In my opinion these kind of ratings should have no influence on the crypto market, they shouldn't even exist. It's hard to believe that those people know what they are doing, or doing it not in favor for banks etc.
RE: Graphene: Weiss Ratings (Jan, 2018)
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Graphene: Weiss Ratings (Jan, 2018)
Would you trust more the scamcoinmarketcap where manipulative sh!ts like riple and other shitcoins reside at top positions?
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Well I don't see where the problem there is? Coinmarketcap makes a ranking which is based on their marketcap, they don't claim to be a rating site or anything? In investments (and not just in crypto) one of the most important things is to make your own research about projects, not to let others rate them, especially not if they come from sources which are most probably not going to make a fair rating.
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Which is imperfect and can be gamed by entities like riple or shitcoins that have the majority of their suply controled by two or three individuals.
They don't have to claim anything, most people will take a glance and will form their opinion based on that inaccurate(coinmarketcap) list.
This rating is a tool that can save you a lot of time in your research and was much needed, I'm not saying it's 100% accurate but it is the best tool we have so far. A tool to end hyped shitcoins and give us some baseline to start our research from, we are in a better position with it than without it.
I would have my reservations if there were some unrealistic ratings in that list but this is not the case, all rating are prety fair imo.
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Yeah, not gonna lie. I don't know who Weiss is but i could give a shit less how his agency wants to rate the coins.
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Yep, but that's unfortunately the case of maybe a lot of investors here, but not outsiders and potential investors. Some are probably just looking into such ratings :/ Look how all this ICO rating sites get popularity between investors but still some are getting paid to make a good rating.
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