Was coinmarketcap hacked? - page 2. | Bitcointalksearch.org

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: ~Money~ on August 03, 2018, 12:33:39 PM

Quote from: KingScorpio on August 03, 2018, 11:53:47 AM

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

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

olumyd

full member

Activity: 658

Merit: 117

Does anyone know how long the error lasted? Some had to profit from this. Especially from those who depend on CMC for info

Gaaara

hero member

Activity: 1106

Merit: 501

Quote from: ankutsa_temp on August 03, 2018, 11:41:51 AM

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.

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: ~Money~ on August 03, 2018, 12:39:50 PM

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.

~Money~

hero member

Activity: 1132

Merit: 536

Quote from: ~Money~ on August 03, 2018, 12:39:50 PM

something strange, it seems one of big exchanges had smoething wrong and CMC has pulled prices by their API
....

more information on issue:

Silenox

full member

Activity: 546

Merit: 122

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.

~Money~

hero member

Activity: 1132

Merit: 536

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

charlotte04

full member

Activity: 504

Merit: 102

Quote from: ankutsa_temp on August 03, 2018, 11:34:35 AM

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.

~Money~

hero member

Activity: 1132

Merit: 536

Quote from: KingScorpio on August 03, 2018, 11:53:47 AM

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

The Cryptovator

legendary

Activity: 2282

Merit: 2196

Signature space for rent

Quote from: ankutsa_temp on August 03, 2018, 11:34:35 AM

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.

umar22pk

full member

Activity: 602

Merit: 100

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.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: LeGaulois on August 03, 2018, 12:04:47 PM

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

dillema018

member

Activity: 214

Merit: 20

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

That was really crazy. All my coins were hitting the moon and I taught I was going to be rich soon. Hahaha

ralph_0608

full member

Activity: 406

Merit: 104

Quote from: ankutsa_temp on August 03, 2018, 11:34:35 AM

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.

demenBTC

sr. member

Activity: 742

Merit: 251

PRIVATE FEDERATED BLOCKCHAIN

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

Paldo.io 🤖

Quote from: KingScorpio on August 03, 2018, 12:01:27 PM

Quote from: mk4 on August 03, 2018, 11:55:41 AM

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.

Quote from: BitMaxz on August 03, 2018, 12:07:06 PM

Quote from: mk4 on August 03, 2018, 11:55:41 AM

~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.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

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.

BitMaxz

legendary

Activity: 3374

Merit: 3095

BTC price road to $80k

Quote from: mk4 on August 03, 2018, 11:55:41 AM

~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.

Fika15

newbie

Activity: 64

Merit: 0

lol it's seem not hacked but market bug or bot trading on some exchange

Topic: Was coinmarketcap hacked? - page 2. (Read 470 times)