Is CMC still safe at all ??

[MUG1WARA]

in my opinion there is nothing to worry about coinmarketcap because we don't put anything there because only the site used sees price but if you don't trust coinmarketcap I suggest you to use https://www.coingecko.com/id

[kingpin4321]

You would not blame coin market cap for s scam project.
Coin market cap has a huge number of coins on its list so why would you search for a scam project.
It's top hundred coins are mostly legit project

[uralcryptocoin]

CMC is not an exchange. It's just an information resourse. With good functionality. I use CMC api for periodical estimation of my cryptoportfolio. And it works practically without issues.

[babicena14]

You should use the CMC website as a source of information that can be used to form an idea of the project, but not as a guide to the purchase and selection of the project. In any case, the best solution is always to conduct your own research project.

[nlaara12]

Though many are beginning to doubt the credibility of CMC,though it has done a good job so far but somethings might not appear to be right abut CMC now.I just hope CMC can clean up the house.

[Innocant]

Actually i'm not heard about CMC is safe or not. But for it is safe and we can see some of the altcoins on their have no value or volume maybe it is failed or gone away and that was the time CMC will be remove of it.

[BlackPanda]

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

Until now, CMC has become the main benchmark in seeing coins that are listed and circulating in the crypto world. in my opinion CMC is still the best because it presents various important information on a coin. There is no website platform that has the same quality as CMC, for me we have the right to choose and determine the best website. If someday there is a website that is better than CMC, we will all choose the best.

[consideritdone]

https://www.coingecko.com/en should be considered

[Stanlo]

Yes I observe that many dead projects are still listed on cmc but really we don't have any other complete website for crypto like cmc so for now let's keep the endurance alive

[masterrex]

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

Why do you blaming CMC , its all our fault why we dont do some researched about the project before we invest, and the advertising issue was not a big deal since CMC is just advertized it to get some payment or to generate income, we must act accordingly before we invest to minimized the risk of being scam do a little researched my suggestion is just look for another data and insight platform if you dont trust CMC.

[RasenShuriken]

I don't think coinmarketcap will just stay like that, the developer of the coinmarketcap need to take a response from it. It is not very safe since there are so many coins are dead and most of them are shits. even at the top 100 there are so many shits coin.

[kynaz]

Actually i'm not heard about CMC is safe or not. But for it is safe and we can see some of the altcoins on their have no value or volume maybe it is failed or gone away and that was the time CMC will be remove of it.

CMC should eliminate underdeveloped pennies and without trading volume, it will be better because it will help investors avoid shitcoin. I think CMC is currently unable to do this because they have made a commitment to list those coins and certainly in the future Coinmarketcap will have the necessary selection to eliminate bad things related to this market

[sammy21]

I don't think coinmarketcap will just stay like that, the developer of the coinmarketcap need to take a response from it. It is not very safe since there are so many coins are dead and most of them are shits. even at the top 100 there are so many shits coin.

how can shitcoin be registered on cmc? whereas to be registered in CMC we know that we need to require a number of conditions including trading or already registered in exchange. at the moment there may be many coins that are dead, and they should no longer be registered in cmc. and cmc must make a standard for that..

[nicecrypto]

Coinmarketcap is only for getting more information about a project you find interesting enough to want to invest, but should your investment goes bad i don't think cmc should be held responsible for that, however, cmc can try to eliminate all redundant project which have not been active with development of token in any form to filter out bad ones. The list of tokens in cmc is large with 40%-50% not active.

[CryptoIyke]

I can actually relate with these concerns, especially where it has to do with the ads, have seen certain cryptos that turned out scam being advertised on their platform, I think they should put a disclaimer on those adds so investors won't take those ads hook line and sinker that, as per deleting inactive coins, I have seen that happen

[Jose Mourinho]

If we are compare with exchanges directly, the data displayed by CMC is inaccurate, some are too large and vice versa, maybe they have a special purpose to get profit and influence the public to buy or sell coins that they have.

[pushups44]

Coinmarketcap lists a lot of coins, but then again there are stupid traders and investors who keep on buying these coins. My main issue right now with CMC is that they should exclude fake volumes from shady exchanges.

[inanilujimi]

I think you have to understand what CMC is for its use. Don't ever make CMC a relevant source when you want to invest.

[TooDumbForBitcoin]

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

You can use an alternative resources. Guys from openmarketcap done a great work for example. You even can watch for data difference in comparison to CoinMarketCap https://openmarketcap.com/exchanges/difference

[chocopapaya]

Well, I see CMC kind of like wikipedia.
It is great for general information and knowledge but a terrible place for accurate, legitimate info.

All CMC does is use an algorhythm to gather data to be displayed.
So it isn't really cmc that is scamming, it is just that crypto value is much more complicated than just gathering data.
And since it averages it all out and bases the value off of btc, there are innacuracies as well.
As far as old, dead coins being listed, you need to realize that blockchain tech never really dies.
It is a distributed open source ledger that anyone can use.
so as long as even one person is mining or maintaining nodes, it doesn't ever die.
Even if no one does that, it can be picked up anytime