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Topic: Whats wrong with Coinmarketcap? (Read 1362 times)

copper member
Activity: 463
Merit: 251
August 26, 2018, 03:06:21 PM
Coinmarket always track the various crypto currency but they block bitcoins because they are changing their system they calculated also some company refuse to accept bitcoin so coinmarket try to manipulate the market so bitcoin will recover this very soon because bitcoin is one of the best crypto currency system.
if coinmarkketcap uses its capabilities to harm users of crypto currency, then we need to look for another resource for extracting information about different coins. Who can advise what? There is still such a resource so coincodex.
jr. member
Activity: 154
Merit: 1
September 09, 2019, 12:06:02 PM
Their core issue, is, probably, that CMC provides ticker data - tells you the price, market, exchange and 24h volume. Some of their more advanced competitors like Coin.Market already provide live trades data, so you can calculate how much volume was for 1 second, 1 minute, or 1 hour and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange - that provides much better protection from fake price and volume data.
copper member
Activity: 463
Merit: 251
September 26, 2018, 03:25:03 PM
if coinmarketcap uses its capabilities to harm users of cryptocurrency, then we need to look for another resource for extracting information about different coins. Who can advise what? There is still such a resource so coincodex.
hero member
Activity: 1246
Merit: 534
August 26, 2018, 05:59:12 PM
Coinmarketcap is a great platform but at the same time one must remember that with so many coins bursting into existence its just impossible to list all of them. This is why certain criteria must first be met before the listing occurs.
member
Activity: 350
Merit: 11
July 23, 2018, 07:30:23 AM
You should know that websites can be paid by the project creators to list their coins on their websites. This is why I do not trust any icos websites or any websites that list coin for that matter. As for coin marketcap, their job really is to just provide you with the information from a coin like market cap, value, trading prices and such. They are not a website that tells you if a coin is good or not.
member
Activity: 230
Merit: 14
July 21, 2018, 02:00:56 PM
There are always accusations against CMC, but it is a difficult task to keep track of thousands of tokens, so mistakes are understandable and I don´t think they manipulate.
full member
Activity: 588
Merit: 100
July 20, 2018, 10:57:36 AM
I checked it out, there are a lot of coins that don't even have a website,

is anyone here that is part of that websites managment?

Why is their website so badly managed, and how can a new coin get listed? is this website dead?

regards
Coinmarketcap don't review projects. Their analysis s based on their name, Market Cap.. So once you have a market cap or trading volume (for new coins) within their category, they'll surely list you. If you need to verify a coin or project there, I'd advise you should consult somewhere elese.
jr. member
Activity: 130
Merit: 2
July 15, 2018, 12:45:53 PM
I checked it out, there are a lot of coins that don't even have a website,

is anyone here that is part of that websites managment?

regards
I did not quite understand your question. As far as I know, Coinmarketcap adds only those coins whose trading volumes exceed $ 50,000 per day and doesn't evaluate other criteria for coins.

I agree with your point of view. Coinmarketcap is only site listing crypto. Not express any more what information. When a currency volume 50 000$ per day
full member
Activity: 490
Merit: 100
July 15, 2018, 12:39:13 PM
It seems to me that everything is fine, although of course everything can be. But I do not see anything interesting. It works the way it was before. I do not notice any new bugs or errors, everything is fine.
member
Activity: 236
Merit: 10
July 15, 2018, 12:32:27 PM
As I know the main rule for listing is trading volume per day must be greater than 50k. For other no strict rule, you can always contact support for any concern you have about site.
full member
Activity: 252
Merit: 103
July 15, 2018, 12:27:45 PM
Unreliable information about the crypto-currencies in the CoinMarketCap list is one of the biggest fraudulent deals in the field of crypto-currency. The oldest links to block commentators, forums or websites can still be forgiven.  But the incorrect volume of the crypto currency in circulation has a much greater impact not only on the entire crypto-currency community, but also on the perception of this market as a whole. An unreliable information about the volume of the crypto currency in circulation, CoinMarketCap has the ability to decide which coins or tokens "succeed" and which "die"  .  Overstating the volume of crypto currency in circulation is good for it, and it attracts much more attention of users and the media, which entails an increase in market capitalization and increases the rating of the crypto currency.  Underestimating the volume of crypto currency in circulation reduces the volume of trades, distracts attention from it and can lead to the death of such a crypto currency.
jr. member
Activity: 166
Merit: 4
July 09, 2018, 06:45:04 PM
there is not i mean nothing wrong with coinmarket cap any coin found in coinmarket cap after the ico is reach they focus on the coin to make sure the price of that particular coin is trading in the market.
jr. member
Activity: 365
Merit: 1
July 07, 2018, 09:36:30 PM
It is one of the best sites regarding coins. And i prefer it over any other. I think your question is not valid. As they only provide the detail that is authentic. If a coin don't have a website, how can they add a website by themselves.
full member
Activity: 288
Merit: 100
July 07, 2018, 09:33:25 PM
As far as I know, there are still many coins that have not been circulated, so the true market value of the whole market is often larger than that of the website.
full member
Activity: 378
Merit: 100
July 07, 2018, 03:58:07 PM
Actually there are lots of complaints in coinmarketcap wherein the investment they owned is slowly decreasing and the market value also decreasing which is really suspicious to look at.
newbie
Activity: 65
Merit: 0
July 07, 2018, 06:25:14 AM
Actually nothing wrong with coinmarketcap, it's just a lot of new coins are released and I think maybe they have a team that is not solid and inexperienced and does not have a good business partner to support the ICO, because an ICO when launched it will have a coin and a clear website, because of course investors will see their website to analyze and read the white paper and ICO roadmap before investing.
member
Activity: 280
Merit: 10
July 05, 2018, 01:34:49 PM
If a coin or a token is placed on an exchange, they automatically go to the Coinmarketcap after a while.
member
Activity: 158
Merit: 10
ONe Social Network
July 04, 2018, 01:32:50 PM
Neither this website inform us about where to buy or sell a certain coin, its fluctuations in prices, capitalization, I believe that if a coin came to this site then it is a success!
full member
Activity: 364
Merit: 100
July 04, 2018, 01:27:21 PM
I checked it out, there are a lot of coins that don't even have a website,

is anyone here that is part of that websites managment?

Why is their website so badly managed, and how can a new coin get listed? is this website dead?

regards
if it is like that I do not know. I am still confused with your question. but surely they have been trying to be the best. new coins are not necessarily good in the market and last long, better look for coins that have large volumes and a clear concept.
newbie
Activity: 98
Merit: 0
July 04, 2018, 11:59:37 AM
As long as I used coinmarketcap to check on coins trade volume and price, there is nothing wrong with it, I think the site help me a lot when i need to check if the coins is already listed in the market or not.
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