Coinmarketcap or Coingecko? - page 5.

giammangiato

legendary

Activity: 1862

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Quote from: preikaler on April 16, 2020, 03:55:02 PM

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

Both are two good sites, there is also coinpaprika which has the same function. I use a lot of coingecko and it is quite reliable but anyone beat CMC since it also has an excellent app

husencoe

full member

Activity: 658

Merit: 100

for each transaction volume, I don't trust it 100% for both because it can be manipulated at any time as you mentioned, but in terms of data information I prefer CMC.

greenlanternlight01

copper member

Activity: 252

Merit: 6

Quote from: preikaler on April 16, 2020, 03:55:02 PM

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

What I can say is that don't put too much trust in just a single exchange. Spread out the investment so that you don't get to feel bummed when one of the exchanges closed. Idax? Ring a bell?

Guryon_master

member

Activity: 384

Merit: 12

Student Coin

For me both are good but both are also quiet deceiving. In this case I suggest that it would be better not to really on it as the final source of judgment about the future of a coin or token. Rather be more serious to find out how the legitimacy of the team.

anhhung409

full member

Activity: 318

Merit: 100

In fact, the CMC website is a reliable website and displays accurate coin data. and not much different from CoinGecko which also displays coins, prices and exchanges accurately. but over time everything turned into bullshit. While Coingecko I thought the coin details were more complete and also had lots of coins, I often used Coingecko to check out project data.

Mammothcoin

full member

Activity: 336

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KoinPro

Personally, I prefer Coingecko because it tracks more exchanges and cryprocurrency than Coinmarketcap. This makes it a better option if you're look for more in-depth data, especially on projects that are not so popular.

timmmers

sr. member

Activity: 1176

Merit: 265

These website provide basic informations about cryptocurrencies such as price, total coin supply, circulating coin supply, website, news but I do not see any diffrence between both platform. Only coingecko listed more cryptocurrencies, so when the coin is listed on Coinmarketcap, it makes it little bit more worthy.

imons

newbie

Activity: 32

Merit: 0

Quote from: preikaler on April 16, 2020, 03:55:02 PM

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap
So which one do you trust more?

I hope its the most common answer - you gotta check both and sometimes find another 3rd service to judge as accurately as possible.
I don't have any feelings about any service, it is all about getting the right info

3meek

hero member

Activity: 2590

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God, save BTC!

Since Binance bought the Coinmarketcap I've been using it less and less! I think it's better to use Coingecko or Dropstab... Although some coins still have to look at the CMC...
However, at Coingecko I do not trust the forecast and technical analysis...

bluebit25

sr. member

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https://bitlist.co

Quote from: kynaz on May 24, 2020, 09:29:29 AM

Quote from: Vishnu.Reang on May 24, 2020, 07:40:10 AM

Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.

I sometimes go to Coingecko because there are some coins at CMC that don't. I think both are great options for everyone, but everyone will feel different when it comes to this. Personally, I still prefer to use CMC because I am familiar with the interface here, and there are many useful tools for me to analyze the potential of that coin accurately.

That's right, sometimes I go to coingecko because coinmarketcap doesn't list those tokens. And most of them are bounty tokens, personally I think coingecko would be more suitable for bounty hunters because most of the tokens in this market are listed there.

judaspriest

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C O M B O

Quote from: kynaz on May 24, 2020, 09:29:29 AM

Quote from: Vishnu.Reang on May 24, 2020, 07:40:10 AM

Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.

I sometimes go to Coingecko because there are some coins at CMC that don't. I think both are great options for everyone, but everyone will feel different when it comes to this. Personally, I still prefer to use CMC because I am familiar with the interface here, and there are many useful tools for me to analyze the potential of that coin accurately.

there shouldn't be a problem, these two sites are related to each other, and can help get accurate information,
indeed Coingecko is not a famous like Coinmarketcap, but Coingecko is a rival of Coinmarketcap

kynaz

sr. member

Activity: 1078

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http://unidapp.app

Quote from: Vishnu.Reang on May 24, 2020, 07:40:10 AM

Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.

I sometimes go to Coingecko because there are some coins at CMC that don't. I think both are great options for everyone, but everyone will feel different when it comes to this. Personally, I still prefer to use CMC because I am familiar with the interface here, and there are many useful tools for me to analyze the potential of that coin accurately.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.

poodle63

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: CryptoYar on April 20, 2020, 11:14:06 AM

These two are useless according to me, Because they just want money, they do not care if they have listed scam coins or real.

On coingecko, the dynamics of the events occurring with the coin are clearly visible, which allows you to quickly distinguish coin scam.
For example, weak coins will have problems with displaying exchange volumes, as well as have a low level of trading volumes.
Otherwise, both of these sites are just aggregators that are easy to fool.

The thing is, there's just too many manipulation done by some shady exchanges that could easily fool these kind of websites. To see whether a project is really scam or not we should look up into the project itself rather than relying on the data shoved to us from that website. In short, they are not really reliable for us to judge a project.

kacperukz99

newbie

Activity: 9

Merit: 0

There seems to be nothing complicated in the coinmarketcap interface. Both platforms are easily accessible, but I'm more used to coinmarketcap. The information provided by the two platforms is sufficient to provide the necessary support to the person accessing them. Coingeko has the advantage of having more coins registered, but I use coinmarketcap because the details provided are better structured.

iv4n

legendary

Activity: 3346

Merit: 1191

Depends on what you are looking for, coingecko has more coins listed, and as I noticed they have some tokens I can't find on coinmarketcap. Even thou binance bought coinmarketcap they will be remembered as shady info site, that's why I like coingecko more, for informative purposes only! Those sites should be used for this purpose only, to get some basic information about a specific coin or project, but even that information should be checked on other places too, because you can't fully trust any informative site!

ZincUnrated

jr. member

Activity: 165

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I will say CoinMarketCap for obvious reasons. CoinMarketCap has an extensive array of resources and one of the most trusted sources of cryptocurrency information in the industry due to its reliability, simplicity and recognition. Recently, the binance acquisition of CoinMarketCap has further cemented its position as the top coin directory. Most crypto projects go to CoinMarketCap for listing due to its importance to their projects.

cepot9

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Cryptocurrency addict | Invest at your own risk.

Both of them I do not believe, CMC and Coingecko only as a reference and do not necessarily provide data that is really real. In my opinion CMC is better because they are quite tight but for exchange they don't seem real. Coingecko is easy to register projects that are not necessarily real projects, even they have not been registered in exchange.

Pamadar

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Quote from: Samayuki on May 23, 2020, 10:48:25 AM

Quote from: preikaler on April 16, 2020, 03:55:02 PM

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

It's a shame that Coinmarketcap are so blind that they aren't able to figure out which exchange has fake volume or not, but now that Coinmarketcap belongs to binance team we might actually notice a new fair rating from them soon

Back then it's all about money, there's nothing to blame since its business and whoever pay more will get the rankings that they've requested. But since Binance showed up and entire this business, traders are hoping that things will be changed. It's a matter of how good they will deal with this obligation to clean those fake information and start to give proper datas.

Gudubobo

jr. member

Activity: 41

Merit: 1

Trusting a platform doesn't necessarily depend on just one information shared on that platform. Personally, I do not trust any platform. I try to verify any information I see from a platform with different other sources and make my judgement. Some coins listed on CoinMarketCap ain't what they seem, while some are reliable. It depends on individual choices which to go with.

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