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Author Topic: Do you believe in crypto ratings?  (Read 4224 times)
Stanlo
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July 26, 2020, 06:46:57 AM
 #121

Coinmarketcap and coingecko is more than enough to know which coins are topping right now but still I wouldn't believe in unpopular crypto rating platforms, still I have different reasons to choose other coins that aren't even popular or that are still new, my money my risks
Itsmylife
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July 26, 2020, 07:43:00 AM
 #122

I have never believed in cryptocurrency ratings because I think this type of  ranking can be bought with money. I participated in a bounty program with 4.6 scores at the end of the campaign and what I received was a useless token and they scammed investors for a long time with their promise that they need a little time to finish Cheesy ( Bitto exchange).
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July 26, 2020, 07:46:58 AM
 #123

I believe in ratings from coingecko and coinmarketcap since they are rated by high marketcap and volume but what OP lists says is a personal rating based on personal interest, this ratings aren't for someone like me, EOS can be the first for you while NEO can be the first on my own list
judeafante
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July 26, 2020, 07:53:56 AM
 #124

Any rating sites that do not put Bitcoin on top of it are false and I don't believe on such rating all news about Cryptocurrency are all about Bitcoin and if you looked at the market people are checking first before any other coins Bitcoin dominance now is over 60% how can you not rate Bitcoin on top of it.

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New_order
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July 26, 2020, 07:59:16 AM
 #125

I believe that Bitcoin is the best crypto coin ever and it's first on coinmarketcap and other platforms too, this is a true rating I belief, ethereum is the best smart contract project and it deserves the second position on coinmarketcap too, this is true rating isn't it? I believe coinmarketcap
GideonGono
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July 26, 2020, 08:08:27 AM
 #126

It would depend on what they are rating if it is an ICO,IEO or any crowdfunding projects then NO I already lost trust on those trust ratings for those kind of crypto a very long time ago.
But if it is on the old crypto or the one's that already have a value then I think I would still believe it like the list of CMC.
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July 26, 2020, 08:17:50 AM
 #127

To be honest those type of ratings doesn't bother me anymore but yes calling BTC as the worst cryptocurrency is taking it way too far. BTC is providing such a good a result in the market for the past couple of months its even outperforming EOS (price-wise).




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hrunya102
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July 26, 2020, 08:49:23 AM
 #128

I think such ratings are very biased and often try to put their candidates first, so I don't trust them completely.

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Icologies
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July 26, 2020, 09:00:26 AM
 #129

crypto currency is one of the developments of the times, I am very sure that the crypto rating will rise in the eyes of the world proven to be increasingly high demand for crypto and what happens right now the crypto market is green and of course some investors get profit

Gayong88
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July 26, 2020, 09:11:51 AM
 #130

Hello,

I see big differences between these two big rating agencies CCID (The China Center for Information Industry Development) and WeissRating. According to CCID is Bitcoin one of the worst cryptocurrencies. In WeissRating Bitcoin has achieved the best mark. Also, EOS in WeissRating has a pretty different rating. How can they get so different results?

CCID


WeissRating


Good information, in my opinion the different ratings are reasonable because each has an assumption. The reality is how many people choose and use it.

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slashz9
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July 26, 2020, 09:27:43 AM
 #131

not everything is true or accurate and also wrong.
I only suggest not being attached or dependent on something.
You can compare it to the development of the project if on their rating site they say a project is good and gets a high score then you see the history of the project is the same or not as said.
from there you can estimate whether the project is good or not.
kensaii
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July 26, 2020, 10:32:13 AM
 #132

I believe in ratings from coingecko and coinmarketcap since they are rated by high marketcap and volume but what OP lists says is a personal rating based on personal interest, this ratings aren't for someone like me, EOS can be the first for you while NEO can be the first on my own list
Yes, I also only trust simple ratings like exchange's volume and liquidity or trust score on the site like coingecko and coinmarketcap. Other than that most crypto ratings are just crap trying half true, half false information to convince you about new crypto they want to advertise.
tsaroz
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July 26, 2020, 11:01:43 AM
 #133

Though crypto are generally considered similar things, but they are very much different in their nature and mode of use. It would not be wise to compare a stablecoin, a STO coin, a utility coin and a masternode coin at once. It's quite unrelevant to call a centralized coin a competitor of bitcoin.
As there are no regularities in crypto and their nature, the metrics too would be much different. You can't just call 1st or 2nd for participants from a different race.
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July 26, 2020, 11:02:31 AM
 #134

Some are wrong and some are right, I don't care much though about ratings, some are paid to get high ranked on rating platforms, I'm more into what I will or can make from a project not their positions, I've seen good news about people who made biggest gains from shitcoins

inoes
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July 26, 2020, 11:04:45 AM
 #135

This is because the blockchain is examined in three separate categories, which results in Bitcoin being ranked 12th while EOS 1st. because according to CCID Bitcoin uses old technology, and the use of BTC is not as much as EOS. reasonable because btc was crypto in 2009 and specifically for currency. it's their judgment, so we can agree and we can't.

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July 26, 2020, 11:08:57 AM
 #136

It's very clear that the CCID rating is inaccurate, it's impossible that Bitcoin is one of the worst cryptocurrency.
I think CCID made a fake rating for promoting new projects, so that they can attract investors. And things like this
are very dangerous for investors, because they provide misleading information. We should avoid investments based
on CCID rating.

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July 26, 2020, 11:13:14 AM
 #137

I believe in ratings from coingecko and coinmarketcap since they are rated by high marketcap and volume but what OP lists says is a personal rating based on personal interest, this ratings aren't for someone like me, EOS can be the first for you while NEO can be the first on my own list
Most of the people here seem to be more interested in Coinmaretcap because this website is the most valuable checker site in the crypto market and of course updates every hour so that investors understand what is happening. I always go to this site to check for coins because all the information about that project is listed here so I don't have to spend too much time searching.

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July 26, 2020, 11:16:42 AM
 #138

I still quite trust ICO Drops when it comes to their ratings, but trying to avoid ICO Bench and other shady rating sites as they have lost their credibility long time ago. There is a new player on the field, Blockfyre, they are writing HQ detailed reviews of projects and they already have quite a big following, which is not surprising at all, be sure to take a peek at their stuff.
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July 26, 2020, 02:13:16 PM
 #139

I do not follow any kind of rating or surveys or even expert opinions now because after so many years i have learnt that market decides when to move, market decides when bull trend starts and it is the market only that decides when the down trend will start so no real value in all these ratings or stuff.

I am wondering where do they get this rating from? I means their criteria or basis to rate a certain coin like EOS being on top while BTC which the I think the most profitable and king of all coins and actually steering the wheel for every other coin in crypto marlet flow is being in the almost at the buttom of the list?
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July 26, 2020, 02:34:18 PM
 #140

for the ranking of cryptocurrency sites, I doubt it a little, because it can be manipulated against transaction volume, many cryptocurrency fans see price movements on the Coinmarketcap site.

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