Author Topic: Bit20 - The cryptocurrency index fund  (Read 18952 times)

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Offline EstefanTT

Bit20 - The cryptocurrency index fund
« on: December 19, 2016, 01:54:31 pm »


But how exactly is it made, what are the coins in it and how can I invest in it?

I'm here to share with you this promising blockchain project and answer all your questions. 

I wanted to create a tool that allows anyone to invest in the global economic growth of cryptocurrencies without a headache. Just buy something that will track this soon economic Cambrian explosion.
This tool had to be decentralised because we all know how centralised projects dealing with money end up, especially in the cryptocurrency world. So my team and I have created a cryptocurrency index fund (ETF like).

I want to spread the information about this index fund in the crypto community so everyone can invest in a great asset that will grow as the cryptocurrency global market grows. Not something going up and down wildly, but more something like a monster slowly waking up and devouring the fiat money markets.

I want it to be a place where you can store your value with a high probability that months later, you will still have your investment intact and a nice return on investment.

I also want to spread the word out of cryptocurrencies. My plan is to start with the cryptocurrency savvy crowd and then move on to trading forums, forex, stock markets and others. This is how I aim to make new money comes into this space. The bigger the index daily volume will grow, the easier is going to be to promote it and make people interested in crypto.

The index took almost a 2 years to be fully tested and heavily reviewed. It´s finally ready and has been officially launched on the BitShares decentralised exchange on 16/12/2016. The index is fully decentralised and every Bit20 will always be backed by a minimum of 175% of its value.

Here is the evolution of Bit20 ober the last 18 month in $ :



This is 100% secure, 100% decentralised, 100% pure cryptocurrency !

If you have any question, please have a look on the website at the "FAQ"  or "About Bit20" tab. If you don't find what you are looking for, I'll do my best to answer you in this post.




« Last Edit: December 23, 2016, 04:53:06 pm by EstefanTT »
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline 天籁

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Re: Bit20 - The cryptocurrency index fund
« Reply #1 on: December 19, 2016, 03:01:26 pm »
+5%

Offline Stan

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Re: Bit20 - The cryptocurrency index fund
« Reply #2 on: December 19, 2016, 03:21:20 pm »
+1
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline hcf27

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Re: Bit20 - The cryptocurrency index fund
« Reply #3 on: December 19, 2016, 03:27:47 pm »
Amazing!! many congrats!  +5%  +5%  +5%

I hope we can find some shorters for this market!


Offline yvv

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Re: Bit20 - The cryptocurrency index fund
« Reply #4 on: December 19, 2016, 04:12:19 pm »
Looking forward to hound my btsbot on it.

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #5 on: December 19, 2016, 06:02:54 pm »
Amazing!! many congrats!  +5%  +5%  +5%

I hope we can find some shorters for this market!

There are already some ;p



http://cryptofresh.com/a/BTWTY
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #6 on: December 19, 2016, 06:05:57 pm »
Looking forward to hound my btsbot on it.

I would love to see a trading bot on this market  +5% +5% +5%

Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline yvv

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Re: Bit20 - The cryptocurrency index fund
« Reply #7 on: December 19, 2016, 06:32:56 pm »
Looking forward to hound my btsbot on it.

I would love to see a trading bot on this market  +5% +5% +5%

There are already some. Btsbot reference price is a bit off now, but it will hopefully adjust. I feel that this coin is going to be successful.

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #8 on: December 19, 2016, 06:50:17 pm »
Looking forward to hound my btsbot on it.

I would love to see a trading bot on this market  +5% +5% +5%

There are already some. Btsbot reference price is a bit off now, but it will hopefully adjust. I feel that this coin is going to be successful.

It's a good feeling to have .. both for BitShares and Bit20  ;)
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline compumatrix

Re: Bit20 - The cryptocurrency index fund
« Reply #9 on: December 20, 2016, 01:15:18 am »
 +5%

Offline DestBest

Re: Bit20 - The cryptocurrency index fund
« Reply #10 on: December 20, 2016, 06:47:18 pm »
Awesome !  +5%
BitShares French ConneXion, le portail francophone BitShares.
BitShares French ConneXion, the BitShares french gateway.
www.bitsharesfcx.com

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #11 on: December 21, 2016, 01:35:16 pm »
On the 21st day of every month, Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. Some coins appear in the index and others disappear. Some of them gain weight and other lose some of it.

This new composition swap with the previous one without any disturbance of the index price.

We have run this operation today. Here is the new composition of the Bit20 Index Fund:

BTC / 10 % / 0.35831181695703 coins / 799.821 USD
ETH / 10 % / 37.199209735944 coins / 7.70407 USD
LTC / 10 % / 78.238296619253 coins / 3.66298 USD
XMR / 10 % / 33.772219777015 coins / 8.48583 USD
ETC / 10 % / 251.16149806351 coins / 1.14104 USD
DASH / 8.7433342390011 % / 24.658628597813 coins / 10.1616 USD
MAID / 5.2747667050028 % / 1601.6463697779 coins / 0.0943823 USD
XEM / 4.1356821886812 % / 31852.260162871 coins / 0.00372101 USD
STEEM / 3.9711412874907 % / 810.28584634357 coins / 0.140453 USD
REP / 3.8166925154033 % / 38.930540199065 coins / 2.80964 USD
ICN / 3.5079674915334 % / 307.90518157442 coins / 0.326507 USD
FCT  / 3.1909651978308 % / 30.978867219368 coins / 2.95196 USD
DOGE / 2.8887791504422 % / 380021.98060263 coins / 0.000217851 USD
WAVES / 2.6213206871199 % / 353.91400180968 coins / 0.212264 USD
XLM / 2.4693787079238 % / 24496.278131841 coins / 0.00288896 USD
DGD / 2.3290265860039 % / 7.0782800361936 coins / 9.42976 USD
PEERPLAYS / 2.3032139917805 % / 3.5391400180968 coins / 18.6505 USD
LSK/ 1.8395816647623 % / 356.73730553889 coins / 0.147783 USD
GAME / 1.5350986397995 % / 210.33401465615 coins / 0.209161 USD
EDR / 1.3730509472244 % / 48.208871895696 coins / 0.816232 USD

The composition is sent in the BitShares Blockchain so the witnesses can read it and publish the price in the decentralised exchange. Here it is :

http://cryptofresh.com/tx/14d715654ce5b724f4c27dd54982a84ee1d72c2f

Don't hesitate anymore and have a look on the Bit20 market : BitShares Decentralised Exchange pair (BTWTY : BTS)

You'll find on the website the composition with the updated price of each coin and the total value of the index



(BitShares almost make it but yesterday it went out of the index just before the revision happened ... next time, we'll be there !!!)
« Last Edit: December 23, 2016, 04:20:03 pm by EstefanTT »
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline Thom

Re: Bit20 - The cryptocurrency index fund
« Reply #12 on: December 22, 2016, 03:54:13 am »
Verbaltech2 is now publishing the feed for this index.
Injustice anywhere is a threat to justice everywhere - MLK |  Verbaltech2 Witness Reports: https://bitsharestalk.org/index.php/topic,23902.0.html

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #13 on: December 22, 2016, 12:38:33 pm »
Verbaltech2 is now publishing the feed for this index.

Indeed, Thom is then the 3rd witness to publish the price feed. The initial "promotion" where I gave 1% of the future benefit from Bit20 market to each of the 3 first witnesses is now closed.

With 3 witnesses we have enough "decentralisation" and "security" to grow this market to the next level.

Later on we may need more witnesses to publish the price feed in order to have a better public image if the market grow to a certain point. Feel free to send me a email to [email protected] if you wish to support Bit20 and publish the feed.

Special thanks you for Wackou who has been the first witness to publish the feed, quickly followed by Fox and now Thom (verbaltech2) !!!

« Last Edit: December 22, 2016, 06:33:11 pm by EstefanTT »
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline 天籁

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Re: Bit20 - The cryptocurrency index fund
« Reply #14 on: December 23, 2016, 12:23:14 pm »
Publisher [member=5333]Fox[/member] set MSSR=150%,others 110%,why?