We need a new coin market cap site ASAP before New Years 2014

[Kometes]

coinmarketcap.com added Ripple at #2. Ripple is backed by wealthy connected investors, they bought their way onto Bitstamp and 90 billion ripple are owned by the top 15 holders.

We need a new market cap site that excludes pre-mined and closed-source coins as they threaten the decentralized movement and mislead new investors. Mastercoin, Nxt and Quark are basically pre-mined and should also be removed.

This is a shame because Mastercoin being a distributed exchange on the Bitcoin network is otherwise a fantastic idea.  Nxt is also written in Java which is a step backwards as the language is owned by Oracle, ask Google about how great of an idea it is to use a Java-like language. Imagine if Oracle unleashed its army of lawyers to claim ownership to the new world currency and all derivatives. Nxt is fundamentally tainted, it's too late to even rewrite it in another language, stay the hell away from it.

EDIT: Change your bookmarks to http://cryptmarketcap.com (thanks greentea)

[1714853279]

1714853279

[1714853279]

1714853279

[1714853279]

1714853279

[1714853279]

1714853279

[guybrushthreepwood]

coinmarketcap.com added Ripple at #2. Ripple is backed by wealthy connected investors, they bought their way onto Bitstamp and 90 billion ripple are owned by the top 15 holders.

We need a new market cap site that excludes pre-mined and closed-source coins as they threaten the decentralized movement and mislead new investors. Mastercoin, Nxt and Quark are basically pre-mined and should also be removed.

This is a shame because Mastercoin being a distributed exchange on the Bitcoin network is otherwise a fantastic idea.  Nxt is also written in Java which is a step backwards as the language is owned by Oracle, ask Google about how great of an idea it is to use a Java-like language. Imagine if Oracle unleashed its army of lawyers to claim ownership to the new world currency and all derivatives, Nxt is fundamentally tainted, stay the hell away from it.

Ripple Mastercoin and Nextcoin are all scamcoins with fraudulently inflated prices.

[greentea]

there is another
cryptomarketcap.com

cryptmarketcap.com

[finnmacool]

I find what is going on with ripple and coinmarketcap.com to be utterly offensive. Why don't they just post all the coins caps with their fully distributed positions? Wait for the first media piece touting Ripple as moving up in the ranks so quickly! It'll be amazing! Tear that shit apart.

[play93]

I don't get it. Why is this ripple such a big thing within a day??

[finnmacool]

I don't get it. Why is this ripple such a big thing within a day??

Because they are basing the market cap on the total number of ripple that will ever be issued. If they did the same thing with BTC and LTC and every other coin on the list it would look completely different.

In other words, it's shady as FU&*!!! Not that it really means anything but it's a blatant attempt at "something". It is just a really odd thing to do.

[Sukrim]

Ripple's server code is open source since September and XRP are not essential for ripple itself to work. Bitstamp is a gateway there for the better part of 2013 already.

[qiBet]

there is another
cryptomarketcap.com

cryptmarketcap.com

Thank you for the information!

[infinitybo]

@Kometes As soon as possible because we really need a new coin market before next year.