Hi all.
I will make a new P&F chart for BPI for cryptos. I decided to use 20 coins, including of course BTC.
Help me choose the next 19. You have 3 votes. Use them wisely.
I think that the 50 coins listed here are more than enough.
If you want a not listed coin, post here and we will see what can be done - I won't take into consideration newbies accounts.
I think BPI for the crypto sector is a great idea. I think having 20 constituent coins is a good idea, too.
I'm less enthusiastic about voting in the constituents. Like other posters, I think trading volume is the most useful way to select most/all of the constituents. Could I suggest making the top 15 the largest (by trading volume) coins, and the next 5 maybe select them by "biggest movers" - e.g. if a coin moves from 100th to 50th on the list, it's moved 50 - if that was the largest move it'd be placed 16th on the list.
Regardless of the above, I believe the methodology for choosing the constituent coins should be fixed and known in advance - otherwise it'll just lead to arguments about why coin X was selected and coin Y wasn't. I'd like BPI to be as representative of the crypto sector as possible - I don't believe that's as likely to happen if the constituents are chosen by polling a small subset of all coin users.
