Activity mining refers to people making one-line vaguely-on-topic (just enough so that they don't get deleted) comments on the forum so their activity and rank increases and they can sell their account for a higher price. The people/bots doing this aren't really paying attention, so they usually don't participate in the conversation or answer questions. It is usually best to just ignore them although reporting to the forum mods is an option (they are overworked and have to prioritize more serious abuse so this often doesn't accomplish anything). The practice is rampant and has been going on for years.

(previous comment above this one also)

That activity mining pretends to be real.

Likewise Peter

@NeuroticFish

0% maker fee isn't really a big deal, and not uncommon. It just means that the other side of the trade is paying more of the total fee on the trade. What matters (with respect to wash trading) is whether the sum of both sides is zero. I have no idea whether that exists on Bitthumb but the screen shot doesn't show it.

When your node gets forked off the network. Since the entire network is synchronized and massively replicated, there is enormous redundancy and inherent error checking.

There is no real need to introduce additional redundancy or error checking at the node layer, although for a high availability service you might want to run multiple nodes and introduce some middleware to ensure they are in sync.

Except that there never were many real Bytecoin fanboys. It was mostly paid shilling/trolling, which is why most of those accounts including OP are now inactive (contract expired).

Current portfolio value 113749 USD (+15%)

Every coin is up except BTC

Best:

BCH: +56%
ETC: +50%
DASH: +27%
STR: +27%

Worst:

BTC: -6%
STEEM: +3%
XRP: +5%
STRAT: +6%

Note: STR = XLM

Only historical reasons. I use some custom code to analyze market data that doesn't support bittrex yet. I will likely add support for bittrex and the assets that trade there in coming months.

I'm not so sure about that. Remember 9 million coins were mined (and likely a large fraction of that dumped onto the market) over the first 18 months. Someone wanting to accumulate not even 10% of that could probably do so at a good steady rate without ever clearing the book (in fact possibly without ever making a market order).

Anyway, it doesn't really matter.

Remember at one point XMR was under 25 cents. 700k would not have been a particularly large position for even a moderately high net worth individual.

No, that's why it is called a fantasy portfolio.

I do own some of them but my actual holdings are not allocated according to this portfolio. This thread is paper trading

Nothing to verify, they admitted it. There is dilution and dumping to fund expenses by the team so it is probably a lot lower than that now, although realistically most claims about distribution (on all coins that make such claims) are nonsense since you can't tell who actually owns or controls which accounts/addresses.

It's not random.

As I noted above all coins have been quite correlated with each other meaning it doesn't make as much difference as you might think which coins you hold. The more important decision is how much to hold in cryptocurrency assets as a whole. At this time the holistic factors going into the portfolio construction don't favor ETH (in that the expectation, which could turn out to be right or wrong, is that if ETH were to move up strongly, other coins would too).

XRP is a bit of an outlier. Unlike most of the others which are at least somewhat grass roots projects that derive, vaguely from Satoshi's tradition of working to build an alternative to traditional finance (though some with ICO, etc. fundraising and a formalize development organization, some not), XRP is issued by a company that holds a large portion of its supply and that company is backed by serious venture capital and has experience professional management. Its strategy and target market, at least short term, is making partnerships and deals with existing banks and similar regulated businesses. In short, it is a completely different animal from most other coins when it comes to economics. Diversification within that category might make sense if there were other candidates, but there mostly aren't. (Stellar Lumens is arguably in a similar strategic position and indeed we have 10 STR in the portfolio, so we might say that "potentially-disruptive cryptocurrencies" make up 46% and "bank coins" make up 54% of which 81% is XRP and 19% is STR.)

@guystyles ETC is only included at 1% which might as well be rounding error. I don't think it is worth paying much attention to at this point, but maybe in the future the allocation will move higher. We'll see.

To be clear this is neither an ICO portfolio nor a non-ICO portfolio. Some of the coins in the screening universe are ICO such as ETH/ETC and STRAT (I think) and probably some others.

The primary criteria here are high market cap and liquidity. This is needed to be able to adjust the holdings periodically without it being impractical/expensive to actually make those trades.

ZEC and DASH (both considered privacy coins) are included, though currently low weight. XMR is included in the universe but currently has zero weight.

Monero is considered as part of the universe, but happens to have 0 allocation right now. Stellar Lumens is included with 10% allocation. My Poloniex-based workflow uses the old STR symbol.

IOTA and WAVES are not for technical reasons because my analysis process currently requires Poloniex listing, but that requirement may be removed later.


There is a relatively high correlation between most coins which means diversification between coins is of relatively little importance. Of course there is always some value in it, and generally speaking diversification and balance are important. I definitely favor diversification between crytpo assets and non-crypto assets, where the correlations are lower. In particular, even if you are the biggest crypto bull ever, you should still have some non-crypto investments for balance IMO.

This has a lot of potential but still needs to be better evaluated.

https://www.reddit.com/r/Monero/comments/7au6ry/bulletproofs_efficient_range_proofs_for/

I'm currently investing zero actual funds according to this allocation, but I'm going to track its performance here for a while. I will probably update the allocation targets monthly. The goal is to maximize performance and minimize risk when measured in USD terms.

The intent is to limit the universe to reasonably liquid coins (approximately top 20 by market cap) which can handle entry and exit of significant size positions. (For technical reasons it is currently limited to coins trading on Poloniex, though that restriction may be removed.)

If you find it interesting or want to follow along on paper or with real funds (this not a recommendation; do your own research and invest at your own risk), then welcome to the thread.

XRP 44
BCH 15
BTC 12
STR 10
LTC 7
STRAT 4
STEEM 3
ZEC 2
ETC 1
DASH 1

Assumed initial value 99 000 USD.

Reference USD values:

XRP 0.20
BCH 607.3569379
BTC 7174
STR 0.02754816
LTC 54.716098
STRAT 3.11882476
STEEM 0.89875872
ZEC 226.19987874
ETC 11.57474682
DASH 270.10102826

Self-moderation will be only used to keep the thread on-topic (already a forum rule) more actively than forum mods have time to do.