eight basic levels of cryptocurrencies.

[jetcrypto]

I agree with your definition. I also think this way but never wrote it down. Thanks for sharing.

But it's not completed yet. I'll have to write down the conditions for each Tier in order to show it clear why a coin will be listed in particular Tier

[jetcrypto]

This is the most entertaining thread here in alternative coins section, well posted by the author. I love reading all the details here, well to be a participant here. I usually divide token or coins into two section only. The first one is the profitable creation and shit creations coins. Don't make it complicated, as long as I got profit is all that matter.

Two Tiers only is very boring thing

[saganpav]

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

 

I do not really like your list. I think Cardano and Neo should be in the same line. Bitcoin in general should be separate from Ethereum. It should be one in the first place.

[slaman29]

No. Tier 7 and 8 apply to 99% of altcoins. Ripple backed by a product? No. Their token is a separate product from their blockchain technology. Their token IS a product, and a product they have been pushing and pushing, and giving away, and yet no one is using them still. They practically begged people to please start using XRP and still nobody is.

Hype (tier 7) applies to many coins like XRP. Some would say even any alt except Bitcoin (which is always FUDded against).

[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

 

I do not really like your list. I think Cardano and Neo should be in the same line. Bitcoin in general should be separate from Ethereum. It should be one in the first place.

if you can share details of how NEO enhanced Ethereum fork, i can certainly move it up a bit.

[jetcrypto]

No. Tier 7 and 8 apply to 99% of altcoins. Ripple backed by a product? No. Their token is a separate product from their blockchain technology. Their token IS a product, and a product they have been pushing and pushing, and giving away, and yet no one is using them still. They practically begged people to please start using XRP and still nobody is.

Hype (tier 7) applies to many coins like XRP. Some would say even any alt except Bitcoin (which is always FUDded against).

Backed by real business! For instance, when real working Messenger with a large user-base will make its own shitcoin, then yes, I will put in the Ripple Tier. 

[mktpromp]

I think about eight levels of crypto currency and analyzed by them. In reality; in my opinion; in my opinion; Bitcoin & Ethereum are the most profitable investment fields. But before investing; you need to know more about this and increase efficiency. But you can make profits in crypto.

[HistoryVampire]

"There are also some crypto wallets that allow direct access between crypto and fiat.
The one that comes to mind is the Waves wallet; it allows Euro and USD for now.
"

[jetcrypto]

"There are also some crypto wallets that allow direct access between crypto and fiat.
The one that comes to mind is the Waves wallet; it allows Euro and USD for now.
"

You mean that I should make Tiers for crypto wallets too? Not crypto coins tiers only

[BigCookie]

"It's great and informative stuff!! But I think something important to note is that NEVER keep a
big amount on any exchange.
"

[ginobitcoiner]

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

Tokens Tiers.

Tier 1: Bitcoin & Ethereum

Why don't you pair ethereum with EOS, I think both of these coins have the same platform.

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
 

why don't you mention a few coins that you think can be called shitcoin, You can mention some coins like Uahpay, Cibus, and many more altcoins that you can mention

[jetcrypto]

I think about eight levels of crypto currency and analyzed by them. In reality; in my opinion; in my opinion; Bitcoin & Ethereum are the most profitable investment fields. But before investing; you need to know more about this and increase efficiency. But you can make profits in crypto.

Bitcoin & Ethereum are LONG-TERM the most profitable investment fields

[jetcrypto]

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

Tokens Tiers.

Tier 1: Bitcoin & Ethereum

Why don't you pair ethereum with EOS, I think both of these coins have the same platform.

No, Ethereum and EOS are not the same platform!

[annasadia]

There are several steps in cryptocurrency. The steps are divided into eight groups. Bitcoin & Ethereum are the safest and most profitable in crypto. I think the investment here is profitable because it has been developed with advanced technology.

[jetcrypto]

There are several steps in cryptocurrency. The steps are divided into eight groups. Bitcoin & Ethereum are the safest and most profitable in crypto. I think the investment here is profitable because it has been developed with advanced technology.

Bitcoin & Ethereum most profitable in long term...

[redrose8226]

I appreciate you for definition. I agree with you. Now Bitcoin and Ethereum are ruled the cryptocurrency market. So; it’s perfect to keep these in tier 1.

[painkiller321]

I think it’s an ideal definition of the basic levels of cryptocurrencies. All the cryptocurrencies are properly tiered by its use. I think this is correct.

[JamescrypTrader]

Very well thought and well organized list. But; I would like to add a point to the Ripple part because; Ripple should not be in any tier as it is not entirely decentralized. Rather; it is governed by banks and the organizations behind it. Otherwise the whole list looks perfect to me.

[Ini35]

Where do you categorize the new generational altcoins with good working products. Do you still categorize them under hyped token. I have already seen some of these projects and i believed in them, because they have organic growth.
Before Bitcoin got to this stage, many thought of it to be a shit coin. For this reason, some might see altcoin to be shit, but i would say not all are and this will be evident in near future.

[jetcrypto]

Where do you categorize the new generational altcoins with good working products. Do you still categorize them under hyped token. I have already seen some of these projects and i believed in them, because they have organic growth.
Before Bitcoin got to this stage, many thought of it to be a shit coin. For this reason, some might see altcoin to be shit, but i would say not all are and this will be evident in near future.

I know this problem to separate projects under development and real working products.  It's just a first version of Tiers. Now I'm finishing info portal regarding this matter and more info will be added in near future.