Real exchange volume vs cmc data

[ðºÞæ]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

[lizarder]

I don't understand how to say this is a web app for checking volume and prices, but not mentioning all the exchanges listing a coin I take the ethereum example. After a fairly high volume is on latoken but when I look for latoken I can't find it?

[plr]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

The gap is very wide but I notice their list is very limited compared to coinmarketcap that it has long list of active project they better add more coins that is performing well in the market not only the top 50, but I like the transparency, this is another good option.

[tk808]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

This is another mcap source: https://messari.io/onchainfx

I believe CMC will soon incorporate the same metrics, lots of discussion has occurred on Twitter and they are open to hearing from everyone. https://twitter.com/CoinMarketCap/status/1110401659409219585

[robelneo]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

This is another mcap source: https://messari.io/onchainfx

I believe CMC will soon incorporate the same metrics, lots of discussion has occurred on Twitter and they are open to hearing from everyone. https://twitter.com/CoinMarketCap/status/1110401659409219585

They should, it's the investors that they should protect, not the developers, investors wants transparency, they want to see the real volume and price, so they can decide effectively, CMC is huge but people will begin to look for other option if they don't shape up.

[LbtalkL]

I don't understand how to say this is a web app for checking volume and prices, but not mentioning all the exchanges listing a coin I take the ethereum example. After a fairly high volume is on latoken but when I look for latoken I can't find it?

Those price and volume monitoring web are not accurate and sometimes the exchanges are generating fake volume that's why coinmarketcap sometimes pick up a different volume than the actual volume.

There is a huge difference in trading volume you know why? Coinmarketcap is getting data on hundred exchanges but openmarketcap only on few trusted exchanges.

[abake]

Yes it's true that some data displayed on CMC are not exactly the way they should be. With respect to trading volumes, some volumes displayed for some exchanges are actually fake, but CMC has done a lot to curb this. I won't mention names of some exchanges but I've experienced that personally when I wanted to sell a token, after going through the CMC data, what I saw on the exchange was totally a nightmare. Not withstanding, CMC is still the best out there for coinmarketcap info.

[akungagal]

it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

[aioc]

it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

After all these years we now see the real picture and it looks bad for coinmarketcap, we have been deceived for so many years, it's time for them to give us real-time statistics and or else many investors will just look for another market cap in the market.

[Coin-1]

There is a huge difference in trading volume you know why? Coinmarketcap is getting data on hundred exchanges but openmarketcap only on few trusted exchanges.

Yes, this is a list of exchanges that OpenMarketCap trusts.
https://openmarketcap.com/exchanges

As I can see, there are about 30 trusted exchanges in the list.

Honestly, I was surprised to see a difference of -95% between the trade volume in Bitcoin.

[beerlover]

it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

After all these years we now see the real picture and it looks bad for coinmarketcap, we have been deceived for so many years, it's time for them to give us real-time statistics and or else many investors will just look for another market cap in the market.

I am just confused on what it will benefit coinmarketcap to do that, they are not exchanges for us to have said they are using it to hype their platform in order to gain relevance, coin market is still the most popular for now and I don’t think there is any strong competitors, bitcoin is also a decentralized market and not being controlled by anyone for me to also conclude that they have been bribed to do so but whatever their purpose of doing so is, they just have to reverse it before it gets too late for them which is also bad for the market as this will discourage a lot of investors and make them see crypto as scam.

[gantez]

it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

I think that is one of the reason that people invest in bad coins thinking they are performing but not understanding that volume are hyped for people to get in. It is not really a good idea.

[installer]

This is unbelievable and I still cannot get why people are buying this. I wanted to make an arbitrage deal between two exchanges and it was said that the prices vary, but as soon as I have realised that the difference between real buying and selling order is around 20 bucks, I realised that I would never trade on Bitforex and P2PB2B exchanges

[bassbity]

it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

I think that is one of the reason that people invest in bad coins thinking they are performing but not understanding that volume are hyped for people to get in. It is not really a good idea.

Yes it is indeed a big distance but people still believe in Coinmarketcap, maybe after knowing this people will know that it's not real volume.

[pinoycash]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

OMC is the real killer of CMC They provide a real metrics that is really useful in trading decision and real picture of the current market condition.

Say goodbye to wash trading exchange platorm

[Galantin]

  So what will be the failure again on the main positions? What is the strategy of friends? I heard a few interesting bounty goes to top exchanges, such as WPP - can we wait for the growth of this coin?

[nreal]

The volume difference is too much, is the data and calculation methods of this website accurate?

[Jating]

it turns out the gap is too far, i didn't realize it all this time.
i think what is in CMC is the real truth and i believe in them.

if this continues many people will lose confidence in CMC.

After all these years we now see the real picture and it looks bad for coinmarketcap, we have been deceived for so many years, it's time for them to give us real-time statistics and or else many investors will just look for another market cap in the market.

They have been called out as far as I can remember in 2017 wherein they willing to accept ponzi or scam advertisements. That alone already speaks what their reputation is all about. And then follow by the fake volumes.

We don't know if they deliberately do it to mislead investors but it's all speculation. I guess they really need to straighten things out and let the public know.

[spike420211]

Real volumes have only 10 exchanges out of all represented on the coinmarketcap, I was convinced of this trying to trade on birs included in the top 20, there are almost no people, bots are trading among themselves, my orders are simply ignored, be careful.

[Little Mouse]

Exchanges use fake volume all the time because everyone wants their exchange to be in the top list. It's nothing new man. Most of the projects are even using bot to auto trade for them.