Do you believe Coingecko's Exchange Liquidity rank? - page 2.

nelson4lov

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Quote from: reallester on February 22, 2020, 05:48:55 PM

I do not believe in their rating and liquidity. This is always manipulated in some situations. So dont get carried away by the liquidity displayed by these sites.

No one knows if it's real or fake. In my opinion, even if it's real, the data wouldn't be accurate... Why? There's a long list of possible causes, ranging from the API data received from the exchanges. Most of the time, this is the cause. Most exchanges don't even have correct data. Their orderbooks are messed up. So I wouldn't blame the guys at Coingevko.

Rengga Jati

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Quote from: Tduty on February 22, 2020, 02:47:15 PM

We know Coinmarketcap lists fake exchanges on the top, they accept fake bot volume in such case which is not honest move!

Very true, a thing that is unfortunate, remembering CMC is very well known and has become a benchmark for this. However, revealing the fact that there are fake volumes (especially on exchange lists) makes us understand that even something big does not avoid "manipulation".

Quote from: Tduty on February 22, 2020, 02:47:15 PM

..Coingecko for bringing the real volume exchange on the top rank

Then what about Coingecko? I personally do not 100% believe that they really present real data. Of course, even if for example the manipulation rate is only a few percent.

Quote from: Nadziratel on February 22, 2020, 03:00:28 PM

Sorry, the quality of Coinmarketcap has decreased significantly due to the ads. Fake volumes, price manipulations, and more ...

Really? It makes sense of how the manipulation works. Well, it is clear that everyone needs money and money will change everything and can manipulate many things.

From many answers by the members here, nowadays, CMC has decreasing trust and believes more in Coingecko. But, it doesn't mean that Coingecko serves real data 100%, there may be also some manipulation and fake data although only few percentages. Let's see how the Coingecko will face its chance to take over CMC.

minairia3

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Quote from: Tduty on February 22, 2020, 02:47:15 PM

So, we have been appreciating Coingecko for bringing the real volume exchange on the top rank. But do you believe their liquidity exchange rank is real? I don't think they are 100% accurate.

I dont think there will be an accurate record or stats that will any exchange will give. Of course there is always an outlier or bug in the volume of some projects and exchange. These are possible allowing by the mentioned website. Even the famous coinmarketcap also doing the same. So I dont think this is something new.

As of these fake volumes, traders cant much appreciate some platform using their data since of highly manipulative approach on some stats. Anyway I dont mind as not really concern in this issue.

princerepon

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Quote from: Tduty on February 22, 2020, 02:47:15 PM

We know Coinmarketcap lists fake exchanges on the top, they accept fake bot volume in such case which is not honest move! So, we have been appreciating Coingecko for bringing the real volume exchange on the top rank. But do you believe their liquidity exchange rank is real? I don't think they are 100% accurate. They listed BW, ZB, ZBG, Bitbank, Probit almost in the top rank but all these exchanges are faked volume,!

In my opinion there is no crypto market cap website will give you proper information about coins/exchanges. It's true that there are thousands of coins and hundreds of exchanges came in crypto industry past couple of years. So it's too difficult to collect every single of their information. But end of the line this is the thing that they provide us. Right..? If they can't provide us properly then it's their failure.

I met CMC before CoinGecko. But i had really bad experience with CMC that's why i prefer CoinGecko. In my knowledge there is no much interested crypto market cap platform which can we follow. So, like or not you have to follow one of those no matter how they provide their service to us.

livingfree

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We cant also be 100% sure with coingecko. Just like with coinmarketcap, if time comes that cmc's reign will be replaced by coingecko then cg might do the same.

It is all about the money that makes them put those fake volumes and liquidity.

reallester

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I do not believe in their rating and liquidity. This is always manipulated in some situations. So dont get carried away by the liquidity displayed by these sites.

Thomas-s

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All rating sites do not deserve your trust. exchanges will do everything possible so that people hold their money there, but do not believe them. Do not trust any rating sites or any other sources. just look after the fact. Check the number of open orders on the exchange itself.

alani123

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Coinmarketcap has attempted to create a so called 'adjusted volume' metric. It's now the default ranking other than the volume exchanges report.
However, it's still hard for any such website to get reliable statistics. Very few exchanges give out data in a way that each trade could be calculated back to the full volume. Since most don't ranking websites have to rely on listing exchanges based on reported volume and/or come up with their own ways of putting a weighted multiplier based on how much an exchange is likely to be lying about volumes and to what extent.

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Quote from: Tduty on February 22, 2020, 02:47:15 PM

We know Coinmarketcap lists fake exchanges on the top, they accept fake bot volume in such case which is not honest move! So, we have been appreciating Coingecko for bringing the real volume exchange on the top rank. But do you believe their liquidity exchange rank is real? I don't think they are 100% accurate. They listed BW, ZB, ZBG, Bitbank, Probit almost in the top rank but all these exchanges are faked volume,!

What are you talking about? Where does Coingecko has liquidity ranking? Coinmarketcap has that, and it doesn't seem to work. Maybe those exchanges have found a way to cheat the system.

BitSat19

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Quote from: Nadziratel on February 22, 2020, 03:00:28 PM

Sorry, the quality of Coinmarketcap has decreased significantly due to the ads. Fake volumes, price manipulations, and more ...
At Coingecko, he made good use of this bad move of the CMC. Many people now find Coingecko data more important.

But I think they are not doing an easy job. Today, there are more than 5000 cryptocurrencies in the market and nearly 1000 exchanges. It should not be easy to follow them all the time. Moreover, we cannot say that exchanges are very honest. I personally trust Coingecko.

Biggest problem in crypto is we have no authentic check and balance thing here as currency exchanges or stock exchanges so no one can give correct data about these crypto exchanges in recent day coinmarketcap has decreased very badly in this issue with many fake things happening now Coingecko is also not able to provide correct things for community members but they have to depend on these two as have no alternative for them.

rajsimran

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CMC and coingecko and other sites not giving us 100% accuracy.Last few months I am using coingecko maximum time.They are improving there data.Though still now CMC is better than coingecko but They are improving fast and day by day CMC going to be worst.but coingecko should remove many coins and exchanger because they are dead.But i always try to average both CMC And coingecko liquidity to get perfect result.

hirngespenst

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Mate, you won't find any place that is giving 100% real information to its community, not the Coingecko nor those real volume exchanges! Everyone has secrets! As we found something better in Coingecko than CMC, so, we should appreciate it! Once people followed Icobench as the best ICO rating websites but now people know most of their rating was fake, paid! The same thing is happening in CMC! So, as we have an alternative, I will keep using the Coingecko!

Javi_Anibarro

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There is no 100% accuracy if we are talking about website aggregation, it is understandable for us to see them listing those exchanges as top liquidity exchange.
As far as I know this liquidity thing is a new feature invented first by CoinMarketCap last year, so there might be something unclear about the metrics of the data collected.
Unlike trading volume that can be gathered directly based on real orders and activity on the exchange.

I do not say it is totally fake but compared to CMC, CoinGecko looks more credible to be honest. I would rather believe it than CMC as it now.

Nadziratel

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Sorry, the quality of Coinmarketcap has decreased significantly due to the ads. Fake volumes, price manipulations, and more ...
At Coingecko, he made good use of this bad move of the CMC. Many people now find Coingecko data more important.

But I think they are not doing an easy job. Today, there are more than 5000 cryptocurrencies in the market and nearly 1000 exchanges. It should not be easy to follow them all the time. Moreover, we cannot say that exchanges are very honest. I personally trust Coingecko.

Tduty

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We know Coinmarketcap lists fake exchanges on the top, they accept fake bot volume in such case which is not honest move! So, we have been appreciating Coingecko for bringing the real volume exchange on the top rank. But do you believe their liquidity exchange rank is real? I don't think they are 100% accurate. They listed BW, ZB, ZBG, Bitbank, Probit almost in the top rank but all these exchanges are faked volume,!

Topic: Do you believe Coingecko's Exchange Liquidity rank? - page 2. (Read 234 times)