We as a community must boycott Coinmarketcap.com

Findingnemo

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Bitcoin = Financial freedom

Quote from: carlfebz2 on October 13, 2020, 04:37:31 PM

Quote from: Findingnemo on October 13, 2020, 01:30:42 PM

Coinmarketcap is now owned by the binance so it nullifies the advice from OP and not much to discuss that because the usage of coinmarket cap increased a lot over the years and its not really a reference for anything just to get everything at one place but the user has to put their effort for further researches about the project or coin or exchange once they identify it on coinmarketcap.

Coinmarketcap had already been bought by Binance which is really very unexpected and now it isnt really an issue for them to be boycott or something because they wont really do
anything stupid since its really tied up into their current exchange reputation and if something shady do happen then we know on what would be the possible damage
that it can be done into their reputation.

There are lots of similar sites like CMC but i cant really just tell on why the hell i do end up on using this ever since i do touched the ground of crypto market.

Ive been using these all over the years when i do tend to check out the entire market situation or the coins or projects that i've been holding.Everything you can check it out
but its always been suggested to make up more search if you do still have on doubts.

Coinmarketcap too had lot of errors in terms or price reported so they just blatantly report everything what exchanges are giving and now the things changed but not a lot, still it is a free service so we can't completely rely on them for our decisions related to crypto trades.

carlfebz2

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Quote from: Findingnemo on October 13, 2020, 01:30:42 PM

Coinmarketcap is now owned by the binance so it nullifies the advice from OP and not much to discuss that because the usage of coinmarket cap increased a lot over the years and its not really a reference for anything just to get everything at one place but the user has to put their effort for further researches about the project or coin or exchange once they identify it on coinmarketcap.

Coinmarketcap had already been bought by Binance which is really very unexpected and now it isnt really an issue for them to be boycott or something because they wont really do
anything stupid since its really tied up into their current exchange reputation and if something shady do happen then we know on what would be the possible damage
that it can be done into their reputation.

There are lots of similar sites like CMC but i cant really just tell on why the hell i do end up on using this ever since i do touched the ground of crypto market.

Ive been using these all over the years when i do tend to check out the entire market situation or the coins or projects that i've been holding.Everything you can check it out
but its always been suggested to make up more search if you do still have on doubts.

Findingnemo

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Bitcoin = Financial freedom

Coinmarketcap is now owned by the binance so it nullifies the advice from OP and not much to discuss that because the usage of coinmarket cap increased a lot over the years and its not really a reference for anything just to get everything at one place but the user has to put their effort for further researches about the project or coin or exchange once they identify it on coinmarketcap.

Shallow

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SmartFi - EARN, LEND & TRADE

To boycott coinmarketcap, seriously? And if we boycott coinmarketcap which should we go to, Coingecko? Both are the same just that the difference is that coinmarketcap is bigger. All the other ones listed, I hardly hear about them so I won't say they are renowned.
However, it is true that coinmarketcap have its limitations and shortcomings but till date it still remains the best and tries to offer more data than its Counterparts so I think boycotting it won't solve anything. Also, most projects uses coinmarketcap to gain more exposure; if you hear about a coin the first place that comes to mind in checking its price, listed exchange etc is coinmarketcap. Therefore you can see that irrespective of its shortcomings, it is still serving a purpose while in order to ascertain the true data of a project, you can visit the listed exchange to check for yourself.

darkphoenix2610

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Quote from: laredo7mm on April 29, 2018, 05:56:33 PM

The only problem I have with coinmarketcap is that they sometimes show old price for some exchanges - if you click the Markets tab you get the list of exchanges offering trading pairs with desired altcoin. And sometimes those prices are not completely fresh so when you check the actual price on exchange, there is different price than it was shown on coinmarketcap.

Coinmarketcap is good I've been using it for quite sometime, but I would recommend you guys check the newest and leading cryptocurrency monitoring https://crypto.co/. It provides the most reliable source for the price, chart, marketcap, and other information of a token or coin. They are also providing the most detailed cryptocurrency news. Their mission is to help those cryptocurrencies holders to have a depth understanding of cryptocurrency.

Taskford

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Quote from: JeromeTash on August 31, 2020, 03:31:12 PM

Been using coingecko for a while now. I stopped using coinmarketcap somewhere in 2018 and even removed all the bookmarks on all my browsers. What pissed me off was how they would list and highly rank scam exchanges based on the daily trading volume.

That is the most outrageous thing they do and that totally disappoints me since even the community tells about that situation still the developers choose to let them stay and those scam exchanges are still on the top so maybe I'm thinking to stop using it and choose coingecko as the community tells that it is good option aside from CMC.

JeromeTash

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Heisenberg

Been using coingecko for a while now. I stopped using coinmarketcap somewhere in 2018 and even removed all the bookmarks on all my browsers. What pissed me off was how they would list and highly rank scam exchanges based on the daily trading volume.

mohucool

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Radix-The Decentralized Finance Protocol

I don't use cmc since last 4-5 months ,i use mostly coingecko, i have also stopped using blockfolio as they also have been acquired by some exchange. I use Coingecko for all price info related data in my blog site. Hoping Coingecko won't do any silly mistakes else I would have to again change the data provider in my site , earlier I used to put cmc price data in my site ,but now i only use Coingecko data.
Check my site - https://www.cryptomaniac.in

ice18

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Quote from: RussianEnglishTranslation on August 24, 2020, 12:01:42 PM

We don't have to boycott CMC, most people are using Coingecko these days.

I shift on using Coingecko few months ago CMC has really bad support according to some project owners who needs to updates their projects and the support is one of the worst in the world while Binance is one of the best exchange, cmc must also deliver such best service to users.

imstillthebest

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Quote from: RussianEnglishTranslation on August 24, 2020, 12:01:42 PM

We don't have to boycott CMC, most people are using Coingecko these days.

most users that are now using coingecko do also started on coinmarketcap but because of the visible issues of cmc , this makes them uncomfortable and they finally switch but now that binance owned cmc .

there should be fixes now and they do want to bring back the old site . no need to boycott cmc indeed .

Chlotide

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Quote from: ultrloa on August 23, 2020, 08:29:13 AM

It's business so expect to have this issues if you think yhis is an issue, maybe we should see first if the coin or token really worth to be listed since if it will be added on first exchange and doing a good job for sure the CMC and other big exchange will find them a good asset to be listed on their platforms. We should also know that there are so many scams out there and you can't blame the platform to became more stricter and asking for payments since they deserve that CMC is big site and they have there own rules so for those who want to get listed they should follow it.

I don't expect everyone to understand what I mean.
You go on CMC just to check the coin/token for your next sig campaign.
Once you have a project or you talk directly with the owners and devs of a certain coin you will find out how far the rabbit hole goes. All the good, the bad and the ugly things.

If saying it's free and asking for bribe or exchanges delisting coins that paid to get listed and were not told of any volume requirements at first "just business" I wouldn't want to do business with people like you.

For the end user these are not visible or not important. However these things need to change, that's for sure!

RussianEnglishTranslation

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We don't have to boycott CMC, most people are using Coingecko these days.

Renampun

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Catalog Websites

I personally don't really see any big problems with CMC...
they do business, we can't do anything, not only is CMC most likely doing the dirty work, other rating sites are sure to do it too.

Quote from: poorgrammer on April 21, 2018, 10:50:21 PM

even BINANCE has their own repo of marketcaps individually calculated and updated according to their information.

Coinmarketcap is a subsidiary of Binance which was bought last April by Binance...

ultrloa

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Quote from: Chlotide on August 21, 2020, 08:07:54 AM

I also know of coins that wanted to get listed on exchanges. The exchange said you need to be on CMC first. Then CMC said you need to be listed on exchanges first

After over half an year back and forth they found a rusian guy they paid some BTC and got then in CMC within days (and you thought it's free... lol )
Also exchanges that de-list coins due to low volume and then propose their in-house market maker for $3k per month.

It really is a jungle out there. Sorry to hear about your experience with them but does not surprise me at all.

It's business so expect to have this issues if you think yhis is an issue, maybe we should see first if the coin or token really worth to be listed since if it will be added on first exchange and doing a good job for sure the CMC and other big exchange will find them a good asset to be listed on their platforms. We should also know that there are so many scams out there and you can't blame the platform to became more stricter and asking for payments since they deserve that CMC is big site and they have there own rules so for those who want to get listed they should follow it.

Chlotide

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I also know of coins that wanted to get listed on exchanges. The exchange said you need to be on CMC first. Then CMC said you need to be listed on exchanges first

After over half an year back and forth they found a rusian guy they paid some BTC and got then in CMC within days (and you thought it's free... lol )
Also exchanges that de-list coins due to low volume and then propose their in-house market maker for $3k per month.

It really is a jungle out there. Sorry to hear about your experience with them but does not surprise me at all.

BitcoinFX

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https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

(Re)-posting here as the main CoinMarketCap thread is 'locked' ...

CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
- https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685

Quote from: BitcoinFX on August 20, 2020, 03:29:45 AM

To whom it may concern,

Coinmarketcap - https://coinmarketcap.com/currencies/gapcoin/ - stopped tracking Gapcoin <> BTC when we were de-listed from defunct exchanges.

I've contacted them for full relisting and to link our new exchanges, but they require a $1000 avg. daily trading volume, which is fairly hard to achieve when your stuck in this chicken and egg altcoin limbo situation i.e. no exchange listing = no volume etc.,

Quote from: BitcoinFX on August 19, 2020, 05:04:30 PM

Quote from: YuSoDum on August 19, 2020, 03:49:43 PM

$1000 average over how long?

I mean technically if someone wanted to trade back and forth(granted they had enough gapcoin), we could theoretically accomplish that with a few people trading back and forth..Yes there is risk involved and the possibility of losing some monetary value is there but....

Coinmarketcap - https://coinmarketcap.com/currencies/gapcoin/ - stopped tracking Gapcoin when we were de-listed from defunct exchanges.

I've contacted them for full relisting and to link our new exchanges, but they require a $1000 avg. daily trading volume, which is fairly hard to achieve when your stuck in this chicken and egg altcoin limbo situation i.e. no exchange listing = no volume etc.,

Over 24 hours ... 7 days a week? Who knows exactly ...?

This situation is not actually acceptable.

CoinMarketCap is presenting long-term incorrect information in regards to the Gapcoin project. I have now notified them more than twice about this with a spacing of 3 to 6 months or more.

They are restricting price movement and free markets as the exchange rate is held static with the last price point they last tracked ...

Feb 6th 2019.
- https://coinmarketcap.com/currencies/gapcoin/

They even currently track the Freiexchange API where Gapcoin is listed https://coinmarketcap.com/exchanges/freiexchange/ - but they don't track Gapcoin!

Again, CoinMarketCap is presenting additionally incorrect and miss-leading information about Gapcoin, despite being notified otherwise ...

"Hybrid - PoW & PoS" X
"Scrypt" X
"Inactive" X

Nope.

"Custom PoW - Prime Gaps"
"Active"

Time for Gapcoin Club to get some legal representation and send out some pretty pieces of headed note paper methinks ...

Relevant screenshots taken.

Moreover, Coinmarketcap seems to of 'outed' and maligned Gapcoin in favor of listing this token ... GAP(S). We are not associated with this project.

- hxxps://coinmarketcap.com/currencies/gaps/

- hxxp://gapschain.io - Again, we are not associated with this project.

The expanded Tab for their website above touts 'GAP COIN' - and currently clicking it states "coming soon!" ...

Contacting them as well. We clearly had the crypto-ticker first. A 'friendly' cease and desist notice will also likely be sent to gapschain in this regard.

dollarneed

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Just finished reading the article, thanks btw for sharing this. I'm surprised that they did this to the community kinda disappointed with them. Cmn is one of my favorite site that I visit everyday, checked every coins that I'm holding on. Just wondering how could this is not viral? More people have to know about this issue. I guess we have to look for another, never make only one site as a reference.

kingshahi297

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We have to be more careful now

BTCappu

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Quote from: Sadlife on April 30, 2018, 11:33:17 PM

There are other alternatives besides coinmarketcap to avoid some misinformation shared by cmc people should look for discrepancy from other site. Trading platforms for example shares real time data on altcoin prices and btc price so there is no need to use coinmarketcap to look up the price. And for the coins background i believe we can use google for that.

You will find so many things in the world of the crypto currency whose only motive will be to deceive you and to mislead you so that you may not be able to choose the right thing and that you end up losing your money or fall victim of any of their fraud scheme. You need to be very aware of each and everything which you will do and that you need to stay away from any such thing which can result in loss of money.

yojodojo21

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This one is probably a bias situation, Why do we have to boycott the coinmarketcap? Different traders has different points of view and strategy how to make money roll, actually a good trader and investor does not stay in just one place to rely on, let's say calculation has some difference to other exchange site but it depends on the situation.

buwaytress

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Quote from: Thian778 on April 30, 2018, 03:49:22 PM

If you are not satisfied with one exchange or any site, then you might just need to look for another, since it's there site not ours we only use theirs, so it is like a bus, if you don't want the bus no. 1-5 then wait for 6-10 if this meet your satisfactory,, or create your own!! Shocked

Just kidding, look for another sites and don't use their service, that's all. Easy Life.

Amen to that. I mean, look, I'm probably just as displeased to find out things like that - but you'd have to be naive to think that everyone out there in the Bitcoin (and crypto) market has an altruistic spirit. At the end of the day, profits are their objective and they'll do whatever they need to cross that line. It's like Facebook and all that crap, I can understand the outrage when people found out but what did they think FB was doing with their data? And what do you think CMC gets from providing all that information?

There's no need to boycott anything. Find something else you like, and use it. That's how it was with Bitcoin too.

Sadlife

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There are other alternatives besides coinmarketcap to avoid some misinformation shared by cmc people should look for discrepancy from other site. Trading platforms for example shares real time data on altcoin prices and btc price so there is no need to use coinmarketcap to look up the price. And for the coins background i believe we can use google for that.

Kemarit

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Quote from: npredtorch on April 30, 2018, 04:31:33 PM

Problem with articles like this are it's too little for a change. Yes it can be heard but, only a few people will be pleased to boycott CMC.
Until no visible or famous person support this act, it cannot put out CMC on the first place rank for a marketcap site.

Also, I find this as an indirect scam and probably there is some people which might find this as invalid.

And I think this is not the first time we have boycotting coinmarketcap as far as I can remember. There was a similar move last year if I'm not mistaken, when they started to promote Ponzi scheme in their site. But nothing happens though, as we all know that this is business for them, as long as the project is paying, they will advertised it even if others will call it a Ponzi or scam project. So to be honest, I think there will be a lot of us here going to check coinmarketcap no matter what, although there's a lot of alternatives though.

llordheiros

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Haven't tried to use it tho.. I'm more like using Binance and Merca.. Tho, I'm watching future exchanges like CryptoHit.

npredtorch

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Problem with articles like this are it's too little for a change. Yes it can be heard but, only a few people will be pleased to boycott CMC.
Until no visible or famous person support this act, it cannot put out CMC on the first place rank for a marketcap site.

Also, I find this as an indirect scam and probably there is some people which might find this as invalid.

Thian778

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If you are not satisfied with one exchange or any site, then you might just need to look for another, since it's there site not ours we only use theirs, so it is like a bus, if you don't want the bus no. 1-5 then wait for 6-10 if this meet your satisfactory,, or create your own!! Shocked

Just kidding, look for another sites and don't use their service, that's all. Easy Life.

iv4n

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Quote from: robynmario on April 30, 2018, 03:10:58 AM

I'm not sure about that. It depends on the decision of each person. Although CMC has a lot of leaks and rumors about issues related to "virtual price". However, for me, it is still a daily routine to track and care about market volatility with clean charts. You can "boycott" the CMC if you feel it is necessary but it will still be an important element for many in the crypto community.

I agree with you, who wish to boycott cmc can do it, but that's not some big deal if you ask me. Maybe cmc have some role to some people, but I use it just for informations and mostly for new coins to see on which markets I can find that coin and pairs, I check prices but I trust more in prices on exchanges I use. Who trade actively on more sites knows that prices aren't same everywhere, so checking prices is better to do directly on places where you trading.
I will continue to use cmc when I need it, why not. Maybe they are manipulate with some info, but I don't care, until now with coins I trade I didn't notice nothing, prices were always similar. I have read on some places about what they did and as I understood they will fix that "mistakes" they have been made, we will see.

Wipro

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Quote from: Cryptoteleutios on April 30, 2018, 01:27:46 PM

Coinmarketcap was the first platform that brought so easily many new members of the crypto community. Bitcoin Forum is not a forum in which, even democratically can the majority impose their will on something. I see BTT more the most accurate and neutral foundation over cryptoworld. In a way, the Switzerland of the cryptoworld

Bitcointalk forum where comes to the discussion while taking about coinmarketcap mate. Both are different varient one, you cannot compare this both in one platform mode. I do not think you need to against the CMC.
It is most helpful platform for the traders and normal crypto holders.
If you want to analyze your crypto currency value and keep using CMC nothing can work like this one.

Cryptoteleutios

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Coinmarketcap was the first platform that brought so easily many new members of the crypto community. Bitcoin Forum is not a forum in which, even democratically can the majority impose their will on something. I see BTT more the most accurate and neutral foundation over cryptoworld. In a way, the Switzerland of the cryptoworld

robynmario

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I'm not sure about that. It depends on the decision of each person. Although CMC has a lot of leaks and rumors about issues related to "virtual price". However, for me, it is still a daily routine to track and care about market volatility with clean charts. You can "boycott" the CMC if you feel it is necessary but it will still be an important element for many in the crypto community.

leea-1334

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Temporary forum vacation

This is called decentralization in a sense, or democracy of choice. Boycott coinmarketcap is not necessary as long as many other sources as you mentioned and even others are taken into account. Bear in mind in China and Russia also people use other sources because of language and location, not everyone is using coinmarketcap as you think and not every traffic is counted in the internet spaces we are accustomed to.

laredo7mm

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The only problem I have with coinmarketcap is that they sometimes show old price for some exchanges - if you click the Markets tab you get the list of exchanges offering trading pairs with desired altcoin. And sometimes those prices are not completely fresh so when you check the actual price on exchange, there is different price than it was shown on coinmarketcap.

FreeOxen

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Guess you have to take all information you read with a grain of salt. Data can always be manipulated by anyone.

poorgrammer

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Quote from: Tenderino on April 22, 2018, 06:25:26 PM

I did not read the article you have posted, can you please give a more detailed overview about what you are saying here? I regularly take a look at coinmarketcap to see the prices, but do not read any articles there, so I do not know how they influence the prices. They might have some insider knowledge if they receive secret infomation about altcoin projects and can make usage of it, but yu see the prices live and can instantly act.

i would suggest reading the article... it provides extensive evidence about coinmarketcap manipulating perception of coins by refusing to update or deliberately listing inaccurate info regarding supply or project links...

there is no reason for me to slander coinmarketcap, i just believe as a community we put too much stock in their information and take it as god's word that it is true.

BillCoin

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I don't think that they did it on purpose, it's their system that is too hold to handle this highly manipulated markets and it's just let them enter the average price.
I would avoid using their api in any mean anyways, because it's completely unstable, but for personal use it can't make a lot of damage.
Personally I am using CryptoCompare because the UI is much better for long run looking, but I am not mad at coinmarketcap or something like that. If you don't like it don't use it.

13abyknight

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Indeed, very shady behaviour on the part of CoinMarketCap as they show no sign of stopping even after being called out multiple times. No wonder there is a substantial difference while comparing its stats to websites like CryptowWatch and CoinLoop. This should be brought to attention of the public and a PSA would be the perfect way to go around it.

bob123

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Quote from: poorgrammer on April 21, 2018, 10:50:21 PM

there's so many other sites
onchainfx
coinloop
spirai
cryptowatch

Links to each site (for easier access):

CMC seems to do quite some shady stuff.
I, for my part, already have stopped using CMC completely due to the accusations and wrong and incomplet price/supply information.

pinkflower

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This is nothing more than a smear campaign from Coinmarketcap's competitors until there proof that those accusations have happened or are happening. Why dont the accusers declare their identities in public and own up to the libel charges if they are proven wrong.

Tenderino

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I did not read the article you have posted, can you please give a more detailed overview about what you are saying here? I regularly take a look at coinmarketcap to see the prices, but do not read any articles there, so I do not know how they influence the prices. They might have some insider knowledge if they receive secret infomation about altcoin projects and can make usage of it, but yu see the prices live and can instantly act.

Hamphser

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Quote from: Wipro on April 22, 2018, 03:15:13 PM

Quote from: poorgrammer on April 21, 2018, 10:50:21 PM

https://medium.com/@coinmarketcapped/intro-how-coinmarketcap-cmc-manipulates-the-market-by-showing-fraudulent-information-to-the-c1246a953144

after reading this article i think we as a community need to boycott cmc. they control the narrative for so many coins and the market is totally oblivious. its easy for them to update 'inaccurate information' at a convenient time to boost the marketcap of the coin. this is incredibly sketchy!! they are probably insider trading.

the fact that we all use coinmarketcap as our de facto standard for marketcap metric is not healthy in the market for one organization to hold this much power. what about a blockchain solution for ranking system for all blockchain projects?! see audit of all coins..

there's so many other sites
onchainfx
coinloop
spirai
cryptowatch
even BINANCE has their own repo of marketcaps individually calculated and updated according to their information.

don't even get me started on why we should total supply (not circulating) to calculate marketcap. what do u think? is coinmarketcap legit?

There is no valid reason you guys are saying here to boycott the CMC. From the starting time to now. No one reason or problem has been done with any people. I do not know these shared websites are legit or not.
But I believe this website is always for any new cryptocurrency investors.
People really wanna use the best site find the top cois in the market. Except this nothing works better mate.

I dont know whats on their minds and what they are trying to prove or fight on here about CMC. It might have some issues but not generally a big thing just on my part.I dont know for others but those are just on minimal. CMC would still remain on its spot on where it is commonly used as it should be.If you dont like to use CMC anymore due to such issue you can leave anytime yet there are alternatives in the market which do have similar function.

palle11

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I didn't see the site performing below standard. Except for few things which are almost same in other sites.

Quote from: Ethan Manson on April 22, 2018, 02:40:32 PM

I would have to agree. The fact that they don't take into account coins yet to be introduced into the circulating supply.

I just hope that this is possible, if that could be done so monitoring of coin before they enter cmc will be nice.

Wipro

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Quote from: poorgrammer on April 21, 2018, 10:50:21 PM

https://medium.com/@coinmarketcapped/intro-how-coinmarketcap-cmc-manipulates-the-market-by-showing-fraudulent-information-to-the-c1246a953144

after reading this article i think we as a community need to boycott cmc. they control the narrative for so many coins and the market is totally oblivious. its easy for them to update 'inaccurate information' at a convenient time to boost the marketcap of the coin. this is incredibly sketchy!! they are probably insider trading.

the fact that we all use coinmarketcap as our de facto standard for marketcap metric is not healthy in the market for one organization to hold this much power. what about a blockchain solution for ranking system for all blockchain projects?! see audit of all coins..

there's so many other sites
onchainfx
coinloop
spirai
cryptowatch
even BINANCE has their own repo of marketcaps individually calculated and updated according to their information.

don't even get me started on why we should total supply (not circulating) to calculate marketcap. what do u think? is coinmarketcap legit?

There is no valid reason you guys are saying here to boycott the CMC. From the starting time to now. No one reason or problem has been done with any people. I do not know these shared websites are legit or not.
But I believe this website is always for any new cryptocurrency investors.
People really wanna use the best site find the top cois in the market. Except this nothing works better mate.

Pearls Before Swine

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Boycott it if you like, it's up to you. Never used it myself and it escapes me why people put so much stock in a coin's market cap. Even in the stock market it's a metric that doesn't get obsessed over like crypto people do. For any given coin it's a value that's going to change wildly with price.

The price of a coin, in my opinion, is all you need to know about any crypto. The price reflects demand, and the only thing that moves a coin price is supply and demand.

If the allegation is that coinmarketcap is manipulating data (or even markets), make a formal scam accusation. This would not be shocking, though.

Ethan Manson

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I would have to agree. The fact that they don't take into account coins yet to be introduced into the circulating supply when calculation overall market cap created a really twisted view on the market. Its also very misleading for new retail investors that have yet to do the research into how market cap is calculated. There is something to be said for learning the hard way but I think 'best practices' need to be introduced for the space to grow

poorgrammer

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https://medium.com/@coinmarketcapped/intro-how-coinmarketcap-cmc-manipulates-the-market-by-showing-fraudulent-information-to-the-c1246a953144

after reading this article i think we as a community need to boycott cmc. they control the narrative for so many coins and the market is totally oblivious. its easy for them to update 'inaccurate information' at a convenient time to boost the marketcap of the coin. this is incredibly sketchy!! they are probably insider trading.

the fact that we all use coinmarketcap as our de facto standard for marketcap metric is not healthy in the market for one organization to hold this much power. what about a blockchain solution for ranking system for all blockchain projects?! see audit of all coins..

there's so many other sites
onchainfx
coinloop
spirai
cryptowatch
even BINANCE has their own repo of marketcaps individually calculated and updated according to their information.

don't even get me started on why we should total supply (not circulating) to calculate marketcap. what do u think? is coinmarketcap legit?

Topic: We as a community must boycott Coinmarketcap.com (Read 731 times)