Topic: What the shit is happening in CMC? (Read 700 times)
Maybe they allow it to happen for money and I have never believed in the trading volume displayed on Coinmarketcap. Teach yourself how to test credible exchanges that aren't too complicated, instead of depending on a platform that can be manipulated with money.
I think you're right. Binance is the most trusted exchange and should be ranked number 1 and not 13. Or maybe they have a good reason.
Thanks for the good laugh. Kicked out of several countries (China, Hong Kong, Japan and Malta) and now headquartered in the Cayman Islands a truly trusting place.
I agree that there is no such thing as a trustworthy exchange. But here you are mixing up two unrelated things. They were forced to move out of China and Hong Kong due to the hostile policies from the government regarding cryptocurrency. I am not a big fan of Binance... but we don't have that many options out there. The other exchanges are even worse.
I think you're right. Binance is the most trusted exchange and should be ranked number 1 and not 13. Or maybe they have a good reason.
Thanks for the good laugh. Kicked out of several countries (China, Hong Kong, Japan and Malta) and now headquartered in the Cayman Islands a truly trusting place.
Coinmarket is a suspect on this shitty game, exalting shitty and scam exchanges to the top and relegating good one to the bottom is fakenews. They can't feigns they don't understand what is going on in this market, and how some exchange fake trade with bot. I wanted to sell my Xbase on Idex so move fund to Binance, most of the buy orders were all fake trade by the bot, had to sell very cheap so I can pull off my fund from the dying project that has done more harm than good to its investors.
I think you're right. Binance is the most trusted exchange and should be ranked number 1 and not 13. Or maybe they have a good reason.
Very misleading, No wonder some new developers choose p2pb2b exchange as a top exchange, if CoinmarketCap can rate p2pb2b as a top exchange this will mislead many who don't know or hear anything about the exchange, CoinmarketCap can't be trusted anymore
Yes, only in this case it's not the coinmarketcap site that we can't trust, but the P2PB2B exchange that we can't trust because the exchange often creates fake volumes, making people who don't know it to be victims of P2PB2B.Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Coinmarket just lists the market capitalization of various cryptocurrencies and their volumes. They are not a reviewing site and therefore they can't label any of these exchanges as scam sites. Whether you like it or not, many of these exchanges have large volumes (although the figures may be rigged) and CMC is obliged to show the real numbers in their website.
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Sometimes that can't be explained in the words guys, maybe they have data that proves their trade is more fantastic than Binance, it could be because they dare to pay a lot for it so that the CMC easily installs it in my opinion it's not the fault of coinmarketcap, because coinmarketcap only provides information in accordance with existing data, so even though the exchange increases its volume by using bot (fake volume) it is still not the fault of coinmarketcap, because coinmarketcap only provides information on the exchange, so in my opinion coinmarketcap isn't wrong and doesn't provide false data or information.
But they should have the system to ensure as much correct data as possible. Coingecko have a lot of features which CMC don't have although CMC recently have added feature for liquidity which Coingecko showed before long time ago.
I completely agree with you, cmc adds various tokens or exchanges that simply boost volume by 100% and go to the first lines in the ranking and this does not concern anyone from the cmc team at all, so I myself stopped paying attention to it a long time ago because this makes no sense and no one will do anything with it.
yes, indeed, there are many who doubt the authenticity of the cmc data, because as you said, the exchange does not make sense to be above, the exchange is really real or there is a false volume.
I would advise you to use Coingecko where accuracy is still reliable.
I would advise you to use Coingecko where accuracy is still reliable.
I agree with you but sometimes we just can't put the whole blame on CMC maybe that could be a glitch or something like that. Trading volumes change so do the exchange rankings. But yes I must say CMC should improve their standards and systems to avoid such kind of glitches.
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
in my opinion it's not the fault of coinmarketcap, because coinmarketcap only provides information in accordance with existing data, so even though the exchange increases its volume by using bot (fake volume) it is still not the fault of coinmarketcap, because coinmarketcap only provides information on the exchange, so in my opinion coinmarketcap isn't wrong and doesn't provide false data or information.
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
in my opinion it's not the fault of coinmarketcap, because coinmarketcap only provides information in accordance with existing data, so even though the exchange increases its volume by using bot (fake volume) it is still not the fault of coinmarketcap, because coinmarketcap only provides information on the exchange, so in my opinion coinmarketcap isn't wrong and doesn't provide false data or information.
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.
Maybe they received a lot of money from scammers to promote their junk Exchange. This is a very shameful act by CMC, They should maintain the trust we have given for a long time so that their reputation does not become bad. If they continue to do this then I'm sure users will move on to other, more trusted sites.I think there needs to be a strict warning against CMC because their actions can harm the user. CMC has long been a good reputation for old and new users. therefore if their actions continue as they are now, it is likely that CMC will no longer have users who will trust it again. CMC only thinks about self-interest without thinking about problems experienced by users.
I don't often monitor Coinmarketcap to see the exchange rates or trading volumes that exist in each exchange. And I don't know if it's really cheating made by the CMC, so the OP is opening this topic.
I only trade in exchanges that I think are good and have a real volume. Even if the exchange that I use is ranked below.
I only trade in exchanges that I think are good and have a real volume. Even if the exchange that I use is ranked below.
There are not only the markets with fakes volumes. I see other tokens to with fake price in CMC.
I see in CMC the price is good but after i see in exchange they are difference.
I see in CMC the price is good but after i see in exchange they are difference.
I give up on coinmarketcap, it think coingecko will be a better choice for me from now on, if they can't separate exchanges with fake volumes means they are in support of those exchanges with fake volume
however, it all depends on money. current orientation, who can pay dearly, then they can get a place. like buying a place to advertise. that's just my guess because I don't have proof that CMC did. but when there is an exchange with the volume of lies getting into their site list then what are the possibilities that can happen? I guess many people also have a view like me.
I give up on coinmarketcap, it think coingecko will be a better choice for me from now on, if they can't separate exchanges with fake volumes means they are in support of those exchanges with fake volume
Yep seems this coinmarketcap is ruining their image, they don't take an action to those fake volume exchanges. I do not believe anymore with the ranking of highest volume exchanges because they really can manipulate it or fake it.
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