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Author Topic: Was coinmarketcap hacked?  (Read 444 times)
ankutsa_temp (OP)
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August 03, 2018, 03:34:35 PM
 #1

I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
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August 03, 2018, 03:35:41 PM
 #2

I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??

lol thats not good news for an index onces they are hack rumors they are being dropped in usage by the countless traders, and speculators

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August 03, 2018, 03:40:22 PM
 #3

I think it was a wrong news. Hope that nothing will happen. Just relax  Smiley
ankutsa_temp (OP)
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August 03, 2018, 03:41:51 PM
 #4

almost all altcoins were like listed with 300% - 800% changes.
but it seems to be back to normal now. only vechain is -90%.

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August 03, 2018, 03:43:34 PM
 #5

I think something went wrong Smiley I see incredible prices, expecially on bitforex section. Marketcap has reached  $346.000.000.000 usd and go back to 282 in ten minutes. It is not a good news another hack
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August 03, 2018, 03:45:29 PM
 #6

NXT was at 11000 sats.
DGB was at 4000 sats
almost all altcoins were 800 to 900% rise.
Probably they played April fool with us  Grin
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August 03, 2018, 03:47:06 PM
 #7

almost all altcoins were like listed with 300% - 800% changes.
but it seems to be back to normal now. only vechain is -90%.



an index with this kind of fraud shouldnt be recognized and used globally as leading index. it has its bad rumors regarding corruption as well. its time for better indexes.

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August 03, 2018, 03:48:02 PM
 #8

Right now bitcoin is showing 8110$ in CMC. Is it a CMC bug?
Update: Now its back to 7600$
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August 03, 2018, 03:52:41 PM
 #9

OHG! !! For a moment I felt like jumping around since I saw incredible value rises in some coins I'm hodling.
Wow!!! The bullish run will indeed be a very exciting days.I can't just wait to see it.

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August 03, 2018, 03:53:47 PM
 #10



CMC sucks.

its extremly corrupt and the exchanges they orient bitcoin on have a low volume

the time this forum dominated cryptocurrencies worldwide is fading away, glens coinmarketcap isnt dominating the attention and market definiton today anymore as there are countless alternative cryptoindexes.

i bet soon they all will have completely different coins  Grin

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August 03, 2018, 03:55:41 PM
 #11

I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.

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August 03, 2018, 04:01:27 PM
 #12

I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.

it should be a warning for all that coinmarketcap manipulated the prices by defining where a legit transaction happened and where not.

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August 03, 2018, 04:04:47 PM
 #13

It's just a technical problem which can happen to any index. Don't you think if it was really hacked, the guy would have better to do than that? It doesn't worth to hack the website just to change some values, come on. Don't spread this kind of rumor

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August 03, 2018, 04:06:56 PM
 #14

lol it's seem not hacked but market bug or bot trading on some exchange
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August 03, 2018, 04:07:06 PM
Last edit: August 04, 2018, 02:02:11 PM by BitMaxz
 #15

~snip~
Or the other reason it may be because of the larger bitcoin correction? I just heard it from a news article in the past few hours and I think this is the reason of the price fluctuate but when checking it with the live chart from bitcoinwisdom and cryptowat.ch I don't see a history of big fluctuate in the past few minutes or hours so I think this is only CMC glitch.

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August 03, 2018, 04:07:15 PM
 #16

CoinMarketCap tweeted this 18mins ago as of this posting:

"We are currently aware of an issue with the data we are pulling in. We are investigating this matter and we will follow up with more information shortly."

Upon seeing the site just now, looks like it came back to normal now.

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August 03, 2018, 04:07:49 PM
 #17

I don't know what you guys are seeing but it seems to be back to normal now. CMC probably included/excluded some exchanges on the markets tab of certain coins/tokens hence there was a huge fluctuations in price.

it should be a warning for all that coinmarketcap manipulated the prices by defining where a legit transaction happened and where not.

I'm not going to defend coinmarketcap here, but CMC sure can do anything they can want to their charts. The reason they excluded some exchanges is because of some of these exchanges having no fees, hence they could easily fake the volume of some coins/tokens. Though people need to understand that CMC isn't the only site for coin/token prices.

~snip~
Or the other reason it maybe because of the larger bitcoin correction? I just heard it from news article in the past few hours and I think this is the reason of the price fluctuate but when checking it with live chart from bitcoinwisdom and cryptowat.ch I don't see  a big fluctuate in few minutes or hours so this is only CMC glitch.
Bitcoin correcting in price shouldn't likely end up causing ETH to rise 20% in price though. So yeah, definitely something's wrong.

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August 03, 2018, 04:09:23 PM
 #18

after reading the various posts here I immediately check CMC but all there is nothing strange, all data goes as it should be


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August 03, 2018, 04:09:30 PM
 #19

I just saw some crazy numbers on coinmarketcap..
like $8500 btc, -90% vechain, +20% eth..
wtf is going on??
I wad also surprised a sudden increased in bitcoin, ethrium and other alt coins I thought there was a quick huge pump as markep cap increase quickly and bitcoin price increase almost 1 thousand u.s. dollar.

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August 03, 2018, 04:12:30 PM
 #20

That was really crazy. All my coins were hitting the moon and I taught I was going to be rich soon. Hahaha

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