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Topic: Was coinmarketcap hacked? - page 2. (Read 498 times)

sr. member
Activity: 1470
Merit: 325
August 03, 2018, 12:04:15 PM
#33

CMC sucks.

its extremly corrupt and the exchanges they orient bitcoin on have a low volume

the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes.

i bet soon they all will have completely different coins  Grin

i think CMC is among those whales whom change the prices, maybe they did mistake by showing future prices  Cheesy Cheesy Cheesy

yes, what they desire, but decentralisation of the market indexes is also progressing wont be that easy in the future, especially with this lost of trust that echoed all over social media
full member
Activity: 658
Merit: 117
August 03, 2018, 11:48:34 AM
#32
Does anyone know how long the error lasted? Some had to profit from this. Especially from those who depend on CMC for info
hero member
Activity: 1106
Merit: 501
August 03, 2018, 11:47:32 AM
#31
almost all altcoins were like listed with 300% - 800% changes.
but it seems to be back to normal now. only vechain is -90%.



There is a possibility that it is only a temporary bug, I think after few hours or days the vechain will back to normal after some troubleshooting I don't see any reason for it to be hacked though but a bug is what I think happen and it is more of a possibility rather than it being hacked.
legendary
Activity: 1638
Merit: 1001
August 03, 2018, 11:45:45 AM
#30
something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API

Quote
CoinMarketCap
We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly.

https://twitter.com/CoinMarketCap/status/1025407887907192832

They recently implemented a new features (pro API for example). Maybe something went wrong because of this.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 11:44:40 AM
#29
something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API
....

more information on issue:

full member
Activity: 546
Merit: 122
August 03, 2018, 11:41:21 AM
#28
CoinMarketCap is a good reference, but total capitalization is not the best way to analyze a token as I see it, the daily volume is a clearer sign of interest in the project. If a daily / weekly / monthly volume ranking was made, it would portray the market better.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 11:39:50 AM
#27
something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API

Quote
CoinMarketCap
We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly.

https://twitter.com/CoinMarketCap/status/1025407887907192832
full member
Activity: 504
Merit: 102
August 03, 2018, 11:35:44 AM
#26
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??

Now what would they hack in coinmarketcap? Are there any valuable things in there? But maybe they hacked it for them to people see it to sell or to buy something in hype.
hero member
Activity: 1132
Merit: 536
August 03, 2018, 11:33:39 AM
#25

CMC sucks.

its extremly corrupt and the exchanges they orient bitcoin on have a low volume

the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes.

i bet soon they all will have completely different coins  Grin

i think CMC is among those whales whom change the prices, maybe they did mistake by showing future prices  Cheesy Cheesy Cheesy
legendary
Activity: 2408
Merit: 2226
Signature space for rent
August 03, 2018, 11:18:17 AM
#24
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??

Not hacked but there was bug. I think already solved. It might be happened due to bug.
full member
Activity: 602
Merit: 100
August 03, 2018, 11:16:18 AM
#23
It could be a hacker attack but should be a technical problem instead of hacker attack.
I observe only on coinmarketCap but not on any other platform or exchange.
sr. member
Activity: 1470
Merit: 325
August 03, 2018, 11:15:40 AM
#22
It's just a technical problem which can happen to any index. Don't you think if it was really hacked, the guy would have better to do than that? It doesn't worth to hack the website just to change some values, come on. Don't spread this kind of rumor

jes ohm deliberate technical issues to manipulate the market according to ones interests.

you know what we should have for each coin its own index. wher the coin takes only those exchanges where it is traded for the proper expensive price. so the masses think the coin is still valuable  Roll Eyes
member
Activity: 214
Merit: 20
August 03, 2018, 11:14:55 AM
#21
Something went wrong in the coinmarketcap i taught btc was pump but just a fake news but i think everything was okay now and back to normal it was so surprising to see that taught that it was a bull run but just a false alarm so i immediately look into tab trader but it was too far the value in cmc.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
August 03, 2018, 11:12:30 AM
#20
That was really crazy. All my coins were hitting the moon and I taught I was going to be rich soon. Hahaha
full member
Activity: 406
Merit: 104
August 03, 2018, 11:09:30 AM
#19
I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
I wad also surprised a sudden increased in bitcoin, ethrium and other alt coins I thought there was a quick huge pump as markep cap increase quickly and bitcoin price increase almost 1 thousand u.s. dollar.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
August 03, 2018, 11:09:23 AM
#18
after reading the various posts here I immediately check CMC but all there is nothing strange, all data goes as it should be
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
August 03, 2018, 11:07:49 AM
#17
I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.

it should be a warning for all that coinmarketcap manipulated the prices by defining where a legit transaction happened and where not.

I'm not going to defend coinmarketcap here, but CMC sure can do anything they can want to their charts. The reason they excluded some exchanges is because of some of these exchanges having no fees, hence they could easily fake the volume of some coins/tokens. Though people need to understand that CMC isn't the only site for coin/token prices.

~snip~
Or the other reason it maybe because of the larger bitcoin correction? I just heard it from news article in the past few hours and I think this is the reason of the price fluctuate but when checking it with live chart from bitcoinwisdom and cryptowat.ch I don't see  a big fluctuate in few minutes or hours so this is only CMC glitch.
Bitcoin correcting in price shouldn't likely end up causing ETH to rise 20% in price though. So yeah, definitely something's wrong.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
August 03, 2018, 11:07:15 AM
#16
CoinMarketCap tweeted this 18mins ago as of this posting:

"We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly."

Upon seeing the site just now, looks like it came back to normal now.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
August 03, 2018, 11:07:06 AM
#15
~snip~
Or the other reason it may be because of the larger bitcoin correction? I just heard it from a news article in the past few hours and I think this is the reason of the price fluctuate but when checking it with the live chart from bitcoinwisdom and cryptowat.ch I don't see a history of big fluctuate in the past few minutes or hours so I think this is only CMC glitch.
newbie
Activity: 64
Merit: 0
August 03, 2018, 11:06:56 AM
#14
lol it's seem not hacked but market bug or bot trading on some exchange
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