This is amazing news that Steem is now the highest graded cryptocurrency on Weiss Ratings!
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The world is getting to know which crypto is the best :)
Kudos to our community!
Other small details:
ADA went up to B
EOS and NEO went down to B-
BTS went up to B-
ETH kept B-
More details from Weiss
STEEM performs 1.5 mil on-chain transaction per day, which is good. Moreover,
STEEM is not just a cryptocurrency; it’s also a social media platform.
Also, STEEM has no fees, virtually, and user-friendly account name system.
Existence of other applications, such as DTube, is a good side too.
But "whale" issue drags the grade.
Bonus: about ETH
Another issue reflected in our Technology Index is a lack of adequate governance protocols, which are a staple of third-generation blockchains. Instead, the community is reliant on the leadership of one individual, Vitalik Buterin.
...
Ethereum currently has no such features, as evidenced by a $50 million hack that took place in June 2016 (the DAO hack).
좋은소식이네요ㅋ
All cryptos are taking a beating as of late, but Steem is weathering the storm much better than most!
The market's reaction is somehow shitty... hopefully they wake up soon... Someone has a link to the complete currency list?
We have the attention, we have the adoption, we're ahead of the curve!
You are right Dear @mexbit
small pond, big fish makes big waves.
plus news is manipulated beyond comprehension and there are big players striving to crush the market down while they load up.
I follow you ...I hope you also follow me...thank you
The entire crypto is in the shitter right now. It will take time for the dust to settle. Just because STEEM received the highest rating of all cryptos, it's still crypto, and the crypto world is still dependent on BTC.
I know that right now everything is been hammered... but as well I think it takes a few days until this news reaches the majority of investors.
Either Bitcoin is going to recover, or it'll die. Either way, new trading pairs are being added to exchanges, and bitcoin is not going to continue to dictate the market like this.
I think it will not recover this time if it looses the number one spot... The tech of its competitors is much more advanced...
However I feel that Steem is slowly setting itself apart. If Steem followed the same trajectory as Bitcoin's dive it would be worth less than one dollar today. I believe the fact that we're still able to produce this kind of cashflow in such shitty conditions proves the stability that the Steem network is experiencing. Just hold on @schattenjaeger. I believe that there are coming times when Steem will rise while BTC tumbles
Your word in gods ear! We are seeing this effect right now since December...
Agreed. Mexbit, do you think the price of Steem will soon diverge from the price of BTC and the greater cryptocurrency cap? It seems to me that Steem is more than just a crypto, it comes with a community and an amazing website and Dtube and so much more. I feel the value of Steemit and Steem will soon take on a power of their own, and not trade directly along with BTC. : )
In the shitter = Buy Buy Buy! 😉
That's the spirit ;) Buy and hodl!
He's still sticking to his bet too...lol
I bought some yesterday, is going up now!!!
the Whale thing is an issue all over crypto. Right now prices are beimg driven down to a point where the institutional investors are comfy buying in then they will pump the market to their next take profit point. because you know once a real upward reversal hits the FOMO is going to be nuts and we will be reaching new highs.
Hopefully they pump this to 500 USD when they are done... Everybody should sell BTC for Steem and not USD... But the majority of investors today still does not know about Steem and is potential... There are so many cryptos that they get stuck at learning the top ten...
If it went to 500 it would be just about the best thing that ever happened to me!
For sure. That's the beauty of holding. Better yet, the beauty of continuing to invest whenever there's a drop.
The market reaction was positive, 11 days ago, when the information was released.
Steem Jumps on News of Weiss Rating
I think bitcoin is still king .and always be a king.its my thinking and its can be wrong .
Yeah I hope that BTC looses the leader position soon to Ethereum, than to Steem...
https://steemit.com/bitcoin/@mexbit/bitcoin-is-about-to-loose-its-number-1-rank-great
cant see that happening anytime soon. nice thought though
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Ridiculous gas fee? It's around 1 gwei atm, should cost you couple cents.
The last time I bought 1 Etherum cost me around 30 cents.
Yes, it was clogged few weeks ago.
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Yes, when you use faster cryptos like steem other seem outdated :D
Yeah, if bitcoin actually gets unseated as the standard, it's going to be a painful process for everyone.
Yes .i think bitcoin is still king.and always be king.this is my thinking and can be wrong.
Yep I agree bitcoin will always be king. Most of the time you have to exchange bitcoin to buy the alt coins.
yes i understand , that also mean bitcoin is mother currency,without bitcoin alt is nothing,
lol
I don't think everything is interdependent on bitcoin, bitcoin is probably the biggest trading pair for alt coins so when dollar value drops in bitcoin it's only logical they drop too, but they have value outside of bitcoin and can rise and fall independently but I'm more interested in the tech than buy the price as I don't want to be left holding a shit coin in moments like this
Yeah, long bear markets are what's going to cause shit coins to get wiped off the map. No one will be dumping money into these pnd's unless they think they can make a profit. When prices tank people are only going to hold bags in projects they believe in.
Download digital products from Steemfiles.com. Buy physical products from Peerhub.com
I follow you ...I hope you also follow me...thank you
Yaay! :)
B+🏆🙌🏼😍⭐️ It’s just a matter of time before the world catches on to what we are doing here in the STEEM community.
I haven’t been involved that long but all of my crypto attention span is on Steemit!!!!
See you on the moon!💪🏼🌝📈🚀
Here's hoping!
Drinks on me when we get there!!!🍷🍹🥂🍻🍵☕️😋👌🏼📈
I'll remember that. lol.
Moon juice is on me. No doubt! Lol
All I need is the location. Until then I'll stock up on Steempower. lol.
never saw as many comments as under this post! all strongly like the news about the fact that STEEM best!
steem B in weiss ratings ......... okyyy
steem add in binance exange ................. okyyyyy
steem to the moon ................... soon ^^
when lambo?
Im actually reading this, while in a steem spaceship, that is on the way, to. the. moon."
hehe yeah right
Truce: @jassi No realy i am bro
Duce: here you go lying again, yo get off this guys post.
Truce: I thought you was sleep.
Duce: Well suprise, I AINT duh im posting am i not?
Truce: Well duh you ARE so why you asking, any way im bored, lets upvote this @jassi guy for no reason.
Duce: Thats the dummest thing i heard you say in the last 3 sec.
Truce: im doing it. AND it will be at 100%
Duce: Don't touch that mouse.
Truce: To late. (Click)
Duce: Bruhhhhhhhhhh
lol
Apparently the lunar trip has commenced
Steem is heading for the top
Lets pray it goes smoothly
It can keep getting better man.. up Steemians
I love how steem just keeps rising from the ashes as the underdog like the Eagles win!
Interesting :D
Steem to the moon 🚀 🌝
Is there a publicly available link you can provide?
I am paying for subscription so... No :(
Weiss Rating is part of their paid access report so no.. Unless someone who paid for it is willing to divulge the info, we as freeloaders wont gonna get any info on it.
Did the report specifically say "token distribution inequality"? We do knwo that it's a part of Steem's history that Ned and Dan wont like to talk about.
Steem is the Future...
Newq Agrees...
Weiss is very stingy with A ratings. From them, B+ is high praise.
Nobody got an A+ They're quite strict with their grading.
What are the metrics this actually is graded on?
Did they changed the previous ratings??? Whats going on do you have any links to your information?
Glad to see they have so much confidence with Steem
Thats great, steem will soon be on top 10 again!
Huh? You might want to say top 1? :D
You are very interactive in the post, I am amazed at your skills ... I hope for your conscience can support me a little thanks.
That's great, very good news for the steem and all the community !
That's great news although I wish it wasn't released in this early feb bloodbath so we'd all get to see the pop from it. I know....it's a buying opportunity.
The way I read this: I we did not have the "whale issues" as they call it, we would be number 1 on their list!
That's great. Make sense that it's the highest since it's been running multiple platforms successfully.
thats very good news for steemians hope price will stable
That's an awesome news. This can't happen without this amazing community. Next to the moon 🌑
Definitely Not
A+ please :D
Well, it's just the truth....i'm not shocked - steem has the best blockchain. Period. It makes Ether drink water.
This is great news for STEEM! I'm currently investing in Ethereum, Monero and Steem! :)
Gonna be green more and more
With this amazing news as well as with the airport taking steem, steem being listed and everything else.
Steem is going to KILL IT!
Thanks for sharing this!
holy crap, that is huge! next week we shoot for A !! (-:
All this shows is that weiss clearly doesn't know what they are doing. Anyone who comprehends the EOS and Cardano blockchains, but gives a higher rating to Cardano is just plain stupid.
I agree. I think all the Larimer chains (eos, bts, steem) will start increasing in ratings, adoption, and price here very shortly. Most investors have no clue what they're doing in this space yet. Whatever. It just gives us more time for us to accumulate, right?
Is there any way to see why they've exactly given Steemit a B+ rating? I'd be interested in seeing for what they add or deduct grades.
The rating itself without any explanation doesn't do much for me.
All I had to do was look at their website, see the grades they give to some stocks graded, and know that the grades are essentially meaningless. Bank of America gets a B? Ridiculous. Their B rating won't mean shit when the economy collapses.
Amazing news!
Nobody Got an A+ they're quite strict with their grading
thanks @clayop for you information 👍
Do you want to become successful in your life?Don't worry because Steemit is the right place.Am I right guys?
Nice to know they are looking at things carefully!
It's a good sign....
So we cash in the more the word gets out....
Very good
Thats actually a good thing as far off as those ratings may be, they are an indicator of the main stream wall street awareness. Steem is attractive to others outside the crypto realm and will draw them in. This will be their introduction of a functioning blockchain platform. Good reporting!
I hope steemit gets better with feature over time, but this is area news.
Keep steeming!
Contributer congrats #1
On what are the grades based on?
Amazing, good post.
I really liked your post but how did you mean the whale issue
Great blogging steemit news excellent post frnd
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Steem is going to blow up.
Steem all the way
This makes me feel so good for discovering and being a part of this community. It makes me want to begin to put even MORE effort into being part of the STEEMIT community!