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Topic: Binance after Coinmarketcap - page 2. (Read 497 times)

sr. member
Activity: 1428
Merit: 251
April 01, 2020, 01:33:08 AM
#49
It's possible that if Binance buys a coin market, there won't be much change because most cryptocurrency investors are familiar with the look of the website that exists today. Until now, there is no clarity about why Binance bought the website but I think this is a strategic part of Binance's step
member
Activity: 756
Merit: 12
April 01, 2020, 01:06:27 AM
#48
If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

I think there will be a slight change in the appearance and presentation of the data on coinmarketcap if Binance buys it. CZ is one of the revolutionaries in developing the cryptocurrency community and maybe this is a sign that the cryptocurrency market is ready to rise again
full member
Activity: 1526
Merit: 111
Pepemo.vip
March 31, 2020, 11:57:19 PM
#47
Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.
I was confused when some exchanges with unclear volumes could be registered at CMC. of course, it makes a question as to the quality of CMC itself where the brand will publish any exchanges that can pay them even if they are new or even a scam. I hope what you say is the truth.
it's hard for that, so we can see in Coinmarketcap there are thousands of registered altcoins. for now I think for projects that are willing to pay, it will be listed, but we can see that not many altcoins have good progress, and eventually disappear by themselves

hero member
Activity: 2576
Merit: 579
March 31, 2020, 11:21:00 PM
#46
Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.
Yes, it would be very good if there is accurate data for it, but it will not be easy to detect false data from some of the exchanges that you mentioned, even though the reputations of the trusts of the three exchanges are completely lost in everyone's eyes, because they always cheat on a large scale.
full member
Activity: 896
Merit: 100
March 31, 2020, 10:10:41 PM
#45
Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.
I was confused when some exchanges with unclear volumes could be registered at CMC. of course, it makes a question as to the quality of CMC itself where the brand will publish any exchanges that can pay them even if they are new or even a scam. I hope what you say is the truth.
sr. member
Activity: 1162
Merit: 260
March 31, 2020, 10:01:38 PM
#44
Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.
If that was true and that must be the end for those crap exchange sites which always manipulated their volumes. We are not yet seeing any update from this rumour whether this acquisition is real or not.
I hope that we will see that in the coming days. Binance must create a clarification about this.
full member
Activity: 1099
Merit: 116
March 31, 2020, 09:58:48 PM
#43
Binance is gradually doing dominance on cryptocurrency world. They are doing many contributions that is really appreciable. If Binance team take over coinmarketcap, it will be good for the good project. From CMC it is needed to remove many shitcoins, dead coins, fake volumes for the development of cryptocurrency.
member
Activity: 686
Merit: 15
March 31, 2020, 07:28:26 PM
#42
Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.
member
Activity: 1764
Merit: 10
March 31, 2020, 02:35:48 PM
#41
I completely agree with you, if binance will buy coinmarketcap I hope scam exchanges and scam tokens will be removed from coinmarketcap and I hope cmc will not add anymore scam companies with scam tokens, I also hope that checking for any exchange or token will be very tough, we are already tired of looking at exchanges and tokens with billions of dollars volume, but in fact, volumes of such exchanges and tokens are a couple of dollars.
jr. member
Activity: 37
Merit: 6
March 31, 2020, 02:17:19 PM
#40
I think it is a very nice deal, Binance management always works well so we really expect that there will be development additions on Coinmakretcap.com - as you mentioned - which makes the website more flexible and provides more accurate prices for only the reliable projects
On the other side epy value of the deal is a bit large about $ 400 million .
hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
March 31, 2020, 02:08:24 PM
#39
Is there a link to know how much Binance bought coinmarketcap? The developers of it sure made a hefty amount of money. What I have seen so far is that many think that it will become more centralized and manipulated because it's Binance that will manage it.
It's from what I have read and not my personal opinion but as for my opinion, I don't have so far because I have to wait for further details before giving my thought regarding this.

I don't think Binance will manipulate it! Because Binance exchange is the most trusted exchange, their volume, supporters, I don't see anything fake. Rather Coinmarketcap itself faked a lot of things, no real liquidity, manipulated price, manipulated exchange rankings! However, you may read the news from here, https://news.bitcoin.com/binance-acquire-coinmarketcap-com-400m-cash-stock-deal/
I know Binance is well managed and has a reputation but who knows if they want to play with the data that's being shown on CMC. I can still remember that there's a time that CMC themselves manipulated the market for a moment. The price that was shown by their tracker wasn't the correct one which made a significant impact on the market and made a lot of people in panic. Thank you for providing the link and just looking at the website, I've seen the #0 named as Toilet Paper Token. Is this a joke from them because it's going April 1?
sr. member
Activity: 1988
Merit: 453
March 31, 2020, 01:37:41 PM
#38
I don't know whether Binance will manipulate the data or not. But one thing is sure. From now onward, Coinmarketcap can't claim that they are an independent and unbiased organization. They may not be having any bad intentions. But what is the aim of Binance? What do they plan to achieve from this purchase, after spending such a huge amount of money to acquire CMC?
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
March 31, 2020, 01:25:54 PM
#37
If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

I think if binance take over Coinmarketcap, it will be difficult for competitors to manipulate dat . We know how sh**t exchanges go to the top CMC rank by sending fake data to CMC. It used to confuse everyone. The binance team is very professional. If true binance is take over cmc then it might be good for everyone.
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
March 31, 2020, 01:10:58 PM
#36
Is there a link to know how much Binance bought coinmarketcap? The developers of it sure made a hefty amount of money. What I have seen so far is that many think that it will become more centralized and manipulated because it's Binance that will manage it.
It's from what I have read and not my personal opinion but as for my opinion, I don't have so far because I have to wait for further details before giving my thought regarding this.

I don't think Binance will manipulate it! Because Binance exchange is the most trusted exchange, their volume, supporters, I don't see anything fake. Rather Coinmarketcap itself faked a lot of things, no real liquidity, manipulated price, manipulated exchange rankings! However, you may read the news from here, https://news.bitcoin.com/binance-acquire-coinmarketcap-com-400m-cash-stock-deal/
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
March 31, 2020, 01:08:29 PM
#35
If binance CEO and team take over CMC

i'm lost, when binance say he intends to buy the coinmarketcap website? I confess that there are some days that I don't follow the news so I'm lost

then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance



1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

if binance buy the coinmarketcap site, i believe that some things would change, but they would hardly create barriers so that the new altcoins would not be listed. I think that in this question of listing altcoins they would keep it as it is today
member
Activity: 1540
Merit: 68
March 31, 2020, 01:06:38 PM
#34
If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

It is good tidings that binance is setting the pace in the crypto currency
and taking over coinmarketcap will definitely be a big acquisition, if we consider the competence of binance and cz.

But i have a question that bothers me and i would like to know if i can get an answer, with binance at the center of crypto currency trade, and now wanting to get coinmarketcap. Is binance trying to centralized the decentralized space by acquiring all ?

Just a thought that pops, i will like suggestions
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
March 31, 2020, 12:56:24 PM
#33
People are saying Binance CEO is taking over the crypto on his hands, but I don't think so! Rather CMC will be a trusted source of tracking coins once again. Right now I use Coingecko because I don't like Coinmarketcap's all the rankings, no real liquidity there! So, Binance will change it to positive! I agree with you that there is no better team than Binance!
legendary
Activity: 2464
Merit: 2094
March 31, 2020, 12:47:05 PM
#32
I just dont want to speculate about the future of CMC that I hear wants to be taken over by Binance. But I really want to know what are the main reasons for CMC to sell the site to Binance?

CEO Binance has the capacity to buy CMC sites and make them more trustworthy by cryptocurrency enthusiasts, both investors and traders. I just hope that all cryptocurrency fans can enjoy something positive for the steps taken by Binance. So I am waiting for his decision.
member
Activity: 686
Merit: 35
March 31, 2020, 12:45:33 PM
#31
No more shit coins will be listed on CMC if binance team take over, the requirement of listing on CMC will be different and I guess this will benefit BNB token somehow again, CZ will clean crypto space and get rid of useless tokens and coins

That is another important point to note, cz is all about potential and prospects, unlike the owners of cmc who will list a coin without meeting the listing requirements, sometimes I do wonder how such coin already got listed while other good project are there finding it difficult to get listed,
There where too many shady stuff going around cmc that it requires a change of ownership, as much as some people don't like the idea, I think this will be best for this company, cz knows how to turn things around.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 31, 2020, 12:36:57 PM
#30
Coinmarket cap is not asking any money for their service from the users so we cannot trust them blindly whereas binance is an exchange and they should be taken care of what they are listing on their exchange.Its a good move by the way since when these things begun?
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