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In a stunning turn of message, international rating agency Weiss Ratings, is now recommending this as the best time to buy Bitcoin through a series of tweets on December 11th, calling it cryptocurrencyâs âleast speculative investment.â
Weiss Ratings has always had a mixed opinion on Bitcoin, sometimes very negative, has now said Bitcoin is âhere to stay.â
â(Bitcoin) is getting to such low levels that itâs becoming one of the best buy opportunities of the year.â
Earlier this year, Weissâ Cryptocurrency Ratings gave it an average and disappointing âC+â rating. Their latest recommendations contrasts with their previous speculations on its futures significantly, only just publishing November 29th why this crash was different and may not see a recovery.
Despite annalists boldly warning Bitcoin would lose half its market share to Ether by 2023 in September of this year, one joined by various other altcoin assets since, the architect of Weissâ Crypto Ratings and price prediction model firmly states a belief that Bitcoin would ârise from the deadâ in 2019.
In a video interview last week, Juan Villaverde said, âWeâve seen a lot of progress on the adoption side through 2018, and that pretty much guarantees that we will see a bull market again and Bitcoin will make new all-time highs again.â
In an interview with Bloomberg last week, Bitcoin.com CEO Roger Ver claimed he wished âall cryptocurrenciesâ well âif theyâre trying to bring more economic freedom to the world by making (themselves) useful as currencies for the world.â
Weiss has stated that although they do not âagree with where BCH is going,â they believe Verâs âheart is in the right place,â by propagating the use of cryptocurrency as currency.
âIn spite of the controversies around him, heâs doing a lot to facilitate (cryptocurrency) adoption as money, not just a store of value,â Weiss Agencyâs Tuesday tweet reads.
While we donât agree with where #BCH is going, Roger Verâs heart is in the right place. In spite of the controversies around him, heâs doing a lot to facilitate #cryptocurrency adoption as money, not just a store of value. #Respect https://t.co/7vTQ8itIpJ
â Weiss Ratings (@WeissRatings) December 12, 2018
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