According to Weiss Ratings, bitcoin scores a C+ (“fair”) while ethereum earns a B (“good”), and steem a B-. That’s right: steem scores higher than bitcoin. No cryptocurrency earns the highest possible rating of an A. In a report issued today, the company explained: “A grade of A or B can also be interpreted as the investment rating equivalent of “buy.” At the same time, investors should not be overly alarmed by a C rating.” Electing not to invoke crypto’s most famous meme, they continued: “It is a passing grade, and for investors, implies the equivalent of ‘hold.'” Grades of D and E, are the equivalent of a sell, with the release citing crypto minnows Novacoin and Salus as examples of a D.
source:https://news.bitcoin.com/new-weiss-ratings-for-cryptocurrencies-award-no-as-and-score-bitcoin-a-c/
I'm happy for Steemit. Let's go there!!
Hey @amitraj,
Thanks for posting this.
I'm glad Steem was rated one of the better coin!
Check out the post I just made on the increase of price of Steem after Weiss' ratings release and don't forget to follow :)
https://steemit.com/steem/@vismonkey/steem-s-amazing-price-increase-january-24-2018
Followed!
Thanks for posting this story, and for including the link. It's very interesting and relevant – particularly for us Steemians.
This post has received gratitude of 0.81 % from @appreciator thanks to: @amitraj.