Concerning social media presence, there are four main platforms to examine: For any terms or metrics specific to this post, I will provide explanations besides the figures. Some more how much is 1 yi yuan coin worth. Marinecoin bitcointalk sells ether and not ethereum some day catch up to or Here, we can see the monster bull cycle that occurred throughout and the subsequent succession of lower-highs with each mini-cycle. This communication between the project and the people daily free stock tips sms who believe in it. So, it was long overdue that I took another look at this market to see if perhaps today there is a credible alternative to bitcoin or some promising coins to help me diversify my crypto investment. The Blo ckc hai n Ap p St ore But for me i think the possible price is only dollars or maybe ut lower and we dont see the price when it relase in the market. The difficulty of the criteria for the hash is continually adjusted based on how frequently blocks are appearing, so more competition equals more work needed to find a block.
Coin Report #8: Arionum
Altcoin bitcointxlk the name of all cryptocurrency except Bitcoin. The first altcoins appeared in Their aim was to overcome all technical limitations that Bitcoin. As of the beginning of Decemberthere are over one thousand altcoins existing in the world. The best alt coins have various prices from 0.
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On 24th August, in a discussion about Bitcoin and altcoins, two crypto-influencers, Ran Neuner and Tone Vays spoke about Bitcoin price, speculating its new lows in the bear market. Vays also shared his viewpoint on utility tokens and whether or not they are headed towards their end. Here, Vays shared his current opinion and speculation saying that he was a proponent of the bear market during the latter half of January. He added:. My most pessimistic time period in the bear market was going to be August of next year. It keeps trying to get there but then it keeps bouncing back because shorts get over-leveraged and they get squeezed. Here, Vays said that if the Bitcoin market continues to be bearish, the altcoin market might reach its termination point.
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Welcome to speculaion eighth Coin Report. The report will conclude with a grading out of I hope you enjoy the read! Having only recently completed a Coin Report on BismuthI found it rather amusing that this next one — as selected by the community — will be on Arionum, for bictointalk that will become evident as the report progresses. In short, both projects are unique, first-of-their-kind cryptocurrencies, written from scratch in their respective languages.
As such, I feel as though chance has given us a good opportunity for a aptcoins and thorough cross-comparison. This report will follow the regular template in bitcoinhalk composition, but it would be negligent not to draw comparisons where appropriate. As mentioned above, Arionum is one of those rare cryptocurrencies that is built from the ground up, and thus I was quite excited to specu,ation that it had won the community poll.
That being said, aside from this singular fact, I knew relatively little about the project prior to conducting my research for this report.
Having now completed this research, there is much to be excited by but certainly areas where improvement is required; eerily enough, these areas correspond with those of Bismuth. I hope this report will prove objective where it must be and fair on more subjective matters. Arionum was launched bitcontalk January — oddly enough around the time of the market peak — with no premine and no ICO. It was written from scratch in PHP; the first cryptocurrency of its kind. It also operates using masternodes with a collateral ofARO.
Of all the coins I have written reports on, Arionum has the least available price-history, with data going back only four months — to the beginning of August. Price has since dropped off, setting a local low of satoshis late in November. More on this in the Technical section.
Arionum, as a project, is primarily speculagion with streamlining the development process for those familiar with PHP, relative to other programming languages.
Further to that, and more applicable to the layman user, Arionum seeks to drastically reduce transaction costs and improve upon the scalability issues found in Bitcoin.
Lastly, its future is concerned with developing a graphical interface for asset creation, allowing less technical users to develop their own digital assets and currencies. Below are listed a number of important metrics, all of which are accurate as of 13th December For anyone reading this who has yet to read a Coin Reportit might be worth reading this section of the first reportwhere any potentially unfamiliar terms are explained.
For any terms or metrics specific to this post, I will provide explanations besides the figures. Circulating Supply: , ARO I have used the figure found on the block explorer for this, as there is a alhcoins between it and the figure found on Coinmarketcap.
Note : I have used this source for some data on masternodes. Supply Held By Top 10 Addresses: This would place it in the lower-midcap range of altcoins. This is very impressive. Well, Speculagion seems to have plenty alltcoins interest despite such conditions and despite the fact that it is only traded on one exchange: Mercatox. Further, Arionum actually beats out any coin previously reported on with regards to this particular metric, with Stakenet coming in second place with 2.
As I say, this is a promising start. The next point-of-interest from the General metrics is Liquidity and the metrics relating to supply available on exchanges: Arionum has Liquidity of around 0. Further, there is a little over 2. Of the four coins I have previously calculated this metric for, Arionum has less of the circulating supply available than three of them, suggesting that there is a relatively high inclination towards holding ARO.
Now, calculating supply emission and inflation metrics is fairly straightforward for Arionum, as it has a simple block reward schedule. This equates to an annual inflation rate of Without doubt, this is rather high and a little worrying for those of us who are potentially looking to turn a profit on a position in Arionum.
But how does the supply emission relate to the volume that Arionum is generally trading? Well, with an annual supply emission of This is ample trading volume to cover the supply being minted daily, and thus current prices should be sustainable if current levels altcions volume persist.
Thus, any decrease in price should generally be attributed to either smart-money distribution or weak-hand distribution, rather than to miners dumping their rewards, and this could be more precisely determined using rich-list bitconitalk. This is also roughly 5 times greater volume-to-supply emission than I found in Bismuth, despite Bismuth having half the annual inflation apeculation of Arionum.
Moving onto masternodes, Arionum offers an annual return on its masternodes of This is a very high return, and unsurprising given the high inflation. It is actually the highest annual ROI of any masternode from previous reports.
Next, let us consider the strength of the Arionum masternode network: with active masternodes and a collateral size ofARO, this gives us This is indicative of a moderately strong masternode network, as it is stronger than the masternode network of Bismuth and Stakenet but weaker than Bulwark and ALQO.
The top 20 control This is slightly more decentralised distribution than Bismuth, which discounting its richest address, which is owned by Cryptopia had the top 10 controlling Only the 11th-richest is distributing at current prices and the remaining addresses have shown negligible activity recently. This shows that the vast majority of the richest holders are either accumulating or holding at present, which is a good sign.
There are two primary aspects of community analysis: social media presence and Bitcointalk threads. Concerning social media presence, there are four main platforms to examine: TwitterFacebook, Telegram and Discord. Arionum is present on all four platforms.
That being said, Arionum does seem to have some solid engagement on Twitter. But, their Average Twitter Engagement rate is 2. The engagement level is roughly 3x that of Bismuth. Further, using the RivalIQ report, we can see that Arionum has The engagement is certainly promising, but the audience is small.
There are plenty of channels available under relevant subsections for all manner of topics, which I like to see as it ensures accessibility for newer users. Further, there is an FAQ channel with all resources clearly linked. With regards to the content of the group, Announcements seems to be updated more regularly this month than previously, with an update every two or three days in December but only one update in November.
Development is fairly active with some discussion taking place on a daily basis, most recently concerning a phishing incident that occured a few days ago and led to some users of the web wallet and Android wallet losing their funds. Suggestions is currently on the topic of Ledger integration for Arionum, which would be great bitcointalk altcoins speculation see. I found very little of interest in Marketingwhich may explain the smaller audience across platforms for the project.
There is a lot of action occuring speculatin the OTC channels; this makes sense given that there is only one listed exchange. As usual, General is the most popular channel, with near-constant conversation taking place. Of late, this revolves around the phishing incident, understandably.
There is a little talk on the need for new exchange listings; a listing on Cryptopia is confirmed. There is also some degree of backlash arising around communication and the team not using the community to its full capacity to assist with the project. The positive here is that the community certainly seems willing and engaged. Finally, there is some talk about altconis cross-platform wallet currently in development for Mac, Windows, Linux, iOS and Android, which sounds promising.
Overall, the group is highly active but, at present, in minor crisis. Strangely enough, this is exactly what I found to be the case with Bismuth — a strong Discord and a neglected Telegram. The Arionum BitcoinTalk thread was created on January 8th,and has since generated posts spanning pages in days, giving an average of 6. For the following Development analysis, I will be evaluating project leadership, the website, the roadmap, the whitepaper, the wallets and finally providing a general overview:.
There is no clear information on the team displayed on the website, and there are 4 contributors to the Github. An FAQ on the forum shows that there are 3 core developers, with 27 years of programming experience between them, specialising in PHP and Linux. There is very little expertise in marketing and none in project management. I would like to see this balanced out a little; perhaps adding a marketing specialist or an operations manager would assist in growing the userbase.
The website is fairly well designed and branded, and it is informative for new users, with a thorough overview of the project displayed and relevant resources linked. There is also a dedicated forum, which is a plus. Further, there is no clear link to the Arionum wallets. The block explorer, in contrast, is fantastic. It is highly functional with a plethora of useful features and a visually appealing speculaiton. More of this, bitcoinhalk.
There is no roadmap to be found on the website or the BitcoinTalk thread, which is highly disappointing. Update: I missed that there is a text-based roadmap in the BitcoinTalk announcement.
Everything besides the payment processor and the assets system has been achieved. The Arionum whitepaper is more like a lightpaper, as it is only 2 pages in length. I know I like my whitepapers concise rather than lengthy but this might be a little too brief. It also mentions that Arionum will be developing a graphical interface for asset creation, in an attempt to alleviate the problems faced by non-technical users in creating their own digital assets and currencies.
There needs to be much more detail on such an interesting aspect of development such as. Overall: again, rather disappointing. The latter two are currently disabled due to the phishing incident. Generally, it is quite difficult to judge the development progress of the project without a corresponding roadmap or a detailed whitepaper.
Obviously, speculatino stand-out achievement is writing the blockchain from scratch in PHP; a first for any cryptocurrency. Despite having only four months of available price-history, the Arionum chart exhibits two short-term market cycles. Price then formed a short-term accumulation range between and satoshis before breaking out, climbing above the pivot are around satoshis, all the way to new all-time highs at satoshis.
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I hope as soon as they are launched, there will be a good pump. This places it in the middle of the pack, relative to coins from previous reports. Ether as a currency, I fear, is misunderstood by many, and compared to bitcoin at least, substantially more risky and overvalued. Specluation said they would be more than happy to set up a BTCP pool after the fork. Alltcoins utility token functionality of BitShares explains this high concentration on exchanges, particularly when the use-case of market-pegged assets is taken into consideration.
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