China ranks cryptos and what does a bull run look like by furious-one

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money · @furious-one ·
$19.01
China ranks cryptos and what does a bull run look like
![cup-1613315_960_720.jpg](https://cdn.steemitimages.com/DQmb2YRbWSZfJ9qoSk2dvMKaftWVHbjdwDWucKPun4D1W6V/cup-1613315_960_720.jpg)

A department under Chinaโ€™s Ministry of Industry and Information Technology - CCID (Center for Information Industry Development - ugh, what crazy names), has ranked 31 cryptocurrencies according to their uses. Well, the actual ranking is based on technology, application and innovation. Personally, usecases/application for me should be the most important - if you dont use it, lose it!

But lets see what they concluded.

So, the CCID ranked 31 cryptos, with the latest ones being EOS, Nebulas and Gxchain. I personally avoid reading about every other coin out there, as most of them are utter crap and will never go mainstream, hence some of the names are unfamiliar to me, I might miss even some coins with good usecases.

![list.JPG](https://cdn.steemitimages.com/DQmWkTuP9BfH7QU8neMbMZrPzRxo4nPkcBZqaVo7KnRy15v/list.JPG)
*<sub>[bitcoin.com](https://news.bitcoin.com/china-ranking-crypto/)</sub>*

So, according to the list, EOS is sitting on the throne, as an undisputed champion. Ok, ok, ok, but where are actual important use cases of EOS? So far, i'm playing only Wizards, clicking EOSbuttons and speculating with RAM. I have to agree, EOS seems very innovative and one of the most exciting projects, but where are the life changing uses? Gimme.

Steem, our favourite blogging platform, sits confortably on the 7th place. A respectable 7th, considerign there's thousands of shitcoins out there. Stellar, Bitshares, Ripple - all the VIP coins made it to the list. 

Bitcoin, alas, is chilling on the 16th place. Not a bad place either, but as you can see, there is no real reason for Bitcoin dominance, other that it's the Canon of coins, the original.


![mickey-1185754_960_720.jpg](https://cdn.steemitimages.com/DQmWvDdR7eod72obfMi86mp5S2tNdGXqrvS2hZMcVkHPMfq/mickey-1185754_960_720.jpg)
*<sub>img credz: pixabay.com</sub>*

Takea look at the article yourself, if you want to learn a bit more about ranking and follow up on the story, via [bitcoin.com](https://news.bitcoin.com/china-ranking-crypto/)


---------------------

Are you prepared for Bitcoin bullrun? This is what it will look like, illustrates [CypherSpook](https://twitter.com/CypherSpook/status/1015301267243991041)

![50k.JPG](https://cdn.steemitimages.com/DQmX4PbjE1u1QCc9pDyQc5G8K5eg15zbS2AU3SeXuAAeBvj/50k.JPG)

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*<sub>Title image from pixabay</sub>*

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๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 40 others
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vote details (104)
@spacexx · 
wow thanks for sharing this informative story
๐Ÿ‘  
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vote details (1)
@cngrobler ·
$0.04
Interesting views of the Chinese Governement - BCC is one of my favourite coins due to it's great volatilty

Good post @furious-one
๐Ÿ‘  
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@ykdesign · (edited)
wonderful article great research great explanation.๏ปฟ
china would never look at it the same way as the west.
very informative  ... keep up !!
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@anishag · 
@furious-one
Nice information.
Views of Chinese government is important
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@el-nailul · 
I think it is good sign of economic development @furious-one
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