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Author Topic: Is CMC still safe at all ??  (Read 23046 times)
Distinctin
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January 17, 2019, 01:37:44 AM
 #161

I haven't used CMC for a long time because I prefer to immediately see the price situation in the market because in my opinion CMC is late in updating prices and sometimes not the same as market situation
Not all coins are listed on CMC and even old and existing coins aren't shown up.  CMC price doesn't matter cause we actually wanting to know the exactly in any exchanges as there is an actual trades happening.  Any price fluctuations happen doesn't appear directly and tales a while before it become updated. So no worries about CMC.
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January 17, 2019, 04:34:45 PM
 #162

Based on my own definition, "I see CMC as crypto display screen." It is a site meant to give you information of coins that are listed on it. If does not screen these coins whether they are scam or not. So it it left for you that is investing in those coins, to do your own research and be sure you are going for a coin of your choice and that will not cause you any firm of loss.
What I find interesting is that people want to invest in a market which can give huge profits and yet they want the market to not present any danger or any possibility of being scammed and such a thing is not possible, no website can protect us from our own mistakes, if we decide to invest in the market of cryptocurrencies we need to accept full responsibility for our actions otherwise it is better to get out of the market and invest in something safer like bonds.
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January 17, 2019, 05:18:12 PM
 #163

I haven't used CMC for a long time because I prefer to immediately see the price situation in the market because in my opinion CMC is late in updating prices and sometimes not the same as market situation
Not all coins are listed on CMC and even old and existing coins aren't shown up.  CMC price doesn't matter cause we actually wanting to know the exactly in any exchanges as there is an actual trades happening.  Any price fluctuations happen doesn't appear directly and tales a while before it become updated. So no worries about CMC.
I also still use CMC to monitor the market and I think CMC is fine. I think CMC is like the parent market because it considers the prices of many markets and determines it so sometimes the prices differ slightly or sometimes CMC is late because CMC displays average prices.
Broiler78
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January 17, 2019, 05:19:56 PM
 #164

So far I use Coinmarketcap still safe and comfortable, I only invest in the top coinmarketcap coins, so I avoid fraudulent projects.

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January 17, 2019, 10:53:49 PM
 #165

I think it is safe and the safest way to use coinmarketcap is to focus on the prices and markets
And also ensure to do researches on them by checking the trading volume amongst others

Coinmarketcap remains a very good website despite the dips
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January 17, 2019, 11:01:29 PM
 #166

I haven't used CMC for a long time because I prefer to immediately see the price situation in the market because in my opinion CMC is late in updating prices and sometimes not the same as market situation
Not all coins are listed on CMC and even old and existing coins aren't shown up.  CMC price doesn't matter cause we actually wanting to know the exactly in any exchanges as there is an actual trades happening.  Any price fluctuations happen doesn't appear directly and tales a while before it become updated. So no worries about CMC.
I also still use CMC to monitor the market and I think CMC is fine. I think CMC is like the parent market because it considers the prices of many markets and determines it so sometimes the prices differ slightly or sometimes CMC is late because CMC displays average prices.
You should stop say a bullshit about CMC. CMC has a problem when there was a scam that disappear and they must remove it from the overall total coin in the market.
CMC is a bit different compared to the coingecko.
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January 18, 2019, 08:56:13 AM
 #167

You need't to be worried because you don't have better sites than coinmarketcap. Google is the world's best and trusted searchengine but there you can show some unnecessary adds. This is not a matter at all. As an investor, you have chose a good and strong coin that have future potentiality and realistic and should reject shit coins. It is your duty, not for coinmarketcap.
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January 18, 2019, 09:07:58 AM
 #168

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

Those ads even if it's fake or not, cmc has nothing to do with it as long as they pay for the ads they make on cmc website. Also those dead project has paid for their listings on cmc so the contract is done, dead or alive they will be listed as what the contract has stated. It all comes down to money in business and don't expect it to be perfect for you.

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January 19, 2019, 07:00:13 PM
 #169

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
Instead of trying to castigate the coinmarketcap, it is best to offer valuable advice that can make it better. Come to think of it, if everyone begins to discredit the information on cmc, how then do we determine or know the price of cryptocurrencies?

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valek.bruno
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January 19, 2019, 07:10:33 PM
 #170

It seems to me that CMC as a whole also has a manipulative effect on people, because it is not the first time that they are accused of not always publishing the right information, but they are very good at getting out of the situation.
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January 19, 2019, 07:15:30 PM
 #171

The site is still safe, but I would not recommend using it as the main source of information, since there is information it has been compromised, it is better to differentiate your information sources and use analogous sites.

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January 19, 2019, 10:24:53 PM
 #172

I use it as one of the sources for information and I agree that you should not believe only him, as any sources of information in our time is to recheck.
Adriano2010
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January 19, 2019, 10:28:32 PM
 #173

I think is still in the safe area if you want to inform a bit, and if you want more deeper info about a coin you should also make a little research, try bitcointalk forum, try check how much volume is if is listed on exchanges.
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January 28, 2019, 06:34:48 PM
 #174

As long as we can focus on the basics and use coinmarketcap just for price information and exchange listings
We have no problems at all

If you find any ico ad on coinmarketcap, simply dyor before investing
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January 28, 2019, 07:28:55 PM
 #175

Coinmarketcap and similar sites provide only approximate data that you should analyze yourself. You should not unquestioningly trust any sources of information, it is only a tool that works in the right hands.

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January 28, 2019, 08:04:01 PM
 #176

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
If everyone started to use CMC to check the prices of crypto currencies then there is no wonder from their action like these because everyone is here to make money so coinarketcap is also going to do anything to make money so don't trust them at all and there are also many accusations about CMC for the fake trading volumes and prices of crypto currencies.

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January 28, 2019, 08:51:14 PM
 #177

There is nothing to proof against what has been said and i stand to gain nothing by countering the points you raid against CMC. I just feel you should also give them some solution tips to combat the problems. Everyone is entitled to his opinion.
CMC has to look into this and make the necessary amendment.
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January 28, 2019, 09:06:22 PM
 #178

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
If everyone started to use CMC to check the prices of crypto currencies then there is no wonder from their action like these because everyone is here to make money so coinarketcap is also going to do anything to make money so don't trust them at all and there are also many accusations about CMC for the fake trading volumes and prices of crypto currencies.
I also heard about fake volumes by coinmarketcap. I personally like to compare price with converting its value on different platforms so this tricks don't work whenever they need to manipulate markets.
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January 28, 2019, 09:13:18 PM
 #179

Yeah cmc lacks investigation work. They have a few basic requirements to be fulfilled to get listed and the people now know those and they have ways to complete them artifically, and get listed on cmc.

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January 28, 2019, 09:25:15 PM
 #180

I don't think it's a big deal. This is not an exchange, but simply an informative website created to track the movements of cryptocurrencies. So I don't see any security issues.

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