eight basic levels of cryptocurrencies.

jetcrypto

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Quote from: charlie137 on August 18, 2018, 11:54:58 AM

Quote from: ovbokhan on August 09, 2018, 04:16:27 PM

Quote from: jetcrypto on August 09, 2018, 12:51:30 AM

Yes, most shitcoins which are come from ICOs are useless

Most of the shitcoins will eventually be de-listed as soon as the hype dies down, we see a lot of ICOs falling into this category, losing over 90 percent of their value in less than 4 months after hiting exchange

it would be a bright future, but its unlikely. right now we have only ONE big exchange that listing projects according to their code base (and volume). literally every other one will list ANYTHING that will pay listing fee

Do you mean "ONE big exchange" not take fees to list coins/tokens (exept some small service charges) ?

charlie137

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Quote from: ovbokhan on August 09, 2018, 04:16:27 PM

Quote from: jetcrypto on August 09, 2018, 12:51:30 AM

Yes, most shitcoins which are come from ICOs are useless

Most of the shitcoins will eventually be de-listed as soon as the hype dies down, we see a lot of ICOs falling into this category, losing over 90 percent of their value in less than 4 months after hiting exchange

it would be a bright future, but its unlikely. right now we have only ONE big exchange that listing projects according to their code base (and volume). literally every other one will list ANYTHING that will pay listing fee

xemkolp

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Where do you arrange the new generational altcoins with great working items. Do despite everything you classify them under built up token. I have just observed a portion of these activities and I had confidence in them, since they have natural development.
Before Bitcoin got to this stage, many idea of it to be a poo coin. Consequently, some may see altcoin to be crap, however I would state not all are and this will be clear in not so distant future.

jetcrypto

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Quote from: darthmaul on August 13, 2018, 05:35:17 AM

I believe there is only one type and thats Tier 1 to infinity and all of them is filled with bitcoin only. There is no other tier because it is just about the bitcoin and no other coins really. I believe in bitcoin a lot because its one of its kind and frankly 99% people are 100% holding some amount of bitcoin all the time. This means bitcoin receives its great support from small and big investors all the time and thus becomes the most traded as well as popular coin of all time. You might have created this list out of enthusiasm but there is only one exciting coin and its bitcoin.

I know that Bitcoin stands far away from others. But we must give some other coins a chance to be something interesting to invest in

darthmaul

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I believe there is only one type and thats Tier 1 to infinity and all of them is filled with bitcoin only. There is no other tier because it is just about the bitcoin and no other coins really. I believe in bitcoin a lot because its one of its kind and frankly 99% people are 100% holding some amount of bitcoin all the time. This means bitcoin receives its great support from small and big investors all the time and thus becomes the most traded as well as popular coin of all time. You might have created this list out of enthusiasm but there is only one exciting coin and its bitcoin.

jetcrypto

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[/quote]

How about tokens created by messengers, loyalty platforms, crypto echanges and other real working businesses? Should I put them in Tier 3 together with Ripple?
[/quote]

I think Binance Coin (BNB) and Huobi Token (HT) have the potential to increase in value over time because they will always be supported by the great exchanges they represent. I'm not sure about the others though. Speaking of Telegram's Gram, for example, which is probably the most promising token created by messengers, I wouldn't say they are safe to invest in right now. Firstly, the public sale was canceled and if you see a site selling GRAM they are most likely scammers. Secondly, I read that the unofficial sales, which are going on right now can complicate listing it on exchanges or setting a post-ICO price. In short, I would put Binance Coin (BNB) and Huobi Token (HT) in the Tier 3, but I'm not sure about the others.
[/quote]

TON (telergam) are lagging behind in their roadmap. They just released "Telergam passport" feature only.

Betwrong

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Quote from: jetcrypto on August 12, 2018, 01:04:33 AM

Quote from: Betwrong on August 11, 2018, 09:01:10 AM

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

Not only Ripple is backed by real business, and sometimes useless sh*tcoins are hyped too, but I agree with you in general. Indeed, Bitcoin and Ethereum are the most promising ones, and tokens like Cardano and IOTA, although they are falling right now like all others, will most likely be doing good in the future since they are representing unique and useful platforms. And, like you, I too think that miners' forks will hardly have a future in the long term, so, they are rightfully placed on the 6th tier.

How about tokens created by messengers, loyalty platforms, crypto echanges and other real working businesses? Should I put them in Tier 3 together with Ripple?

I think Binance Coin (BNB) and Huobi Token (HT) have the potential to increase in value over time because they will always be supported by the great exchanges they represent. I'm not sure about the others though. Speaking of Telegram's Gram, for example, which is probably the most promising token created by messengers, I wouldn't say they are safe to invest in right now. Firstly, the public sale was canceled and if you see a site selling GRAM they are most likely scammers. Secondly, I read that the unofficial sales, which are going on right now can complicate listing it on exchanges or setting a post-ICO price. In short, I would put Binance Coin (BNB) and Huobi Token (HT) in the Tier 3, but I'm not sure about the others.

jetcrypto

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Quote from: Betwrong on August 11, 2018, 09:01:10 AM

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

Not only Ripple is backed by real business, and sometimes useless sh*tcoins are hyped too, but I agree with you in general. Indeed, Bitcoin and Ethereum are the most promising ones, and tokens like Cardano and IOTA, although they are falling right now like all others, will most likely be doing good in the future since they are representing unique and useful platforms. And, like you, I too think that miners' forks will hardly have a future in the long term, so, they are rightfully placed on the 6th tier.

How about tokens created by messengers, loyalty platforms, crypto echanges and other real working businesses? Should I put them in Tier 3 together with Ripple?

Betwrong

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I stand with Ukraine.

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

Not only Ripple is backed by real business, and sometimes useless sh*tcoins are hyped too, but I agree with you in general. Indeed, Bitcoin and Ethereum are the most promising ones, and tokens like Cardano and IOTA, although they are falling right now like all others, will most likely be doing good in the future since they are representing unique and useful platforms. And, like you, I too think that miners' forks will hardly have a future in the long term, so, they are rightfully placed on the 6th tier.

Sylvial

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For me it's actually Bitcoin, Ethereum and others. These are the levels for me. Sadly, the crypto space is replete with the '7th and 8th levels'

lifesgood10

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

Lol, i think i like tier 7 alot, there is nothing more fantastic than a hyped token, it gives you profit beyond imagination and i am just excited by it
all you have to do is follow the trend, baulk the trend, take the right steps.
go in the trade at the right time, leave the trade at the right time

you are gonna get over 100x

jetcrypto

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Quote from: Aleshia696 on August 11, 2018, 07:57:35 AM

The determination of Eight basic levels! a real thinking job you did. In here it would be better if you name the first level Bitcoin and Ethereum into a word. Let us discuss how we can differentiate one from another.

Yes, I will do it

Aleshia696

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The determination of Eight basic levels! a real thinking job you did. In here it would be better if you name the first level Bitcoin and Ethereum into a word. Let us discuss how we can differentiate one from another.

jetcrypto

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Quote from: Loye on August 11, 2018, 06:37:36 AM

This post will be highly useful for the newbies because this has covered the scenario of the coin very well. Not only for the newbies but even for the people in the forum who are stuck in explaining the situation of the coin.

Well, don't you think that there's following Tiers only?
Tier 1: BITCOIN
Tier 2: ALTCOIN (Top ten after Bitcoin)
Tier 3: Quick cash tokens

jetcrypto

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Quote from: CripplesPlazma on August 11, 2018, 05:42:08 AM

Actually there are many coins in this market that are operating in this market. There are more than 1600 coins that are operating in this market. You have given a very few but your chronology is good. I think you should add more.

For most of them I've got the Tier 8
But you're right, now i'm finishing info portal where more coins will be set to Tiers

Loye

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This post will be highly useful for the newbies because this has covered the scenario of the coin very well. Not only for the newbies but even for the people in the forum who are stuck in explaining the situation of the coin.

CripplesPlazma

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Actually there are many coins in this market that are operating in this market. There are more than 1600 coins that are operating in this market. You have given a very few but your chronology is good. I think you should add more.

blogardianz

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[ CINDX ] REFORM HOW SELL & BUY CRYPTO

Quote from: BitPotus on August 09, 2018, 12:50:47 AM

There are only 2 levels....

Bitcoin and Shitcoins....

LOL, this is so true.

Well, this is my only opinion.

Tier 1: BITCOIN
Tier 2: ALTCOIN (Top ten after Bitcoin)
Tier 3: Quick cash tokens

johnokeefe09

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Yes; this pretty much covers it all up. Also this shows the over all scenario of the market; and will be of great help to the newbies. It proves that you have speculated the market well.

jetcrypto

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Quote from: RaidNow on August 11, 2018, 03:40:18 AM

I think this will be helpful for newbie’s based on this here is talking about the market scenario which is cover who the market conditions which is really effective for beginner.

Could you pls write me more details about the market scenario you want me to cover?

BTCHeadstone

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Whoah ! You have created the levels brilliantly. The Tier 1 is Bitcoin and Ethereum which are one of the most potential coins in the market. You have classified tier 2- tier 8 according to their level in the market. Good work indeed.

RaidNow

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I think this will be helpful for newbie’s based on this here is talking about the market scenario which is cover who the market conditions which is really effective for beginner.

elemosho.crypto

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BTC; is legendary of its own; no need to compare with any other coin. ETH did dominate for a period of time; but there is no alternative to BTC. Ripple in my opinion don't belong in this list.

jetcrypto

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Quote from: ranoby on August 11, 2018, 12:43:39 AM

Excellent clear division of Crypto-currency! Approximately this is how I imagined it, but never consciously shared it.

Thanks. Do you need same Tier thing regarding crypto wallets??

jetcrypto

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Quote from: salinaangel on August 10, 2018, 12:40:41 PM

Yes that’s probably right. But I think tire four should be tokens backed real business (Ripple) and tire five will be token representing real crypto platform.

A lot of crypto platforms are still under development or beta without real users and my Tier assumptions mostly based on my own opinion.

ranoby

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Excellent clear division of Crypto-currency! Approximately this is how I imagined it, but never consciously shared it.

jetcrypto

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Quote from: redrose8226 on August 10, 2018, 05:00:40 PM

Take waves; 0x; DAI; and all other token-based services and compare them to bitcoin gold and tell me forks are more valuable to the network.

I'm not taking about which coin is more valuable. I'm just trying to seporate them on different types

blacknight789

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The crypto market is divided into eight areas of investment. I like the analysis. I think Bitcoin & Ethereum are safe and promising for investment. Here's the guaranteed profit. Thank you for sharing.

redrose8226

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Take waves; 0x; DAI; and all other token-based services and compare them to bitcoin gold and tell me forks are more valuable to the network.

Alighway

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I think Bitcoin is on its own tier apart from all other coins. Though ETH has dominated market for quite some times but right now honestly; I see no chance of ETH catching up with BTC ever again. Moreover; Ripple is a more centralized currency than others; so I don't think it should deserve a place in this list.

salinaangel

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Yes that’s probably right. But I think tire four should be tokens backed real business (Ripple) and tire five will be token representing real crypto platform.

jetcrypto

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Quote from: Loye on August 10, 2018, 12:00:11 PM

Sorry to say but I don't agree with the part where you placed Bitcoin and Ethereum on the same tier. Even by judging the popularity for each coins; ETH will never come close BTC to be on the same tier. Otherwise; the listing looks fine to me.

They both stay so far away from others, so it looks like one Tier right now

It might change in the future...

Loye

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Sorry to say but I don't agree with the part where you placed Bitcoin and Ethereum on the same tier. Even by judging the popularity for each coins; ETH will never come close BTC to be on the same tier. Otherwise; the listing looks fine to me.

jetcrypto

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Quote from: Ini35 on August 10, 2018, 10:08:30 AM

Where do you categorize the new generational altcoins with good working products. Do you still categorize them under hyped token. I have already seen some of these projects and i believed in them, because they have organic growth.
Before Bitcoin got to this stage, many thought of it to be a shit coin. For this reason, some might see altcoin to be shit, but i would say not all are and this will be evident in near future.

I know this problem to separate projects under development and real working products. It's just a first version of Tiers. Now I'm finishing info portal regarding this matter and more info will be added in near future.

Ini35

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Where do you categorize the new generational altcoins with good working products. Do you still categorize them under hyped token. I have already seen some of these projects and i believed in them, because they have organic growth.
Before Bitcoin got to this stage, many thought of it to be a shit coin. For this reason, some might see altcoin to be shit, but i would say not all are and this will be evident in near future.

JamescrypTrader

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Very well thought and well organized list. But; I would like to add a point to the Ripple part because; Ripple should not be in any tier as it is not entirely decentralized. Rather; it is governed by banks and the organizations behind it. Otherwise the whole list looks perfect to me.

painkiller321

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I think it’s an ideal definition of the basic levels of cryptocurrencies. All the cryptocurrencies are properly tiered by its use. I think this is correct.

redrose8226

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I appreciate you for definition. I agree with you. Now Bitcoin and Ethereum are ruled the cryptocurrency market. So; it’s perfect to keep these in tier 1.

jetcrypto

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Quote from: annasadia on August 10, 2018, 07:55:49 AM

There are several steps in cryptocurrency. The steps are divided into eight groups. Bitcoin & Ethereum are the safest and most profitable in crypto. I think the investment here is profitable because it has been developed with advanced technology.

Bitcoin & Ethereum most profitable in long term...

annasadia

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There are several steps in cryptocurrency. The steps are divided into eight groups. Bitcoin & Ethereum are the safest and most profitable in crypto. I think the investment here is profitable because it has been developed with advanced technology.

jetcrypto

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Quote from: ginobitcoiner on August 10, 2018, 07:47:56 AM

Quote from: jetcrypto on August 07, 2018, 07:44:06 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, 07:22:09 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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BBOD Trading Platform

Quote from: jetcrypto on August 07, 2018, 07:44:06 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, 07:44:06 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, 07:32:31 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, 06:13:37 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, 05:19:18 AM

Quote from: jetcrypto on August 07, 2018, 07:44:06 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).

saganpav

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SPOKKZ

Quote from: jetcrypto on August 07, 2018, 07:44:06 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, 04:51:46 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, 04:26:47 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, 04:35:48 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, 03:42:16 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, 03:50:42 AM

Quote from: jetcrypto on August 07, 2018, 07:44:06 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, 03:34:12 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

xanaxxx

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

grinyaaa

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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!

voltagecrypto98

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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.

jetcrypto

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Quote from: Kryten12 on August 10, 2018, 12:57:05 AM

Quote from: jetcrypto on August 07, 2018, 07:44:06 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 think you have pretty much nailed the Tiers for what we have at the moment I think in the next year or so Tier 3 would need to expand with a few more subcategories as this is where alot of the crossover development will take place. Companies will integrate crypto into their business model and people will be using blockchain technology without even realising it.

Yes, I thought about that. Formally Tier 3 includes "messengers' tokens - TON, KIN, etc." "exchanges and wallets utility tokens" "loyalty tokens" and so on. But it's all not the same.

Kryten12

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TREEBLOCK

Quote from: jetcrypto on August 07, 2018, 07:44:06 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 think you have pretty much nailed the Tiers for what we have at the moment I think in the next year or so Tier 3 would need to expand with a few more subcategories as this is where alot of the crossover development will take place. Companies will integrate crypto into their business model and people will be using blockchain technology without even realising it.

jetcrypto

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Quote from: Crown1 on August 10, 2018, 12:48:58 AM

I think the fifth - eighth are all the same type, all the hype.
I don't think these tokens have any value whatsoever, just hype.

I have another version of Tier classification:

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. Aplication layer can serve different needs and provide all needed services to the endusers.

jetcrypto

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Quote from: ovbokhan on August 09, 2018, 04:13:24 PM

Interesting classification, although it can be argued that some of the tokens can be said to belong to more than one class, it is also interest tat you will list eth along side btc, btc deserves a class of its own and eth should move a notch downwards.,not to say eth is poor or something

I have another version of Tier classification:

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. Aplication layer can serve different needs and provide all needed services to the endusers.

Crown1

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I think the fifth - eighth are all the same type, all the hype.
I don't think these tokens have any value whatsoever, just hype.

jetcrypto

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Quote from: atorle on August 09, 2018, 05:16:08 PM

Quote from: BitPotus on August 09, 2018, 12:50:47 AM

There are only 2 levels....

Bitcoin and Shitcoins....

Hilarious really, bitcoin certainly deserves a class of oits own, that is why I am not pleased it sharing a class with Eth, eth can find elsewhere,some respect

You're absolutly right. Can i make "Bitcoin Tier" ?

jetcrypto

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Quote from: jvper on August 09, 2018, 05:20:31 PM

Quote from: jetcrypto on August 09, 2018, 06:55:23 AM

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

Your classification is quite arbitrary. For example, why do you consider Dash different from Monero? If it is different, why not a fork? Remember it is a fork of Bytecoin.

I fixed the classification. Here's the right one

BTC - 1
ETH - 1
XVG - 2
XRP - 3
LTC - 6
ADA - 2
BCH - 6
NEO - 5
ETC - 6
ICX - 7
IOT - 2
DASH - 4
QTUM - 2
XLM - 5
XEM - 2
LSK - 2
XMR - 4
WAVES - 2
BTG - 6
WAN - 7
SC - 7
ZEC - 7
EOS - 2
ELA - 2
HSR - 2
BTS - 2
Steem - 2
NANO - 7
BTM - 7
TRON - 7

jvper

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Quote from: jetcrypto on August 09, 2018, 06:55:23 AM

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

So, I've tried to put first 30 coins on those tiers mentioned above.

BTC - 1
ETH - 1
XVG - 3
XRP - 6
LTC - 2
ADA - 6
BCH - 5
NEO - 6
ETC - 7
ICX - 2
IOT - 4
DASH - 2
QTUM - 5
XLM - 2
XEM - 2
LSK - 4
XMR - 2
WAVES - 6
BTG - 7
WAN - 7
SC - 7
ZEC - 2
EOS - 2
ELA - 2
HSR - 2
BTS - 2
Steem - 2
NANO - 7
BTM - 7
TRON - 7

Your classification is quite arbitrary. For example, why do you consider Dash different from Monero? If it is different, why not a fork? Remember it is a fork of Bytecoin.

atorle

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Quote from: BitPotus on August 09, 2018, 12:50:47 AM

There are only 2 levels....

Bitcoin and Shitcoins....

Hilarious really, bitcoin certainly deserves a class of oits own, that is why I am not pleased it sharing a class with Eth, eth can find elsewhere,some respect

lunaelucemauram

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Quote from: butterfly8226 on August 09, 2018, 04:09:51 PM

Indeed. The tier 8 was quite funny but true. Currently; some of the coins are just operating well in this market. But sadly; in this year we all are still looking for a bull to rise. We all need a motivation right now to stick with it.

Not to mention the hype altcoin that would only want to get money from the investors and most of this are done but pump and dump or other price manipulation and after that the coin will be totally useless. This also happens in scam ICOs which is why double or triple evaluating the altcoin or ICO before putting in your money is the best thing to do.

ololajulo

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SOL.BIOKRIPT.COM

Quote from: ovbokhan on August 09, 2018, 04:16:27 PM

Quote from: jetcrypto on August 09, 2018, 12:51:30 AM

Yes, most shitcoins which are come from ICOs are useless

Most of the shitcoins will eventually be de-listed as soon as the hype dies down, we see a lot of ICOs falling into this category, losing over 90 percent of their value in less than 4 months after hiting exchange

Identifying shitcoin now can be difficult with the general state of market. the demands from most centralized exchanges is high ridiculous which could cause a necessary ICO over valued. However, most project are reluctant to pay the price and looking for alternative. Aside the genuineness of the hyped project's team, most technology inclined team are struggling to get on the market and get a sustainable market trade volume that is high.

ovbokhan

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Quote from: jetcrypto on August 09, 2018, 12:51:30 AM

Yes, most shitcoins which are come from ICOs are useless

Most of the shitcoins will eventually be de-listed as soon as the hype dies down, we see a lot of ICOs falling into this category, losing over 90 percent of their value in less than 4 months after hiting exchange

ovbokhan

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Activity: 95

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Interesting classification, although it can be argued that some of the tokens can be said to belong to more than one class, it is also interest tat you will list eth along side btc, btc deserves a class of its own and eth should move a notch downwards.,not to say eth is poor or something

butterfly8226

newbie

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Indeed. The tier 8 was quite funny but true. Currently; some of the coins are just operating well in this market. But sadly; in this year we all are still looking for a bull to rise. We all need a motivation right now to stick with it.

jetcrypto

newbie

Activity: 82

Merit: 0

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

So, I've tried to put first 30 coins on those tiers mentioned above.

BTC - 1
ETH - 1
XVG - 2
XRP - 3
LTC - 6
ADA - 2
BCH - 6
NEO - 5
ETC - 6
ICX - 7
IOT - 2
DASH - 4
QTUM - 2
XLM - 5
XEM - 2
LSK - 2
XMR - 4
WAVES - 2
BTG - 6
WAN - 7
SC - 7
ZEC - 7
EOS - 2
ELA - 2
HSR - 2
BTS - 2
Steem - 2
NANO - 7
BTM - 7
TRON - 7

jetcrypto

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Activity: 82

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Quote from: Solucrypto on August 09, 2018, 04:21:47 AM

Most hyped coins have a way of surprising people and giving early investors cool cash.

I thought to do the rating the way like:

Tier 1: Bitcoin
Tier 2: Hyped shitcoins
Tier 3: Shity shitcoins

But, I guess it'll be boring...

nl247

full member

Activity: 518

Merit: 145

Quote from: Solucrypto on August 09, 2018, 04:21:47 AM

Your ranking is good, but I think in terms of getting fast money, the reverse arrangement should be the case. Most hyped coins have a way of surprising people and giving early investors cool cash.

Well, you may have a point, but you also have to understand that most hyped coins do have a way of surprising people in the negative aspect as well, to make them lose a whole lot and make them keep bag holding for a very long time. which unless they get lucky along the way to sell off at a good price eventually, they may as well just keep bag holding for life. The thing that would peradventure happen to shitcoins as the market gets matured, is the same thing that would happen to hyped coins.

Quote from: jetcrypto on August 09, 2018, 12:55:44 AM

Quote from: BitPotus on August 09, 2018, 12:50:47 AM

There are only 2 levels....

Bitcoin and Shitcoins....

But, can we have some subspecies for shitcoins?

Blather coins
Poop coins
Rogue coins
Monster coins

I can go on and on depending on how shitty you want them to sound. I really love the way you ranked them in the OP though!

D ltr

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Activity: 1362

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Instant cryptocurrency exchange with own reserves!

Quote from: xcbjsuw on August 09, 2018, 12:39:41 AM

What if Bitcoin Cash is in the 3rd or 4th Tier. Even though I am not a Bitcoin Cash holder, it seems appropriate for the tier

i believe that bitcoin cash can be on 4th tier, because many people use it as payment to pay something
but for 3rd tier is not because bitcoin cash is not backed by real bussines

Solucrypto

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Your ranking is good, but I think in terms of getting fast money, the reverse arrangement should be the case. Most hyped coins have a way of surprising people and giving early investors cool cash.

jetcrypto

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Activity: 82

Merit: 0

Quote from: Vit83 on August 09, 2018, 01:40:31 AM

You add cardano in tier 2 working crypto platform) But as I now they still haven't any working projects, they are still in development.
Good classification, I like it.

There's no word "working" in my classification. You know, when i'm tiering shitcoins, i have to classify it somehow in order to separate the total crypto crap

Vit83

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You add cardano in tier 2 working crypto platform) But as I now they still haven't any working projects, they are still in development.
Good classification, I like it.

jetcrypto

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Quote from: xcbjsuw on August 09, 2018, 12:39:41 AM

What if Bitcoin Cash is in the 3rd or 4th Tier. Even though I am not a Bitcoin Cash holder, it seems appropriate for the tier

Is "Bitcoin Cash" used by real business?

jetcrypto

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Quote from: BitPotus on August 09, 2018, 12:50:47 AM

There are only 2 levels....

Bitcoin and Shitcoins....

But, can we have some subspecies for shitcoins?

jetcrypto

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Yes, most shitcoins which are come from ICOs are useless

BitPotus

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There are only 2 levels....

Bitcoin and Shitcoins....

haryatiposton01

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This is new knowledge for me, I have not really understood the level of coin in cryptocurrency, I am thinking how to distinguish altcoins that are useless? Do most of the ICOs are Shitcoins that are useless? I will continue to research and study this, I thank you for the information very good.

xcbjsuw

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What if Bitcoin Cash is in the 3rd or 4th Tier. Even though I am not a Bitcoin Cash holder, it seems appropriate for the tier

jetcrypto

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it's not top, it's levels for different types of tokens

antogen123

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I agree with the first 3 positions as these are the most popular coins . and the rest need to learn and I think that everyone has their own top ))

jetcrypto

newbie

Activity: 82

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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

Topic: eight basic levels of cryptocurrencies. (Read 496 times)