eight basic levels of cryptocurrencies.

[jetcrypto]

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum
Tier 2: Tokens representing real crypto platforms (Cardano, IoTA, Waves, ...)
Tier 3: Tokens backed by real business (Ripple)
Tier 4: Tokens with narrow specialization like payments, anonymity, etc. (Monero, Zcash... )
Tier 5: Growtech forks (Neo, Stellar,...)
Tier 6: Miners' forks (Bitcoin cash,...)
Tier 7: Hyped Tokens
Tier 8: Useless shitcoins

 

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[antogen123]

I agree with the first 3 positions as these are the most popular coins . and the rest need to learn and I think that everyone has their own top ))

[jetcrypto]

it's not top, it's levels for different types of tokens

[xcbjsuw]

What if Bitcoin Cash is in the 3rd or 4th Tier. Even though I am not a Bitcoin Cash holder, it seems appropriate for the tier

[haryatiposton01]

This is new knowledge for me, I have not really understood the level of coin in cryptocurrency, I am thinking how to distinguish altcoins that are useless? Do most of the ICOs are Shitcoins that are useless? I will continue to research and study this, I thank you for the information very good.

[BitPotus]

There are only 2 levels....

Bitcoin and Shitcoins....

[jetcrypto]

Yes, most shitcoins which are come from ICOs are useless

[jetcrypto]

There are only 2 levels....

Bitcoin and Shitcoins....

But, can we have some subspecies for shitcoins?

[jetcrypto]

What if Bitcoin Cash is in the 3rd or 4th Tier. Even though I am not a Bitcoin Cash holder, it seems appropriate for the tier

Is "Bitcoin Cash" used by real business?

[Vit83]

You add cardano in tier 2 working crypto platform) But as I now they still haven't any working projects, they are still in development.
Good classification, I like it.

[jetcrypto]

You add cardano in tier 2 working crypto platform) But as I now they still haven't any working projects, they are still in development.
Good classification, I like it.

There's no word "working" in my classification. You know, when i'm tiering shitcoins, i have to classify it somehow in order to separate the total crypto crap  

[Solucrypto]

 
Your ranking is good, but I think in terms of getting fast money, the reverse arrangement should be the case. Most hyped coins have a way of surprising people and giving early investors cool cash.

[D ltr]

What if Bitcoin Cash is in the 3rd or 4th Tier. Even though I am not a Bitcoin Cash holder, it seems appropriate for the tier

i believe that bitcoin cash can be on 4th tier, because many people use it as payment to pay something
but for 3rd tier is not because bitcoin cash is not backed by real bussines

[nl247]

Your ranking is good, but I think in terms of getting fast money, the reverse arrangement should be the case. Most hyped coins have a way of surprising people and giving early investors cool cash.

Well, you may have a point, but you also have to understand that most hyped coins do have a way of surprising people in the negative aspect as well, to make them lose a whole lot and make them keep bag holding for a very long time. which unless they get lucky along the way to sell off at a good price eventually, they may as well just keep bag holding for life. The thing that would peradventure happen to shitcoins as the market gets matured, is the same thing that would happen to hyped coins.

There are only 2 levels....

Bitcoin and Shitcoins....

But, can we have some subspecies for shitcoins?

Blather coins
Poop coins
Rogue coins
Monster coins

I can go on and on depending on how shitty you want them to sound. I really love the way you ranked them in the OP though!

[jetcrypto]

 Most hyped coins have a way of surprising people and giving early investors cool cash.

I thought to do the rating the way like:

Tier 1: Bitcoin
Tier 2: Hyped shitcoins
Tier 3: Shity shitcoins

But, I guess it'll be boring...

[jetcrypto]

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum
Tier 2: Tokens representing real crypto platforms (Cardano, IoTA, Waves, ...)
Tier 3: Tokens backed by real business (Ripple)
Tier 4: Tokens with narrow specialization like payments, anonymity, etc. (Monero, Zcash... )
Tier 5: Growtech forks (Neo, Stellar,...)
Tier 6: Miners' forks (Bitcoin cash,...)
Tier 7: Hyped Tokens
Tier 8: Useless shitcoins

 

So, I've tried to put first 30 coins on those tiers mentioned above.  

BTC - 1
ETH - 1
XVG - 2
XRP - 3
LTC - 6
ADA - 2
BCH - 6
NEO - 5
ETC - 6
ICX - 7
IOT - 2
DASH - 4
QTUM - 2
XLM - 5
XEM - 2
LSK - 2
XMR - 4
WAVES - 2
BTG - 6
WAN - 7
SC - 7
ZEC - 7
EOS - 2
ELA - 2
HSR - 2
BTS - 2
Steem - 2
NANO - 7
BTM - 7
TRON - 7

[butterfly8226]

Indeed. The tier 8 was quite funny but true. Currently; some of the coins are just operating well in this market. But sadly; in this year we all are still looking for a bull to rise. We all need a motivation right now to stick with it.

[ovbokhan]

Interesting classification, although it can be argued that some of  the tokens can be said to belong to more than one class, it is also interest tat you will list eth along side btc, btc deserves a class of its own and eth should move a notch downwards.,not to say eth is poor or something

[ovbokhan]

Yes, most shitcoins which are come from ICOs are useless

Most of the shitcoins will eventually be de-listed as soon as the hype dies down, we see a lot of ICOs falling into this category, losing over 90 percent of their value in less than 4 months after hiting exchange

[ololajulo]

Yes, most shitcoins which are come from ICOs are useless

Most of the shitcoins will eventually be de-listed as soon as the hype dies down, we see a lot of ICOs falling into this category, losing over 90 percent of their value in less than 4 months after hiting exchange

Identifying shitcoin now can be difficult with the general state of market. the demands from most centralized exchanges is high ridiculous which could cause a necessary ICO over valued. However, most project are reluctant to pay the price and looking for alternative. Aside the genuineness of the hyped project's team, most technology inclined team are struggling to get on the market and get a sustainable market trade volume that is high.