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Topic: Real exchange volume vs cmc data - page 2. (Read 382 times)

sr. member
Activity: 1610
Merit: 372
March 30, 2019, 12:10:34 PM
#20
Real volumes have only 10 exchanges out of all represented on the coinmarketcap, I was convinced of this trying to trade on birs included in the top 20, there are almost no people, bots are trading among themselves, my orders are simply ignored, be careful.
hero member
Activity: 2842
Merit: 772
March 30, 2019, 12:03:55 PM
#19
it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

After all these years we now see the real picture and it looks bad for coinmarketcap, we have been deceived for so many years, it's time for them to give us real-time statistics and or else many investors will just look for another market cap in the market.

They have been called out as far as I can remember in 2017 wherein they willing to accept ponzi or scam advertisements. That alone already speaks what their reputation is all about. And then follow by the fake volumes.

We don't know if they deliberately do it to mislead investors but it's all speculation. I guess they really need to straighten things out and let the public know.
full member
Activity: 560
Merit: 105
March 30, 2019, 11:20:21 AM
#18
I really believe there are lot exchanges that have fake volumes why? they need it for their status as an exchange. If they didn't show the huge fake volumes they will get nothing from others, I think it's common to see fake volumes but difference 95% is like awful. But trust me fake volumes will not end because like I said before they need the status so they use bot to towards the volume
full member
Activity: 932
Merit: 100
arcs-chain.com
March 30, 2019, 11:15:17 AM
#17
The volume difference is too much, is the data and calculation methods of this website accurate?
jr. member
Activity: 602
Merit: 2
March 30, 2019, 11:15:08 AM
#16
 Cheesy So what will be the failure again on the main positions? What is the strategy of friends? I heard a few interesting bounty goes to top exchanges, such as WPP - can we wait for the growth of this coin?
hero member
Activity: 1316
Merit: 514
March 30, 2019, 11:14:03 AM
#15

OMC is the real killer of CMC Cheesy They provide a real metrics that is really useful in trading decision and real picture of the current market condition.

Say goodbye to wash trading exchange platorm
sr. member
Activity: 1092
Merit: 284
March 30, 2019, 11:12:44 AM
#14
it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

I think that is one of the reason that people invest in bad coins thinking they are performing but not understanding that volume are hyped for people to get in. It is not really a good idea.
Yes it is indeed a big distance but people still believe in Coinmarketcap, maybe after knowing this people will know that it's not real volume.
full member
Activity: 294
Merit: 100
March 30, 2019, 11:10:18 AM
#13
This is unbelievable and I still cannot get why people are buying this. I wanted to make an arbitrage deal between two exchanges and it was said that the prices vary, but as soon as I have realised that the difference between real buying and selling order is around 20 bucks, I realised that I would never trade on Bitforex and P2PB2B exchanges Smiley
full member
Activity: 1736
Merit: 121
March 30, 2019, 11:07:33 AM
#12
it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

I think that is one of the reason that people invest in bad coins thinking they are performing but not understanding that volume are hyped for people to get in. It is not really a good idea.
legendary
Activity: 3052
Merit: 1188
March 30, 2019, 10:43:01 AM
#11
it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

After all these years we now see the real picture and it looks bad for coinmarketcap, we have been deceived for so many years, it's time for them to give us real-time statistics and or else many investors will just look for another market cap in the market.
I am just confused on what it will benefit coinmarketcap to do that, they are not exchanges for us to have said they are using it to hype their platform in order to gain relevance, coin market is still the most popular for now and I don’t think there is any strong competitors, bitcoin is also a decentralized market and not being controlled by anyone for me to also conclude that they have been bribed to do so but whatever their purpose of doing so is, they just have to reverse it before it gets too late for them which is also bad for the market as this will discourage a lot of investors and make them see crypto as scam.
legendary
Activity: 2618
Merit: 2304
March 28, 2019, 08:23:12 PM
#10
There is a huge difference in trading volume you know why? Coinmarketcap is getting data on hundred exchanges but openmarketcap only on few trusted exchanges.

Yes, this is a list of exchanges that OpenMarketCap trusts.
https://openmarketcap.com/exchanges

As I can see, there are about 30 trusted exchanges in the list.

Honestly, I was surprised to see a difference of -95% between the trade volume in Bitcoin.
hero member
Activity: 2926
Merit: 567
March 28, 2019, 08:06:37 PM
#9
it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

After all these years we now see the real picture and it looks bad for coinmarketcap, we have been deceived for so many years, it's time for them to give us real-time statistics and or else many investors will just look for another market cap in the market.
member
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
March 28, 2019, 07:55:42 PM
#8
it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.
member
Activity: 555
Merit: 12
March 28, 2019, 07:15:00 PM
#7
Yes it's true that some data displayed on CMC are not exactly the way they should be. With respect to trading volumes, some volumes displayed for some exchanges are actually fake, but CMC has done a lot to curb this. I won't mention names of some exchanges but I've experienced that personally when I wanted to sell a token, after going through the CMC data, what I saw on the exchange was totally a nightmare. Not withstanding, CMC is still the best out there for coinmarketcap info.
full member
Activity: 1176
Merit: 162
March 28, 2019, 06:51:48 PM
#6
I don't understand how to say this is a web app for checking volume and prices, but not mentioning all the exchanges listing a coin I take the ethereum example. After a fairly high volume is on latoken but when I look for latoken I can't find it?
Those price and volume monitoring web are not accurate and sometimes the exchanges are generating fake volume that's why coinmarketcap sometimes pick up a different volume than the actual volume.

There is a huge difference in trading volume you know why? Coinmarketcap is getting data on hundred exchanges but openmarketcap only on few trusted exchanges.
legendary
Activity: 3416
Merit: 1225
March 28, 2019, 06:50:48 PM
#5

This is another mcap source: https://messari.io/onchainfx

I believe CMC will soon incorporate the same metrics, lots of discussion has occurred on Twitter and they are open to hearing from everyone. https://twitter.com/CoinMarketCap/status/1110401659409219585

They should, it's the investors that they should protect, not the developers, investors wants transparency, they want to see the real volume and price, so they can decide effectively, CMC is huge but people will begin to look for other option if they don't shape up.
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
March 28, 2019, 06:27:38 PM
#4

This is another mcap source: https://messari.io/onchainfx

I believe CMC will soon incorporate the same metrics, lots of discussion has occurred on Twitter and they are open to hearing from everyone. https://twitter.com/CoinMarketCap/status/1110401659409219585
plr
member
Activity: 1162
Merit: 24
March 28, 2019, 06:18:29 PM
#3

The gap is very wide but I notice their list is very limited compared to coinmarketcap that it has long list of active project they better add more coins that is performing well in the market not only the top 50, but I like the transparency, this is another good option.
hero member
Activity: 1722
Merit: 895
March 28, 2019, 05:56:36 PM
#2
I don't understand how to say this is a web app for checking volume and prices, but not mentioning all the exchanges listing a coin I take the ethereum example. After a fairly high volume is on latoken but when I look for latoken I can't find it?
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
March 28, 2019, 04:16:23 PM
#1
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