What happened with top10 coins after BTC halving

[Febo]

           9 July 18:00  17 Oct 18:00    Difference

ETH      0.01719018   0.01862147       108.33%
XRP      0.00001005   0.00001246       123.89%
LTC      0.00634460   0.00605312         95.41%
XMR     0.00298123   0.00938469       314.79%
DASH   0.01134260   0.01650759        145.53%
MAID    0.00010370   0.00013874       133.79%
NEM     0.00001260   0.00000586         46.51%
DOGE   0.00000041   0.00000034         82.93%
FCT      0.00214145   0.00382395       178.57%
LISK     0.00042405   0.00028101        66.27%


I used top coins from coinmarketcap by today's capitalization. Only those that are traded on Poloniex and only those that was traded at Bitcoin halving there. So ETC, Augur, Steem, DigixDAO, Waves and Gulden was cut from the list because of one of the reason I posted in previous sentence.

[Emperor of Man]

Monero had more than 10x pump if you bought it at bottom a few months ago and sold at top (which is a hard thing to do of course! lol). It's only %314 because the altcoin market is bleeding these days.

Strange to see NEM in these levels too. Personally didn't think it will ever go below 1000 again.

[alyssa85]

You've got the returns for the doge wrong. It has fallen in value.

[K1lo]

The problem is you can't easily correlate these price changes to the BTC halving. People have known about this for some time prior and to an extent this was factored a bit into the price. Additionally, there have been a number of pumps and market lead fluctuations as already noted.

As a result, sorry to say, but I don't think your figures show anything meaningful.

[Shiroslullaby]

Its interesting to look at the XMR price.
Everyone is saying the coin is dying because of the drop in value, but its actually 3x the price it was just a few months ago.
Not bad when you look at it from that perspective.

[Febo]

You've got the returns for the doge wrong. It has fallen in value.

Yes it has 85% of its value. so is fallen for like 20%

The problem is you can't easily correlate these price changes to the BTC halving. People have known about this for some time prior and to an extent this was factored a bit into the price. Additionally, there have been a number of pumps and market lead fluctuations as already noted.

As a result, sorry to say, but I don't think your figures show anything meaningful.

Bitcoin halving is an meaningful date. Many sold their alts to hold BTC since expected BTC will go up. I actually think is most meaningful date of all but 3 months is just short period of time, so all price changes coins had show way to much.  I will do same at new year, it will look more clear.

[spartak_t]

You should see this: https://twitter.com/dangermouse117/status/788365674988961792

[PremiumCodeX]

I see that alot of them changed for the better in value, but each of their change was significant. I would attempt to make a stable coin with a large amount in circulation so a lot of people would enjoy using it. I could not name a really stable altcoin, even among the top10, these days.

[kiklo]

You should see this: https://twitter.com/dangermouse117/status/788365674988961792

LOL,
BTC is a sucky investment and has been since 2013, when it maxed out ~$1200 per coin and ~3 years later it is barley holding at half.

Alts are the place to make the biggest bang for the smallest investment.
Yes the risks are greater , but so are the rewards.

Example evergreencoin,
http://coinmarketcap.com/currencies/evergreencoin/#charts

I made over 5 times what I put into it and cashed out (all in less than 8 months.)   
BTC would have to go to $3000 per coin for me to see that rate of return.

 

[Cryptotraider16]

here is better chart!

https://www.worldcoinindex.com/

[spartak_t]

snip

I don't do that, because I find it as a hypocrite way to earn money + in this way you are supporting pumps and dumps. And I can tell you that I know A LOT about this "game". You should understand that these actions are risking the future of cryptocurrencies (regulations, bans etc.).