Time to boycott coinmarketcap.com

[LiteCoinGuy]

Looks like ripple must of paid off the owner of coinmarketcap to display ripple as the 2nd most popular cryptocoin .We all know this is a lie as most ripple coins we created and are owned by the company that started it.

time to swtich over to a better site that doesn't count centralized , premined or intsamined coins


http://www.cryptmarketcap.com/
http://www.cryptocoincharts.info/v2/coins/info


(original post from "Bossman")


ridiculus to add "scam non coin " Ripple to that list in my opinion.

[coinrevo]

Very interesting, I wondered what happened. Here is the problem: everyone has an opinion. This ranges from what constitutes a serious alt coin, to how you calculate market cap. Eventually every such site will have incentive to sell out (if that is what happened). But to be fair if those are the stats, there is little to argue with that. Depends on how you calculate "market cap".

Which of the coins are pre-mined? Most bitcoin devs believe most coins are pure pump&dumps, but others think bitcoin is selling out. Best is to establish some ground rules. I personally don't believe in any coin which is not opensource.

By the way cryptmarketcap doesn't list next coin? They have 46 listed coins. Coinmarketcap has 64, and Nxt moved to the bottom for some reason.

[yatsey87]

Looks like ripple must of paid off the owner of coinmarketcap to display ripple as the 2nd most popular cryptocoin .We all know this is a lie as most ripple coins we created and are owned by the company that started it

I don't think there's any evidence to suggest he was bribed, but apparently he took it to a public vote. I don't see how we can trust half of these coins now since the markets are so easily manipulated.

[Melbustus]

Only "issued" coins should count toward market-cap.

I'd count pre-mined (& never sold) coins as NOT issued into the market.

This is similar to shares of stock on the stock market.... Corps generally "authorize" a huge number of shares in their company formation docs , but only periodically "issue" (sell) a fraction thereof into the market. It's those "issued" shares that all financial services use to compute market-cap.

[JohnsonRobinson]

Ripple is not a cryptocurrency.

It is not mined, it is not decentralized, it is issued by a company.  It totally undermines these key cryptocurrency benefits.

[coinrevo]

Well, even if you account for pre-mining, underlying problem is really new issuance. So the total supply figure is in some cases meaningless. In the end exchanges or other intermediaries will make decisions, akin to stock market tiers. Some of these "coins" are really a joke, but some are determined to lose their money.

[coinrevo]

Ripple is not a cryptocurrency.

It is not mined, it is not decentralized, it is issued by a company.  It totally undermines these key cryptocurrency benefits.

I don't know. The people there have a lot of knowledge and have been working on this for many years. Much more than the other alt-coins. Proof-of-stake is arguably the same principle.

[stompix]

It's not the 2nd most popular.
And you can easily see that you can look at the chart by volume , name , price per unit etc.

Boycott? Why?
They list something. Do you pay them for this , are you forced to use them?
They haunt your dreams? Or are you butthurt because LTC isn't number 2 anymore.

If a coin is loosing value because it's not number 3 or 4 on some website , then that coin deserves to die.

[JohnsonRobinson]

Ripple is not a cryptocurrency.

It is not mined, it is not decentralized, it is issued by a company.  It totally undermines these key cryptocurrency benefits.

I don't know. The people there have a lot of knowledge and have been working on this for many years. Much more than the other alt-coins. Proof-of-stake is arguably the same principle.

We are dealing with a crisis of trust, a crisis that corporations are a key part of.

Ripple issuance is controlled by a company.

[JohnsonRobinson]

It's not the 2nd most popular.
And you can easily see that you can look at the chart by volume , name , price per unit etc.

Boycott? Why?
They list something. Do you pay them for this , are you forced to use them?
They haunt your dreams? Or are you butthurt because LTC isn't number 2 anymore.

If a coin is loosing value because it's not number 3 or 4 on some website , then that coin deserves to die.

Because, listing Ripple, a centrally controlled 'coin', together with genuine cryptocurrencies, which are actually decentralized, is an intentional deception to get us to believe that Ripple is decentralized.

www.RippleScam.org

[adrian33]

try http://bitinfocharts.com/

[stompix]

It's not the 2nd most popular.
And you can easily see that you can look at the chart by volume , name , price per unit etc.

Boycott? Why?
They list something. Do you pay them for this , are you forced to use them?
They haunt your dreams? Or are you butthurt because LTC isn't number 2 anymore.

If a coin is loosing value because it's not number 3 or 4 on some website , then that coin deserves to die.

Because, listing Ripple, a centrally controlled 'coin', together with genuine cryptocurrencies, which are actually decentralized, is an intentional deception to get us to believe that Ripple is decentralized.

www.RippleScam.org

So , because you see a salad in the McDonalds menu , you assume it's deep fried?

[LiteCoinGuy]

ripplescam.org


good website 

[X68N]

So , because you see a salad in the McDonalds menu , you assume it's deep fried?

It seems you dont get the point what the problem is. I will try it.
The site is/was seen as a Benchmark which cryptocoin
gain in popularity (measured but mined coins * last price)

Now they added Ripple,Nxt,MasterCoin to the list which are like the direct opposite of Bitcoin.
They are centralised and "minted" = not mined.

So comparing a digital Currency with is minted vs. one which need time to be mined is
like cheating in a benchmark comprison, because the measurement is distorted=biased.
It like comparing the IQ of a kid with an adult. It is just biased.
The curiosity is, "biased" is used as argument against the people who point on the fact
the to types of currencies can not be compared on one page.

I hope i could explained the problem.

[stompix]

So , because you see a salad in the McDonalds menu , you assume it's deep fried?

It seems you dont get the point what the problem is. I will try it.
The site is/was seen as a Benchmark which cryptocoin
gain in popularity (measured but mined coins * last price)

Now they added Ripple,Nxt,MasterCoin to the list which are like the direct opposite of Bitcoin.
They are centralised and "minted" = not mined.

So comparing a digital Currency with is minted vs. one which need time to be mined is
like cheating in a benchmark comprison, because the measurement is distorted=biased.
It like comparing the IQ of a kid with an adult. It is just biased.
The curiosity is, "biased" is used as argument against the people who point on the fact
the to types of currencies can not be compared on one page.

I hope i could explained the problem.

You don't get the point. That is a list of digital currencies. Not a list of currencies that are mined.
There is no definition nor for digital nor for cryptos that they have to be mined and not issued.

People try to force the principles of Bitcoin on all other coins , which is not right.
Also , your comparison is false by claiming that both MasterCoin and Ripple are centralized.
How are both of them centralized , using the same argument?

[X68N]

.... That is a list of digital currencies. Not a list of currencies that are mined.
There is no definition nor for digital nor for cryptos that they have to be mined and not issued.
People try to force the principles of Bitcoin on all other coins , which is not right.

Yes if you see it like that it is "just" a list.
I see it not like that the site is very popular and has potential to influence people minds about the popularity of a currency.
I see the potential to influence new people to believe
the coins work like bitcoin. In fact they are the opposite. My position is this must be clear, otherwise it is not right.
There is no enfocing of principles. It is the other way around.
XRP,NXT,MST are abusing the Bitcoin trend, if they dont make clear to everyone, they work completely different.
By listing them together it seems for non nerds and newbies like they play in the same class.
The fact they are "minted" is a serious difference.

When it is just a list, then what speaks against it to also list Lindendollars and Amazoncoins?

Also , your comparison is false by claiming that both MasterCoin and Ripple are centralized.
How are both of them centralized , using the same argument?

If a part of this argument if false then please correct me. It doesnt make the hole argument false.

greetings

[stompix]

.... That is a list of digital currencies. Not a list of currencies that are mined.
There is no definition nor for digital nor for cryptos that they have to be mined and not issued.
People try to force the principles of Bitcoin on all other coins , which is not right.

Yes if you see it like that it is "just" a list.
I see it not like that the site is very popular and has potential to influence people minds about the popularity of a currency.
I see the potential to influence new people to believe
the coins work like bitcoin. In fact they are the opposite. My position is this must be clear, otherwise it is not right.
There is no enfocing of principles. It is the other way around.
XRP,NXT,MST are abusing the Bitcoin trend, if they dont make clear to everyone, they work completely different.
By listing them together it seems for non nerds and newbies like they play in the same class.
The fact they are "minted" is a serious difference.

When it is just a list, then what speaks against it to also list Lindendollars and Amazoncoins?

So , the people behind ripple should post on coinmarketcap how ripple works?
LMAO.

If you want to know how ripple works you got to their website and learn from there.
Also , it has been debated in this forums so many times what ripple is and how it is different from Bitcoin I really don't get it how you (based on your reg date) still can say that.

And to your last argument , which is pretty pathetic , I think cmc should add also livejasmin credits.

[TheTribesman]

There's a market out there for someone to build a coinmarketcap clone that only lists decentralized/mined cryptos. They'll get an automatic audience.

I'd do it, but I don't have those skills.
 

[stompix]

There's a market out there for someone to build a coinmarketcap clone that only lists decentralized/mined cryptos. They'll get an automatic audience.

I'd do it, but I don't have those skills.
 

And then people will argue that it should only list some coins because the others are clones. And then only scrypt ones , and then only coins with an animal logo.
The ranting will never stop.

[TheTribesman]

There's a market out there for someone to build a coinmarketcap clone that only lists decentralized/mined cryptos. They'll get an automatic audience.

I'd do it, but I don't have those skills.
 

And then people will argue that it should only list some coins because the others are clones. And then only scrypt ones , and then only coins with an animal logo.
The ranting will never stop.

LOL. I hear ya!