Welcome to
ALTCAP, exclusively available on BitShares. If you're bored with the lack of volatility – spice up your trading with ALTCAP.
ALTCAP is a SmartCoin linked to the value of the total altcoin market capital.
ALTCAP is valued directly against the bitcoin market capital.
ALTCAP can be used to take advantage of the volatility between altcoins and bitcoins.
ALTCAP allows you to invest in all altcoins in one easy SmartCoin.
ALTCAP is one of the first SmartCoins backed by bitBTC
Trade @
http://j.mp/ALTCAPInfo @
http://cryptofresh.com/a/ALTCAPInfo @
https://bitshares.openledger.info/?r=by24seven#/asset/ALTCAPThis SmartCoin tracks the ratio of the altcoin market to the bitcoin market capital using
coincap.io For example:
Market Capital:
btcCap $ 6427240960.0
altCap $ 1557954478.0
ALTCAP Prices:
ALTCAP:bitBTC 0.24239864160935395
bitBTC:ALTCAP 4.125435659872984
According to your crypto currency preferences, test out your scenario below and enjoy this roller coaster ride!
ALTCAP = Altcoins v Bitcoins
ALTCAP SmartCoin Crypto Currency Competition.
Bitcoiners - borrow ALTCAP with bitBTC - sell it high and buy back cheaper for profit (short ALTCAP)
"V"
Altcoiners – buy ALTCAP low and sell it high for a profit.
ALTCAP is designed to be a high volatility SmartCoin which tracks the bitcoin : altcoin market capital ratio. If you're bored with the lack of volatility, this is the SmartCoin for you. This is also an easy way to invest in or short altcoins compared to bitcoin. You can also take advantage of the volatility between altcoins and bitcoins. Don't know which altcoin to invest in? Just choose ALTCAP and you have invested in them all!
Many thanks to
@xeroc for his help with the
feed script.
Witnesses, would you like to provide
feeds for this SmartCoin? Please post below.