BitcoinHodler
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August 15, 2018, 11:47:29 AM |
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these websites such as coinmarketcap.com and about a dozen others, are only reporting what is happening on exchanges. they should not be the ones deciding what coin is listed and what coin is not. if a coin exists on some exchange out there then they must report it and if you want something to be delisted then you should talk to the exchanges to remove the coin not coinmarketcap.com they are nobody in this world except a reporter.
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Holding Bitcoin More Every Day
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AgatioX
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August 15, 2018, 11:58:25 AM |
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Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.
Why don't these sites remove such coins?
There are a lot of garbage on the market right now. Give an example, which coins do you think should be removed? If you did not know, then only those tokens can be scrolled through CMC , the daily trading volume of which is more than 5k $
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Vit83
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August 15, 2018, 02:03:08 PM |
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Also, there is another thing) If they will remove lots of coins and total market capitalization will fall) This will cause panic on the market like it was when they remove Korean exchanges from BTC price counting)
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bitekoin (OP)
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August 15, 2018, 02:14:07 PM |
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Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.
Why don't these sites remove such coins?
There are a lot of garbage on the market right now. Give an example, which coins do you think should be removed? If you did not know, then only those tokens can be scrolled through CMC , the daily trading volume of which is more than 5k $ Just scroll past > 1000 and see some coins with one or two extremely low-cap exchanges, which were quite popular at their time. Their ANNs haven't had activity for years, but once in a while their graphs have spikes showing some pump and dumps by unknown forces. Definitely some people got burned there. The least they could do is have a page for these types of coins, and remove them from the normal trending and other stats pages.
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evilsign
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August 15, 2018, 02:43:23 PM |
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Too many coins and tokens that have been listed in coinmarketcap, maybe they have difficulty to overcome this problem. Although the requirements for listing on coinmarketcap are quite difficult, still they should manage the survival of coins or tokens that have been listed there and delist coins that are no longer active.
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JCLee
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August 15, 2018, 02:48:44 PM |
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As I know so many dead coins removed on Coinmarketcap . For example ULA, a cryptocurrency come from Vietnam, delisted on Coinmarketcap and for now you guys can't find it out on Coinmarketcap anymore . I think you guys just need to wait cause it's not easy to check thousands cryptocurrency in few days or a single day only .
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davida
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August 15, 2018, 02:50:07 PM |
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Yes, they should delist these dead coins for more potential ones but I think there is a criteria that is used by these sites and it is considered before they will delist the coin from their site.
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Klara_karlovna
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August 15, 2018, 03:39:27 PM |
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Good question. Very often in the hero/zero see a strange no name coins. Who needs them. All Scam projects should also be removed. This will protect the newbies
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Bencus
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August 15, 2018, 04:46:17 PM |
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I agree, coinmarketcap should definately delist dead coins. There is just no point listing them. If some coins get delisted, they might be listed again if the activity increases, so I see no point not doing so.
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BattleZeo
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Global loyalty & rewards
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August 15, 2018, 10:33:51 PM |
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Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.
Why don't these sites remove such coins?
is some manipulating dead coins? There are bunches of useless coins and every one has own manipulator? I think infamous coin with small volume doesn’t mean they are dead coins.
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Jekbolt
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August 16, 2018, 09:44:19 AM |
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I agree with the opinions that CMC should not delist neither altcoins or exchanges due to low volumes. The best way is to list everything so that investor (or other people) could:
1) find any altcoin on CMC in a convenient way; 2) Review all available info about found the altcoin by using verified links inside CMC; 3) Make own decision about the altcoin after reviewing its background and perspective. If the product/service related to this altcoin is a weak, then there is no reason to purchase it even if fake volume of trade is high.
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Geleve
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September 16, 2018, 07:37:03 AM |
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i dont know what criteria they have for delisting coins but i know that they have some strict rules about both listing and delisting. coinmarketcap is one of the most trustable website to get information about crypto market. and we sometimes need information of dead coins too.
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bellator66
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September 16, 2018, 07:44:59 AM |
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In fact there are many traders who only trade these coins that you consider dead because they make a lot of money from them. because altcoins that are traded on multiple exchanges and have a volume are actually not considered dead coins according to many investors.
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Dragonrage201
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September 16, 2018, 07:57:09 AM |
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coinmarketcap biggest gainers and losers now does has a filter of minimum $50K volume over 24 hours that is supposed to filter some of the dead or useless coins. Always check the details of a coin before buying it based upon any listing site.
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Kelarid
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September 16, 2018, 08:12:47 AM |
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Also, there is another thing) If they will remove lots of coins and total market capitalization will fall) This will cause panic on the market like it was when they remove Korean exchanges from BTC price counting)
The dead coins will have low market cap. So it does not affect a lot.
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5ensei
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September 16, 2018, 12:54:25 PM |
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These deadcoins should definitely be delisted, exchange activity should not be the only criteria for listing, they should check social media aspects as well. If the bitcointalk threads have been abandoned along with twitter, FB, telegram, reddit, then there is no community, just a deadcoin waiting for a pump and dump group
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terencio
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September 16, 2018, 12:57:55 PM |
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If their is no volume within 6-8 months or year, I guess CMC should take actions and delist all this dead project not to confuse the newcomer in crypto and focus only on alts with volume.
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Cindykhato
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September 16, 2018, 01:34:16 PM |
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Aggregator sites like coinmarketcap and livecoinwatch often show trends of greatest gainers/losers of the day/week/month/year. However, coins with almost dead marketcaps are prone to manipulation.
Why don't these sites remove such coins?
I think they have rules in removing those weak coins, this site only feeding data base on the movement of market trends. It's the investors responsibility if they will follow or not. Besides all crypto has a tendency to manipulate just to gain profits.
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abstractednerve
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September 16, 2018, 01:36:20 PM |
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If their is no volume within 6-8 months or year, I guess CMC should take actions and delist all this dead project not to confuse the newcomer in crypto and focus only on alts with volume.
But according to my observations they have never done that, Deadcoin or scam coin is still listed at coinmarketcap. I guess this to prove crypto is so varied and rich that people can find out all the information they need.
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diouf67
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September 16, 2018, 03:49:37 PM |
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If they're really dead then there will be no trade volume and so there won't be any price changes on CMC. CMC is a site designed just to check market cap, volume etc. Just because they are 0 does not mean that this should not still be offered. What if someone wants to check on a coin they invested in a few years ago that's now at 0.
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