenin on January 30, 2015, 03:02:37 PM
you forget to add stellar(str) stellar.org
stellar is also a good altcoin, with a real company behind them


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Eamorr on January 30, 2015, 07:22:14 PM
you forget to add stellar(str) stellar.org
stellar is also a good altcoin, with a real company behind them

As the days go by, they're becoming less and less relevant.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on March 17, 2015, 05:55:15 PM
Hundreds of coins out there. Which ones should be on your radar? Here is the list.

I am not saying that these coins will go up or down. I am saying that they can at least be considered. They have been trading long enough (200+ days) that they are probably not scamcoins. Their recent daily volume is large enough ($10k+) that it's not a complete waste of your time to trade them.

The list. BTC, DOGE, LTC, DRK, PPC, XRP, NXT, NMC, XMR. Read below for details. Last updated: 2015-01-27.

What do you guys think? Good list? Which of these coins do you like?

If you want me to consider adding another coin to this list, comment below. If the coin has actively traded on an exchange different than where it is actively trading now, let me know too.

Update (2015-01-29):
* A more thorough discussion of the coins on this list: https://bitcointalk.org/index.php?topic=939072
* BTS should also be on the list. To construct the list, I considered the volume of Alt/BTC and converted it into USD. With BTS, the bulk of the volume is in BTS/CNY. Recent BTS/CNY volume is on the order of $50k+, much higher than my cutoff of $10k. I will attempt to address this in future versions of this list.

Tables. Here is what I show in the tables below:
* age: the number of days since the coin started trading on an exchange. I think that if the coin has been trading for 200+ days, it's probably not a scamcoin. Could it still be a scamcoin? Sure. Are there some gems in the pile of shit that's been trading for less than 200 days? Possibly, but good luck finding them.

* volume.usd: recent daily volume of Alt/BTC, as measured in USD. (For BTC, it's the volume of BTC/USD.) Websites like coinmarketcap only give you today's volume. This is worthless just because a coin could have one hot day and then show up on their list. I am using the last month of data for determining current volume. I think that if a coin's daily volume is $10k or more, then it's not a complete waste of your time to try to trade it.

* n.exch: the number of exchanges from which I used data to construct a price series for this coin. I actually had to poll many more exchanges, to see if they had anything useful. And I had to clean all this data. Surprise, surprise -- lots of exchanges give you lots of shitty data.

Probably not a scamcoin. It's possible that these coins are not complete scams / shit. They've been trading on an exchange for at least 200 days.

Code:
   coin   age volume.usd n.exch
1   btc 1,660  4,500,000      4
2   ltc   927    282,000      5
3   ppc   873     22,400      4
4   nmc   860     12,700      4
5   dvc   841       79.9      4
6   ixc   841       83.6      3
7   trc   718        323      4
8   nvc   715      2,110      2
9   frc   643       22.7      5
10  ftc   638      1,740      4
11  wdc   618      1,660      4
12  dgc   612        109      4
13  mec   586        607      2
14  ifc   569       6.63      2
15  xpm   566      2,030      4
16  anc   556        302      2
17  qrk   552        615      3
18  ybc   548        849      2
19  zet   513        362      3
20  nxt   426     15,600      5
21  pts   425        248      4
22 doge   406    880,000      3
23  msc   406        273      3
24  max   355        351      4
25  xrp   347     17,900      6
26  drk   345    180,000      4
27  xcp   345      7,250      2
28  cha   293       9.02      3
29 bits   282       29.1      2
30  vrc   260      1,010      3
31  bbr   241        432      2
32  xmr   238     11,500      2
33  bts   205      5,780      5
34 maid   203      5,590      2
35  xst   203      1,320      2

BTC plus 34 other coins. I think I was pretty liberal with the 200 day cutoff. But, I figured, why not. Most of the coins near the bottom drop off in the next step anyway, so might as well show the data for them.

Probably not a scamcoin and possibly not a waste of your time. In addition to trading for at least 200 days, these coins have a recent daily volume of at least $10k.

Code:
  coin   age volume.usd n.exch
1  btc 1,660  4,500,000      4
2 doge   406    880,000      3
3  ltc   927    282,000      5
4  drk   345    180,000      4
5  ppc   873     22,400      4
6  xrp   347     17,900      6
7  nxt   426     15,600      5
8  nmc   860     12,700      4
9  xmr   238     11,500      2

Only 9 coins in all. Ignore the rest, focus on these.

Yes, I had to go to 6 different exchanges to get the data on Ripple. Mainly Kraken and Cryptsy, plus the Rock, Poloniex, BTC38, and even Allcoin.

Others. People have asked me about these coins.

Code:
  coin age volume.usd n.exch
1  nxt 426     15,600      5
2  max 355        351      4
3 excl 122        307      2

NXT is on the list. MAX's volume is tiny. EXCL has a tiny volume and hasn't really been around long enough.



Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on March 17, 2015, 06:16:24 PM
Just updated the list. See the first post in this thread.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: 0nlyBTC on March 18, 2015, 02:10:42 AM
useless thread.  :P


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: razen489 on March 18, 2015, 03:23:27 AM
https://www.coingecko.com/en has update stats acros different segment


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: bram_vnl on March 18, 2015, 11:20:47 AM
you forget Guldencoin (i think it is 1 of the best coin)

https://bitcointalk.org/index.php?topic=554412.0
https://forum.guldencoin.com
http://www.guldencoinlinks.nl
http://www.guldencoin.com
https://timeline.guldencoin.com


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on July 23, 2015, 05:30:42 PM
Hundreds of coins out there. Which ones should be on your radar? Here is the list.

I am not saying that these coins will go up or down. I am saying that they can at least be considered. They have been trading long enough (200+ days) that they are probably not scamcoins. Their recent daily volume is large enough ($10k+) that it's not a complete waste of your time to trade them.

The list. BTC, LTC, DRK, DOGE, BTS, XMR. Read below for details. Last updated: 2015-03-17.

What do you guys think? Good list? Which of these coins do you like?

If you want me to consider adding another coin to this list, comment below. If the coin has actively traded on an exchange different than where it is actively trading now, let me know too.

Tables. Here is what I show in the tables below:
* age: the number of days since the coin started trading on an exchange. I think that if the coin has been trading for 200+ days, it's probably not a scamcoin. Could it still be a scamcoin? Sure. Are there some gems in the pile of shit that's been trading for less than 200 days? Possibly, but good luck finding them.

* volume.usd: recent daily volume of Alt/BTC, as measured in USD. (For BTC, it's the volume of BTC/USD.) Websites like coinmarketcap only give you today's volume. This is worthless just because a coin could have one hot day and then show up on their list. I am using the last month of data for determining current volume. I think that if a coin's daily volume is $10k or more, then it's not a complete waste of your time to try to trade it.

Fot BTS, most volume is in BTS/CNY, not BTS/BTC. (Anyone know why that is?) I merge BTS(X)/CNY to BTS(X)/BTC.

* n.exch: the number of exchanges from which I used data to construct a price series for this coin. I actually had to poll many more exchanges, to see if they had anything useful. And I had to clean all this data. Surprise, surprise -- lots of exchanges give you lots of shitty data. (This number is not accurate for BTS(X).)

Probably not a scamcoin. It's possible that these coins are not complete scams / shit. They've been trading on an exchange for at least 200 days.

Code:
    coin   age  volume.usd n.exch
1    btc 1,700   4,820,000      5
2    ltc   976     154,000      2
3    dvc   890        3.15      2
4    nmc   883       2,800      2
5    nvc   764         941      1
6    trc   711        66.2      2
7    ppc   711       4,740      3
8    frc   692       0.308      2
9    ftc   687        50.5      4
10   wdc   667        36.3      3
11   dgc   661        55.9      2
12   ixc   655        16.7      1
13   mec   635       0.303      2
14   ifc   618        22.9      1
15   anc   605           2      2
16   xpm   601        76.8      3
17   qrk   601        6.05      2
18   ybc   597        78.2      2
19   zet   562        23.6      3
20   nxt   475       7,750      4
21   pts   474          10      3
22  doge   455      76,300      4
23   vtc   407        80.4      2
24   max   404         159      3
25   xrp   396       3,690      4
26   drk   396      79,500      4
27   xcp   394       2,470      2
28   aur   391        1.12      3
29   myr   385        51.8      3
30    bc   382        6.15      6
31   mzc   376        30.2      2
32   pot   371         278      2
33   rdd   369         375      2
34   dgb   369         909      2
35  bits   331        9.79      2
36   vrc   312         762      4
37   bcn   302       2,140      2
38   cha   296           0      2
39 hyper   291         354      1
40   bbr   290         345      2
41   xmr   287      27,100      2
42   msc   259        22.5      2
43   bts   254      40,400      2
44  maid   252       2,550      2
45   xst   252         267      1
46  btcd   247         811      2
47   via   243       1,140      1
48   str   220       6,490      3
49  sjcx   211       1,600      1

A bunch of new coins on the list. Last time we did this, it was BTC plus 34 alts. Now, it's BTC plus 48 other coins.

I think I was pretty liberal with the 200 day cutoff. But, I figured, why not. Most of the coins near the bottom drop off in the next step anyway, so might as well show the data for them.

Probably not a scamcoin and possibly not a waste of your time. In addition to trading for at least 200 days, these coins have a recent daily volume of at least $10k.

Code:
  coin   age volume.usd n.exch
1  btc 1,700  4,820,000      5
2  ltc   976    154,000      2
3  drk   396     79,500      4
4 doge   455     76,300      4
5  bts   254     40,400      2
6  xmr   287     27,100      2

Last time, we had 9 coins on the list. We are now down to 6. Ignore the rest, focus on these.

I pull and merge data from lots of different exchanges. For a couple of coins (they didn't make the final list), I had to go to 6 different exchanges.

Others. People have asked me about these coins.

Code:
  coin age volume.usd n.exch
1  nxt 475      7,750      4
2  str 220      6,490      3
3 maid 252      2,550      2
4  xcp 394      2,470      2
5 opal 189        325      3
6 excl 171        233      2
7  max 404        159      3

None of them have a decent enough volume. Sorry. NXT has dropped off the list. Both NXT and STR are close to the $10k cutoff though. Next time, they might get on the list.

Previous versions.
* 2015-01-27: https://bitcointalk.org/index.php?topic=927144.msg10803514#msg10803514



Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on July 23, 2015, 05:41:37 PM
Check the OP for an update.

The list. BTC, LTC, DASH, DOGE, POT, NMC, BTS, ANC, XMR, XRP.



Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Za1n on July 23, 2015, 07:11:57 PM

A bunch of new coins on the list. First time I did this, it was BTC plus 34 alts. Then, BTC plus 48 other coins. Now, BTC plus 60 coins. The more we do this, the more coins can pass the 200 day cutoff.

I think I was pretty liberal with the 200 day cutoff. But, I figured, why not. Most of the coins near the bottom drop off in the next step anyway, so might as well show the data for them.




So why not raise the cut-off point instead of adding more and more coins to the list? I would think as time goes on and Bitcoin and the alts mature, we should be raising the bar, not lowering it. It's been about 6 months since you first posted this, why not re-run the calculations at 365 days as a cutoff point?


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on July 23, 2015, 07:51:19 PM
So why not raise the cut-off point instead of adding more and more coins to the list? I would think as time goes on and Bitcoin and the alts mature, we should be raising the bar, not lowering it. It's been about 6 months since you first posted this, why not re-run the calculations at 365 days as a cutoff point?

I have two criteria -- age and volume. When I use both of these criteria, the youngest coin on the list is actually BTS, at 382 days of age.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: klee on August 12, 2015, 02:42:13 PM
How often do you update the list?


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on August 12, 2015, 03:39:48 PM
Whenever I feel like it and have the spare time.

I've written a program to do most of the work. But it still takes time to download data on all the coins from all the exchanges, merge it, and then write up the post.

I might have some time in the coming days to do an update, though no guarantees.



Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: klee on August 12, 2015, 06:37:33 PM
Whenever I feel like it and have the spare time.

I've written a program to do most of the work. But it still takes time to download data on all the coins from all the exchanges, merge it, and then write up the post.

I might have some time in the coming days to do an update, though no guarantees.


I will PM you soon...


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on August 24, 2015, 02:43:11 AM
Hundreds of coins out there. Which ones should be on your radar? Here is the list.

I am not saying that these coins will go up or down. I am saying that they can at least be considered. They have been trading long enough (200+ days) that they are probably not scamcoins. Their recent daily volume is large enough ($10k+) that it's not a complete waste of your time to trade them.

The list. BTC, LTC, DASH, DOGE, POT, NMC, BTS, ANC, XMR, XRP. Read below for details. Last updated: 2015-07-23.

What do you guys think? Good list? Which of these coins do you like?

If you want me to consider adding another coin to this list, comment below. If the coin has actively traded on an exchange different than where it is actively trading now, let me know too.

Tables. Here is what I show in the tables below:
* age: the number of days since the coin started trading on an exchange. I think that if the coin has been trading for 200+ days, it's probably not a scamcoin. Could it still be a scamcoin? Sure. Are there some gems in the pile of shit that's been trading for less than 200 days? Possibly, but good luck finding them.

* volume.usd: recent daily volume of Alt/BTC, as measured in USD. (For BTC, it's the volume of BTC/USD.) Websites like coinmarketcap only give you today's volume. This is worthless just because a coin could have one hot day and then show up on their list. I am using the last month of data for determining current volume. I think that if a coin's daily volume is $10k or more, then it's not a complete waste of your time to try to trade it.

For BTS, most volume is in BTS/CNY, not BTS/BTC. (Anyone know why that is?) I merge BTS(X)/CNY to BTS(X)/BTC.

* n.exch: the number of exchanges from which I used data to construct a price series for this coin. I actually had to poll many more exchanges, to see if they had anything useful. And I had to clean all this data. Surprise, surprise -- lots of exchanges give you lots of shitty data. (This number is not accurate for BTS(X).)

Probably not a scamcoin. It's possible that these coins are not complete scams / shit. They've been trading on an exchange for at least 200 days.

Code:
    coin   age  volume.usd n.exch
1    btc 1,830   4,520,000      5
2    ltc 1,100   1,010,000      3
3    dvc 1,020        10.4      2
4    nmc 1,010      36,800      3
5    ppc   980         603      5
6    nvc   867       1,110      2
7    frc   819       0.506      3
8    ftc   815         257      4
9    trc   814         137      2
10   wdc   795         158      4
11   dgc   789         137      2
12   ixc   782        45.5      2
13   mec   763         957      4
14   anc   733      23,700      3
15   xpm   729         222      3
16   qrk   729       0.634      3
17   ifc   721         337      1
18   ybc   712           0      2
19   zet   690       0.303      4
20   nxt   603       6,380      4
21   pts   601        7.28      3
22  doge   583      89,900      4
23   vtc   535         510      3
24   max   532         538      3
25   xrp   524      10,700      5
26  dash   524     373,000      5
27   xcp   522       1,660      2
28   aur   519         268      4
29   myr   513        41.1      4
30    bc   510        14.7      6
31   mzc   504         123      2
32   pot   499      49,900      3
33   rdd   497         107      3
34   dgb   497       1,150      3
35  bits   459        73.5      2
36   vrc   440         794      4
37   cha   430           0      2
38   bcn   430       5,000      2
39 hyper   419         862      1
40   bbr   418         171      2
41   xmr   415      15,000      2
42   msc   387        36.2      2
43   bts   382      32,100      2
44  maid   380       8,420      1
45   xst   380         104      1
46  btcd   375         881      2
47   via   371         408      1
48   str   348       4,120      3
49  sjcx   339         362      1
50   pnd   334           0      3
51  ltcd   317        1.45      3
52  opal   316        92.8      4
53   nbt   304       6,600      3
54 unity   302        18.5      2
55  excl   299        11.8      2
56  fimk   294        8.38      1
57   nsr   276         558      3
58  util   273           0      2
59   vpn   250         498      2
60   xpy   221         526      3
61   blk   207       2,790      6

A bunch of new coins on the list. First time I did this, it was BTC plus 34 alts. Then, BTC plus 48 other coins. Now, BTC plus 60 coins. The more we do this, the more coins can pass the 200 day cutoff.

I think I was pretty liberal with the 200 day cutoff. But, I figured, why not. Most of the coins near the bottom drop off in the next step anyway, so might as well show the data for them.

Probably not a scamcoin and possibly not a waste of your time. In addition to trading for at least 200 days, these coins have a recent daily volume of at least $10k.

Code:
   coin   age volume.usd n.exch
1   btc 1,830  4,520,000      5
2   ltc 1,100  1,010,000      3
3  dash   524    373,000      5
4  doge   583     89,900      4
5   pot   499     49,900      3
6   nmc 1,010     36,800      3
7   bts   382     32,100      2
8   anc   733     23,700      3
9   xmr   415     15,000      2
10  xrp   524     10,700      5

Only 10 coins. Ignore the rest, focus on these.

I pull and merge data from lots of different exchanges. For a couple of coins (they didn't make the final list), I had to go to 6 different exchanges.

Previous versions.
* 2015-01-27: https://bitcointalk.org/index.php?topic=927144.msg10803514#msg10803514
* 2015-03-17: https://bitcointalk.org/index.php?topic=927144.msg11953682#msg11953682



Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: klee on August 24, 2015, 07:00:07 AM
SLL?


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on August 24, 2015, 01:16:55 PM
Whether you include SLL in your list is a judgment call. On the pro-include side, it has huge volume, it's had high volume for a long time, and it's been traded as long as the "old ones" -- LTC and NMC.

On the pro-exclude side, SLL is not a decentralized crypto currency. It's a digital currency controlled by a corporation.

Back to the pro-include side, the fact that there is real use demand for SLL, for playing Second Life, is unusual. There is typically no real life demand for shit coins, other than speculative. SLL price has been rising steadily recently. It went from 760 sats a year ago to 1580 today. You could have doubled your BTC by holding SLL for a year.



Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: klee on August 24, 2015, 09:01:06 PM
Whether you include SLL in your list is a judgment call. On the pro-include side, it has huge volume, it's had high volume for a long time, and it's been traded as long as the "old ones" -- LTC and NMC.

On the pro-exclude side, SLL is not a decentralized crypto currency. It's a digital currency controlled by a corporation.

Back to the pro-include side, the fact that there is real use demand for SLL, for playing Second Life, is unusual. There is typically no real life demand for shit coins, other than speculative. SLL price has been rising steadily recently. It went from 760 sats a year ago to 1580 today. You could have doubled your BTC by holding SLL for a year.


Second Life Lindens!!!  :D

Did not know what SLL stood for lol


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: Joe200 on August 26, 2015, 12:33:38 AM
I was really surprised by SLL too. Also surprised that they are not discussed more here, given how they've performed.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: MicroGuy on August 26, 2015, 02:13:26 AM
Hundreds of coins out there. Which ones should be on your radar?

I would probably pick the one with the best name, most resilient community, and most creative developer! :D


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: newrad on August 26, 2015, 02:32:57 AM
None of these altcoins are used for anything...... nobody uses them for transactions.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: pavan@hosur on August 27, 2015, 02:53:17 AM
what about cloak coin? why u not added?


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: kelsey on August 27, 2015, 04:14:40 AM
Hundreds of coins out there. Which ones should be on your radar?

I would probably pick the one with the best name, most resilient community, and most creative developer! :D

and as the OP suggests one with constant decent liquidity.


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: couer22 on August 27, 2015, 02:32:46 PM
Did you research BTCD, and if so, why did that not get included?


Title: Re: ✪✪✪ The cryptocurrency short list ✪✪✪
Post by: BitcoinNational on September 15, 2015, 05:35:33 AM
SLL?
came to say the same ... what is it?
where is this $10k everyday market?

---
"Trading coins with volume below $10k is a waste of time"
Disagree but will compromise that the term "Trading coins" can mean at least $10k any given day.
  

"ETH just came out. I wouldn't touch it"
agree but if you like risk you could still trade it cuz vol.

Trading Coins : BTC, LTC, ETH, DOGE, XMR, DASH, PPC, CLAM, MAID, BLK, BTS

sorry BTCD/NXT your numbers lack open markets and consistent vol.

another term would be instant liquid or "Quids"
Quids: BTC, LTC, ETH

and ETH will drop off, then return in vol on a crash down

and Nubits or something like it will likely join the "Quids"