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Topic: Will this have any impact or not? - page 4. (Read 586 times)

hero member
Activity: 2366
Merit: 504
April 04, 2020, 05:31:50 AM
#11
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?
There will be more money can be saved, so many parties used coinmarketcap as the only site to get the latest information regarding the daily trade volume of crypto. I have seen so many developers and newcomers have been getting trapped too. I just hope this will fix all of the problems and those people can go to the right market.
member
Activity: 795
Merit: 10
April 04, 2020, 05:26:22 AM
#10
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 believe getting rid of bad and dead projects will definitely be a good decision to take.  This will have a positive impact on the crypto market as well.  Leaving thrse these dead and bad projects on the exchanges and coinmarketcap is creating a lot of confusions in the crypto spheres.
member
Activity: 686
Merit: 15
April 04, 2020, 05:24:32 AM
#9
Scam projects should be removed or tagged as scam. And the ones that have failed to carry out further development as detailed on their road map but keep dumping on the community should equally be removed.  I expect a lot of sanity in the market.
full member
Activity: 1246
Merit: 116
April 04, 2020, 05:22:53 AM
#8
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?

Getting rid of projects will sound like bullying, instead i think the partnership of binance and coinmarketcap will encourage projects to sit tight,and also encourage exchange platforms to be rid of fake volumes across their exchange.

The impact will improve the technical know how of crypto currency.
legendary
Activity: 1134
Merit: 1598
April 04, 2020, 05:10:44 AM
#7
Few days ago it was when I said that I don't lime the idea of CZ taking over CMC that much. However, if he's going to remove all the shitcoins off the most popular crypto price tracking website, maybe this is the day shitcoins are finally not getting attention anymore?

I've heard the idea of the list of coins getting cleaned up for years now and I'm patiently waiting for that moment to come. We need it. Way too much garbage in the space. If this happens, it will have a good impact. Let's just hope he doesn't turn into the next Justin Sun and removes just coins he personally doesn't like or has had some beef with .. Smiley
sr. member
Activity: 1274
Merit: 337
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April 04, 2020, 05:04:00 AM
#6
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 CZ and binance can get rid of some bad projects in coin market, then the impact will be very good for crypto, because the crypto space does not require projects that do not have volume and low liquidity.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
April 04, 2020, 04:23:51 AM
#5
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?
For sure taking over the coinmarketcap will bring major changes with regards to what coinamarket is serving to its users. Binance will handle coinmarketcap very well as they wouldn't want to disappoint their current supporters and traders instead they'll do what ever it takes not just to keep them but to also to multiply them. Sooner, we could expect that a lot of crypto coins and exchanges are going to get delisted from coinmarketcap as they'll be evaluated very well.
hero member
Activity: 2142
Merit: 594
April 04, 2020, 04:22:46 AM
#4
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?
Of course this will have a big impact. Coinmarketcap will look better later because the exchange with fake volumes and dead coins will be removed from there.
Many people will return to using coinmarketcap, which has now moved to another platform.
member
Activity: 560
Merit: 28
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April 04, 2020, 04:13:19 AM
#3
Yes it will have impact, many look unto coinmarketcap to make decisions, they follow coinmarketcap rankings and details wholeheartedly, even new developers get mislead because of the exchange ranking on coinmarketcap, not all devs know fake volumes
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
April 04, 2020, 04:11:05 AM
#2
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.
member
Activity: 434
Merit: 19
April 04, 2020, 04:03:32 AM
#1
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?
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