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Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 214. (Read 639542 times)

legendary
Activity: 2142
Merit: 1010
Newbie
Since page 29 the following people have requested it's removal or called it a scam --

LaudaM
Thorgrim
KeyserSozeMC
huyha123
hybridsole
frank22
mfpowernl
cycloid
guybrushthreep
coininaction
FrictionlessCoin
dewdeded
hilariousandco
grv
wEEcoIn
jeroenn13
instacash
Nekomata
iso3789

When have we started finding the truth via voting?
hero member
Activity: 686
Merit: 500
BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.

How effing old are you?

BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.

There is no popular request. Only a few loud idiots.

Since page 29 the following people have requested it's removal or called it a scam --

LaudaM
Thorgrim
KeyserSozeMC
huyha123
hybridsole
frank22
mfpowernl
cycloid
guybrushthreep
coininaction
FrictionlessCoin
dewdeded
hilariousandco
grv
wEEcoIn
jeroenn13
instacash
Nekomata
iso3789

You see I've a habit --

1) Call someone an idiot
2) Prove that he's an idiot in front of the world.

And I've not been defeated till date. Wanna come into that list?

e.g.

http://www.reddit.com/r/Bitcoin/comments/1rr4eg/keiser_promoting_another_scamcoin_pump_and_dump/cdq23iy
hero member
Activity: 686
Merit: 500
BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.

There is no popular request. Only a few loud idiots.

And defending are 2 or 3 NXT holders who're part of the scam.

You haven't made a singe lucid point in all of your rambling. What defense does anyone need to make? The premise of your argument is erroneous. Moot. Nonsense.

Cant answer genuine questions? Reply

Moot.
Nonsense.
Troll
etc...

https://bitcointalk.org/index.php?topic=189919.280
hero member
Activity: 686
Merit: 500
BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.

There is no popular request. Only a few loud idiots.

Since page 29 the following people have requested it's removal or called it a scam --

LaudaM
Thorgrim
KeyserSozeMC
huyha123
hybridsole
frank22
mfpowernl
cycloid
guybrushthreep
coininaction
FrictionlessCoin
dewdeded
hilariousandco
grv
wEEcoIn
jeroenn13
instacash
Nekomata
iso3789
legendary
Activity: 1022
Merit: 1001
member
Activity: 114
Merit: 10
Some are saying Mastercoin (MSC) only has a "one exchange".

In fact Mastercoin has 5 non distributed exchanges, see: http://wiki.mastercoin.org/index.php/Trading_Mastercoins

+ 4 more distributed exchanges (currently doing Test MSC, soon to be MSC): http://wiki.mastercoin.org/index.php/Mastercoin_Balance

I'll grant the skeptics the volume on these exchanges is still relatively small, however Mastercoins have only been around a few months (since August) and only now attracting the attention of larger crypto exchanges.

The other non factual assertion being made by many is that "Mastercoins was pre-mined". This label would imply that some MSC were generated privately before being available to the public. In fact the "Exodus Period" from August 1st to August 31st was widely publicized and open for anyone to participate. During this period all MSC were generated (+ Dev MSC to be handed out over time) and 500+ people took part in supporting the funding of the features described in the Master Protocol whitepaper and spec. See: https://github.com/mastercoin-MSC/spec

I'd point folks to the "Clearing Up 10 Misconceptions about the Mastercoin Protocol" I posted earlier https://bitcointalksearch.org/topic/clearing-up-10-misconceptions-about-the-mastercoin-protocol-328118

Lastly, some are saying that the lack of mining some how creates an issue. However since the Master Protocol operates on top of the Bitcoin Protocol there isn't a need for hashing power / proof of work. The Master Protocol is implementing instead a Proof of Stake system for protocol updates and its distributed bounty system. See my white paper on "Decentralized Applications" many of which are getting developed on top of existing blockchains.

https://github.com/DavidJohnstonCEO/DecentralizedApplications

If you are new to this concept you may also want to read Gavin's recent post on "Provably Prune-able Outputs" that makes the storage of this meta data in the Bitcoin blockchain possible with out causing "bloat" or "pollution".

https://bitcoinfoundation.org/blog/?p=290

For general information about the Master Protocol / Mastercoins see:

Sub Reddit for Mastercoin: http://www.reddit.com/r/mastercoin/

Developers Thread: https://bitcointalk.org/index.php?topic=292628.760

Community Website: http://www.mastercoin.org/

Foundation Website: http://www.mastercoinfoundation.org/
hero member
Activity: 686
Merit: 500
BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.

There is no popular request. Only a few loud idiots.

And defending are 2 or 3 NXT holders who're part of the scam.
legendary
Activity: 1386
Merit: 1023
BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.

How effing old are you?
member
Activity: 84
Merit: 10
Is there any reason why any coin would not want to be listed on Cryptsy? It seems like a coin would be missing out on a lot of action by not being listed on Cryptsy. I know some coins like TAG coin have their own exchange but are also listed on Cryptsy. I highly doubt the vast majority of people would have a problem with the valuations of these coins if they were also being traded on Cryptsy. Getting listed on Cryptsy seems like an easy way to add legitimacy in the eyes of many skeptics...
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
Here's what I wonder about mastercoin,  why is it with their exchange is says "Test MSC".

Are they trading 'test coins'.   See:  http://mastercoin-explorer.com/order_books

So how is it that exchanges playing with 'play money' are listed in comparison with exchanges with 'real money'?

There should be no coins listed in this list unless they are traded in any of the major exchanges (i.e. btc-e, cryptsy,  vircurex, etc).

hero member
Activity: 798
Merit: 500
BRIBED BRIBED BRIBED!!  He's not removing the coins even by popular requests.

Someone make a new website.
Blabla
hero member
Activity: 686
Merit: 500
BRIBED BRIBED BRIBED!! Gliss HAS BEEN BRIBED. He's not removing the coins even by popular requests.

Someone make a new website.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules


Mastercoin is not 100% premine, there is a 10% allocation on top of that what was created in August 2013 that vests at 50% of the remaining dev MSC amount per year.



 Right now that is being distributed manually however there is a mechanism for proof of stake voting that will automate this so that stakeholders can vote on how to allocate the amounts that vest.

http://wiki.mastercoin.org/index.php/Dev_MSC
legendary
Activity: 3066
Merit: 1188
same for you my friend, please read through all points outlined here https://bitcointalksearch.org/topic/disturbing-similarities-between-solidcoinmicrocash-and-nxt-381489

The fact that people try to "manipulate" a coin's price is no reason for excluding it or distorting its market cap statistics.

The two things have nothing to do with each other.

You're mixing a whole load of politics with the proper reporting of statistics.

I bought some NxT knowing the full background to that coin. I knew it was mostly premined. I knew that there were probably some big stakeholders. If it hadn't already been listed on Marketcap I would have taken a calculator and multiplied the coinbase by the current price on the dgex exchange in order to furnish myself with that particular piece of data.

What's the problem ? If you don't like the coin don't invest in it, but stop patronising other investors by trying to push for the censoring or "tainting" of coin statistics just to suit some political vendeta you've got against premined coins.

Some of us are grown up and can make up our own minds about it.
sr. member
Activity: 434
Merit: 250
Cycloid if it's an invented exchange how come I bought a load of coins on it fine and sold a bunch of coins on it fine for profit later? So the buying side worked and the selling side worked... kind of confused. Have you actually *used* it mr fudster?

Gliss, in light of this new market cap exploit, but since they are playing by your rules which you dont want to bend. May i suggest a "cure" for this nonsense ?

Since clearly the main issue here is that prices are coming from single exchange for each of the coins in question NXT and MSC and these exchanges although in question I see they are indeed public as you say and that is why they are granted a spot on coinmarketcap

What i am suggesting is

Green highlight through coins like BTC , LTC , PPC, NMC and a like and reserve green for price feeds with trusted |MULTIPLE exchanges such as MtGOX, Btc-e, Vircurex, Coinbase, Bter and so on..

Yellow could be reserved for coins which are traded only on ONE reputable and then one or more new exchanges and could indicate that it is susceptible to market price manipulation as it is not well distributed.

Red would show that this coin is traded on its own dedicated exchange and could be easily faked with out anyone ability to verify or prove it.

You can also have filters at the bottom to filter all but green or yellor or red and display only those coins for ppl who want to take larger risk

what i am suggesting is not perfect, but i think it will give us a fighting chance against this type of exploit as we go forward. I see some new coins starting with 3-4 exchanges to show more trust in them and even grouping with other shitcoins to offer more then one on their scam exchanges to cross manipulate them and thus buffing up coin market cap to attract new real money. With out a clear filtration system for this we are putting new members of crypto community in harms way.

Merry Christmas

More hyperbole and drivel for a delusionally fabricated problem. Keep it coming.

Haha. Laughed hard at that one.

You are clearly behind a bit, please read this to catch up to speed https://bitcointalksearch.org/topic/disturbing-similarities-between-solidcoinmicrocash-and-nxt-381489

NXT exchange does allow you to buy and sell or the scam of unloading their coins would not work.. dude



Quote
What is the point of any statistic stat if you allow people to simply invent their own statistics by running their own exchange on their own coins...

The entire cryptocurrency market is so small, it could all be considered as "one exchange" right now given the tiny amount of trading thats needed to shift the price.

I've bought stuff on Cryptsy and even on BTC-e when there's been low volume and later looked back at the graph and seen the blip where I bought.

ok - it would be nice if NxT were on more exchanges. I don't think you'd see much complaining from the NxT people at that prospect. But it doesn't change the fact that the coin is being freely traded on the one exchange where it's currently available. It's still relatively cheap. I don't see any signs of irregularity - you can pick up quite significant portions of the total coins base for relatively low amounts of BTC given whats on offer in terms of 2nd generation functionality from the coin.

There are also plenty of coins which are only available on Cryptsy or only available on Coins-e. That isn't a reason to distort a statistic which should be a straight product or quantity and price. People are buying the coin. That means it has a value. Its not the job of the market cap statistic to "interpret" and censor that value. It's its job to report it and nothing more.

If there's any reason that NxT shouldn't be on there its that the coin is still in alpha development stage and not even properly launched yet. Apart from that its just another coin with its associated advantages and pitfalls and should be listed with everything else.


same for you my friend, please read through all points outlined here https://bitcointalksearch.org/topic/disturbing-similarities-between-solidcoinmicrocash-and-nxt-381489
legendary
Activity: 3066
Merit: 1188
Quote
What is the point of any statistic stat if you allow people to simply invent their own statistics by running their own exchange on their own coins...

The entire cryptocurrency market is so small, it could all be considered as "one exchange" right now given the tiny amount of trading thats needed to shift the price.

I've bought stuff on Cryptsy and even on BTC-e when there's been low volume and later looked back at the graph and seen the blip where I bought.

ok - it would be nice if NxT were on more exchanges. I don't think you'd see much complaining from the NxT people at that prospect. But it doesn't change the fact that the coin is being freely traded on the one exchange where it's currently available. It's still relatively cheap. I don't see any signs of irregularity - you can pick up quite significant portions of the total coins base for relatively low amounts of BTC given whats on offer in terms of 2nd generation functionality from the coin.

There are also plenty of coins which are only available on Cryptsy or only available on Coins-e. That isn't a reason to distort a statistic which should be a straight product of quantity and price. People are buying the coin. That means it has a value. It's not the job of the market cap statistic to "interpret" and censor that value. It's its job to report it and nothing more. Traders have a responsibility to furnish themselves with a range of statistics and background about a coin before making an investment. Market cap is just a tiny part of the data that make up that full picture.

If there's any reason that NxT shouldn't be on there it's that the coin is still in alpha development stage and not even properly launched yet. Apart from that it's just another coin with its associated advantages and pitfalls and should be listed correctly - free of colour coding or any other "censoring or spin"- along with all the others.
legendary
Activity: 1344
Merit: 1001
Cycloid if it's an invented exchange how come I bought a load of coins on it fine and sold a bunch of coins on it fine for profit later? So the buying side worked and the selling side worked... kind of confused. Have you actually *used* it mr fudster?

Gliss, in light of this new market cap exploit, but since they are playing by your rules which you dont want to bend. May i suggest a "cure" for this nonsense ?

Since clearly the main issue here is that prices are coming from single exchange for each of the coins in question NXT and MSC and these exchanges although in question I see they are indeed public as you say and that is why they are granted a spot on coinmarketcap

What i am suggesting is

Green highlight through coins like BTC , LTC , PPC, NMC and a like and reserve green for price feeds with trusted |MULTIPLE exchanges such as MtGOX, Btc-e, Vircurex, Coinbase, Bter and so on..

Yellow could be reserved for coins which are traded only on ONE reputable and then one or more new exchanges and could indicate that it is susceptible to market price manipulation as it is not well distributed.

Red would show that this coin is traded on its own dedicated exchange and could be easily faked with out anyone ability to verify or prove it.

You can also have filters at the bottom to filter all but green or yellor or red and display only those coins for ppl who want to take larger risk

what i am suggesting is not perfect, but i think it will give us a fighting chance against this type of exploit as we go forward. I see some new coins starting with 3-4 exchanges to show more trust in them and even grouping with other shitcoins to offer more then one on their scam exchanges to cross manipulate them and thus buffing up coin market cap to attract new real money. With out a clear filtration system for this we are putting new members of crypto community in harms way.

Merry Christmas

More hyperbole and drivel for a delusionally fabricated problem. Keep it coming.

Haha. Laughed hard at that one.
newbie
Activity: 6
Merit: 0
HEY  GLISS

could you add krugercoin ? http://krugercoin.kicks-ass.net/block_crawler.php

trade on coins-e et crypsy
hero member
Activity: 798
Merit: 500
What is the point of any statistic stat if you allow people to simply invent their own statistics by running their own exchange on their own coins...
sr. member
Activity: 434
Merit: 250
Quote
Also coins which FOUGHT their way to all top exchanges through blood sweat and tears, community effort and time, need some sort of recognition in times when market cap has become a simple stat to manipulate.

Nobody is 'manipulating' this statistic.

It's just that Coin marketcap is an inadequate statistic on its own to get a comprehensive picture of a coin relative to other coins.

Thats not a reason for distorting this statistic and giving it all sorts of "flavours". It's a reason for introducing other measures (such as say total traded volume since inception).

By definition, market cap is number of coins times price - so that means 'big' coins will have a higher market cap. It's correct that they should be high on the list. It doesn't mean they're better or more desireable, it just means they have a bigger market cap. Its like saying "the US has a bigger GDP than Iceland, so its a better country".

No. It's just got more people.

Likeways, its understandable that NxT has a bigger market cap than Primecoin - because its simply issued more coins. It doesn't make it more investible - XPM might be a better investment. Market cap doesn't tell you anything about that.

People should stop moaning about 'manipulation' or market cap and just learn to read statistics. Its not a league table in a race, its a table of statistics. Just treat it as such.


What is the point of any statistic stat if you allow people to simply invent their own statistics by running their own exchange on their own coins...
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