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Week 13 Recap

Well my goodness, what a week!

  • 2X got called off.
  • Bitcoin crashed over 25% from it's most recent all time high.

  • Bitcoin Cash surged 500% as 2X'ers jumped ship to BCH.

  • The rapid price increase in Bitcoin Cash made it more profitable than Bitcoin to mine, causing a massive exodous of miners from mining BTC to mining BCH. Without enough miners, the mempool started growing rapidly, causing a major slow down in transaction confirmations. This in turn caused BTC TX fee's to surge to over 800 satoshi's/byte for next block confirmation.

Week 13 Results

For the first time since I started this experiment, everything did better than Bitcoin this week! That tells you how crazy the last week has been when Bitcoin is the worst performer among a basket of 30 cryptos. Winner this week: DASH with a gain of +6.26 USD (+66%). Biggest loser this week: Bitcoin with a loss of $4.09 USD (-22%).

That's all!

Week 13 Summary

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Symbol Quantity Price November 5th November 12th Week Change $ Week Change %
AEON 12.4 1.39 18.48 17.24 -1.24 -7%
BCN 8500 0.001008 10.54 8.57 -1.97 -19%
BTC 0.00248323 5699.99 18.25 14.15 -4.09 -22%
BNT 3.42 1.77 6.36 6.05 -0.31 -5%
DASH 0.035 449.07 9.46 15.72 6.26 66%
DCT 8.221 0.342 3.72 2.81 -0.90 -24%
DNT 47.75 0.03466 1.75 1.66 -0.10 -5%
DOGE 6000 0.001034 7.05 6.20 -0.85 -12%
EDG 11 0.5389 5.43 5.93 0.50 9%
EOS 7.524 1.04 8.58 7.82 -0.75 -9%
ETC 0.701 14.49 9.20 10.16 0.96 10%
ETH 0.029 304.34 8.58 8.83 0.25 3%
LSK 3.31 5.17 14.80 17.11 2.32 16%
LTC 0.2 57.29 10.93 11.46 0.53 5%
MAID 20 0.3882 6.54 7.76 1.22 19%
NXT 94 0.06018 5.33 5.66 0.32 6%
OAX 5.587 0.3643 2.43 2.04 -0.39 -16%
PLBT 1.346 2.62 3.63 3.53 -0.11 -3%
PPC 5.618 1.35 7.53 7.58 0.06 1%
QAU 59.229 0.06087 6.39 3.61 -2.79 -44%
SC 1400 0.003705 4.73 5.19 0.46 10%
SNC 112.863 0.02983 3.20 3.37 0.16 5%
STRAT 1.844 2.8 5.68 5.16 -0.52 -9%
STX 4.167 0.5282 2.45 2.20 -0.25 -10%
XDN 3700 0.00171 8.45 6.33 -2.13 -25%
XEM 38 0.1808 6.27 6.87 0.60 10%
XMR 0.12 117.58 10.33 14.11 3.78 37%
XRP 62 0.191 12.42 11.84 -0.58 -5%
ZEC 0.04 243.68 8.98 9.75 0.76 8%
ZRC 7.808 1.14 11.71 8.90 -2.81 -24%
ZRX 28.066 0.182 4.98 5.11 0.13 3%
Totals: 244.17 242.70 -1.46 -1%

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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