I couldn't spend time here on Steemit lately, and there are some articles which I know that I had to read, from what I have seen in my news-feed and postponed reading them. Today I have borrowed some time and I used it to read some of the articles that were on my list :D
I know Weiss Ratings gave a lot of help to Steem when they ranked it somewhere in the top cryptocurrencies, but I am still concerned about their effect over the market.
Weiss Ratings have such a big effect over the market like when they rate a crypto to be one of the best, the price of that crypto pumps. The same thing happens for bad reviews over other cryptocurrencies which may lose value when they receive a bad rate. This is a dangerous game to play for crypto market which is very volatile these days, and if somebody succeeds to corrupt Weiss Ratings, then the prices of crypto can be manipulated easily to favor somebody's profit.
I hope that won't be the case and that everything will go well with them, even though I keep myself cautious because we are still at the beginning of the cryptocurrencies era so they are still volatile, not regulated and bad guys continue to play with it (like BitConnect did:)