Davincij15 (Predictor of the Bitcoin Revolution in 2011) presents a new cryptocurrency classification system

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Davincij15, an investor and trader with experience in the cryptocurrency and metals market, published yesterday a document that provides guidelines for the creation of a cryptocurrency evaluation system to be used in fundamental analysis.

This entrepreneur became popular in the crypto-versa after the viralization of a video published by him in 2011, talking about the characteristics of Bitcoin, its advantages as a means of storing value and electronic money and the accelerated growth of this technology (practically unknown to moment) would live in the next few years.

It is important to note that at the time davincij15 published the video, Bitcoin was worth $ 9.57. In 2011 BTC started with a value of 0.3 $, ending with a price of $ 3.06 with a peak of $ 15.4 reached in July.

The document has three sections: the first part establishes a general classification of the criptos in groups of 4 levels. The second part explains a system to assign a score to each cryptocurrency, adding or subtracting points based on their characteristics. The third part provides suggestions for the success of the encryption.

The Tiers system defines specific characteristics that allow the analyst to determine the probabilities that a crypt will succeed in the future. Here is the explanation for each level:

1st Tier Coins of The Cryptocurrency Ranking System

The cryptocurrency must be in the top 25 in the market capitalization excluding stable currencies. Cryptocurrency should not be centralized in the sense that there are no limits to the number of nodes that may exist on the network or the number of nodes increases in some way over time and / or depending on usage. Furthermore, it must have a solid marketing and promotion behind it.

In this group has placed crypto currencies such as Bitcoin, Ethereum, DASH, Litecoin, among others

2nd level of coins of the Crypto Rank system

These cryptocurrencies are growing and have a strong community and support for developers, but they are lacking in other areas. The project is interesting and quite different from bitcoin to be alone. These coins must be listed on 5 or more exchanges and portfolios of functioning end users.

According to their analysis, "Most second-tier coins are copies of bitcoins" However, other cryptographic currencies such as EOS could fall into this category.

Level 3 grade coins

These cryptocurrencies may have a developer community even if they are not currently doing anything and have a minimal or no roadmap. Alts that fall below $ 10 million in market capitalization, but are listed on at least 3 exchanges.

Davincij15 entered Dogecoin in this category.

4th Tier Coins of The Cryptocurrency Ranking System

They are dead or broken chains or coins that die without any development team working there, little support to the community and no significant change to the code base for a year. Furthermore, if the cryptocurrency project has a market capitalization value of less than $ 1 million. The odds of a spin are reduced to zero. However, if the currency is traded on more than one exchange pump and the dumpers will attempt to execute this currency value and at that moment, the profit can be made

As an example of a fourth-tier coin, he pointed to MaxCoin

The document is not yet finished and Davincij15 has underlined that he will undergo several changes along the way. He invited the community to analyze the text and send suggestions to improve this system every day, for the benefit of the whole community.

  • Document available here:
  • The complete video with a detailed explanation of the document is available in the link below:

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