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Topic: Weiss Rates Bitcoin and Other 73 cryptocurrencies. Bitcoin scores C+. - page 2. (Read 222 times)

legendary
Activity: 3472
Merit: 10611
everyone is trying to understand that cryptocurrency market is easy to manipulate, specially when it comes to altcoins. Weiss, a financial firm that is known for manipulating the market is obviously going to try their hands in altcoin pump and dumps.

anyone who has been involved with cryptocurrencies knows that the main rating attribute is security of such investment. for example when you invest in bitcoin (their C+) you know there is less chance of losing money than when you invest in Cardano (their B+). not to mention the pump and dumps which means Cardano is already in a bubble after a pump and the table posted above only proves that when you see a big rise followed by the slow drop.
hero member
Activity: 1834
Merit: 759
These ratings are subjective, much like stock ratings. I wouldn't take it seriously.

You may also want to consider the fact that Weiss has already been prosecuted for "production and and distribution of materially false and misleading marketing materials" (false ratings for pump and dump basically lol) before:

https://www.sec.gov/litigation/admin/2009/34-60125.pdf

Don't give them the power to influence prices. Ignoring their ratings would be best lol.

Wow that's some legit document.

BTW, I've read the article on news.bitcoin.com. It was not on a random manipulative webiste or so..

Well I hate to break it to you, but bitcoin.com is not, in any way, affiliated with Bitcoin. It's run by Roger Ver, who is a Bitcoin Cash shill. Satoshi himself disowned it; granted, the site was nothing like it currently is at the time:

It's unrelated.  There wasn't anything there when I started.

The price of .com registrations is lower than it should be, therefore any good name you might think of is always already taken by some domain name speculator.  Fortunately, it's standard for open source projects to be .org.

I would argue that bitcoin.com is at least a little bit manipulative lol.

Either way, it's not like the rating is fake news or anything. I'm just pointing out that Weiss isn't as legitimate as some people probably believe.
full member
Activity: 392
Merit: 101
These ratings are subjective, much like stock ratings. I wouldn't take it seriously.

You may also want to consider the fact that Weiss has already been prosecuted for "production and and distribution of materially false and misleading marketing materials" (false ratings for pump and dump basically lol) before:

https://www.sec.gov/litigation/admin/2009/34-60125.pdf

Don't give them the power to influence prices. Ignoring their ratings would be best lol.

Wow that's some legit document.

BTW, I've read the article on news.bitcoin.com. It was not on a random manipulative webiste or so..
hero member
Activity: 1834
Merit: 759
These ratings are subjective, much like stock ratings. I wouldn't take it seriously.

You may also want to consider the fact that Weiss has already been prosecuted for "production and and distribution of materially false and misleading marketing materials" (false ratings for pump and dump basically lol) before:

https://www.sec.gov/litigation/admin/2009/34-60125.pdf

Don't give them the power to influence prices. Ignoring their ratings would be best lol.
full member
Activity: 532
Merit: 107
I am pretty sure, those people who evaluated Crypto in Weiss, has no idea about how crypto works or what details they were looking into. They rated bitcoin C+, but Steem got B? LOL they rated Cardano B but Stellar & Ripple got C. This show how biased this rating is.
full member
Activity: 392
Merit: 101
What is the Weiss rates, and what makes them the authority in rating cryptocurrencies? Are they cryptographers and/or computer scientists? If they are not, then those ratings are wrong. BTC should be A++ if you ask me.


Well, they're one of the biggest 100% independent rating agency in the North America. Not a random agency to be ignored tbh. And this is economics, they're evaluating the market and the investments, potential investments whatever. Your post suggests that only cryptographers and/or computer scientists can generate correct ratings, and that is just a horrible joke.
sr. member
Activity: 868
Merit: 259
What is the Weiss rates, and what makes them the authority in rating cryptocurrencies? Are they cryptographers and/or computer scientists? If they are not, then those ratings are wrong. BTC should be A++ if you ask me.

The list is incomplete. Wheres the rest?
full member
Activity: 392
Merit: 101
So this financial agency Weiss released a cryptocurrency review. While there was no coin scored any A's, the highest scoring coins were EOS and Ethereum, scoring B. Bitcoin scored C+, falling behind Steem who scored B-  Huh Huh

Here's the whole list:



Based on Weiss' article, A-B means "buy", C+/C/C- means "hold" (HODL!) and the lesser scores means "sell".

I'd like to hear what you guys think!


Disclaimer: I don't know how legit this Weiss agency is.
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