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Topic: Coinmarketcap - Manipulation? (Read 1909 times)

full member
Activity: 529
Merit: 101
October 08, 2018, 07:55:50 PM
#59
It can be for manipulations or by default. Basically coinmarketcap Updates coin's price in delay but if someone put a buy order with a high price in any exchanges then coinmarketcap will show higher price too. It is very easy to manipulate coinmarketcap. About 3 days ago, Ubex added on Fatbtc exchanges, One UBEX price was 0.037 USD in other exchanges but in fatbtc Price went to 0.78 USD because of someone's buy order at 0.78! So, all the time you can't say it is for manipulation or by default.
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
October 08, 2018, 07:18:49 PM
#58
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?

according to my experience how this really happens is because most likely coinmarketcap only takes the price depending on the last order history. and besides that there are also those who take the value from the sell order
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
October 08, 2018, 07:10:12 PM
#57
I think no bugs in here. Coinmarketcap collects informations from all the exchanges. So your price number which you see on coinmarketcap is average of all exchanges. Stay calm and be ready.
it's probably the right way to respond to an issue, don't panic and always be careful with false information.
I still believe cmc provides the right and reliable information.
so far I use it.
jr. member
Activity: 73
Merit: 1
October 08, 2018, 05:30:08 PM
#56
Probably not. It's the same-aggregator of different exchanges, and this site displays different prices on the pages of specific currencies depending on the exchanges where they are traded. Coinmarketcap should be looked at to understand the big picture.
newbie
Activity: 196
Merit: 0
September 14, 2018, 08:58:11 PM
#55
I think no bugs in here. Coinmarketcap collects informations from all the exchanges. So your price number which you see on coinmarketcap is average of all exchanges. Stay calm and be ready.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
September 14, 2018, 06:23:40 PM
#54
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
I think its not a manipulation because sometimes the coinmarket is not updated that's why if you look to exchange they have different price. I think much better to follow what's on the market because they updated it soon. Because when coin is got listed in a different exchanges they have different price too so much better to look in coinmarket.
jr. member
Activity: 347
Merit: 1
Fun of WINBIX sales system winbix.io
September 14, 2018, 06:01:27 PM
#53
Exchanges differ from coinmarketcap and thats just the big difference
hero member
Activity: 994
Merit: 515
Get'em boys
September 14, 2018, 05:47:36 PM
#52
I don't think. I believe that this is just a duck, which was launched in order to spoil the reputation of this resource.
I agree with you on this. In my opinion, I don't think this has been a market manipulation because there would be too many factors to consider and would be difficultly achieved by a member.
jr. member
Activity: 114
Merit: 1
September 14, 2018, 05:24:30 PM
#51
I don't think. I believe that this is just a duck, which was launched in order to spoil the reputation of this resource.
full member
Activity: 742
Merit: 144
September 07, 2018, 09:17:11 PM
#50
It's not a manipulation possibly a bug on exchange sometimes if the exchange is on maintenance and CMC will get the buying for that time.
Yep and sometimes its just a delay on the side of coinmarketcap. Also coinmarket cap is just a place where you can see the value of coins and it will not affect much the price since you will still focus on the actual price of your coin in an exchange, so technically there is no manipulation on this.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
September 07, 2018, 08:38:14 PM
#49
I think coinmarketcap updates slowly. And it collects some infomations of many exchanges. Sometimes i don't care about the price of altcoins. I only care about the vision of project because i'm investor.
Yes sometimes it can be updated slowly on which we could not be affected because we should believe on the coins project not on its price on which can help it to pump its price in the future and can help to encourage many people to invest and hold it for a long-term.
newbie
Activity: 196
Merit: 0
September 07, 2018, 08:28:54 PM
#48
I think coinmarketcap updates slowly. And it collects some infomations of many exchanges. Sometimes i don't care about the price of altcoins. I only care about the vision of project because i'm investor.
full member
Activity: 316
Merit: 100
September 07, 2018, 08:05:24 PM
#47
my opinion of how CMC work:
for XXX coin that trade on several exchanges
exchange1-@ trading price is 50sat
exchange2-@ trading price is 51sat
exchange3-@ trading price is 60sat
exchange4-@ trading price is 55sat
for this XXX coin CMC will show you the average price (50+51+60+55)/4=54sat

newbie
Activity: 137
Merit: 0
September 07, 2018, 07:54:26 PM
#46
It wouldn't matter if coinmarketcap.com is manipulated, for me I think it is more like
a bug because there's no use manipulating coinmarketcap.com, coinmarketcap.com is
an overview of the cryptocurrency market and not an exchange platform.
newbie
Activity: 102
Merit: 0
September 07, 2018, 07:52:17 PM
#45
Judging by many discussions in the network and the real facts, the errors (or special actions) of the Coinmarketcap team led to panic in the market more than once. Manipulation is, but it is difficult to say whether it is intentional or not.
full member
Activity: 2478
Merit: 215
★Bitvest.io★ Play Plinko or Invest!
September 07, 2018, 07:25:44 PM
#44
Yes manipulation does effect the price and that's why prices are varying among different exchanges but I haven't seen  this much big difference in prices among exchanges as you are stating i.e 2$ and 6$. It would probably a bug if there is 3x difference in price.
Can you elaborate that about which coin are you talking about? and what was the exact values you have noticed?


That's correct mate it's big difference gap value, did you think that's is true or its only self analysis from the op of this topic, since i start to monitor the price value of altcoins in the market between exchange i can't encounter this scenario.
full member
Activity: 392
Merit: 100
platform for everyday business
September 07, 2018, 07:04:32 PM
#43
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?

Will in thats situation I thinks thats there is different between the coin market caps and the exchanges trading site's interms of preference of price and value,because in coin market the true rate value is there but the exchanges site's needs more profit especialy those who works more processing fee instead the markets price its $ 6 they turn its into $ 2 in order to gain more profit,therefore the reason is bussiness.
hero member
Activity: 1358
Merit: 513
September 07, 2018, 06:16:49 PM
#42
Nah, I also don't think this was a price/market manipulation. In fact it was all to do with one bad news and that's what stroke down the healthy recovery of the BTC market we enjoyed for about 2 weeks. Though, its crazy how volatile the market is.
sr. member
Activity: 952
Merit: 250
September 07, 2018, 06:06:51 PM
#41
It's not a manipulation possibly a bug on exchange sometimes if the exchange is on maintenance and CMC will get the buying for that time.
newbie
Activity: 73
Merit: 0
September 07, 2018, 05:51:15 PM
#40
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?

Maybe delay? or manipulation of exchanges? all possible. but be careful as sometimes there's a maintenance on going so the law of supply and demand there is different but the trade is still in working.
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 07, 2018, 05:11:56 PM
#39
Question 1. Why would you rely on that service to tell you the price of your coin?

Question 2. Dont you know what exchange site your coin is trading at?

They all have telegram channels now so they could update you into where they would be listed. It is a good thing for them too so I bet they will be putting it in pinned messages.
jr. member
Activity: 112
Merit: 1
The Intelligent Retail Currency
September 07, 2018, 04:30:14 PM
#38
Doubt. Such actions require too long hands, and this service does not have such opportunities. So my answer is no.
sr. member
Activity: 714
Merit: 261
September 04, 2018, 02:19:34 AM
#37
CMC is using the average pricing method to show the prices. So in this one they will take the prices from all the exchangers where that particular coin is listed and thus they will show you very different price than the current market. Now, why the prices are different on the different exchangers ? Well the prices are completely dependent upon the 24 hour volume that is being traded on that particular exchangers and most of the time it only differs by few % change and more than 3% or something. Otherwise that would become unreal to trade same coin on single exchangers. But yeah this is the real reason as to why we see different prices everywhere with little difference in them.
jr. member
Activity: 112
Merit: 1
September 04, 2018, 02:06:15 AM
#36
Yes, as far as I know, on coinmarketcap sometimes there are price manipulations for the purpose of collapse or Pampa of a certain cryptocurrency.
newbie
Activity: 31
Merit: 0
August 08, 2018, 06:04:43 AM
#35
No. Coinmarketcap is just a monitoring that reflects the current situation on the exchanges. If there are manipulations with the price of a certain cryptocurrency, then these manipulations occur on the exchanges. You should always look at the daily trading volume of the cryptocurrency of interest. Sometimes the situation is that the cryptocurrency shows an increase of 100% per day, and the trading volume was only $2000. That is, it was dispersed by several speculators.
newbie
Activity: 70
Merit: 0
July 27, 2018, 09:48:38 AM
#34
Different exchanges, for example in Africa, bitcoin can now cost $ 10,000 and in Europe 7,000 . Therefore, it happens on the coinmarket, the cryptocurrency market is very interesting for arbitration .
sr. member
Activity: 588
Merit: 250
July 27, 2018, 07:48:43 AM
#33
Maybe I do not think in manipulation but because a little maintenance errors.
When Coinmarketcap connects the application to the Exchange website it may take a few seconds to connect.

If only the Exchange website is interrupted then the signal sent to the Coinmarketcap was hampered, so later will be seen the price is not the same.
full member
Activity: 280
Merit: 100
The Future Of Work
July 04, 2018, 06:45:39 AM
#32
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
I'm thinking that there are some time needed in order to update the information about coin price, probably you have spotted the time when it was not synchronised with the exchange price.
newbie
Activity: 9
Merit: 0
July 04, 2018, 02:18:28 AM
#31
Nope Wink

Coinmarketcap maybe need a few minutes or hours for update price coin or token
member
Activity: 294
Merit: 13
July 03, 2018, 11:30:17 PM
#30
It is a matter of updating real time data from all exchanges which is listing the coin, if I guess that the difference is in big gap perhaps exchange price was dump heavily and not yet updated on coinmarketcap. So you see exchange price is $2 while on coinmarketcap is still $6.
member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
July 03, 2018, 03:15:49 PM
#29
I guess that coinmarketcap cannot update the price of the market in every hour. There will be a time limit specifying the coinmarketcap required to update the price of the crypto market. I think is two hours updated once
member
Activity: 476
Merit: 10
July 03, 2018, 02:56:23 PM
#28

It can be a manipulation but not by CMC as everything is automated on their side. If a coin is listed only on 1-2 exchanges
 and there is no liquidity on the market  the price can  easily be manipulated  with unreal under/overpriced orders. For example
 Anybody can make  some artificial buy/sell orders and the CMC will show that price .Where  the interest is  to do it ? Usually we can see such manipulations at some shitcoins price when the team behind (usually the DEV) makes these orders to cheat investors that there is higher demand for the coin than it is for real.
Sometimes some traders does it also to confuse the market to go to his favour as there is no other price reference than CMC, but this is doable
only with small trading volume coins like $ 1k -2k.
newbie
Activity: 266
Merit: 0
July 02, 2018, 08:18:31 AM
#27
Coin market cap is only a directory of a coin.. But i do not agree that cmc is manipulated the price of all the coin.. Thats why they have a different kind of exchanger.
newbie
Activity: 116
Merit: 0
July 02, 2018, 08:07:52 AM
#26
CoinMarketCap does not have time to update its data in the case of sharp price movements on the exchange, which is probably why there is such a difference in price. What kind of coins do you see?
hero member
Activity: 2982
Merit: 790
June 11, 2018, 03:13:53 PM
#25
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
Not a manipulation thing which had been mentioned earlier that price do shows on average total on all exchangers on where a coin is being traded on. Sometimes pumps do affect this one where coinmarketcap doesnt able to update recently when you checked it out which you can presume or do tell why the price is like that but sure thing that it isnt a manipulation thing. Price would vary on each exchange.
member
Activity: 316
Merit: 10
June 11, 2018, 01:33:41 PM
#24
No it's not manipulated. Every hour CMC updated their site to Update all the coins. I think read more about CMC for you to know if it's manipulated or not Smiley
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
June 11, 2018, 01:03:12 PM
#23
There are hundreds of coins on coinmarketcap and the APIs don't always work. It takes a long time to get support when an error is noticed to when they have time to correct it. Also, you have to ignore pump and dump groups that cause price anomalies
member
Activity: 462
Merit: 10
June 11, 2018, 05:29:35 AM
#22
I never seen the big different price like that so far, i think that just little bit problem in their API. Sometimes the price of crypto in exchange and in the coinmarketcap little bit different, this is because low liquidity of price crypto and low in trading volume.
legendary
Activity: 2674
Merit: 1048
June 11, 2018, 05:17:25 AM
#21
Originally I did not know exactly, I do not want to be someone who has bad prejudices without any evidence.

But I have a reason, that each exchange will have a different volume. So sometimes exchange one with other exchange will have different price and market.

The possibility of coinmarketcap collecting data from all the exchange, so the sum of each volume will occur.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
June 11, 2018, 05:16:12 AM
#20
It's not coinmarketcap's manipulation. Coinmarketcap's API not too fast like Price up down. And sometimes, Exchanges have the same mistake. About three days ago, I traded in IDEX with an altcoin. Coinmarketcap showed me 0.12$ Per Coin, But I sold on IDEX at 0.45$ Per coin! Such a huge gap! So, It's not manipulation. Actually, Coinmarketcap adds price a little bit lately.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
June 11, 2018, 04:54:25 AM
#19
You mix it up. Coinmarket cap takes the highest of all the exchanges the coin is listed and present that price. What happened is that the exchange you checked has the price at $2 while another exchange the same coin is listed has the price at $6 yet another exchange may have it at $4  and another even at $3. There is no manipulation with coinmarket cap.
Why you think it is not manipulation? it maybe even manipulation because coinmarketcap is one of the most used site to check the prices of all crypto currencies so they can get paid to manipulate the prices and also recently there is an issues found that they are in the maniplation too so we need to compare other sites as well before going into an exchange.
full member
Activity: 476
Merit: 100
June 11, 2018, 04:35:04 AM
#18
You mix it up. Coinmarket cap takes the highest of all the exchanges the coin is listed and present that price. What happened is that the exchange you checked has the price at $2 while another exchange the same coin is listed has the price at $6 yet another exchange may have it at $4  and another even at $3. There is no manipulation with coinmarket cap.
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
June 11, 2018, 03:58:23 AM
#17
Whats the point of coinmarketcap manipulating the price there at all? Its not an actual exchange, it just shows the price in other exchanges.

To make some hype I guess? Because if they can manipulate the market cap they can deceive people to buy neither sell. And I won't be surprise if there will be some proof to support this because anything can be possible to those whales that just only knows how to make an easy money.
full member
Activity: 446
Merit: 100
The Protocol for the Audience Economy
June 11, 2018, 02:25:31 AM
#16
I don't think it's about manipulation. Just Coinmarketcap does not always have time to update the price. In my opinion, the price is manipulated only by the media.
sr. member
Activity: 504
Merit: 250
June 11, 2018, 01:41:54 AM
#15
I think it is not manipulation but someone who tries to push up the price by increasing the purchase price. so the end of history will be listed in coinmarketcap.
newbie
Activity: 183
Merit: 0
June 10, 2018, 10:33:33 PM
#14
in business it could have mengahalal kan all ways to get a profit. and including coinmarketcap.com in manipulation or paid by certain parties to be taken to his advantage.

but it could be because his coinmarket has not been sync to the website in the go, usually it takes about 24 hours to refresh the network. and that includes honesty in need in terms of business like this.
hero member
Activity: 896
Merit: 521
April 26, 2018, 02:36:37 PM
#13
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
This must be the case with small cap coins. Usually, the local exchanges or exchanges which have suspended withdrawal or deposit, tend to show higer prices. Coinmarketcap shows average price from all the exchanges and that's why the price sometimes seems high than actual price on international exchanges.

This was the reason for which coinmarketcap stopped showing prices from Korean exchanges where coins usually are sold on premium.
member
Activity: 392
Merit: 66
April 26, 2018, 02:28:30 PM
#12
With coins which are traded only on one exchange, typically Etherdelta, and with non existent volume, single individuals can manipulate the price by selling little sums for absurd prices.
This is what I see some times. If the coin is listed on several small exchanges with small daily volume, the price can be manipulated easily. You can pick just one of the exchanges for that. And coinmarketcap will include that into the price estimation. Very soon it will come back to the previous value.
sr. member
Activity: 770
Merit: 264
April 26, 2018, 02:30:43 AM
#11
I would be shocked that they have free time to manually manipulate stuff LOL!

I quit using them for other reasons... many times a coin I needed to track or investigate just wasn't listed there... also I didn't see any easy way to save a collection of coins that I need to see every day... last but not least I needed a way to hand draw on charts and graphs and add notes and stuff and then save and download or print those for study or reference. I ended up switching to CryptoCap World because it provided all those features that I just mentioned were missing at CMC.

If someone really has proof that CMC is manually manipulating coin info for nefarious reasons I would suggest you make a solid argument with some evidence and facts otherwise you are not going to be taken seriously IMHO...
newbie
Activity: 351
Merit: 0
April 24, 2018, 09:49:44 PM
#10
It is not about manipulating, it's just coinmarketcap is not updated nor live. Coinmarketcap they are just showing the price of an altcoin but if you click a certain coin posted in coinmarketcap and go to the markets, they also show the different prices of altcoins in different markets. Coinmarketcap is just a reference for the cryptocurrencies that we are planning to trade and invest.
full member
Activity: 479
Merit: 103
April 24, 2018, 05:53:40 PM
#9
There can be a lot of reasons for this imprecisions, delay in updating the prices and different prices on different exchanges. With coins which are traded only on one exchange, typically Etherdelta, and with non existent volume, single individuals can manipulate the price by selling little sums for absurd prices. It is unlikely that there is some intentional manipulation on behalf of coinmarketcap.
sr. member
Activity: 532
Merit: 327
April 12, 2018, 02:50:35 PM
#8
Whats the point of coinmarketcap manipulating the price there at all? Its not an actual exchange, it just shows the price in other exchanges.
full member
Activity: 406
Merit: 100
Market Integration Platform
April 12, 2018, 02:39:25 PM
#7
I am not sure but it is probably about the gap between buy orders and sell orders, some coins can be sold at $10 while it is bought at $30 in a day.
jr. member
Activity: 427
Merit: 7
April 12, 2018, 12:12:26 PM
#6
ok, thank you for your information.

sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
April 12, 2018, 11:53:37 AM
#5
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
Can see coinmarketcap is an indispensable place for all trader but sometimes this site really has a great deception because there are many projects asking them to update information but they try to find ways to forget and where the Circulating Supply is always marked? . This can make them control the market precisely because they are in full control of which coins live and which coins die
legendary
Activity: 1834
Merit: 1036
April 12, 2018, 11:39:49 AM
#4
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
No manipulation is going on at Coinmarketcap. They act like directory of coins and tokens. They post whatever is the status or current price of coins and tokens. However the price that you see there is based on the exchanges where the coins and tokens is listed. Not sure if its the average of the coins or token if it is listed in multiple sites.
copper member
Activity: 1050
Merit: 294
April 12, 2018, 11:22:33 AM
#3
Yes manipulation does effect the price and that's why prices are varying among different exchanges but I haven't seen  this much big difference in prices among exchanges as you are stating i.e 2$ and 6$. It would probably a bug if there is 3x difference in price.
Can you elaborate that about which coin are you talking about? and what was the exact values you have noticed?
full member
Activity: 266
Merit: 107
April 12, 2018, 11:19:21 AM
#2
It is not a manipulation, Coinmarketcap is late to update the price. Sometime when they already updated the prices on the list after a few min the price on the markets is changed while on the Coinmarketcap remains and will be updated after how many mins will past again. For short the pricelist in coinmarketcap is not live like the exchangers.
jr. member
Activity: 427
Merit: 7
April 12, 2018, 10:50:49 AM
#1
Hello,

sometimes I see coins on coinmarketcap which shows extreme gains,
but when I look at the exchanges, the price is much lower.

For example 6 $ on Coinmarketcap and 2 $ on an exchange.

How is that possible? Is this a bug or manipulation?
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