Weiss cryptocurrency rating cyberattack?

Weiss Ratings one of the oldest and most trusted rating agency in the world published their ratings in cryptocurrencies.

From those who doesnt know Weiss:
Weiss Ratings, which began in 1971, is the nation’s leading independent rating agency of financial institutions. Today, Weiss Ratings assigns letter grades to about 55,000 institutions and investments, including nearly all of the nation’s insurance companies, banks, credit unions, stocks, ETFs and mutual funds.

Unlike Moody’s, Standard & Poor’s, Fitch, and A.M. Best, Weiss Ratings never accepts compensation of any kind from the companies or entities it rates. Its revenues are derived strictly from individual investors, consumers and other end users of its ratings.
Read more: https://weisscryptocurrencyratings.com/ratings/the-weiss-cryptocurrency-ratings-explained-15

Screenshots I got from the web:

heres a bigger one from a korean site:

After posting the ratings they received tons of cyber attacks and criticisms from the crypto community, especially from disappointed Bitcoin and Ripple fans. Well if you are a blockchain expert (im not an expert yet) you would arrive on the same conclusions as well the top coins when it comes to tech advancement and developments are EOS, Ethereum, NEO and ADA, other coins are merely product or replicas of either Bitcoin or Ethereum, roughly 80% of all the tokens are based on the Ethereum platform.

Im really happy with what Weiss had published I totally agree 100% with the ratings but some people are still mad about it prompted Weiss to re-review their metrics, at the end of the day the coins that has the best tech and best development team will give the most upside potential.

The goal of Weiss here is to help investors reduce risk and find the coins with the most upside potential. That means not only consider fundamentals like adoption and history, but also investor risk-and- reward metrics based on price action. We all know that there are indeed scam and hype coins/tokens out there, lets not deny it!

Let me be a little bias here,

Dan Larimer projects received good ratings:
EOS B
Steemit B-
Bitshares C+

EOS is at par with Ethereum with the only B rating! better than Bitcoins C+ and Ripples C.

In an interview with Marketplace, Martin Weiss, the president of Weiss Ratings, said his firm had used “thousands of data points” and four factors to determine the ratings. The first two are risk and reward indices, which are based on price risk and profit potential.

Then, there is the technology index, presumably an assessment of a coin's underlying blockchain and its future potential. Finally, the firm also uses a “reality test” of the technology’s applications in the real world “to make sure that people are actually using it and it really works,” said Weiss.

Read more: Bitcoin Price Rises as First Cryptocurrency Ratings Are Released | Investopedia https://www.investopedia.com/news/bitcoin-price-inches-upwards-first-cryptocurrency-ratings-released/#ixzz55ACeLbvO

See you in the moon guys!

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Mark S.

Stock Trader and Crypto Trader