nextgencoin (OP)
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Activity: 1106
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July 31, 2015, 01:50:06 PM |
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Coinmarketcap or Worldcoinindex? For and against? I always used Coinmarketcap but clearly Worldcoinindex has a completely different way to calculate valuations and seems to me more deatailed and accurate. As people judge coins value on Coinmarketcap then if we do think WCI is better then we have to completely reevaluate values of coins. Ripple is 10th! which one is more accurate cause they sure are saying different things..... http://coinmarketcap.comhttp://worldcoinindex.com |
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Abiky
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Activity: 3234
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www.Crypto.Games: Multiple coins, multiple games
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July 31, 2015, 02:02:11 PM |
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Coinmarketcap is the most accurate site. It's updated constantly and provides a wide range of cryptos to check their info. This is my opinion  |
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nextgencoin (OP)
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July 31, 2015, 02:07:29 PM |
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Coinmarketcap is the most accurate site. It's updated constantly and provides a wide range of cryptos to check their info. This is my opinion Seems to me the differences are more fundamental that how fast the update refresh rate is. Ripple can't be that different unless they are using a completely different method to calc value. How are they so different....The price of coins is not supposed to be this subjective surely? |
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Abiky
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www.Crypto.Games: Multiple coins, multiple games
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July 31, 2015, 02:15:48 PM |
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I can see Ripple is #2 in market cap on Coinmarketcap, while on Worldcoinindex it is #9. Hmm...interesting |
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ðºÞæ
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Activity: 1176
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Bitcoin © Maximalist
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July 31, 2015, 02:32:12 PM |
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I can see Ripple is #2 in market cap on Coinmarketcap, while on Worldcoinindex it is #9. Hmm...interesting Ripple is number 2 too on Worldcoinindex if you sort by marketcap. Worldcoinindex updates a lot more frequent and you can see last change if red or green. |
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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Abiky
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Activity: 3234
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www.Crypto.Games: Multiple coins, multiple games
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July 31, 2015, 02:38:23 PM |
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I can see Ripple is #2 in market cap on Coinmarketcap, while on Worldcoinindex it is #9. Hmm...interesting Ripple is number 2 too on Worldcoinindex if you sort by marketcap. Worldcoinindex updates a lot more frequent and you can see last change if red or green. I've sort it by market cap and yes Ripple is #2 in market cap. However Dash is number #5 on marketcap based on Worldcoinindex while on Coinmarketcap it is listed as #4. Which one is more accurate?? I'm so confused  |
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speaktome
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July 31, 2015, 03:06:55 PM |
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If I could choose, Then I choose to coinmarketcap.
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Sirius receive address:SQusssg3DRrKrEHW26c2skEDYCG7vrj11z |
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mrbrt
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July 31, 2015, 04:59:29 PM |
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I can see Ripple is #2 in market cap on Coinmarketcap, while on Worldcoinindex it is #9. Hmm...interesting Ripple is number 2 too on Worldcoinindex if you sort by marketcap. Worldcoinindex updates a lot more frequent and you can see last change if red or green. I've sort it by market cap and yes Ripple is #2 in market cap. However Dash is number #5 on marketcap based on Worldcoinindex while on Coinmarketcap it is listed as #4. Which one is more accurate?? I'm so confused The discrepancy likely lies in which exchanges each site is and is not pulling their data from. |
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ðºÞæ
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Activity: 1176
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Bitcoin © Maximalist
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July 31, 2015, 05:43:26 PM |
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If I could choose, Then I choose to coinmarketcap.
Try to escape then you can choose |
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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Flep182
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Activity: 938
Merit: 1007
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August 01, 2015, 09:21:15 PM |
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I can see Ripple is #2 in market cap on Coinmarketcap, while on Worldcoinindex it is #9. Hmm...interesting Ripple is number 2 too on Worldcoinindex if you sort by marketcap. Worldcoinindex updates a lot more frequent and you can see last change if red or green. I've sort it by market cap and yes Ripple is #2 in market cap. However Dash is number #5 on marketcap based on Worldcoinindex while on Coinmarketcap it is listed as #4. Which one is more accurate?? I'm so confused The discrepancy likely lies in which exchanges each site is and is not pulling their data from. Going down after the first 10-15 coins the rates on an exchange fluctuate A LOT from one moment to the other. When there is a big gap between buy and sell orders in the system once someone pops something in inbetween the chart gaps back and forth all the time. Then it's hard to make an accurate average. |
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CoinBateman
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August 04, 2015, 06:03:28 PM |
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I really dislike coinmarketcap, the nature of crypto-currency is decentralisation. There shouldn't be partial selective and biased information. This includes excluding coins simply because of their un-proven nature.
Every coin goes through their phases of reckoning, hell even Ripple did. Even right now, ripple remains largely centralised where the coin creators actually own the large majority of the coin.
Coinmarketcap just ignores coins they feel don't deserve to have live stats and a market capitalisation calculation.
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@CoinBateman | Killer Crypto Instinct
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JasonDoge
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August 06, 2015, 11:16:21 PM |
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Coinmarketcap is the best. Especially after they upgraded their charts.
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