Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VLTY] VolatilityCoin| x15 |POD| ~ A CryptoCoin Index | Bittrex
by
alfbugbug
on 21/09/2014, 20:53:54 UTC
The whitepaper makes less and less sense - 5 of the 8 ages are directed towards volatility calculation - fine enough, what is the purpose of tracking volatility? It talks about VCTIE - " automatic bot trading based on VLTY values"? Trading what exactly? Why will Volatitily coin even track the volatility in the market? Is the bitcoin collected used to hold/trade the coins? If not, how will it act as a share? What is backing the volatility coin other than "it should track".

Great questions you make here.