The `Scarcity' Segmentation Of Virtual Currencies --- Examined (PART ONE) Coins Over 58 Million Available

A couple weeks ago I employed some of my natural `market research' skills by examining one aspect... one attribute - of the different `virtual currencies'... coins available... and that is... `the number available' - or what amounts to scarcity. Yes, the number available (using one `best source CoinMarketCap.Com)... such as ...does a `coin' have just a `handful' available, or, are there literally BILLIONS available. (This research into this data was done about May 7th.) Many coin traders have only the vaguest ideas about most coins... despite being able to tell you that Bitcoin will never exceed 22 million (or whatever the exact figure is). 

One reason I did this background legwork was to answer the question - Which of these `scarcity' strategies `works', at getting a coin the `attention and awareness' it needs to break through the enormous `clutter of coins' currently on the marketplace exchanges and beyond? Is it the `here I am and I am billions strong wanting to be the NEXT BIG thing? Or, is it the `I wanna be the next BITCOIN' positioning (similar number of coins to bitcoin) ... sought by many coins `with improvements' to the bitcoin technology. 

Or, should the coin be daring and emulate the `scarcity' factor in spades... limiting the number of coins available to `just a few' in comparison to Bitcoin... and hope, somehow, that a real `scarcity' value is subscribed to and ascribed to the coin itself... in an era where most coins have a near zero awareness with the general public. Perhaps `the scarcity branding' will be accomplished with an expensive sounding coin brand name? 

Ah yes..... The appropriate branding - essential to all coins .... but perhaps the sweet spot isn't scarcity (?) ...... indeed,  should the positioning on how many coins will be available by the developers be something in-between the HUGE apparent hole in the above... a coin NOT with BILLIONS... but substantially more than BTC, and filling the 20 million to 1 billion coins available positioning. 

Hmmm. Interesting. I wonder. So, I did the digging I first promised you.

So, what did my analysis find - about the 552 coins listed on CoinMarketCap.Com just a few weeks ago? Sorted by `number available'? 

Well below is a summary ... and a guide of sorts to understand ... probably... just how much `potential' ANY coin really has `if is has a certain volume of coins'... regardless if the developers dream is a dollar a coin (which is about 0.004btc=1.00fiat)..... `a common pipe dream of all levels of scarcity and all types of coins'.

Enough already right? .... are you ready? Here goes... lets start with the Top 50 coins with the `most available' - you better be a coin with a BIG name for this branding... and as you can see below - you will not be disappointed with the biggest available coin:

Segment 1 - Most Abundant Coins Available, top 50

THE BILLIONS AND BILLIONS SEGMENT

In this category, Colossuscoin, with 312 BILLION available takes the cake... at least it has a name to match its Colossus number of coinage, right?... And, the top 50 trails down to the measly 2.1 BILLION available for UFOcoin. BTW, these two coins have market caps below 20K and daily volumes under 20 bucks. Hardly an indication of automatic success by having billions and billions. Tracking these random coins that make up the first and last of a category will also give some insights as to just how HARD the alt coin world is to compete within.

But the real BANG of any of the 10 segments is the CHANCE to be BIG... and this segment DOES THE BEST overall with (10-12) coins in the Top 50 Marketcap AND Top 10 Marketcap (of all 552 coins)

Indeed.... these 10 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 6 were ranked #11-50 in marketcap

         FIAT

NEM 0.0001

MINT 0.00001

REDD 0.00001

INFINTE 0.000003

BYTE 0.00002

DARK NOTE 0.00006

Segment 1 - TOP 10 MARKETCAP COINS
                           FIAT/USD
#8 - BITSHARES 0.003
#7 DOGE 0.00009
#5 STELLAR 0.0027
#2 RIPPLE 0.00076

EVERY COIN ABOVE WITH A VALUE OF UNDER
10,000 SATOSHIS (0.0000XXXXbtc)

So, big things can come in BIG packages - but, as of now, a self limiting value under 1/3 a cent each for the very best positioned. Indeed, should a price breakthru happen to this category or even a coin in this category - the implications could be enormous.
IMO... the `second bitcoin' will likely come from this segment, but the competition is fierce at the top - and other segments of scarcity also do quite well in gaining real value per coin and per cointype. 
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(You will notice from here on out that I follow the same format as above in bringing each segment to you for analysis.)
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Segment 2 - Very Abundant Coins Available, top 51-100

THE BILLIONS AND HUNDREDS OF MILLIONS SEGMENT

In this category, ANIMEcoin, with 1.9 BILLION available takes the honors... And, the top 100 trails down to the measly 176 MILLION available for Einsteinumcoin. BTW, these two coins have market caps of 4k and 25K and daily volumes under 80 bucks. The randomness of these picks representing the segments is one way of accessing the value of segments in general too.

But the real BANG of any of the 10 segments, as mentioned before,  is the CHANCE to be BIG... and this segment does the worst overall with only 4 coins in the Top 50 Marketcap AND one Top 10 Marketcap coin 

These 4 coins were in the Top 50 marketcap that I checked:

(shown with fiat value)

these 3 were ranked #11-50 in marketcap

         FIAT

NUSHARES 0.002

SYS 

GULDEN 0.001

Segment 2 - TOP 10 MARKETCAP COIN

                           FIAT/USD

#6 - NXT 0.009

EVERY COIN ABOVE WITH A VALUE OF UNDER

10,000 SATOSHIS (0.0000XXXXbtc)

So, big things can come in BIG packages - but, as of now, the self limiting value for these hugely available coins remains at under a cent each for the very best positioned. Indeed, should a price breakthrough happen to this category or even a coin in this category - the implications could again be enormous.

IMO... the `second bitcoin' based on what is charted above -  will likely not come from this segment.

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Segment 3- Abundant Coins Available, top 101-150

THE TENS OF MILLIONS AND HUNDREDS OF MILLONS SEGMENT

In this category, TAKcoin, with 169 MILLION available takes the honors... And, the top 150 trails down to the measly 58 MILLION available for NAVAJOcoin. BTW, these two coins have market caps of 1k and 250K and daily volumes OF 16 bucks @300 bucks.

But the real BANG of any of the 10 segments is the CHANCE to be BIG... and this segment does the 2nd best overall with  7 coins in the Top 50 Marketcap BUT  had NONE of theTop 10 Marketcap coins.

These 7  coins were in the Top 50 marketcap that I checked:

(shown with fiat value)

these 7 were ranked #11-50 in marketcap

                       FIAT

NAVAJO 0.004
BLACK 0.013
WORLD 0.003
DNOTES 0.011
CRYPTI 0.003
TILE 0.003
FUEL 0.019

The top coins now approach 2 cents fiat in value each - real money.

STILL

EVERY COIN ABOVE WITH A VALUE OF UNDER
10,000 SATOSHIS (0.0000XXXXbtc)

So, big things can come in BIG packages - but, as of now, the self limiting value for these hugely available coins remains at under 2 cents each for the very best positioned. Indeed, should a price breakthrough happen to this category or even a coin in this category - the implications could again be enormous.
IMO... the `second bitcoin' based on what is seen (not even one top 10 marketcap) -  will likely not come from this segment.
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So... a quick rule of thumb on any new coin you are considering investing in... ask and research how many are available of this coin? Because IF you see a pricing in excess of 0.0000xxxx and they are in any of the above categories, beware, ... in other words - a coin that prices itself at say 0.00015000 satoshi out of the gate upon introduction to the public ---- you can BET that coin is going DOWN in value - IF it has more than 58 million coins available.
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Part Two will tackle categories 4,5,6,7 - the post is already written and posted, just keep reading DOWN this page - be ready to be enlightened soon.
Part Two
Part Three
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The `Scarcity' Segmentation Of Virtual Currencies --- Examined (PART TWO) Coins From 58 Million To 3.7 Million Available

This is part two of the `Coin Scarcity' Postings

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Segment 4 - Most Abundant Coins Available, #150-200

THE BITCOIN ON STEROIDS (57 MILLION - 21 MILLION) SEGMENT

In this category, Bellscoin, with 57 MILLION available takes the cake for top available honors ... ring a bell, right?... And, the top 200 trails down to the measly 21 MILLION available for SonicScrewDriver. BTW, these two coins have market caps below 15K and daily volumes under 10 bucks. Hardly an indication of automatic success by being Bitcoin on steroids.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES THE 3rd BEST overall with (6) coins in the Top 50 Marketcap AND Top 10 Marketcap (of all 552 coins)

Indeed.... these 6 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 6 were ranked #11-50 in marketcap

         FIAT

START 0.03

CURE 0.009

VERI 0.026

FAIR 0.021
And these two coins were Top 10 Market Cap

LITE 1.46

PEER 0.22

So, as you can see, this is the FIRST category that coins can breakout of being worth just fractions of a cent - and have the potential for much more. A very interesting development and easy to see why this level can be targeted.

EVERY COIN ABOVE WITH A VALUE OF OVER
14,000 SATOSHIS (0.000XXXXXbtc)

So, big things can come in BIGGER than Bitcoin packages (Hyper Bitcoin) - but, as of now, a self limiting value under 2 bucks each for the very best positioned. Indeed, should a price breakthrough happen to this category or even a coin in this category - the implications could be enormous.
IMO... the `second bitcoin' could indeed come from this segment.
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Segment 5 - Most Abundant Coins Available, #201-250

THE BITCOIN's BIG BROTHER (21 MILLION - 12.2 MILLION) SEGMENT

In this category, Digitcoin, with 21 MILLION available takes the cake for top available honors ... digit like digital, right?... And, the top 200 trails down to the measly 12.2 MILLION available for BitcoinScryptcoin. BTW, these two coins have market caps below 22K and daily volumes under 10 bucks. Hardly an indication of automatic success by being Bitcoins relative.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES well overall with (5) coins in the Top 50 Marketcap AND the BIGGEST OF ALL COINS - BITCOIN - in the Top 10 Marketcap (of all 552 coins)

Indeed.... these 5 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 5 were ranked #11-50 in marketcap

         FIAT

1XCOIN 0.013
MONA 0.078

ARCH 0.077

PAYCOIN 0.088
And the coin of coins - BITCOIN 238.95

So, as you can see, this category has coins worth fractions of a dime - and have the potential for much more. Real value that requires coins to be the real money they represent (have uses other than trading).

So, big things can come in BIGGER than Bitcoin packages (Bitcoin Brother) - but, as of now, a self limiting value under a dime each for the very best positioned. Indeed, should a price breakthrough happen to this category or even a coin in this category - the implications could be enormous.
IMO... the `second bitcoin' could indeed come from this segment.
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Segment 6 - Most Abundant Coins Available, #251-300

THE BITCOIN's LITTLE SISTER (12.1MILLION - 6.1 MILLION) SEGMENT

In this category, CopperLarkcoin, with 12.1 MILLION available takes the cake for top available honors ... copperlark=luckypenny, right?... And, the top 300 trails down to the measly 6.1 MILLION available for Chococoin. BTW, these two coins have market caps below 15K and daily volumes under 10 bucks and 115 bucks. Hardly an indication of automatic success by being Bitcoins relative.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES well overall with (5) coins in the Top 50 Marketcap but has none in the Top 10 Marketcap (of all 552 coins)

Indeed.... these 5 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 5 were ranked #11-50 in marketcap

         FIAT

NAME 0.31
MONERO 0.47

MARINE 0.045

AURORA 0.064
And SHADOWCASH 0.13

So, as you can see, this category is the one that finally has coins worth dimes and more - and have the potential for much more. Real value that requires these coins to be the real money they represent (have uses other than trading) and have serious sized followings and community support.

So, big things can come in SMALLER than Bitcoin packages (Bitcoin Sister) - but, as of now, a self limiting value under a half dollar each for the very best positioned. Indeed, should a price breakthrough happen to this category or even a coin in this category - the implications could be enormous.
IMO... the `second bitcoin' could indeed come from this segment.
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Segment 7 - Most Abundant Coins Available, #301-350

THE BITCOIN MIDGET (6.1MILLION - 3.7 MILLION) SEGMENT - scarcity kicking in

In this category, Neocoin, with 6.1 MILLION available takes the cake for top available honors ... NEO.. Neocon, right?... And, the top 350 trails down to the measly 3.7 MILLION available for Blitzcoin. BTW, these two coins have market caps of 2K and  54K and daily volumes under 60 bucks and 1.3K. Hardly an indication of automatic success by being Bitcoins relative.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES poorly overall with (3) coins in the Top 50 Marketcap but has TWO of those in the Top 10 Marketcap (of all 552 coins)

Indeed.... these 3 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 3 were ranked #11-50 in marketcap

         FIAT

BLOCKNET 0.089
#9BANCSHARES 1.46

#4DASH 2.83

So, as you can see, this category is the one that finally has coins worth dimes and more (BUT IT NEEDS TO AS IT'S SCARCITY IS INCREASING) - and have the potential for much more. Real value that requires these coins to be the real money they represent (have uses other than trading) with very active developers and communities. CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin MIDGET) - but to be bigger than bitcoin with fewer coins.. will be a challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 20 dollar bill?
IMO... the `second bitcoin' could indeed come from this scarcity segment.
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THANKS FOR READING PART TWO
Part Three Is Immediately Below In This Blog
Part Three
==============================
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The `Scarcity' Segmentation Of Virtual Currencies --- Examined (PART THREE) Coins From 3.6 Million To Million <.75 Million Available

This is the conclusion segment of the analysis of the `scarcity' of the various `cryptocurrencies'. These coins in each category below are within the rarest of 10 total segments. Read On.
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Part One
Part Two
Segment 8 - Most Abundant Coins Available, #351-400

THE BITCOIN SCARCE (3.6MILLION - 1.6 MILLION) SEGMENT

In this category, Extremecoin, with 3.6 MILLION available takes the cake for top available honors ... everyone's extreme, right?... And, the top 400 trails down to the measly 1.6 MILLION available for Catcoin. BTW, these two coins have market caps of 9K and  3K and daily volumes under 10 bucks and under 20 bucks. Hardly an indication of automatic success by being `scarce'.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES poorly overall - with just (2) coins in the Top 50 Marketcap AND NONE in the Top 10 Marketcap (of all 552 coins)

Indeed.... these 2 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 2 were ranked #11-50 in marketcap

         FIAT 

COUNTERPARTY 1.00

YB 0.88

So, as you can see, this category is the one that finally has coins worth A BUCK OR SO  (BUT IT NEEDS TO AS IT'S SCARCITY IS INCREASING) - and have the potential for much more. Real value that requires these coins to be the real money they represent (have uses other than trading) - and have some perception of advantage to other coins within the category. CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin SCARCE) - but to be bigger than bitcoin with fewer coins.. will be a significant challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 20 or 50 dollar bill?
IMO... the `second bitcoin' could indeed come from this scarcity segment.

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Segment 9 - Most Abundant Coins Available, #401-450

THE BITCOIN RARE (1.6MILLION - .676 MILLION) SEGMENT

In this category, Shadecoin, with 1.6 MILLION available takes the cake for top available honors ... everyone's Shady in Crypto, right?... And, the top 450 trails down to the measly 676 THOUSAND available for SapienceA1FXcoin. BTW, these two coins have market caps of 2K and  67K and daily volumes under 20 bucks and under 100 bucks. Hardly an indication of automatic success by being `rare'.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES okay overall with (4) coins in the Top 50 Marketcap AND NONE in the Top 10 Marketcap (of all 552 coins)

Indeed.... these 4 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 2 were ranked #11-50 in marketcap

         FIAT 

NUBITS 1.01
ETHER 0.91
NOVA 0.42
BITCOINDARK 0.82

So, as you can see, this category is another one that finally has coins worth A BUCK OR SO  (BUT IT NEEDS TO AS IT'S SCARCITY IS INCREASING) - and have the potential for much more. Real value that requires these coins to be the real money they represent (and to have uses other than trading). CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin RARE) - but to be bigger than bitcoin with fewer coins.. will be a significant challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 20 or 50 dollar bill?
IMO... the `second bitcoin' could indeed come from this scarcity segment.

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Segment 10 - Least Abundant Coins Available, #451-500

THE BITCOIN PREMIUM (under 669,000) SEGMENT

In this category, Clamscoin, with 669 THOUSAND available takes the cake for top available honors ... everyone wants clams, right?... And, the top 500 trails down to large numbers of coins with unknown quanties... represented by Gravitoncoin. BTW, these two coins have market caps of 893K and  ?K and daily volumes similar and about 5k in 24hours.  An interesting indication of `automatic success' by being `rare'?.

But the real BANG, as I've been mentioning,  of any of the 10 segments is the CHANCE to be BIG... and this segment DOES okay overall with (3) coins in the Top 50 Marketcap AND NONE in the Top 10 Marketcap (of all 552 coins)

Indeed.... these 3 coins were in each days Top 50 marketcap that I checked:

(shown with fiat value)

these 3 were ranked #11-50 in marketcap

         FIAT 

CLAMS 1.33
MASTER 1.40
UNOBTANIUM 2.41

So, as you can see, this category is another one that finally has coins worth A BUCK OR SO  (BUT IT NEEDS TO AS IT'S SCARCITY IS THE GREATEST) - and have the potential for much more. Real value that requires these coins to be the real money they represent (and to have uses other than trading). CAN ONE OF THESE COINS BREAKOUT?

So, big things can come in SMALLER than Bitcoin packages (Bitcoin PREMIUM) - but to be bigger than bitcoin with fewer coins.. will be a significant challenge... but not a challenge perhaps to acquire the needed value to be perceived as real money. Could one of these coins easily become the next 50 or 100 dollar bill?
IMO... the `second bitcoin' could come from this scarcity segment.
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GoCoin - Payment Gateways.. The Future

The GoCoin Video you see below is an interview with Steve Beauregard who has one of three platforms PayPal is going to honor. A big honor indeed. (GoCoin is NOT a coin as far as I can tell.) Even while the video is now a year old... it's interesting to see the level of seriousness and expectations. BUT... the video has only 79 views in a year.... hmmm. In the year following this video, it's become increasingly obvious that IF a coin does not align with a payment process service that allows it's coin to be used for purchases in some manner... then it's not a serious coin.
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IF I read this right.. here's another upstart `business' platform for those wishing to do business in Crypto currencies..... The Horizon Platform.... tied in with the Horizon Coin and others soon perhaps (heard via the grapevine).

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Bitcoin - The Stew

The attempt to find niches that proclaim a coin is `serious' is an important one.. if not the most important.. following through on such positioning then becomes even more important.... such is the case for the EARTHCOIN ... as one could hardly proclaim a bigger niche. (Ultimately with 13Billion coins, 7+ billion as of today... 69K marketcap)

And in that fashion Earthcoin has one of the most direct chants for the overthrow of the Fiat system... below is a quote from the webpage ... red is my emphasis

....EarthCoin and crypto currencies in general will follow the same path of reward BUT they are much different in the sense that everyone will benefit from them over time regardless of when they come in, as they only become more and more valuable over time providing a base to build for the next generation.  The early adopters will of course benefit more but not through its fractionalization, instead through its proliferation of acceptance.  EarthCoin’s supply is finite and limited and does not place the power of the creation of the money supply in a few hands, it awards that privilege to a decentralized mechanism that ensures its authenticity!! Simply incredible.

Hype is not required!  Education is.  And you are right, with proper EDUCATION each one of these currencies if not abused will form a massive market capitalization as people turn in their paper money for a crypto-currency and abandon the broken system.  Each coin will represent the underlying trade in which each was created for.  Many will find their own niches, even Sex Coin for its use on porno sites possibly and its market cap will be correlated to the amount of trade in that classification.

EarthCoin will find its niche hopefully with everyone, an identity that can unite us all regardless of color, religion, race or nationality.  The Earth is a much better symbol of strength as it is the medium, the agar, the life-blood, which supports all of us!  Much more appropriate than an Eagle or All-Seeing Eye that represents the beliefs of 300 million people in the United States.  When you compare the two stores of value it is almost laughable that anyone in their right mind would even consider accepting those worthless debt notes.

Do you want to cause a revolution!  A real revolution!?  When crypto-currencies reach a critical mass of ownership (We are currently approaching 10 million), I am talking a few hundred million people, you would organize decentralized masses to converge on city centres, withdrawing as much paper notes from the banking system in their respective nations as possible and you would pile it in a mound in the centre of the mass of people at which point you would simultaneously light it on fire and watch it turn to ash, removing all belief that it had any value what so ever.  It would be a dramatic end to slavery.  The very next day, most commerce would begin in crypto-currencies and believe you me the World would work just fine.  The people who have used the debt model to become wealthy would not be too happy though because their paper money would barely pay the hydro bill.  I like Warren Buffet though, I would take care of him! 

Interestingly... a look at the website does show a few `Earth' type of funded projects (about 5) but most seem to have not distributed the funds as of yet... most of the projects seemed to have been funded recently with about 9 million Earthcoins each.... a long way to go to fulfill such a big vision and promise. 

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Bitcoin - Winners

Interesting Political Statement Too?

Bitcoin PINS... (that you wear)

The future is already in your pocket?

Bitcoin Funded Debit Cards

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Bitcoin - Barf?

CoinsDouble.com

A couple things about CoinsDouble.... evidently I was their first.. perhaps only affiliate as you can see I was assigned #1... i can tell you that I've gotten paid tiny amounts perhaps 6 or 7 times... nothing that adds up to more than a dime of fiat... you should probably treat these `double' schemes... as that... schemes... and while coinsdouble is NOT on this listing as of today.... a website called CoinDouble.Net is on the list.....never gamble more than you can lose especially in these `timed' pyramid games.

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Thanks for your readership
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Art Project Robot Uses Bitcoin - Gets Arrested

Bitcoin Winner

Yes, Rand Paul made sure to attend a Bitcoin event and has been accepting BTC in his campaign... yeah a bit of an endorsement.

Bitcoin - Barf... Stew

Don't know how much `art' is involved here as it certainly continues the march to discredit Bitcoin and it's potential uses. Could even be a `plant' robot?..... Just kidding...art at work showing how anything can be gotten on the internet.. with money or bitcoin and by a human or by a robot. Here's the Full Story With The Place The Bitcoin Drugs Were Purchased - a CNBC link?..... HMMM.
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More Bitcoin .... Stew

The 18 million dollars that backed `Ethereum' is getting a bit Antsy to see that their investment ... was an investment and not `vaporware'. Many coins are using a slow and go approach to the changing landscape... some are hiring serious folks with big credentials in the `normal' business world - Like Ripple Labs (RippleCoin) hiring a former Yahoo executive... `serious' coins instead of shit coins... but if there isn't a difference????

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Bitcoin BARF

As you know,,,, bitcoin is rife with ripoffs in these days of the wild west... so much so with scams like doubling your bitcoin ... that the number of websites now potentially suspected of foul play number in the 100's and will soon reach 1000 (at 600 with more daily).... so, I've added this important link into the sidebar in CAPS... be very careful with all your bitcoin.... it could just vanish... BAD BITCOIN INDEX LIST.

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Bitcoin STEW

Oh, the 7th month of the on-going national Bitcoin perception survey continues to find a fairly dire situation with about the only uptick being in `useful in the future'.... usage ... ever bitcoin usage seems stuck in the 5-7% range... not even increasing as it should over time. See the link in the sidebar for more info.

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Low In Trade Volume = Barf Coins?

As I've noted before in this blog... occasionally the `threat' of being `delisted' on a major cryptocurrency exchange .. is a rare opportunity for big `profits' - when a coin is resurrected from the fire pit of being cinder - by huge crowds buying in volume to save it. I have at least one trade like that with my fingers crossed.

That said, generally - it is the knell of death... the end of the coins viability.. the end of a `market cap'. And, some exchanges as you know add a lot of `barf' coins that end up in the crappola pile when delisted..... Bittrex is like all exchanges... rotating the coins they list - as there are many coins wishing to on the exchanges and ones already there but not traded by anyone ... eventually get the Bittrex warning of being delisted... something the community is altered to with symbols next to the coins name. The latest round has a number of potential casualties that we bring to you below.... presenting... 

The Barf List

(warned of April 24th Delisting On Bittrex)

ApexCoin

Snowballs

CleverHash

GameLeagueCoin

Gnosis

LibrexCoin

MalibuCoin

MultiwalletCoin

PenCoin

SeedCoin

ShribeCoin

PetroDollar

BritCoin

AriCoin

Bitmark

SecurityCoin

NakamotoDark 

UmbrellaLTC

NobleCoin

RiskCoin

GoldPieces

Nubits

BitMiles

ExtractCoin

LyraBar

VirtualMiningCoin

CheckCoin

WankCoin

ViorCoin

EMoney

LitecoinDark

10KCoin

LemurCoin

CamorraCoin

CraigsCoin

EagsCurrency

Ascension

VidioShare

NooCoin

RootCoin

BollywoodCoin

WorldTradeFunds

X-Coin

HempCoin

BitstarCoin

SupCoin

KeyCoin

EventToken

UtilityCoin

DarkGold

BoomCoin

Triangles

SuperCoin

CryptCoin

BitcoinFast

ExclusiveCoin

NautilusCoin

SembroToken

SMAC

KoboCoin

Munne

GamerholicCoin

MasterTraderCoin

SativeCoin

BitBean

InstaMineNugget

Unitus

DopeCoin

MetalCoin

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Now clearly the last dozen or so have shown a significant increase in trading and have little concern for now of being delisted... but.. being on this list can be like a shot across the bow of the ship. 

Or.. a coming torpedo.

UPDATE
and these are being threatened with de-listing at C-Cex

Twenty15 [2015], Abundance [ABC2], Bitquark [BTQ], GlobalBoost-Y [BSTY], CataloniaCoin [CATC], DogeBlackCoin [DOGEB], EagsCurrency [EAGS], Einsteinium [EMC2], ErmisCoin [ERM], GIMPcoin [GIMP], GoldPieces [GP], HellasCoin [HLC], IncaKoin [NKA], Kryptonite [KRYP], MozzShare [MLS], MistCoin [MIC], MotoCoin [MOTO], Prime-XI [PXI], ResumeoShares [RMS], SmileyCoin [SMLY], SpreadCoin [SPR], VorteX [VTX], WorldTradeFunds [XWT], Magi [XMG], RhinoCoin [XRC]. 

Happy Trading

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Beware in these wild west days of trading... your `virtual value' can vanish... as if it never existed... be aware of your portfolio. 

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Thanks For Your Readership

Have A Look Around

What I'm Trading On Poloniex

Or should that be ON Poloniex... anyway on Polo currently I'm divided between four cryptocurrencies.... we'll see how they do over time hopefully too.
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Poloniex

Currently

`Vericoin Exchange'

I bought in at 6400 on 4/12 and have no sell position - really like the slow recovery of this coin value... PR page too.

Current Price 

6837-6869

`New Economy Movement'

Bought this new and falling price coin from 124-97 on 4/3-4/7. Like name and the multiple exchanges adding this coin quickly move.

Have sell position at 179 and hold 1/2 in no position. May lower price target a bit but this is certainly a coin that could have a run or two upwards..and will stick with it.

Current Price

73-74

`Stellar Exchange'

Bought Stellar on 4/5-4/7 for 1019-1046 as it appeared to have bottomed - Hold no sell position.

Current Price

1216-1217

`Counterparty Exchange'

Bought at 494238 on 3/12 and have been selling pieces of it since. Bought and still hold as much as any of the others based on it being mentioned as a coin that is being used or going to be used for BANKING transactions of some sort. Long term hold at this level for me.

Current Price

432000

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After several months at Poloniex.... I'm up about 12% from my initial stake... one of my worst performing exchanges. But, one with the most potential IMO too.

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How about some Bitcoin news... the barf, stew and winners.

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Paypal Continues To Make Using Bitcoin Easier To Use

a continuation of what happened in Sept. last year really.

Rand Paul To Accept Bitcoin For Presidential Run

he's a gutsy politician indeed

Bitmesh.... Firechat..... selling your bandwidth for BTC

could this be as disruptive as Uber?

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Hey, thanks for the read... why not bookmark for the future?

And, if you are a male and you haven't seen the archive...you could be here all-day.

Bitcoin Dreams..... Prior To Sept 2016

I began this post weeks ago... it's a deeper one.... sorry for the lack of posting as I have been active in crypto and have more stories to share beyond this post. Also, this blog is now getting over 1,000 page views a day lately... much traffic from Germany too... thanks.
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Tis the season for Bitcoin `pipe dreams' --- those who fancy that the new currency could again `take off' in a straight upward move in value. But, will that ever happen again... or are there now constraints via the marketplace (including options) to dampen that occurrence. And, what about the coming `halfing' of the block reward in Sept. 2016... will a panic set in then... 3 months before... 6 months before?

And, these pipe dreams I refer to in bitcoin value are not limited to a spike from a couple hundred to 1,500 like before... these are the dreams of each coin worth 50 thousand or even 100 grand or more. BITS of dreams. But, what is it that makes value? Is it literally JUST The value of the electricity? Some interesting ideas are to be found in this very deep look at the value of Bitcoin and the value of the alternative currencies too. http://bravenewcoin.com/news/bitcoins-value-mining/ Indeed, I will be looking deeper now at some of the tenets contained in the article... providing some feedback I've gotten about the article from two coin developers... and examine what value really is... perhaps.

This is how the article begins: RED is my emphasis

Bitcoins Value: Mining

Posted by Adam Hayes on 15 March 2015 | Comments

Tags: Bitcoin, Value, Mining, analysis

In my previous article empirical research analyzing the data from a number of cryptocurrencies found that value formation occurred at the margin. In other words, it is how many units of a cryptocurrency can be found over some interval with a given amount of mining effort. What's more is that because only Bitcoin has practical use-value for real world applications, a rational, profit-motivated miner will only mine for an altcoin if they can earn effectively more BTC/day than directing their hashing power at Bitcoin directly. As a result, altcoins find themselves always offered in the Altcoin/BTC marketplace and have the tendency to fall in price over time relative to Bitcoin. In fact, this is what has been observed in the market: over the past six months Litecoin is down 41%; Dogecoin -25%; Peercoin -50%; Reddcoin -50%; Namecoin -43%; Nextcoin -40%;  Blackcoin -91%; and so on. The Altcoin200 Index, a BTC-denominated market-cap weighted index of the largest 200 cryptocurrencies excluding Litecoin and Ripple is down over 20% since the start of the year.

So the first point is the seemingly downward trend compared to the last 6 months in the pricing of the alt market (after it's EXPLOSION into existence... so perhaps not really a fair correlation) as it finds A RELATIVE value for coins beyond their `trading value'.... Indeed I highlight the above saying that ONLY Bitcoin has `real world applications'..... as IMO that isn't true and a number of coins can now be spent and used in a variety of manners. 

And, additionally IMO... some will be finding a value outside of a direct tie to exchanging for bitcoin (but everything is interchangable of course). I think of coins that are moving into the banking arena and such. Other coins for gaming... others for perhaps a Nation such as Maza coin... or even the various niche coins that might serve a noble purpose or two.

The marginal cost, in the case of Bitcoin, is energy. Because miners cannot (yet) pay for their electricity costs in BTC, the dollar- (or euro or yuan etc.) price of electricity becomes an important variable. The energy efficiency of the mining hardware is also important, as it determines how much electricity will be consumed per unit of mining power. Today, the world average price of electricity is somewhere around 12.5 to 13 cents per kilowatt-hour (kWh), and the average efficiency for an ASIC mining rig deployed today is around 0.9 – 1.0 watts per GigaHash/second (or Joules per GigaHash). Knowing these two values, a miner can determine their cost of production per day:

$cost/day = ($price per kWh x 24 hr/day x W per GH/s) x (GH of mining rig / 1000)

It is the average cost across the entire network of miners which regulates the marginal cost for mining. There will be individual mining operations with very low cost of electricity, perhaps in Iceland, or with the latest cutting edge energy-efficient hardware. There will also be miners still running obsolete equipment or in regions with very high electricity cost in hopes that the price of Bitcoin will one day increase sufficiently to cover their daily operating losses. What matters is the average.

This fine article then goes on to point out the seemingly direct price correlation currently to the price o BTC and the price of electricity... not taking into account that the `median' price may not be where BTC is being produced and that therefore many other assumptions get called into question about the ultimate value. But without question slowly the move to efficiency and low production takes place... making the market even more valid and profitable.

The article later continues with:

This is only an objective calculation, and a reasonable explanation of why the actual market price trades consistently above this value is that there exists a number of subjective motivations for mining that also confer value. There is certainly a speculative premium, and many miners hoard either all or part of their production. The assumption in the objective production model is that all miners bring their product to market for sale each day, which is certainly not the case for everybody. Individual decision makers may undertake mining even at a loss if they believe that there will be a large enough potential upside at some point in the future. Others may be drawn to the anonymity or decentralized nature of Bitcoin.

Bingo the `objective' production model assumption is NOT true and is too much of a basis for this total speculation about the ultimate value.

BITCOIN IS HEADED TO $548.00 on 9/2016?

BUT IS ARMAGEDDON COMING?

Unlike most commodities where the supply can change quickly to accommodate fluctuations in demand, the supply of bitcoin is hardwired at a steady rate of one block every ten minutes with the difficulty setting adjusting up and down to maintain that linear rate of production through time. If miners are not able to supply enough new coins to meet an influx of new demand, the market price can see increases while the cost of production remains largely the same –  inducing more miners to increase their mining efforts. This will cause the difficulty to increase, raising the cost of production until presumably a new break-even level is reached.

One final insight that could have sizable consequences for the objective value of bitcoin relates to the block reward amount and how changes in it will impact BTC/day production. When bitcoin was launched, each block mined was composed of 50 bitcoins. That amount is set to halve every four years, and in 2012 the block reward became 25. The block reward will again halve to 12.5 bitcoins per block, expected mid-September, 2016, and will again in the year 2020 and so on. If we refer to the illustrative example above and substitute a 12.5 BTC block reward for the current 25, the expected BTC/day' becomes half of 0.010604, which is 0.0005302 per 1,000 GH/s. Given that new BTC/day', the break-even price for a bitcoin increases to $548.30, holding all else constant (the difficulty and cost per day remains the same). If the market price of bitcoin does not increase in turn, it will suggest that the break-even efficiency will also decrease by half. This could have the effect of eliminating all but the most efficient producers all at once.

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So alot could be coming in regards to the value and pricing of Bitcoin... meanwhile... some say things such as will BTC go to 100,000 or will 1000 coins go to 1000? The stuff dreams are made of Bitcoin Dreams.

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More BTC Links Worthy Of Your Read

Alternative Currencies Are Bigger Than BTC

Mazacoin gets mentioned

The Five Phases Of Bitcoin

100,000.00 Pipedream?

COINBASE Declares 1 Bitcoin = 1,000,000 BITS

is this to be the NEW standard? (I like it)

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Thanks For Your Readership

MORE VERY SOON