Here at Reno Blockchain, we are currently a group of 12 blockchain and cryptocurrency enthusiasts who have created 2 competing cryptocurrency speculation teams:
1- the Bitcoin Bulldogs, and
2- the Winklevoss Wildcats.
The Bulldogs have chosen a strategy where they remain loyal to Bitcoin and ONLY speculate on Bitcoin positions. Meanwhile, the Wildcats are free to choose any coin or coin/currency pair for their positions. We have finished Round 7 of 2018 (from 6/17/2018 through 7/14/2018). Each round is always 4 weeks (28 days) long and each week runs from Sunday 12:00 AM through Saturday night 11:59 PM. Each team started on 1/28 with $2500.00 and after 168 days, here is the ranking history up until the end of Round 7:
<table>
<tr>
<th>Week</th><th>Date</th><th>Market Cap</th><th>P/L</th><th>Bulldogs</th><th>Wildcats</th>
</tr>
<tr>
<td>Start</td><td>Jan 28 2018</td><td>$561.9B</td><td>0.00%</td><td>0.00%</td><td>0.00%</td>
</tr>
<tr>
<td>Wk 01</td><td>Feb 04 2018</td><td>$449.5B</td><td>-20.00%</td><td>0.00%</td><td>0.00%</td>
</tr>
<tr>
<td>Wk 02</td><td>Feb 11 2018</td><td>$386.5B</td><td>-31.21%</td><td>-1.44%</td><td>-5.85%</td>
</tr>
<tr>
<td>Wk 03</td><td>Feb 18 2018</td><td>$494.4B</td><td>-12.01%</td><td>+7.54%</td><td>+12.64%</td>
</tr>
<tr>
<td>Round 2</td><td>Feb 25 2018</td><td>$433.1B</td><td>-22.92%</td><td>+4.46%</td><td>-0.70%</td>
</tr>
<tr>
<td>Wk 05</td><td>Mar 04 2018</td><td>$452.4B</td><td>-19.49%</td><td>+13.36%</td><td>+6.46%</td>
</tr>
<tr>
<td>Wk 06</td><td>Mar 11 2018</td><td>$364.8B</td><td>-35.07%</td><td>+3.29%</td><td>-11.18%</td>
</tr>
<tr>
<td>Wk 07</td><td>Mar 17 2018</td><td>$297.2B</td><td>-47.10%</td><td>+1.11%</td><td>-32.84%</td>
</tr>
<tr>
<td>Round 3</td><td>Mar 24 2018</td><td>$328.7B</td><td>-41.49%</td><td>+2.71%</td><td>-22.03%</td>
</tr>
<tr>
<td>Wk 09</td><td>Mar 31 2018</td><td>$259.6B</td><td>-53.80%</td><td>-7.22%</td><td>-36.79%</td>
</tr>
<tr>
<td>Wk 10</td><td>Apr 07 2018</td><td>$260.8B</td><td>-53.80%</td><td>-5.80%</td><td>-28.73%</td>
</tr>
<tr>
<td>Wk 11</td><td>Apr 14 2018</td><td>$324.3B</td><td>-42.29%</td><td>+2.52%</td><td>-8.39%</td>
</tr>
<tr>
<td>Round 4</td><td>Apr 21 2018</td><td>$386.8B</td><td>-31.16%</td><td>+4.30%</td><td>-9.38%</td>
</tr>
<tr>
<td>Wk 13</td><td>Apr 28 2018</td><td>$440.3B</td><td>-21.65%</td><td>+4.45%</td><td>-1.04%</td>
</tr>
<tr>
<td>Wk 14</td><td>May 05 2018</td><td>$455.5B</td><td>-18.94%</td><td>+6.85%</td><td>-2.43%</td>
</tr>
<tr>
<td>Wk 15</td><td>May 12 2018</td><td>$389.0B</td><td>-30.76%</td><td>-1.98%</td><td>-20.50%</td>
</tr>
<tr>
<td>Round 5</td><td>May 19 2018</td><td>$378.9B</td><td>-32.58%</td><td>-3.75%</td><td>-25.74%</td>
</tr>
<tr>
<td>Wk 17</td><td>May 26 2018</td><td>$325.8B</td><td>-42.01%</td><td>-11.53%</td><td>-41.69%</td>
</tr>
<tr>
<td>Wk 18</td><td>Jun 02 2018</td><td>$348.3B</td><td>-38.02%</td><td>-7.92%</td><td>-46.14%</td>
</tr>
<tr>
<td>Wk 19</td><td>Jun 09 2018</td><td>$325.1B</td><td>-42.14%</td><td>-10.04%</td><td>-51.67%</td>
</tr>
<tr>
<td>Round 6</td><td>Jun 16 2018</td><td>$281.0B</td><td>-49.99%</td><td>-19.61%</td><td>-58.88%</td>
</tr>
<tr>
<td>Wk 21</td><td>Jun 23 2018</td><td>$240.8B</td><td>-57.14%</td><td>-23.10%</td><td>-65.89%</td>
</tr>
<tr>
<td>Wk 22</td><td>Jun 30 2018</td><td>$256.1B</td><td>-54.42%</td><td>-21.15%</td><td>-65.88%</td>
</tr>
<tr>
<td>Wk 23</td><td>Jul 07 2018</td><td>$268.4B</td><td>-52.22%</td><td>-16.54%</td><td>-65.07%</td>
</tr>
<tr>
<td>Round 7</td><td>Jul 14 2018</td><td>$250.4B</td><td>-55.43%</td><td>-21.15%</td><td>-65.32%</td>
</tr>
</table>
As you can see, while the entire crypto market has fallen almost 3% this week, it is still down over 55% of its value in the past 168 days. The Wildcats are down over 65% (a slight change from last week and buying back into Bitcoin when it "dips") while the Bulldogs have lost almost 5% from last week to -21.15% (with almost 94% exposure to Bitcoin). The Wildcats currently have 13% of their resources in USD ready for the Bitcoin price to fall. Meanwhile, the Bulldogs have been "buying dips" too. They now have about 6% of their resources in USD which keeps them in a position to buy more Bitcoin- looking for dips where the price falls below $6K or even $5K.
<hr>
Statistics from <a href="http://www.coinmarketcap.com">www.coinmarketcap.com</a>:
Jul 14 2018 00:02:00 UTC -07:00
$250,467,000,000 USD: Total Market Capitalization
$8,857,710,000 USD: 24-Hour Volume
43.11%: Bitcoin Dominance
Statistics from <a href="https://coin.dance/nodes">https://coin.dance/nodes</a>:
9137: Bitcoin Nodes