Bitcoin Forum

Hi everyone,

I've been attempting to create tiered ratings for cryptoassets in order to evaluate the riskiness of hodling one vs the other. Some thoughts I've tried to incorporate into the ratings framework are:

Network Values
Average Transaction Volume
Development Team Size
Supply Schedule
Exchanges Listed
Miner Participation

You have a good idea on a quantifiable metric to incorporate into the ratings framework?

I'd say aside from the obvious current price, 24h change, you could also have initial price overall ROI since inception, also if it's minable or if tis POS/POW what could be the returns, community size, and social and website link.
Hope the suggestions weren't too crazy. Best of luck with your rating system.   

i would think that mining difficulty could be implemented in this kind of raiting system.

are you creating a website that will rank the coins?

This is a great idea of yours, buddy. Although I think this is still very much lacking in terms of bases in coming up with a more or less accurate rating of existing cryptos. Perhaps we need to add the very basic. Let us try to consider the project itself as well as all parts of it which includes the vision or the objective, their proposed way of getting to that vision, their roadmap, their planned partnerships and development. You should also try to add not just the size of the team but also their background and knowledge and capabilities. These are just some additional factors to consider.

amount of coins out , distribution and coin cap

for me
 Supply Schedule
Exchanges Listed
are the most important ones

I'm using the ratings for managing a cryptofund now, but I like that idea too!

Let us try to consider the project itself as well as all parts of it which includes the vision or the objective, their proposed way of getting to that vision, their roadmap, their planned partnerships and development. You should also try to add not just the size of the team but also their background and knowledge and capabilities. These are just some additional factors to consider.
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While I agree with diving deeper to their objective, I feel like roadmaps and plans should almost be removed from consideration in favor of observable and measurable progress. Too much hype in crypto!

With such ratings you can just produce self fulfilling prophecys. What you really need to put into comparison are hard to compare facts like hype level and spirit of the idea.
Many "official" ratings or comments here in this board are far too much technically oriented. Questions like what a new coin brings to the table, where is the innovation in technical terms and so on are leading to the wrong direction. I am from germany and 20 years before we had interest rates of 5% if we just brought our money to the bank. We were conservative and not too many people were investing in shares or literally anything else than pension funds.
But suddenly big german ex-governmental companies advertised their shares in big commercials as peoples shares and people started to run to the markets to pump in a lot of money.
What I want to say is, you cant underestimate the power of marketing when it comes to attracting the masses. Neither the german companies were new, nor they invented the market of shares nor they changed in any matter.

If you really want to make ratings which are able to have a chance pf price prediction you have to count stuff like amount of tweets, notifications in facebook, or more scientifically cross wavelet analysis of trending topics. Here is an example. German, but couldnt find a better one in english: https://need-a-nerd.de/us-praesidentschaftswahl-2016-auf-instagram-wer-lag-in-fuehrung/

I think this is very great idea. I would definitely check out websites like this. I can say that I consider the most is average transaction value, miner participation and quality of dev team (not quantity).

This kind of organization is really good, but also take the time to do it, but do not collect money to help others team advertising, this thing is very harmful.

Did something happen here? Do you have a model for rating yet?

Hi there,

Although I think your selection of aspects to consider are a little sporadic, that's great initiative you've taken.

So are you trying to create a framework for doing fundamental analysis (hereafter FA)? If so, good work. There's a lot of literature on technical analysis (hereafter TA) and it's being touted quite a lot in the cryptosphere as of late. That's not to say I don't agree with it, but FA gives us a different perspective of the markets and can give us a better indication of what to hodl. Even day traders can use it to get an idea of what's a strong project to trade on, so I'd be excited to see a framework for FA developed.

Rating coins is one thing though you will get a lot of disrespect for making the wrong judgement on coins that all have nothing to give to the people.

Maybe it should be something like a user based rating? You are giving criterias and users are filling their expectations. Login should be bound to facebook or google account so that it is not that easy to manipulate.
Maybe we should build an ico around that idea ;-)

Thanks to all the support from you guys in this thread. Hoping to publish the site this month! Will post again in here with updates. Cheers

Update on this project!

I've been stealthily building on this and have launched as cointelratings.com

I have big plans for the future, but for right now I'm offering a one time download of the current output of the rating engine and a 1 year membership of real-time updates.

would love additional feedback, cheers.

every born coin is obviously a miner though a bit, but we also have to look at some aspects that could affect the value of a coin, as you mentioned it includes also in a very influential aspect.

You want us to buy a one year membership right away or is it a free one year membership for beta testing?
I would never buy a membership from you at this stage of the project. Sorry, maybe later if it is more developed.
But I am willing to give you feedback.