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Author Topic: China's MIIT Rates Ethereum as the #1 Coin  (Read 151 times)
Sonajin_Coin (OP)
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May 17, 2018, 08:52:30 PM
 #1

https://coinstelegram.com/2018/05/17/ethereum-eth-is-on-the-1st-place-in-chinas-cryptocurrency-ratings/

The results and ratings are very controversial do you agree with their ratings?
manoj6233
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May 18, 2018, 05:13:10 AM
 #2

 China's Ministry of Industry and Information Technology has released its official cryptocurrency ratings. The “domestic experts” awarded Ethereum 1st and Bitcoin 13th out of 28 places May 17. As online cryptocurrency news account cnLedger reports quoting local media outlet China Electronics News ..
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May 18, 2018, 05:25:29 AM
 #3

I do see and have noticed a strong Sentiment among Chinese for Ethereum and there used to be a lot of EHTEREUM meetups in China before the Ban on ICOS. I thought though that the Government there would be more PRO NEO AND QTUM than ETH, but then again you never know how things will pan out in China from one day to the next. One minute they may be very hot on Ethereum, the next they might go somewhere else, especially as Crypto is the most fickle of financial markets.


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duoduoshigexiaozhu
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May 18, 2018, 05:25:38 AM
 #4

I do not think this news is true. China strictly prohibits cryptocurrencies. All altcoins, including Ethereum, are banned from trading in China. How could they rate Ethereum?
Please give an official link to the Ministry of Industry and Information Technology of China.

VanDeinsberg12
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May 18, 2018, 05:30:51 AM
 #5

https://coinstelegram.com/2018/05/17/ethereum-eth-is-on-the-1st-place-in-chinas-cryptocurrency-ratings/

The results and ratings are very controversial do you agree with their ratings?
I agree as ethereum is the best smartcontract platform right now. time will tell us about the possibility of ethereum and all of ERC20 asset will be un-banned from china. Look at bitcoin and how chinese is giving number 13. Remember the majority of platform from china are using ethereum before neo and that could be the main reason.

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May 18, 2018, 05:34:16 AM
 #6

Thousand of ICOs was held on the Ethereum platform, this is the most used crypto asset and therefore it deservedly ranks first, I agree with this.
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May 18, 2018, 05:38:21 AM
 #7

This is despite having a Chinese Ethereum platform called NEO (dubbed as China's Ethereum). Support for Ethereum has been stronger than their own local platform simply because Ethereum is truly the KING of cryptocurrencies.

Don't get me wrong i love bitcoin, but Ethereum offers more and is lightyears ahead of any other coin.

 
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Bittalk12
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May 18, 2018, 05:39:31 AM
 #8

If those chinese really are bullish in Ethereum, that will also bring positive impact will other erc20 tokens, dont you agree? Ethereum is undervalued right now so this is a great chance to grab those before it reaches another all time high this year. Even indians are keeping an eye with Ethereum than bitcoin. We can now see a great competition with the top notchers.
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May 18, 2018, 05:41:12 AM
 #9

The results and ratings are very controversial do you agree with their ratings?

yes because their rating is based on most centralized and easiest to control and track.
ethereum is the most centralized altcoin which is also big. it is also so easy to control it and they have been moving ahead with creating mining farms for ETH in order to increase their control even further. the transactions are also easy to track and also there has been a lot of ICOs that have been gathering identification of users by asking them some silly fake AML/KYC questions which helps with the tracking part.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 18, 2018, 05:43:29 AM
 #10

Ok so we all acknowledge that China put the brakes on Crypto exchanges and ICO investment by its citizens during 2017. I look at this as an objective survey werer they have evaluated what is out there and come to the conclusion that the Utility of Ethereum dererves its top rating.

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cryptogeek101
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May 18, 2018, 05:50:24 AM
 #11

https://coinstelegram.com/2018/05/17/ethereum-eth-is-on-the-1st-place-in-chinas-cryptocurrency-ratings/

The results and ratings are very controversial do you agree with their ratings?

Actually Ethereum would have been top 1 because of the smart contract blockchain technology capability but Bitcoin started it all as the first protocol which no cryptocurrency can take its place. China rating is not bad but they would considered bitcoin first. I am wondering why bitcoin was rated b+

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Fedor2018
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May 18, 2018, 06:11:24 AM
 #12

Everything is bought and sold in our time. I do not trust the numbers and places in the rankings. This is a HYIP and no more, it is not a fact that the project will be successful

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May 18, 2018, 06:16:12 AM
 #13

Who cares what the Chinese think about Bitcoin and the cryptocurrency market on the whole? They are not major players in this market after their move to ban cryptocurrencies in a big way which is why their opinion does not matter much at all. The truth is that almost everyone recognizes the fact that Bitcoin single handedly pushed the entire crypto market to new heights thanks to its popularity which will continue to rise over time. Also, the king of the crypto market never needed any ratings or reviews.

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May 18, 2018, 06:22:04 AM
 #14

this is a surprise and I think they have given an objective assessment of the rank of crypto. this ranking will continue to provide encouragement, especially for crypto that comes from China to be the best.
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May 18, 2018, 07:57:28 AM
 #15

Who cares what the Chinese think about Bitcoin and the cryptocurrency market on the whole? They are not major players in this market after their move to ban cryptocurrencies in a big way which is why their opinion does not matter much at all. The truth is that almost everyone recognizes the fact that Bitcoin single handedly pushed the entire crypto market to new heights thanks to its popularity which will continue to rise over time. Also, the king of the crypto market never needed any ratings or reviews.
Your point of view needs to be questioned. Do you think that a large-scale ban on cryptocurrencies China has no influence in this area? You should look at exchanges and currencies. Many of them are Chinese projects. Friends, have you underestimated China's influence?

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