It's hard to say, bro, indeed Coinmarketcap like this in the last few years they haven't done any repairs at all, try checking Coingecko remains Binance which is the first exchange and at the bottom of it is a good exchange and for a long time there really can't be trusted anymore in Coinmarketcap because the data they entered is wrong.
But why do many people still use Coinmarketcap?
Topic: What the shit is happening in CMC? - page 4. (Read 712 times)
There's so many fake volume exchangers that listed on coinmarketcap. I get tricked by it so many times as a trader. Now I use coingecko as a reference. CMC should be delisting some exchangers that use a fake volumes to get their reputation back.
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?
Yeah.Really very strange behavior on the part of CMC.Specifically, I would exclude the p2pb2b exchange from the list altogether.CMC was blatantly changing everything based on the order that has already made by those crap exchange sites.
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?
That sucks i know.
Couple of months ago i also created a post about same topic. HereThey added liquidity option for solving those problem but i don't thing they gave us proper solution. Many people think that they take money from shit exchange and showing them as a top exchange with fake volume.
My opinion stay away from CMC. Trade your coin in popular exchange which gave you so much protection with legal trade volume. Otherwise you'll lose your asset because of those hypocrite things.
They are misleading a lot of traders and long time investors. Most people reply on CMC while doing technical analysis and here come shady exchanges taking the place of top 5 with fake volume.
CMC is no longer reliable ever since. They have listed scams and faked the volume of some exchanges and I think this is not the first time they've done this kind of ranking up.
There are alternative market cap sites if you don't trust them anymore but I think they'll remain the top crypto market cap site.
There are alternative market cap sites if you don't trust them anymore but I think they'll remain the top crypto market cap site.
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?
Some people don't believe any coin that listed on coinmarketcap. During Q1 2018, coinmarketcap listed coin pumped huge. I think liquidity options didn't attached properly that's why shit exchange is in top rank. By fake volume any shit exchange can make top rank only liquidity option can stop it. 
In fact, in 2017, I often used CMC as a reference to determine my decision to invest and choose crypto assets. But lately, it seems like many things have gone wrong, they are no longer selective in putting tokens or coins in their lists, so I have doubts. Plus from the OP explanation. Indeed, the CMC should improve its performance again, and not just for profit.
CMC lost in credibility when shit exchanges ranking on the top list. Recent liquidity is looking not satisfactory. If you will compare between coingecko and coinmarketcap. Binance top places exchange according trust score but cmc liquidity hitbtc (wash trading) number one exchange. Bibox exchange top 16 but poloniex & KuCoin 18,20. This is CMC lquidity how credibility. Coingecko research is more efficient than cmc.
You are definitely right! Even CMC liquidity is not honest enough like the Coingecko. I can't imagine how CMC ranked up hitbtc exchange in the top list! We all know Hitbtc is a fake, wash trading exchange, the real volume is very poor there, they should be stay out of the top ten exchange. This is really shameful behaviour from Coinmarketcap. 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?
Yeah.Really very strange behavior on the part of CMC.Specifically, I would exclude the p2pb2b exchange from the list altogether.
I have moved out from there, i thought that their their exchange liquidity addon was step on the right direction but not removing those fake volume exchanges is an insult to real exchanges. I am hoping that people move out from coinmarketcap and there will be some new alternative that rises the bar on standards when listing coins or exchanges.
I know how to fake a volume, but how do you fake a market cap? That's just basic maths on price and supply.
Coinmarketcap has always been absolute shit.
That's why I use platforms like Bitgur and Coingecko to get a more accurate picture of what is going on.
I actually think people should just boycott the website. I mean look at KickToken, apparently it has a market cap of $500 million with a daily trade volume of just $1m on trash fake volume exchanges.
That's a god damn joke. CMC should automatically hide tokens with such a ridiculous ratio unless the user manually chooses to show them.
https://coinmarketcap.com/currencies/kick-token/
That's why I use platforms like Bitgur and Coingecko to get a more accurate picture of what is going on.
I actually think people should just boycott the website. I mean look at KickToken, apparently it has a market cap of $500 million with a daily trade volume of just $1m on trash fake volume exchanges.
That's a god damn joke. CMC should automatically hide tokens with such a ridiculous ratio unless the user manually chooses to show them.
https://coinmarketcap.com/currencies/kick-token/
I know how to fake a volume, but how do you fake a market cap? That's just basic maths on price and supply.
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?
Coinmarketcap has always been absolute shit.
That's why I use platforms like Bitgur and Coingecko to get a more accurate picture of what is going on.
I actually think people should just boycott the website. I mean look at KickToken, apparently it has a market cap of $500 million with a daily trade volume of just $1m on trash fake volume exchanges.
That's a god damn joke. CMC should automatically hide tokens with such a ridiculous ratio unless the user manually chooses to show them.
https://coinmarketcap.com/currencies/kick-token/
We cannot complain about Coinmarketcap. They've done a great job of doing their job so far, the fake volume issue comes from exchanges so it has nothing to do with coinmarketcap. And you should equip yourself with knowledge before complaining about them. You can search and choose the best exchange without paying attention to the information from coinmarketcap
Coinmarketcap done good job to making fake volumes exchanges are top ranking, right? Definitely they can do a lot to identity real exchanges. Everyone cannot find out best exchanges who guys are beginner's in cryptocurrency.
@OP, just get used to it. If you can't, you can always use Coingecko as your reference in cryptocurrency ranking evaluation. CMC had always been like that and we just ignore it. You should have known by now that CMC does not do any filtering when ranking exchanges, their API just reads exchange volume and rank them unlike Coingeko where they use the exchange volume and exchange web-traffic within 24 hours to rank them.
CMC lost in credibility when shit exchanges ranking on the top list. Recent liquidity is looking not satisfactory. If you will compare between coingecko and coinmarketcap. Binance top places exchange according trust score but cmc liquidity hitbtc (wash trading) number one exchange. Bibox exchange top 16 but poloniex & KuCoin 18,20. This is CMC lquidity how credibility. Coingecko research is more efficient than cmc.
agree with this and I see them some time they actually just add often to exchange fake volume I think they only care about instant money, and because of this I don't really believe cmc unfortunately there are no similar sites that have complete data as cmc so with forced I still use it and ignore some fake volume exchange sites like p2pb for example.
There have been irregularities in the operations of CMC, I am not surprise that this is coming now. CMC is full of shit coins. CMC need to improve on their operations, we are sick and tired of this shit.
With things like this CMC is losing its credibility and they are bringing fake and scam projects ahead of real and solid projects may be this is because they are now having some good income from them or its all about money because crypto world is already have so many scams and cheated projects which are hurting badly investors confidence.
There have been irregularities in the operations of CMC, I am not surprise that this is coming now. CMC is full of shit coins. CMC need to improve on their operations, we are sick and tired of this shit.
~snip~
In this whole page, the only legit exchange is Binance and the rest of them are completely bogus. Fake. Fugazi.
When did Binance become a legit exchange? In this whole page, the only legit exchange is Binance and the rest of them are completely bogus. Fake. Fugazi.
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?
Are you sure you checking the right statistics? According to liquidity top three exchanges are: HitBTC, Bitfinex and Binance in chronological order.
I think you checked list according to Adjusted Volume which is nothing but the reported volume minus any zero fees and transaction fee market. We can't believe adjusted volume as much as reported volume as both can be manipulated.
https://coinmarketcap.com/rankings/exchanges/ X
https://coinmarketcap.com/rankings/exchanges/reported/ X
https://coinmarketcap.com/rankings/exchanges/liquidity/ V
I think it's very sad, that when the price of bitcoin starts to grow significantly and some of the other top altcoins, but at the same time scamers start taking action through the CMC site by manipulating using shady exchanges to deceive the victims, for anyone to always be careful that scamers are always around us.
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