Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 213. (Read 639542 times)

You've done the right thing, gliss. Not listing controversial cryptocurrencies would just make many of us turn to another site that would provide the information - its better to provide more information rather than less. To those that don't want to see ripple, next, etc - go create your own biased site with the criteria you'd prefer.

I posted about re-listing Ripple in this thread and there seems to be a huge split in the community about it.  But you're absolutely right, I can't pick and choose which coins to add.

So the policy from here on is that all crypto-currencies go up as long as they meet the criteria which is:

- Total Supply source URL
- Exchange with public API
- If it's not traded on one of the major exchanges, then the exchange will have to prove itself by meeting a certain reasonable volume threshold (TBD)  and also must be in existence for at least 30 days.

Sorry if you disagree with this stance, but this is the only way to be non-biased against any crypto-currencies.  I really wanted this site to be for the community, but since the community seems split on the issue I have to end up picking a side here.

Cue a flood of babies crying about Ripple being on the list now too.

Well done coinmarketcap. List everything in my opinion, don't try and hide a currency because certain people on the bitcoin forum have an agenda against it. Set the way forward - open, transparent information source.

LOL @ Ripple $ 2,346,306,636

Well said! +1

Why the heck is ripple back on?

+1. There are many, many coins listed that probably have little value - the purpose of the site isn't to judge the validity of a coin or to be a full education on which coins should be invested in. Just because NXT, Ripple, and MasterCoin are different from Bitcoin and the various copycats doesn't mean that people aren't interested in them.

If there is a filter, that's fine - but it should be opt-in and all coins should be displayed by default. Caveat emptor - let the buyer beware lest they make rash decisions based upon the interpretation of any individual piece of market data.

And speaking of this, I find it very interesting that within a day or two of Mastercoin being on the charts, Nxt's "market cap" has now risen dramatically and is now within 1MM of Mastercoin.

The recent rises in price, and the fact that Nxt trades on a single private exchange (from what I understand of it) smells funny. A cartel of a few large holders trading between themselves (or a single holder with multiple addresses -- remember the max contribution was 1 BTC per address -- someone could easily own 10-15 addresses) could easily engineer a rapid increase like this, and Nxt has a very large incentive to stay ahead of Mastercoin, making it be "the largest/highest valued crypto" of it's kind -- e.g. next-gen distributed application platforms.

Nothing inherently against Nxt, but let's get it on a few exchanges and see. I'm also not saying it's a scamcoin, but I think it's in a market situation now where it's very open for manipulation by large players. Mastercoin has somewhat of this same problem, but it is already traded numerous places (however, I believe the price data is only coming from masterxchange at this time). And, if we start seeing the same kind of massive and rapid price increases for Mastercoin on little to no news, with indicators of potential manipulation similar to what was posted earlier in this thread and on other threads, I'll start saying the same thing about it.

This is exactly what's wrong. There's plenty of naive and gullible newbs who just check coinmarketcap and buy when they see something rise, and they end up buying nothing more than an inflated piece of crap. It really makes a mockery of cryptos.

Maybe it would be a good idea to set up a more detailed "CryptoCurrencyStatistics" page where marketcap is only a little factor in the ranking beside average transaction volume, market depth etc..
 

What makes this site any different?

haha, good joke. keep it coming

coinmarketcap is one of few sites that actually lists coins without personal bias...

Lets just use http://www.cryptmarketcap.com/ ,

Its obvious now coinmarketcap.com is a site supporting scams, probably run by an scam artist.

Blatant scams shouldn’t be there. Why give any legitimacy to these coins and their fraudulently & falsely inflated price?

If coins don't need to earn their right to a marketcap position, there is nothing stopping this list from inflating indefinitely. I'm not saying any particular coin needs censoring but surely we don't need to see every single day bring additional coins to the list... There is 1 new coin or more coming out every day lately -- if CoinMarketCap.com starts listing them all (and the list at present is very much short of being comprehensive), I would expect many coins presently on the list to see a reduction in value as money spreads itself out over more coins. Maybe that would be a good thing -- redirect money into coins that actually have potential when the hundred clones take a serious beating as a result of people realizing just how many clones there actually are out there and what little it actually takes to create yet another.

They should ALL be on there.

There's no reason for censoring any of them. People on this forum and elsewhere are being pathetic in seeing "marketcap" as some kind of measure of merit when it isn't. Its just a statistic.

If I decide to create a new coin tomorrow with 100 Billion units and it trades for an appropriate price, it will have the biggest marketcap of all coins and that fact should be reflected in the marketcap statistics.

Coins should not have to "earn" their right to a marketcap position - its a statistic that includes the number of coins in circulation, thats all.

thx for this.

coinmarketcap.com developped to a place with double moral .
First they accepted to ban Ripples to a second page(requested by a lot of people), then they allowed NXT, and now Mastercoin to be listed on the same page.
So they lost integrety.

voting is a good idea.

+1

Is there a reason that NXT is not on Cryptsy? Also I think some people are confused about Mastercoin not being on Cryptsy since the bidding on "the other Mastercoin" has gone up quite a lot since the financially backed Mastercoin has been featured on CoinMarketCap.com -- I'm not quite sure how that has happened if that is the case given these two Mastercoins have different tickers...

It's really unfortunate the marketplace has become so fragmented. I can't be bothered to sign up on multiple different sites just to invest in a single coin and thus resort to only investing in coins featured on Cryptsy (and I'm sure I'm not alone though the marketplace of choice may vary).

We have a successor.

http://www.cryptmarketcap.com

I'm off this thread.