CoinMarketcap Manipulating the Placement of your Altcoin , You Decide.

[kiklo]

For years CMK,
had set Low Volume trading under $10 in 24hrs trading

This means no matter how much your coin was worth , if the 24 hour trading volume was below $10 ,
your coin was removed from the standard listing and placed 3 or 4 pages from the 1st page in a Low Volume Section, where you were least likely to be seen.

No one complained about this as it had been a set standard of CMK.

Then ~1 Month ago with absolutely no notice to the public ,
CMK, quietly switched it to anything under $100 per 24 hours moved to Low Volume decreasing their visibility.

Again , No one complained.

Now today less than ~ month from the last change
Low Volume trading is anything under $500 in 24 hrs trading  

This gives a Direct Marketing Advantage to coins on Exchanges like Poloniex & Bitterex where the 24hours volume is Faked on a Daily Basis.
You want proof of this look at the recent list of coins Poloniex is delisting on May 2nd, almost all had 24hrs trading volumes over 100 Thousand Dollars.
Those Numbers were obviously Faked, to increase the price before the exchange dumped them, a key telling point is that these delisted coin's trading volume a month after the delisting will be lucky to see $100 per day much less 100s of thousands.

So Now CMK has sold out the Altcoin communities , to favor the coins hosting on the exchanges faking trading volume.

As I see it , our only choices , if CMK persists in this Blatant Manipulation & Falsifications of our actual values in favor of selected cheating exchanges.

We should all pull all advertisement from CMK,
and start a search for a Reliable Marketcap reporting site and begin promoting the honest site over CMK that is free of Poloniex's manipulations.

For those feeling a larger financial impact from these new false manipulations
May want to start an Collusion/Antitrust lawsuit against CMK & Poloniex, if anyone wants to spearhead that, this is the forum to announce it.


 

[crypticj]

For years CMK,
had set Low Volume trading under $10 in 24hrs trading

This means no matter how much your coin was worth , if the 24 hour trading volume was below $10 ,
your coin was removed from the standard listing and placed 3 or 4 pages from the 1st page in a Low Volume Section, where you were least likely to be seen.

No one complained about this as it had been a set standard of CMK.

Then ~1 Month ago with absolutely no notice to the public ,
CMK, quietly switched it to anything under $100 per 24 hours moved to Low Volume decreasing their visibility.

Again , No one complained.

Now today less than ~ month from the last change
Low Volume trading is anything under $500 in 24 hrs trading  

This gives a Direct Marketing Advantage to coins on Exchanges like Poloniex & Bitterex where the 24hours volume is Faked on a Daily Basis.
You want proof of this look at the recent list of coins Poloniex is delisting on May 2nd, almost all had 24hrs trading volumes over 100 Thousand Dollars.
Those Numbers were obviously Faked, to increase the price before the exchange dumped them, a key telling point is that these delisted coin's trading volume a month after the delisting will be lucky to see $100 per day much less 100s of thousands.

So Now CMK has sold out the Altcoin communities , to favor the coins hosting on the exchanges faking trading volume.

As I see it , our only choices , if CMK persists in this Blatant Manipulation & Falsifications of our actual values in favor of selected cheating exchanges.

We should all pull all advertisement from CMK,
and start a search for a Reliable Marketcap reporting site and begin promoting the honest site over CMK that is free of Poloniex's manipulations.

For those feeling a larger financial impact from these new false manipulations
May want to start an Collusion/Antitrust lawsuit against CMK & Poloniex, if anyone wants to spearhead that, this is the forum to announce it.


 

What are you really mad about?

Perhaps some of the Alt-coins you been holding on poloniex are getting removed and you lost a lot of BTC or Capital Value?

[kiklo]

What are you really mad about?

Perhaps some of the Alt-coins you been holding on poloniex are getting removed and you lost a lot of BTC or Capital Value?

You should work on your reading comprehensions.  1st post explained it.
Recap
CMK is manipulating the placement of altcoins, favoring the ones that are on exchanges that fake trading volume like Poloniex.

That is called Collusion and illegal in the US.


 

FYI:
Collusion is an agreement between two or more parties, sometimes illegal and therefore secretive, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair market advantage.

[bathrobehero]

Unnecessary drama.

$500 volume is nothing and it's probably there to prevent random shitcoins with no value and enough supply to get on the front page all of a sudden which happened a couple of times - which is just a form of abusing CMK trying to get noticed.

[BitcoinNational]

Unnecessary drama.

$500 volume is nothing and it's probably there to prevent random shitcoins with no value and enough supply to get on the front page all of a sudden which happened a couple of times - which is just a form of abusing CMK trying to get noticed.

agree
disagree

look at shit called BCC ... or others.
fake volume on fake exchanges.

before POLO was just an ALT con exchange,
now it leads the entire coinspace trade in volume.
BTC LTC ETH DASH XMR -- it is master to them all.

this Pump then Delist is very very fishy.
(bad form)

follow with CMC rules adjustment.

Low volume, yet decent coins need another board.

CMC is clearly adjusting to favor the top end (eth asset BS class) ... which are not coins kids ... fine okay but average Joe COINS need a new means to judge value.

[Lionidas]

I heard of BCC but never really believed in it so didn't look into it any further.
Kind of funny when the BTU thing came up then you see these exchanges making their own alt coins that are only traded on their own exchanges.

[kiklo]

If CMK is going to change the Low Volume Reporting requirements whenever and however they please to manipulate the coins placement

They should either only list by Trading Volume or only List by MarketCap.

Listing by Marketcap with constantly changing low volume rules is an attempt to hurt the honest exchanges that don't fake trading volume like Poloniex does.

List of Alternate Market cap Listing Sites

https://coincap.io/    which lists by the true coin cap value alone
or
https://www.worldcoinindex.com/    which lists by the Trading Volume value alone


Choose which is more important to you.

Anyone else have any other Marketcap reporting sites, post them and we will make a list , as CMK is of no value now that it is manipulating data.