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Author Topic: New Crypto ranking from Chinese Government  (Read 140 times)
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May 27, 2019, 01:01:10 PM
 #1


China’s Ministry of Industry and Information Technology realeased a new ranking of cryptocurrency on basic technology, applicability, and creativity.
This is the 12th list published by the CCID. Of the listed currencies, EOS still leads every of them to be no. 1.


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May 27, 2019, 01:56:34 PM
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China’s Ministry of Industry and Information Technology realeased a new ranking of cryptocurrency on basic technology, applicability, and creativity.
This is the 12th list published by the CCID. Of the listed currencies, EOS still leads every of them to be no. 1.
Honestly, we don't know about how accurate this content and I will never try to believe this chart. EOS placed on the number one of platform but there was no a lot of demands and especially for TRON. These platforms are leading the popularity in the china only but ethereum is still leading the world wide ranking as the popular smartcontract platform.
TRON placed on the number 2 caused by Justin was shilling it anytime and that's my guess.

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May 27, 2019, 02:09:34 PM
 #3

Honestly, we don't know about how accurate this content and I will never try to believe this chart. EOS placed on the number one of platform but there was no a lot of demands and especially for TRON. These platforms are leading the popularity in the china only but ethereum is still leading the world wide ranking as the popular smartcontract platform.
TRON placed on the number 2 caused by Justin was shilling it anytime and that's my guess.

When you say there no demand for EOS

That's a chart from CCID (China Center for Information Industry Development) which mean this only applies in China, not for the whole world. Anyway, EOS is very popular because of the dapps, have like a hundred even thousand kinds of dapps, from entertainment to gambling purpose. So was TRX.

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May 27, 2019, 04:11:19 PM
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In any case, China is not the only country in the world. In other countries, other coins may be used more actively. It is necessary to make a world rating. That would be more graphic.
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May 27, 2019, 04:14:45 PM
 #5

I am not wondering about the first three spaces, because it is known that chinese love EOS and Tron. ETH does not surprise me as well, but what the hell is Steem doing there? On the fourth spot really? I think that NEO worth to be much higher.
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May 27, 2019, 04:24:35 PM
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I am very surprised that TRON is so high in the rankings. I think that they overestimated this coin too much. A throne cannot be better than Ethereum and many other coins.
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May 27, 2019, 04:25:50 PM
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 Inclined to believe the Chinese experts. I will analyze for themselves their rating. Perhaps this will affect my coin portfolio. I am very interested in the wave project. Glad he got on this list.

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May 27, 2019, 04:29:13 PM
 #8

I would be very suspicious of anything "official" the chinese government releases.
Having lived there for five years, I can tell you that they mostly release "official" stuff to benefit themselves.

A simple example, when hong kong was hit by SARS, people in the mainland started panicking.
The Chinese governemnt released an "official" scientific study that showed that black vinegar can sanitize against SARS.
In fact, the report included a very specific brand that worked the "best".
Well, people went nuts and bought it up like crazy.
Turns out that black vinegar does nothing to protect against a deadly virus but the stock of that vinegar brand shot up.
Of course, most of the top ranking communist party officials were large stakeholders in that company.

So when I see a list from the chinese government of the "best" cryptos, I see it as just a shill list to line their pockets more.

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May 27, 2019, 05:27:30 PM
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Inclined to believe the Chinese experts. I will analyze for themselves their rating. Perhaps this will affect my coin portfolio. I am very interested in the wave project. Glad he got on this list.
Personal analysis is really needed but we also have to look at the analysis that has been done by others for a comparison, both experts from China and from other countries, because if you read a lot the analysis will be beneficial for ourselves too.
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May 27, 2019, 05:30:41 PM
 #10

Ethereum's popularity seems to be fading in China when eos and tron come to rival it. Although the three coins are famous for their Dapps, they are very tight competition in China. But I don't know why EOS holds the highest rating, after many people said there was no market demand for it.

Maybe this will be a new change in the future, that EOS still has a chance to defeat Ethereum, and now EOS is ranked 6 cmc. I have several eos tokens, not too bad when compared to ethereum which is full of scammers.
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May 27, 2019, 05:59:03 PM
 #11

Who gets to decide the ratings for basic-tech, applicability and creativity ? I suppose a centralized website does  Grin
What's the point of having a different website when you can get the indexing from CMC itself.
I don't see real valuable content on this website.

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