Bitcoin Forum
May 10, 2024, 08:05:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Starting a new site called CoinRatios.com  (Read 526 times)
ko2a (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
January 20, 2014, 08:47:16 AM
Last edit: January 20, 2014, 09:03:09 AM by ko2a
 #1

Heyllo,

I am starting up a new sight which watches the various prices of bitcoin and altcoins and compares the ratios not only between them but between other various asset classes as well.  

I am wondering if any of you think this would be a good service to ad and that would bring value to the community?

Currently I am working to include historical ratios between bitcoin<-->altcoins.  

I plan to add ratios between PM's (precious metal prices) along with other major indexes in the future. but i dont want to get to far ahead of myself.

wondering if you think this would be of value to you or anybody..

If so wondering what types of features you think would be valuable to include?

Thanks dudes and dudettes.. you allz rock... seriously

ko2a
1715328334
Hero Member
*
Offline Offline

Posts: 1715328334

View Profile Personal Message (Offline)

Ignore
1715328334
Reply with quote  #2

1715328334
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715328334
Hero Member
*
Offline Offline

Posts: 1715328334

View Profile Personal Message (Offline)

Ignore
1715328334
Reply with quote  #2

1715328334
Report to moderator
homealone
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
January 20, 2014, 09:06:51 AM
 #2

It sounds like a project but in the real time what does it benefit users? That i have wondering
ko2a (OP)
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile WWW
January 20, 2014, 09:21:42 AM
 #3

Basically it allows more insight into the historical extremes (high/lows) of crypto currencies trading against oneanother.  I know its somewhat impossible to predict where a currency will go next (weather it increases in value or decreases) but at least it will add more insight and visual as to where cryptocurrencies may stand in current value compared to one another "historically"  it is similar to the way that the gold/silver ratio works.

Also I want to include data points on the current hashrates and difficulties of coins compared to one another, this way we might be able to get an idea of which coins are currently being undermined or may have a higher reward for processor power compared to others. 

I think it would be cool anyway.. for the longterm though is where the value would really come into play i believe.     
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 20, 2014, 09:43:44 AM
 #4

Sounds interesting.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!