Our beloved currency and 27 others will be rated by China's Ministry in the upcoming days.
It was not specified how the rating criteria will be used and how projects will be ranked but its going to be listed soon on official site.
Original report - http://www.ccidnet.com/2018/0511/10385800.shtml
One of those is said to be STEEM, sadly Google Translator changes names of most coins.
I think Stimco is STEEM.
Current Market
Based on the rating we may see nice gains (or dumps) in those listed.
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Don't know what to make of this. What will they do with the rating? And what ministry will be doing the rating?
damn i wish i can read Chinese as good as i read and write English.
EDIT: Just done reading the source article.... Holy shit it was a fucking nightmare for me to understand it with my sub-par chinese literacy.. this is what i gathered
I can confirm that the term "斯蒂姆币" translates to STEEM. It literally Transliterate to "Szi-Tee-Mu Coin"
Hopefully Steemit.inc can find a way to correspond with them. Of course, i wont put too much hope for anything other than media hype from this...
Thanks for the translation/TLDR! It will be very interesting to see the results from this, and how it will affect the "chosen" blockchain(s).
indeed. I dont think it would directly affect the chosen blockchain in the short term other than probably some media hype. More than likely i think they will try to come up with their own blockchain. Maybe this research is to learn from these open source project and what makes them tick?
But if i am wrong and the whole nation of China decides to adopt a certain blockchain though......
Steem will be bigger than china one day
I really can wait, how many billion people
Everyone on the planet will be on steem
That would be nice many advantages
That would be pretty amazing! It has a huge potential, but we are still a long way from having more members than all of China.
公有链评估对象的认定标准：一是具有自己独立主链；二是公有链节点可自由创建；三是具有公开的区块浏览器，区块信息可查阅；四是代码开源；五是拥有项目主页，项目团队可联系。
You "think" Stimco is STEEM? Lol me too?
Nope I think!
This could be huge... (Rushing off now to buy the domain Stimco.com :)
I had to check if you actually bought it, but it seems like it has been operating since 1998! I guess you're 20 years too late to get it :P
Haha! Yep there's a real business there :P
hmm good
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Well, since STEEM is resistant to censorship, I dont expect a high rating from China government ;) (but China itself is awesome though) tipuvote! 1
China is bringing more positivity towards blockchain. We could see lambo in a voming years. The government are now getting on a trending technology of transparency
This could be huge in the sense the crypto business coming from China (at least that is coming through Hong Kong) can see an exponential rise or a bust. I say this because of the horde mentality of the region. Hoping for the best - as usual :-)
Yep, let's cross our fingers and hope this is good news for Steem!
Legit update; i can't love this any less...... Thanks for sharing
I don't like China
why you don't like this is a hardworking nation
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are not they more concerned about the economy but forget the organizational structure of cooperation
cool story bro..
/s
I have no idea what any of this means lol
I just laugh.
Stimco? is it reliable?
Will steem moon or will investor sell for profit?
see my post up today...and my correct calls..BTC going much higher but not yet...we MUST base along 8000 and maybe retest the lows in April. I said april 13th buy, 6950, sell 9750 recently...if long, stay put. thanks
Entonces lo más sabio es seguir apoyando para crecer en esta plataforma.
Gracias por la información.
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It is a good news since if many would use steem in China that is a major force to push the prices higher.
@kingscrown , good luck hold master, China a great country
correct....I am a prof. analyst..the metals/equities and crypto....see my calls..BUY mid April, sell 9750.. and stay out until low 8,000..(BTC) I focus on the chart and mores so on sentiment. have a look..thanks..
It will be exciting to see how this all plays out. Steem is a great blockchain, so let's hope it get a good score. I wonder if this will potentially attract any investors at all, but we can hope so! Thanks for letting us know, @kingscrown.
Well, let's see how this works out. CH is interesting though, bc once they get the hang in there, development of blockchain tech will skyrocket.
Thx for the translation :)
Thanks for letting me know and I just published an update story -
Steem Blockchain Is Rated as the 2nd Most Competitive Public Blockchain by the Chinese Ministry!!