Venkatesh Rao@vgr·Sep 3, 2017@theartlav this should be possible for blockchain assets with our wave graph and price data. Useful for technical analysisQuote TweetVenkatesh Rao@vgr·Sep 3, 2017Is there an easy way to figure out the distribution of cost basis of current holders of an asset?1
A. L. V.@theartlav·Sep 3, 2017Replying to @vgrProblem is, finding automatic feeds of price info is kinda hard. Also, still not quite sure what "cost basis" is.1
Venkatesh Rao@vgr·Sep 3, 2017Replying to @theartlavAverage cost at which you acquired an asset I think? Seems simple enough. Point below which you'll take an absolute loss1
A. L. V.@theartlav·Sep 3, 2017Replying to @vgrStill confused how is that different form price and trade volume. We can't know how long the asses was held, only average price of purchase.1
Venkatesh Rao@vgr·Sep 3, 2017Replying to @theartlavHold time = time since last transaction of that balance, no? Though it will confuse leftovers in bitcoin and non-sale movements1
A. L. V.@theartlav·Sep 4, 2017Replying to @vgrThere is no concept of "balance" in Bitcoin, and plenty of people buy via "banks" like Coinbase to store there. Also, people use that stuff.21
Venkatesh Rao@vgrReplying to @theartlavfine, fine. I was really just thinking of the meaning of a sort of subtraction of the bitcoin wave from itself in the past1:30 AM · Sep 4, 2017