Bitcoin Forum
October 25, 2020, 10:11:05 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Does Coinmarketcap (CMC) really showing us fraudulent information?
Very untrue of what I believe - 0 (0%)
Untrue of what I believe - 0 (0%)
Somewhat untrue of what I  believe - 0 (0%)
Neutral - 1 (100%)
Somewhat true of what I  believe - 0 (0%)
True of what I believe - 0 (0%)
Very true of what I believe - 0 (0%)
Total Voters: 1

Pages: [1]
  Print  
Author Topic: Does Coinmarketcap (CMC) really showing us fraudulent information?  (Read 51 times)
PalindromemordnilaP
Full Member
***
Offline Offline

Activity: 476
Merit: 101



View Profile WWW
March 25, 2018, 02:36:44 AM
 #1

I have bumped into this article lately accusing the #1 website in the cryptocurrency industry (coinmarketcap.com) that it's showing fraudulent information (on purpose) to us.

What's your take on this?

1603663865
Hero Member
*
Offline Offline

Posts: 1603663865

View Profile Personal Message (Offline)

Ignore
1603663865
Reply with quote  #2

1603663865
Report to moderator
1603663865
Hero Member
*
Offline Offline

Posts: 1603663865

View Profile Personal Message (Offline)

Ignore
1603663865
Reply with quote  #2

1603663865
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1603663865
Hero Member
*
Offline Offline

Posts: 1603663865

View Profile Personal Message (Offline)

Ignore
1603663865
Reply with quote  #2

1603663865
Report to moderator
1603663865
Hero Member
*
Offline Offline

Posts: 1603663865

View Profile Personal Message (Offline)

Ignore
1603663865
Reply with quote  #2

1603663865
Report to moderator
pooya87
Legendary
*
Offline Offline

Activity: 2156
Merit: 3208


Remember tonight for it's the beginning of forever


View Profile
March 25, 2018, 03:30:02 AM
 #2

first of all this is people's fault for looking for thinking CMC is providing them with valuable information! whereas it is just data that they are gathering and the way they sort coins is the worst of all times and the harm that has done so far has been great because it has overshadowed good projects which actually have high price but since their supplies are low means they go to the bottom of the list.

second this article seems more like someone who wants to attack CMC for some personal reasons and although he is right on most accounts but that doesn't  change the fact that he is doing it for some personal reasons in my opinion. and it has some contradictory information. he says 75% of the coins there have wrong information but then says he has only checked top 500 which is about 30% of the total listed!

and finally at the bottom of the list, the coins he is arguing about are mostly nitpicking arguments and some have some merit. and for most of them he is only repeating the fact that using market cap to rank coins is false! that is general and applies to all of them not some.

Caesar-Giulius
Sr. Member
****
Offline Offline

Activity: 728
Merit: 250


Buy, sell and store real cryptocurrencies


View Profile
March 25, 2018, 03:49:44 AM
 #3

I don’t think coinmarketcap is showing fraudulent data. It use api and showing the data of each exchanges, so it is just showing what is in each exchange.

.


.
.



▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████
██████████████████████████████████████
███████████████████████▀██████████████
█████████▄▄      ▀▀██▀╜  ▀▀███████████
████████████▄       ██   ▀^╓▀█████████
██████████████      ║█    ,▀██████████
█████████████▄▄      █▌   ████████████
████████████████▄     ▀█▄  ███████████
████████████████▀,,,    ╙▀▀█▀ ████████
█████████████████▀▀▀█▄▄       ████████
███████████████▀     ▀███████▀████████
██████████████▌       ▐█* ▀▓▀ ████████
████████████*██▄     ▄██▄▄▄▄▄▄████████
██████████▀`  ▀██▄   ▀████████████████
████████▀`  ▄█████▌   ╙███████████████
████████▄,   ▀████ ,,,  "▀▀███████████
██████████,,,,, ╙█▄███▄▄,,,,╙▀████████
██████████████████████████████████████
██████████████████████████████████████
██████████████████████████████████████
L B X.


■                         ■                        ■                        ■                        ■                        ■                         ■
The London Block Exchange
■                         ■                        ■                        ■                        ■                        ■                         ■
.


.
.


.
WDownload OnW
[.
          ▄▄█▀
         ███▀
   ▄▄▄▄  ▀  ▄▄▄▄
 ▄███████▄██████▌
▐██████████████▌
███████████████
▐██████████████▌
 ███████████████▌
  ██████████████▌
   ▀████▀▀▀████▀
/      ▌ ▄▄▄▄ ▐
     ▄█▀████▀█▄
    ▐██████████▌
 ▄▄ ▀▀▀▀▀▀▀▀▀▀▀▀ ▄▄
▐██▌████████████▐██▌
▐██▌████████████▐██▌
▐██▌████████████▐██▌
 ▀▀ ████████████ ▀▀
    ▀██████████▀
      ▐██  ██▌
      ▐██  ██▌
]
.


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!