Steem receives top rating from Weiss Rating Agency by shortsegments

promo-steemit · @shortsegments · Dec 11 '18

$7.90

Steem receives top rating from Weiss Rating Agency

![C682D1CD-EADA-4237-8E5D-4B72B5C9CB71.jpeg](https://cdn.steemitimages.com/DQmSF8z7VKa9LkK2KFRemzTqHrUoqwhNkpA3VViwVowwFEV/C682D1CD-EADA-4237-8E5D-4B72B5C9CB71.jpeg)

An interesting article by Kevin Helms a student of Austrian Economics, appeared in News. Bitcoin concerning the Weiss Ratings of 93 cryptocurrencies. Steem was included in a group of 14 cryptocurrencies which were given the highest rating. The Weiss company was founded in 1971 is an independent rating company for investments such as stocks, ETFs, mutual funds, insurance companies, banks, credit unions, and cryptocurrencies. It rates investments according to this scale: “A = excellent; B = good; C = fair; D = weak; [and] E = very weak. I am happy to report that out of 93 cryptocurrencies ranked by Weiss only 14 received a Rank of “B” and Steem was one of those fourteen and received the highest ranking in the group a “B”.  I also noted that out of 93 cryptocurrencies none received an “A, A- or B+ rating, but 14 cryptocurrencies received the “B” rating and one of those fourteen was Steem!.
If you wish to read the entire article I have included it below:
May 31, 2018 | 
>Weiss Ratings Publishes Complete List of 93 Cryptocurrency Ratings
 
>US independent rating agency, Weiss Ratings, has published its complete list of 93 cryptocurrency ratings. The company has upgraded its BTC rating to B-. The list shows 14 coins with B ratings including ETH, IOTA, NEO, XRP, STEEM, TRX, and XLM. Fifty-four of the rated cryptocurrencies carry C ratings. On Tuesday, May 29, Weiss Ratings made public its complete list of 93 cryptocurrencies rated by the company. The American independent rating agency, founded in 1971, has been rating approximately 55,000 institutions and investments such as stocks, ETFs, mutual funds, insurance companies, banks, credit unions, and cryptocurrencies. Compiled on Friday, the list shows an overall rating of B- for BTC and C- for BCH. It can be obtained by signing up with an email address on the company’s website until June 4.

>No cryptocurrency on the list has received an A or a B+ rating. Overall, fourteen coins were rated B or B-. ADA, DCR, EOS were rated B, whereas BTC, ETH, BTS, IOTA, ONT, NEO, XRP, STEEM, TRX, XLM, and ZIL were rated B-.

>54 cryptocurrencies were rated either C, C+ or C-. They include BCH, DASH, DOGE, ETC, LSK, LTC, XMR, XEM, QTUM, SC, STRAT, UBQ, VEN, WAVES, and ZEC.

>The company started publishing crypto ratings on January 24 with the launch of “Weiss Cryptocurrency Ratings” that are “based on a groundbreaking model that analyzes thousands of data points on each coin’s technology, usage, and trading patterns,” the company described.

>At launch, Weiss Ratings gave BTC a C+, citing that “Bitcoin (rated C+) gets excellent scores for security and widespread adoption. But it is encountering major network bottlenecks, causing delays and high transactions costs. Despite intense ongoing efforts that are achieving some initial success, Bitcoin has no immediate mechanism for promptly upgrading its software code.”

https://news.bitcoin.com/weiss-ratings-complete-list-cryptocurrency-ratings/

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👍 therising, boomerang, upmyvote, nanzo-scoop, shortsegments, jerrybanfield, t-bot, tipu, emperorofnaps, crypto-n-custard, nanzo-snaps, mysearchisover, bringolo, fitat40, eforucom, marcocasario, mafeeva, mummyimperfect, art-s, ctime, ak2020, lalai, cifer, bukiland, stmpay, akarantain, sbi7, phatima, steemexpress, steemscan, emily-cook, eoe, evanescence, dunamu, groupstudy, geekble, bookeyclaudia, smallbites, avijit10, shortshots, lalalopoberlin, treeplanter

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@art-s · Dec 11 '18

lovely informations friend for crypto
thank you for sharing
resteemid

👍 tisko, lalai

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@emperorofnaps · Dec 11 '18

re-shortsegments-steem-receives-top-rating-from-weiss-rating-agency-20181211t132006914z

You got a 33.33% upvote from @emperorofnaps courtesy of @shortsegments!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

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@boomerang · Dec 11 '18

This post has received a 6.96 % upvote from @boomerang.

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@lalai · Dec 12 '18

$0.09

Excellent news!

👍 shortsegments, lalai

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@treeplanter · Dec 19 '18

Thanks for your donation

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![treeplantermessage_ok.png](https://steemitimages.com/DQmdeFhTevmcmLvubxMMDoYBoNSaz4ftt7PxktmLDmF2WGg/treeplantermessage_ok.png)
</center>

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