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RE: A Cryptoasset Index Fund on Bitshares

in #bitshares6 years ago

I'm curious of what your outlook on Twentix would look like if bts were to make strides back into the top twenty. Obviously this can be seen as a positive for those taking positions currently, but I think that bts popping in and out of the top twenty could pose a few issues. What's your feeling on this?

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At the moment bts is outside of the top 20 coins. This increases the heterogeneity of the overall smartcoin position and strengthens it against global settlement. Because the collateral and liability have lower correlation when bts is outside of the top 20 twentix should exhibit more characteristics of antifragility.

If bts were to return to the top 20 then the correlation between the collateral and liabilities would increase. This would increase the degree of fragility for the system. But as with all complex markets, effects are not easily predicted at the outset. That is why markets are so engaging!

@jhon-robert Do you think if the price increases then everyone will benefit?? But If it is beneficial to all, then why does it drop and grow again and again?? What is your felling this tropic??

If price of general cryptos increase this will benefit holders of twentix. you can see all the coins twentix is dependent on @ twentix.info

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