Balthazar
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May 07, 2013, 03:08:13 PM |
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It's xorxor's topic at free forum. He able to do what he want. If you don't like this then you are free to create your own topic.
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mr_random
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Activity: 1344
Merit: 1001
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May 07, 2013, 05:30:16 PM |
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I vote for ordering them all by market capitalisation. It's the only objective measurement. If it was sorted by popularity and topic discussion here namecoin wouldn't feature high. If it was by price novacoin would be second etc.
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jimhsu
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May 07, 2013, 06:44:11 PM |
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As I said, I "mined" 1 billion coins - so therefore they are on the market.
A better measure is the trade volume which has gone through exchanges. I can make a 10 billion market cap cyptocurrency by buying $10,000 worth of coin. However if we measure on volume, then all we see is "$10,000 traded in the currency on exchanges" which is a much better measure.
But I think there should be more than one measure - and I'm happy to discuss ideas if you're open to it.
edit: just checked the volume - highest volume I can see was 7.5BTC worth in a day.... that is frankly laughable.
That's reasonable, but doesn't account for the actual "use" of bitcoin and hopefully altcoins (that is, as a currency to purchase goods or services, or to provide goods or services). Also, this substantially underestimates the proportion of altcoins in dark pools and other private exchanges (only relevant for bitcoin right now). Hence, my suggestion to use a velocity calculation (consider only coins that have been transferred between n wallets in a time frame of t). Sure, this is "exploitable" by wallet holders and change addresses, but it's a start.
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Dans les champs de l'observation le hasard ne favorise que les esprits préparé
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xorxor (OP)
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May 07, 2013, 08:33:10 PM |
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It's xorxor's topic at free forum. He able to do what he want. If you don't like this then you are free to create your own topic. I dont see it that way, I welcome every criticism. thats why I created a poll to keep or degrade PPC. I'm trying to treat this as a public service, if my list would not be balanced, if I even slighltly hurt or promote some coin, that would be a reason to make another one, and therefore creating oportunities for manipulations. That means, the only way to keep it as a main and one list, I need to listen to everyone, and if they do not like my explanation, move to democracy moves - thats not the best, but at least keeps the list a trusted one.
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fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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zero3112
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May 07, 2013, 10:39:13 PM |
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You listed PPCoin as "major" - that's a bit of a joke.
Why is it a joke I like the coin?
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kjlimo
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Activity: 2114
Merit: 1031
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May 08, 2013, 08:07:56 AM |
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Right lets put it another way - only a very small percentage of mined coins are for sale on the exchange, a $5000 investment ramps the market cap by $20+million - its not unheard of, it happens. This is why market cap is not a good measure.
ok, what measure would you like to use? And is it assumed that market cap is what we're using to measure "major" coins? Public float. Public float for companies excludes shares held by "company officers, directors, or controlling-interest investors". This accounts for the fact that insider shares are not traded (an approximation), and therefore "don't contribute" to the actual capitalized value of the company. Now the definition for "insider" is a bit more difficult in crypto, but an approximation would be authors+friends+associates. Maybe a velocity calculation that counts age of coins in every single wallet? A) Good luck defining that in this world B) I disagree... those insiders are choosing to hold some, while their employment contracts may require them to hold others... either way, cryptocurrencies have no such requirements. As I said, I "mined" 1 billion coins - so therefore they are on the market.
A better measure is the trade volume which has gone through exchanges. I can make a 10 billion market cap cyptocurrency by buying $10,000 worth of coin. However if we measure on volume, then all we see is "$10,000 traded in the currency on exchanges" which is a much better measure.
But I think there should be more than one measure - and I'm happy to discuss ideas if you're open to it.
edit: just checked the volume - highest volume I can see was 7.5BTC worth in a day.... that is frankly laughable.
Please give more info... are you referring to one coin? one exchange? https://vircurex.com/ had over 200 BTC worth of volume trading alt coins today...
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12gaFacelift
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May 08, 2013, 02:48:29 PM |
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since only some person can mine coin made only for people who know all about computer then why dont have your ELITE list with that?
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Bicknellski
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May 08, 2013, 02:48:47 PM |
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I vote for ordering them all by market capitalisation. It's the only objective measurement. If it was sorted by popularity and topic discussion here namecoin wouldn't feature high. If it was by price novacoin would be second etc.
Correct. +1
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xorxor (OP)
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May 08, 2013, 02:58:23 PM |
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since only some person can mine coin made only for people who know all about computer then why dont have your ELITE list with that?
what?
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fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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jlspartz
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May 09, 2013, 05:24:11 PM |
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I think there should be another label/grouping for copycats to preserve the value of legit alternate currencies as we see more and more. Classification would be pretty distinctive - If it offers nothing new except lower difficulty to start and if only coin and block amounts are changed than its not innovative and they just took someone elses code and changed a few parameters to release it under a new name. It would give a baseline to anyone just entering the market - delineating between the true alternates and clones, giving the clones less traction and empowering the alternate coins who actually worked hard on coming up with a new innovative approach, thus leading the new masses of tomorrow to the good ones.
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Bicknellski
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May 09, 2013, 05:33:14 PM |
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I think there should be another label/grouping for copycats to preserve the value of legit alternate currencies as we see more and more. Classification would be pretty distinctive - If it offers nothing new except lower difficulty to start and if only coin and block amounts are changed than its not innovative and they just took someone elses code and changed a few parameters to release it under a new name. It would give a baseline to anyone just entering the market - delineating between the true alternates and clones, giving the clones less traction and empowering the alternate coins who actually worked hard on coming up with a new innovative approach, thus leading the new masses of tomorrow to the good ones.
+1 The market is now flooded with knockoff coins. Keeping a list beyond 20 coins seems fruitless.
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justabitoftime
Full Member
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Activity: 154
Merit: 100
CoinTropolis
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May 10, 2013, 03:51:01 AM |
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At least I'm willing to admit I'm extremely biased. I think community involvement and development should factor into the equation.
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Dacm4n
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May 10, 2013, 07:59:53 AM |
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I think Mincoin has earned it's way into the minor category. It has it's own dedicated exchange (that's big for an alt-coin), and it's value has been very stable compared to the other coins released around the same time. If Feathercoin is a minor Mincoin should be one as well in my opinion.
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MrWizard
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May 10, 2013, 10:52:56 AM |
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I think Mincoin has earned it's way into the minor category. It has it's own dedicated exchange (that's big for an alt-coin), and it's value has been very stable compared to the other coins released around the same time. If Feathercoin is a minor Mincoin should be one as well in my opinion.
You say "dedicated exchange" I see minor exchange with LTC/BTC, SC/BTC, MNC/BTC traded. You compare it to Feathercoin, I see Feathercoin's market value 10 times Mincoin's. I don't wish Mincoin ill, but it is one-third the market value of CHNCoin and CHNCoin is not minor yet.
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"I walked into the room dripping in Bitcoins. Yea dripping in Bitcoins." (BTC) 168DCCeGmDy3xTWRimLVhvKtK3yEWbpsSg (LTC) LbYS8VFqFSU7B9bfaHD11seQMtrtYEKpLe (BBQ) bNVZErvwLzpEG7H3kt1fycWspzRQB1MJzL
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ghostlander
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Activity: 1242
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No surrender, no retreat, no regret.
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May 10, 2013, 10:55:25 PM |
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FTC retargets currently every 2016 blocks like BTC and LTC.
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xorxor (OP)
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May 10, 2013, 11:22:03 PM |
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FTC retargets currently every 2016 blocks like BTC and LTC. corrected, thank you
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fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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devilfish
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May 11, 2013, 02:19:37 AM |
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xorxor thanks for putting so much work into organizing this. With all the new coins, finding the relevant info is becoming a pain in the a**. Thanks again for making it easier.
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snailbrain
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Activity: 1807
Merit: 1020
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May 11, 2013, 05:04:00 PM |
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should PPC be major..
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jlspartz
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May 12, 2013, 04:54:02 AM |
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should PPC be major..
Yes
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