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RE: Weiss Ratings Agency issues ratings on cryptocurrencies and Steem lands in top 5!
Great news! I don't think its a coincidence that Steem has a nice rise today while the news is disseminating.
Great news! I don't think its a coincidence that Steem has a nice rise today while the news is disseminating.
I don't think so either. :)
Hopefully agencies like Weiss begin rating exchanges as well- it would be meaningful to see reputable organizations rate exchanges. It might even drive up the value of coins too.
Interesting thought @otage. I think the level of transparency that Steem shows the public is a huge asset here. Many of these ratings agencies also are bound by the size the security/investment they are grading. You could be the most sound fiscally, financially for over a hundred years, but if your asset base is not high enough your rating cannot exceed a certain grade. That news surely didn't hurt! Cheers @cryptkeeper17
Now that you mention it, that could be the reason. I thought the jump came from an article on ZeroHedge, but it looks like I was wrong. Given the circumstance, I'm glad to be wrong. :)
Steem is in Top 48 coins!
https://steemit.com/cryptocurrencies/@salahuddin2004/top-48-cryptocurrencies-pending-price-target-and-their-due-dates-when-they-will-hit-targets-28-01-2018