sasha35625 (OP)
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July 21, 2015, 09:31:21 AM Last edit: July 21, 2015, 05:52:46 PM by sasha35625 |
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rocoloko
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July 21, 2015, 09:47:50 AM |
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Is this coin?
If not, How can i hold my investment safely? (hope not just on Poloniex)
What is the distribution model? (who owns all shares now?)
btw interesting concept
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2bacco
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The Smoker Friendly Coin 2BACCO
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July 21, 2015, 10:06:11 AM |
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The Current Composition, has 7 coins in it, repeated:
1- Litecoin 2- Dash 3- NXT 4- Dogecoin 5- Mintcoin 6- Bytecoin 7- BlackCoin (and those 7 then repeat twice below? but the start of your post says there will be 20 coins?)
Litecoin Dash NXT Dogecoin Mintcoin Bytecoin BlackCoin Litecoin Dash NXT Dogecoin Mintcoin Bytecoin BlackCoin
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Odd Thomas
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July 21, 2015, 10:23:13 AM |
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The Current Composition, has 7 coins in it, repeated:
Was an error in the OP. There are 20 coins listed here http://coinoindex.com/Litecoin Dash NXT Dogecoin Mintcoin Bytecoin BlackCoin Bitcoindark BitShares Monacoin Primecoin Namecoin Peercoin Startcoin Stellar Digitalnote Vertcoin Counterparty Monero Ripple Good choices and this is a long overdue thing.
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InceptionCoin
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July 21, 2015, 10:54:07 AM |
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So, CoinoIndex is coin-backed meta-asset: each Index is actually X Litecoin, Y Dash, Z NXT and so on. It's good idea, but we need guarantees: 1) please provide asset page where i can find number of tokens already in circulation 2) please provide more info on index, make it transparent how much Litecoin, Dash, NXT ... contained in one INDEX 3) please provide proofs from poloniex that they have this coins controlled. 2-of-2 multysig (one from you and one from poloniex) with statement from poloniex that they controll second privkey will be best. 4) Who control the NXT asset? We need guarantees that you cant just create zillion asset tokens without backed funds and dump it to the market.
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Skilled C++ and Python programmer. Looking around to create solid longterm coin by myself. Do you have any ideas? Feel free to PM me.
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sasha35625 (OP)
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July 21, 2015, 02:02:34 PM |
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Is this coin?
If not, How can i hold my investment safely? (hope not just on Poloniex)
What is the distribution model? (who owns all shares now?)
btw interesting concept
It is an asset, that is a blockchain token. You can hold it 100% secure by storing it in your NXT client (provided you take good care of your password of course) Most of the shares are in escrow provided by Poloniex staff.
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sasha35625 (OP)
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July 21, 2015, 02:05:23 PM |
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The Current Composition, has 7 coins in it, repeated:
1- Litecoin 2- Dash 3- NXT 4- Dogecoin 5- Mintcoin 6- Bytecoin 7- BlackCoin (and those 7 then repeat twice below? but the start of your post says there will be 20 coins?)
Litecoin Dash NXT Dogecoin Mintcoin Bytecoin BlackCoin Litecoin Dash NXT Dogecoin Mintcoin Bytecoin BlackCoin
Apologies. Fixed now.
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sasha35625 (OP)
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July 21, 2015, 02:15:18 PM |
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So, CoinoIndex is coin-backed meta-asset: each Index is actually X Litecoin, Y Dash, Z NXT and so on. It's good idea, but we need guarantees: 1) please provide asset page where i can find number of tokens already in circulation 2) please provide more info on index, make it transparent how much Litecoin, Dash, NXT ... contained in one INDEX 3) please provide proofs from poloniex that they have this coins controlled. 2-of-2 multysig (one from you and one from poloniex) with statement from poloniex that they controll second privkey will be best. 4) Who control the NXT asset? We need guarantees that you cant just create zillion asset tokens without backed funds and dump it to the market.
Please check coinmarketcap listing: http://coinmarketcap.com/assets/coinoindex/Coins are held in equal proportions now. As for the proof of reserve - currently Poloniex is working on public API call which will provide the coin balances in our account. Eventually we will move to a transparent cryptographic proof of reserve. Most of the issue is escrowed. All asset moves are transparent, so investors can control the total outstanding asset amount.
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sasha35625 (OP)
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July 21, 2015, 02:17:04 PM |
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It is chosen according to current trading volumes and coinmarketcap, the idea is to make the choice completely transparent The Current Composition, has 7 coins in it, repeated:
Was an error in the OP. There are 20 coins listed here http://coinoindex.com/Litecoin Dash NXT Dogecoin Mintcoin Bytecoin BlackCoin Bitcoindark BitShares Monacoin Primecoin Namecoin Peercoin Startcoin Stellar Digitalnote Vertcoin Counterparty Monero Ripple Good choices and this is a long overdue thing.
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sasha35625 (OP)
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August 09, 2015, 03:20:45 PM |
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Ethereum and GameCredits are the new entries this week
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BlackPanda
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August 10, 2015, 03:27:18 PM |
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do you have YOVI coin ?
I have pretty much Yovi coin, but it is very difficult to find a buyer in exchange only .. very unlucky
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marcos19
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August 10, 2015, 08:49:36 PM |
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Ethereum and GameCredits are the new entries this week
I would like to know more details about the price levels of each and every buy. Furthermore some details when exactly the top 20 is refreshed. Basically I want every transaction transparent and open to the public.
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fsb4000
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August 15, 2015, 10:11:01 PM |
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Why such a big difference between the real price and the indicated on the site? 0.45BTC and 1.099BTC?
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fitinplace
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August 19, 2015, 12:02:53 AM |
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Will you add Triangles? triangles.technology ty for your consideration
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gilangIDR
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August 19, 2015, 05:42:17 AM |
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coinoindex is an investment that combines 20 coins crypto currency? I just know that if true
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sasha35625 (OP)
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August 19, 2015, 06:24:22 PM |
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Yes, exactly. This is top 20 coins combined in one.
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tyz
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August 20, 2015, 03:06:29 PM |
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Okay, three questions: Does it mean that it is like an ETF (exchange traded fund)? If so, are the coins of the index replicated only or do you really own the coins? Last but not least, are the coin weighted equally?
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sasha35625 (OP)
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August 22, 2015, 04:28:29 PM |
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Okay, three questions: Does it mean that it is like an ETF (exchange traded fund)? If so, are the coins of the index replicated only or do you really own the coins? Last but not least, are the coin weighted equally?
yes, this is ETF for cryptocurrencies, exactly. So the index is backed by real coins, which enter the index equally at the index launch, each one had 5% share. Then their price fluctuates, so a coin can have weigh more or less than average. Also if a coin drops from top 20 it is sold and a new coin is bought.
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tyz
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August 23, 2015, 08:21:40 AM |
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Sounds great! i had the same idea some time ago. i would weight the coins based on their volatility. Coins with less volatility should be weighted more. That would be the ETF more stability in a instability cryptocurrency world Okay, three questions: Does it mean that it is like an ETF (exchange traded fund)? If so, are the coins of the index replicated only or do you really own the coins? Last but not least, are the coin weighted equally?
yes, this is ETF for cryptocurrencies, exactly. So the index is backed by real coins, which enter the index equally at the index launch, each one had 5% share. Then their price fluctuates, so a coin can have weigh more or less than average. Also if a coin drops from top 20 it is sold and a new coin is bought.
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marcos19
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September 03, 2015, 11:12:36 AM |
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I would like to know the same.
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