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Topic: Chinese rating cryptocurrency - page 5. (Read 821 times)

legendary
Activity: 3542
Merit: 1352
Cashback 15%
March 01, 2019, 07:01:15 AM
#11
If market conditions were that of 2014 - 2015, Chinese ratings of different cryptocurrencies would be a huge deal. But now that the population and people involved in the cryptomarket is very diverse, and the Chinese losing its grip on the market, I can say that this rating wouldn't be worth anything, at all. Also, Ripple being the number one on the list tells you how different their views are when it comes to trading against the best of the world. Their influence are long gone, even though they still have a tight grip on the mining game. The markets are a different thing than it was before.
member
Activity: 980
Merit: 62
March 01, 2019, 06:17:42 AM
#10
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.
full member
Activity: 1246
Merit: 102
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March 01, 2019, 03:12:23 AM
#9
Don't believe it, China can fake anything and now I'm thinking if their people are still human.
They already master the art of faking and imitating. No offense from people, lol.

All I believe is the CMC, perhaps their people invest more on eos than bitcoin and that where this article came up.
indeed china is famous for that, so they are like business giants in the world. besides that they can do anything to achieve results, I agree cmc is more reliable to see something right
hero member
Activity: 1022
Merit: 503
March 01, 2019, 03:00:23 AM
#8
Don't believe it, China can fake anything and now I'm thinking if their people are still human.
They already master the art of faking and imitating. No offense from people, lol.

All I believe is the CMC, perhaps their people invest more on eos than bitcoin and that where this article came up.
legendary
Activity: 2506
Merit: 3645
March 01, 2019, 02:22:57 AM
#7
@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.
Your words are true. Do not trust any news coming from bitcoin.com and Roger Ver.
This classification is old and has been circulating among blogs since the middle of last year so I can not find that any change in the current situation only more of FUD.
hero member
Activity: 2912
Merit: 556
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March 01, 2019, 02:05:18 AM
#6
Every country has their own rating for the cryptocurrency. And if you are curious about the compilation Chinese cryptocurrency rating, then I think perhaps, it only works in China but not in the other country or exchanges.

Maybe they have a calculation to determine the rating so base on their calculation, EOS is at the first list. But I wonder why bitcoin is not in the first places. But nevermind, it does not affect bitcoin at the cryptocurrency because bitcoin still lead the cryptocurrency.

I think there will be many more rating like that and we will see the difference of which coins that have to be in the first position.

You'd better to not thinking more about those rating because I don't think that is not the real list. You know that bitcoin still on the leader in the cryptocurrency. And if I were you, I just skip to thinking furthermore.
hero member
Activity: 3038
Merit: 634
March 01, 2019, 01:33:59 AM
#5
Maybe it's just a rating applicable for the taste of the Chinese people. That doesn't really mean a lot if you are living outside China so why you are thinking of considering to invest with those coins that they are suggesting?

I do not know exactly what it is. But we should consider how far China is about cryptocurrency. At least I know last year Chinese new year had affected the price a lot and if it is related to these issues, I guess it should be taken into consideration.
Before everyone believes that Chinese new year does affect the market a lot. But I guess it's not viable anymore to believe with this kind of even that makes the market down for some reasons, as we saw last time nothing happened.
sr. member
Activity: 910
Merit: 351
March 01, 2019, 12:14:46 AM
#4
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?

Don't use a single source. Imo it's fine to use it just for the sake of understanding which project is considered top or bad in China, but for investment, no, that's another question. If you really mean the list posted by mu_enrico above, I believe you should do further research because they list EOS & NEO in top, it is really questionable. For example, NEO blockchain faces a lot of stale block, stop producing new block lately and there are not that many dapps runs on top of it.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
February 28, 2019, 10:43:38 PM
#3
@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.
hero member
Activity: 1358
Merit: 509
February 28, 2019, 05:42:52 PM
#2
I do not know exactly what it is. But we should consider how far China is about cryptocurrency. At least I know last year Chinese new year had affected the price a lot and if it is related to these issues, I guess it should be taken into consideration.
newbie
Activity: 18
Merit: 0
February 28, 2019, 01:57:03 PM
#1
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
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