PooCoin vs CoinMarketCap - page 3. | Bitcointalksearch.org

Kavelj22

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Quote from: Mehedi72 on November 21, 2021, 04:43:51 PM

Obviously cmc is best cause it gives us every single details about altcoins and helps us to make a short analysis on any altcoins that listed on cmc. But i think PooCoin isn't bad cause it gives us some basic info too. Today i search a bep20 & i found it on PooCoin website with token value and trading volume. so i think we can use PooCoin vs CoinMarketCap both, when we need but cmc is best

Talking in general, it's so much better. However, it's not yet clear how cmc collect important info about those projects (newest in particular). With thousands and thousands of projects got listed during only the last 3-4 years, it's obvious how cmc is a main player to help fake projects appear.
This is npt to say that PooCoin is good but it also doesn't provide the source of their info. I won't be surprised to discover that it gets info about the projects from cmc.

crzy

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Quote from: Mehedi72 on November 21, 2021, 04:43:51 PM

Obviously cmc is best cause it gives us every single details about altcoins and helps us to make a short analysis on any altcoins that listed on cmc. But i think PooCoin isn't bad cause it gives us some basic info too. Today i search a bep20 & i found it on PooCoin website with token value and trading volume. so i think we can use PooCoin vs CoinMarketCap both, when we need but cmc is best

Coinmarketcap has been the standard if you get listed on this site you can have a value now on most of the monitoring wallet and many are using this to see the value of the tokens. I never heard about Poocoin since I’m too focused on coinmarketcap but it looks like PooCoin only introduce tokens on BSC, so this could be a great platform to analyze more the BSC tokens.

Mehedi72

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Obviously cmc is best cause it gives us every single details about altcoins and helps us to make a short analysis on any altcoins that listed on cmc. But i think PooCoin isn't bad cause it gives us some basic info too. Today i search a bep20 & i found it on PooCoin website with token value and trading volume. so i think we can use PooCoin vs CoinMarketCap both, when we need but cmc is best

haasanjui

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PooCoin is website that tell us price of listed and unlisted coins which is benificial for us but coinmarketcap is a web which tell us marketcap, total supply, and price of listed coins. According to me Coinmarketcap is better than PooCoin

hodlftw

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Quote from: PercT4b on November 10, 2021, 05:26:05 AM

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?

P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

Your analysis is spot on. CMC and CG are quite awful at tracking these newbie coins when they come out and sometimes after the fact still have incorrect graphs. ex. look at mononoke inu. You can't find it on one of the sites. The other the graph is absymal looking when in reality it did great. Dextools is the one to use for that one (ETH chain). Use poocoin for early time analysis (BSC chain) .

lvsca

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Poocoin is automatically updated or in control by the project developer himself. Not done by the Poocoin admin itself. Usually the information is read from the existing smart contract. That's why every time we look for information on a coin we have to know the smart contract. Unlike Coinmarketcap which is maintained tight to get a listing here. However, listing here gained a trust even though some projects were inaccurate information. but, usually it's only for low-ranked coins.

mdzahed134

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Quote from: ice18 on November 10, 2021, 11:07:29 AM

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Quote from: mdzahed134 on November 10, 2021, 10:15:24 AM

Coinmarketcap didn’t provided accurate data most of the time & i see many thread already created against wrong data. Whatever, i never used PooCoin and while it’s ridiculous thing to hear, I heard this name today. Coingecko is my favorite instead of CMC. Their most things accurate than CMC.

Coingecko is the best of them all. If gives accurate details of the project but Coinmarketcap doesn't always go with the actual data if there's any change along the line like burning of tokens, they find it very hard to update or change the already have data to new data on CMC after informing them

Coingecko and CMC are just the same not accurate but I think CMC is the worst of them all price too late compare to realtime price, I agree on above comments Poocoin is more accurate than this two but it only focus on BSC tokens. If you want more precise than the two mentioned try Nomics.com.

Yeah, both of using same algorithm but it’s true that Coingecko is very responsible than CMC. But also Coingecko are not 100% accurate data. PooCoin seems poor quality i see it’s not easy interface and it’s focused specifically BSC and Matic based projects. Nomics just copycat to CMC.

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Quote from: PercT4b on November 10, 2021, 05:26:05 AM

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?

P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

First and foremost you should trust your gut instinct. If something seems too good to be true, it probably is. Secondly, I trust Coinmarketcap more because it has proven itself time and time again. But I would not mind double checking with another site. If the alternative site, in this case, poocoin (never used it though), has some warning flags about a coin then I would stay away just as well. From my point of view the best strategy is: Don't invest into new coins.

bct-user

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Quote from: bunglor on November 10, 2021, 06:43:16 AM

I only use Poo Coin for coins I can't find on Coinmarket cap

What coins that you didn't find in CoinmarketCap? I think CoinmarketCap has more complete coins than PooCoin. If the coin cannot be found in CoinmarketCap, probably it is a new coin.

Quote from: bunglor on November 10, 2021, 06:43:16 AM

I think the coins on the market cap are more reliable rather than some shitcoins that was listed on the PooCoin

I think it is not true. Even in CoinmarketCap, there are also many shitcoins. Shitcoins are everywhere, CoinmarketCaps or PooCoin just list the information about tokens/coins in general. They don't categorize it as shitcoins or trusted coins.

letyouearn

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If we look at this situation with etymologic analysis - it's quite obvious that poocoin is more accurate in shitcoins' questions, haha Grin

Born to deal with all this crap Grin

Fatunad

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Quote from: PercT4b on November 10, 2021, 05:26:05 AM

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?

P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

It feels like this isnt some sort of question but rather shilling out this Poocoin website which i hadnt heard it off after all this time on staying up on this market.
Lots of people had already trusted up CMC despite of those flaws.

•Coinmarketcap
•Coingecko

they would still remain to be the top suggested sites on where people do really trust on.Despite
on having some flaws but still people do really prefer of this thing rather than Poopcoin. oppsss Cheesy

Johnyz

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I’m not familiar with PooCoin and I do use more the CMC and Coingecko, I think they are still reliable despite of that fact, some delays on update but they are able to fix it so it can still be good. As I can read about PooCoin, they try to focus more on BSC projects which I think is fine to have that core, but if you are still doubting better to use both.

adzino

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Heard of the name Poocoin, but didn't know it was a DAPP created on binance smart chain until today. I always thought it was a platform that lists all shitcoins and tracks the data, hence the name haha. Still wouldn't use it. Maybe it's the name. Anyway, Coinmarketcap does indicate wrong data, but that happens rarely and are fixed as soon as possible. If you don't like CMC, you can try coingeko. They have been very reliable and don't usually list coins that are likely scam (cmc does that. Coingeko didn't list squid game token and has warned users. CMC listed, but warned after investors got scammed). Or you can try Blockfolio. Has a neat interface.

el kaka22

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I have used poocoin for a project that I wanted to follow. It wasn't bad site, it has horrible design and they could make it better (or maybe they have since I last used it I haven't checked in a while) but that was one big downside. It had such a horrible design that, it was enough not to use it, literally just because of the design you could get out. This is why CMC is still the best plus it is a lot more known.

It doesn't matter if you use one place or another just because of popularity, if you are getting what you are looking for then it is enough for you. However, there is also always a reason why one is more popular and in this case I was because poocoin was horrible looking, could have more stuff but that one was enough.

mbakruroh

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Quote from: PercT4b on November 10, 2021, 05:26:05 AM

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?

P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

Coinmarketcap does not provide data on the circulating supply of PooCoin tokens. But is the price real? We can check from the source exchange, PancakeSwap. The prices are real, and match those available at coinmarketcap prices. While the price on the PooCoin platform is much different from the price on the chart.

HashingTower

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I use both of them and they are both glitchy as hell, one is stable today and the other is glitchy tomorrow, it's just better to have both on your phone or PC to track coins and tokens marketcap

FanEagle

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Quote from: PercT4b on November 10, 2021, 05:26:05 AM

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?

? It has only been a few times that I heard or saw the name PooCoin on the Internet, coinmarketcap.com is the most popular platform that everyone knows and makes use of mostly. And it is more recognized in the cryptocurrency community than every other platform that you are going to talk about. Most of the exchanges rely on coinmarketcap.com, and not just exchanges including news websites and so many others: they all rely on Coinmarketcap to get information on the cryptocurrency market. So far they have been given accurate information on top crypto currencies.

As for shitcoins I can’t tell you whether coinmarketcap.com is giving any clear information on those because I am not the type that is interested in investing my money in shitcoins, I prefer to go for legit investments that would be worth my money on the Long run. From my experience, Coinmarketcap.com is good.

pgbit

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Although both poocoin and coinmarket cap are excellent, coinmarket cap is currently the most popular since they provide comprehensive data about daily market capitalization and too many people use it. Poocoin is also excellent, however it is only used to check charts and to buy, sell.

ice18

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Quote from: mdzahed134 on November 10, 2021, 10:15:24 AM

Coinmarketcap didn’t provided accurate data most of the time & i see many thread already created against wrong data. Whatever, i never used PooCoin and while it’s ridiculous thing to hear, I heard this name today. Coingecko is my favorite instead of CMC. Their most things accurate than CMC.

Coingecko is the best of them all. If gives accurate details of the project but Coinmarketcap doesn't always go with the actual data if there's any change along the line like burning of tokens, they find it very hard to update or change the already have data to new data on CMC after informing them

Coingecko and CMC are just the same not accurate but I think CMC is the worst of them all price too late compare to realtime price, I agree on above comments Poocoin is more accurate than this two but it only focus on BSC tokens. If you want more precise than the two mentioned try Nomics.com.

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Quote from: PercT4b on November 10, 2021, 05:26:05 AM

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?...

PooCoin and Coinmarketcap are completely different services and pursue completely different goals. But as for capitalization, it is quite obvious that the capitalization shown on the CMC has some delay, which is associated with API settings. And this, in turn, is related to the load, since Coinmarketcap supports coins of all networks, and Poocoin only BSC, Polygon and KuChain.

Topic: PooCoin vs CoinMarketCap - page 3. (Read 494 times)