Bitcoin Forum

Hello everyone,

this thread has been created to let the community know about CryptoRatingAgency.com (http://cryptoratingagency.com) and hear your suggestions. We are also going to share updates and let you know about our progress.

We at CryptoRatingAgency (http://cryptoratingagency.com) are starting as a news portal with articles about cryptocurrency space. Goal we would like to achieve is to create methodology framework to assess crypto projects and share results of this framework with crypto community. We believe that several instances of independent analyst ventures would work to the benefit of the wide crypto market. We are going to share general points of our methodology to ensure transparency and responsible approach.

We appreciate you visiting our site.

Can you write you telegram please i want to speak about cooperation.

cryptorating agency, like standard and poors, moody,  of crypto?

so you are a potentially corrupt organisation that seeks to tell everyone which crypto is valuable and which not?

this looks not just highly dangerous regarding corruption but also as an instrument for potential future surpression, delussion and scam

will you also publish a list for your fees? i mean coinmarketcap founder made a ton of money from rich people for listening their icos and stuff....

you should better develop that with open discussion, as speculation arround corruption might highly damage your reputation.

you will do fore sure at least one of the following mistakes:

you will systematically support the established at the expense of the others, because money is power, and the more power someone has the better his rating on your agency can look because they have the ressources, to look good. this will then of course lead to more and more alternative ratings to be founded and developed.

or

you will end up manipulating the market according to your personal preferences

regards

Hello,

thank you for your remarkable observations. These are obviously valid points and they are reaching deeply into the space that analysts occupy.

We are going to start with existing projects and this is going to favor big projects. Maybe, if the market shrinks it would be easier to distinguish rapidly developing, strong projects and projects filled with empty promises. There is no easy way to divide limited resources equally among all viable projects, let alone do the right job analyzing. We have to keep in mind what you wrote anyway.

On the other hand, we are not planning to follow the footsteps of the biggest rating agencies like you mentioned. We would rather open our project to some degree and include community voice and combine analysts and collective awareness of the market.

Thank you again for valuable insights.

We recommend taking a look at our Step by step guide How to mine cryptocurrency on desktop computer (http://cryptoratingagency.com/mining-cryptocurrency-at-home-step-by-step-guide-to-gpu-mining/). This is easy instruction for non-technical person who wants to start giving some computing power to Ethereum or Ethereum Classic network and have computer which is running 24/7 anyway.

The reasonable pro for doing this is a fact, that thanks to lower altcoin's prices GPU prices are lower as well and good GPUs are more affordable. It is not a guide how to earn money mining cryptocurrency, though. We are aware that one needs to setup mining facility with greater computing power and business plan for significant profits. This is just an opportunity to dig deeper into cryptocurrency world and expand area of expertise.

Secure storage of cryptocurrencies is among other a very important concern of long term crypto investor. We strongly encourage you to read review of Ledger Nano S (http://cryptoratingagency.com/best-cryptocurrency-wallet-ledger-nano-s-test-and-review/), hardware Bitcoin wallet.

Ledger Nano S secures many cryptocurrencies:
Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, Litecoin, Dogecoin, Zcash, Ripple, Dash, Stratis, Komodo, Ark, Expanse, Ubiq, Vertcoin, Viacoin, NEO, Stealth, Stellar, Hcash, Digibyte, Qtum, Peercoin, PivX, PosW, Bitcoin Private, ZenCash, Woleet, NanoVault, Nimiq, Zcoin, Tron.

Despite of the fact that most of crypto investors either bought one already (would it be Ledger Nano S or Trezor or KeepKey) or decided to keep their funds on the computer or, unfortunately, on cryptocurrency exchange, it is worth spreading the word about security in crypto world. Please make sure you follow the basic standards of cryptocurrency storage as well as your relatives, colleagues or business partners.

you know what i give you a merit as i support new project that diversify the economy away from the bticoin sect and glenns coinmarketcap

i wish you good luck but its not that easy the market is diverse and confusing.

Thank you! Took a moment to check out the merit system and ranks on the forum. We kindly appreciate your help to get started on this forum, as having one merit is infinitely better then having none :)

We are going a bit back to basics and reminding about Bitcoin address. To everyone's knowledge, the secure and easy way to start with Bitcoin is to create Bitcoin address (http://cryptoratingagency.com/what-is-my-bitcoin-address-how-to-get-bitcoin-address-in-60-seconds/) on the own computer while running script in the browser (not server side). While it is not really a good idea for long term storage, it is still a good way to start with Bitcoin as BTC address could serve as Bitcoin wallet when stored securely.

It is recommended to get hardware wallet or secure software wallet on offline device, newcomers have to find a way to start with cryptocurrency. Getting Bitcoin address and learning how to handle transactions, private key and storage is good way to begin.

Having mentioned subject of getting Bitcoin address, we would like to provide instruction how to get Ethereum address (http://cryptoratingagency.com/ethereum-wallet-how-to-quickly-get-eth-address/). Process differs a bit from BTC, as there is a need to pick a certain way of keeping address and securing credentials. Always make sure you keep your passphrase safe and no one has access to sensitive data.

C-PRO is pretty advanced, now its actually ready for registration

https://www.cryptoproductivity.org/registration-data

^ How does one go about becoming a journalist on this website? Or is it private publishment?

Thanks for asking. It is private project. In case of questions, please PM.

If you followed our previous mention, there were instructions how to securely setup and maintain Ethereum address. There is very similar cryptocurrency, Ethereum Classic, which functions on the split blockchain. After parting with ETH some time ago, development team focused on slightly different approach, which benefited with e.g. supporting ETC trading on Coinbase. If you are willing to participate in Ethereum Classic ecosystem, make sure you follow instructions how to get Ethereum Classic address (http://cryptoratingagency.com/ethereum-classic-wallet-how-to-quickly-get-etc-address/) and keep security measures. Do not confuse Ethereum and Ethereum Classic network, as it may result in unexpected consequences.

Demand for privacy doesn't seem to fade. Although Bitcoin pseudo anonymity is a major obstacle on the way to obtain complete privacy, there are ways to make it difficult to follow the flow of digital money. We are trying to find out which anonymous cryptocurrency exchange (http://cryptoratingagency.com/best-anonymous-cryptocurrency-exchange-without-verification-in-2018/) is the best choice? Whether it is crypto exchange from Far East, Eastern European gig or African local server, always make sure you are keeping safety measures and full control over your resources, at least most of the time.

is monero still considered stealthy?

It's fine for the purpose.

Here's our take on one of the most mysterious and promising project, Tron. Started as a small project in student's bedroom (at least it is perceived as such), have been shortly developed to a great scale blockchain enterprise. We start with short introduction on Tron cryptocurrency (http://cryptoratingagency.com/where-and-how-to-buy-cryptocurrency-tron-trx-in-2018/). Keeping in mind it has been huge project already, 13 place on coinmarketcap list and over 1.5B of capitalization. Quite short path from investor's livestreams from a bedroom to such big cap numbers...

Our article about Tron seems to be quite popular among new cryptocurrency users. This time we try to bite Ripple, cryptocurrency of banking. Although we check cryptocurrency exchanges where you can buy Ripple (http://cryptoratingagency.com/where-and-how-to-buy-ripple-xrp-in-2018-cryptocurrency-exchanges/), we take a deeper look.

There are only a few cryptocurrencies that trigger more emotions than Ripple. Some say it is banking cryptocurrency and ultimate weapon to destroy crypto world. Other say that it would take over Bitcoin and threat the landscape of decentralized organizations. Other buy Ripple and hope to benefit from quickly developing cooperation between Ripple parents and traditional financial institutions. Who is closer to the truth? XRP was great opportunity to profit from price movement back in 2017. It goes down along crypto market as well, being the part of it. Would it be any different without Ripple?

Here we go with a bit more details about some of the most interesting projects. Please check out article about IOTA, Internet of Things cryptocurrency (http://cryptoratingagency.com/how-to-buy-iota-in-2018-price-prediction-and-analysis/). IOTA is a token designed with millions of devices in mind. Automated transaction system, based on blockchain would solve significant communication and financial obstacles.

Why IOTA became so popular among investors? It is still very popular, oscillating around 12th place on market capitalization list. It probably is vision of connecting billions of devices and chips under one, big network. Of course, network is capable of sending transaction and settling down capital exchanges. Who wouldn't invest in such endeavor? Why IOTA price ($0.5) ended up being 90% below market high price ($5) several months ago? What happened to the investors and their hopes? Many questions and only a few answers.

i am no fan of ripple either, tron is just a publicity event, it might turn out that mr. sun is completely unable to build the tron infrastructure as he doesnt has the engineering skills

This is a bit late, but still quite important. This year was an exhausting year for cryptocurrency exchanges. Many of them, due to several reasons, mostly connected to law of the jurisdiction and business conducting conditions, had to reconsider place of incorporation. One of the most interesting cases was the biggest European cryptocurrency exchange BitBay (http://cryptoratingagency.com/cryptocurrency-exchange-bitbay-is-moving-to-malta-what-should-you-do/), which moved from Poland to cryptocurrency friendly Malta.

This was for sure a big hassle for the exchange, not to mention users. All customers had to decide whether they are going to stay with the old company or move their assets to new Maltese entity. Those, who didn't decide for moving, had their funds frozen and trading suspended. There were particular conditions to fulfill to continue operating. Find out more: http://cryptoratingagency.com/cryptocurrency-exchange-bitbay-is-moving-to-malta-what-should-you-do/
The good news is that there are a few complaints about what happened and the team has managed to sort things out quickly since September. Good sign and example for other ventures.

Please send us an e-mail or message here.

There are many concerns about stable coins recently. Not particularly from coin market capitalization perspective, but from stability and the general brand of cryptocurrencies. Concern is, how stable is the biggest stable coin, when it is swinging almost 5% daily... Not really a good point, isn't it?

Here is our take on Tether, the stable coin (http://cryptoratingagency.com/is-tether-an-ultimate-relief-for-crypto-investors-during-bear-market/) with the biggest cap. The future predictions for stable coins are optimistic. There are going to fuel future bull market a big time. Imagine, what printing of Tether made to the market at the end of 2017... And multiply it by several stable coins. But, are they stable as their name states?

Having a bit of a rough time on the crypto market, let's assume that lower prices of cryptocurrencies attract some value investors. We prepared quick guide to starting with Bitcoin (http://cryptoratingagency.com/beginners-guide-how-to-get-started-with-bitcoin-and-cryptocurrencies/). It is true that in 2017 crypto got a lot of media coverage. On the other hand, as we noticed, there still are many people who not only don't have any crypto, but don't really know what Bitcoin is and how to use it. Please share with those who are yet to start their adventure with crypto.

Today's recommended post about Nano doesn't really correlate with market's mood. Cryptocurrency Nano (http://cryptoratingagency.com/is-it-worth-buying-nano-cryptocurrency-to-hold-in-2019/) has been keeping up with capitalization, at least according to coinmarketcap. There has been an optimistic take on Nano's chart, but maybe it is entirely false, because of deeper drop in August 2018.
So, there is this guy, who bought a lot of Nano tokens for around $5 and is still defending this investment choice. Would it make any sense, now that we know the huge impact of bear market? Arguably.

This is more down to earth approach for beginners. Let's suppose you would like to get into cryptocurrency. You don't know anything about wallets, anonymity, technical stuff, best practices, security, even don't know the best websites to built your knowledge about crypto. On the other hand side, you know how to handle online payments, you do good with the banks, transfers and you can calculate.

This beginner's friendly getting into Bitcoin guide (http://cryptoratingagency.com/how-to-buy-bitcoin-invest-in-btc-with-credit-card-cash-or-paypal/) is a shortcut to quickly getting some Bitcoin. They are the shortest ways and most of them are ordinary financial practices' friendly, not customized or tailored towards privacy or cost effectiveness. Still, this shortcut has gathered the most grateful responses and allowed many people to start their adventure with crypto. At least, most of the people didn't know, that Paypal isn't the optimal way to buy crypto, because of their security and customer friendly return policy, which makes transaction riskier and more expensive. Still many people ask how to buy crypto with this very popular online wallet...

Here we would like to quickly introduce some hints when it comes to calculating bitcoin price in USD (http://cryptoratingagency.com/how-to-convert-bitcoin-to-us-dollars-calculator-btc-to-usd/). There are some tricks that let investors calculate price without logging into cryptocurrency exchange or calculating step by step in memory or on piece of paper. Google always comes handy.

Siacoin has been in top hundred by coin capitalization for quite some time. To the additional surprise for a number of people, it has elevated even to first fifty. We try to take a look at situation and progression for Siacoin in 2019 (http://cryptoratingagency.com/where-and-how-to-buy-siacoin-cryptocurrency-2018-update-and-future/). Almost hundred millions of dollars at coinmarketcap in December.

The SC implementation team managed to implement a working system of data storage with advanced level of security. The data is stored not only in blockchain technology, but also data is divided into small pieces, basically preventing a direct attack on privacy. On the other hand side, mining landscape for Siacoin has changed dramatically, excluding anybody who have been hobby mining on a small scale. So, how is it going to look like in near future?

Here, while we have some relief on the market, we would like to shortly mention our work from some months ago. We were considering if it is possible to achieve passive income from cryptocurrency (http://cryptoratingagency.com/the-easiest-way-to-passive-income-from-bitcoin-and-cryptocurrencies/). This came with additional condition, that it needs to be fairly easy for beginners and do not require much effort. We tried to analyze possible solutions and came with one crypto exchange token that pays dividend. Unfortunately, it hasn't been a good investment, losing most of it's value during 2018. Now it is going a bit up, but there are only few investors who were lucky to buy exactly the bottom. Conclusion? Not an easy task and lots of risk involved.

To get a short break from specific cryptocurrencies, let's take a look at cryptocurrency exchanges. There are many markets holding digital assets and markets for them. We recently compared many cryptocurrency exchanges in a search for the best cryptocurrency exchange (http://cryptoratingagency.com/best-cryptocurrency-exchange-for-smart-bitcoin-investor/). Comparison includes risk level, fees, basic information.

Some investors accept bigger risk, being the result of transferring assets to different country of continent. As a benefit, they get lower fees, up to 0% as a maker in far east exchanges. Some are willing to accept higher fees just to get access to the leveraged market. Some trust companies only based in their country. Choosing cryptocurrency market to use is not an easy task.

Looking at the significant Litecoin price movement up (so far + 20% on weekly chart), we would like to go back to our article if it were a good idea to buy Litecoin (http://cryptoratingagency.com/is-litecoin-a-good-investment-how-to-buy-litecoin-in-2018/). Of course, there is a timing issue, but we were stating that knowing the fact of Litecoin being somehow a testing territory for Bitcoin and it's clones, how would it influence buying decision? Is it only worth when some new, promising functionalities or changes to the algorithm announced? Or there are many other aspects to look at?

European investors would like to follow price of BTC in Euro (http://cryptoratingagency.com/how-to-convert-bitcoin-to-euro-calculator-btc-to-eur/). Euro is the second most popular currency in the world, but most of western crypto exchanges use US dollars and eastern exchanges use Yuan/Yen/Won. And no wonder. We present this short trick everybody use to convert crypto price to euro using internet browser. Just to make sure investors waste no more time calculating.

Here is analogous article, but targeting far east investors. Europeans, at least those in Euro currency union have it a bit easier to track value, so do Chinese investors. One could assume Yuan is the second currency of the world, but it is not true, it is farther in terms of a world's volume by a margin. It doesn't mean that it couldn't rapidly change. Moreover, crypto world is east-centric and bigger percentage of users would track Bitcoin price in yuan (http://cryptoratingagency.com/how-to-convert-bitcoin-to-chinese-yuan-calculator-btc-to-cny/). Or Renminbi, as some people would say.Similar tricks that help investors save some time every day.

A bit late, but still it is a subject worth mentioning. We were back then describing what happens during Bitcoin Cash fork into Bitcoin Cash ABC and Bitcoin Cash SV (http://cryptoratingagency.com/whats-going-on-with-bitcoin-cash-abc-and-bitcoin-cash-sv-fork/). Since then, market has calmed down and price of both coins went down. Because of this it is hardly easy to justify the whole sense of the split. Some of the investors say it is much lighter now to lead the project where everybody is in the same page, but maybe together would be easier?

Bitcoin Cash seems to be a bit late to get any response, but Brexit is still a hot subject. We recently prepared some shortcuts for crypto investors, who would like to check Bitcoin price in British Pounds (http://cryptoratingagency.com/how-to-convert-bitcoin-to-pounds-calculator-btc-to-gbp/). Nothing fancy, some quick shots using browser and search engine. Just to save some time and avoid easy mistakes when converting price from dollars (or other) to UK's currency.

End of January brought some additional discounts to cryptocurrency prices. We have an article about Ethereum, where we compared different ways to buy Ethereum cheaply. (http://cryptoratingagency.com/how-to-buy-ethereum-cryptocurrency-and-get-the-best-price/) Today, it is not about getting the best price, but also buying in the right moment, most likely after couple percent drop. However, price of ETH has been lower in the past months, on the strong support around $80.

VeChain cryptocurrency is one of the leaders of... cryptocurrency losses from the All Time High. Over 99% is a disaster. However, there are several positive occurrences in this project. We have pointed out what is going on in VeChain in 2019 (http://cryptoratingagency.com/changes-in-vechain-cryptocurrency-how-will-vethor-affect-vet-in-2019/), including most fundamental changes, like releasing VeThor and explaining how does it relate to VeChain.

One thing is disturbing though, since weeks VeThor tokens are "traded" on the biggest cryptocurrency exchanges. There is no value attached to those tokens, unfortunately. Every month, VeChain holders are getting VeThor, but can't sell or trade. This makes calculating potential return very difficult, almost impossible.

Switzerland has been the capitol of the world when it comes to banking. There is little surprise to recognize Swiss capacity to innovate in banking sector using blockchain and digital assets. There are many ventures, financed with risk-accepting money purposed to develop projects targeted to revolutionize world's finance. Other investors tend to be more down to earth, however. We posted short piece with advices when calculating Bitcoin price in Swiss currency, Franc (http://cryptoratingagency.com/how-to-convert-bitcoin-to-swiss-francs-calculator-btc-to-chf/). Nothing fancy, but it is worth to know, especially that not many cryptocurrency exchanges display BTC price in CHF.

We took a closer look at Chinese champion of smart contracts and almost all aspects of blockchain cryptocurrency. We got inspired by the idea of getting passive income from cryptocurrencies. Cryptocurrency Neo (http://cryptoratingagency.com/is-cryptocurrency-neo-a-potential-winner-of-2019-and-next-we-check/) is one of a few projects that actually pay dividends, in the form of NeoGas.

One of the other interesting aspects in Neo is free transactions, for now. Many features make this project interesting, some say it is main Ethereum competitor, but reality is harsher. EOS seems to be China's favorite, and Tron recently successfully launched Bittorrent ICO, getting the most attention of the crypto world. Not much going on about Neo development?

Is there any specific subject of the cryptocurrency market that investors would like to read about? Let us know, maybe in this thread. We sometimes do requested posts, if they have potential to interest many readers.

With no suggestions yet, we continue our cryptocurrency series. This time we point out cryptocurrency, which is the leader of Chinese investors' sentiment: EOS, 4 place by coinmarketcap (http://cryptoratingagency.com/which-exchanges-to-buy-eos-cryptocurrency-eos-in-2018-and-2019/). No wonder, as it is very complex project, on the top of which there is complete and functional ecosystem of decentralized apps. Natural competitor of Ethereum, it may seem, but for far eastern investors it is better choice than ETH, with its founder coming from other country. EOS is lively space with many apps already up and running, so we are recommending taking a close look into it.

We tried to predict future price of Binance Coin (https://cryptoratingagency.com/binance-coin-performs-well-in-2019-is-it-worth-holding/) token, but we kind of failed to estimate the range of the movement upwards. We have considered it a good pick to buy and hold in 2019, but it greatly exceeded our expectations in terms of price growth. As we started following it at the end of December 2018 and recommended buying at the beginning of January, most of the readers missed the train and have just been watching price going up from $5 up to almost $10 per BNB. And "they" say the reason of the rally was better perspectives for the business, which was in contrary to the more obvious reason, which was end of the internal Binance Competition, which should cause lower demand for BNB. This was false read though. Most of investors are enjoying healthy profits and this short story won't probably cause anybody to make deeper analysis. Or will it?

For those who bought BNB on December- 2 weeks time in 2018 did really make almost 200% profits on a short time.It isnt bad return for the short duration but we are seeing pullback

into its price as of this moment going down to $8 which isnt surprising. Rally is over and its time to go back on the trail yet profit taking is gradually happening.If Binance would sustain

the top spot, we might possibly see gradual increase on future.

This hint how to calculate Bitcoin price in Indian Rupee (http://cryptoratingagency.com/how-to-convert-bitcoin-to-indian-rupee-calculator-btc-to-inr/) is one of the most popular article among Southern Asian readers. This is probably due to less than enough Indian cryptocurrency exchanges or most of the biggest cryptocurrency markets don't show prices in INR. Anyway, this is just a little shortcut for those, who don't want to run conversion calculation all the time in the head or in the notepad.

Bitcoin is popular in Russia, but has a great competitor. As Ethereum’s inventor, Vitalik Buterin comes from Russia, there is a great sentiment towards ETH in Moscow and other technological centers. This country is known for its great minds, also technological and mathematical. No doubts there are many ICOs and venture capital funds from Russia who invest in innovative, blockchain projects.

Here are our thoughts on calculating BTC price in Russian Ruble (http://cryptoratingagency.com/how-to-convert-bitcoin-to-russian-ruble-calculator-btc-to-rub/) currency. There are a few exchanges, but most of the investors need to convert price to get the value in their currency.

This may not be very interesting piece for most of the bitcointalk users, but it is quite popular among our inexperienced users. Due to demand from our readers, we have made an analysis of getting so called free bitcoins (http://cryptoratingagency.com/how-to-get-free-bitcoins-earn-free-btc-in-2019/). This way has been very popular in 2011, 2012, when most of people didn't know cryptocurrency at all. And IT specialist didn't know how to market their product, so they decided to give it away for free.

This way some of the sites emerged, who give away some amount of BTC just for participation and gaming. Although it is still a good way to introduce Bitcoin to inexperienced users, it is mostly waste of time when it comes to any significant amount. It is just better to buy some on cryptocurrency exchange and play with it, instead of counting on luck to win.

Korean cryptocurrency Enjin coin (http://cryptoratingagency.com/how-did-enjin-cryptocurrency-let-investors-earn-200-percent-in-one-day/), or actually the Enjin ecosystem based on blockchain has showered it's early investors with profits. The price started to quickly rise before Samsung conference, where cooperation has been announced. Was it possible to spot it earlier? It is true that some have put on the Korean corporation’s tendency to cooperate with Korean blockchain projects, but this has not been obvious before.

Cryptocurrency Monero (http://cryptoratingagency.com/anonymity-needed-how-to-buy-monero-for-the-best-price/) is one of the most well-known projects in the world of blockchain based digital money. Its most characteristic feature is to provide the sender and recipient of funds with certain level of anonymity. In terms of popularity, the Monero project also has no reason to complain, despite the presence of many potential competitors. Monero continues to reside high in terms of capitalization of the coinmarketcap, just behind the top ten.

So, is there still demand for anonymous transacting, or people simply moved to comfortable and easy apps that use other solutions?

Some people say speculating on cryptocurrencies with leverage is worth trying. For sure it is a promise of bigger profits in less time, but what is the real cost of uncertainty of the process? We try to focus on the places an investor can try to join those brave persons, who give it a try. Is investing in Bitcoin with leverage (http://cryptoratingagency.com/how-to-make-money-on-btc-with-the-leverage-step-by-step-instructions/) really this difficult?

Well, starting is definitely not difficult. But going into the process, strategies, positioning, stop losses, psychological aspects is a world to explore.

It is holiday period after all, but there are many things going on. Cryptocurrency markets are living their own lives. What would you like to read or learn in the form of detailed analysis? Cryptocurrencies, events, future perspectives?