Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 212. (Read 639542 times)

this is only data of the exchange "the rock trading" there are more XRP exchanges out there with more volume

Please read what I wrote more carefully.  There is nothing you introduced that I wasn't already aware of, nor is it inconsistent with my post.  Please be careful when you label another person as 'wrong'.  I can do without the misinformed accusations of my person.  If you are not a supporter of XRP, why are you personally attacking me?  Why don't you spend your energy helping out noobs?

Ripple is not a cryptocurrency like BTC is.  How do you get that many coins instantly?  As its source is closed, and nobody was invited to 'mine' it, (if that's what those scum call their instacoin-creation subroutine,) there is no evidence that this has any of the equitable benefits of the class of open-source cryptocurrencies.  ripple is just a meaningless closed-door scrip.

They have incredible pricing power, (ability to manipulate the price!)  This is very dangerous, as people who are scamed by ripple are likely to apply their unfortunate experience to other coins that they misperceive to be equals based on the subject website's presentation.

P.S.  Please spare me another ad hominem attack.

http://www.cryptmarketcap.com/  wow better than coinmarketcap which seems corrupt to me. Cryptmarketcap > Coinmarketcap

Way more than 4BTC.  http://bitcoincharts.com/markets/rippleXRP.html

Are you out of your mind? Ripple has a 4 BTC trading volume the past 24 hours. This shit does not deserve to be #2.

http://www.cryptocoincharts.info/#jump-btc-xrp

So if all coins can be manipulated pretty easy, how do we know their true value? How can people take cryptos seriously when they are becoming a joke now.

100% preminted coins(if you can even call them that) should be in their own category, plain and simple.

I have zero interest in seeing these coins littering up my screen.

Right now cryptmarketcap.com seems to be exactly what I need. The bigger coin logos and smaller spacing between coins makes the site more aesthetic, it shows volume too.

Rather funny when someone demands absolute proof.

If for example 90% of all NXT is owned by one person we would never know.

The coins were created all at once and distributed to "stake holders." The max buy in was 1BTC per BTC address but there is nothing stopping someone from sending BTC from multiple addresses. In fact the creator of the coin could just send himself BTC from multiple accounts at zero cost but it looks good on paper.

There is no way to prove this but it is possible because of the inherent design of the coin.

That is my beef with these coins, the overall design including the proprietary exchange is perfect for running a scam.

I outlined the similarities between NXT and Realsolid/Coinhunters endevors. Here: https://bitcointalksearch.org/topic/disturbing-similarities-between-solidcoinmicrocash-and-nxt-381489


It does not matter if the exchange is open to the public. It is a moot point.

There is nothing stopping the owners of these proprietary exchanges from starting 20 puppet accounts and trading a huge volume of NXT or Mastercoin back and fourth to themselves with only a few BTC actually going back and fourth. All the fees even go back to the exchange owner so it costs nothing to rig the price or the volume.

That is exactly what Realsolid did at MCXnow, manipulated prices and faked the volume. Realsolid was actually more legit in some ways because he allowed several coins that weren't his on the exchange to give it the appearance of legitimacy.


A filter alone is not enough. A grading system as outlined by cycloid would be better or just leave them off the list entirely. There is nothing wrong with taking a moral stand against scam coins.

Crypto's were ment to be the solution to centrally controlled fiat money not as some get rich quick scheme. Coins that are of the 100% created, premine/instamine variety that have their own exchange and can't or won't list at the more popular exchanges are just schemes to make a few people rich quick.

Allowing these types of coins to be successful and get undeserved attention only de-legitimizes  all cryptos in the eyes of the general public.

Personally I have stwitched to: http://www.cryptmarketcap.com/ until this is properly taken care of.

Bye 

Wrong. It is open source. And wrong again. It is a cryptocurrency, just not a decentralised one. See - http://en.wikipedia.org/wiki/Cryptocurrency for sources so you can learn and stop spreading misinformation.

See above. Hint: you're wrong.

I'm going to surprise you here and inform you again you are wrong. Do you know how Ripple works or have you just read a couple of information pieces? Why are you calling people noobs when you don't even know the basics and clutter up this valuable topic with your bullshit? 100 billion XRP have been created and can be used at any point of time. It's human choice stopping them from being spent. What your mind can't distinguish is that is separate from the fact most XRP are in the hands of Ripple Labs.

Btw you probably think I'm a Ripple supporter - I'm not. Check my post history, I've probably mentioned them twice in the last year. It's just funny to me seeing so many people get mad over things they don't understand.

Everyone just switch over to http://www.cryptmarketcap.com/

Whats going on with Mastercoin MST??

Everyone to be happy, you need to rename the site.
CoinandScamcoinMarketcap.com 

It's only misleading if you don't know what "market cap" really means. And you do know what it means, so it's not misleading is it? And whatever about Mastercoin and Ripple, NxT is a cryptocurrency as much as Bitcoin or any of it's derivatives are.

Edit: Except that the NxT code is written from scratch and has many more features built-in.

It's not that you have to be biased or against open information to be against NXT, MSC, XRP, ect.. It's just a little misleading to act as if they are simply another crypto. As long as there is something in the works to allow us more information other than JUST MARKET CAP, I'll be happy.

Market Capitalization (Market Cap)

(a post for coinmarketcap.com readers)

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There is an illusion caused by this coinmarketcap website:

Market capitalization is the LAST PRICE multiplied by the outstanding float (the amount currently in circulation, not even available for purchase, but simply mined and hypothetically available in someone's crypto address.)

If someone issues their own ExploiterCoins with 1,000,000,000 units in the float, and trade on their own exchange 1 unit for $10 USD, then their market capitalization becomes $10 Billion US dollars, #1 on that website.

A TEN US DOLLAR BILL CAN VAULT A CRYPTO TO THE #1 spot on that website, beating BTC instantly!

-

If they take their same ten dollar bill, and then trade it with themselves, again, for 10 units of ExploiterCoins, then they've just lost almost $10 Billion Dollars in Market Cap!!! Yes, that would price the market cap calculation down 90%!!!

Still, it's just them masturbating a ten dollar bill back and forth with themself.

-

Illusion and perception.
See how dangerous this stuff is?

God, CoinMarketCap, what's wrong with you? Have you been paid for listing this obvious scam coins?

Pre-labelling people who disagree with your point of view is not only dehumanizing your compatriots in the forum, but blinds some readers to the validity of their counter-arguments.

This is rude.  You have attacked me before I wrote.  I am not a minor.

If the rhetoric of 'open, transparent information source' is acted out, then, Ripple should be clearly labelled as 'not a real cryptocurrency', issued by a central authority, not open source.  Where is that information on that website?  I have ignorant people asking about the '$2 billion dollars that were invested' in Ripple.  This is very dangerous to cryptos, siphoning off real investment funds (not the misinterpreted, then fictitious, 'market cap',) that would otherwise go to legitimate open-source cryptocurrencies into the pockets of the the cabal of exploitational advertisers, poisoning the minds of noobs and keeping humanity repressed.

Perhaps instead of supporting the exploitational illusion that ripple belongs as an equal on that list, you could work towards educating noobs on what a market cap means.  I'll start you off:

Market Cap = Last Price x (multiplied by) Outstanding Float (total available in crypto addresses.)

You're welcome.

Just to weigh in here, it would be important to denote which "coins" are available via a public exchange, versus those which are available only through a private holder.  In the case of Mastercoin, Nxt, and Ripple, those should have an asterisk next to them denoting this distinction.  In the future we will see more companies announcing their own form of cryptocurrency, for instance Amazon already has "Amazon Coins" which is their form of currency.  I don't see how these are different from Ripple or Nxt in the sense that they control the supply/price. 

Not sure, but I'm grabbing the data from here: http://d.evco.in/abe/chain/DeVCoin/q/totalbc