CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 68.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Bansheroom on December 21, 2014, 02:25:55 PM

Last minute changes....have ZERO relevance for market cap.

Why should i do? Only thing i want that they CLEARY state that their numbers are manipulated. They pretend to show "Crypto-Currency Market Capitalizations" but show manipulated numbers that have nothing to do with "Market Capitalizations".

There is no secret that they calculate market cap on their perceived available supply after they investigate. This is the same for all other coins.

You seem to have a sense of entitlement into thinking that a free website should hurry up or just have faith in a botched IPO which is now on its 3rd last minute hardfork -
https://hashtalk.org/topic/24985/pow-to-pos-change-over-should-be-in-progress/52

The rest of us are more reasonable and want to do a bit more research and verify all the claims made.

You appear to have a nervous sense of urgency that is very telling. All will get sorted out in time. Lets see how this launch goes first.

I would recommend that coinmarketcap wait even longer(1 to 2 more weeks at least) and verify some of the underlying claims.

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: inBitweTrust on December 21, 2014, 02:16:57 PM

Quote from: Bansheroom on December 21, 2014, 01:56:20 PM

Seems as if they are stumbling around half blind looking for the correct numbers.

With the amount of last minute changes to this launch, can you blame them? This is a highly unregulated IPO/ICO which may even be illegal. What is wrong about being careful? There are many unanswered questions that create large red flags like -
https://hashtalk.org/topic/24461/can-we-see-the-registration-as-msb/2

Quote from: Bansheroom on December 21, 2014, 01:56:20 PM

And again: Market cap is pure math only! "false statements and exaggerations" have NOTHING to do with market cap, get it.

Why don't you create a competing site that uses simple math to compare coinmarket caps. Coinmarketcap has different metrics to judge how many coins are in circulation than you. They aren't counting over 2/3rds of ripples either.

A Better judge of a coins strength would be an algorithm that compared price to average daily liquidity because Bitcoin's 4-5 billion market cap is bullshit as well.

Last minute changes....have ZERO relevance for market cap.

Why should i do? Only thing i want that they CLEARY state that their numbers are manipulated. They pretend to show "Crypto-Currency Market Capitalizations" but show manipulated numbers that have nothing to do with "Market Capitalizations".

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Bansheroom on December 21, 2014, 01:56:20 PM

Seems as if they are stumbling around half blind looking for the correct numbers.

With the amount of last minute changes to this launch, can you blame them? This is a highly unregulated IPO/ICO which may even be illegal. What is wrong about being careful? There are many unanswered questions that create large red flags like -
https://hashtalk.org/topic/24461/can-we-see-the-registration-as-msb/2

Quote from: Bansheroom on December 21, 2014, 01:56:20 PM

And again: Market cap is pure math only! "false statements and exaggerations" have NOTHING to do with market cap, get it.

Why don't you create a competing site that uses simple math to compare coinmarket caps. Coinmarketcap has different metrics to judge how many coins are in circulation than you. They aren't counting over 2/3rds of ripples either.

A Better judge of a coins strength would be an algorithm that compared price to average daily liquidity because Bitcoin's 4-5 billion market cap is bullshit as well.

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: inBitweTrust on December 21, 2014, 01:45:30 PM

Quote from: Bansheroom on December 21, 2014, 01:24:40 PM

No you could not. No one would buy your coin for a reasonable price. If you think you can, try it and it will be a big fail.

I just created a coin called POShitcoin, sold 5 to my brother for 10 dollars each. The rest are held by "private investors" and there are 1 billion coins total. So by your logic my marketcap should be 10 billion right?

You understand there are different ways to consider marketcap and not everyone has to follow your guidelines right? Perhaps one of coinmarketcaps guidelines is to try and verify the claims and do a little due diligence first before suggesting a coin has one of the largest market caps?

Quote from: Bansheroom on December 21, 2014, 01:24:40 PM

Coinmarketcap only lists mined coins. I personally don't only own coins that i have mined during PoW but also coins that have been given as a customer. I can move them around and sell them. I already used some of them. According to coinmarketcap about 70% of my coins that i have used already don't even exist. Same is true for all other customers, they got all their coins and can do whatever they want with them. Coinmarketcaps numbers are wrong. They don't list coins that exist and can be moved around by normal users, not even talking of large investors coins.

What do you want to analyze and what has faith to do with market cap?

They list your coins:
12,343,204 XPY total

http://coinmarketcap.com/currencies/paycoin2/

With the amount of last minute changes, false statements and exaggerations coming from that company , It is prudent and wise to wait a few more days before making any changes to confirm everything.

I understand you have drunken the koolaid and are upset , but the rest of us who aren't brainwashed have some serious concerns and think it is wise to proceed with caution.

5,593,204 XPY is listed as new number of accessible coins, still wrong, but its getting better.
Seems as if they are stumbling around half blind looking for the correct numbers.

And again: Market cap is pure math only! "false statements and exaggerations" have NOTHING to do with market cap, get it.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Bansheroom on December 21, 2014, 01:24:40 PM

No you could not. No one would buy your coin for a reasonable price. If you think you can, try it and it will be a big fail.

I just created a coin called POShitcoin, sold 5 to my brother for 10 dollars each. The rest are held by "private investors" and there are 1 billion coins total. So by your logic my marketcap should be 10 billion right?

You understand there are different ways to consider marketcap and not everyone has to follow your guidelines right? Perhaps one of coinmarketcaps guidelines is to try and verify the claims and do a little due diligence first before suggesting a coin has one of the largest market caps?

Quote from: Bansheroom on December 21, 2014, 01:24:40 PM

Coinmarketcap only lists mined coins. I personally don't only own coins that i have mined during PoW but also coins that have been given as a customer. I can move them around and sell them. I already used some of them. According to coinmarketcap about 70% of my coins that i have used already don't even exist. Same is true for all other customers, they got all their coins and can do whatever they want with them. Coinmarketcaps numbers are wrong. They don't list coins that exist and can be moved around by normal users, not even talking of large investors coins.

What do you want to analyze and what has faith to do with market cap?

They list your coins:
12,343,204 XPY total

http://coinmarketcap.com/currencies/paycoin2/

With the amount of last minute changes, false statements and exaggerations coming from that company , It is prudent and wise to wait a few more days before making any changes to confirm everything.

I understand you have drunken the koolaid and are upset , but the rest of us who aren't brainwashed have some serious concerns and think it is wise to proceed with caution.

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: inBitweTrust on December 21, 2014, 01:09:51 PM

Quote from: Bansheroom on December 21, 2014, 12:04:30 PM

If they are "careful judging" they should not call that they show market caps, that's a complete different thing.
They pretend to be neutral and list only and they state nowhere that they manipulate numbers, but they do.
Also the owners of large bitcoin sums are mostly unknown. How many value does coinmarketcap subtracts from btc? Same is true for litecoin, darkcoin and 99% of all other coins. Who owns the coins has nothing to do with the market cap.

There is a big difference between POW distribution and a currency where most of it is POS premine.
Following your logic I could create a new POS coin, get a small group of adopters willing to invest in it, say the other premine coins are held by secret investors and instantly beat BTC market cap.

I am not suggesting that paycoin should be limited forever but only that we need more careful analysis of what is going on before using faith in one companies claims.

No you could not. No one would buy your coin for a reasonable price. If you think you can, try it and it will be a big fail.

Coinmarketcap only lists mined coins. I personally don't only own coins that i have mined during PoW but also coins that have been given as a customer. I can move them around and sell them. I already used some of them. According to coinmarketcap about 70% of my coins that i have used already don't even exist. Same is true for all other customers, they got all their coins and can do whatever they want with them. Coinmarketcaps numbers are wrong. They don't list coins that exist and can be moved around by normal users, not even talking of large investors coins.

What do you want to analyze and what has faith to do with market cap?

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Bansheroom on December 21, 2014, 12:04:30 PM

If they are "careful judging" they should not call that they show market caps, that's a complete different thing.
They pretend to be neutral and list only and they state nowhere that they manipulate numbers, but they do.
Also the owners of large bitcoin sums are mostly unknown. How many value does coinmarketcap subtracts from btc? Same is true for litecoin, darkcoin and 99% of all other coins. Who owns the coins has nothing to do with the market cap.

There is a big difference between POW distribution and a currency where most of it is POS premine.
Following your logic I could create a new POS coin, get a small group of adopters willing to invest in it, say the other premine coins are held by secret investors and instantly beat BTC market cap.

I am not suggesting that paycoin should be limited forever but only that we need more careful analysis of what is going on before using faith in one companies claims.

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: inBitweTrust on December 21, 2014, 06:05:44 AM

They are doing the right thing by being careful judging from the way this has been launched and all the last minute changes made by Homero.

I applaud them for their patience and due diligence.

IMHO, they should wait at least 1 more week and see who those investors are before including those sums in the Market CAP.

People who suggest there is a double standards because of ripple have no idea what they are talking about because:

1) Ripple(new version) has been in existence since 2012
2) 2/3rd of ripples are not calculated in the market cap by CoinMarketCap 30,881,360,458 XRP Available Supply vs 99,999,834,801 XRP Total Supply
3) The owners of large sums of ripples are mostly known unlike with paycoin

The fact that they are not caving into the demands and pleas of Paycoin is commendable and grows my respect for them.

p.s... I am not some Ripple apologist either, I dislike the coin and what it represents.

If they are "careful judging" they should not call that they show market caps, that's a complete different thing.
They pretend to be neutral and list only and they state nowhere that they manipulate numbers, but they do.
Also the owners of large bitcoin sums are mostly unknown. How many value does coinmarketcap subtracts from btc? Same is true for litecoin, darkcoin and 99% of all other coins. Who owns the coins has nothing to do with the market cap.

inBitweTrust

hero member

Activity: 658

Merit: 501

They are doing the right thing by being careful judging from the way this has been launched and all the last minute changes made by Homero.

I applaud them for their patience and due diligence.

IMHO, they should wait at least 1 more week and see who those investors are before including those sums in the Market CAP.

People who suggest there is a double standards because of ripple have no idea what they are talking about because:

1) Ripple(new version) has been in existence since 2012
2) 2/3rd of ripples are not calculated in the market cap by CoinMarketCap 30,881,360,458 XRP Available Supply vs 99,999,834,801 XRP Total Supply
3) The owners of large sums of ripples are mostly known unlike with paycoin

The fact that they are not caving into the demands and pleas of Paycoin is commendable and grows my respect for them.

p.s... I am not some Ripple apologist either, I dislike the coin and what it represents.

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: forzendiablo on December 20, 2014, 11:40:24 PM

Quote from: Bansheroom on December 20, 2014, 12:34:42 PM

Quote from: mrcashking on December 20, 2014, 04:34:34 AM

Hey Paycoin (XPY) Coin Supply and CoinMarketCap needs to be fixed asap. It should be up much higher on the coinmarketcap list.
https://chainz.cryptoid.info/xpy/ if you guys are waiting until POW is over to update it disregard my message.

Coinmarketcap knows of the problem. They have been told days ago. They argue not to count coins hold by investors that cant sell them, but what about ripple where 90% of the coins are held by investors? Why are they treated otherwise? Customer coins have been released yesterday. Coinmarketcap has been informed, just they decided to do nothing and still show false numbers.

In my eyes coinmarketcap is biased and is misleading people intentionally. They have lost much of their credibility and much less people will take them serious in the future.

they ar still best site and do it for free, they can do some fails sometimes

They have shown no reaction to mails tweets and postings here for over 72 hours now.
We can now be sure that coinmarketcap displays proven wrong data intentionally.

They are not the best, they have been a long time the best but its over.

What they do is no mistake but a criminal act.

SwissCrypt

newbie

Activity: 26

Merit: 0

Used to be the best, maybe, I will rate it just ok atm, with a negative outlook if they don't correct themselves.
They should do some homework, and maybe learn a bit how real market capitalization work, otherwise it's only a joke. Wink

forzendiablo

legendary

Activity: 1526

Merit: 1000

the grandpa of cryptos

Quote from: Bansheroom on December 20, 2014, 12:34:42 PM

Quote from: mrcashking on December 20, 2014, 04:34:34 AM

Hey Paycoin (XPY) Coin Supply and CoinMarketCap needs to be fixed asap. It should be up much higher on the coinmarketcap list.
https://chainz.cryptoid.info/xpy/ if you guys are waiting until POW is over to update it disregard my message.

Coinmarketcap knows of the problem. They have been told days ago. They argue not to count coins hold by investors that cant sell them, but what about ripple where 90% of the coins are held by investors? Why are they treated otherwise? Customer coins have been released yesterday. Coinmarketcap has been informed, just they decided to do nothing and still show false numbers.

In my eyes coinmarketcap is biased and is misleading people intentionally. They have lost much of their credibility and much less people will take them serious in the future.

they ar still best site and do it for free, they can do some fails sometimes

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: mrcashking on December 20, 2014, 04:34:34 AM

Hey Paycoin (XPY) Coin Supply and CoinMarketCap needs to be fixed asap. It should be up much higher on the coinmarketcap list.
https://chainz.cryptoid.info/xpy/ if you guys are waiting until POW is over to update it disregard my message.

Coinmarketcap knows of the problem. They have been told days ago. They argue not to count coins hold by investors that cant sell them, but what about ripple where 90% of the coins are held by investors? Why are they treated otherwise? Customer coins have been released yesterday. Coinmarketcap has been informed, just they decided to do nothing and still show false numbers.

In my eyes coinmarketcap is biased and is misleading people intentionally. They have lost much of their credibility and much less people will take them serious in the future.

EmpoEX

sr. member

Activity: 419

Merit: 264

Quote from: EmpoEX on November 27, 2014, 10:46:46 AM

Hello!

We'd like to let you know that we have added the following markets in the past month:

Thank You for your time.

EmpoEX Team

mrcashking

hero member

Activity: 700

Merit: 500

Hey Paycoin (XPY) Coin Supply and CoinMarketCap needs to be fixed asap. It should be up much higher on the coinmarketcap list.
https://chainz.cryptoid.info/xpy/ if you guys are waiting until POW is over to update it disregard my message.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: chunkyjunkie on December 17, 2014, 09:13:36 PM

Yes, please contact GAW and get the correct amount of coins in the float for correct valuation, thanks in advance.

I love coinmarketcap, but I question if you guys don't have the right data on some coins if others are wrong.

While I don;t know the terms 12 million xpy was set aside for the ico part of the coin and an additional 500k are currently being minted.

Current outstanding total is 12,211,430 XPY with another 299 million about for the rest of the pow stage.

Here is an example of a site that provides multiple coin information that has it right if you need an example https://chainz.cryptoid.info/xpy/

I see many coins listed that have done the exact same type of ico etc. I would suggest you use the same process you did with them to get your information on xpy if you are unable to figure out how to do so with xpy and that is your sole reason for under stating xpy value.

Thanks again for your time, and look forward to your corrections.

You are bringing up a very good point about being aware of the terms and details as everyone is confused mainly because the details are sparse and terms keep changing.

It would be better to not jump the gun and wait for Josh to provide some clarity to everyone involved. It appears that because of certain NDA's GAW may not be able to clarify anything until after the 22nd or possibly later.

chunkyjunkie

hero member

Activity: 494

Merit: 500

Quote from: inBitweTrust on December 17, 2014, 10:12:23 AM

Quote from: gamersglory on December 16, 2014, 10:18:07 PM

Hi you have undervalued XPY paycoin http://blogs.wsj.com/moneybeat/2014/12/01/bitbeat-under-fire-gaw-miners-ceo-garza-takes-on-his-critics/
https://hashtalk.org/topic/23711/paycoin-and-paybase-express

How? Care to elaborate? Is their clarification as to how many XPY were given to investors and what the exact terms were of when they would be vested and could be sold?

Are there more than 185,761 XPY in circulation right now?

Yes, please contact GAW and get the correct amount of coins in the float for correct valuation, thanks in advance.

I love coinmarketcap, but I question if you guys don't have the right data on some coins if others are wrong.

While I don;t know the terms 12 million xpy was set aside for the ico part of the coin and an additional 500k are currently being mined.

Current outstanding total is 12,211,430 XPY with another 299 thousand about for the rest of the pow stage.

Here is an example of a site that provides multiple coin information that has it right if you need an example https://chainz.cryptoid.info/xpy/

I see many coins listed that have done the exact same type of ico etc. I would suggest you use the same process you did with them to get your information on xpy if you are unable to figure out how to do so with xpy and that is your sole reason for under stating xpy value.

Thanks again for your time, and look forward to your corrections.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: gamersglory on December 16, 2014, 10:18:07 PM

Hi you have undervalued XPY paycoin http://blogs.wsj.com/moneybeat/2014/12/01/bitbeat-under-fire-gaw-miners-ceo-garza-takes-on-his-critics/
https://hashtalk.org/topic/23711/paycoin-and-paybase-express

How? Care to elaborate? Is their clarification as to how many XPY were given to investors and what the exact terms were of when they would be vested and could be sold?

Are there more than 185,761 XPY in circulation right now?

gamersglory

member

Activity: 114

Merit: 10

No more Crypto in this world

Hi you have undervalued XPY paycoin http://blogs.wsj.com/moneybeat/2014/12/01/bitbeat-under-fire-gaw-miners-ceo-garza-takes-on-his-critics/
https://hashtalk.org/topic/23711/paycoin-and-paybase-express

hypostatization

sr. member

Activity: 350

Merit: 250

Please add XRP/KRW from RippleCharts.com for Ripple. Pax Moneta recently launched, and accounts or 3% daily volume as of this moment. I would be happy to see the South Korean Won represented.

Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 68. (Read 639542 times)