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Show HN: RandomCoin – A cryptocurrency that changes its price every second

eugenekudashev.com

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Re: Show HN: RandomCoin – A cryptocurrency that changes its price every second

#5
I realize that this is a tongue-in-cheek "game", and its good at that.

But I would argue that the proper mechanism for the random-pattern is a random-walk of the %increase or %loss at each step, and not the uniformly-varying price that's rather easy to game.

----

Perhaps this "game" is more fun with a uniformly-varying price however.

Re: Show HN: RandomCoin – A cryptocurrency that changes its price every second

#7

I realize that this is a tongue-in-cheek "game", and its good at that. But I would argue that the proper mechanism for the random-pattern is a random-walk of the %increase or %loss at each step, and not the uniformly-varying price that's rather easy to game. ---- Perhaps this "game" is more fun with a uniformly-varying price however.

thank you! agree completely. i have some ideas how to develop it further and add more randomness to it, but i really wanted to get something out as soon as possible, and if there's gonna be enough interest, i'm going to keep making it more complex, and, ultimately, more fun!

Re: Show HN: RandomCoin – A cryptocurrency that changes its price every second

#8
:)

If you add CALL and PUT options (American style ie., exercisable anytime before expiry), perhaps one can try buying both (ie., hedging) and profit from both the random upside as well as random downside without really HODLing the underlying RandomCoin.

Re: Show HN: RandomCoin – A cryptocurrency that changes its price every second

#9
post #8

:) If you add CALL and PUT options (American style ie., exercisable anytime before expiry), perhaps one can try buying both (ie., hedging) and profit from both the random upside as well as random downside without really HODLing the underlying RandomCoin.

looooooooooooool i love this
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