In my previous post I looked at
growth rates for the top 25 crypto currencies by using liner regression on their
closing prices for the previous year. My intent was to justify my feeling that
one ought to focus on bitcoin (BTC) only and ignore the other alternative
coins. Unfortunately, that wasn’t supported by the growth rates over the past
tear. However, looking at the graph for BTC and VEN (Vechain) one can see both
coins were dormant over the 1st six months of the year followed by
rapid growth in the last quarter of 2017 and a rapid fall in the 1st
quarter of 2018. I decided to do the same growth analysis for the last 2
quarters and the 1st quarter of 2018. The following link is to a chart
containing the growth rates.
The coins with a growth rate
greater than BTC in each period are shaded in yellow. The coin identifiers that
are shaded in yellow are those with growth rates exceeding BTC in all 3
periods.
The fact that 5 of the 25 coins
had growth rates better than BTC causes me to pause. I think I’ll need to take
a more detailed look at these.
I’ve updated my sharable file with
the detailed growth rate data for all 3 periods. You can find and download it
at;
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and I’ll tweet when I have a new post.
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