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Week 9 Recap

Bitcoin smashed through $5,000 USD this week for the first time since September 1st, and kept rising to an all time high of over $5,800 USD. Alt's tend to take a pretty big hit when Bitcoin surges like this, but overall they weathered quite well and most posted some solid gains.

Short recap of this weeks news:

That's it for news this week.

Week 9 Results

It was an okay week. Checking the portfolio balance tonight was a big letdown because I've been glued to the coinbase app on my phone, watching the price of Bitcoin rise all week (I hold bitcoin outside of this portfolio). Only one alt-coin managed to beat Bitcoin this week, and it was our weekly winner: Polybius! I'll be damned if I know why it went up as much as it did though (no news sources I could find had any information about it). It's gain for the week was +5.44 USD (103%). The biggest loser this week (by absolute USD loss) was...EDGELESS! with a loss of -1.12 USD (-17%). Edgeless...what a tire fire. Edgeless, Stox, Stratis, and DigitalNote were pretty neck and neck for biggest loss this week. Details below:

2x Support

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Symbol Quantity Price October 8th October 15th Week Change $ Week Change %
AEON 12.4 1.98 23.81 24.55 0.74 3%
BCN 8500 0.001414 11.02 12.02 1.00 9%
BTC 0.00248323 5709.23 11.47 14.18 2.71 24%
BNT 3.42 2.42 7.76 8.28 0.51 7%
DASH 0.035 307.57 10.59 10.76 0.18 2%
DCT 8.221 0.4333 4.04 3.56 -0.48 -12%
DNT 47.75 0.05104 1.91 2.44 0.53 28%
DOGE 6000 0.001067 6.31 6.40 0.10 2%
EDG 11 0.4841 6.44 5.33 -1.12 -17%
EOS 7.524 0.5701 4.54 4.29 -0.25 -6%
ETC 0.701 12.1 8.53 8.48 -0.05 -1%
ETH 0.029 337.11 8.97 9.78 0.81 9%
LSK 3.31 4.93 15.56 16.32 0.76 5%
LTC 0.2 66.45 10.69 13.29 2.60 24%
MAID 20 0.3985 8.51 7.97 -0.54 -6%
NXT 94 0.06688 6.54 6.29 -0.25 -4%
OAX 5.587 0.472 2.99 2.64 -0.35 -12%
PLBT 1.346 7.95 5.26 10.70 5.44 103%
PPC 5.618 1.28 7.30 7.19 -0.11 -2%
QAU 59.229 0.1648 9.91 9.76 -0.15 -2%
SC 1400 0.004168 5.82 5.84 0.02 0%
SNC 112.863 0.02528 3.56 2.85 -0.71 -20%
STRAT 1.844 2.98 6.49 5.50 -1.00 -15%
STX 4.167 0.593 3.48 2.47 -1.01 -29%
XDN 3700 0.001599 6.97 5.92 -1.06 -15%
XEM 38 0.2046 7.37 7.77 0.41 6%
XMR 0.12 94.76 10.83 11.37 0.54 5%
XRP 62 0.2611 17.10 16.19 -0.91 -5%
ZEC 0.04 232.62 9.66 9.30 -0.35 -4%
ZRC 7.808 1.19 7.96 9.29 1.33 17%
ZRX 28.066 0.191 5.54 5.36 -0.18 -3%
Totals: 256.93 266.08 9.15 4%

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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