Steem has Achieved the First B+ Grade on Weiss Cryptocurrency Rating

in steem •  8 months ago

This is amazing news that Steem is now the highest graded cryptocurrency on Weiss Ratings!



steemno1

The world is getting to know which crypto is the best :)
Kudos to our community!

Other small details:
ADA went up to B
EOS and NEO went down to B-
BTS went up to B-
ETH kept B-


More details from Weiss

STEEM performs 1.5 mil on-chain transaction per day, which is good. Moreover,

STEEM is not just a cryptocurrency; it’s also a social media platform.

Also, STEEM has no fees, virtually, and user-friendly account name system.
Existence of other applications, such as DTube, is a good side too.

But "whale" issue drags the grade.


Bonus: about ETH

Another issue reflected in our Technology Index is a lack of adequate governance protocols, which are a staple of third-generation blockchains. Instead, the community is reliant on the leadership of one individual, Vitalik Buterin.
...
Ethereum currently has no such features, as evidenced by a $50 million hack that took place in June 2016 (the DAO hack).

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

좋은소식이네요ㅋ

All cryptos are taking a beating as of late, but Steem is weathering the storm much better than most!

The market's reaction is somehow shitty... hopefully they wake up soon... Someone has a link to the complete currency list?

·

coinmarketcap.com

·

This only shows one thing: that the whole crypto currency business is still dependent on Bitcoin. We're just entering the early stages though, hopefully things will change for the better soon.

·
·

Yeah I hope that BTC looses the leader position soon to Ethereum, than to Steem...

https://steemit.com/bitcoin/@mexbit/bitcoin-is-about-to-loose-its-number-1-rank-great

·
·
·

I don't like Ethereum either. The only reason Ether's price is somehow stable than BTC is because of the ERC20 token and being one of the main trading pairs. This creates the illusion of value, not to mention the ridiculous Gas fee.

I prefer no leader in this space and let the best tech wins from time to time!

·
·
·
·

Ridiculous gas fee? It's around 1 gwei atm, should cost you couple cents.

·
·
·
·
·

The last time I bought 1 Etherum cost me around 30 cents.

·
·
·
·
·
·

Yes, it was clogged few weeks ago.

·
·
·
·
·

Maybe it's just a couple cents for you but when you convert that couple cents into our local currency, you will begin to notice the significant difference when you compare the Ethereum's ancient tech to today's next-generation and fee-less protocol.

But let us forget about that for a moment. I had a very bad experience with the Ethereum network during the first time I interacted with the EOS smart contract.

Long story short, I lost not only a couple cents but a few bucks already because every time I send an insufficient Gas amount, my transaction will not be processed and there was no refund whatsoever!

I mean, really? It's that easy to grab my money? I was shaking my ass when I heard the news that Kik's CEO has revealed their decision to ditch Ethereum being the dial-up era of blockchain.

·
·
·
·
·
·

Yes, when you use faster cryptos like steem other seem outdated :D

·
·
·

cant see that happening anytime soon. nice thought though

·
·

Yeah, if bitcoin actually gets unseated as the standard, it's going to be a painful process for everyone.

·
·
·

It's going to be a bitter pill to swallow but a necessary event for the whole crypto market to evolve and gets matured. I believe it is only a phenomenon that every one involved has to deal with for us to move forward. It's part of crypto evolution. I don't like the idea of having one currency to dominate the entire market.

·
·

I don't think everything is interdependent on bitcoin, bitcoin is probably the biggest trading pair for alt coins so when dollar value drops in bitcoin it's only logical they drop too, but they have value outside of bitcoin and can rise and fall independently but I'm more interested in the tech than buy the price as I don't want to be left holding a shit coin in moments like this

·
·
·

Yeah, long bear markets are what's going to cause shit coins to get wiped off the map. No one will be dumping money into these pnd's unless they think they can make a profit. When prices tank people are only going to hold bags in projects they believe in.

·
·
·

bitcoin is probably the biggest trading pair for alt coins so when dollar value drops in bitcoin it's only logical they drop too

That's exactly where the problem comes from and the fact that Bitcoin is the one being accepted by most merchants. Anything that happens to BTC, the lesser coins follow.

The need to build an economy outside of Bitcoin is necessary.

·
·
·
·

Download digital products from Steemfiles.com. Buy physical products from Peerhub.com

·
·
·
·
·

I follow you ...I hope you also follow me...thank you

·
·

Yes .i think bitcoin is still king.and always be king.this is my thinking and can be wrong.

·
·
·

Yep I agree bitcoin will always be king. Most of the time you have to exchange bitcoin to buy the alt coins.

·
·
·
·

I appreciate the part when you say most of the time. It means not all the time!

·
·
·
·
·
·
·
·
·

yes i understand , that also mean bitcoin is mother currency,without bitcoin alt is nothing,

·

The entire crypto is in the shitter right now. It will take time for the dust to settle. Just because STEEM received the highest rating of all cryptos, it's still crypto, and the crypto world is still dependent on BTC.

·
·

I know that right now everything is been hammered... but as well I think it takes a few days until this news reaches the majority of investors.

·
·
·

Either Bitcoin is going to recover, or it'll die. Either way, new trading pairs are being added to exchanges, and bitcoin is not going to continue to dictate the market like this.

·
·
·
·

I think it will not recover this time if it looses the number one spot... The tech of its competitors is much more advanced...

·
·

However I feel that Steem is slowly setting itself apart. If Steem followed the same trajectory as Bitcoin's dive it would be worth less than one dollar today. I believe the fact that we're still able to produce this kind of cashflow in such shitty conditions proves the stability that the Steem network is experiencing. Just hold on @schattenjaeger. I believe that there are coming times when Steem will rise while BTC tumbles

·
·
·

Your word in gods ear! We are seeing this effect right now since December...

·
·
·
·

Agreed. Mexbit, do you think the price of Steem will soon diverge from the price of BTC and the greater cryptocurrency cap? It seems to me that Steem is more than just a crypto, it comes with a community and an amazing website and Dtube and so much more. I feel the value of Steemit and Steem will soon take on a power of their own, and not trade directly along with BTC. : )

·
·

In the shitter = Buy Buy Buy! 😉

·
·
·

Sounds like McAfee! Lol

·
·
·
·

He's still sticking to his bet too...lol

·
·
·
·
·

I bought some yesterday, is going up now!!!

·
·
·
·
·

You think McAfee is gonna eat his ancient piece of dick?

·
·
·

That's the spirit ;) Buy and hodl!

·

small pond, big fish makes big waves.

plus news is manipulated beyond comprehension and there are big players striving to crush the market down while they load up.

·
·

I follow you ...I hope you also follow me...thank you

·

the Whale thing is an issue all over crypto. Right now prices are beimg driven down to a point where the institutional investors are comfy buying in then they will pump the market to their next take profit point. because you know once a real upward reversal hits the FOMO is going to be nuts and we will be reaching new highs.

·
·

Hopefully they pump this to 500 USD when they are done... Everybody should sell BTC for Steem and not USD... But the majority of investors today still does not know about Steem and is potential... There are so many cryptos that they get stuck at learning the top ten...

·
·
·

If it went to 500 it would be just about the best thing that ever happened to me!

·
·

For sure. That's the beauty of holding. Better yet, the beauty of continuing to invest whenever there's a drop.

·

The market reaction was positive, 11 days ago, when the information was released.

Steem Jumps on News of Weiss Rating

·

I think bitcoin is still king .and always be a king.its my thinking and its can be wrong .

·

We have the attention, we have the adoption, we're ahead of the curve!

Yaay! :)

B+⭐️ It’s just a matter of time before the world catches on to what we are doing here in the STEEM community.

I haven’t been involved that long but all of my crypto attention span is on Steemit!!!!

See you on the moon!💪🏼🌝📈🚀

·

Yeah brother--see yah there!

·
·
·
·
·

yes sir now I am.

·
·
·

I'll remember that. lol.

·
·
·
·

Moon juice is on me. No doubt! Lol

·
·
·
·
·

All I need is the location. Until then I'll stock up on Steempower. lol.

·

Here's hoping!

never saw as many comments as under this post! all strongly like the news about the fact that STEEM best!

steem B in weiss ratings ......... okyyy
steem add in binance exange ................. okyyyyy
steem to the moon ................... soon ^^

·

when lambo?

·

Im actually reading this, while in a steem spaceship, that is on the way, to. the. moon."

·
·

hehe yeah right

·
·
·

Truce: @jassi No realy i am bro

Duce: here you go lying again, yo get off this guys post.

Truce: I thought you was sleep.

Duce: Well suprise, I AINT duh im posting am i not?

Truce: Well duh you ARE so why you asking, any way im bored, lets upvote this @jassi guy for no reason.

Duce: Thats the dummest thing i heard you say in the last 3 sec.

Truce: im doing it. AND it will be at 100%

Duce: Don't touch that mouse.

Truce: To late. (Click)

Duce: Bruhhhhhhhhhh

·

Apparently the lunar trip has commenced
Steem is heading for the top
Lets pray it goes smoothly

·

It can keep getting better man.. up Steemians

STEEM has been number 1 for me for more then a year.

Cardano (ADA) is a cheap copy of @dan 's work, they cannot compete, other then they have more nice clothes and fancy words in their presentation... Dan's creations are the best till date in the whole market, as fare as I know!

I love how steem just keeps rising from the ashes as the underdog like the Eagles win!

Interesting :D

Steem to the moon 🚀 🌝

Is there a publicly available link you can provide?

·

I am paying for subscription so... No :(

·

Weiss Rating is part of their paid access report so no.. Unless someone who paid for it is willing to divulge the info, we as freeloaders wont gonna get any info on it.

Did the report specifically say "token distribution inequality"? We do knwo that it's a part of Steem's history that Ned and Dan wont like to talk about.

Steem is the Future...
Newq Agrees...

Weiss is very stingy with A ratings. From them, B+ is high praise.

Nobody got an A+ They're quite strict with their grading.

·

What are the metrics this actually is graded on?

I think Steemit has "huge potential" and I can see it flying, but there are a lot of issues with it that I see that may deter others from persevering on here. They need addressing for the benefit of everyone.

Now I've been on Steemit a week now and immediately I realised that hitting the right time to put up a post is crucial, and secondly the amount of new posts coming on here give you little chance of getting rewarded - it's too much down to luck and chance and not down to the quality of the post.

That frustrates me, especially in the field I work in, Astrology, as it sometimes takes a few hours of intense concentration to come up with a decent piece of work, which can be posted and swamped on here in minutes, so that nobody discovers it. I want people to read my work, not look and ignore it because the devil is in the detail of what I write, it takes time to read and digest. This platform is great for those who put up a good photo or a quirky GIF, not yet convincing me that it helps serious writers too. Long term, if Steemit really wants to reward those who do good work, the system has to be adapted and the influence of the whales, those who decide who wins on here I think has to be adapted long term. Why not have whales for each subject or topic so that the best in every field of interest has a chance??

·

Id recommend measuring your efforts in the beginning. Its a good idea to make chapters and keep posts shorts in the beginning in order to maximize exposure without losing content reward.

·
·

In Astrology that's difficult, certainly as it is such a technical subject. I don't want to look cheap. I do quality writing and that's what I am known for elsewhere...

Did they changed the previous ratings??? Whats going on do you have any links to your information?

Glad to see they have so much confidence with Steem

Thats great, steem will soon be on top 10 again!

·

Huh? You might want to say top 1? :D

·
·

You are very interactive in the post, I am amazed at your skills ... I hope for your conscience can support me a little thanks.

That's great, very good news for the steem and all the community !

That's great news although I wish it wasn't released in this early feb bloodbath so we'd all get to see the pop from it. I know....it's a buying opportunity.

The way I read this: I we did not have the "whale issues" as they call it, we would be number 1 on their list!

That's great. Make sense that it's the highest since it's been running multiple platforms successfully.

thats very good news for steemians hope price will stable

That's an awesome news. This can't happen without this amazing community. Next to the moon 🌑

·

Definitely Not

A+ please :D

Well, it's just the truth....i'm not shocked - steem has the best blockchain. Period. It makes Ether drink water.

This is great news for STEEM! I'm currently investing in Ethereum, Monero and Steem! :)

Gonna be green more and more

great work and im glad for you,but i cat undearstand how some posts get all that upvotes, best one i had 0.04 maybe, we started we need encouragments from u guys dont be selfish, again im glad for u

희망적인 뉴스네요 !!!

With this amazing news as well as with the airport taking steem, steem being listed and everything else.

Steem is going to KILL IT!

Thanks for sharing this!

Amazing news sir! I think we can see A soon :)

this is amazing...
hoping for a smooth upwards ....

holy crap, that is huge! next week we shoot for A !! (-:

this is amazing news

Steem has been the only cryptocurrency that I have actually used in the real life. I own a lot of different coins and tokens. But I just HODL those. Steem more specifically SBD I have used everyday here on steemit!

Holy smokes. This is incredible news. Steem to the Moon. ADA to the moon.

Very good news!

Although slightly worrying as a general point that they updated the rankings so quickly after the first report. Given the crypto market sensitivity to information, regular updates could push prices up and down.

Good post.

Let's party.... hehehe...

Nice! This is great news! Let's see if this attracts more buyers in, which should drive the price higher. Leggo steem!

what's the website??

I would not trust a crypto rating agency that does not accept a crypto for payment.

This is very awesome news. People will learn that we have value behind what we do.

Awesome

The Best is Yet to come, so sit back with a chilled Coke and let the amazing ride begin.. Am out..

Welcome to 10 days ago.

Here's the PR release and the complete list for everyone looking for it.

Weiss Ratings out for Cryptocurrencies

lol what the hell changed in a week?

·

Steem has increased their gigantic lead in the top spot of the rankings on https://blocktivity.info/

that is awesome!!
I keep supporting for the moon!

Thats a good news.....@clayop (72)

What the great news. Love it.

스팀이 비쁠!! 인건 매우 기쁘나~ 이오스가 비마이나로 간건 가슴아프네요~
아직 메인넷 이전에 너무 후하게 줘서 그랬는지..
방탄까지 비클럽에 들어온건 또 좋군요~~ ㅎㅎ

That's good news.
I read a good story and thank you.
I hope there are many good things going forward.

Thank you very much dear friend @clayop for sharing this great news with the platform, no doubt this classifications will be very beneficial
I wish you a great weekend

i'm so happy for this great community

Although I don't agree with all of the ratings in this report, they do have it right with steemit. This is a functioning platform, with a large community, which all makes for a positive future. Also being listed on Binance doesn't hurt either.

This is very good news. Just curious, on what basis are all the cryptos graded?

Thats outstanding achievement ...

That's great! Time to make more STEEM.

I only wish Medium will soon launch their own token too. My medium blog has been stagnant since I joined Steemit in October, last year.

스팀 완전 잘 나가네요~ 이오스는 내려가고..감사합니다~

I always follow your post your post is good nice all I hope we can follow each other if any time visit my blog @samsonjura1

Saya selalu mengikuti postingan anda posting anda bagus bagus sekali Saya harap kita bisa saling mengikuti jika ada waktu mengunjungi blog saya @samsonjura1

Great blogging steemit news excellent post frnd

Steem is the future

Good Post :)

Hey now! Pretty awesome start!

Nyc Post Bro

Upvote this comment and follow me (I will follow back)

Congratulations @clayop, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 355 and the total pending payments to posts in this category was $11165.30. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Congrats steemit community!!!!

Up voted and followed.
Please follow me on Steemit: https://steemit.com/@labwork

Image20.jpg
Nice to know they are looking at things carefully!

It's a good sign....
image205.jpg

So we cash in the more the word gets out....money.jpg

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 232.20 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

That is awesome. That is so awesome. Steeming to the moon. No, steeming to Mars. No, steeming out of the MILKY WAY. OHHHHHH YEAHHHHH.

this is cool I want to see !!!!A+!!!!

Once the blockchain industry matures, only the coins with good fundamentals and actual usage will be left standing. It's good to see Weiss recognise this - Steem and Bitcoin are the only blockchains actually being used by real people for real utility.

·

True but there are lot promising coming up. Like ripple and cardano Litcoin etc

·
·

Ripple and Litecoin have been around for years, very few are actually using them. Ripple has got some deals going, but very few are using the XRP token. I don't know about Cardano, but I'm willing to bet no one is using it.

I understand speculative value, but the speculation on those vastly outstrips actual value.

·
·
·

If you see coinmarketcap website is above LTC.

There should be some reason xrp and cardano is on number 3 and 4 postion out of all 1400 diff currency.

Cant write everything here but the link of their website show thier projects and goals.

I am willing to invest a little and take a chance.

post to read and understand in

AAA Pleass.......

congratulation for steem's superiority...i'am just happy when i read this article thanks for it ....i will follow you

Thank you very much for the beautiful and gratifying news.

Amazing and I agree With you

OoOOOOOOOWEEEEEEEEE This is such sweet news @clayop. This is going to switch up the game bigtime. This is a very valuable post stunner. Thank you very much..

Do we really need ratings??? I feel this can be manipulated in the wild west!!!

@clayop i hope btc will defeted by ethereum the price is up downing more than i think. from @nasimmd #Rahat

Great, what are the criterias though?

Steem to the 🌙 woow but i have a question tho. Why is the currency not stable yet. I mean why does it go high and low

I think with certain cryptocurrency, it's a matter of taste. It's kind of like comparing the USD with other countries currencies. If you really love a coin and would like to see it succeed then go for it. I never really like ratings for crypto. Overall I find Steem awesome and I'm glad to be a part of this platform going forward.

The Steemit community seems quite enthusiastic and everyone around the world says the crypto market will soon rise. I've seen enough of many super-positive people / dreamers who say that Steem will get about $ 30 in the summer. Be real?

I warn you that I have naughty pictures and I'm real. Damiana is the QUEEN.

On what are the grades based on?

Do you think steem shoul open new exchange platform...?

unbelievable.
hope Steemit make a bigger progress this year.

Exilant Mr clayop

I'd like to know in what way steemdollars will end up being a true independend coin instead of just a token.

Steem....the new revolution . i strongly believe that in some few years we will reach A+

Wow! an amazing news indeed!

Follow and I will follow back with upvotes