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Week 10 Recap


Bill

Unfortunately there will be no weekly recap this week as I've been rather busy. Double recap next week? We'll see. All I have to say is, Bitcoin hit another new all time high of ~$6,150 USD this week!

Week 10 Results

Another big let down this week after seeing Bitcoin rally so hard. Let's just be honest: alts suck, for now. All the innovation is happening in alts, but unfortunately all the gains are being made elsewhere (cough bitcoin cough).

Loss for the week was -$29.04 USD (11%). The biggest winner this week was District0x with a gain of $0.59 USD (24%). The biggest loser this week was Polybius (surprise!) with a whopping loss of $6.49 USD (61%). Polybius had crazy gains last week with no real news to explain the rise (other than a few folks who pointed out a dividend was coming up). I won't go so far as to say it was a pump and dump, but it certainly appears that way. If anyone has information stating otherwise, please share! Details below:

Week 10 Summary

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Symbol Quantity Price October 15th October 22nd Week Change $ Week Change %
AEON 12.4 1.69 24.55 20.96 -3.60 -15%
BCN 8500 0.001478 12.02 12.56 0.54 5%
BTC 0.00248323 5924.63 14.18 14.71 0.53 4%
BNT 3.42 1.93 8.28 6.60 -1.68 -20%
DASH 0.035 273.05 10.76 9.56 -1.21 -11%
DCT 8.221 0.4536 3.56 3.73 0.17 5%
DNT 47.75 0.06345 2.44 3.03 0.59 24%
DOGE 6000 0.001012 6.40 6.07 -0.33 -5%
EDG 11 0.4337 5.33 4.77 -0.55 -10%
EOS 7.524 0.5142 4.29 3.87 -0.42 -10%
ETC 0.701 10.62 8.48 7.44 -1.04 -12%
ETH 0.029 293.01 9.78 8.50 -1.28 -13%
LSK 3.31 4.72 16.32 15.62 -0.70 -4%
LTC 0.2 56.15 13.29 11.23 -2.06 -16%
MAID 20 0.3464 7.97 6.93 -1.04 -13%
NXT 94 0.06029 6.29 5.67 -0.62 -10%
OAX 5.587 0.4096 2.64 2.29 -0.35 -13%
PLBT 1.346 3.13 10.70 4.21 -6.49 -61%
PPC 5.618 1.23 7.19 6.91 -0.28 -4%
QAU 59.229 0.1349 9.76 7.99 -1.77 -18%
SC 1400 0.003733 5.84 5.23 -0.61 -10%
SNC 112.863 0.02254 2.85 2.54 -0.31 -11%
STRAT 1.844 3.15 5.50 5.81 0.31 6%
STX 4.167 0.4504 2.47 1.88 -0.59 -24%
XDN 3700 0.001358 5.92 5.02 -0.89 -15%
XEM 38 0.2055 7.77 7.81 0.03 0%
XMR 0.12 85.74 11.37 10.29 -1.08 -10%
XRP 62 0.2008 16.19 12.45 -3.74 -23%
ZEC 0.04 211.68 9.30 8.47 -0.84 -9%
ZRC 7.808 1.18 9.29 9.21 -0.08 -1%
ZRX 28.066 0.2024 5.36 5.68 0.32 6%
Totals: 266.08 237.04 -29.04 -11%

Want to follow along?

If you're Canadian and want to try the same thing, I use QuadrigaCX (wire transfer, interac online) and Coinbase (VISA, Mastercard, AMEX) to purchase bitcoin, ethereum, or litecoin to transfer to an exchange that supports all these alternative currencies. I used HitBTC to buy all 31 currencies, but many exchanges will work just as well.

Click here for details about this experiment and what the rules are.

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