The best thing that’s ever happened to crypto happened today.
Crypto got its first ever official ratings release, and by none other than the only major ratings agency that is independent and impartial.
Weiss Cryptocurrency Ratings
And STEEM is in the top 5!
. . .
. . .
And Bitshares is in the top 15!
. . .
And EOS is battling with ETH for NUMBER 1!
. . .
WOW!
. . .
Guess we’ve made some pretty good choices here. 😎
Thank you reddit for the full list.
People should not misinterpret these ratings either! Without A's and the majority rated as C it makes it seem rather negative, but I looked into it and on their website they explain how they came to these ratings.
So basically everything that gets a C is counted as 'fair' and B's are 'good'.
With this in mind, it gives a new dimension looking at these charts.
Thank you for that. A lot of people are asking about that, and I shall refer them here. 🙂
This is welcomed news @cryptographic. I am only upset I was left holding powder when BTS ran. At least I was able to add two more batches...one for some LTC and the other for fiat.
As for the ranking it is good although I admit I have no idea who Weiss is. Anyway, they seem a tad bearish on BTC and others. I see there were no A rankngs so being in the B range is an accomplishment.
STEEM and BTS are going to do really well this year....too much activity on the blockchain. What is nice, is both can focus upon growth while BTC, ETH, and LTC are trying to figure out how to scale up.
Much different outlook on things....and set of problems.
To be fair bitcoin has many flaws it's tx are way to slow and it's mining consumes huge amount of electricity too and man it's fees are so high not many can afford the fees of btc and to me the best crypto right now on the internet is steem it is super fast like rocket it has no fees and it consumes very very little electricity too and what more it can be mined with the proof of brain and proof of stake and it has zero scalability problem, it's wallet is also super secure, if for x reason we lost our steem wallet key steem give us option to recover it too, steem blockchain continuously developing and new interesting platforms are building on top of steem blockchain regularly, so to me steem is the future crypto and we surely see more growth in steem soon, thanks for sharing your nice thoughts with us, Stay blessed
@cryptographic,
I didn't see you published the full report, I did the same by getting materials from twitter! Sorry for that friend! Now I see your report!
As you predicted STEEM, EOS, ADA listed at the top and BTS is following! The truth is revealing now! But you saw it, you smelled it before them :D That's the important thing! Amazing update and 2018 will be a great year for all of us!
Cheers~
Your analysis of the coins fundamentals is spot on HR, good to see some external validation. Many people commenting that this list is fake, I think it's a wake up call. Do I agree with all its ratings? No, but definitely the top rated ones seem to make sense.
I am annoyed that as Bittrex is not signing up new users for the past month, and Poloniex is slow with deposits, this has resulted in squiring less STEEM than wanted.
Oh well...in real estate they say the deal of the decade comes around once a week, let's hope that applies to Crypto too ;)
@cryptographic - Sir when I watching this rating it reminds me one thing... I don't know how you are doing it, but Sir you are a genius market predictor... Sir how can you read the future of market?... You are the person who told us to focus on Steem, Eos, Bts & Ada... We did & now it's heading to the future... I'm really excited by this news & I'm lucky have a person like you as my advisor of crypto portfolio... Thank you Sir...
+W+
Hello @cryptographic,
STEEM should be going nowhere but up- Legit IT Breakout in STEEMI've taken my crypto portfolio down to a very low level of diversification with STEEM, BTS, BitUSD, some SBD, and that handful of ADA.- Portfolio Rebalancing - Jan 2018 - Done!Anytime is a good time to buy STEEM and Bitshares- Anytime is a Good Time!Of course, I personally "dumped" BTC long ago in favor of better prospects, and I haven't done bad at all.- A Better Possibility?EOS - Number 1
STEEM / ADA - Number 3
BTS - Number 15
BTC - ?
Of course, I personally "dumped" BTC long ago in favor of better prospects, and I haven't done bad at all.Extraordinary good market analysis & your wise decision has been proven here. Incredible thought & review of this high fluctuation crypto market place.
~@mywhale
That really is incredible... and very exciting!
We all knew the Steem blockchain was good, but it's really exciting for that to be recognized by Weiss. I noticed the entire crypto market got a boost as soon as these results were released... I think it was the little booster shot everyone needed to bring that money in from the sidelines.
Stan Larimer coins representin' with 3 in the top 15! Mighty impressive and should be a good sign for appreciation in the future! Awesome seeing STEEM in the top 5. This should bring a new wave onto the platform, stoked for the 2018!
what about @dan, heard he put in some work ;P
Of course, that's my bad. Can't forget about @dan!
steem got B- that pretty good . It's very good in comparison to the rest of the list and Ethereum , EOS both got higher ratings. Yes you are right we’ve made some pretty good choices here but why there is no A grade cryptocurrency?
B- is a very good rating when considering that this is the first report on a still rather speculative sector. I think it's very reasonable that there weren't even any B+, let alone A-, as we're still in a very early stage of development. The competition now will be for the first to make B+!
See @pandorasbox's comment above for more on Weiss's rating scale.
EOS in next ETH, so considering the price of ETH as 1100 now and having a supply of close to 100 million where as EOS having a supply of 1 billion, the justified value of EOS should be 110 usd per token and it should be the parity for EOS as well in the current scenario and therefore EOS potential is much more and huge from here.
Therefore buy EOS as much as you can. BTS and STEEM has also tremendous potential and the name "Dan Lariemer" will be the most popular name of 2018 in the crypto segment.
Steem in first half of 2018 could go as high as 25usd or 165K satoshi...
Thank you @cryptographic and Have a great day.
I came up with 400+ running the numbers for STEEM. 😋
Weiss choice is very good as they gave good ratings to EOS over ADA. I'm happy with their grading system but they should give B+ or B- ratings to bitshares also. what do you think?
Upvoted & resteemed
@richcg provided us with a fairly nice explanation in a recent post that can be found here:
https://steemit.com/bitshares/@richcg/bitshares-got-a-c-in-the-weiss-cyrptocurrency-report-i-believe-this-is-good-news
This is more than deserved for STEEM, I am sure this will bring lots of positive publicity for the STEEM blockchain. I think Dan Larimer should be very proud of himself, I can't wait to see EOS in action. To be honest some of the ratings surprised me - BTC (C+). Obviously WeissRatings like 3.0 blockchain - EOS, Steem, ADA.
Overall it was about time !
This is quite effective. I follow you closely. And I trust you. I will be a member of this site right away. I hope it will be a lucky change for me.
@cryptographic
It's a wonderful thing to take Steem's B-. I was expecting that for Eos and Ethereum. but surprised me bitcoin. I was not expecting C +.
and steem shows power. I think that your value will increase very soon.
Thanks for information.@cryptographic
@cryptographic,
Yesterday I had a chance to read about DPoS, PoS and PoW. STEEM, BTS belongs to DPoS and build by Graphene's blockchain framework. Graphene is the fastest and the real time blockchain technology so far! Actually this is the future. I am not going to sell my BTS, STEEM to anyone! It will be precious in future, that's how I feel it!One more thing! I wish to hear your review about EOS too! Coz I want to hear from genius like you do!
Lol, I hold all the B's except cardano... I'm still wondering about these ratings though, there sure are a ton of C's, and not a single A, like what will constitute and A? Shouldn't we have one for reference, or are we waiting for the chosen one, EOS, to actually launch haha
I think it's reasonable not to expect to see standouts so early in the game. Crypto is still very speculative and it would be risky for a ratings agency to put to high a rating on anything so soon, regardless of how good it might be. I'm not surprised that B is the highest for now and wonder how long it will be until we actually see an A-. The first B+ this year?
Valid points, I guess I could see an A based on comparison, but otherwise you're right
This isn't surprising in the least. All that really surprises me is that more people haven't found out already.
The info is all there on blocktivity.
That screams undervalued.
Steem is taking a trip to the moon when more people realize this.
Thanks for the post.
Keep Steeming!
wow that's an excellent news and i think that's why steem is going upwards like crazy and now we might see atleast 10$ steem soon, thanks for sharing this all important news with us, Stay blessed
See even in a red market EOS is holding quite well and the bullish bias is still on and so much attention is being paid to EOS these days in crypto market and the demand has also gone up, it will go at least 5X from this level.
BTS will also rock and Steem has already been surging.
This is awesome, thanks for sharing a resource I wasn't aware of, mostly because my experience with trading other asset classes has been minimal.
Looks like the way to access this data is through a subscription? If so, kudos to you for sharing with the community a resource that you paid for yourself - I know not many individuals would do that. BTS, STEEM, and EOS are part of my LT portfolio and seeing these ratings definitely re-affirms my confidence in the tech surrounding them.
Grateful for your contributions and hopefully you continue to share these resources that may not be on the radar of many crypto investors and traders.
First of all thank you so much for letting us know about the crypto rating agency and I will go through in details about it.
Second point is that EOS is gathering much more support these days and I will not be surprised if EOS will touch 50 usd by March 2018.
Steem today has already surged to 60000 satoshi and has turned bullish in the daily chart and BTS will also rise in near future.
Thank you @cryptographic...steem on and stay blissful...
steem much stronger than most other currencies and the most important features are having a strong network awareness of the society steemit and this will make it progress quickly and facebook and rise to me big numbers matter matter only time
So we have to work more and invest and raise the rhythm more. @cryptographic
Oh, yes, it's very pleasant that the STEEM was included in the list of rating currencies according to the opinion of the Weiss Rating Agency. We see again what we are talking about on the STEEM, namely, that the STEEM is more perfect in many ways, it is commission-free transactions, better bandwidth and scalability, I most importantly have the same quality as the social network, which speaks of a broader spread among ordinary people. I'm sure if the STEEM has such recognition from such an agency, then the future of the STEEM will become more assured and it's time to buy! Thank you @cryptographic
It's really very informal post.I did not know about this information befor.Thanks for collect this information and sharing with us @cryptographic
@cryptographic...that really a very intresting and exiting..this steem blockchain is far better then the other blockchains and quick to trasation..and its a good to here and really exited for that to be recognised by the weiss..i hope that all the coins price will be grow high within few days ..present this conditions and suspensions by the governments overd..the price will be grow high..really high felt happy because of the steem is in the top 5 in the ranking table...thank you for sharing information with us ...
Resteemed! I read into this and was so interested that I also wrote a post! Would love to know your thoughts on my opinion of some of flaws of their methodology.
https://steemit.com/cryptocurrency/@newageinv/thoughts-on-weiss-ratings-for-cryptocurrencies
Great post! Risk management is always key in great investing. I enjoy reading your post but actually got a bunch of information from the comments section because you reply so much which is awesome! Thanks for being engaged with the community.
Thank you for the good news. And as they say in Ukraine, "May God grant our calf to eat a wolf"
I believe that I can earn here
What a great news! Thanks for the information. I hope Steem will be in the top 5 always.
I think steem will have a great future because his strategy is good in the digital currency world @cryptographic
Great news! I wonder if this will help get us above $10?
It's amazing 😍 But their have no A+😞
This is good news, and to think that STEEM is just warming up makes everything perfect 😀😀😀
...
@cryptographic It's a line that is drawn based on historical prices in this example the red line is the low of the current correction. It can be used to predict a change in the price pathway. Here he is saying that if the price goes down to red resistance it's probable to bounce up.
The yellow line is the upper resistance where price needs to break for the upward trend to happen.We all knew the Steem blockchain was good, but it's really exciting for that to be recognized by Weiss. I noticed the entire crypto market got a boost as soon as these results were released... I think it was the little booster shot everyone needed to bring that money in from the sidelines. really very special post thank for shear
I definitely need to read into their methodology but love it!
Doesn't look like there's much correlation with the valuations of STEEM, BTS, or ETH since most cryptos tend to follow broader market trends at this point. I expect there to be more correlation in the future as investors become more aware of the ratings and more educated though. Definitely good for investors to continue to monitor!
I am really curious, what if the guys at the raring agency want to buy a few Steem before releasing their rating and saying about it that it is a very good coin? They can manipulate the market and take some really good profits. On the other side I am happy because someone eventually recognized the potential of Steem and I am sure it is still undervalued, even though it may face some correction after its abrupt growth.
Let's enjoy it while it grows :D
Great news.tkank you for the informtion.god bless you.
Weiss choice is very good as they gave good ratings to EOS over ADA. I'm happy with their grading system.
what a big news, world recognizing the power of steem. i think this is the reason behind the sudden up trend of the steem & it make 25th position in the market cap at this moment. impressive update & most of your best cryptos of 2018 are listed here. i'm impressed by it either. excellent update & valuable information @cryptographic
@resteemia
Thanks for the info. Now i'm convinced that i made a good choice by joining here. We will buy boats!
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Perhaps, this rating caused a sharp jump in the price of Steem. Thank you for the great news.
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wow can't believe it and that's simply amazing steem to the moon ;) thanks for sharing this link i was waiting to check that out