Shouldn't coinmarketcap delist "dead" coins?

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Febo on September 20, 2018, 11:15:11 AM

Quote from: diouf67 on September 17, 2018, 07:05:44 AM

Quote from: Febo on September 16, 2018, 02:55:02 PM

Quote from: bitekoin on August 14, 2018, 08:20:45 AM

Shouldn't coinmarketcap delist "dead" coins?

Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.

Why don't these sites remove such coins?

Real decentralized crypto coins are really hard to kill.

Coinmarketcap should sort crypto way better. Now all is in one bag although crypto listed there is like day and night.

I know of one token and one crypto coin that although should be listed on coinmaretcap are not. So it seems now is much harder to enter coinmarketcap.

It's actually now easier than it's ever been to list on CMC as they removed the trading volume. Really now all a coin has to do is be legit, provide relevant documentation and be listed on at least 1 exchange (as recognised by CMC). If a coin isn't on there then it's probably just because they're being slow in reaching out to CMC

I reached CMC now. Will see how fast they will be with listing it. This token was distributed in May. So is traded for almost 5 months already.

I got coin listed in 2 days. https://coinmarketcap.com/currencies/robotina/

Is just pathetic from this Robotina noobs. Guy that was doing escrow got for $300k coins and many others got lots free coins, but they are so lazy to not be able in 4 months get to coinmarketcap that took me 2 days.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: diouf67 on September 17, 2018, 07:05:44 AM

Quote from: Febo on September 16, 2018, 02:55:02 PM

Quote from: bitekoin on August 14, 2018, 08:20:45 AM

Shouldn't coinmarketcap delist "dead" coins?

Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.

Why don't these sites remove such coins?

Real decentralized crypto coins are really hard to kill.

Coinmarketcap should sort crypto way better. Now all is in one bag although crypto listed there is like day and night.

I know of one token and one crypto coin that although should be listed on coinmaretcap are not. So it seems now is much harder to enter coinmarketcap.

It's actually now easier than it's ever been to list on CMC as they removed the trading volume. Really now all a coin has to do is be legit, provide relevant documentation and be listed on at least 1 exchange (as recognised by CMC). If a coin isn't on there then it's probably just because they're being slow in reaching out to CMC

I reached CMC now. Will see how fast they will be with listing it. This token was distributed in May. So is traded for almost 5 months already.

diouf67

full member

Activity: 260

Merit: 104

Quote from: Febo on September 16, 2018, 02:55:02 PM

Quote from: bitekoin on August 14, 2018, 08:20:45 AM

Shouldn't coinmarketcap delist "dead" coins?

Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.

Why don't these sites remove such coins?

Real decentralized crypto coins are really hard to kill.

Coinmarketcap should sort crypto way better. Now all is in one bag although crypto listed there is like day and night.

I know of one token and one crypto coin that although should be listed on coinmaretcap are not. So it seems now is much harder to enter coinmarketcap.

It's actually now easier than it's ever been to list on CMC as they removed the trading volume. Really now all a coin has to do is be legit, provide relevant documentation and be listed on at least 1 exchange (as recognised by CMC). If a coin isn't on there then it's probably just because they're being slow in reaching out to CMC

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: bitekoin on August 14, 2018, 08:20:45 AM

Shouldn't coinmarketcap delist "dead" coins?

Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.

Why don't these sites remove such coins?

Real decentralized crypto coins are really hard to kill.

Coinmarketcap should sort crypto way better. Now all is in one bag although crypto listed there is like day and night.

I know of one token and one crypto coin that although should be listed on coinmaretcap are not. So it seems now is much harder to enter coinmarketcap.

diouf67

full member

Activity: 260

Merit: 104

If they're really dead then there will be no trade volume and so there won't be any price changes on CMC. CMC is a site designed just to check market cap, volume etc. Just because they are 0 does not mean that this should not still be offered. What if someone wants to check on a coin they invested in a few years ago that's now at 0.

abstractednerve

hero member

Activity: 752

Merit: 500

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: terencio on September 16, 2018, 07:57:55 AM

If their is no volume within 6-8 months or year, I guess CMC should take actions and delist all this dead project not to confuse the newcomer in crypto and focus only on alts with volume.

But according to my observations they have never done that, Deadcoin or scam coin is still listed at coinmarketcap. I guess this to prove crypto is so varied and rich that people can find out all the information they need.

Cindykhato

newbie

Activity: 59

Merit: 0

Quote from: bitekoin on August 14, 2018, 08:20:45 AM

Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.

Why don't these sites remove such coins?

I think they have rules in removing those weak coins, this site only feeding data base on the movement of market trends. It's the investors responsibility if they will follow or not. Besides all crypto has a tendency to manipulate just to gain profits.

terencio

member

Activity: 742

Merit: 11

If their is no volume within 6-8 months or year, I guess CMC should take actions and delist all this dead project not to confuse the newcomer in crypto and focus only on alts with volume.

5ensei

full member

Activity: 728

Merit: 103

These deadcoins should definitely be delisted, exchange activity should not be the only criteria for listing, they should check social media aspects as well. If the bitcointalk threads have been abandoned along with twitter, FB, telegram, reddit, then there is no community, just a deadcoin waiting for a pump and dump group

Kelarid

newbie

Activity: 81

Merit: 0

Quote from: Vit83 on August 15, 2018, 09:03:08 AM

Also, there is another thing) If they will remove lots of coins and total market capitalization will fall) This will cause panic on the market like it was when they remove Korean exchanges from BTC price counting)

The dead coins will have low market cap. So it does not affect a lot.

Dragonrage201

full member

Activity: 630

Merit: 110

coinmarketcap biggest gainers and losers now does has a filter of minimum $50K volume over 24 hours that is supposed to filter some of the dead or useless coins. Always check the details of a coin before buying it based upon any listing site.

bellator66

newbie

Activity: 196

Merit: 0

In fact there are many traders who only trade these coins that you consider dead because they make a lot of money from them.
because altcoins that are traded on multiple exchanges and have a volume are actually not considered dead coins according to many investors.

Geleve

full member

Activity: 588

Merit: 104

i dont know what criteria they have for delisting coins but i know that they have some strict rules about both listing and delisting. coinmarketcap is one of the most trustable website to get information about crypto market. and we sometimes need information of dead coins too.

Jekbolt

member

Activity: 266

Merit: 20

I agree with the opinions that CMC should not delist neither altcoins or exchanges due to low volumes. The best way is to list everything so that investor (or other people) could:

1) find any altcoin on CMC in a convenient way;
2) Review all available info about found the altcoin by using verified links inside CMC;
3) Make own decision about the altcoin after reviewing its background and perspective. If the product/service related to this altcoin is a weak, then there is no reason to purchase it even if fake volume of trade is high.

BattleZeo

member

Activity: 350

Merit: 10

Global loyalty & rewards

Quote from: bitekoin on August 14, 2018, 08:20:45 AM

Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.

Why don't these sites remove such coins?

is some manipulating dead coins? There are bunches of useless coins and every one has own manipulator? I think infamous coin with small volume doesn’t mean they are dead coins.

Bencus

member

Activity: 265

Merit: 11

I agree, coinmarketcap should definately delist dead coins.
There is just no point listing them. If some coins get delisted, they might be listed again if the activity increases, so I see no point not doing so.

Klara_karlovna

member

Activity: 392

Merit: 70

Good question. Very often in the hero/zero see a strange no name coins. Who needs them. All Scam projects should also be removed. This will protect the newbies

davida

sr. member

Activity: 585

Merit: 250

Yes, they should delist these dead coins for more potential ones but I think there is a criteria that is used by these sites and it is considered before they will delist the coin from their site.

JCLee

full member

Activity: 280

Merit: 100

As I know so many dead coins removed on Coinmarketcap

. For example ULA, a cryptocurrency come from Vietnam, delisted on Coinmarketcap and for now you guys can't find it out on Coinmarketcap anymore

. I think you guys just need to wait cause it's not easy to check thousands cryptocurrency in few days or a single day only

.

evilsign

member

Activity: 280

Merit: 60

Too many coins and tokens that have been listed in coinmarketcap, maybe they have difficulty to overcome this problem. Although the requirements for listing on coinmarketcap are quite difficult, still they should manage the survival of coins or tokens that have been listed there and delist coins that are no longer active.

Topic: Shouldn't coinmarketcap delist "dead" coins? (Read 385 times)