Bitcoin Forum
May 07, 2024, 07:31:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 »
541  Economy / Service Announcements / Re: [PRE-ANN] Coinoindex.com - cryptocurrencies industial average. on: May 28, 2015, 09:59:24 AM
Coinoindex asset is available for sale at fixed price now, the index will be reset on the first of June. The asset sell price corresponds to 1 BTC value in NXT. So if you buy it before the index launches you can see how 1 BTC investment it top 20 alts evolves over time.
NXT AE asset ID: 13634675574519917918
542  Economy / Service Announcements / Re: [PRE-ANN] Coinoindex.com - cryptocurrencies industial average. on: May 21, 2015, 11:05:51 AM
The Index will be officially launched at the first of June 2015. Portfolio will be updated and Index reset to 1000. Starting from the next week you'll be able to buy corresponding Index asset at AE. Its value will be tied to BTC price, and will correspond to 1 BTC. It makes sense to buy the asset before the Index launch if you want to track how one BTC investment will perform. After the Index launch the asset sell value will reflect the current Index performance.
543  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members on: May 18, 2015, 09:48:27 AM
Some good news is on the way, stay tuned Smiley
544  Economy / Service Announcements / [ANN] Coinoindex.com - cryptocurrencies industial average. on: May 18, 2015, 08:30:17 AM
I believe cryptocurrency industry is mature enough to have its own Dow-Jones index. Coinoindex.com will track the performance of top 20 alternative cryptocurrencies (in market capitalization) relative to Bitcoin.
The rules of index calculation:

- Top 20 altcoins by market capitalization are selected. Tracking assets ("pegged") such as CoinoUSD or NuBits are excluded. Also each of them has to have a trading volume over $1,000 during last 14 days.
- Each coin has an equal weight in the overall portfolio. I do not think that weighting by capitalization makes sense, since it can be easily pumped artificially (see Ripple Auroracoin and so on). Since the index is an analogue to Dow-Jones rather than S&P index.
- The price of the portfolio of 20 coins relative to BTC is calculated and updated every minute. The initial index value is set to be 1000. So the index value tracks the performance of 1000 BTC investment in a selection of 20 altcoins.
- Each week the portfolio is updated based on current market capitalizations. If a coin drops from top 20 list it is replaced by a new one which entered the list, the overall portfolio is rebalanced taking into account equal shares of each coin.

You can see current Coinoindex values and its composition at Coinoindex.com (this is preliminary set from two weeks ago, it will be updated after official launch)
 I estimate that the altcoin market will demonstrate superior performance relative to BTC price, just as S&P and Dow-Jones indexes perform better than USD on which there are based (look at Dow Jones for example http://www.macrotrends.net/1319/dow-jones-100-year-historical-chart). It works like investing in so called Index funds in traditional sense, you can invest in a mutual fund which tracks S&P performance, for example.

The Index is traded against  BTC at Poloniex.com exchange: https://poloniex.com/exchange#btc_index

Aslo the Index Asset is traded at NXT Asset Exchange (and maybe some other exchanges afterwards), the costs for running the index will be covered by the market making spread for buy-sell orders at AE. The launch is planned in about a week. Before the launch the index will be set to 1000 again.

If anything is not so clear please ask.
545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SuperNET trades on Poloniex as UNITY, asset id 12071612744977229797 on: May 15, 2015, 08:05:35 AM
Why do you ask? Don't you want to use exchanges?

Not sure what you mean here.

Given that it's all integrated, I'm not sure why you're asking. What's the downside?

I'm wondering if SuperNET can be used without a centralized/distributed service like Coinomat or MGW.
Potentially SuperNET is completely decentralized, but it sure takes time
546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2015, 02:21:09 PM
Bitcoin is no longer an investment vehicle, which I find to be all right. If you call it money then it can't really be used as an investment. What happened to Bitcoin at MTGOX times is a black swan and a fluke, what happens now is the way it should be.
Current BTC price easiliy supports current BTC transaction volume, no fundamental reason for it to grow. Merchant adoption will lead to sell pressure and can be good for the price only in the long run.
547  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [NXT AE] MMNXT - market making and arbitrage fund for NXT AE. on: April 10, 2015, 08:24:44 AM
Regular dividend has been paid.
We're the third most traded asset at NXT AE.
548  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [NXT AE] MMNXT - market making and arbitrage fund for NXT AE. on: March 27, 2015, 07:10:59 AM
weekly dividend has been sent. Currently monthly profit is in the range of 4%. Launching spread trading bots soon, stay tuned.
549  Economy / Services / Need a signature design on: March 23, 2015, 01:44:56 PM
Looking for a designer who could make a signature for a sig campaign.
Please PM.
550  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [NXT AE] MMNXT - market making and arbitrage fund for NXT AE. on: March 16, 2015, 09:38:28 AM
I picked some of these up and got some small dividends. Might add more later. Thanks you for the update!
well, it's not so small Smiley
thank you for being with us anyway.
551  Economy / Speculation / Re: IBM looking at adopting bitcoin technology for major currencies on: March 13, 2015, 08:21:37 PM
I'm surprised that it took them so long, but it's inevitable, expect some major bank launching its blockchain within a couple of years.
I hope CoinoUSD will go down in history as one of the first attempts to connect Fiat to Crypto, though.
552  Economy / Economics / Re: Bitcoin or gold? on: March 13, 2015, 08:14:54 PM
Gold and Bitcoin are in the same boat, if world financial system collapses they both will survive. All "paper" currency will be gone.
553  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [NXT AE] MMNXT - market making and arbitrage fund for NXT AE. on: March 13, 2015, 08:32:18 AM
We crossed 50 K NXT per week profit. I remind you that mmnxt shares can be bought at NXT AE, Polo. If you need it in bulk you can contact me directly through PM.
554  Other / Off-topic / Re: Better Call Saul - Win or Fail? on: March 10, 2015, 08:47:45 PM
Feels way to unrealistic at times.
555  Bitcoin / Bitcoin Discussion / Re: Could the Federal Reserve Issue Their Own Cryptocurrency? on: March 10, 2015, 08:06:43 PM
They will. Most probably in not so a distant future.
556  Economy / Services / Re: Looking for serious social media/forum promoters. on: March 03, 2015, 06:18:39 AM
up
557  Economy / Services / Looking for serious social media/forum promoters. on: March 01, 2015, 12:23:54 PM
We're looking for experienced pr-specialists with a record of successful cryptocurrency-related promotion campaigns. Ideally we'd like to outsource social media and forum promotion to a team of experts.
We're launching several cryptocurrency related projects, and aim for long term cooperation. Looking for a team to work with for years. Please PM.
558  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Thread - Redemption ends[Updates&Discussion] on: February 28, 2015, 12:02:46 PM
Late redeemer here, we've got around 1 NEMstake and  the offer is very direct - please help us redeem it and we'll have NEM integrated at coinomat.com (I'm coinomat.com owner). We wanted to do it anyway, but still it would be very nice from NEM community if that could be done. I lost track of NEM developments a little, my bad Sad
559  Economy / Securities / [Pre-ANN] Cryptoasset.fund - first legal crowdfunding on NXT Asset Exchange on: February 19, 2015, 09:42:03 AM
We are starting a legally registered fund which invests in cryptocurrency related projects. The fund registration has been started in an offshore jurisdiction, it will have an investment license and will serve as an umbrella fund for a number of projects traded at NXT AE.
We have already had several successful crowdfunding campaigns, including Coinomat.com and MMNXT crypto trading fund crowdfundings.

The fund launch is planned for March, 2015.

The fund structure

The fund will exist as an asset on NXT Asset exchange. It will hold and invest in other assets on NXT AE. The fund will pay dividends in its sub-fund assets only, there won't be payments in NXT or Bitcoin in the form of dividends. The profit obtained from the assets, held by the fund, will be used to boost the market value of the fund.

Subfunds

The exact subfund structure at the fund launch is being worked on now; please see the list of the projects to be launched in the upcoming months below.

Also we will be accepting new projects before launch. If you want your project to become a part of Сryptoasset fund we're always open to discussion.

Fund operation

There will be new sub-fund issues so the fund will attract additional funds in future. Fund operators renumeration will be based on  NAV fund growth. Periodically dividend paymens in the form of sub-fund assets will be made, the exact share of the assets paid as dividend and held by the fund will be decided on for each subfund separately in order to maximize the fund net asset value.

Legality.

It will be possible to be included in the shareholder registry officially. Shareholders will have to provide their personal information for that. Fund audit by a third-party is also considered to be implemented.

We're building up our portfolio now, the official launch of the first fund project is scheduled for March. The shares of the fund itself will be offered a little later, most probably in April.

We plan to launch approximately one project per month. We concentrate on businesses which use existing Bitcoin, NXT and other crypto infrastructure, I think it's important to use to a full extent the possibilities which crypto already offers, along with developing new cutting edge tech. We will launch such projects too but the emphasis is on giving existing business models a new spin using cryptocurrencies.

Currently in the pipe-line:

- Crypto-messanger Morze.us with integrated lite crypto client and fiat transfer.
- Social network with integrated cryptocurrency-based remittance services. Imagine a hawala system (google it) based on crypto.
- Debt platform based on NXT. It will allow to issue and trade debt obligations, backed by crypto or other assets.
- Index fund based on top performing crypto, will trade at NXT AE.
- forkpay.net - merchant plug-ins for cryptopayments, Coinomat integrated

Several other projects are being negotiated about. The above mentioned projects all have active developers and are either in Beta or close to launch.

Always ready to discuss your ideas about the projects we could do together. Legal structure will be quite flexible, we're striving to make a compliant fund in most jurisdictions.
560  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [NXT AE] MMNXT - market making and arbitrage fund for NXT AE. on: January 30, 2015, 10:33:25 AM
Weekly dividend has been processed.
Shares can be bought at Poloniex.com (ticker mmnxt) and at NXT AE exchange (MMNXT asset)
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!