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I started work on the live dashboard this week to display all these charts in real time. Didn't make a great deal of progress, but I did start it. I found some time to add baselines against BTC in my diverging stacked bar charts, which paints a very interesting picture. If you're new to this series, check out my first post on this topic and my week 2 results.

Selecting the winner/loser pair this week was tricky. The portfolio is no longer balanced so some currencies comprise a greater portion than others. This means that although one currency might have lost the most in terms of absolute dollars, it may not have suffered the largest loss in terms of a percentage. For example, STOX lost the most on a percentage basis at -35% (-2.67 USD), however AEON lost the most in terms of absolute dollars, -3.49 USD (26%). For the time being I believe it makes more sense to pick the winner/loser of the week based on their absolute impact on the portfolio, meaning that the largest gain/loss in USD and not percentage will be the deciding factor.

Alas, this week was a bit anticlimactic. After multiple days of solid gains, the price of Bitcoin crashed and most alt-coins crashed even harder. The result was a $20 billion dollar sell off in the course of about 24 hours, reducing the total market cap of all cryptocurrencies from $180 billion to $160 billion USD. So we ended up pretty much even with last weeks balance, although at one point this week we were up at least 10+%.

This week's big winner is ByteCoin with a gain of +6.48 USD (52%) and the biggest loser was AEON with a loss of -3.49 USD (26%). Details below:

week3_summary

week3_positions

week3_usd_percent

week3_usd

Here are the same diverging bar charts showing absolute gain and percent gain, but baselined againsnt BTC. You can see that Bitcoin shows $0 gain for the week, and 0% increase:

week3_btc_percent

week3_btc

week3_balance

This chart with every currency on it is so useless, I don't even know what to say other than I'm sorry, I'm a monster.

bustermonster

week3_multiline

Symbol Name Quantity Price (USD) Aug. 27th Balance (USD) Sept. 3rd Balance (USD) Week Change (USD)
AEON AEON 12.4 0.7885 13.27 9.78 -3.49
BCN ByteCoin 8500 0.002227 12.45 18.93 6.48
BTC Bitcoin 0.00248323 4584.12 10.81 11.38 0.58
BNT Bancor Network 3.42 2.84 10.19 9.71 -0.48
DASH Dash 0.035 355.52 12.75 12.44 -0.31
DCT Decent 8.221 1.15 9.78 9.45 -0.33
DNT District0x Network 47.75 0.09127 6.33 4.36 -1.97
DOGE DogeCoin 6000 0.002142 10.70 12.85 2.15
EDG EDG 11 0.7665 7.94 8.43 0.49
EOS EOS 7.524 1.28 10.01 9.63 -0.38
ETC Ethereum Classic 0.701 19.35 11.29 13.56 2.27
ETH Ethereum 0.029 349.84 9.88 10.15 0.26
LSK Lisk 3.31 7.14 25.62 23.63 -1.99
LTC LiteCoin 0.2 79.23 12.29 15.85 3.56
MAID MaidSafeCoin 20 0.6695 12.06 13.39 1.33
NXT Nxt 94 0.107 11.08 10.06 -1.02
OAX OpenANX 5.587 0.7266 5.59 4.06 -1.53
PLBT Polybius 1.346 6.2 10.69 8.35 -2.34
PPC PeerCoin 5.618 1.88 10.90 10.56 -0.34
QAU Quantum 59.229 0.229 12.62 13.56 0.95
SC SiaCoin 1400 0.008618 11.27 12.07 0.79
SNC SunContract 112.863 0.04579 6.89 5.17 -1.72
STRAT Stratis 1.844 6.52 13.26 12.02 -1.24
STX Stox 4.167 1.17 7.54 4.88 -2.67
XDN DigitalNote 3700 0.002687 8.77 9.94 1.17
XEM NEM 38 0.3001 10.37 11.40 1.04
XMR Monero 0.12 125.1 15.66 15.01 -0.64
XRP Ripple 62 0.2296 12.54 14.24 1.70
ZEC ZCash 0.04 262.5 11.06 10.50 -0.56
ZRC ZR Coin 7.808 1.54 12.41 12.02 -0.39
ZRX 0x Protocol 28.066 0.292 9.87 8.20 -1.68
Totals: 345.88 345.58 -0.30

Do you want to follow along?

If you're Canadian and want to try the same thing, I use QuadrigaCX to purchase bitcoin, ethereum, or litecoin to then transfer to an exchange that supports all these alternative currencies. QuadrigaCX let's you verify your identity using Equifax (the credit reporting service) and it takes only a minute or two. It certainly beats trying to take a picture with your webcam of you holding up your identification and a piece of paper with today's date (I'm looking at you Poloniex). Funding your account is relatively easy as you can use Interac Online to fund your account instantly. I used HitBTC to buy all 31 currencies.

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