Bitcoin Forum
May 25, 2024, 04:29:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Coinmarketcap needs to rank with volume weighted marketcap?
Agree - 4 (100%)
Disagree - 0 (0%)
other (see thread) - 0 (0%)
Total Voters: 4

Pages: [1]
  Print  
Author Topic: Coinmarketcap needs to rank with volume weighted marketcap?  (Read 486 times)
iamnotback (OP)
Sr. Member
****
Offline Offline

Activity: 336
Merit: 265



View Profile
April 10, 2017, 06:51:04 AM
 #1

Lol, VirtualCoin in the Top 10 by marketcap with only $629 in volume. Nonsense.

Note that would put Litecoin in 3rd place ahead Ripple today.

Also I think perhaps using a moving average for these values (at least volume if not also price for computing marketcap) would be best for ranking so the rankings aren't too noisy/volatile.

cengsuwuei
Hero Member
*****
Offline Offline

Activity: 714
Merit: 516


#SWGT PRE-SALE IS LIVE


View Profile
April 10, 2017, 08:03:14 AM
 #2

about volume rank in coinmarketcap is ready in there
but not in main page, you only click trade volume and choose 24 hour volume ranks(curency)


.SWG.io.













..Pre-Sale is LIVE at $0.14..







..Buy Now..







4.45






cryptonia
Sr. Member
****
Offline Offline

Activity: 340
Merit: 250



View Profile
April 10, 2017, 10:03:36 AM
 #3

I would like to see a marketcap with total coins, or coins created in say 5 years or something.
I read yesterday someone saying Zcoin was cheap, but that is hard to justify if one sees that they adopted bitcoins emission curve, but only started issuing coins recently. But, yes I agree it is silly to have virtualcoin listed so high.
Ayers
Legendary
*
Offline Offline

Activity: 2632
Merit: 1024


Seabet.io | Crypto-Casino


View Profile
April 10, 2017, 10:16:50 AM
 #4

coinmarketcap is not reliable, because many shit coin have low buyers support but their cap is high because they have a very big supply, but they are still worthless, the algorithm that display the top listed coins there should be reworked correctly, with more filtering to show the correct top 10

alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
April 10, 2017, 10:58:23 AM
 #5

I expect Virtualcoin won't be in the top ten for long - given the low volume, a small dump should tank the price and hence the market cap.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
bobster
Full Member
***
Offline Offline

Activity: 199
Merit: 100


View Profile WWW
April 10, 2017, 03:42:09 PM
 #6

I thought we don't have this argument anymore but seems like this is still the case. Perhaps coingecko might be an alternative?
upsidedown75
Legendary
*
Offline Offline

Activity: 1288
Merit: 1036



View Profile
April 12, 2017, 06:19:15 PM
 #7

I expect Virtualcoin won't be in the top ten for long - given the low volume, a small dump should tank the price and hence the market cap.
That is not the point tough. It shouldn’t even be there let alone go down again.
That means the math behind coinmarketcap is wrong and it should be fixed properly. Unless they do something about it, it will keep showing some weird coins time to time. This is basically a warning for them.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!