Topic: Will this have any impact or not? - page 2. (Read 586 times)
Many bad exchanges need to leave coinmarketcap, also there are many bad projects on Coinmarketcap, I hope CZ will make that come to past in near future, this is one of the way to start bringing changes into crypto world
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 there is more to this than meets the eye. The first question I asked myself was, why did coinmarketcap list those projects and exchanges in the first place, weren't they properly audited? Why aren't they cautioning exchanges to be straightforward after they have moved out of order? Or aren't they aware that most exchanges reports fake volume. As for projects, what are they doing about those with low volume. Although Binance going for coinmarketcap would be for their own benefits but yet I think it can help straighten out many irregularities in coinmarketcap.
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?
It's my dream to see this actually happens but there is no way yet to know if binance team and CEO will make this come true, truthfully it will help crypto space and scammers won't have a room anymore
right now can be a golden opportunity to invest in lesser known coins with big potential.
For example TemTum is going to be announcing it's partnership with multiple nations to provide them with their blockchain as a backbone for their own stable national currencies.
once the announcements are made to the press, post-corona panic, I can see TEM going $1+
For example TemTum is going to be announcing it's partnership with multiple nations to provide them with their blockchain as a backbone for their own stable national currencies.
once the announcements are made to the press, post-corona panic, I can see TEM going $1+
Honesty I am dying to see that action asap! I just can't bear the P2PB2B, Vindax and other shit exchanges on high rank and thousands of token in CMC! Binance yet to control the Coinmarketcap, they will go forward slowly and I hope they will remove all those shit token, exchanges from the crypto market for sake to build a better crypto industry!
So many scam exchanges and altcoin scams are listed on coinmarketcap, it's really funny when we check the 24-hour volume of exchanges. Fatbtc, bilaxy, coinsbit ... these bullshit exchanges rank first in volume ... We need Binance to get rid of these exchanges as soon as possible.Absolutely! As these shit exchanges on high rank, many new crypto enthusiasts don't know about real exchanges like Poloniex, Kraken, Bitstamp! We have Coingecko, Livecoinwatch and many more price tracking platforms, but those are not even mentionable before Coinmarketcap, it's the best tool to track coin's price, and every single crypto supporter knows this name! So, Binance is the owner of CMC already, so, they should remove those shady projects asap
It is better. so, not just any project can enter the coinmarketcap. sometimes some projects are quite proud to enter into coinmarketcap, but sometimes the development of the project only ends there. no other developments, and sometimes so much volume manipulation.
The listing requirement must be more complicated especially for those crap exchange sites must prove their volume and it must not be faked. There was a lot of people have been putting this as the main concern that must be solved by CMC as soon as possible. The fact that this will bring a huge impact instantly. 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?
That will give bad impact to all his reputation thus far, the people will only see the bad thing for someone act instead of they see to good act before. But I think they will never do that, binance is the large exchange and his reputation is good so far. Even I think they will build the coinmarketcap to the right path and reduce the bad thing from coinmarketcap before.
I don't think binance will do that. because in the conference they held yesterday when the announcement of the acquisition of CMC, they said that CMC and binance would work in their respective fields.
so binance will not shift or delete coins that have been registered with CMC even though the coins are bad. binance has also said everything will work as usual there will be no influence between binance on CMC.
so binance will not shift or delete coins that have been registered with CMC even though the coins are bad. binance has also said everything will work as usual there will be no influence between binance on CMC.
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?
It will certainly have an impact. I would not have to scroll through several pages when looking for coins I can invest in because I know after the clean up so many cryptocurrencies would be delisted from Coinmarket cap. Some folks see it as some form of centralization in this industry but I don't think so because i believe CZ together with his team are going to lay down some specific targets to meet before being listed on CMC. 
It is better. so, not just any project can enter the coinmarketcap. sometimes some projects are quite proud to enter into coinmarketcap, but sometimes the development of the project only ends there. no other developments, and sometimes so much volume manipulation.
I think CZ and Binance are controlling Coinmarketcap so this will be better and dead projects with low exchanges will be kicked too then this will have a good impact on crypto, people now to see prices on coinmarketcap therefore CZ will update CMC with a new concept (maybe)
The point is I want shitcoin and exchanges with bot volumes to be immediately off the CMC list.
The point is I want shitcoin and exchanges with bot volumes to be immediately off the CMC list.
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?
They cant have different entrance levels for some then other. To get on CMC your coin need to be on 2 exchanges and have some volume on them. Every coin can enter CMC. But how coins are listed on CMC is diferent. They are not just by marketcap. They already have some categories. There should be way more. On CMC is everything. From apples to oranges.
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?
CMC requires a cleanup exercise. The platform needs to be sanitized of projects that are not contributing anything meaningful to the crypto space. Some of them are adding volume and they are fake. So, we need a situation where there will be real volume and real market cap, with functional projects and exchanges.
In a bid for newbies and new project team not to be deceived, there is a need for it.
When CZ final gets it, he knows what to do. Using his centralized power is what I will not support.
If that happens I think it will be a good thing for the cryptocurrency world. Eliminating weak projects and exchanges with fake volumes will help people have a better view of the market.
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?
Impact? I think it has no impact on the market if CZ and Binance decide to clean the CMC by removing those shady projects that still listed in the platform instead it is very useful in the crypto industry to get rid of those unperformed and useless cryptocurrencies that still listed in CoinMarketCap database CZ must do that for the sake of the crypto industry. 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?
Probably they will change the criteria for a project to get listed on their website so it only depends on the site itself and how they wanted to go with their reputation with newly acquired website.But removing dead ad shit projects will not impact anything on the crypto space. 
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 don't like the idea of Binance taking over coinmarketcap because coinmarketcap in the first place is meant to be on its own so that there will be fair treatment towards all projects in this space. In my own opinion, it is the duty of coinmarketcap to set out strict rules which will force out bad projects and those with low volume as well as enforcing exchanges to do the right thing, it will be tough but will be for the good of everyone.
Binance is pushing forward transparancy but actaully they are big point of centralization. And now they are controlling big info hub
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 don't like the idea of Binance taking over coinmarketcap because coinmarketcap in the first place is meant to be on its own so that there will be fair treatment towards all projects in this space. In my own opinion, it is the duty of coinmarketcap to set out strict rules which will force out bad projects and those with low volume as well as enforcing exchanges to do the right thing, it will be tough but will be for the good of everyone.
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?
Coinmarketcap is a coin and token tracker thats has good volume. We knew before a project can be listed there they are required to have specific daily trading volume CMC requires. I think CMC doing this already before even Binance doesnt acquire them. But I am be grateful if Binance would initiate removing those shitty exchanges that fake volume. Or their feature about reported exchanges. The data here shows manipulation which confuses traders with the active market price for each token and coin. I appreciate if they will start with these exchanges. - p2pb2b
- latoken
- vindax
Can add more but these three really made a huge fake volumes on their list.
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