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RE: Coin ReputationRank: It's time to showcase the best investments for new crypto users. No more scam coins!
Right. But the only way investors are going to learn they need to look for tangible things like code and development is losing their money.
A lot of bullshit is going to get peddled before investors learn.
When Bitcoin was released in 2009 (and now it is 2017) that is 6 years of this... yes, I fully agree.. investors need to learn the hard way.
The problem is that new people are onboarding everyday, and it is no longer early investors that need to learn their lesson. We're past the early investor stage.
This is a new breed of investment, a new breed of banking. A new breed of money. We need to find ways to protect new oncomers from old scams and old ways of taking their money without government protection or intervention.
If any of this is going to become commonplace or mainstream, the crypto industry itself needs to come up with standardized checks and balances to give a hint to what is proper and is what is not...
If we don't, then crypto in general is always going to be seen as an underground scam and should never be trusted. That's the way mainstream news and govt is currently selling it. We need to break free from that mold. So what I am proposing with Coin ReputationRank is simply a start into the right frame of mind for new users that show up today and tomorrow.
It might not be picture perfect, but it's the right idea. Let's keep on this path...
I have the same idea to have a coin rank and ALSO a rank and reputation bank for inividuals who want to retain thir good ratings and reputation from al their clients and past customers all in one place...we need soething where anyone any comppany any coin can singup, or BE tagged by others, and maybe count how many users are all satisfied with he service they are offering.... consolidated centralized rating system.....like linked in I suppose....
yeah we should just add something to coinmarkketcap, some way for people to rate the coin on how good the etch is or how good of an experience they had with it.....
i ca tell im all our of idea,s its hard to thin an be on247! i will come back when i have more ideas onhow to do this whole coin rating system!
Yes...which is why I prefer to actually try to warn my following (those who trust me) of the scams in the space....instead of using my platform to perpetrate scams on them.
I dont disagree with u man...but shady IS shady.
If you see any of the crypto posts I make, I make it quite clear the dangers of these unsubstantiated shitcoins.
https://steemit.com/cryptocurrency/@kyle.anderson/crypto-markets-are-exploding-can-the-market-keep-up-revisiting-a-note-of-consensus-in-this-time-of-cryptocurrency-chaos
https://steemit.com/cryptocurrency/@kyle.anderson/burst-my-bubble-an-opinion-on-the-dangerous-influx-of-altcoin-posts
My point is that thete really isnt much of an excuse for craig using his platform to dump shitcoins on people.
Oh my gosh don't get me started about @craig-grant ... eventually when this site becomes larger, there will be less tolerance for his promotion. Whatever. I don't respect the hustle but people have to learn somehow.
Yeh just sucks...lol.