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Topic: Binance after Coinmarketcap - page 3. (Read 497 times)

hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
March 31, 2020, 12:32:01 PM
#29
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.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
March 31, 2020, 12:13:11 PM
#28
Binance will definitely solve many issues affecting CMC and how annoying the old CMC team are, strictly unfair results from CMC kills off it's reputation in crypto space, fake projects have to go and this is a step forward, bad exchanges with no volume must go too
Is Binance able to take over CMC? whereas CMC has its own team and developer?
Of course if you think about the CEO of CZ, it will be better than before because they always prioritize advanced coins and will accept shitcoin or fake exchanges with the volume of the bot.
Binance now has its own authority, namely Binance exchange and will continue to improve their quality so that they are no longer competitive.
sr. member
Activity: 616
Merit: 250
March 31, 2020, 11:57:24 AM
#27
I saw the news too but really do not have much to say but to wait for the final result because with what I read it's still under negotiation but fact is we can't predict how good it will look or bad it will look as coinmarketcap were doing good too. You can predict good when it's happening. How I wish coinmarketcap will continue operating it since it has been them.
sr. member
Activity: 565
Merit: 270
Remember who u are, what u are & who you represent
March 31, 2020, 11:42:25 AM
#26
This guy came up with ridiculous idea after Binance got hacked in last year and then his IEO ponzi launchpad has already raised eyebrows.
Wrong accusation pal, binance was hacked and yes I got my coins back and so did everyone who lost funds due to the hack back then, since then I've trust binance exchange even more and what IEO Ponzi scheme you talking about? The most fair Exchange with IEO launch is binance among few other Exchanges
I was actually indirectly talking about CZ's consideration of rolling back of the Bitcoin Blockchain to reverse the hacked BTC's transactions confirmed by the network to return the funds to Binance's wallets from hackers wallets. It was a reckless idea, suicidal one and showed how much ruthless one powerful centralized organization can be in this sector.
hero member
Activity: 2128
Merit: 520
March 31, 2020, 11:18:03 AM
#25
Binance will definitely solve many issues affecting CMC and how annoying the old CMC team are, strictly unfair results from CMC kills off it's reputation in crypto space, fake projects have to go and this is a step forward, bad exchanges with no volume must go too
I like the ideas of sorting those fake projects and bring the honest reviews from each coins and exchange that previously listed from CMC, once binance
takeover and start to clean up we will be able to get good information from CMC again.
People who are investing before who's been dissatisfied from current action from CMC will be back and start to trust the data from CMC.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
March 31, 2020, 11:14:28 AM
#24
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

Saw the news today and I must say it is a huge one if it goes through and will surely make Binance the top as well as the best crypto exchange for years to come. This is also a clear proof that the team is out to dominate the world of crypto exchanges. But talking about the issues you highlighted which Binance will solve, I tend to be skeptical in this case; since the CMC will be under their control (if finally acquired) all might play out for their own good and lastly might end up not solving everything. Also, I think no exchange is without manipulation of different kinds just that some are too good with theirs.

But I think, there will be good improvements if they will really take over. There are so many dead coins listed in cmc. Maybe they can just put those in an archived section. Only the active ones should be there with updated figures and links.
member
Activity: 434
Merit: 19
March 31, 2020, 11:12:42 AM
#23
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
If they are really going to acquire CMC and does all of those things you mentioned then yeah it will be great but isn't it a time that we stop for a moment and start asking why are we actually trying to clap for Binance and CZ for stretching their centralized power. This guy came up with ridiculous idea after Binance got hacked in last year and then his IEO ponzi launchpad has already raised eyebrows.
Wrong accusation pal, binance was hacked and yes I got my coins back and so did everyone who lost funds due to the hack back then, since then I've trust binance exchange even more and what IEO Ponzi scheme you talking about? The most fair Exchange with IEO launch is binance among few other Exchanges
member
Activity: 434
Merit: 19
March 31, 2020, 11:10:23 AM
#22
Binance will definitely solve many issues affecting CMC and how annoying the old CMC team are, strictly unfair results from CMC kills off it's reputation in crypto space, fake projects have to go and this is a step forward, bad exchanges with no volume must go too
sr. member
Activity: 565
Merit: 270
Remember who u are, what u are & who you represent
March 31, 2020, 11:09:22 AM
#21
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
If they are really going to acquire CMC and does all of those things you mentioned then yeah it will be great but isn't it a time that we stop for a moment and start asking why are we actually trying to clap for Binance and CZ for stretching their centralized power. This guy came up with ridiculous idea after Binance got hacked in last year and then his IEO ponzi launchpad has already raised eyebrows.
member
Activity: 490
Merit: 10
March 31, 2020, 11:00:52 AM
#20
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
copper member
Activity: 966
Merit: 14
March 31, 2020, 10:58:25 AM
#19
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

Saw the news today and I must say it is a huge one if it goes through and will surely make Binance the top as well as the best crypto exchange for years to come. This is also a clear proof that the team is out to dominate the world of crypto exchanges. But talking about the issues you highlighted which Binance will solve, I tend to be skeptical in this case; since the CMC will be under their control (if finally acquired) all might play out for their own good and lastly might end up not solving everything. Also, I think no exchange is without manipulation of different kinds just that some are too good with theirs.
member
Activity: 560
Merit: 13
March 31, 2020, 10:46:24 AM
#18
Binance has grown quite large since launching in 2017, the exchange was considered largest in the world in terms of Cryptocurrency trading volume also they have obtained WazirX indian exchange too.

Guys binance will become more and more popular if this CMC deal goes well, and I believe they will surely made some changes in that where CMC did some mistakes...

sr. member
Activity: 1190
Merit: 255
March 31, 2020, 10:44:48 AM
#17

They didn't announce yet about CZ acquiring CMC but if they just did, changes to CMC like the ranking will probably change drastically and I'm seeing more Chinese exchanges will be listed. It feels like the Chinese exchanges are being denied on the list which I like to be trading because some tokens I have bought last year are just in the Chinese exchanges.
sr. member
Activity: 1932
Merit: 300
March 31, 2020, 10:36:39 AM
#16
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

That would be a funny analysis to make. Coinmarketcap has been criticized many times for it's lack of reflecting the actual picture or sometimes misguiding. Binance is an exchange that has a whole different level of manipulation. If binance took over coinmarketcap, there would be no any credibility left on the site. They open quick but they can't be trusted.
hero member
Activity: 3136
Merit: 579
March 31, 2020, 10:35:27 AM
#15
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

That's going to happen but there will be suspicion of manipulation because they are the one running the number one marketcap in the business they have the interest to protect and of course this is a new level of marketing for them so expect Binance banner always on top of Coinmarketca.
full member
Activity: 932
Merit: 100
arcs-chain.com
March 31, 2020, 10:27:22 AM
#14
I have never believed that the metrics that pages rank 100% accurate, Pages all take metrics from exchanges, and the accuracy of the metrics depends on the honesty of the exchanges. Moreover, there is no guarantee that exchanges will not spend money to buy rankings.
sr. member
Activity: 1232
Merit: 333
DAO MAKER
March 31, 2020, 10:17:16 AM
#13
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

CZ often posted in twiter about current fake volumes that different exchanges having on coinmarketcap. So i think it was his main goal and his main point why he is buying CMC.
hero member
Activity: 938
Merit: 501
March 31, 2020, 10:01:43 AM
#12
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 hope that when binance will be really acquired CMC as a part of binance ecosystem and there will be more reliable data that will be showed. I may think all of your points were true but I'm thinking about binance can do a small manipulation to its own. it must be more transparent BTW
It will certainly be more transparent because it is managed by Binance, the leading exchange in this market. I hope they can buy Coinmarketcap and make it better than it is now
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
March 31, 2020, 09:57:17 AM
#11
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 hope that when binance will be really acquired CMC as a part of binance ecosystem and there will be more reliable data that will be showed. I may think all of your points were true but I'm thinking about binance can do a small manipulation to its own. it must be more transparent BTW
full member
Activity: 1498
Merit: 129
March 31, 2020, 09:46:08 AM
#10
Are they planning to acquire CMC. I have not really heard anything about that. However, I think it will be a good one. We may all expect a perfect and more precise volume and probably some shitcoin that always getting listed on CMC can find other places to get listed, but I also think there are other sites like coingecko that are also trying but they are less recognized probably because the CMC is the first.
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