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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!
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Quark zooming well out into the lead...
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Seems to me like 1-day accounts should still be allowed to announce coins... True, they may be highly likely to be shitcoins, but who knows.
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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.
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The value of any currency or commodity is simply the value that the market places on it.
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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!
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In light of the recent decimation of Auroracoin's value, ALTDEX 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
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Really excellent idea, reviewing all these altcoins and offering investment advice... Looks like this site may very well become the one-stop resource for Altcoin reviews, news and info.
And of course, many thanks for including the ALTDEX ticker at the top!
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I'm excited to announce that Altdex is now displayed and linked on a brand new Altcoin reviews/analysis/investing/news website called CoinsSource.com. Looks like their ANN thread is over here. Check their site out, it looks quite promising!
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Update: our About page now shows the components of the index, showing each altcoin's total percentage of the index.
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Due to popular demand, and to induce more stability into the altdex index, myself and a few associates have selected ten of the most prominent altcoins to make up the altdex index. These are: Litecoin Peercoin Dogecoin Nxt Auroracoin Namecoin Feathercoin Primecoin Novacoin Vertcoin Historical index data has been updated on altdex.org.
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NASDAQ for Alternative coins, love it.
That's the general idea, thanks!
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Definitely, that would be quite interesting. I'll probably develop the index and site more for a while, but I will certainly be looking into having exchanges trade futures on this index.
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FYI - if any users aren't seeing the data update once a minute, it may be due to a recent site DNS change. Windows users can flush their dns with "ipconfig /flushdns" (run as administrator).
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