Weiss Crypto ratings are out, and it's pretty pointless.
First of all:
Weiss Ratings said it it was attacked by denial of service attacks from Korea during the first hours of the release... Have they not heard of cloud flare?
2nd point, they gave bitcoin a C... this is duh moment for any that has tried to use bitcoin for anything in the past few months. Slow, over prices, and only useful as a currency exchange.
3rd: They gave Ethereum a B, which is good, I guess. The result as of this writing is ETH being up 4.32%... Which could easily have nothing to do with this report.
So the effect and hype around this report does not seem to be worth it. Do you agree? What do you think?
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I think its fine. circulation of BTC is limited, while ETH is infinite. Thats why ETH got B
Word!
Was not impressed with the report.
Would you have liked to see more details?
A simple letter grade and few sentences do not do these project justice
It also felt pretty biased. Not sure if these people were investors or not.
Is there a link to the report?
Hey @johnthompson,
Check out the post I just made on the increase of price of Steem after Weiss' ratings release and don't forget to follow :)
https://steemit.com/steem/@vismonkey/steem-s-amazing-price-increase-january-24-2018
Followed!