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Topic: CZ and Coinmarketcap (Read 698 times)

sr. member
Activity: 1078
Merit: 250
http://unidapp.app
June 22, 2020, 11:41:13 PM
#80
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

I'm really impressed with the updates and how coinmarketcap is being improved, indeed cz is a huge force in this market and he provide the best of all the services he renders. Checking through coinmarketcap, i discovered that the records are real-time and can be said to be 90% which is far more than how it use to be before the acquisition. I can't wait for cz to perfect coinmarketcap completely
CZ will play a very important role in the change of Coinmarketcap, and there will certainly be many ways to make Binance the number one exchange in this market. Currently, the trading volume at CMC is virtual, and that makes it very difficult for investors to know which is a good exchange. Hopefully, in the next few years, CZ will be the manager of CMC because if he can control CMC, the market will surely become better.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
June 22, 2020, 08:28:21 PM
#79
I don't really doubt binance not being number one, just look at their own coin it's rank eight, that means alot of people use their trading platform. The average crypto user probably doesn't care about binance being number one in coinmarketcap.
that's indeed but the big question was why some people are still talking the credibility that owned by binance right now? In fact if even CMC has already bought by binance and it was even fixing all of the fake data that has already published before.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
June 22, 2020, 08:15:09 PM
#78
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

That should be that way exchanges and coins should be ranked based on their liquidity and there should be no fake volume, so many exchanges are doing that, still, investors love to see their coin being pump it's an industry practice that I don't think it will go away soon just like that.
full member
Activity: 616
Merit: 108
io.ezystayz.com
June 22, 2020, 06:54:52 PM
#77
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

I'm really impressed with the updates and how coinmarketcap is being improved, indeed cz is a huge force in this market and he provide the best of all the services he renders. Checking through coinmarketcap, i discovered that the records are real-time and can be said to be 90% which is far more than how it use to be before the acquisition. I can't wait for cz to perfect coinmarketcap completely
sr. member
Activity: 2660
Merit: 339
June 22, 2020, 03:59:44 PM
#76
If they improve it a lot, could they potentially sell it more? I still can't believe the website was sold for 400 million dollars. I think there is a logical approach to this and they must have calculated something, looking at the website no matter how many people goes to that website it doesn't look like it would ever worth 400 million dollars. You have to understand how much 400 million dollar actually is and I can't even wrap my head around on how much 400 million dollars is.

You can do so much with it and they ended up buying a coin ranking website with it. Hopefully this is a door that opens to bigger things for them but if it is not this is probably one of the worst acquisitions I have ever seen and I think they will regret it in the future if it doesn't work out for them.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
June 22, 2020, 02:54:59 PM
#75
They should start removing shitcoins in the CMC and list real only coins that are active with 24 hr trading volume. Glad that CMC has a new well known management, CZ could make a big change in the platform that’s so influential in the crypto space.
sr. member
Activity: 2030
Merit: 269
June 22, 2020, 12:13:08 PM
#74
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

Not really but I will be more aware of it now, I shifted to Coingecko, I still trying to sell some of my shitcoins here in my wallets and Coingecko, are still monitoring these shitcoins, it's a good move for Coinmarketcap they know when it comes to this, they they can rule it including all those coins listed in their platform. 
Expect more changes that will favor Coinmarketcap and Binance.
jr. member
Activity: 110
Merit: 1
June 22, 2020, 10:57:48 AM
#73
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

I haven't checked on CoinMarketCap for a while now cos at some point I got discouraged seeing numerous shit and scam projects being listed there. If CZ can do a clean up on the project listings on CoinMarketCap, then tht would be a very good development. Its high time scam and unworthy projects are put where they belong.
full member
Activity: 480
Merit: 106
June 22, 2020, 10:40:33 AM
#72
I think you are still guessing that CZ will rule the cryptocurrency. I know CZ wants to monopolize everything, after Binance Dex now CZ has Binance USD. Still Binance exchange is number 9 in coinmarketcap by volume where in Coingecko number 1 exchange is Binance. You know this information isn't right that VINDAX has the top volume in the coinmarketcap.

CZ can do whatever the heck he wants,,, and he will probably succeed at most of it in the beginning when crypto people are still depending on exchanges to keep their money for them. But one day, this will all not sustain and fall. When things crash like MtGox and people suffer, then they will remember. And learn.
That's right and just look on the matter of FTX Bull and Bear Tokens Delisting . First CZ annouced that FTX's Bull and Bear tokens are not suitable for users and that are more risky for trading. So, Binance delist all the FTX's bull and Bear Coins. After some weeks, CZ announced their own Bull and Bear Tokens which is really ridiculous thins. Also it's true that no exchange stay long run in this markets. Sooner or later it'll be crashed.
Like the old quote: You Either Die A Hero, Or You Live Long Enough To See Yourself Become The Villain.
Although I like Binance and still do even at today, for one thing I know that if a widely popular and centralized exchange becomes too dominant at every other exchange, the situation will change and no more nice guy or act on the benefit of customers.
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
June 22, 2020, 10:13:26 AM
#71
I think you are still guessing that CZ will rule the cryptocurrency. I know CZ wants to monopolize everything, after Binance Dex now CZ has Binance USD. Still Binance exchange is number 9 in coinmarketcap by volume where in Coingecko number 1 exchange is Binance. You know this information isn't right that VINDAX has the top volume in the coinmarketcap.

CZ can do whatever the heck he wants,,, and he will probably succeed at most of it in the beginning when crypto people are still depending on exchanges to keep their money for them. But one day, this will all not sustain and fall. When things crash like MtGox and people suffer, then they will remember. And learn.
That's right and just look on the matter of FTX Bull and Bear Tokens Delisting . First CZ annouced that FTX's Bull and Bear tokens are not suitable for users and that are more risky for trading. So, Binance delist all the FTX's bull and Bear Coins. After some weeks, CZ announced their own Bull and Bear Tokens which is really ridiculous thins. Also it's true that no exchange stay long run in this markets. Sooner or later it'll be crashed.
member
Activity: 1764
Merit: 10
June 22, 2020, 07:39:10 AM
#70
Let's see what all this will lead to, but for now it’s clear that CZ and its team are working on various coinmarketcap improvements and I hope that soon there will be many interesting and needed improvements and updates that all interested in cryptocurrencies will need.
hero member
Activity: 1232
Merit: 503
June 22, 2020, 07:32:20 AM
#69
I don't really doubt binance not being number one, just look at their own coin it's rank eight, that means alot of people use their trading platform. The average crypto user probably doesn't care about binance being number one in coinmarketcap.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
June 22, 2020, 07:14:17 AM
#68
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

I noticed it and I like the new look of Coinmarketcap, however, we can't avoid some eyes that against the changes of coinmarketcap, they are telling that Binance are influencing the site to manipulate and make them in the rank number 1.
hero member
Activity: 2576
Merit: 579
June 22, 2020, 06:56:34 AM
#67
Coinmarketcap has been better since being acquired by CZ, look at the features there, there is already online chat, this makes the community more and more, hopefully this is a sign the Bullish market is arriving
I don't think there is anything to do between the Bullish market and the online chat feature on coinmarketcap, because in general the coinmarketcap site is a site that has long been providing exchange ranking services and coin ranking services that are there as well as daily trading volume on each coin and exchange, so it's not something to do with the Bullish market.
full member
Activity: 1176
Merit: 162
June 22, 2020, 06:27:10 AM
#66
I just hope this rule will make coinmarketcap better at seeing the volume in some exchanges and some exchanges with fake volumes will be removed from there immediately.
Coinmarketcap is more realistic now, they are slowly correcting those fake volumes, As you can see volume is not the only basis now they have added  Web Traffic Factor and Average Liquidity which is more precise basis on which exchanges has real users. By adding Web traffic they can easily identify which exchanges used bots to generates fake volume. CZ is doing great, At first, I thought acquiring CMC does not benefit binance but I was wrong it does not only benefit binance but it benefits all of us crypto enthusiasts by having more realistic data.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
June 22, 2020, 05:57:56 AM
#65
I think you are still guessing that CZ will rule the cryptocurrency. I know CZ wants to monopolize everything, after Binance Dex now CZ has Binance USD. Still Binance exchange is number 9 in coinmarketcap by volume where in Coingecko number 1 exchange is Binance. You know this information isn't right that VINDAX has the top volume in the coinmarketcap.

CZ can do whatever the heck he wants,,, and he will probably succeed at most of it in the beginning when crypto people are still depending on exchanges to keep their money for them. But one day, this will all not sustain and fall. When things crash like MtGox and people suffer, then they will remember. And learn.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
June 22, 2020, 04:27:54 AM
#64
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
I think you are still guessing that CZ will rule the cryptocurrency. I know CZ wants to monopolize everything, after Binance Dex now CZ has Binance USD. Still Binance exchange is number 9 in coinmarketcap by volume where in Coingecko number 1 exchange is Binance. You know this information isn't right that VINDAX has the top volume in the coinmarketcap.
All data at Coinmarketcap is wrong, and if compared, the Binance exchange should stand at the number one position. I think CZ is the person who can control this whole market because he has a great influence on the investors here. Also, the acquisition of CMC is proof that CZ has huge financial resources and the ever-changing Binance exchange for becoming more and more perfect in the future.
It's better for you to visit CMC again as it has already changed since a long time ago https://coinmarketcap.com/rankings/exchanges/

Binance has already placed in the first place and then huobi in the second place. I may think you are not updated with the latest information.
sr. member
Activity: 625
Merit: 250
io.ezystayz.com
June 21, 2020, 11:52:26 PM
#63
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
I think you are still guessing that CZ will rule the cryptocurrency. I know CZ wants to monopolize everything, after Binance Dex now CZ has Binance USD. Still Binance exchange is number 9 in coinmarketcap by volume where in Coingecko number 1 exchange is Binance. You know this information isn't right that VINDAX has the top volume in the coinmarketcap.
All data at Coinmarketcap is wrong, and if compared, the Binance exchange should stand at the number one position. I think CZ is the person who can control this whole market because he has a great influence on the investors here. Also, the acquisition of CMC is proof that CZ has huge financial resources and the ever-changing Binance exchange for becoming more and more perfect in the future.
full member
Activity: 573
Merit: 102
June 21, 2020, 05:24:40 PM
#62
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?

Since Cz binance attain his mainstream in crypto market during the ending of 2017, the man has been known for providing the best of services in the whole of crypto market and through the creation of quality services, he has been able to inspire others to really improve on their services so Cz acquiring CMC; the largest coin tracker in crypto space is the best that that has every happened to that platform and like you said, we are already seeing positive changes to the reported volume of coins and exchange
full member
Activity: 756
Merit: 100
June 21, 2020, 05:00:24 PM
#61
I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
I think you are still guessing that CZ will rule the cryptocurrency. I know CZ wants to monopolize everything, after Binance Dex now CZ has Binance USD. Still Binance exchange is number 9 in coinmarketcap by volume where in Coingecko number 1 exchange is Binance. You know this information isn't right that VINDAX has the top volume in the coinmarketcap.
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