Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: pacman7331 on February 10, 2020, 07:12:13 AM



Title: What the shit is happening in CMC?
Post by: pacman7331 on February 10, 2020, 07:12:13 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?


Title: Re: What the shit is happening in CMC?
Post by: pgbit on February 10, 2020, 07:20:28 AM
This is really sad that a top platform works like that. CMC is one of the most used website or tool in the crypto world. When we talk about Bitcoin dominance, altcoin's price, the volume we collect information from CMC, not from coingecko or Livecoinwatch! But look at what they are playing with us. Most of the calculation from CMC is wrong nowadays because they list all the fake, bot trading things Comparing this, coingecko is doing far better. OP, you raised a good question, CMC should look at this and change things into positive.


Title: Re: What the shit is happening in CMC?
Post by: Kunnu on February 10, 2020, 07:25:05 AM
Absolutely agree with your point this kind of attempts are creating so much confusion especially for new crypto community there is no doubt that cmc is top rated platform for getting knowledge about cryptocurrency and exchanges but somewhere I think cmc is misusing its huge reputation maybe it's happening because of money anyway the present crypto community is smart enough and they know very well the deference between right and wrong so this kind of attempts won't work for cmc.


Title: Re: What the shit is happening in CMC?
Post by: minairia3 on February 10, 2020, 07:27:36 AM
This has been a big conflict even before. CMC just uploading files that comes from volume on their listed exchange. Unfortunately they can't monitor efficiently which exchange uses bots and manipulated the markets. If you would noticed they segregate their volumes into adjusted and reported to make sure that people can recognized which is more accurate volume. Maybe in the future they could fix their set up to more precise market outcome cause to be honest, these exchanges uses these data to fool investors but when you actually check the market its just a wash trades cause the buy and sell order dont match and lots of gaps.


Title: Re: What the shit is happening in CMC?
Post by: mindrust on February 10, 2020, 07:29:29 AM
CMC has been scam since they listed Ripple as a crypro currency. Since then they only upped their game.

Tell me a better marketcap website which blocks scam exchanges and I'll use that one but so far I don't see any.


Title: Re: What the shit is happening in CMC?
Post by: pacman7331 on February 10, 2020, 07:43:35 AM
Absolutely agree with your point this kind of attempts are creating so much confusion especially for new crypto community there is no doubt that cmc is top rated platform for getting knowledge about cryptocurrency and exchanges but somewhere I think cmc is misusing its huge reputation maybe it's happening because of money anyway the present crypto community is smart enough and they know very well the deference between right and wrong so this kind of attempts won't work for CMC.

Yes, you are right. It seems CMC is misusing their high reputation. I heard they took money to rank up many unknown exchanges, even they were a partner of scam IDAX exchange. We all know it but still suing CMC instead of Coingecko. So, the CMC team should realize this and get out of these scammy activities.


Title: Re: What the shit is happening in CMC?
Post by: pokok_work on February 10, 2020, 07:53:14 AM
Actually this incident has been a while. Unfortunately at this time the CMC platform does not work well, or cannot distinguish between original volume and manipulation (price/volume). To see coins or tokens at the moment I still use CMC, and not to see the exchange volume. And also the rank of coins/tokens is 1000 and above I think it's also shitcoin and doubt. in CMC I only believe up to rank 100 only.


Title: Re: What the shit is happening in CMC?
Post by: pacman7331 on February 10, 2020, 08:03:03 AM
CMC has been scam since they listed Ripple as a crypro currency. Since then they only upped their game.

Tell me a better marketcap website which blocks scam exchanges and I'll use that one but so far I don't see any.

Yes, there is no such Marketcap website where scam exchange is neglected but Coingecko is doing a bit better than CMC by listing real exchange in the top rank. In CMC, Bittrex ranking is 93! I just can't believe how hypocrite C being now, but in Coingecko Bittrex is on top place, that fascinating to see.


Title: Re: What the shit is happening in CMC?
Post by: passwordnow on February 10, 2020, 08:24:51 AM
Compare to the top exchanges on coingecko.

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

The exchanges that are on the top list are very known to us unlike in CMC, I'm not familiar with those at the top. I guess CMC allowed themselves to be paid just for the sake of this ranking since they have the huge traffic for market cap website.


Title: Re: What the shit is happening in CMC?
Post by: Kaliecious on February 10, 2020, 08:25:59 AM
I prefer Coingecko over CMC, in my opinion CMC only retrieves API data from markets that upload fake volumes. this is unfortunate the market reputation is bad with the highest volume.
many top markets with the largest volume are in the 20+ ranks such as binance, huobi, bittrex and others


Title: Re: What the shit is happening in CMC?
Post by: Nadziratel on February 10, 2020, 08:42:15 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

This is something about the fully reported fake volumes. And I don't think CMC is guilty about this issue. In other words, is it wrong to publish this not really causing the problem?

We should at least be a little bit more conscious. Everyone who spends some time here (in the forum) knows that exchanges like P2PB2B, Fatbtc and bilaxy are impossible to reach those volumes. There is already a saying in it. DYOR!


Title: Re: What the shit is happening in CMC?
Post by: shinratensei_ on February 10, 2020, 09:20:20 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
CMC is massively adding various advertisement and this time CMC is a money-oriented site. Just never use this site again to get the real volume from the market and all of the volumes that already written by CMC were fully manipulated. You can use https://www.coingecko.com/en/exchanges as an alternative site to the CMC and just suggest you take a look at the comparison between the actual volume from both of these sites.
CMC has placed so many scam exchange sites at the top of exchange sites by daily trade volume while coingecko was putting all of the reputable exchange sites with actual volume and it's not having washtrading volume like CMC. What we can do just never try to open CMC and use another site. That's a better choice right now because im doing it.


Title: Re: What the shit is happening in CMC?
Post by: Pffrt on February 10, 2020, 09:30:25 AM
Very sad that CMC is still taking no step in formating the exchanges. Most of the times I see fake volume exchanges are in the top. However, it's true that CMC has changed/added a lot of things to give the best impression to the users. They have recently added some more features like adjusted volume, on-chain analysis, ratings etc but they need to do something for the exchanges I think. Most users have already switched from CMC but to be honest there is no more good option too.


Title: Re: What the shit is happening in CMC?
Post by: Adreman23 on February 10, 2020, 09:31:15 AM
It is better to fix this problem by cmc because it is not good to give wrong informations especially when money involved. If they don't fix that  probably no one will visit cmc website and they must bear in mind that they are not the only one who have this kind of platform. After all its totally their loss not ours, if they dont fix the issue.


Title: Re: What the shit is happening in CMC?
Post by: dkbit98 on February 10, 2020, 09:32:21 AM
It had been talked about many times about CMC website.
They just take bribe from all this exchanges to put them on top places.
Even their so called adjusted volume is crap, so it is better to switch to CoinGecko website.


Title: Re: What the shit is happening in CMC?
Post by: coiningz on February 10, 2020, 09:50:52 AM
its a buisness. I guess, that cmc is earning money like that


Title: Re: What the shit is happening in CMC?
Post by: thesmallgod on February 10, 2020, 09:58:17 AM
I think their requirement for categorizing exchange has to do with trading volume. However, we may not be able to blame them because most of those shit exchange work their way up by using bot to increase trading volume in order for them to rank up in the coinmarketcap exchange rating. The worst part of this that most new project dev consider CMC as a resourceful site and give them high priority in determining listing site but at the end of the day they do not get what they want.


Title: Re: What the shit is happening in CMC?
Post by: khiholangkang on February 10, 2020, 10:12:16 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
We can't completely blame coinmarketcap, because they only display a data from an exchange, I don't think it's easy for coinmarketcap to be able to distinguish between genuine volumes and fake ones.


Title: Re: What the shit is happening in CMC?
Post by: Tash on February 10, 2020, 10:42:06 AM
Cmc lost any credibility a long time ago when they listed XRP. Everyone know from that moment on if you sent a big enough bribe they will dance.
 


Title: Re: What the shit is happening in CMC?
Post by: Kupid002 on February 10, 2020, 10:53:31 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
choose other website if you want to look for legitimacy of daily trading volume of every exchange. Coinmarketcap adding the list of top crypto currency exchange base on volume and they dont care what exchange as long its in the top volume  that day.
And those exchange doing that fake volume want to be in the top list because they also want to have more user's and being in the top volume is the easy way. Other than that it can attract dev to list to them and earn money from listing.


Title: Re: What the shit is happening in CMC?
Post by: ikicha on February 10, 2020, 11:25:50 AM
Coinmarketcap data was taken by API Exchange, so went the exchanger doing an manipulation the data at coinmarketcap was also got manipulated by these exchange manipulation. You should fully trusting coinmarketcap, just pick/choice reputable exchange like binance.


Title: Re: What the shit is happening in CMC?
Post by: DarkDays on February 10, 2020, 11:32:40 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

Coinmarketcap has always been absolute shit.

That's why I use platforms like Bitgur and Coingecko to get a more accurate picture of what is going on.

I actually think people should just boycott the website. I mean look at KickToken, apparently it has a market cap of $500 million with a daily trade volume of just $1m on trash fake volume exchanges.

That's a god damn joke. CMC should automatically hide tokens with such a ridiculous ratio unless the user manually chooses to show them.

https://coinmarketcap.com/currencies/kick-token/


Title: Re: What the shit is happening in CMC?
Post by: Samayuki on February 10, 2020, 11:35:46 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiulously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
That's bad, here I am thinking that rating with liquidity on coinmarketcap will uproot these fake volume exchanges like p2pb2b and others, its a shame that these exchanges are ranked higher on CMC, I stop trusting CMC from now on


Title: Re: What the shit is happening in CMC?
Post by: Valzador on February 10, 2020, 11:54:01 AM
Compare to the top exchanges on coingecko.

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

The exchanges that are on the top list are very known to us unlike in CMC, I'm not familiar with those at the top. I guess CMC allowed themselves to be paid just for the sake of this ranking since they have the huge traffic for market cap website.
An alternative to Coingecko that you might not know about is https://coincodex.com/exchanges/

I cannot guarantee that the data they display is free from errors or fake volumes, but it is undoubtedly better than the data presented by Coinmarketcap.


Title: Re: What the shit is happening in CMC?
Post by: fuer44 on February 10, 2020, 12:01:53 PM
I am indeed a little strange with that ranking, why can p2pb2b be number 4, while binance and yobit which are good exchangers actually lose from p2pb2b. I don't believe it a little, but why does it have to happen by coinmarketcap counts. then I also asked, from what coinmarketcap did the calculations because in my opinion if calculated from liquidity and trading volume, the binance and yobit are actually better and higher than p2pb2b.


Title: Re: What the shit is happening in CMC?
Post by: shollyen on February 10, 2020, 12:14:14 PM
The standard f CMC has reduced for quite some time and ever since I noticed that, I do not rely on their judgements or whatever they bring up. You might use the platform to track the activities of coins or crypto exchanges but do not rely on every infirmation you see there. Rather confirm whatever you see from the right source.
Whatever they might be doing now, might mislead a lot of newbies, who are just coming to invest for the first time. almost everyone who has been in the crypto space for quite some time now knows that Binance is one of the topmost exchanges. So, bringing some shit exchanges above it can be very wrong and misleading.


Title: Re: What the shit is happening in CMC?
Post by: gweedo on February 10, 2020, 12:22:36 PM
We cannot complain about Coinmarketcap. They've done a great job of doing their job so far, the fake volume issue comes from exchanges so it has nothing to do with coinmarketcap. And you should equip yourself with knowledge before complaining about them. You can search and choose the best exchange without paying attention to the information from coinmarketcap


Title: Re: What the shit is happening in CMC?
Post by: thiscomm on February 10, 2020, 12:36:41 PM
I think that happened because CMC was hacked by several people who wanted their coins to be ranked at the top. I am sure CMC is not possible to do and provide false data. if not, maybe it was implemented by CMC as a place where people mentioned their opinions. so in fact the price does not change it's just that CMC provides a place to convey the opinions of its users.


Title: Re: What the shit is happening in CMC?
Post by: wxxyrqa on February 10, 2020, 04:52:15 PM
I think that happened because CMC was hacked by several people who wanted their coins to be ranked at the top. I am sure CMC is not possible to do and provide false data. if not, maybe it was implemented by CMC as a place where people mentioned their opinions. so in fact the price does not change it's just that CMC provides a place to convey the opinions of its users.
Of course, until recently, the CMC was a very authoritative resource, to which many cryptocurrency users have attributed, but recently quite often we get distorted information, but there is nothing to be done about it, and the main thing that cryptocurrency users should pay is to check all the information received  and at the same time you need to have several sources.  If earlier the Coin Market Cap evoked a high level of trust, and today negative reviews sound, then each cryptocurrency user should first of all rely on himself.  But nevertheless, today almost all resources, including trading exchanges, are manipulating the sales volumes of various cryptocurrencies, and no one can deny this, nor can this activity be controlled.


Title: Re: What the shit is happening in CMC?
Post by: jessyj48 on February 10, 2020, 05:02:24 PM
I've given up on CoinmarketCap as well, coingecko is more better to be precise, at first I though the CMC liquidity rating with make sense and expose many exchanges with fake volume but I was wrong, it seems CoinmarketCap can't or don't want to expose those exchanges for one reason or the other


Title: Re: What the shit is happening in CMC?
Post by: mindrust on February 10, 2020, 05:11:24 PM
We cannot complain about Coinmarketcap. They've done a great job of doing their job so far, the fake volume issue comes from exchanges so it has nothing to do with coinmarketcap. And you should equip yourself with knowledge before complaining about them. You can search and choose the best exchange without paying attention to the information from coinmarketcap

Wrong.

They can do something about it.

If I owned an exchange where the only trader was me, buying and selling btc constantly on my platform... you, as the owner of CMC, would you list my exchange?

No? What if I paid you some? Yes?

https://images2.imgbox.com/27/17/9h6qIBU5_o.png

This is what CMC shows right now, last 24H "adjusted" trading volume of BTC.

In this whole page, the only legit exchange is Binance and the rest of them are completely bogus. Fake. Fugazi.


Title: Re: What the shit is happening in CMC?
Post by: Baimovic on February 10, 2020, 05:22:47 PM
I think it's very sad, that when the price of bitcoin starts to grow significantly and some of the other top altcoins, but at the same time scamers start taking action through the CMC site by manipulating using shady exchanges to deceive the victims, for anyone to always be careful that scamers are always around us.


Title: Re: What the shit is happening in CMC?
Post by: worle1bm on February 10, 2020, 05:33:23 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

Are you sure you checking the right statistics? According to liquidity top three exchanges are: HitBTC, Bitfinex and Binance in chronological order.
I think you checked list according to Adjusted Volume which is nothing but the reported volume minus any zero fees and transaction fee market. We can't believe adjusted volume as much as reported volume as both can be manipulated.

https://coinmarketcap.com/rankings/exchanges/  X

https://coinmarketcap.com/rankings/exchanges/reported/ X

https://coinmarketcap.com/rankings/exchanges/liquidity/  V


Title: Re: What the shit is happening in CMC?
Post by: Tash on February 10, 2020, 06:23:22 PM
~snip~
In this whole page, the only legit exchange is Binance and the rest of them are completely bogus. Fake. Fugazi.
When did Binance become a legit exchange?


Title: Re: What the shit is happening in CMC?
Post by: Mealea on February 10, 2020, 06:27:48 PM
There have been irregularities in the operations of CMC, I am not surprise that this is coming now. CMC is full of shit coins. CMC need to improve on their operations, we are sick and tired of this shit.


Title: Re: What the shit is happening in CMC?
Post by: Indymoney on February 10, 2020, 06:48:04 PM
There have been irregularities in the operations of CMC, I am not surprise that this is coming now. CMC is full of shit coins. CMC need to improve on their operations, we are sick and tired of this shit.
With things like this CMC is losing its credibility and they are bringing fake and scam projects ahead of real and solid projects may be this is because they are now having some good income from them or its all about money because crypto world is already have so many scams and cheated projects which are hurting badly investors confidence.


Title: Re: What the shit is happening in CMC?
Post by: lizarder on February 10, 2020, 07:04:42 PM
agree with this and I see them some time they actually just add often to exchange fake volume I think they only care about instant money, and because of this I don't really believe cmc unfortunately there are no similar sites that have complete data as cmc so with forced I still use it and ignore some fake volume exchange sites like p2pb for example.


Title: Re: What the shit is happening in CMC?
Post by: mdzahed134 on February 10, 2020, 07:21:07 PM
CMC lost in credibility when shit exchanges ranking on the top list. Recent liquidity is looking not satisfactory. If you will compare between coingecko and coinmarketcap. Binance top places exchange according trust score but cmc liquidity hitbtc (wash trading) number one exchange. Bibox exchange top 16 but poloniex & KuCoin 18,20. This is CMC lquidity how credibility. Coingecko research is more efficient than cmc.                    


Title: Re: What the shit is happening in CMC?
Post by: serjent05 on February 10, 2020, 07:36:52 PM
@OP, just get used to it.  If you can't, you can always use Coingecko (https://www.coingecko.com/en) as your reference in cryptocurrency ranking evaluation.  CMC had always been like that and we just ignore it.  You should have known by now that CMC does not do any filtering when ranking exchanges, their API just reads exchange volume and rank them unlike Coingeko where they use the exchange volume and exchange web-traffic within 24 hours to rank them.


Title: Re: What the shit is happening in CMC?
Post by: mdzahed134 on February 10, 2020, 07:38:43 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

Coinmarketcap has always been absolute shit.

That's why I use platforms like Bitgur and Coingecko to get a more accurate picture of what is going on.

I actually think people should just boycott the website. I mean look at KickToken, apparently it has a market cap of $500 million with a daily trade volume of just $1m on trash fake volume exchanges.

That's a god damn joke. CMC should automatically hide tokens with such a ridiculous ratio unless the user manually chooses to show them.

https://coinmarketcap.com/currencies/kick-token/
Kick token is just garbage and team is doing stupidity. Why they increased volumes in several phase. Total supply and circulating supply both same 767,570,414,810 KICK that's why market cap showing around 600 million dollars.

We cannot complain about Coinmarketcap. They've done a great job of doing their job so far, the fake volume issue comes from exchanges so it has nothing to do with coinmarketcap. And you should equip yourself with knowledge before complaining about them. You can search and choose the best exchange without paying attention to the information from coinmarketcap

Coinmarketcap done good job to making fake volumes exchanges are top ranking, right? Definitely they can do a lot to identity real exchanges. Everyone cannot find out best exchanges who guys are beginner's in cryptocurrency.                    


Title: Re: What the shit is happening in CMC?
Post by: sockpuppet1911 on February 10, 2020, 07:48:09 PM
I have moved out from there, i thought that their their exchange liquidity addon was step on the right direction but not removing those fake volume exchanges is an insult to real exchanges. I am hoping that people move out from coinmarketcap and there will be some new alternative that rises the bar on standards when listing coins or exchanges.
 
Coinmarketcap has always been absolute shit.

That's why I use platforms like Bitgur and Coingecko to get a more accurate picture of what is going on.

I actually think people should just boycott the website. I mean look at KickToken, apparently it has a market cap of $500 million with a daily trade volume of just $1m on trash fake volume exchanges.

That's a god damn joke. CMC should automatically hide tokens with such a ridiculous ratio unless the user manually chooses to show them.

https://coinmarketcap.com/currencies/kick-token/

I know how to fake a volume, but how do you fake a market cap? That's just basic maths on price and supply.


Title: Re: What the shit is happening in CMC?
Post by: ntsdm1 on February 10, 2020, 08:10:14 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Yeah.Really very strange behavior on the part of CMC.Specifically, I would exclude the p2pb2b exchange from the list altogether.


Title: Re: What the shit is happening in CMC?
Post by: hirngespenst on February 10, 2020, 08:16:05 PM
CMC lost in credibility when shit exchanges ranking on the top list. Recent liquidity is looking not satisfactory. If you will compare between coingecko and coinmarketcap. Binance top places exchange according trust score but cmc liquidity hitbtc (wash trading) number one exchange. Bibox exchange top 16 but poloniex & KuCoin 18,20. This is CMC lquidity how credibility. Coingecko research is more efficient than cmc.                    
You are definitely right! Even CMC liquidity is not honest enough like the Coingecko. I can't imagine how CMC ranked up hitbtc exchange in the top list! We all know Hitbtc is a fake, wash trading exchange, the real volume is very poor there, they should be stay out of the top ten exchange. This is really shameful behaviour from Coinmarketcap.


Title: Re: What the shit is happening in CMC?
Post by: gundala on February 10, 2020, 08:18:34 PM
In fact, in 2017, I often used CMC as a reference to determine my decision to invest and choose crypto assets. But lately, it seems like many things have gone wrong, they are no longer selective in putting tokens or coins in their lists, so I have doubts. Plus from the OP explanation. Indeed, the CMC should improve its performance again, and not just for profit.


Title: Re: What the shit is happening in CMC?
Post by: leatutz on February 10, 2020, 09:09:09 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Some people don't believe any coin that listed on coinmarketcap. During Q1 2018, coinmarketcap listed coin pumped huge. I think liquidity options didn't attached properly that's why shit exchange is in top rank. By fake volume any shit exchange can make top rank only liquidity option can stop it.


Title: Re: What the shit is happening in CMC?
Post by: tabas on February 10, 2020, 09:42:32 PM
CMC is no longer reliable ever since. They have listed scams and faked the volume of some exchanges and I think this is not the first time they've done this kind of ranking up.
There are alternative market cap sites if you don't trust them anymore but I think they'll remain the top crypto market cap site.


Title: Re: What the shit is happening in CMC?
Post by: Zemomtum on February 10, 2020, 10:10:17 PM
They are misleading a lot of traders and long time investors. Most people reply on CMC while doing technical analysis and here come shady exchanges taking the place of top 5 with fake volume.


Title: Re: What the shit is happening in CMC?
Post by: princerepon on February 10, 2020, 10:14:14 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

That sucks i know. :D :D Couple of months ago i also created a post about same topic. Here (https://bitcointalk.org/index.php?topic=5198316.0)
They added liquidity option for solving those problem but i don't thing they gave us proper solution. Many people think that they take money from shit exchange and showing them as a top exchange with fake volume.
My opinion stay away from CMC. Trade your coin in popular exchange which gave you so much protection with legal trade volume. Otherwise you'll lose your asset because of those hypocrite things.


Title: Re: What the shit is happening in CMC?
Post by: Teraboy on February 10, 2020, 10:43:46 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Yeah.Really very strange behavior on the part of CMC.Specifically, I would exclude the p2pb2b exchange from the list altogether.
Lol that's not  theonly the scam exchange site too but there are a bunch of scam exchange sites that already manipulated its volume on CMC must be removed from there to make CMC becomes a healthy site again.
CMC was blatantly changing everything based on the order that has already made by those crap exchange sites.


Title: Re: What the shit is happening in CMC?
Post by: lonte77 on February 10, 2020, 11:55:07 PM
There's so many fake volume exchangers that listed on coinmarketcap. I get tricked by it so many times as a trader. Now I use coingecko as a reference. CMC should be delisting some exchangers that use a fake volumes to get their reputation back.


Title: Re: What the shit is happening in CMC?
Post by: Furious 7 on February 11, 2020, 01:51:34 AM
It's hard to say, bro, indeed Coinmarketcap like this in the last few years they haven't done any repairs at all, try checking Coingecko remains Binance which is the first exchange and at the bottom of it is a good exchange and for a long time there really can't be trusted anymore in Coinmarketcap because the data they entered is wrong.
But why do many people still use Coinmarketcap?


Title: Re: What the shit is happening in CMC?
Post by: Furryball on February 11, 2020, 05:16:55 AM
Very misleading, No wonder some new developers choose p2pb2b exchange as a top  exchange, if CoinmarketCap can rate p2pb2b as a top exchange this will mislead many who don't know or hear anything about the exchange, CoinmarketCap can't be trusted anymore


Title: Re: What the shit is happening in CMC?
Post by: SaidNurs on February 11, 2020, 05:43:07 AM
I think it will damage the purity of the name crypto. Is this only known by certain people?

If that happens there might not be any other response, but if everyone knows about it, I think there will be an action about it, and that will eliminate the incident.


Title: Re: What the shit is happening in CMC?
Post by: tbterryboy on February 11, 2020, 06:47:27 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Coinmarketcap is known for manipulations for years. They do list your coin or exchange if you pay them and I heard top ranking will be more costing as its top rank holders will attract investors or users more easily. Overall, coinmarketcap is losing its credibility which must be a worrying sign for crypto space.

We should not make any decision based on what we do see on coinmarketcap but I am not saying stop visiting it. You may use them for the purpose of references and nothing more than that. Also, there are lots of alternatives are available for coinmarketcap nowadays.


Title: Re: What the shit is happening in CMC?
Post by: nicolas1979 on February 11, 2020, 07:18:15 AM
They are helping scammers in a different way.

You are really serious because so far CMC will never doing that. CMC have their own way to analyze crypto with all information that users need, everything they share is depend their own opinion, as users we only need to check with real condition on market. There's no trusted site because information can change in second, don't blame CMC because of that, they only want to help with their own way. CMC already have reputation, if goes wrong you only need to contact them and say your opinion so they can evaluate their works.


Title: Re: What the shit is happening in CMC?
Post by: ameliana on February 11, 2020, 08:09:37 AM
It is very alarming to hear such news, especially related to trusted global sites & displaying complete data about crypto such as CMC sites. if something like that continues of course it can reflect their bad image to the public. but I personally don't really know whether it's true or not, it's important for anyone to always be vigilant and also use other sites like Coingecko.


Title: Re: What the shit is happening in CMC?
Post by: slaman29 on February 11, 2020, 08:12:51 AM
I know how to fake a volume, but how do you fake a market cap? That's just basic maths on price and supply.

You just said it yourself, basic maths on price and supply. That's two things most blockchains make it easy for you to control.

You can go on WAVES or ETH right now and create a token in about 10 minutes (let's say you take that long to figure out a name and the supply).

Shall we say 1 billion fixed supply?

Now go on an exchange somewhere and fake the volume. Shall we say you're willing to burn $100 in fees to trade back and forth and create orders on 5 exchanges for about 1 sat per token, trading several millions?

1 satoshi x 1 billion = 10 BTC market capitalization. Tada.


Title: Re: What the shit is happening in CMC?
Post by: Lantind on February 11, 2020, 08:49:17 AM
Very misleading, No wonder some new developers choose p2pb2b exchange as a top  exchange, if CoinmarketCap can rate p2pb2b as a top exchange this will mislead many who don't know or hear anything about the exchange, CoinmarketCap can't be trusted anymore
Yes, only in this case it's not the coinmarketcap site that we can't trust, but the P2PB2B exchange that we can't trust because the exchange often creates fake volumes, making people who don't know it to be victims of P2PB2B.


Title: Re: What the shit is happening in CMC?
Post by: noobcakescc on February 11, 2020, 09:00:46 AM
Stopped using CMC myself. Ever since they introduced the "DATA" alliance thing, it gets worse - they essentially create a walled garden that only they and their so called "partner" exchanges get to represent themselves.

Case in point:
> CMC's Top 200 rank only considers coins listed on selected exchanges.
> This creates incentives for coins to want to list themselves on those exchanges
> CMC is part of the cartel creating a false, paid ecosystem
> Coins that can't afford to pay listing to get on those will never get represented fairly

I don't think many are aware of this, but take a look through their list and you'll understand what I mean. CMC is absolutely greedy and full of crap these days. Anyone who is willing to pay their way up can get to the front page. Shameful.

Also, who's to say that all the "DATA Alliance" exchanges are good? ::)

CoinGecko, Cryptocompare etc don't have such nonsense. I personally use CoinGecko all the way because they have really good clean UI, great support if you have questions. They do things fairer and are transparent (see their circulating supply breakdown for ERC-20 tokens). So much work goes into what they do and I think they deserve more recognition than CMC in every way.


Title: Re: What the shit is happening in CMC?
Post by: awakpane on February 11, 2020, 09:04:49 AM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.


Title: Re: What the shit is happening in CMC?
Post by: thisnewcoin on February 11, 2020, 10:00:18 AM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.

Your sound looks good, mate. CMC can't be a source of legit information in such cases! Every day some unknown exchange comes in the top rank when Bittrex rank is 80-90! This can't be real surely. I have no idea how we can do something against them, better we can go to Cryptowhale bot or Coingecko for such information, they are not perfect but better than Coinmarketcap in many ways!


Title: Re: What the shit is happening in CMC?
Post by: kawetsriyanto on February 11, 2020, 10:55:20 AM
I almost don't believe this. Coin Market Cap is the most reputable site and it has been so long time having a great reputation and quality. If it is doing so and it really occurs, I think that the CMC team should evaluate this problem and fix this as soon as possible for the shake of the trust, reputation, and also services.


Title: Re: What the shit is happening in CMC?
Post by: rhey on February 11, 2020, 11:01:57 AM
true sometimes I am very surprised at the good market placement sometimes below, I was reminded of the coinsbit market where the time before CNB listing coinsbit market occupies a good market position but now it's difficult to withdraw


Title: Re: What the shit is happening in CMC?
Post by: LbtalkL on February 11, 2020, 11:29:05 AM
CMC Has been useful for me until now but yeah they should not list these sh*t exchanges with fake volume and scam accusations, they should have a team that will review these exchanges before listing. CMC is just showing what the exchanges API is showing them but some exchanges generate fake volume. I favor https://www.coingecko.com/en/exchanges is better than CMC now. Their Top 10 exchanges looks convincing and real.


Title: Re: What the shit is happening in CMC?
Post by: Reid on February 11, 2020, 11:50:55 AM
What do you expect?
They have done that even ages ago.

Whoever is in control of this website is in league with those whoever he put on top.
There are many ways though to track your coins.
For me, I don't use this website anymore since I was also a victim of a fake pricing this they input there.
Just forgot the name of the coin.


Title: Re: What the shit is happening in CMC?
Post by: tvplus006 on February 11, 2020, 12:12:26 PM
I almost don't believe this. Coin Market Cap is the most reputable site and it has been so long time having a great reputation and quality. If it is doing so and it really occurs, I think that the CMC team should evaluate this problem and fix this as soon as possible for the shake of the trust, reputation, and also services.

It's just that experts have figured out the Coin Market Cap algorithm and are now using It to create a successful image for their business. My opinion is that CoinMarketCap Itself is not involved in this. Although we know that money can work wonders. But the team must take steps to ensure that CoinMarketCap continues to be trusted.


Title: Re: What the shit is happening in CMC?
Post by: smyslov on February 11, 2020, 12:31:02 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

I think they are not aware, of the community's complaints about the reported volume, these volumes are really rigged and manipulated what they are going to gain if they lose their reputation, they are conniving with these exchanges to make it appear that they are the leading exchanges in the market.


Title: Re: What the shit is happening in CMC?
Post by: rosezionjohn on February 11, 2020, 01:07:06 PM
Are you sure you checking the right statistics? According to liquidity top three exchanges are: HitBTC, Bitfinex and Binance in chronological order.
I think you checked list according to Adjusted Volume which is nothing but the reported volume minus any zero fees and transaction fee market.

<...>

https://coinmarketcap.com/rankings/exchanges/liquidity/  V

Exactly! I thought I wasn't going to read a comment that would actually point this out. I'm not also sure if the OP completely understands what he is talking about. Bilaxy isn't even in the list of top exchanges on CMC if ranked by liquidity. OP probably wanted CMC to remove exchange ranking by reported and adjusted volume which I think is unnecessary.

There is no denying that CMC figures were being manipulated and the introduction of the ranking by liquidity should provide a more accurate data on exchange volumes. Other threads that provides more info on this already exist, I think it's better to discuss it there https://bitcointalk.org/index.php?topic=5202098.0


Title: Re: What the shit is happening in CMC?
Post by: passwordnow on February 11, 2020, 09:21:29 PM
Compare to the top exchanges on coingecko.

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

The exchanges that are on the top list are very known to us unlike in CMC, I'm not familiar with those at the top. I guess CMC allowed themselves to be paid just for the sake of this ranking since they have the huge traffic for market cap website.
An alternative to Coingecko that you might not know about is https://coincodex.com/exchanges/

I cannot guarantee that the data they display is free from errors or fake volumes, but it is undoubtedly better than the data presented by Coinmarketcap.
I know that site but I think coingecko is next to it but if others are looking for another market cap site and wants to ignore CMC, there are too many choices and it includes the one that you have mentioned.
I have checked CMC and looked at the ranking and still those exchanges that are on the top are not the most popular and said to have the most volume.


Title: Re: What the shit is happening in CMC?
Post by: timmmers on February 11, 2020, 10:10:50 PM
They promised that they will erase the entire fake trading volume from the site few months ago. The reality? They nie looks like ICOBench site. You pay, you got listed and better rating. It is more than obvious that they get paid for it because it is that 8 totally unknown exchanges has bigger volume than well known Coinbase od Binance.  :D


Title: Re: What the shit is happening in CMC?
Post by: coingecko on February 12, 2020, 12:56:03 AM
Hey guys, this is Bobby, co-founder of CoinGecko (https://www.coingecko.com/). I'm reading this thread and am happy to read that many of you think that CoinGecko is doing a much better job. 

Just wanted to say thank you and let all of you know that this means a lot to us to hear from many crypto OGs here and we are working hard to further improve CoinGecko. If you have any suggestions on how we can further improve, do let us know. We are all ears and are looking to make things better.

Feel free to write your comments here, email us at hello@coingecko.com or even post on our Bitcointalk thread:
https://bitcointalk.org/index.php?topic=561516.0


Title: Re: What the shit is happening in CMC?
Post by: BlackFor3st on February 12, 2020, 01:08:40 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

I also notice this scenario upon searching for the top 5 ranking of exchanges and I am shock that P2PB2B was among of them and what is worst, I have used that exchange already and I tested how they manipulate almost all the trades.

They are very good at manipulation, at that time I have some token that were listed there and I saw that there are passive tradings that is happening as buy and sell order are doing good. But upon depositing the tokens then I try to sell, it was locked and I cannot sell it. That is the time that I know that they are listing shit tokens and faking their volume like they have auto bots to act as buyers and sellers to create a wonderful trade scenario. CMC should fix this issue so the crypto society will have a good source of information especially to the exchanges that are good to use.


Title: Re: What the shit is happening in CMC?
Post by: bhalwalbhalwal on February 12, 2020, 04:34:00 AM
Lol, you must not understand CMC's intentions if you truly believe that.


Title: Re: What the shit is happening in CMC?
Post by: Dhoe on February 12, 2020, 04:41:53 AM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.
Maybe they received a lot of money from scammers to promote their junk Exchange. This is a very shameful act by CMC, They should maintain the trust we have given for a long time so that their reputation does not become bad. If they continue to do this then I'm sure users will move on to other, more trusted sites.


Title: Re: What the shit is happening in CMC?
Post by: matchi2011 on February 12, 2020, 02:22:44 PM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.
Maybe they received a lot of money from scammers to promote their junk Exchange. This is a very shameful act by CMC, They should maintain the trust we have given for a long time so that their reputation does not become bad. If they continue to do this then I'm sure users will move on to other, more trusted sites.
Indeed. If CMC will continue to patronize this kind of information many will be disappointed and move away from this site. Traders will find other ways to look for other references instead of using CMC. It's not good to make some citing if there's no realizations from the information that you are providing. CMC should take this from their account if they are still willing to gather more visitors.


Title: Re: What the shit is happening in CMC?
Post by: VDraci on February 12, 2020, 02:30:43 PM
Coinmarketcap team are humans too so they can get paid to rank all these exchanges too, forget rating by volumes or liquidity, it doesn't count at all, Users are the ones to choose exchanges very careful, exchanges like p2pb2b are bad


Title: Re: What the shit is happening in CMC?
Post by: redsun114 on February 12, 2020, 03:16:08 PM
They promised that they will erase the entire fake trading volume from the site few months ago. The reality? They nie looks like ICOBench site. You pay, you got listed and better rating. It is more than obvious that they get paid for it because it is that 8 totally unknown exchanges has bigger volume than well known Coinbase od Binance.  :D
Surely that is the most important point to be considered. These kind of platforms were cherishing in the past but recently even those are turning out to be greedy. They are charging the projects that apply to get listed onto such platforms and perhaps their internal direct relations might even be allowing CMC to create the fake trading volume just with the intention to attract maximum traffic onto the exchange.

It might even be possible that they might be charging such scam exchanges with heavy fees and it might lead to lost them on top positions even above than most reputable and trusted exchanges like binance, etc. This should be stopped as soon as possible because it is actually creating fake awareness which might soon lose faith and also newbies might lose their interest into the crypto space.


Title: Re: What the shit is happening in CMC?
Post by: Reatim on February 12, 2020, 03:22:10 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
we have other option and there are some place where we can also check the exchangers than CoinMarketCapitalization because there are so many issues about this fake volume happening in this site.
i thought they have already clean this Mess but it seems that Going worst?
Coinmarketcap team are humans too so they can get paid to rank all these exchanges too, forget rating by volumes or liquidity, it doesn't count at all, Users are the ones to choose exchanges very careful, exchanges like p2pb2b are bad
but they must be aware also that People here are using them for fairness and not for this sh*t doings,if they cannot stand for truth then better close their site.


Title: Re: What the shit is happening in CMC?
Post by: RealMalatesta on February 12, 2020, 06:02:35 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Perhaps CMC depends on the number of votes or something like this? Because a platform like CMC would never promote any of the scam projects. It just might be the people who are responsible for the listing. There are a lot of ways for such scam exchanges to get listed onto major platforms like CMC.

One of the most major way for them would be by paying the high fees to get listed themselves. Scam exchange can pay comparably higher fees and that might be the reason why these scam exchanges like Bilaxy, FatBtc, p2pb2b, etc are on the top list. If the same continues than I do not think that several people can trust coinmarketcap anymore.


Title: Re: What the shit is happening in CMC?
Post by: FatFork on February 13, 2020, 12:49:10 PM
According to their Listing Criteria (https://support.coinmarketcap.com/hc/en-us/articles/360034124351-Listings-Criteria) "CoinMarketCap listings are always free." and "CoinMarketCap DOES NOT accept payment of any form to bypass listing requirements or to intentionally publish inaccurate information."
What is likely is that some of these listed exchanges are reporting false trading volume data through their APIs or doing a large number of 'in-house' transactions to fake their volumes. I'm not sure if there is a proper method to deal with this. But I agree that Coinmarketcap should pay more attention to this issue since they have a very high place and reputation in the crypto community.


Title: Re: What the shit is happening in CMC?
Post by: miklesm on February 13, 2020, 01:07:15 PM
It is true that there are many scam Exchanges in the rating of CoinMarketCap. However, recently they released a new Top by Liquidity which is close to the real situation - Binance, Bitfinex and Huobi are in top 5, for example.


Title: Re: What the shit is happening in CMC?
Post by: whyrqa on February 13, 2020, 04:41:26 PM
I believe that all the manipulations with the volume of trading on world exchanges are associated with a decrease in the activity of traders and with the closure of many new projects, which were primarily aimed at making money thanks to traders and investors.  Everyone is trying to stay afloat by any means.  Any resources can abuse their capabilities and provide users with incorrect information for the benefit of someone.  That is why I am always looking for the right information on bitcointalk and Reddit, after which I am calm about my assets on the cryptocurrency exchange and can sleep peacefully.  As always, I use cryptocurrency exchanges that have the largest trading volume, have the largest selection of trading pairs, and at the same time have positive feedback from users.  In addition, it is important that the percentage of the commission decreases in parallel with the growth in sales on the cryptocurrency exchange.  As usual, it is the Binance, Bybit, Huobi the most reputable cryptocurrency exchanges.


Title: Re: What the shit is happening in CMC?
Post by: Malam90 on February 13, 2020, 05:36:39 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Right, This is really a matter of joke that CMC shows this type of rank where Binance goes on 13th and FatBTC is 3 rank. Sometimes CMC shows fake pump which creates mislead among us. We know CMC is now the most used site for knowing the crypto update.


Title: Re: What the shit is happening in CMC?
Post by: tiptopgemdotcom on February 13, 2020, 05:47:59 PM
Fake volume and wash trading is still the biggest problem of Coinmarketcap and Coingecko type market-cap sites. Unfortunately, there is no concrete way to stop this and there are no more alternatives for regular crypto traders. Better rely on the given data and make our own research instead of believing the Coinmarketcap.


Title: Re: What the shit is happening in CMC?
Post by: awakpane on February 16, 2020, 09:27:14 AM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.

Your sound looks good, mate. CMC can't be a source of legit information in such cases! Every day some unknown exchange comes in the top rank when Bittrex rank is 80-90! This can't be real surely. I have no idea how we can do something against them, better we can go to Cryptowhale bot or Coingecko for such information, they are not perfect but better than Coinmarketcap in many ways!

Right. whereas in the past CMC was very good, even people used CMC as valid information before investing in a coin. but lately, they seem to no longer care about good or bad exchanges. they only think about the benefits without caring about other people's losses in getting good information in investing.


Title: Re: What the shit is happening in CMC?
Post by: awakpane on February 16, 2020, 09:32:50 AM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.
Maybe they received a lot of money from scammers to promote their junk Exchange. This is a very shameful act by CMC, They should maintain the trust we have given for a long time so that their reputation does not become bad. If they continue to do this then I'm sure users will move on to other, more trusted sites.

I think there needs to be a strict warning against CMC because their actions can harm the user. CMC has long been a good reputation for old and new users. therefore if their actions continue as they are now, it is likely that CMC will no longer have users who will trust it again. CMC only thinks about self-interest without thinking about problems experienced by users.


Title: Re: What the shit is happening in CMC?
Post by: Kvalentine on February 16, 2020, 10:13:50 AM
It thought liquidity can expose exchanges with fake volumes, am I wrong or its CMC playing games again, what kind of money they received from p2pb2b that makes CMC still give the exchange a high rating?  :o  upon all the fake bots watch trades, its time we protect ourselves  >:(


Title: Re: What the shit is happening in CMC?
Post by: shaheer001 on February 16, 2020, 10:21:25 AM
Coinmarketcap is one of the most visited and trusted Crypto tool/website/App But if CMC don't care about such situation then this will badly affect on CMC ranking and every crypto trader/investor will search for another source.


Title: Re: What the shit is happening in CMC?
Post by: bgaf on February 16, 2020, 10:35:32 AM
Dont dwell to much on CMC. Those people from them arent that reputable enough. Anyway I dont care as long as Ive known what is the reality for these exchanges. Its not that they dont care maybe its hard to use or disable a monitoring approach of volume manually. Thr result might probably be from a bot which job is to record highest volume or trades which might be the problem for cmc. Anyway, Im only using CMC info as asset monitoring device for price nothing more.


Title: Re: What the shit is happening in CMC?
Post by: Kotone on February 16, 2020, 10:46:19 AM
Coinmarketcap is one of the most visited and trusted Crypto tool/website/App But if CMC don't care about such situation then this will badly affect on CMC ranking and every crypto trader/investor will search for another source.

Dont use the app. Everyone isnt force to download or used their infomation. There are lots of source such ad coingecko and any other asset monitor app. But to be honest CMC is the best on this field so might as well ignored this issue as they also know that this is a major one and of course they are testing some solutions regarding these volumes.


Title: Re: What the shit is happening in CMC?
Post by: TastyChillySauce00 on February 16, 2020, 11:00:09 AM
It is true that there are many scam Exchanges in the rating of CoinMarketCap. However, recently they released a new Top by Liquidity which is close to the real situation - Binance, Bitfinex and Huobi are in top 5, for example.
Please see this
https://coinmarketcap.com/rankings/exchanges/
WTF CMC is doing right now by put p2pb2b as the second biggest exchange site in term of daily trade volume. i guess if CMC will never try to change it as it's an order that already paid by those scam exchange sites.


Title: Re: What the shit is happening in CMC?
Post by: shadowdio on February 16, 2020, 11:48:21 AM
Yep seems this coinmarketcap is ruining their image, they don't take an action to those fake volume exchanges. I do not believe anymore with the ranking of highest volume exchanges because they really can manipulate it or fake it.


Title: Re: What the shit is happening in CMC?
Post by: Samayuki on February 16, 2020, 12:26:02 PM
I give up on coinmarketcap, it think coingecko will be a better choice for me from now on, if they can't separate exchanges with fake volumes means they are in support of those exchanges with fake volume


Title: Re: What the shit is happening in CMC?
Post by: bison on February 16, 2020, 12:36:07 PM
I give up on coinmarketcap, it think coingecko will be a better choice for me from now on, if they can't separate exchanges with fake volumes means they are in support of those exchanges with fake volume
however, it all depends on money. current orientation, who can pay dearly, then they can get a place. like buying a place to advertise. that's just my guess because I don't have proof that CMC did. but when there is an exchange with the volume of lies getting into their site list then what are the possibilities that can happen? I guess many people also have a view like me.


Title: Re: What the shit is happening in CMC?
Post by: terizla on February 16, 2020, 03:38:49 PM
There are not only the markets with fakes volumes. I see other tokens to with fake price in CMC.
I see in CMC the price is good but after i see in exchange they are difference.


Title: Re: What the shit is happening in CMC?
Post by: qomariah95 on February 16, 2020, 03:47:19 PM
I don't often monitor Coinmarketcap to see the exchange rates or trading volumes that exist in each exchange. And I don't know if it's really cheating made by the CMC, so the OP is opening this topic.

I only trade in exchanges that I think are good and have a real volume. Even if the exchange that I use is ranked below.


Title: Re: What the shit is happening in CMC?
Post by: gweedo on February 16, 2020, 03:50:39 PM
In my opinion, after seeing events like this, I think CMC is no longer a reference to see the development of coin prices or exchanges at CMC. I think they just want to earn money without caring about other people who refer to their site to invest. it would be better if there were decisive actions against them so that the confidence of the crypto world would not go down.
Maybe they received a lot of money from scammers to promote their junk Exchange. This is a very shameful act by CMC, They should maintain the trust we have given for a long time so that their reputation does not become bad. If they continue to do this then I'm sure users will move on to other, more trusted sites.

I think there needs to be a strict warning against CMC because their actions can harm the user. CMC has long been a good reputation for old and new users. therefore if their actions continue as they are now, it is likely that CMC will no longer have users who will trust it again. CMC only thinks about self-interest without thinking about problems experienced by users.
Coinmarketcap will be popular in this market, Coinmarketcap provides very accurate information and no falsehoods. The problem is that fake volumes are exchanged and it makes the coinmarketcap fool and misleading statistics.


Title: Re: What the shit is happening in CMC?
Post by: Handsome Boy on February 16, 2020, 03:54:08 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

in my opinion it's not the fault of coinmarketcap, because coinmarketcap only provides information in accordance with existing data, so even though the exchange increases its volume by using bot (fake volume) it is still not the fault of coinmarketcap, because coinmarketcap only provides information on the exchange, so in my opinion coinmarketcap isn't wrong and doesn't provide false data or information.


Title: Re: What the shit is happening in CMC?
Post by: poodle63 on February 16, 2020, 04:06:21 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

in my opinion it's not the fault of coinmarketcap, because coinmarketcap only provides information in accordance with existing data, so even though the exchange increases its volume by using bot (fake volume) it is still not the fault of coinmarketcap, because coinmarketcap only provides information on the exchange, so in my opinion coinmarketcap isn't wrong and doesn't provide false data or information.
CMC has control over the site and it's already made by CMC. it's wrong to say of CMC is not a party who has no responsibility for this thing. Look at another marketcap site and most of the other sites are putting different result. CMC is the only marketcap site that has been putting scam exchange site as a very popular exchange site with the highest liquidity.


Title: Re: What the shit is happening in CMC?
Post by: kambaralikhan on February 16, 2020, 04:23:44 PM
I agree with you but sometimes we just can't put the whole blame on CMC maybe that could be a glitch or something like that. Trading volumes change so do the exchange rankings. But yes I must say CMC should improve their standards and systems to avoid such kind of glitches.


Title: Re: What the shit is happening in CMC?
Post by: gaston castano on February 16, 2020, 04:42:48 PM
yes, indeed, there are many who doubt the authenticity of the cmc data, because as you said, the exchange does not make sense to be above, the exchange is really real or there is a false volume.
I would advise you to use Coingecko where accuracy is still reliable.


Title: Re: What the shit is happening in CMC?
Post by: trauchot on February 17, 2020, 09:09:33 AM
I completely agree with you, cmc adds various tokens or exchanges that simply boost volume by 100% and go to the first lines in the ranking and this does not concern anyone from the cmc team at all, so I myself stopped paying attention to it a long time ago because this makes no sense and no one will do anything with it.


Title: Re: What the shit is happening in CMC?
Post by: Pffrt on February 17, 2020, 10:25:49 AM
in my opinion it's not the fault of coinmarketcap, because coinmarketcap only provides information in accordance with existing data, so even though the exchange increases its volume by using bot (fake volume) it is still not the fault of coinmarketcap, because coinmarketcap only provides information on the exchange, so in my opinion coinmarketcap isn't wrong and doesn't provide false data or information.
But they should have the system to ensure as much correct data as possible. Coingecko have a lot of features which CMC don't have although CMC recently have added feature for liquidity which Coingecko showed before long time ago.


Title: Re: What the shit is happening in CMC?
Post by: coinmaster241 on February 17, 2020, 11:57:01 AM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Sometimes that can't be explained in the words guys, maybe they have data that proves their trade is more fantastic than Binance, it could be because they dare to pay a lot for it so that the CMC easily installs it


Title: Re: What the shit is happening in CMC?
Post by: Vishnu.Reang on February 17, 2020, 03:23:25 PM
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?

Coinmarket just lists the market capitalization of various cryptocurrencies and their volumes. They are not a reviewing site and therefore they can't label any of these exchanges as scam sites. Whether you like it or not, many of these exchanges have large volumes (although the figures may be rigged) and CMC is obliged to show the real numbers in their website.


Title: Re: What the shit is happening in CMC?
Post by: mdzahed134 on February 17, 2020, 09:11:24 PM
Very misleading, No wonder some new developers choose p2pb2b exchange as a top  exchange, if CoinmarketCap can rate p2pb2b as a top exchange this will mislead many who don't know or hear anything about the exchange, CoinmarketCap can't be trusted anymore
Yes, only in this case it's not the coinmarketcap site that we can't trust, but the P2PB2B exchange that we can't trust because the exchange often creates fake volumes, making people who don't know it to be victims of P2PB2B.
Everyone not a new developers, So many professional dev's who's experienced 10 years to 12 years known in cryptocurrency. They really know that about reputation of P2PB2B exchange. No way when can't collect fund to approve in the major exchanges. Coinmarketcap doing shit in their ethics. If projects dev's will ignore P2PB2B than new projects never so dump after list in exchange.                   


Title: Re: What the shit is happening in CMC?
Post by: DonaCynthia on February 17, 2020, 09:28:18 PM
I think you're right. Binance is the most trusted exchange and should be ranked number 1 and not 13. Or maybe they have a good reason.


Title: Re: What the shit is happening in CMC?
Post by: betty11 on February 18, 2020, 02:23:30 AM
Coinmarket is a suspect on this shitty game, exalting shitty and scam exchanges to the top and relegating good one to the bottom is fakenews. They can't feigns they don't understand what is going on in this market, and how some exchange fake trade with bot. I wanted to sell my Xbase on Idex so move fund to Binance, most of the buy orders were all fake trade by the bot, had to sell very cheap so I can pull off my fund from the dying project that has done more harm than good to its investors.


Title: Re: What the shit is happening in CMC?
Post by: Tash on February 18, 2020, 01:43:12 PM
I think you're right. Binance is the most trusted exchange and should be ranked number 1 and not 13. Or maybe they have a good reason.
Thanks for the good laugh.
Kicked out of several countries (China, Hong Kong, Japan and Malta) and now headquartered in the Cayman Islands a truly trusting place.


Title: Re: What the shit is happening in CMC?
Post by: Vishnu.Reang on February 18, 2020, 03:25:01 PM
I think you're right. Binance is the most trusted exchange and should be ranked number 1 and not 13. Or maybe they have a good reason.
Thanks for the good laugh.
Kicked out of several countries (China, Hong Kong, Japan and Malta) and now headquartered in the Cayman Islands a truly trusting place.

I agree that there is no such thing as a trustworthy exchange. But here you are mixing up two unrelated things. They were forced to move out of China and Hong Kong due to the hostile policies from the government regarding cryptocurrency. I am not a big fan of Binance... but we don't have that many options out there. The other exchanges are even worse.


Title: Re: What the shit is happening in CMC?
Post by: nreal on February 18, 2020, 03:57:06 PM
Maybe they allow it to happen for money and I have never believed in the trading volume displayed on Coinmarketcap. Teach yourself how to test credible exchanges that aren't too complicated, instead of depending on a platform that can be manipulated with money.