BITCOIN VS STEEM: SHOULD WE BELIEVE THE WEISS RATING?

in minnowsupport •  7 years ago  (edited)

Whatever height bitcoin has and will ever attain, steem possesses the potentials of doing same. IT IS THE DREAM WE ALL AS STEEMIANS WOULD LOVE TO SEE COME TRUE.

On Wednesday, January 24, 2018, Weiss, an independent rating agency of financial institutions released the first ever grades on cryptocurrencies by grading 74 coins.

As stated on their website: weissrating.com

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. It is a passing grade, and for investors, implies the equivalent of “hold.” Grades of D” and E” are the equivalent of “sell.” However, investment decisions should not be made solely based on ratings.

IMG_20180124_162605_390.JPG

The catch thing about this rating and which is why i'm making this post is the rating of bitcoin and steem.

*Bitcoin at 10,962USD was rated C+ for security and widespread adoption.

IMG_20180124_161106_763.JPG

While steem at 4.23USD was rated B- for a relatively good balance of moderate strength in nearly all key factors considered along with a social network.

IMG_20180124_162750_284.JPG

So my questions are these, and i will gladly need your opinion:

  1. Does Weiss rating tell the future of steem?
  2. Should we believe the Weiss rating?
  3. How long do we see bitcoin staying above steem?

Leave your comments below and happy steeming.

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The bitcoin blockchain is reaching its limits