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Author Topic: Is CMC still safe at all ??  (Read 23046 times)
rangnatht
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January 12, 2019, 02:06:57 AM
 #41

You just can't depend on someone who is saying somthing to you. You have your mind and you have ability to research what you saw. On CMC I know their are so many dead projects still live but you have free to think that is project is good or not. CMC is just provide you some data about the coin which makes to help your research.
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January 12, 2019, 02:14:27 AM
 #42

before the coins are registered in CMC there are requirements that must be met, maybe fraudsters are very good at manipulating trade so that they can register their coins at CMC, this is not entirely CMC's fault but because fraudsters are increasingly troubling, maybe KYC or the legality of a country is the solution.

Natalim
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January 12, 2019, 02:53:22 AM
 #43

There is a system that they follow in listing the coin, if a coin will qualify they are gonna list it and will remove if coin is not active anymore.
If you think of safety, it's not the CMC's job, they only provide information, the decision to invest is still on the hand of the investors, they decide based on the information they see but they should not limit themselves only in one source, the market is wide, they have to be resourceful.

partysaurus
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January 12, 2019, 03:49:44 AM
 #44

I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons

1. Many dead projects still on cmc

2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap

3. Cmc doesn't verify authenticity of projects before listing it

4. CMC now have ads of fake icos on their website thereby leading people to scammers


Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic

Let me stop here and anyone against it should bring a proof to counter it
Or offer more options



im not trusting them ever again after the whole ripple situation last year when they removed all korean markets from cmc to make the price free fall.
libert19
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January 12, 2019, 04:07:50 AM
 #45

Completely agree, meanwhile many scam projects get listed on CMC every few days and honest projects don't get listed — god knows what criteria they follow.

Oh wait, money talks.
Woolles890
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January 12, 2019, 04:13:44 AM
 #46

CMC gives the opportunity for each coin to be registered, CMC also provides information on incoming coins and if remodeling coins that are not potential then this is indeed good, to reduce the level of fraud. We first learned about crypto by looking at the list in CMC.

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TheWalkingCoin
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January 12, 2019, 04:15:25 AM
 #47

My opinion CMC is the best way how to make your coin and ICO will be on higher price, many ICO after listing their coin at CMC make all investor know and and want to invest their money, its best solution how to make price growing up.
Caladonian
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January 12, 2019, 04:26:12 AM
 #48

You just can't depend on someone who is saying somthing to you. You have your mind and you have ability to research what you saw. On CMC I know their are so many dead projects still live but you have free to think that is project is good or not. CMC is just provide you some data about the coin which makes to help your research.
Which is right, each time you check the site it's giving you ideas not because you see the information it will stop there, you should keep in mind that a lots of informative website that can be added to assist you before investing with any assets that you will going to buy.
prororo
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January 12, 2019, 04:32:42 AM
 #49

I guess we can't trust any media at this time. It would be better if we research the project itself before we buy or invest because it will make us more secure than we believe in fake data.
I think CMC can only be trusted but not for all coins

Nurma.A
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January 12, 2019, 04:41:25 AM
 #50

they can't possibly think about which projects are dead, which ones are scams. in fact, CMC could be paid for by everything like fake ico, the total supply is inappropriate and others. (this is just thinking, don't take it seriously).

we must be careful. if we already know it all at CMC. we must be more careful in choosing ico.

Pffrt
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January 12, 2019, 05:13:04 AM
 #51

The only thing I don't like on coinmarketcap is the ICO promotion. Other than this, fake volume is based on exchange. You should blame the exchange. By the way, there are some more sites like cmc. You can use the those.
sekop
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January 12, 2019, 05:22:20 AM
 #52

We can see CMC so much has been improved so that it can be controlled even though there are still many low coins. This helps us to be able to take decent coins, but all have different views and many of the same sites can exchange opinions or other assumptions.
iyah adrian
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January 12, 2019, 06:39:00 AM
 #53

We can see CMC so much has been improved so that it can be controlled even though there are still many low coins. This helps us to be able to take decent coins, but all have different views and many of the same sites can exchange opinions or other assumptions.
Every day, of course sites like CMC will continue to exist. And everyone really has a different view. And I also see CMC already very good and I also use CMC more often to see new and old tokens.
Jadesola
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January 12, 2019, 07:40:42 AM
 #54

Though it may be difficult for CMC to verify all project because if the number of project that has been developed but I guess CMC can still put up some measures just to uphold it credibility.
den11111
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January 12, 2019, 07:47:10 AM
 #55

I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons

1. Many dead projects still on cmc

2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap

3. Cmc doesn't verify authenticity of projects before listing it

4. CMC now have ads of fake icos on their website thereby leading people to scammers


Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic

Let me stop here and anyone against it should bring a proof to counter it
Or offer more options
Coinmacketcap is simply a place to track market prices, it is not a trading platform. Coinmacketcap does not have any connection with all projects in the electronic money market. CMC is still the most reliable place to monitor the market.
UAE Seasider
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January 12, 2019, 07:58:28 AM
 #56

How can it be safe or unsafe it is solely an information site and not somewhere you would send crypto or give your KYC data to. It has often proven to be inaccurate with data but it is a place where we can get a good measure of what is going on with the market.

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IVEXO
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January 12, 2019, 08:16:41 AM
 #57

Completely agree, meanwhile many scam projects get listed on CMC every few days and honest projects don't get listed — god knows what criteria they follow.

Oh wait, money talks.

There are no criteria’s anymore in coinmarketcap
They are in a free fall and I do hope this challenges other potential projects to usurp them

In crypto currency during bearish period is when trust and honesty had to been upheld
Coinmarketcap is now after money, be careful
Alohadanc3
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January 12, 2019, 08:17:01 AM
 #58

It's just nothing but a information website which give information about the token price, website , which exchange they are available and the volume, and Twitter page. It's just information it's up to you to do the research part. It's hard for them to authenticate every project they just use exchange API which show the information. And about ico ads it's just a ads and ads are everywhere and its not in there hand it's on google and you which ads Goole wants to show you. I think for information about any coin there is nothing better than coinmarketcapcap.

peter0425
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January 12, 2019, 08:27:36 AM
 #59

I don't trust them at all. I just go there to look for the current price and that's it. I don't click any ads or even look at the ICO they're promoting there. I think there has been discussions about this years ago, If I'm not mistaken so I'm fully aware of some of the malpractices of cmc so I don't bother.

amaterazu
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January 12, 2019, 08:28:26 AM
 #60

Coinmarketcap is a very helpful site and I think making a safe investment is at the top 10 coins. And on this site, we can get a lot of information and knowledge about coin price movements. And as long as this market price drops, I think the project failed and the fraud project will increase.

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