ALT19 Index calculating
7 constant coins included:
Litecoin - 20%
Namecoin - 12%
Novacoin - 7%
Terracoin - 7 %
Peercoin - 7 %
Feathercoin - 7 %
Primecoin - 7 %
+ 12 variable coins (Worldcoin, Quark, Doge, Digital... a composition is changeable but it's weighted to match previous index values when there is any change)
Calculating is in BTC. First value is 100.
Care to share why % are fixed?
As someone who has designed Alt indices... this approach is worthless.
You are locking coins that were relevant in 2013...
Because you are too lazy to develop a "rolling index" that would actually track the Alt Market.
All market indices remove stocks every month... and add stocks every month...
Your index is the equivalent of weighting "pets.com" from 2001 at 7% in 2015.
Also, you obviously do not trade interesting new coins... where all the action is.
