Why isn't Cryptolume free?
Cryptolume stores millions of rows of data per day and we hold that information for long periods of time. This is important because it allows us to create formulas based of previous price history and allows us to give more accurate data on our charting and alerting applications. We run Slack channel support and pay for Slack premium service, which is an overhead every month too. Ensuring that Cryptolume runs fast, is our goal. We run scalable AWS cloud-based servers.
Data is a big problem in the tech industry, and in order to scale our systems and offer high uptime we charge a monthly subscription fee for the use of our services. We have a dedicated support team of developers who are working hard to ensure the system has high-availability, useful features and the prevention of abuse.
We believe the price we have set for Cryptolume per month is a fair one.
Cryptolume has a long-term vision, and we'd love or you to be a part of it. Here's a bit of an example of what we have in store, however we've kept a few things hidden to avoid competitors and protect our subscribers. We look forward to the bright future ahead.
Graph App / Alerts (Q4 2017)
The ability to look at volume, price action, oversold/overbought cryptocurrencies and receive alerts via Slack (Chat Application).
Candle Formulas (Q4 2017)
Algorithm implemented to analyze 5/15/30 minute and 4/24 hour candles. We're the first crypto analysis tool to digest this information in these short intervals.
Social Data Science (Q1 2018)
Formulas added to the mix where sentiments on social networks for cryptocurrencies is factored into our programming logics to catch moving markets.
Smart Trends (Q1 2018)
Multiple algorithmic calculations (RSI, MACD, Price etc) will be put together throughout our already existing database store and codebase to catch early market action.
UI Facelift (Q2 2018)
At this stage we will have large scale data on all of our formulas and will be implementing a complete UI change for desktop and build a mobile app.
User Options (Q3/4 2018)
With our new web application and mobile technology we will be allowing users to create their own rules for cryptocurrency trend analysis.
The best tech for Cryptolume is that of which we haven't thought of yet. This is only the start. We plan to follow the cryptocurrency market very closely, listening to our user needs and implementing all of this through the use of data science and programming technologies. - Meruem, Founder
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