I’ve never heard of Weiss.
Weiss and his father performed independent financial analyses on banks for many years. They were conservative in their appraisals, and by that I mean that didn't count squishy items like "goodwill" for very much. They published their own "Weiss ratings" for thousands of banks. You could check on any single bank you were interested in, or subscribe to their service. They sold the business but I guess the son still speaks on behalf of the business. It was a legit business so this interests me.
Even the Weiss rating bullshit from today kind of demonstrates that either smart people do not understand bitcoin or they are purposefully engaging in misleading behavior...
How the fuck do they give Ethereum a B and bitcoin a C+ and Dogecoin a C... Makes little sense, except that they are making shit up, and in the end, the fact that some of us can see through the bullshit, we are going to continue to invest in bitcoin and we will profit from such ongoing better than others insight. In other words, some folks are going to get mislead by the bullshit that ended up coming out of the supposedly objective and professional Weiss rating system.
Calling this little piss ant ratings corporation smart people is beneath you JJG. Market makers and big money sent way more qualified(and discrete) individuals out to check out bitcoin long ago. Any claim by these people is suspect imo. I mean for crying out loud these are the same pond scum that caused the recession. While not exact its of the same tainted lineage.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisisThe fact of the matter that bitcoin is getting a grade at all..let alone a C+ is absolutely amazing as far as I am concerned. I mean..think about it..this is the coin associated with mtGox..SR...numerous hacks ect ect.
What do you know about this "piss ant ratings corporation"? Nothing, I would judge from your comments. Say what you want, but Weiss and his father were pretty much the only honest ratings company to pick apart bank financials for years and years. To top it off, you link to a wikipedia posting that has nothing to do with Weiss Ratings and instead focuses on the big-boy, for profit and ongoing business relationships, rating agencies, i.e., S&P, Fitch, Moody's.
If you want take shots at Weiss, quote from their analysis and point out why you think they are dead wrong. Weiss ratings did not 'cause the recession' and they are definitely not part of the "tainted lineage" of ratings agencies that you refer to.
B to Cardano and EOS is hilarious.
I agree with you about the what the fuck, regarding Cardano and EOS...
Maybe someone could post the actual report here or link to somewhere that we would be able to see it? I have not seen the actual report because it is behind a paywall.
More evidence..if they are so fair handed...why the desperate grab for a mailing list and the paywall...now...gtfo.
Uhm, because most ratings agencies charge some type of fee for their services or complete analysis. It is really not all that unusual to want to get paid in some form or fashion for research.
But whatever. Because you think they owe it to you at no cost, ipso facto, they must be crooks.