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Topic: Will this have any impact or not? (Read 597 times)

full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
May 01, 2020, 12:39:00 PM
#70
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
If he can clean the coinmarketcap, I believe this market will be easier to grow. There are so many bullshit and scam projects listed at coinmarketcap, which confuse investors and get stuck with these projects. We should hope CZ can clean it as soon as possible
I don’t think he will do it. most likely he has his own interests, which we still do not understand. clearing the coinmarketcap from useless and scam coins is just a waste of time for him.
jr. member
Activity: 76
Merit: 1
May 01, 2020, 11:03:23 AM
#69
The Coin Market Cap has always been more confident about P2P exchanges, I can say with no ill effect.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 01, 2020, 10:35:12 AM
#68
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
If he can clean the coinmarketcap, I believe this market will be easier to grow. There are so many bullshit and scam projects listed at coinmarketcap, which confuse investors and get stuck with these projects. We should hope CZ can clean it as soon as possible
https://coinmarketcap.com/rankings/exchanges/

Nothing changed since the acquisition of CMC. it looks like that binance doesn't care about this but this is the main problem when so many parties were being trapped by the scam exchange site.

You can see that dude and nothing changed.

I may think if this acquisition bring nothing to the CMC.
jr. member
Activity: 250
Merit: 2
May 01, 2020, 08:05:32 AM
#67
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

I think we have to wait and see what impact binance cz will have on the coinmarketcap first.
Since the partnership, there has not been many information yet, so we can assume that for now that principles are laid down laws are awaiting launching.

But one thing is certain, dead projects will be off coinmarketcap.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 01, 2020, 07:52:01 AM
#66
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

First of all, that will give a positive impact on Coinmarketcap itself. People will try to have new information about each project, and they don't have to search or take a look with the dead projects. The website will be clean from the scam or dead project, and that can bring more visitor to that website which the visitor can try to analyze with the data. But the problem is how CZ and binance can clean the Coinmarketcap because that will change people perspective about Coinmarketcap.
legendary
Activity: 2184
Merit: 1302
May 01, 2020, 06:51:19 AM
#65
It seems to me that, because the way the stability is progressing is really the ferocious,
Altcoins are not getting stable, how can it be when almost every project is a scam one and most coins are pumped and dumped, project managers manipulating their coins, selling them to their friends/scam partners and form/create an illusion of the coins doing well in the market, when in the real sense of it, it's just a method of raising money from investors and giving them shitcoins back; the negative side of the altcoin industry is intense, I cannot predict stability for the industry unless all this is corrected(and it won't).
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
May 01, 2020, 06:39:21 AM
#64
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
If he can clean the coinmarketcap, I believe this market will be easier to grow. There are so many bullshit and scam projects listed at coinmarketcap, which confuse investors and get stuck with these projects. We should hope CZ can clean it as soon as possible
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 01, 2020, 05:37:09 AM
#63
Possibly this will help the clearing out of the bad eggs from the world of cryptocurrency, we have seen many things went wrong from the days of shitprojects which were low volume projects without usefulness. They should be flush out from the system because we're tired of the scams. It's time the Industry flush out the bad guys out of the good guys to be more focus to in this industry. Hope they carried out this for the hope of having a good platform for investors.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
May 01, 2020, 05:32:43 AM
#62
Well, that certainly makes a good change. with this coinmarketcap becomes a more trusted place. honestly, a few moments ago, I didn't really trust the information there. however, right now I feel that coinmarketcap is in the right hands. it seems like in a few months, doing a coinmarketcap list won't be easy for some projects that aren't serious.

If they will just archived those dead projects and very low volume in trading, that would be helpful for most crypto users. At least we will know the quality ones and how many are really doing good in the market. And right now, I noticed those projects without exchange are now labeled as Untracked Listing. So slowly, they are cleaning the CMC site. It will take time to see the new CMC. Hopefully, it will turn to a very useful website later on where numbers are at par with reality.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
May 01, 2020, 05:25:46 AM
#61
Well, that certainly makes a good change. with this coinmarketcap becomes a more trusted place. honestly, a few moments ago, I didn't really trust the information there. however, right now I feel that coinmarketcap is in the right hands. it seems like in a few months, doing a coinmarketcap list won't be easy for some projects that aren't serious.
member
Activity: 153
Merit: 10
May 01, 2020, 05:21:08 AM
#60
It seems to me that, because the way the stability is progressing is really the ferocious, I am not a propagandist, but there is no hindrance to guessing, so I can say with you that it will be effective. which fact that will bring a huge impact instantly.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
April 05, 2020, 01:19:21 AM
#59
certainly very good for the cryptoqurrency industry again especially on the coinmarketcap site, if a dead project or a coin that is registered there has no further price development then removed from the list then this will greatly help investors and can reduce the list of useless coins there.
copper member
Activity: 448
Merit: 3
April 04, 2020, 10:50:08 PM
#58
Dead project and misleading exchanges should have a bad review on coinmarketcap. If possible, an historical background should be given about the project and what they have failed to solve as outlined on their road map. This will help investors to make decision.
sr. member
Activity: 1876
Merit: 259
April 04, 2020, 08:07:30 PM
#57
of course if this is realized it will make it easier for users to find projects that are really active in crypto in order to avoid fraud that is now very rife.
binance is one of the trusted big exchanges so whatever they do will certainly get support from every user.
member
Activity: 938
Merit: 13
AMEPAY
April 04, 2020, 06:07:15 PM
#56
I think as they have acquired cmc and they are the new owners so definitely we can see change in policy, design and also new changes can be expected. I think even if they delist few hundred coins it will not matter much because we have other platforms like coingecko etc that list almost any coin or token so if you need info about a low liquidity or dead coin you can browse to these platforms.
hero member
Activity: 2184
Merit: 531
April 04, 2020, 05:47:00 PM
#55
W've already seen how listing coins on big exchanges can create FOMO and boost the price.

Coins that get delisted are dumped that's how it is. It's like getting or losing a partnership when you're running a company.
It's all to be expected.

The bad thing is that exchanges are abusing it to extort money from dev teams.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
April 04, 2020, 05:20:48 PM
#54
I will say CZ acquiring CMC is for a purpose and I think he really wants to restructure Cryptocurrency by ensuring every fake or leakage is being monitored and closed. CZ will ensure fake volumes and projects on CMC are taking down I do think and listing on CMC maybe tough in future for some projects especially projects from scammers
full member
Activity: 896
Merit: 108
April 04, 2020, 04:11:33 PM
#53
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
We know that coin marketcap is used as a reference for cryptocurrency data tracking, it is neutral, and their team says that the data is based on available facts. Binance, we know that supported by a team of professionals who are quite active in innovating and caring in the crypto world, this will be an epic combination. I just hope that coinmarketcap will remain neutral, without any "influence" that benefits certain parties.

I want to go back to the condition where: the coins or tokens registered at coinmarketcap are really high quality.
If the selection and regulations related to this matter are tightened, surely the shitproject will not get a place. Roll Eyes
member
Activity: 1204
Merit: 38
April 04, 2020, 03:37:24 PM
#52
What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
Will give better guidance to the newbies if they are going to start trading based on the information given on coinmarketcap and not have any negative effect by delisting the projects which are dead or going to be dead soon.
hero member
Activity: 1249
Merit: 506
April 04, 2020, 02:45:44 PM
#51
Coinmacketcap is a means for people to follow the market and observe the coins, but on coinmacketcap there are still many coins with fake transaction volume. That makes it difficult for investors in the cryptocurrency market.
If binance can eliminate some fake projects on coinmacketcap I think it will have a positive effect on the cryptocurrency market, it will be easier for people to observe the market so that they can make decisions.
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