Topic: Is CMC still safe at all ?? - page 6. (Read 23023 times)
Why we should worry about the coinmarketcap? Well, it is not about safe or not. CMC is a platform that list the coins based on their price rate, volume, and also other progress in the exchanges. The listing based on the track and they are always renewed. If you think that many dead coins in CMC, you should know that many exchanges also consists of the dead coins, but they also consists of legit coins. It means that don't be too worried about CMC. Worried about what you feel now because it may drive you to panic.
I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons
1. Many dead projects still on cmc
2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap
3. Cmc doesn't verify authenticity of projects before listing it
4. CMC now have ads of fake icos on their website thereby leading people to scammers
Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic
Let me stop here and anyone against it should bring a proof to counter it
Or offer more options
The following are my observed reasons
1. Many dead projects still on cmc
2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap
3. Cmc doesn't verify authenticity of projects before listing it
4. CMC now have ads of fake icos on their website thereby leading people to scammers
Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic
Let me stop here and anyone against it should bring a proof to counter it
Or offer more options
I agree that this is input for CMC to be more competent, but if you see some altcoins that are scams. CMC always updates it. but again this is good to be a positive input for the parties and the CMC team.
Coinmarketcap is such a big help to me, when i wake up and before I retire I use it to check the price and volume of the coins I'm holding I don't care about the ads and the other coins as long as they give me a real-time value of the coin I'm holding.
I have not used coinmarketcap for a long time. I like coingecko more, it is more informative and functional.
I also think like that, many people always make coinmarketcap as a benchmark, even though coinranker is more interesting in my opinion, compared to coinmarketcap
Do not blindly trust everything you see in CMC. In fact, there are a large number of similar CMC sites where information may look slightly different than what you see in CMC. Always double-check this information in other alternative sources, such as Coingeco for example. This is a site that I sometimes trust much more than SMS.
I have not used coinmarketcap for a long time. I like coingecko more, it is more informative and functional.
Okay and do you have some better site? I don´t think that someone will verify all 2200 crypto listed projects. That is impossible.
I know those interesting coin market caps website so far, in alternative to CMC:
* https://www.cryptocompare.com/coins/list/USD/1
* https://coincodex.com/
* https://www.worldcoinindex.com/
* https://www.livecoinwatch.com/
* https://coincap.io/
* http://www.coincaps.ai
* https://www.coingecko.com/en
Some of the point you listed is true in fact before you can get listed on CMC your coin must have achieved a required amount of daily trading volume. That was when CMC is making sure they do not bring substandard coin to the list but today things have change and it all boils down who you know. your coin can still get listed on CMC even though your project have not make the requirement. I believe if the CMC continue to provide substandard coin in their listing site, alot of people will start to lost trust in the website and seek for other options to find what they actually want.
I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons
1. Many dead projects still on cmc
2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap
3. Cmc doesn't verify authenticity of projects before listing it
4. CMC now have ads of fake icos on their website thereby leading people to scammers
Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic
Let me stop here and anyone against it should bring a proof to counter it
Or offer more options
The following are my observed reasons
1. Many dead projects still on cmc
2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap
3. Cmc doesn't verify authenticity of projects before listing it
4. CMC now have ads of fake icos on their website thereby leading people to scammers
Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic
Let me stop here and anyone against it should bring a proof to counter it
Or offer more options
cmc just listing most of cryptocurrencies my friend,
and cmc admin run an ads to make money from their website my friend
its still safe for me,, people should do their own research before investing to reduce the risk, and do not blame cmc for their own fault
Your exactly right mate. They're going to collect money from the successful finish ICO.
We have a different perception with CMC, some of us use CMC as their guide to see the increasing and decreasing of all coins while the other see CMC is a place to know about the statistic of the coins. And while the others don't care about CMC because they only care for what is happening in the market. I think CMC still safe until now and it depends on what we want to do with CMC and I think CMC is a website which gives so many information to every people especially to all traders who wants to know the information of the coins.
Thanks for the info to ponder! 
In my opinion, you should always think with your own head, and not rely on any platform, especially in the cryptocurrency world!
In my opinion, you should always think with your own head, and not rely on any platform, especially in the cryptocurrency world! CoinMarketCap only reflects tokens traded on various crypto exchanges with a volume of at least $ 50,000 per day. Therefore, you should not completely trust this resource. To invest more safely and purposefully, you should study the token and the project behind it more carefully than just keeping track of the statistics in the CMC.
I agree with you
We totally should focus more of our energy on the product token itself and not that platform that provides the information and hopefully this helps to get a more concrete result
Based on my own definition, "I see CMC as crypto display screen." It is a site meant to give you information of coins that are listed on it. If does not screen these coins whether they are scam or not. So it it left for you that is investing in those coins, to do your own research and be sure you are going for a coin of your choice and that will not cause you any firm of loss.
Why Coinmarketcap shouldn't be safe? It is just a website with the prices of the cryptocurrencies and their trading volume. No scam here 
It is recommendable to look at the coin in coinmarketcap and visit the link because it is more safer than searching. We cannot blame coinmarketcap why still there are dead coins listed in it because it is part of the deal. Business agenda won't be cut unless the contract is just one year listed plan of the coin. Nobody's perfect including coinmarketcap. Let us not be one sided person. Good to have coinmarketcap to look at the interesting coins price.
Yes, many coins from CMC failed and of course, this made many people afraid to invest. I personally consider CMC to be an illustration only for consideration before I buy a coin. And I think the safest is the top 10 coins.
You are right and some projects hasn't even find there way to cmc yet but I still think CMC stands out among the rest ,it gives the complete lists of all cryptos excluding the ones that hasn't been listed yet,its still the best
Maybe it is, but there are no other sites as far as I know, so there’s nothing to choose from!
See CoinmarketCap is just for reference and not for buying the coin, we need to research the coin before investing in it. You will see price charts in CMC but we don't potential they are if we don't follow their specified channels in the market.
For me Coinmarketcap is only for tracking prices of several tokens. And I also don't agree if coinmarketcap is used as a reference, good or not a project. Coinmarketcap only provides information about listed tokens or coins such as price, volume and total supply.
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