Bitcoin Forum

I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons

1. Many dead projects still on cmc

2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap

3. Cmc doesn't verify authenticity of projects before listing it

4. CMC now have ads of fake icos on their website thereby leading people to scammers


Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic

Let me stop here and anyone against it should bring a proof to counter it
Or offer more options

Okay and do you have some better site? I don´t think that someone will verify all 2200 crypto listed projects. That is impossible.

There is nothing to worry about, if you can not blame TV station for advertising a product, it is not the fault of CMC that people invested in scam and the developer run away with the fund, or exchanges doing wash trading or project developers desert a platform.A few dead companies still trading on stock again in America.

They are not an exchange they only list coins to track the price, volume, and information about the site, they have nothing to do with volumes, projects and whatever happens to the project, in fact, they helped traders and investors in analyzing the coins, it's still the investors task to track their portfolios.

I think you are right about not overly faulting coinmarketcap
But they probably should be strict with their security teams to ensure that better products are advertised
And also be strict with new regulations

Everywhere is bearish
CMC can’t be a factor to fud

CMC should be make better service and make rules for anyone that want to list their coin, they should choose only coin that legit to be listed,  this is to avoid fraud coin listed on the platform and to protect investor. In 2017 CMC listed many lending coin that finally all of them turn in to scam. Mostly everyday new coin listed on the CMC and i think some of them does not have any live product.

They need to operate their business so funding is needed and they can only get it if someone projects (whether scam or not) to advertise on them.

We still need to do our due diligence if we wanted to invest on a project so don't blame coinmarketcap. If you're not comfortable then search for a alternatives, there's a lot of them.

Coinmarketcap is already not trustworthy since couple months ago, several articles in medium expose the dark side of Coinmarketcap from their listing policy that required much much money, that literally robs the project developer. And how they are bribed by a project to manipulate the market data of the project competitors. Unfortunately the articles and the account creator are suspended by medium, but you can still see the footprint in this thread, https://bitcointalk.org/index.php?topic=3191840.msg33082761#msg33082761

I think Coinmarketcap is an index platform rather than coins audit platform. All information in this is just for referrence. May I know why we are not safe?

Coinmarketcap is merely a website which takes prices from exchanges and list them.

So, i don't think there is any problem about safeness. Problem is fake exchanges giving out fake numbers. Mostly fake volume.

Yeah i agree with most of your points and i do think that  coinmarketcap should implement some checks and may be verification by kyc and address before listing a coin as cmc is one of the biggest website or platform that most of the crypto community checks regularly.

I am using https://www.worldcoinindex.com/
It's not my website, but it has some extra things and I've got used with it.
Since I don't follow CMC closely, I don't know if this other site is better, but you can check for yourself. At least the prices are calculated different.


However, all these sites should be used mostly as guidance, not as standard. If you follow a few exchanges you may get better insight than from CMC & Co.

CMC was always full of shitcoins and with not perfect algorithms but and all users know it from the very beginning, so don't blame someone else if you fucked up with your shitcoins or ico's or something else.

Coinmarketcap is only shows information. I think it is good thing. You can consider a coin as dead one! But remember it has a investor! People gets info about their investment via CMC. Don't underestimate it.

It's the most popular crypto market cap list so those concerns are being taken advantage of CMC itself for monetary purposes. Gone are days that they aren't advertising any scam. As the site grows in traffic, they are getting the favor as a normal website that profits from ads whether a scam or not.

The site itself is very manipulative and remember that moment when a glitch happened. It really affected the whole market, I think they have threshold and time requirement to unlist those dead projects.

You can address your concern directly to them: https://blog.coinmarketcap.com/contact/

The site and the services it provides to the public are very interesting and useful for monitoring. No need to pay attention to advertising if you do not like it or you can download the browser Brave and visit the site without advertising and spam.

Good point. They just make-up the site. Who pays more and orders advertising. I do not think that they are testing commercials. Since this would reduce revenues. This advertisement can not be trusted.

On the other hand, how can they check the project?

We can consider Coinmarketcap is not trustworthy since the start, but do you think there's a better website than Coinmarketcap?
Noobs people are always noobs if they don't do research first before an engaging project, Coinmarketcap is where you gather market price information not for searching a good project where you invest. As of now, there's no legit site which is having ads on ICO.

Well you think coinmarketcap is not safe, it's not an investment site, ok they advertise site but all the other cryp[tocurrency related sites also accept advertising, coinmarketcap is an old site and helped in the advancement of cryptocurrency, don't blame them for losing an investment just because they advertise potentially scam ICO, do your own research,.

CMC is a business trying to make money wherever and however it can.  I'm sure decisions made there at this point are economic based (ie., more profit) as the code is likely pretty well polished.

The more information listed on there, the more important it appears to newbies.  For newbies, CMC is acting like a lighthouse for people coming out of the dense fog.  For them it is a warm and welcoming place to go where it's everything crypto.  I imagine for each new person that starts investigating cryptocurrencies, CMC likely receives anywhere from 10 to 1000 clicks per user before they get more advanced and start seeking out more accurate information on sites other than CMC.

And like all businesses scrambling to stay ahead in a fast moving space like crypto, CMC is guilty is bending and breaking the rules in order to bring in that one more set of eyeballs.  Morally, it is CMC's job to police itself so as not to spread information about scam ICOs, but business-wise it is not their responsibility - the advertising revenue scam ICO's offer them to place ads is likely enormous and cannot be denied by the site operators/owners.

Unless you are a newbie, most folks should be going there only for a quick snapshot of the prices for the top 10 cryptos.  Start checking out anything else there, and you'll likely find yourself distracted by all the bells and whistles and walk away afterward with your head spinning.

They are listing only the coins value and their volume it is not an exchange to think about the safety of CMC. They never bother either it pump or dump their main job is to update the current value of a coin.

I think CMC from the crypto site is safe and displays data about crypto in detail, related to the problem of coins dying or no progress. I don't think it's a problem, it will gradually disappear by itself from the CMC list, as far as I see, when a coin that doesn't have a user will disappear.

Basically CMC looks lack of the deveopment and the developer only care to put the coin. Just curious does a project need to pay someamount to be listed on CMC? This to make it clear what was happening with CMC.

I think it is not safe to trust CMC anymore. A lot of exchange has fake volume and most of the volume are traded by bots. That is why doing your own research and stop depending your decision based on the market cap.

Coinmarketcap have several criterias for listening and many projects and coins meet these criterias so I think this is normal to find out dead coins.

That was a time that CMC reduced the criteria to be fulfilled by every project that intends to list on it. At that point, I knew the team have started reducing the standard, which means they are looking for more profits. I am not surprised, they have so much to cater for and perhaps that is the only way they can do it.

Okay you are right in coinmarketcapcap there are many fake project which is a scam or a failed project or maybe has no volume or delisted from everywhere. And there is also have the whole exchange which is fake. For authentication they don't verify the thing that much hard. And it's hard to verify. At first they were a  non-profit foundation at first it's hard to handle all of it. And the 2nd problem is every thing happen through API. They connected to the API athats all. It's hard to check one by one all the day. But if you report and many people report on a project or a exchange they have a look on it. But at this moment cmc is the best place there is nothing negotiable.

Don't quite understand why you are thinking about coinmarketcap like something very trustworthy and like some resource where only filtered projects appear.
It's just a monitoring where you can find and track coins that are popular enough to be noticed.

cmc just listing most of cryptocurrencies my friend,
and cmc admin run an ads to make money from their website my friend
its still safe for me,, people should do their own research before investing to reduce the risk, and do not blame cmc for their own fault

Many people I know never take CMC so seriously, they believe CMC is just giving a glance of price range some altcoins within.
If they really want to know how much a coin really worth also checking the existence of the liquidation they'd instead go to the exchanges that list the altcoin directly not CMC. However, the existence of CMC itself quite helpful despite having doubtful credibility due to lack of authenticity.

I agree with you, mate. We cannot blame CMC since it doesn't have responsibility to the projects or coin's reputation. As far as I understand, CMC just lists coins based on volumes, current prices, exchanges, and common information related to the coins. To know the more or detail information, we should make own research.    

Coinmarketcap is still the best for me. Indeed, there are many prices and volumes of coins that sometimes do not match the price of an exchanger. However, it is still within reasonable limits that can be tolerated.

Yes, I agree with you. There are a lot of shitcoins in their list. It's better to check all projects by yourself. I use this website to check marketcap and top positions of altcoins. It's all I think.

I am still looking on coinmarketcap to see the latest price. I think we can still trust coinmarketcap. But if you want to see an alternative, you can visit coingecko. Its like coinmarketcap with more feature and analysis. Its true that many shitcoin in coinmarketcap but i think its about our choice, if we dont like that shitcoin, better not invest on it

It's on us not on coinmarketcap, they give us an up to date report on every coins in the market, in fact they are helping the community, they are not an ICO rating that gives rating to every coin, forget about the ads and do your own research.

coinmarketcap.com is still the top reference site for cryptos. It is not perfect but they do work to improve it as needed.

If you criticize something it is better to give also a suggestion of something better than that. If you think CMC not trusted anymore then try to mention the website which is trusted more than CMC ? sometimes we just criticize and not see it from all sides. A lot of altcoin that list and indeed sometimes there is a delay for update but so far CMC is very good to monitor all altcoin from many sides.

Not all token price listed in CMC is same with their exchange. because every exchange have their price. CMC is only list main price of token in every exchange.

You are funny man.CMC doesn’t ask us money to pay them just for their service. Its your conscience already whether you will donate to them or not. And secondly, nobody force you to click their ads, its not their obligation to filter their ads on their site.

Still CMC is the number 1 crypto currency monitoring assistant for me as there is no other site that can replace their reputation. I don't mind that there are crap coins that they did not remove in their list as the most important is that we are all aware that those coins are already crap. I believed that they will not advertise scams ICOs too simply because their reputation is at stake.

You just can't depend on someone who is saying somthing to you. You have your mind and you have ability to research what you saw. On CMC I know their are so many dead projects still live but you have free to think that is project is good or not. CMC is just provide you some data about the coin which makes to help your research.

before the coins are registered in CMC there are requirements that must be met, maybe fraudsters are very good at manipulating trade so that they can register their coins at CMC, this is not entirely CMC's fault but because fraudsters are increasingly troubling, maybe KYC or the legality of a country is the solution.

There is a system that they follow in listing the coin, if a coin will qualify they are gonna list it and will remove if coin is not active anymore.
If you think of safety, it's not the CMC's job, they only provide information, the decision to invest is still on the hand of the investors, they decide based on the information they see but they should not limit themselves only in one source, the market is wide, they have to be resourceful.

im not trusting them ever again after the whole ripple situation last year when they removed all korean markets from cmc to make the price free fall.

Completely agree, meanwhile many scam projects get listed on CMC every few days and honest projects don't get listed — god knows what criteria they follow.

Oh wait, money talks.

CMC gives the opportunity for each coin to be registered, CMC also provides information on incoming coins and if remodeling coins that are not potential then this is indeed good, to reduce the level of fraud. We first learned about crypto by looking at the list in CMC.

My opinion CMC is the best way how to make your coin and ICO will be on higher price, many ICO after listing their coin at CMC make all investor know and and want to invest their money, its best solution how to make price growing up.

Which is right, each time you check the site it's giving you ideas not because you see the information it will stop there, you should keep in mind that a lots of informative website that can be added to assist you before investing with any assets that you will going to buy.

I guess we can't trust any media at this time. It would be better if we research the project itself before we buy or invest because it will make us more secure than we believe in fake data.
I think CMC can only be trusted but not for all coins

they can't possibly think about which projects are dead, which ones are scams. in fact, CMC could be paid for by everything like fake ico, the total supply is inappropriate and others. (this is just thinking, don't take it seriously).

we must be careful. if we already know it all at CMC. we must be more careful in choosing ico.

The only thing I don't like on coinmarketcap is the ICO promotion. Other than this, fake volume is based on exchange. You should blame the exchange. By the way, there are some more sites like cmc. You can use the those.

We can see CMC so much has been improved so that it can be controlled even though there are still many low coins. This helps us to be able to take decent coins, but all have different views and many of the same sites can exchange opinions or other assumptions.

Every day, of course sites like CMC will continue to exist. And everyone really has a different view. And I also see CMC already very good and I also use CMC more often to see new and old tokens.

Though it may be difficult for CMC to verify all project because if the number of project that has been developed but I guess CMC can still put up some measures just to uphold it credibility.

Coinmacketcap is simply a place to track market prices, it is not a trading platform. Coinmacketcap does not have any connection with all projects in the electronic money market. CMC is still the most reliable place to monitor the market.

How can it be safe or unsafe it is solely an information site and not somewhere you would send crypto or give your KYC data to. It has often proven to be inaccurate with data but it is a place where we can get a good measure of what is going on with the market.

There are no criteria’s anymore in coinmarketcap
They are in a free fall and I do hope this challenges other potential projects to usurp them

In crypto currency during bearish period is when trust and honesty had to been upheld
Coinmarketcap is now after money, be careful

It's just nothing but a information website which give information about the token price, website , which exchange they are available and the volume, and Twitter page. It's just information it's up to you to do the research part. It's hard for them to authenticate every project they just use exchange API which show the information. And about ico ads it's just a ads and ads are everywhere and its not in there hand it's on google and you which ads Goole wants to show you. I think for information about any coin there is nothing better than coinmarketcapcap.

I don't trust them at all. I just go there to look for the current price and that's it. I don't click any ads or even look at the ICO they're promoting there. I think there has been discussions about this years ago, If I'm not mistaken so I'm fully aware of some of the malpractices of cmc so I don't bother.

Coinmarketcap is a very helpful site and I think making a safe investment is at the top 10 coins. And on this site, we can get a lot of information and knowledge about coin price movements. And as long as this market price drops, I think the project failed and the fraud project will increase.

in my opinion the Coinmarketcap website is one of the global sites whose function is only to display coin data, volume, and altcoin total, so for security I think it's still safe. other than that, coins that have not yet entered the exchange must certainly go through a process so you don't need to worry about security because every user certainly knows which coins are good to buy.

Well, whatever you said, it is clear that coin market cap is one of the most trusted sites for exchange. If you are talking about the dead coins, what about the their exchanges? I think that they have many more dead coins compared to CMC. Moreover, we can see how the criteria a coin is listed on the CMC.

Why are you worried if coinmarketcap doesn't have/hold your cryptocurrencies like what exchange do? It is not an exchange, if you don't trust how they collect data from different exchanges and how they list new cryptocurrencies then don't use their website, there are other alternative websites like coinmarketcap. If they really have ads of fake ICOs then there is a problem with them, which should be stopped. But for me as an investor/trader you should not just rely the authenticity of a new projects from coinmarketcap, you should do your own research and look for different sources before investing your money.

Coin Market Cap (CMC) doesn't have to verify the authenticity of projects before listing it. And it's hard to tell if the ICO is a legit or scam. This should be done by each person or investors independently.

Coinmarketcap still the best site when it comes to check the price of a crypto and investors and newbies look at to . If your project list in coinmarketcap then its a big achievement for you also you dont need to worry because coinmarketcap is not an exchange so its still safe .

Still safe? Was he once safe? The government of your country, with ease and on their behalf, on legal grounds, could always read them. What kind of security can this be?

The dead projects are not errors made by CMC, CMC is simply a place where people find information of projects, trading volume ..etc. I personally find that CMC is the most reliable place to find information.

I can only respond to point 4 about advertising on CMC, of ​​course they don't want scam projects, but what happens if the project has a large capital to place ads on any site so that many people enter the ICO? We cannot blame CMC in this matter because it is not an absolute mistake caused by CMC because we as participants must certainly be more careful in attending the ICO.

I think that coinmarketcap is safe. This CMC is always used as one of the market condition that is progressing.
If you think that there are many dead coins, I think that this is smaller than others. This is trusted enough and we can see that only great coins with great volume in certain numbers are displayed on CMC.

do not need to carry negative towards the coinmarket as it is still a top site

I am not interested in these things. I only use CMC to see the price of the coins and see it listed on the trading platform. It is difficult to wipe out projects that die in a short time. Trading volume data can be faked because it is simply synthesized based on the total trading volume on trading platforms. I don't think this is the fault of CMC.

Indeed Coinmarket does not filter ICO projects that are scam or there are coins that are dead in the list, and hopefully coinmarketap aware of this and introspect themselves about the web list, because many people still consider the project on the coinmarketcap list to be a good coin.

Nonmarketed must sort the ads which puts on the website, but not for us to judge them. They get paid for it and I think it does not matter what kind of advertising will be shown on the site.

Nope, I won't say it is safe or scam. Coinmarketcap is just a listing website where the coin is listed based on their volume, market cap, price, and etc.

It is not the task of CMC to verify the projects. There should be separate regulations and authorities for that purpose. It is our own responsibility to make research on the project. CMC only helps us in it  with market info.

I'm not sure, coinmarketcap is still the best website for checking crypto prices for me.

Coinmarketcap to me is the most authentic cryptocurrency rating platform. I don't think we have any better yardstick to measure a good or bad project performance other than cmc. Moreover, don't blame them for not deleting projects that have stopped trading since people still have such tokens and may still be able to transact someday.

I also see this. It seems like the filter of Coinmarketcap doesn't do well and many projects now have the transaction volume is very low, even died but it is still available in it

It's hard to know what projects are scams, so I can't fault them for letting shady projects advertise with them. The data on CMC can be manipulated and sometimes misleading... but I just like to look at it to get a general sense of how the market is doing.

CMC and others crypto tracker actually give benefits to the many people that want to start in crypto, they give alot of information about data of the each crypto. Now as investor and trader we should be has enough skill to understanding fundamental of the project by learn with others expert.

I don't say they are safer site to provide all the detail about cryptocurrencies because I have seen personally many exchanges providing fake volume to them and they are still showimg without any investigation so don't just decide based on what you are seeing and coinmarketcap just use it as reference and go to the exchange and see the real volume.

Then, what should we do after reading your post?

Leaving CMC and move to another coin tracker website or create a petition on change.org to take down CMC?

Are you author of similar website like CMC and try to create FUD for making people moving to your website?

CMC did nothing wrong, they giving Ads to their website to make their website keep alive, It is our own responsibility to make research on the every project that already listed on CMC.

IMO

This is the first time I read an attack on Coinmarketcap when it is helping us all to track coins that we've invested, only an idiot will do such a thing,  this is the kind of people who want to get spoon fed and do not work and do research on coins that they want to invest and do finger pointing.

Coinmarketcap is only an index it doesn't hold any users funds like an exchange so I'm not sure what you mean by 'safe' and it does have methods in place to ensure accurate reporting of trade volumes and provides as comprehensive an overview of the market as possible however, there are other handy resources such as coingecko, coincheckup, cointelligence and tradingview that you might find useful depending on what sort of data you require

On the coinmarketcap you only have information about the exchange rate of coins and tokens. With such a large amount of information they are unable to manually verify everything. 90% or more of information is searched for on the internet automatically, so you there surely also are mistakes or false information. If you want to check some project thoroughly, you should use at least several sources, not just a coinmarketcap.

All these problems are well expected as I did heard about them that they are charging very big fee to list a coin with them. Hence, it is easier for many scammers to list their coins on top regardless of its actual's. I do see lots of alternatives are available over the internet but I am not sure why most people from crypto community is always going to coinmarketcap for referencing and also the worst case is people looking at it for choosing their assets for trading/long term holding. That must be a real pathetic.

Showing your banners in coinmarketcap is not cheaper still we can see many scammy projects are being shown up. But, bitcointalk is very much conscious on choosing their advertisers like I have seen @theymos was asking about list of legit projects for considering for their monthly ad auctions. This is how a famous portal must care its community and I am afraid that coinmarketcap may become a house for scammers like many crypto forums are already doing.

So true. Regardless of the flutuation rate in the market and the pros and cons of blockchain technology and crypto currencies adoption throughout the world, one of the causes can come from things like this. It would be very unfortunate if in its infancy and adoption was tarnished by fraudulent practices, especially if indeed CMC and similar portals which had a good reputation and could be trusted were proven to be involved and in fact became places for fraudsters in action.

My concern is on the project verification process that will advertise on their site so that it can reduce advertisements that turn out to be scam projects.

I think your title need change to 'is CMC still trustworthy at all' because CMC not a investment website, it's just a real time crypto price index with graphs & historical data, but CMC not the only one option, maybe you can try livecoinwatch and worldcoinindex.

Let me tell you this, coinmarketcap can't control to what ads to show because they have no control and google can only dictate to what ads to show they have no control to it, so you can't really blame coinmarketcap for the ico ads.

We need a better option to CMC and we have already have some but they are getting it hard to catch up with CMC because of its first come advantage which will be very difficult to overcome. I think it will be more productive if there can be away to let them know what they need to work on for the betterment of the industry at large.

It is very probable all your point are right but .. why do you expect CMC will list only real, quality and proven projects? Their strategy is to be a listing site for all cryptocurrencies/cryptoassets. The research is then on you  8)

Definitely, you don’t invest anything on CMC its just a tool for you to easy monitor the coins and I think doing research in every coin is our own responsibility. Its still safe but don’t depend on that too much, you’d better to find other source of information if you don’t comfortable with using CMC.

Still i think Coinmarketcap is the best website for cryptocurrency price update. But i agree with you there are many SCAM coin still existence here i don't why those not removed. People chosen this site because there are no other thing which people trustworthy.

Coinmarketcap unable to verified which projects are SCAM or Legit because this is not responsibility to detect SCAM project.
But they asking a lot of information as like project website and all social media activities and main thing is daily trade volume.
 

CoinmarketCap in any case shows the data that it needs. I think that today every person who visits this site understands this, and a very large number of people visit this site. And probably these guys get a lot of money.

If you want to proving about the truth of something, you need many sources to proof it. CMC not the site that can give you all about crypto project, what is "bla bla" token, or something like that. CMC just give you coin/token that already have enough volume on the market.
CMC don't care about dead project, they can remove from their listed coin/token when its not reached minimum requirement.

They earn more through the advertisements and of course the coin listing. But since we are not paying anything I can still say that this site is still reliable for more crypto information, but if you know some site to replace CMC then go for it but as far as i know CMC is still better.

yeah, i think you are right about this.
it doesn't matter if CMC registers many names of coins in it, the important thing is we have to be more wise and research more about the coin before we choose it.

Why do you blame cmc for that? Coinmarketcap is just like a site for information and it's not their responsibility to tell the buyers or traders on what's legit or not. And the ads like that are not just on cmc but also everywhere and again it's your choice to check it's legitimacy and not by them.

I think you are right, as an individual, we all have to learn to pick informations from multiple sources and identify the truth from it.
In that sense, we should only take coinmarketcap as an answer providing centre regarding project listing, and also exchanges.

All other answers should be based on your persona research work

Well, we cannot really point out what CMC can do as we ourselves are also having difficulties in filtering out such bad projects in the market. Well, maybe we can help a little bit to sustain the liability of CMC.

Your attitude in this market should be one of distrust and to do your due diligence in any coin in which you would like to invest, even if your accusations are true no website can offer its users the certainty that what you are seeing is authentic or that you are protected from scammers, just look at Bitconnect, it was a popular coin when it existed despite all the warnings of members in the forum that it was a scam, and if people were willing to trade such coin despite that knowledge then websites kept track of it and included it in their lists.

CMC in my opinion is still the best at this time many people visit the website, even though there are many who are deceitful after entering CMC but I'm sure the CMC will minimize for coins that are less active.

Yeah there are some dead projects on CMC , but the only thing that CMC cares about is their volumes , as long as they are treatable and they have volume every day , CMC wont remove them , I don't think CMC is a scam because it shows numbers correctly .

You are talking nonsense!
1) CMC will not check whether the project is alive or not, he will check only the turnover of this coin on the exchanges!
2) CMC will not check if there is any speculation with a coin. From this it follows that coins can get into the top which speculate!
3) CMC and should not check the authenticity of the coin, kmk considers the turnover of the coin on all exchanges, kmk is not a regulator!
4) CMC also needs money for life and they take it from advertising projects, they do not force you to invest in projects they just sell advertising as well as the forum where we write, it even says that they are not responsible for it.
Read more and look for information and think with your head and not believe your eyes!

Was cmc ever "safe"?
Common sense should e enough to realize that cmc isn't reliable at all.
It's like wikipedia but with horrible advertising thrown in.

But, just like wikipedia, I find it to be an incredible resource.
Not to see the value of a coin (that has to be done at the actual exchange it is on).
But as a reference point to further research.
The most useful thing is to see the trading volume and where it is being traded.
For older coins, it is also very usefull to see the early trading history, before cmc got all corporate.

Other then that, meh. Or it is downright scammy.

Personally, CMC to me is just a website where I check the price of tokens, if you go there for additionla information about any coin, you have to make additional research as well.. the fact is that coins are just too many and it would be almost impossible to keep track of all of them.

I agree that coinmarketcap should be more accurate about total circulating supply (for example DECENT has been wrong since launch 1 and a half year ago) and market prices.

Coinmarketcap is still the most used platform for quick information about market situation and cryptocurrencies price. I dont see that coinmarketcap try to cheat someone.

coinmarketcap is still one of the best, Listing coin is not the only service it renders, more also the top listed coin are the one one should always consider and the revelation of fake volume exchange should help with choice of exchange and coin. Nowadays I have seen some trading even at high volume was not listed, the reason be I dont know. Asides CMC, I also use coingecko, which provides more information, sometime price can differ and this can help to compare.

The fact is that.nobodg or no organisation is perfect, there are thousands of tokens and coins listed at CMC and it would be hard to keep track of them all no matter how hard working you are as the Devs.

There are a lot of alternatives are available for coinmarketcap and also with many better features. Coinmarketcap is seeming like a paid heaven for shitcoins and they are simply advertising most of the scammy ICOs too. They may not be intentionally cheat us but they are not taking care of us in the right manner like how a famous and highly reputed platform should be doing. I'm not seeing coinmarketcap as a safe reference site anymore.

Marketcap has always been fake on CMC. How do you know that the project listed are dead? Maybe CMC has more info than you think you have...Scam ads are practically everywhere nowadays. Even google has such ads. Moreover they do not advertise directly but using ad blocks from the same google adsense and other companies. So there is no their fault here as well.

Why not?  I think it is still very safe. What CMC does for the public is purely for information purposes. It in no way offers investment advice. The choice to invest rest purely on the investor. Advert of projects on the website does not mean endorsement.

CoinMarketCap is basically an information website about coins and tokens, if you do not trust the information they provide, there are other services that offer the same thing, I personally use an app called Coinstats.

It has long been known that cmc is compromised, which is why I use its alternatives, which, fortunately, are quite a lot on the network, and they are no less informative.

CMC is a website that show you the coin’s price and exchanges information. For research, you have to do it yourself, not CMC. As of now, I think CMC is doing a pretty good job.

There are only 2 types of people who attempt to discredit CMC. XRP Shills and misinformed/uneducated individuals in crypto. CMC's results are based on their perceptions, understanding and intuition about cryptos.

Every mcap site will always have different types of rankings, simply derived from information (usually total supplies, exchange volume manipulation) and etc. They are a gateway into crypto, they are not an authority to present you with every information for investments or understanding a particular crypto.

Individuals like to gauge crypto's performance based on CMC metrics, simply because it's exposed to the largest audiences, retaining the number 1 most used, highest-crypto traffic site for years now.

Never base an investment on 1 tool, resource or person. Gauge all crypto's through a variety of sources, feedback and a general understanding on how this space operates.

I like to look at the token prices at CMC, but it has generated some strange stats over the last year. There was one day when CMC has shown that every altcoin has grown by 10 times. For sure it was a bug, but it had a big influence on the whole market.

For me, cmc is just an overview with information about crypto projects, but not anymore. Everyone should be clear just because a project has been listed there, that it is legitimate. It is just an overview, not anymore.

I prefer to use CoinGecko.com. They have a better algorithm which takes into account social activity, GitHub activity, volume and more statistics. If anyone knows any other good CMC alternatives please share.  :)

If there are alternatives they can then be used instead sticking to just one might not be the best. It works for me and if it works for other, I think the that there is nothing wrong in using it

CoinMarketCap is not safe make sure to do your do diligence before investing in to any altcoin. I normally used  coincodex for my own coin research to find all the necessary information about a particular coin.

I think cmc still useful for simple and first overview but in the end the real value is in the exchange market. I usually check my asset from there every time I turn on my pc, check the new listing and etc, maybe they are not accurate but their link always fastest shortcut to info of any coin.

I think this points to inform every crypto currency investors that
Not even cmc or icobench or ico rating webpages cares about the authenticity of any project anymore

Once they get the payment, it is left for investors to decide what best they want to do
Let’s be smart this 2019

actually coinmarketcap often has a problem that is very excited when coinmarketcap has an issue about price manipulation in some exchanges but now the issue is over, if I use coinmarketcap only as a medium to monitor the price difference in some exchanges although sometimes it is often different from the results after entering the exchanger

For some months now I have the impression that they are trying to hide and make people forget the real projects, be they tokens or coins! Historical coins, even if without volume, are being removed and there are designs of volumes obtained through robots in abudance! This generation that likes stablecoin or in practice, Dollar coin, will be the same who will cry for losing the opportunities of the century! Wait and see.

You are the only one who posted this, they are 100% safe and I have been using this from the start, and it really helped me to analyze all the coins that I've promoted and invested in, if you look the other way, then it's you who have the problem here not coinmarketcap.

CoinMarketCap only reflects tokens traded on various crypto exchanges with a volume of at least $ 50,000 per day. Therefore, you should not completely trust this resource. To invest more safely and purposefully, you should study the token and the project behind it more carefully than just keeping track of the statistics in the CMC.

CMC is the best place to get informed about the coins. Are all the information accurate ? They are certainly not. There are many fake volumes represented on on CMC what are produced by bots on the exchanges. I do not think that CMC should verify the projects, there should be a separate regulatory body for that.

CMC is not an exchange or investment process. But we have to be careful about coins, their charts, and volume in CMC. Because it is very easy to manipulate Coinmarketcap rank. That's why many scams or almost scam coins still have some volume! Nowadays, many exchanges are listed on top 50 shortlist but most of them have fake volume and fake buy-sell wall! So, CMC is not 100% trustable!

Yes coinmarketcap needs to remove all the shitcoins from their websites which don't have volumes on the exchange. Also they have errors on their platform about few coins which have wrong volumes like TCH,THR etc. Coinmarketcap don't have the android & ios app hopefully they will launch soon, till the time i am using coinlib as alternative to coinmarketcap.
https://coinlib.io/

For me Coinmarketcap is only for tracking prices of several tokens. And I also don't agree if coinmarketcap is used as a reference, good or not a project. Coinmarketcap only provides information about listed tokens or coins such as price, volume and total supply.

See CoinmarketCap is just for reference and not for buying the coin, we need to research the coin before investing in it. You will see price charts in CMC but we don't potential they are if we don't follow their specified channels in the market.

Maybe it is, but there are no other sites as far as I know, so there’s nothing to choose from!

You are right and some projects hasn't even find there way to cmc yet but I still think CMC stands out among the rest ,it gives the complete lists of all cryptos excluding the ones that hasn't been listed yet,its still the best

Yes, many coins from CMC failed and of course, this made many people afraid to invest. I personally consider CMC to be an illustration only for consideration before I buy a coin. And I think the safest is the top 10 coins.

It is recommendable to look at the coin in coinmarketcap and visit the link because it is more safer than searching. We cannot blame coinmarketcap why still there are dead coins listed in it because it is part of the deal. Business agenda won't be cut unless the contract is just one year listed plan of the coin. Nobody's perfect including coinmarketcap. Let us not be one sided person. Good to have coinmarketcap to look at the interesting coins price.

Why Coinmarketcap shouldn't be safe? It is just a website with the prices of the cryptocurrencies and their trading volume. No scam here ::)

Based on my own definition, "I see CMC as crypto display screen." It is a site meant to give you information of coins that are listed on it. If does not screen these coins whether they are scam or not. So it it left for you that is investing in those coins, to do your own research and be sure you are going for a coin of your choice and that will not cause you any firm of loss.

I agree with you
We totally should focus more of our energy on the product token itself and not that platform that provides the information and hopefully this helps to get a more concrete result

Thanks for the info to ponder! ;) In my opinion, you should always think with your own head, and not rely on any platform, especially in the cryptocurrency world!

We have a different perception with CMC, some of us use CMC as their guide to see the increasing and decreasing of all coins while the other see CMC is a place to know about the statistic of the coins. And while the others don't care about CMC because they only care for what is happening in the market. I think CMC still safe until now and it depends on what we want to do with CMC and I think CMC is a website which gives so many information to every people especially to all traders who wants to know the information of the coins.

Your exactly right mate. They're going to collect money from the successful finish ICO.

Some of the point you listed is true in fact before you can get listed on CMC your coin must have achieved a required amount of daily trading volume. That was when CMC is making sure they do not bring substandard coin to the list but today things have change and it all boils down who you know. your coin can still get listed on CMC even though your project have not make the requirement. I believe if the CMC continue to provide substandard coin in their listing site, alot of people will start to lost trust in the website and seek for other options to find what they actually want.

I know those interesting coin market caps website so far, in alternative to CMC:

* https://www.cryptocompare.com/coins/list/USD/1

* https://coincodex.com/

* https://www.worldcoinindex.com/

* https://www.livecoinwatch.com/

* https://coincap.io/

* http://www.coincaps.ai

* https://www.coingecko.com/en

I have not used coinmarketcap for a long time. I like coingecko more, it is more informative and functional.

Do not blindly trust everything you see in CMC. In fact, there are a large number of similar CMC sites where information may look slightly different than what you see in CMC. Always double-check this information in other alternative sources, such as Coingeco for example. This is a site that I sometimes trust much more than SMS.

I also think like that, many people always make coinmarketcap as a benchmark, even though coinranker is more interesting in my opinion, compared to coinmarketcap

Coinmarketcap is such a big help to me, when i wake up and before I retire I use it to check the price and volume of the coins I'm holding I don't care about the ads and the other coins as long as they give me a real-time value of the coin I'm holding.

I agree that this is input for CMC to be more competent, but if you see some altcoins that are scams. CMC always updates it. but again this is good to be a positive input for the parties and the CMC team.

Why we should worry about the coinmarketcap? Well, it is not about safe or not. CMC is a platform that list the coins based on their price rate, volume, and also other progress in the exchanges. The listing based on the track  and they are always renewed. If you think that many dead coins in CMC, you should know that many exchanges also consists of the dead coins, but they also consists of legit coins. It means that don't be too worried about CMC. Worried about what you feel now because it may drive you to panic.

I think you can't completely trust anyone. Even verified website. You need to check everything by yourself. So don't blame coinmarketcap.

CMC is still the only site we know for now when it comes to checking prices of coins. I believe there's some level to be attained before any coin is listed on CMC, and if the coin later falls below that level or standard, CMC should not be held for listing such coin.

I think you are very much wrong. Firstly cmc is a open source project they are not funded by anyone and not charged you for the information. What they do is collect some information how a information could be scam. It is wrong or right that's up to you. If you don't have any knowledge then it is hard to pick the right information. And the whole process is like coin can fill up the form to show their information about trading at cmc. If the coin is crossed some preset volume then cmc approved it add through the API. Just add the exchange API. That's it. And about scammy ico post. I show some it's not up to them it's from Google.

The safety allegation scared me, the 'safe' word is a serious word now and should be careful used before you cause heart attack for someone. Their are lots of options for the coins detail, you can search for that. THey are still meant to be compared with CMC, we need different sources for our information in such a market. All this information are still subjective

If there are dead coins and still in coinmarketcap, I think that is still a natural thing. Because coinmarketcap only provides information based on total market cap. If the total market cap is less, then the ranking is at the bottom. But the problem with the project being advertised there, then doing scams, can drop the coinmarketcap reputation.

Yes, I was also alarmed by the mention of CMC safe :).

This site remains a good radar for initial investigation. Identifying fraudsters is not an CMC task. The user can determine if the project is scam.

This is just a site that is out to make profit. They are only providing the service of making investors to easily assess information on different coins at the same time.
Although, I understand that they need to be strict to some extent, but these guys still want to make some money.

I haven't used CMC for a long time because I prefer to immediately see the price situation in the market because in my opinion CMC is late in updating prices and sometimes not the same as market situation

Not all coins are listed on CMC and even old and existing coins aren't shown up.  CMC price doesn't matter cause we actually wanting to know the exactly in any exchanges as there is an actual trades happening.  Any price fluctuations happen doesn't appear directly and tales a while before it become updated. So no worries about CMC.

What I find interesting is that people want to invest in a market which can give huge profits and yet they want the market to not present any danger or any possibility of being scammed and such a thing is not possible, no website can protect us from our own mistakes, if we decide to invest in the market of cryptocurrencies we need to accept full responsibility for our actions otherwise it is better to get out of the market and invest in something safer like bonds.

I also still use CMC to monitor the market and I think CMC is fine. I think CMC is like the parent market because it considers the prices of many markets and determines it so sometimes the prices differ slightly or sometimes CMC is late because CMC displays average prices.

So far I use Coinmarketcap still safe and comfortable, I only invest in the top coinmarketcap coins, so I avoid fraudulent projects.

I think it is safe and the safest way to use coinmarketcap is to focus on the prices and markets
And also ensure to do researches on them by checking the trading volume amongst others

Coinmarketcap remains a very good website despite the dips

You should stop say a bullshit about CMC. CMC has a problem when there was a scam that disappear and they must remove it from the overall total coin in the market.
CMC is a bit different compared to the coingecko.

You need't to be worried because you don't have better sites than coinmarketcap. Google is the world's best and trusted searchengine but there you can show some unnecessary adds. This is not a matter at all. As an investor, you have chose a good and strong coin that have future potentiality and realistic and should reject shit coins. It is your duty, not for coinmarketcap.

Those ads even if it's fake or not, cmc has nothing to do with it as long as they pay for the ads they make on cmc website. Also those dead project has paid for their listings on cmc so the contract is done, dead or alive they will be listed as what the contract has stated. It all comes down to money in business and don't expect it to be perfect for you.

Instead of trying to castigate the coinmarketcap, it is best to offer valuable advice that can make it better. Come to think of it, if everyone begins to discredit the information on cmc, how then do we determine or know the price of cryptocurrencies?

It seems to me that CMC as a whole also has a manipulative effect on people, because it is not the first time that they are accused of not always publishing the right information, but they are very good at getting out of the situation.

The site is still safe, but I would not recommend using it as the main source of information, since there is information it has been compromised, it is better to differentiate your information sources and use analogous sites.

I use it as one of the sources for information and I agree that you should not believe only him, as any sources of information in our time is to recheck.

I think is still in the safe area if you want to inform a bit, and if you want more deeper info about a coin you should also make a little research, try bitcointalk forum, try check how much volume is if is listed on exchanges.

As long as we can focus on the basics and use coinmarketcap just for price information and exchange listings
We have no problems at all

If you find any ico ad on coinmarketcap, simply dyor before investing

Coinmarketcap and similar sites provide only approximate data that you should analyze yourself. You should not unquestioningly trust any sources of information, it is only a tool that works in the right hands.

If everyone started to use CMC to check the prices of crypto currencies then there is no wonder from their action like these because everyone is here to make money so coinarketcap is also going to do anything to make money so don't trust them at all and there are also many accusations about CMC for the fake trading volumes and prices of crypto currencies.

There is nothing to proof against what has been said and i stand to gain nothing by countering the points you raid against CMC. I just feel you should also give them some solution tips to combat the problems. Everyone is entitled to his opinion.
CMC has to look into this and make the necessary amendment.

I also heard about fake volumes by coinmarketcap. I personally like to compare price with converting its value on different platforms so this tricks don't work whenever they need to manipulate markets.

Yeah cmc lacks investigation work. They have a few basic requirements to be fulfilled to get listed and the people now know those and they have ways to complete them artifically, and get listed on cmc.

I don't think it's a big deal. This is not an exchange, but simply an informative website created to track the movements of cryptocurrencies. So I don't see any security issues.

Reading through your points, I think most are valid. Recently, I think there are many manipulations on CMC with regards actually coinmarketcap.  But talking about investigations before listing, don't blame them that much because it's not easy to know which project will be dead in the future, they only have some norms of which if projects meet up to, then their coins or tokens will be listed. I'll say CMC is still OK with regards market capitalization even though there are some loopholes.

I think they are not a rating sites to do these for us, they are tracking websites that can help investors in their investment it's one of the tools not actually a guide that can manage your portfolio for you, so treat it as it is don't expect to much out of it.

That's not possible though but with more hands and tech in the job they can do it. Besides, the crypto community carry news of such coins that are meant to be delisted. Anyway, we go with the flow.

1. As long as they are on an exchange, have some trading volume and supply - they're clearly not dead. And unless they have all of these, they won't be on CMC - maybe you can give an example to prove me wrong?
2. Could you elaborate? Their formula is incredibly simple - circulating supply X average last trading price from all exchanges listed.
3. It's not their job to verify it, they take data from exchanges, and exchanges are the people who need to verify proejcts.
4. This one is absolutely true. They were kind enough to remove the OneCoin ponzi, but once Bitconnect gave them money they listed and advertised them. This is why I moved to coincap.io.

Do you think they have done it on purpose?

I think coinmarletcap is one of the most trusted site in this whole crypto space. I can't understand that fact that how can be a informative free organisation could be scam. What CMC is doing is collect all data through API from the exchanges and present it in one roof that's all CMC doing. Now if there is problem then it will be in exchange not in CMC. And the question of ads is very they. They are no one to select ads it's depends on Google and you. If you once or twice search crypto or some scam ICO which you don't know about then more gonna come whatever you start.

CoinMarketCap for me is the main site from which I get basic information regarding crypto tokens. Sometimes CMC displays not quite correct information regarding individual tokens, but it seems to me that the problem is not in it, but in displaying data on the corresponding cryptocurrency exchanges. Often this affects decentralized areas where there is too much difference between bid and ask offers.

CMC is ok. We can get information easily from there and it's not the fault of the CMC if projects exits as scam, I agree that they are suppose to clean up the platform but they can't be blamed for tokens that exit as scam. If there is no CoinMarketCap will crypto be complete?

It seems to me that this resource should not immediately publish information as soon as a new project launches its own coin on the market. In any case, it is necessary to provide a sufficiently large amount of information about the authenticity of the projector, so that the cryptocurrency market does not impose misadventure with fraudulent projects.

We don't know about that, but so far, I used cryptomarketcap as a guide to know about every coin in the list. But of course, I will search on another website so that I can found more information about the coin. I don't have to stop in cryptomarketcap only because I am sure that there are many other websites which can give me another information related to the coins.

In my opinion, the coin market cap was not established to give investment advice, it's an avenue to check volume, price and capitalisation of some notable cryptocurrency. I know every coin needs to meet up with some conditions to be added to the list.
The advert placed on the CMC website is solely for revenue generation and that explains why they don't carry out background checks on projects authenticity.

CMc for me is totally safe, since you do not do investment on their site. But you use CMC as further reference on the price of the tokens. You just go and see on the prices with no risk.

I don't care about all altcoin listed in coinmarket, I only use coinmarket to find out the best altcoin and make investment decisions, I often learn altcoin in the top 300 and a few new altcoin. In addition, we only use coinmarket for free and don't invest or pay any money there, so it's always safe.

well either it is safe or not, its up to self

Coinmarketcap is a website which publish data, not shows you which project are good to invest and etc
They are merely use to shows price, history and etc

Large numbers of people are already showing doubts that today CMC may not show reliable data. I think that we need to make our resources, which will be conducted in the development of all possible exchanges.

On the CMC portal, you are provided with some data on the history of real operations with coins and their exchange rates. And it is fair to say that checking projects for legality and authenticity was not implied in their functions. It is hoped that CMC will be able to reduce the number of coins that are less active.

I heard that you need to "pay" if your project (Token/Coin) wanna get listed on CMC. I don't really know this issue, I just hear from the wind   ;D


I hope this thread will help u mate..
https://bitcointalk.org/index.php?topic=4854957.0

in that sense, your role in analyzing the market may also be done because we cannot fully entrust a website because the role of analysis is needed for this if you do not entrust CMC fully

Indeed, there are a lot of dead projects at CMC, the ground is slipping more and more, and everyone has been talking about volumes that have been rolled up for a long time.

You can't blame them, the projects don't have the volume but they are still listed on CMC because the exchange has not yet moved them. And also about ads, they advertise on your behavior, and it's not the fault of CMC

in my opinion there is nothing to worry about coinmarketcap because we don't put anything there because only the site used sees price but if you don't trust coinmarketcap I suggest you to use https://www.coingecko.com/id

You would not blame coin market cap for s scam project.
Coin market cap has a huge number of coins on its list so why would you search for a scam project.
It's top hundred coins are mostly legit project

CMC is not an exchange. It's just an information resourse. With good functionality. I use CMC api for periodical estimation of my cryptoportfolio. And it works practically without issues.

You should use the CMC website as a source of information that can be used to form an idea of the project, but not as a guide to the purchase and selection of the project. In any case, the best solution is always to conduct your own research project.

Though many are beginning to doubt the credibility of CMC,though it has done a good job so far but somethings might not appear to be right abut CMC now.I just hope CMC can clean up the house.

Actually i'm not heard about CMC is safe or not. But for it is safe and we can see some of the altcoins on their have no value or volume maybe it is failed or gone away and that was the time CMC will be remove of it.

Until now, CMC has become the main benchmark in seeing coins that are listed and circulating in the crypto world. in my opinion CMC is still the best because it presents various important information on a coin. There is no website platform that has the same quality as CMC, for me we have the right to choose and determine the best website. If someday there is a website that is better than CMC, we will all choose the best.

https://www.coingecko.com/en should be considered

Yes I observe that many dead projects are still listed on cmc but really we don't have any other complete website for crypto like cmc so for now let's keep the endurance alive

Why do you blaming CMC , its all our fault why we dont do some researched about the project before we invest, and the advertising issue was not a big deal since CMC is just advertized it to get some payment or to generate income, we must act accordingly before we invest to minimized the risk of being scam do a little researched my suggestion is just look for another data and insight platform if you dont trust CMC.

I don't think coinmarketcap will just stay like that, the developer of the coinmarketcap need to take a response from it. It is not very safe since there are so many coins are dead and most of them are shits. even at the top 100 there are so many shits coin.

CMC should eliminate underdeveloped pennies and without trading volume, it will be better because it will help investors avoid shitcoin. I think CMC is currently unable to do this because they have made a commitment to list those coins and certainly in the future Coinmarketcap will have the necessary selection to eliminate bad things related to this market

how can shitcoin be registered on cmc? whereas to be registered in CMC we know that we need to require a number of conditions including trading or already registered in exchange. at the moment there may be many coins that are dead, and they should no longer be registered in cmc. and cmc must make a standard for that..

Coinmarketcap is only for getting more information about a project you find interesting enough to want to invest, but should your investment goes bad i don't think cmc should be held responsible for that, however, cmc can try to eliminate all redundant project which have not been active with development of token in any form to filter out bad ones. The list of tokens in cmc is large with 40%-50% not active.

I can actually relate with these concerns, especially where it has to do with the ads, have seen certain cryptos that turned out scam being advertised on their platform, I think they should put a disclaimer on those adds so investors won't take those ads hook line and sinker that, as per deleting inactive coins, I have seen that happen

If we are compare with exchanges directly, the data displayed by CMC is inaccurate, some are too large and vice versa, maybe they have a special purpose to get profit and influence the public to buy or sell coins that they have.

Coinmarketcap lists a lot of coins, but then again there are stupid traders and investors who keep on buying these coins. My main issue right now with CMC is that they should exclude fake volumes from shady exchanges.

I think you have to understand what CMC is for its use. Don't ever make CMC a relevant source when you want to invest.

You can use an alternative resources. Guys from openmarketcap done a great work for example. You even can watch for data difference in comparison to CoinMarketCap https://openmarketcap.com/exchanges/difference

Well, I see CMC kind of like wikipedia.
It is great for general information and knowledge but a terrible place for accurate, legitimate info.

All CMC does is use an algorhythm to gather data to be displayed.
So it isn't really cmc that is scamming, it is just that crypto value is much more complicated than just gathering data.
And since it averages it all out and bases the value off of btc, there are innacuracies as well.
As far as old, dead coins being listed, you need to realize that blockchain tech never really dies.
It is a distributed open source ledger that anyone can use.
so as long as even one person is mining or maintaining nodes, it doesn't ever die.
Even if no one does that, it can be picked up anytime

Yes, I agree with your opinion. Coinmarketcap is only a platfrom where they shows information. Investors get information about cryptocurrencies here. It collects crypto prices from exchanges and list them.

now everyone believes that the coin that has been registered with Coinmarketcap is a good coin and is believed to have a bright future, but in reality some coins that have been listed on the coinmarketcap are removed from the list. therefore coinmarketcap is not a benchmark for coins that have a good future.

Many Altcoins are not liquid but have no official notice or some have not yet been censored, so it has not removed from CMC. Also, CMC accepts ADS if anyone accepts the fee.

I don't think CMC can be safe or unsafe.

It is just a listing website. There is lots of shitcoins yes but it is part of the crypto. Lots of people has countless shitcoins and they are using to check the price of it.

The best coin is already on the top coin market page in CMC, the whole data is still counting all crypto basically only the overall accumulation IMO is not a coin that has a future too, but which has been listed on the exchange only.

Illusion makes it easy to speculate and make money with wrong beliefs but some tools can let us elaborate on the essential needs in these arguments. Depending on the coin's market cap some analyze site can ignore it and take another one for review. Competition makes it hard to level up.

CMC is a platform for listing projects that have a minimum trade volume with more than one exchange listed. CMC does not do a job to verify projects authenticity. Much like an online platform where people can buy ads. Why do you think CMC put ads manually? It can happen that CMC manage all things automated, so anyone can place a banner on their site. I'm not advocating the CMC, but I just see it is only a listing site and people should not consider them as an investment idea.

Going through the comments I think even if it is not cmc job to check if a project is shit or scam

I think coinmarketcap doing adverts for a scam ico is not good enough
And also; there are glitches too

A token can worth 1000$ on coinmarketcap then shit on exchange platforms; what causes that ??

Well, at least they have some requirements for coin or token to be listed on their site such as daily trading volume.
It means a brand new coin cannot be listed on Coinmarketcap unless they have listed on some exchanges to gain volume.
Many coins dead in coinmarketcap because they were not developing anymore.

Well ofc it is still worth it. It still provides valuable info to those who are trading, just another tool in the arsenal. It is also good for discovery, for example if you dont know where a coin is traded, it will show you where you can find the markets.

I would not believe this resource. Therefore, I think that these resources as a whole are centralized, because these resources can unambiguously be manipulative. All that today has the capacity for manipulation should be avoided.

Yes I do agree with you and which is why coinmarketcap also have to delist all the tokens that are no longer developing and are void without volume

That form of clearing off spam projects will renew a fresh revolution for coinmarketcap

To some extent you cant blame them they are not responsible for scam token what they just do is to list a coin so that crypto community can easily track the coin price and other activities and for fake volume on cmc, the fault is from the exchange it self. Most exchange use bots to add up to volume which are not real. There is little or nothing cmc can do in that aspect

I agree that they're not responsible for those scam tokens but people are relying to their data all these years so they must take full responsibility to the legitimacy or reliability of the exchanges were their data comes from. At least they aren't denying this issue and this would be a great help to polish the truthfulness of every existing exchanges.

If we tolerate this kind of matter, we the people will suffer at the end, people are not finding who to blame though it's just that someone must take action.

in any case, I do not see any compelling reason not to trust this resource.  The information provided about cryptocurrencies is generally known and generally available, so CMC is a useful project that most users of cryptocurrency use.

When actually do start investing in the cryptocurrency markets and building a portfolio of coins, you will find yourself refreshing Coinmarketcap multiple times a day, if not more.

I guarantee it.

Once you put money on the line, you will constantly want to know where your money stands at all times.

This isn’t exactly a healthy habit to get into, ESPECIALLY if you plan to HODL.

But if it's how safe cmc is,  then yeah,  it's very safe!

People are constantly updating the coinmarketcap because the market is very volatile and we all know how sharply any altcoin can start growing. and now it is very important to have time to sell the coin that you are holding. It can make a sharp pump and then fall back to the same levels

I don't know why we must worry about CMC?
CMC is  just site that provide us information on crypto such as project name, price, market etc
They don't force us to agree with them, just for one indicator if we want to check some altcoin or exchange, until now I still use it cause it helpful for me and nothing bad happened.

They are authentic enough if you really focus on the things you like and particular project or asset you are pursuing I think the idea is just to find more info on assets and then work through it not see it as an investment platform or kinda portfolio You dont really need all the coins there Just a selective few will do the job

I'd like to see CMC remove some of the dead projects they list, and I'd also like to see them exclude more questionable exchanges based on the research that's out there. There are issues with fake volume, for example. However, it's a decent website overall.

Take this friendly advise, no where is safe in the digital world everybody is trying to outsmart his or her fellow so all you need is to be careful. No one can protect you unless yourself. Never believe in everything you see or hear most often try to dig deep before drawing conclusions.

It is not  on CMC to verify the projects, as it is only an informative site. We have to do our own research on that.
Market will sort out scam projects anyway from the marketplace. They have no stay long term. Fake volumes
on exchanges and wash trading is what I am more concerned about.  

Since they only accept the cryptocurrencies with a turnover of $100k then it is reasonable to understand their service and believe them. After using alternative services I am sure CMC will hit hard others.

I do not think that Coinmarketkap should remove all bad coins. Using this site it is convenient to monitor the situation on the market as a whole, but I don’t think that it’s good to analyze the graph of a particular coin.

For me, CMC is still doing a great job, CMC can't remove all the bad coins removing them will not help cryptocurrency but rather keeps affecting cryptocurrency growth!! All this bad coins today has alot to deliver later.

Is a great place to check coins and their performance I think potentially is great the only thing i hate about it is the exchanges volume and things related to that Most exchanges seems to easily manipulate volume but is mostly not a fault in CMC as they now have adjusted volume there

Removing those crap coins means we can't track them anymore. Better to see how they are performing in the current exchanges. At least we have some reference to check about them. And also, someone needs to do double check or triple check for a particular altcoin, they are not oblige to fully rely on what CMC is providing them. For me, it is a mere guide to check those altcoins in the market.

So why you not look around on their exchanger,this is how i do i did not trust any folio just like cmc this was delayed and fake,if you want to know the real price just go on their social media sites and most of all on their exchanger.

I think coinmarketcap is one of the safest place in the whole ecosystem. I know in CMC there is many fault many exchange with wrong amount of liquidation, many dead project but they are still going. But it's not upto CMC cause coinmarketcap is a information related so it's not give any kind of investment guide. And it's connected with coins in exchange mainly through API. So it's the exchange which show the wrong thing. There is nothing to do with CMC.i think in this whole ecosystem CMC is the best place to get right dicision. And the whole ad things that also from goole
 One thing whatever happen I was always a big fan of CMC.

Marketcap is for you to be able to see what is the price of some coin, well some site has advertising also not only cmc it was for you if you are going to buy them or not, well research is important thing also to avoid scam paroject. CMC will be going to be listed if the coin has three good exchange and it has a volume it was not fault of cmc if the owner of the project left it.

ery worrying but I also can't blame CMC because there are so many coins that it's reasonable that they don't update the coin coin data that has died because basically compared to death, more coins are dying and CMC can't delete it because one day the coin can still possibility to rise again

I think it's not the fault of cmc if the project are not good or scam. The cmc helps people to know the price of every coin that listed their, cmc is not exchange so I think don't blame them to whats the fault of every project that no value or volume.