Infographic : Crypto-currencies that did better than 10x return by year by dangermouse117

steemit · @dangermouse117 · Aug 22 '16 (edited)

$1.44

Infographic : Crypto-currencies that did better than 10x return by year

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<p>Below is a infographic of the top performing crypto-currencies achieving above 10x had you invested for up to one year and exited in any particular year. This analysis assumes the profile of an investor buying on an exchange (no ICOs or over the counter deals) and restricted to projects that have achieved $10m market cap as a proxy for liquidity and legitimacy.</p>
<p>See footnotes below for my methodology.</p>
<p><img src="http://dev.danger.co.nz/images/2016-cryptocurrency-investment-returns-by-year-v2.png" width="960" height="1156"/></p>
<h2>Points of Interest</h2>
<p>Without the $10m minimum, I calculate Bitcoin would have returned <strong>592x</strong> in 2011!</p>
<p>The alt-coin space is really warming up, if anything, the trend is for more opportunity now than the early days of Bitcoin.</p>
<h2>Methodology</h2>
<ul>
  <li>Returns are calculated at the peak price within a given year, divided by the lowest price within the 365 day period prior.</li>
  <li>It's easy to get 10x on small cap coins, pump and dump scam-coins, etc so market-caps below $10m at any time during the investment interval have been ignored, so for example Bitcoin didn't achieve a $10m market cap until 23 April 2011, returns involving prices before this period are ignored.</li>
  <li>Initial Coin Offerings have been ignored, even if they exceeded $10m for reasons that apart from it's outside of the profile of our investor, really there's no market driven price discovery mechanism to show organic gains.</li>
  <li>Ripple has been ignored because the Honey Badger doesn't give a shit. (21x in 2015, does anyone know how XRP's price is actually determined?)</li>
  <li>Returns are based on USD equivalent invested.</li>
  <li>Data was extracted from Coinmarketcap.com and CoinDesk's Bitcoin Price Index tool, the former does not have the full price history, did I miss any coins?&nbsp;</li>
</ul>
<p>[EDIT] - NXT makes the cut with 11x in 2014, thanks to @rand_om on the <a href="https://safenetforum.org/t/infographic-crypto-currencies-that-did-better-than-10x-return-by-year-maid-makes-the-cut-this-year/10885/2">Safenetforum</a> for pointing it out,</p>
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👍 erath, slowwalker, friend5, n628, joelkatz, top10, nixonnox, jimmco, rpf, goose, dv8silencersteem, canalytic, rigel, murh, matthewtiii, hotarugrey, sheis, spethoscope, cryptodev, mauriek, dangermouse117, adrix, superv, jareddevers, emajkl, hobgoblin, whitemike313, elmariac, knertopp, cecbdo, dykstranet, christoryan, jonno-katz

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properties (23)vote details (33)

voter	rshares	pct
erath	706,232,634,938	100%
friend5	81,765,119,412	100%
hotarugrey	555,296,988	100%
jonno-katz	0	100%
murh	1,441,076,281	33.01%
sheis	347,174,427	100%
joelkatz	30,517,928,963	100%
christoryan	0	100%
slowwalker	677,378,975,561	100%
mauriek	247,424,296	100%
top10	25,132,424,199	100%
cryptodev	251,737,012	100%
dangermouse117	243,390,167	100%
rigel	2,550,765,168	100%
rpf	10,390,738,128	100%
adrix	174,394,273	100%
emajkl	117,884,992	100%
jareddevers	118,309,286	100%
whitemike313	61,858,279	100%
n628	76,675,844,966	100%
hobgoblin	65,682,263	100%
dv8silencersteem	4,893,323,864	100%
nixonnox	20,646,205,646	100%
elmariac	60,676,805	100%
jimmco	11,169,048,601	50%
matthewtiii	776,525,042	100%
canalytic	3,703,446,024	100%
goose	6,376,332,073	100%
knertopp	55,200,645	100%
spethoscope	328,879,505	100%
cecbdo	54,854,137	100%
dykstranet	52,936,794	100%
superv	155,821,362	100%