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Topic: Chinese rating cryptocurrency (Read 833 times)

hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
May 14, 2019, 01:46:23 PM
#91
Of course they have their own 'methodology' and we need to respect that.

But for those who have so much experience in this market, we all know why Chinese hates bitcoin and would promote other altcoins which doesn't make sense at all, unless in our point of view.

So I would rather not listen any news coming from China, and not stressed ourselves because we all know that they have their own motives releasing this kind of news to us.

We have move on already, and China giving bad news on bitcoin will not affect its market anymore.
They support altcoins because they have a better technology than bitcoin, but they cannot dictate the people, they will only trust the first popular crypto in the space and that is Bitcoin. As of now, no signs of Bitcoin getting replace, in fact it's again having a good bull run.
China will have no choice than to also join the cryptocurrency later, I know they are very strong and in terms of technology, and we really need them, especially because of these mining machines which are quite cheaper for miners to get from china.

I learnt their decision to stop miners was on the 7th of May but until now, I am still yet to see any news as regards that or any effect of it on the market, I guess they must have silently scrap that idea of banning miners. This is how bitcoin has been gradually overtaking the world through the hype and through the FUD, fortunately, FUD news has not even been having any effect on the market of BTC.
China has been a big supporter for the growth of bitcoin, at some time period it is the one that gave hands. If China hasn't helped, now bitcoin could've never grown to such a big market contributor. Next thing is the FUD, people earlier used to react instantly without analyzing the truth. Now when they analyze people find the truth associated with it. This is there is no effect on growth of bitcoin even after several forms of FUD.
hero member
Activity: 1022
Merit: 538
May 14, 2019, 10:47:43 AM
#90
Of course they have their own 'methodology' and we need to respect that.

But for those who have so much experience in this market, we all know why Chinese hates bitcoin and would promote other altcoins which doesn't make sense at all, unless in our point of view.

So I would rather not listen any news coming from China, and not stressed ourselves because we all know that they have their own motives releasing this kind of news to us.

We have move on already, and China giving bad news on bitcoin will not affect its market anymore.
They support altcoins because they have a better technology than bitcoin, but they cannot dictate the people, they will only trust the first popular crypto in the space and that is Bitcoin. As of now, no signs of Bitcoin getting replace, in fact it's again having a good bull run.
China will have no choice than to also join the cryptocurrency later, I know they are very strong and in terms of technology, and we really need them, especially because of these mining machines which are quite cheaper for miners to get from china.

I learnt their decision to stop miners was on the 7th of May but until now, I am still yet to see any news as regards that or any effect of it on the market, I guess they must have silently scrap that idea of banning miners. This is how bitcoin has been gradually overtaking the world through the hype and through the FUD, fortunately, FUD news has not even been having any effect on the market of BTC.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
May 12, 2019, 10:47:32 PM
#89
"mainly evaluates the technical realization level of the public chain, and examines the function, performance, safety and decentralization of the public chain"


They have their own methodology for the new ranking systems, which i think they obey the dominance of price and more focus on the contribution of each coins to the realization.

Of course they have their own 'methodology' and we need to respect that.

But for those who have so much experience in this market, we all know why Chinese hates bitcoin and would promote other altcoins which doesn't make sense at all, unless in our point of view.

So I would rather not listen any news coming from China, and not stressed ourselves because we all know that they have their own motives releasing this kind of news to us.

We have move on already, and China giving bad news on bitcoin will not affect its market anymore.
They support altcoins because they have a better technology than bitcoin, but they cannot dictate the people, they will only trust the first popular crypto in the space and that is Bitcoin. As of now, no signs of Bitcoin getting replace, in fact it's again having a good bull run.
hero member
Activity: 2870
Merit: 594
May 12, 2019, 10:38:36 PM
#88
"mainly evaluates the technical realization level of the public chain, and examines the function, performance, safety and decentralization of the public chain"


They have their own methodology for the new ranking systems, which i think they obey the dominance of price and more focus on the contribution of each coins to the realization.

Of course they have their own 'methodology' and we need to respect that.

But for those who have so much experience in this market, we all know why Chinese hates bitcoin and would promote other altcoins which doesn't make sense at all, unless in our point of view.

So I would rather not listen any news coming from China, and not stressed ourselves because we all know that they have their own motives releasing this kind of news to us.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
May 12, 2019, 10:33:23 PM
#87
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
Aren't some restriction in China regarding the crypto market? If i am right then it is a bad investment.
There are. But that rating is not related to the restriction with the bad investment list on china. that rating means the platform with popularity in china. that based on how popular that platform among the chinese in china. As far as i know that china always placed EOS as the number one platform that gained a lot of popularity in china and the second always be ethereum.

That's not even related to any regulation because that has made by creating a survey for chinese person. 
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
May 12, 2019, 05:33:33 PM
#86
"mainly evaluates the technical realization level of the public chain, and examines the function, performance, safety and decentralization of the public chain"


They have their own methodology for the new ranking systems, which i think they obey the dominance of price and more focus on the contribution of each coins to the realization.
member
Activity: 1204
Merit: 38
May 12, 2019, 03:02:41 PM
#85
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
I don't know about that but I completely know if your country trust something then it will definitely going to be a success because the support from the government will be important for the cryptocurrency if it is possible then the success is very easy for that.
legendary
Activity: 2338
Merit: 1124
May 11, 2019, 11:01:17 PM
#84
I personally not choose any coins from ranking, i choose bitcoin because is the king and the road opener, and always people should do research before invest and not from some ranking.
but the ranking of coins in cryptocurrency in my opinion is important, because we can determine the quality and development of prices there marketcap coins. if doing research without seeing the conditions on the marketcap coin will actually make us less confident in investing.
In a standard operation free of Biases, ranking contribute a whole lot in making decision when planning to invest,in which it still does if done  by a reputable crypto data provider, but nowadays in this corrupt market area, what assurance do we then have that those other coins ranked up were actually based on merit? If it were, why do we have some different figures in different crypto data providers?

Some of these projects even got their rankings through media hype and not because they really deserve it or have a project that is suitable for the public, and Since it is only BTC that can never be manipulated and maybe some few coins too, it is better to just follow the project through research rather than picking through ranking.
sr. member
Activity: 784
Merit: 252
May 11, 2019, 10:41:22 PM
#83
I think it needs to be considered because it is really China. much affects the development of crypto
hero member
Activity: 1890
Merit: 831
May 11, 2019, 04:00:36 PM
#82
If you are a local investor who is living in China then there is profit for you of course because it's something that is profitable for the People living in China , therefore if you are a resident then you should of course invest in that because the government does want good of the people because in turns it affects the economy positively.
If you are from some other country it will be your decision , you might invest and gain profit because it's something that is government and backed by the government therefore there won't be any problem with the down market.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
May 11, 2019, 03:19:40 PM
#81
@OP, did you mean this? https://news.bitcoin.com/china-crypto-rankings-bitcoin/
Well... when you see Ripple ranks above BTC, you shouldn't take this research seriously.

Doesn't make any sense. I don't know who compiled this list, but it is not factually correct to say that the technology of a coin such as Cardano is less advanced than that of EOS or Bitshares. Also, I don't know how did they calculated the "creativity" parameter. A manipulated currency such as Ripple (XRP) is more creative than IOTA and Stellar Lumens?

It doesnt matter who compiled the list but its obvious that those so called ratings were fake  . this is why we should do our own research before investing on every crypto coin that we like to invest and not just invest by basing on a rating site because a rating site may not be accurate at all .  btc is more superior than any other coins out there so if btc rank on the second spot or lower , you will easily know that the you were fucked up .
These arent fake ones yet any country can do make its own ranking without minding or being influenced on the current market rankings.We know on how big the community that
do supports BTC and seeing that ranking list do really sucks and just dont mind if they do rank top 1 to EOS.I dont even see this platform would really able to outmatch bitcoin
on any way when in terms of community support.
hero member
Activity: 1134
Merit: 500
May 11, 2019, 01:55:17 PM
#80
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
Aren't some restriction in China regarding the crypto market? If i am right then it is a bad investment.
full member
Activity: 1498
Merit: 146
May 11, 2019, 01:47:47 PM
#79
I don't really know for sure, but what I know is that China has always been a sentiment towards bitcoin and other cryptocurrencies. They always take a stand that makes the price of crypto currencies fall and makes traders and investors sell all assets they have.
In 2017 also their idea to bring down value of crypto currency failed which shows that how much people  are interested into the decentralized economy.Only people who don't believe the technology behind cryptos will sell their coins others don't.

legendary
Activity: 1778
Merit: 1009
Degen in the Space
May 11, 2019, 01:47:25 PM
#78
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
Yes, the Chinese cryptocurrency rating system is very interesting and deserves attention. In the first place they usually have the EOS coin, in the second Tron, and Bitcoin somewhere in the 15th place. Moreover, if you read what they justify their decision, then it is quite difficult to argue with him.
I really do not know about this before but I will be following information about Chinese rating on cryptocurrencies market and be able to findout what they are saying about the position of some coins and altcoins.  I have decided to invest based on how I analyze the market and this rating may simplified some market conditions for me.

Chinese are good at investments and business when it comes to profit they have a lot of ideas on how to grow money. The only thing I don't want to Chinese is their attitudes. China people in the bitcoin community is very huge, most of them are the investors of famous projects in the current cryptocurrency. That's why chinese rating in crypto was a very big deal to us because they have the advantage to manipulate and speculate the price of each asset, even the bitcoin.
sr. member
Activity: 2394
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 11, 2019, 12:55:44 PM
#77
I don't really know for sure, but what I know is that China has always been a sentiment towards bitcoin and other cryptocurrencies. They always take a stand that makes the price of crypto currencies fall and makes traders and investors sell all assets they have.
Every time there is a problem China with crypto, it always brings enormous attention because we know that the dichina community is indeed very large. I agree with your opinion that they always make crypto very disturbed. the sentiments issued are always contradictory and always have an impact with crypto.
sr. member
Activity: 868
Merit: 266
May 11, 2019, 12:45:28 PM
#76
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
Yes, the Chinese cryptocurrency rating system is very interesting and deserves attention. In the first place they usually have the EOS coin, in the second Tron, and Bitcoin somewhere in the 15th place. Moreover, if you read what they justify their decision, then it is quite difficult to argue with him.

So what is their criteria in rating the coins  ?  Everywhere bitcoin is rated as number 1 crypto currency because of its total volume in overall crypto currency market. I do not see ant reason EOS and Tron to be rated as first and second in Chinese crypto rating. Huh
I just read the article and though it placed Bitcoins to be No. 1 in terms of creativity, it offered no real criteria in the way they determine what i the best cryptocurrency overall. And with regards to China, i don't think that much attention should be given to them especially due to their stance against Bitcoins.
newbie
Activity: 168
Merit: 0
May 11, 2019, 10:42:23 AM
#75
Many people do not believe what Chinese government can bring to the global economies. I have been many times in controversial debates with them. Personally, I believe that China can impact the global economy very much as it is a huge influencer. The ratings that they release is good information for accomplishing better results for businesses that are in fond of these ratings.

This has a point, having a huge popularity, china is something that can affect the economy, in other words considering different things based on economy is a huge thing, but as we all know it is not merely about the economy but also the other factors, just like the casino, as we all know the casinos started with the use of Bitcoin, vegas casino is an example, we can make sure that our money can vrow without too much waiting, there might be china which can have the effect to the economy, but all in all there are different factors.
sr. member
Activity: 2030
Merit: 356
May 11, 2019, 06:49:47 AM
#74
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
Yes, the Chinese cryptocurrency rating system is very interesting and deserves attention. In the first place they usually have the EOS coin, in the second Tron, and Bitcoin somewhere in the 15th place. Moreover, if you read what they justify their decision, then it is quite difficult to argue with him.

So what is their criteria in rating the coins  ?  Everywhere bitcoin is rated as number 1 crypto currency because of its total volume in overall crypto currency market. I do not see ant reason EOS and Tron to be rated as first and second in Chinese crypto rating. Huh
full member
Activity: 644
Merit: 100
May 11, 2019, 05:14:07 AM
#73
I don't really know for sure, but what I know is that China has always been a sentiment towards bitcoin and other cryptocurrencies. They always take a stand that makes the price of crypto currencies fall and makes traders and investors sell all assets they have.
full member
Activity: 1638
Merit: 122
May 11, 2019, 03:29:45 AM
#72
@OP, did you mean this? https://news.bitcoin.com/china-crypto-rankings-bitcoin/
Well... when you see Ripple ranks above BTC, you shouldn't take this research seriously.

Doesn't make any sense. I don't know who compiled this list, but it is not factually correct to say that the technology of a coin such as Cardano is less advanced than that of EOS or Bitshares. Also, I don't know how did they calculated the "creativity" parameter. A manipulated currency such as Ripple (XRP) is more creative than IOTA and Stellar Lumens?

It doesnt matter who compiled the list but its obvious that those so called ratings were fake  . this is why we should do our own research before investing on every crypto coin that we like to invest and not just invest by basing on a rating site because a rating site may not be accurate at all .  btc is more superior than any other coins out there so if btc rank on the second spot or lower , you will easily know that the you were fucked up .
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