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Author Topic: [ANN] CoinGecko.com - 360 Degree Cryptocurrency Valuation and Ranking  (Read 88000 times)
bobster (OP)
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April 08, 2014, 01:58:17 PM
Last edit: May 07, 2019, 10:40:06 AM by bobster
 #1



What does CoinGecko do? Cheesy


Hello everyone! We are CoinGecko – a cryptocurrency data aggregation website that has been offering unrestricted access to the world's most comprehensive cryptocurrency market database since 2014.

Here at CoinGecko, we provide a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko also tracks community growth, open-source code development, major events and on-chain metrics. We have the most comprehensive data for the crypto market with over 4,000 different cryptocurrencies tracked from over 300 different exchanges worldwide.

One of our core aims is to democratize access to crypto data as we believe that it will be beneficial for development of the space as a whole.
We want to enable those who build in the crypto space - power your application with CoinGecko's API at no cost to you. Leave the hard, data work to us!


A look at CoinGecko
(Day or Night mode, we've got you covered!)


Homepage - Market Information at One Glance



Coin Overview - All you need at one glance



Price Charts - 24h, 7d, 14d, 30d and more!



Data for over 300 exchanges volumes for, covering both spot & future markets



Price change since ATH for Top 100 Coins!








What CoinGecko offers to the Crypto Community BTC


- Fundamental data for over 4000 different cryptocurrencies aggregated from over 300 different exchanges worldwide.
- Mobile application (Android & iOS) to track your favorite cryptocurrencies.
- CoinGecko’s Beam brings you direct updates from token teams.
- Free, comprehensive API with over 20 different endpoints with generous rate limits, no API keys required.

If you have a token, ICO or exchange that is not listed on CoinGecko and you would like it listed, do kindly fill up this Google Forms.
If you need to get in touch with us, feel free to email us at hello@coingecko.com! We would love to hear from you and how we can better improve CoinGecko. Happy trading/hodling!


Links to some of CoinGecko's services Grin


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CoinGecko  

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App Store  

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CoinGecko's API

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CoinGecko Widgets

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CoinGecko's Daily Newsletter

Read our Quarterly Reports
CoinGecko's Quarterly Reports


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No part of the content provided by CoinGecko constitutes financial advice.
Our API is provided free of charge and as-is without any warranty whatsoever.
Terms of Service | Privacy Policy | API Terms of Service

1714118322
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bakedrice
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April 08, 2014, 02:24:34 PM
 #2

Cool!!!  Cool

What other parameters do you intend to add? Total Network hashrate would be an important indicator of the network effect/strength of a coin IMO.

You should consider adding a feature to collect feedback & consolidate and discuss feature additions.

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April 08, 2014, 02:29:35 PM
Last edit: April 08, 2014, 02:57:57 PM by wzbysek
 #3

"Community: Looks at discussions and popularity of a coin from social media and forum content (eg. Bitcointalk, Reddit)."

Can you clarify the methodology used for coming up with concrete % - Dogecoin 96/100, Counterparty 40/100? Based on explanation provided so far, it seems like someone is just making those numbers up.
bobster (OP)
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April 08, 2014, 02:33:27 PM
Last edit: April 08, 2014, 02:51:36 PM by bobster
 #4

hi bakedrice, we agree network hashrate is a very strong indicator of a coin's worth. that's definitely part of our development plan.
we will be working hard to incorporate the network hashrate in our next iteration.

as for feedback, we value all comments from the community.  currently taking feedback and discussions from this forum thread

bobster (OP)
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April 08, 2014, 02:43:20 PM
 #5

wzbysek, we are currently at our first iteration of coingecko.
so our community aspect only measures reddit subscriber count for the time being.
we are going to incorporate facebook and twitter soon but not in this iteration because it is largely correlated with reddit. forums will require more effort and we will incorporate data from there soonish.

as for how we got the numbers, it is actually a % rank over 100. what we did was we took the logarithmic value of the reddit subscriber count of a coin and divide it by the logarithmic count of the largest reddit coin subscriber count. hope this helps answer ur question  Smiley
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April 08, 2014, 04:51:31 PM
 #6

Excellent.
Although alot of altcoins are not on the list, when will you add Mintcoin?
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April 08, 2014, 10:38:57 PM
 #7

Good job!
Probably you can add a parameter for 'potential developments' i.e what each coin has in the pipe.

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
▐ CRYPTI▐
a Node.JS coin built from scratch. With Proof of Time, Purchase and Identity. Custom blockchains and much more!
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chrome_albert
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April 09, 2014, 02:13:05 AM
 #8

Looking at it for a while, some charts and graph would be a great addition. Since i am really interested in looking at trends.
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April 09, 2014, 02:25:47 AM
 #9

I think it is just a joke

3     Dogecoin (this copy one,just a suck coin)

14     Nxt (look this one)
bobster (OP)
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April 09, 2014, 04:16:20 AM
 #10

hi guys, here's some replies to ur queries:

Excellent.
Although alot of altcoins are not on the list, when will you add Mintcoin?
chrome_albert --> this is our first iteration. we will be adding more coins in the next iteration. we will seriously consider adding mintcoin soon


Good job!
Probably you can add a parameter for 'potential developments' i.e what each coin has in the pipe.
voldermort628 --> that's a brilliant suggestion. thanks! we will be putting it into our to-do feature development Smiley

Looking at it for a while, some charts and graph would be a great addition. Since i am really interested in looking at trends.
yea we are actually working on incorporating some charts and graphs into our site. we initially had google trends chart in our individual coin page but removed it for our beta launch coz we ran into some embedded javascript complications. we are working on fixing it to put it out onto the website soon again!

I think it is just a joke

3     Dogecoin (this copy one,just a suck coin)

14     Nxt (look this one)
qbd1313 --> i know what the guys in Nxt are doing and the philosophy behind Nxt. We are working hard to improve our ranking algorithm. Atm liquidity takes about 1/3 of the ranking algo and Nxt liquidity was low for the day. Also Nxt source code is hosted on bitbucket instead of github like all the other coins. the algo's probably penalising it unfairly. we are working on improving the developer and liquidity metrics. A few days back before launch, Nxt had one of the highest trading liquidity among all altcoins and it was ranking at #3 on CoinGecko.
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April 09, 2014, 09:56:14 AM
 #11

It's pretty time intensive keeping up to date with all the altcoins. Will keep an eye on how this develops
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April 09, 2014, 12:54:09 PM
 #12

"What is this??? I don't even"

bobster (OP)
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April 09, 2014, 03:20:01 PM
 #13

"What is this??? I don't even"

Hi HCLivess, really sorry if our messaging for CoinGecko is confusing and isn't clear to you. CoinGecko is a cryptocurrency valuation and ranking website. We think that looking at market capitalisation as a sole metric for evaluating a coin does not tell the full picture abt how worthy a coin is. We think that there are several other fundamental metrics that needs to be used in evaluating the quality of a coin.

One of the metric which we think is fundamental is the developer team. The number of developers working on the coin's source code will tell how excited developers are abt the technical quality of a coin. A more active and large developer team will more likely mean that any bugs in the source code will be fixed at a faster rate. Also more interesting features will be implemented for a coin with a strong developer team. More features will increase the utility and use of a coin therefore potentially increasing the long-term value/price of a coin. We are using Github metrics as a proxy to measuring these criteria.

But having developer team as a sole criteria isn't enough. The community also plays a very important role in disseminating the core message of a coin. A strong community is vocal and supportive in PR efforts. It will help the coin get featured in various media publications. Usually people will be attracted to a coin that is interesting and the community support can be approximated by using metrics such as Reddit subscriber and Twitter follower count. In our first beta iteration, we are only using Reddit subscriber count although we plan to incorporate the other measures soon.

We also think that coin liquidity is pretty important in evaluating a coin. A coin without high liquidity could just mean that its price is artificially set high by the few traders trading the coin. This also show that there is not much interest in a coin.

Thus the mission of CoinGecko is to take into account all these metrics to holistically evaluate the quality of a coin. We attempt to do that using our algorithm to come out with a Gecko Score for each coin. We are still new and have started with just 20 coins though we plan to increase it to more coins in the coming weeks.

Does this help answer your question? Do let us know how we can make our messaging clearer. Thanks a lot! Cheesy
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April 11, 2014, 04:48:57 PM
 #14

Very Nice site!  We added it to our Sites We Use.  Great Work!  http://glcbitcoin.com/sites-we-use
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April 12, 2014, 07:50:32 AM
Last edit: July 22, 2014, 09:21:21 PM by xtester
 #15

@bobster, this is an interesting project.

However, if you want it to be taken seriously you should put a lot of value on judging the technical innovation of each coin as well as inflation/sustainability of each coin.

Without such important factors taken into consideration, results beside the obvious ones like bitcoin, litecoin, etc, seem almost random.
bobster (OP)
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April 12, 2014, 02:56:26 PM
 #16

Very Nice site!  We added it to our Sites We Use.  Great Work!  http://glcbitcoin.com/sites-we-use

Thank you very much for featuring us! Really appreciate it. Grin
bobster (OP)
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April 12, 2014, 03:05:51 PM
 #17

@bobster, this is an interesting project.

However, if you want it to be taken seriously you should put a lot of value on judging the technical innovation of each coin as well as inflation/sustainability of each coin.

Without such important factors taken into consideration the results below the obvious ones like bitcoin, litecoin, etc, seem almost random.

hi xtester, technical innovation is indeed part of our plan. we initially wanted to roll it out in our beta but yanked it out for the time being because it is hard to evaluate technical innovation fairly for each coin because it is somewhat subjective. we are figuring out a way evaluate technical innovation fairly and once we have a method which we are happy we will incorporate it into our ranking.

We plan to add coin supply and inflation in our ranking soon. it's in our to-do so do watch out in the following weeks while we push more updates live.

Thanks for your feedback. Do continue giving us feedback here. Smiley
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April 12, 2014, 08:15:39 PM
Last edit: April 12, 2014, 08:53:30 PM by xtester
 #18

@bobster, this is an interesting project.

However, if you want it to be taken seriously you should put a lot of value on judging the technical innovation of each coin as well as inflation/sustainability of each coin.

Without such important factors taken into consideration the results below the obvious ones like bitcoin, litecoin, etc, seem almost random.

hi xtester, technical innovation is indeed part of our plan. we initially wanted to roll it out in our beta but yanked it out for the time being because it is hard to evaluate technical innovation fairly for each coin because it is somewhat subjective. we are figuring out a way evaluate technical innovation fairly and once we have a method which we are happy we will incorporate it into our ranking.

We plan to add coin supply and inflation in our ranking soon. it's in our to-do so do watch out in the following weeks while we push more updates live.

Thanks for your feedback. Do continue giving us feedback here. Smiley

Hi bobster, you are right that technical innovation is really hard to evaluate objectively and fairly, but that is precisely one of, if not the most important factors which in combination with a strong community and a great dev team would predict or at least be strongly correlated with long term coin success.

For all practical purposes it is almost impossible to predict on a short term basis what a coin will do, but for a long term basis there are few really important things to judge and a lot of secondary ones. As you may know, there's always this power law distribution that seems to govern these kind of situations. So you should try to create create a ranking formula that should emulate reality as close as possible.(There are typically 2-3 factors that are responsible for 80%-90% of the long term outcome and lots of secondary, negligible factors responsible for 10%-20%) Since on the short term this is almost impossible because of the randomness and highly unpredictable events that occur you should focus on long term predictability. This is best done by trying to ignore the noise of the many secondary factors and make sure you don't miss any of the 2-3 very important ones. After you have the important ones and 80%-90% of the long term picture you can slowly add more secondary ones, but that should be the order.
bobster (OP)
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April 13, 2014, 03:20:38 AM
 #19

@bobster, this is an interesting project.

However, if you want it to be taken seriously you should put a lot of value on judging the technical innovation of each coin as well as inflation/sustainability of each coin.

Without such important factors taken into consideration the results below the obvious ones like bitcoin, litecoin, etc, seem almost random.

hi xtester, technical innovation is indeed part of our plan. we initially wanted to roll it out in our beta but yanked it out for the time being because it is hard to evaluate technical innovation fairly for each coin because it is somewhat subjective. we are figuring out a way evaluate technical innovation fairly and once we have a method which we are happy we will incorporate it into our ranking.

We plan to add coin supply and inflation in our ranking soon. it's in our to-do so do watch out in the following weeks while we push more updates live.

Thanks for your feedback. Do continue giving us feedback here. Smiley

Hi bobster, you are right that technical innovation is really hard to evaluate objectively and fairly, but that is precisely one of, if not the most important factors which in combination with a strong community and a great dev team would predict or at least be strongly correlated with long term coin success.

For all practical purposes it is almost impossible to predict on a short term basis what a coin will do, but for a long term basis there are few really important things to judge and a lot of secondary ones. As you may know, there's always this power law distribution that seems to govern these kind of situations. So you should try to create create a ranking formula that should emulate reality as close as possible.(There are typically 2-3 factors that are responsible for 80%-90% of the long term outcome and lots of secondary, negligible factors responsible for 10%-20%) Since on the short term this is almost impossible because of the randomness and highly unpredictable events that occur you should focus on long term predictability. This is best done by trying to ignore the noise of the many secondary factors and make sure you don't miss any of the 2-3 very important ones. After you have the important ones and 80%-90% of the long term picture you can slowly add more secondary ones, but that should be the order.

hi xtester, yea i totally agree with you on how coins should be evaluated. the long-term factors play a much stronger role in determining price long-term. it is very hard to give any short-term price predictions coz there's a lot of noise. some of my closest friends use the same philosophy as yours in buying/selling altcoins and that's how we got the idea to build CoinGecko. we will be working hard to incorporate this soon

i guess the next most logical question for me to ask u is how would you best evaluate technical innovation? thanks
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April 13, 2014, 02:58:37 PM
 #20

Excellent.
Although alot of altcoins are not on the list, when will you add Mintcoin?

chrome_albert --> we have added Mintcoin into our coin ranking website! Go take a look and tell your community members Smiley

We have also added Digitalcoin in this current update
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