BTC - Weiss Crypto Ratings bump Bitcoin to #1 spot while Steem holds Top 20

in #bitcoin5 years ago

Bitcoin finally moves to the Top Spot on Weiss and Steem holds steady in the Top 20

Bitcoin finally got to the spot many have thought it should had been in all along.

Weiss Crypto Ratings recently announced they have upgraded bitcoin to an A- rating, which can be seen here:

https://twitter.com/WeissCrypto/status/1225829115233783809

This upgrade gives bitcoin the highest rating and puts it at the very top of their ratings list...

(Source: https://weisscrypto.com/en/cryptos/screener/shared/coins-by-rating)

When the ratings first launched roughly 2 years ago, bitcoin was much further down the list, receiving a C- grade.

Which, interestingly enough is lower than the grade Steem currently has...

Steem holds within the Top 20

The latest look at Weiss shows steem is holding within the Top 20 spots, currently receiving a grade of C+...

(Source: https://weisscrypto.com/en/cryptos/screener/shared/coins-by-rating)

This is a lower rating than steem received initially roughly 2 years ago when these ratings launched, but not by much.

It received a B- rating back then.

The only difference is that the B- rating put it in a tie for 3rd place at the time.

Only EOS and Tether were ranked higher.

EOS sliding...

Interestingly enough EOS is now ranked lower than steem...

https://steemit.com/steem/@jrcornel/steem-now-rated-higher-than-eos

Something that I never hate to see...

It's pretty rare to see steem rated higher than EOS in just about any ranking really.

So yea, it's always nice to see :)

The ratings slide had to do with a recent downgrade by Weiss due to centralization in the project.

Stay informed my friends.

-Doc

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@jrcornel,most cryptos seems to be doing great right now......

Posted via Steemleo

What's the implication of the Weiss rating for cryptocurrencies?

Posted via Steemleo

i guess their rating gives bitcoin more credibility and lets more investors have interest in bitcoin and other cryptos that was listed...

Posted via Steemleo

probably alot of investors love to follow the ratings done by the platform...

Posted via Steemleo

What is the reliability of those predictions?

Posted via Steemleo

Another good sign of better times ahead for #bitcoin @jcornel :D

How is Steem’s Reward grade a D-

1498AB7E-CB27-490B-B11C-CEE7B456ECD5.jpeg

What grading system is this based on..?

Risk/Reward grade... It likely has to do with steem falling 99% in the last 2 years, similar to some other projects on there which is why they also have poor risk/reward grades. If steem starts going up significantly I would expect that rating to change.

oh thanks for the info....

Posted via Steemleo

Makes sense.. I wouldn’t be surprised to see Steem in the top 10 soon then!

i was about to ask the same question..

Posted via Steemleo

Gracias por la información me vendrá bien esta pagina para la creación de mi portafolio


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