eight basic levels of cryptocurrencies. - page 3.

jetcrypto

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Quote from: ginobitcoiner on August 10, 2018, 06:47:56 AM

Quote from: jetcrypto on August 07, 2018, 06:44:06 AM

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum

Why don't you pair ethereum with EOS, I think both of these coins have the same platform.

No, Ethereum and EOS are not the same platform!

jetcrypto

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Quote from: mktpromp on August 10, 2018, 06:22:09 AM

I think about eight levels of crypto currency and analyzed by them. In reality; in my opinion; in my opinion; Bitcoin & Ethereum are the most profitable investment fields. But before investing; you need to know more about this and increase efficiency. But you can make profits in crypto.

Bitcoin & Ethereum are LONG-TERM the most profitable investment fields

ginobitcoiner

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Quote from: jetcrypto on August 07, 2018, 06:44:06 AM

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum

Why don't you pair ethereum with EOS, I think both of these coins have the same platform.

Quote from: jetcrypto on August 07, 2018, 06:44:06 AM

Tier 2: Tokens representing real crypto platforms (Cardano, IoTA, Waves, ...)
Tier 3: Tokens backed by real business (Ripple)
Tier 4: Tokens with narrow specialization like payments, anonymity, etc. (Monero, Zcash... )
Tier 5: Growtech forks (Neo, Stellar,...)
Tier 6: Miners' forks (Bitcoin cash,...)
Tier 7: Hyped Tokens
Tier 8: Useless shitcoins

why don't you mention a few coins that you think can be called shitcoin, You can mention some coins like Uahpay, Cibus, and many more altcoins that you can mention

BigCookie

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"It's great and informative stuff!! But I think something important to note is that NEVER keep a
big amount on any exchange.
"

jetcrypto

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Quote from: HistoryVampire on August 10, 2018, 06:32:31 AM

"There are also some crypto wallets that allow direct access between crypto and fiat.
The one that comes to mind is the Waves wallet; it allows Euro and USD for now.
"

You mean that I should make Tiers for crypto wallets too?

Not crypto coins tiers only

HistoryVampire

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"There are also some crypto wallets that allow direct access between crypto and fiat.
The one that comes to mind is the Waves wallet; it allows Euro and USD for now.
"

mktpromp

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I think about eight levels of crypto currency and analyzed by them. In reality; in my opinion; in my opinion; Bitcoin & Ethereum are the most profitable investment fields. But before investing; you need to know more about this and increase efficiency. But you can make profits in crypto.

jetcrypto

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Quote from: slaman29 on August 10, 2018, 05:13:37 AM

No. Tier 7 and 8 apply to 99% of altcoins. Ripple backed by a product? No. Their token is a separate product from their blockchain technology. Their token IS a product, and a product they have been pushing and pushing, and giving away, and yet no one is using them still. They practically begged people to please start using XRP and still nobody is.

Hype (tier 7) applies to many coins like XRP. Some would say even any alt except Bitcoin (which is always FUDded against).

Backed by real business! For instance, when real working Messenger with a large user-base will make its own shitcoin, then yes, I will put in the Ripple Tier.

jetcrypto

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Quote from: saganpav on August 10, 2018, 04:19:18 AM

Quote from: jetcrypto on August 07, 2018, 06:44:06 AM

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum
Tier 2: Tokens representing real crypto platforms (Cardano, IoTA, Waves, ...)
Tier 3: Tokens backed by real business (Ripple)
Tier 4: Tokens with narrow specialization like payments, anonymity, etc. (Monero, Zcash... )
Tier 5: Growtech forks (Neo, Stellar,...)
Tier 6: Miners' forks (Bitcoin cash,...)
Tier 7: Hyped Tokens
Tier 8: Useless shitcoins

I do not really like your list. I think Cardano and Neo should be in the same line. Bitcoin in general should be separate from Ethereum. It should be one in the first place.

if you can share details of how NEO enhanced Ethereum fork, i can certainly move it up a bit.

slaman29

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No. Tier 7 and 8 apply to 99% of altcoins. Ripple backed by a product? No. Their token is a separate product from their blockchain technology. Their token IS a product, and a product they have been pushing and pushing, and giving away, and yet no one is using them still. They practically begged people to please start using XRP and still nobody is.

Hype (tier 7) applies to many coins like XRP. Some would say even any alt except Bitcoin (which is always FUDded against).

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Quote from: jetcrypto on August 07, 2018, 06:44:06 AM

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum
Tier 2: Tokens representing real crypto platforms (Cardano, IoTA, Waves, ...)
Tier 3: Tokens backed by real business (Ripple)
Tier 4: Tokens with narrow specialization like payments, anonymity, etc. (Monero, Zcash... )
Tier 5: Growtech forks (Neo, Stellar,...)
Tier 6: Miners' forks (Bitcoin cash,...)
Tier 7: Hyped Tokens
Tier 8: Useless shitcoins

I do not really like your list. I think Cardano and Neo should be in the same line. Bitcoin in general should be separate from Ethereum. It should be one in the first place.

jetcrypto

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Quote from: nniecan001 on August 10, 2018, 03:51:46 AM

This is the most entertaining thread here in alternative coins section, well posted by the author. I love reading all the details here, well to be a participant here. I usually divide token or coins into two section only. The first one is the profitable creation and shit creations coins. Don't make it complicated, as long as I got profit is all that matter.

Two Tiers only is very boring thing

jetcrypto

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Quote from: Eurobot on August 10, 2018, 03:26:47 AM

I agree with your definition. I also think this way but never wrote it down. Thanks for sharing.

But it's not completed yet. I'll have to write down the conditions for each Tier in order to show it clear why a coin will be listed in particular Tier

nniecan001

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This is the most entertaining thread here in alternative coins section, well posted by the author. I love reading all the details here, well to be a participant here. I usually divide token or coins into two section only. The first one is the profitable creation and shit creations coins. Don't make it complicated, as long as I got profit is all that matter.

jetcrypto

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Quote from: Ni-in on August 10, 2018, 03:35:48 AM

Would be interesting to see this again after a few years and your opinion.

I would also put a TierX, which does not fit into the other categories. And def change the order of some Crypto.

No problem. Here it is

)

Tier 1: Settlement layer: Bitcoin, ethereum

Tier 2: Application layer: Lightning, plasma...

There's no need a lot of coins in this other crypto reality. Application layer can serve different needs and provide all needed services to the endusers.

Ni-in

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Would be interesting to see this again after a few years and your opinion.

I would also put a TierX, which does not fit into the other categories. And def change the order of some Crypto.

jetcrypto

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Quote from: grinyaaa on August 10, 2018, 02:42:16 AM

I agree with the author of the topic.
Bitcoin and Ethereum will always occupy a leading position in the crypto market.
There are certainly a couple of promising Altcoins. But it cann`t take the place of leaders!

As soon as "promising Altcoins" will have enough qty of nodes to be stable and 51% attack resistant, they could move to Tier 1

Eurobot

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I agree with your definition. I also think this way but never wrote it down. Thanks for sharing.

jetcrypto

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Quote from: xanaxxx on August 10, 2018, 02:50:42 AM

Quote from: jetcrypto on August 07, 2018, 06:44:06 AM

I defined eight basic levels of cryptocurrencies. What you think about it?

Tokens Tiers.

Tier 1: Bitcoin & Ethereum
Tier 2: Tokens representing real crypto platforms (Cardano, IoTA, Waves, ...)
Tier 3: Tokens backed by real business (Ripple)
Tier 4: Tokens with narrow specialization like payments, anonymity, etc. (Monero, Zcash... )
Tier 5: Growtech forks (Neo, Stellar,...)
Tier 6: Miners' forks (Bitcoin cash,...)
Tier 7: Hyped Tokens
Tier 8: Useless shitcoins

I would add a tier for tokens representing the crypto platform under the development. There is a lot of speculation in that category and many will fail, some good ones will come out

IMHO the majority of platforms like Cardano, IoTA, Waves are still under the development. So my rating is very conditional. I can't rate the way like this (even if I want to):
Tier 1 - Bitcoin
Tier 2 - The rest of the Blockchain platforms which are under the development

jetcrypto

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Quote from: voltagecrypto98 on August 10, 2018, 02:34:12 AM

I totally agree with on these steps. I too think that these steps must be followed gradually to good in this market without falling victim to various scams. These steps will make to an expert gradually from novice. I will recommend all to follow this.

Thank you. I plan to add more coins to Tiers and even make some sub Tiers

Topic: eight basic levels of cryptocurrencies. - page 3. (Read 517 times)