Cryptocurrency Ratings, how they will affect coin prices.

Thadeous

copper member

Activity: 588

Merit: 17

Quote from: skylar on January 30, 2018, 09:10:38 PM

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

IMO it is absolutely have a serious effect on it, like this when the coin are on big gainner list than it will physiology attract people to buy that coin, then it will make a price more higher. People love pumping chart in my opinion. But when coin are listed on biggest losser list, it will make a price easily to dump.

That's the main issue. Such popular ratings can be easily used as huge pump and dump tools.
So it will be great if cryptocurrency community controls such resources at the same level of publicity.

skylar

full member

Activity: 434

Merit: 104

Esport Ecosystem

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

IMO it is absolutely have a serious effect on it, like this when the coin are on big gainner list than it will physiology attract people to buy that coin, then it will make a price more higher. People love pumping chart in my opinion. But when coin are listed on biggest losser list, it will make a price easily to dump.

Thadeous

copper member

Activity: 588

Merit: 17

Quote from: Nahl on January 30, 2018, 10:03:02 AM

in my opinion this is will have serious effect for the coin price in the future and position at coin market cap will determine those coin will have lack of interest or will being the coins which have high market support and more higher the position at coinmarketcap then possibility to survive in the future are pretty high

Sure, and this serious effect should worry crypto community today. Because one thing is transparent information from CMC and another thing is so called "expert conclusions and researches".

Nahl

legendary

Activity: 1652

Merit: 1000

in my opinion this is will have serious effect for the coin price in the future and position at coin market cap will determine those coin will have lack of interest or will being the coins which have high market support and more higher the position at coinmarketcap then possibility to survive in the future are pretty high

Thadeous

copper member

Activity: 588

Merit: 17

Quote from: Latviand on January 30, 2018, 09:21:17 AM

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

The cryptocurrency ratings affect the coin price. If you know about the law of demand and the supply you can apply an situation this.and if you want an complete information about that coin the best site you can visit is the coinmarketcap.com because in this site the chart,price,value and others info about coins is complete in this

I agree. In addition to CMC I often use Coinranking because it responds much faster than CMC. Roll Eyes

Latviand

full member

Activity: 1540

Merit: 219

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

The cryptocurrency ratings affect the coin price. If you know about the law of demand and the supply you can apply an situation this.and if you want an complete information about that coin the best site you can visit is the coinmarketcap.com because in this site the chart,price,value and others info about coins is complete in this

Nana_Marini

full member

Activity: 392

Merit: 103

I think that the information you need had been given by master of bitcoin. I just conclude that many effect which give influence for price of coin and the biggest influence is amount of people who invest in this coin

europesss

sr. member

Activity: 546

Merit: 250

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

The price is up to the market , is up to the buyers and sellers.People check coinmarketcap to find the newest price of a coin , but it has nothing to do with the price.

Thadeous

copper member

Activity: 588

Merit: 17

Quote from: makishart on January 29, 2018, 06:59:41 PM

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

They will, but remember as long as the demand for crypto still increases anytime and it doesn't give any impact on the price of a coin in the future. Because that means if the demand will have divided into some new coins. With the growth of crypto and there currently so many new altcoins in the market to reflect the request of the crypto itself. As long as the demand still increase all should be fine.

Increasing demand is definitely crucial factor for cypto market grow.
But such rating agencies can still manipulate popularity of a particular coin, trying to attract or scare the investor.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

They will, but remember as long as the demand for crypto still increases anytime and it doesn't give any impact on the price of a coin in the future. Because that means if the demand will have divided into some new coins. With the growth of crypto and there currently so many new altcoins in the market to reflect the request of the crypto itself. As long as the demand still increase all should be fine.

pikebu

hero member

Activity: 854

Merit: 522

Quote from: Thadeous on January 29, 2018, 01:04:09 PM

Quote from: pikebu on January 29, 2018, 12:31:48 PM

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

Of course yes coinmarketcap https://coinmarketcap.com/ is best source of information about the capitalization of market daily and hourly, we just need find the digital coins will be choosen on almost all of information about the digital coins are available on there, basically cryptocurrency rating is data to find the trend of price based on volume of transaction and capitalization of market, unfortunately it is not enough if you don't know about the analysis technical to understand the coinmarketcap.

You are right about CMC.
But what I mean is cryptocurrency rating publishers like Weiss Cryptocurrency Ratings:
https://weisscryptocurrencyratings.com/ratings/the-weiss-cryptocurrency-ratings-explained-15
I wonder how they can affect crypto market.

No i don't think it will be affect to cryptos markets because basically they are doing analysis fundamental of cryptocurrencies, it is like the opinions from them about the cryptos coins. As we know all of people can makes prediction of the price in the markets include you and me, but doesn't mean will many people who follow our prediction of the price, so do with it. We must sign the community will follow them, it will be affect to cryptos markets but it is not today.

Thadeous

copper member

Activity: 588

Merit: 17

Quote from: pikebu on January 29, 2018, 12:31:48 PM

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

Of course yes coinmarketcap https://coinmarketcap.com/ is best source of information about the capitalization of market daily and hourly, we just need find the digital coins will be choosen on almost all of information about the digital coins are available on there, basically cryptocurrency rating is data to find the trend of price based on volume of transaction and capitalization of market, unfortunately it is not enough if you don't know about the analysis technical to understand the coinmarketcap.

You are right about CMC.
But what I mean is cryptocurrency rating publishers like Weiss Cryptocurrency Ratings:
https://weisscryptocurrencyratings.com/ratings/the-weiss-cryptocurrency-ratings-explained-15
I wonder how they can affect crypto market.

bizul

member

Activity: 1064

Merit: 22

I've got two answers for you.

Short term answer:
Investors in a hurry to buy cheap coins hoping that by selecting top traded cheap coins will gain more public demand and when the price increase, they dump for profit. This isn't a measurement of how good a coin is. You should study the white paper, roadmap and their development features. Unfortunately, most altcoin investors are buying a little bit of everything without second thought. This means that even the coin with the most stupid features can one day replace bitcoin. Even meme coins have a chance due to this kind of investors.

Long term answer:
This is more closer to reality. When regulations are enforced, ALL investors will look into altcoins that can circumvent regulations and protect their users. I expect there will be a huge shift towards privacy coins when that happens. I suggest you start looking into privacy coins. Look for open-source altcoins that are decentralized with private transactions.

pikebu

hero member

Activity: 854

Merit: 522

Quote from: Thadeous on January 29, 2018, 12:16:57 PM

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

Of course yes coinmarketcap https://coinmarketcap.com/ is best source of information about the capitalization of market daily and hourly, we just need find the digital coins will be choosen on almost all of information about the digital coins are available on there, basically cryptocurrency rating is data to find the trend of price based on volume of transaction and capitalization of market, unfortunately it is not enough if you don't know about the analysis technical to understand the coinmarketcap.

Thadeous

copper member

Activity: 588

Merit: 17

All of us check Coin Market Cap (CMC) daily and even hourly. Roll Eyes

And recently I see more and more various Cryptocurrency Ratings published.
How do you think, will they seriously affect coin prices in future?

Topic: Cryptocurrency Ratings, how they will affect coin prices. (Read 167 times)