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Author Topic: Binance after Coinmarketcap  (Read 430 times)
OasisDre (OP)
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March 31, 2020, 12:27:36 PM
 #1

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

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March 31, 2020, 01:38:07 PM
 #2

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

We can probably see a good development like what you have mentioned. Hopefully binance really abolish those manipulations at all or even listing fake volume on CMC. Some complained were seen due to massive manipulation that has been observed with them. This will be a huge change if ever they take over, and it could bring binance to top most empire which build businesses around the globe. When I read the news I thought its a fake one but looks like they serious with their plan.
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March 31, 2020, 02:16:04 PM
Merited by tk808 (1)
 #3

Expect that all the competitor will be exposed but still I’m hoping for a great reviews about so many coins and no bias at all. Binance slowly rising and trying to doming the world of cryptocurrency, many crypto should be inspire to binance and keep on growing as well. I’m wondering why cmc are selling their company, they can still earn a lot of money on this market for sure or else they see a big downside of the market.

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March 31, 2020, 02:16:53 PM
 #4

I think that the Binance team will not change much what is happening now at the coinmarketcap. I think that everything that they will do only in their interests. I believe that in this deal it will be very beneficial for everyone except the users of the coinmarketcap.  Grin






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gwaposakon
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March 31, 2020, 02:22:50 PM
 #5

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

I have read about it lately and I am not sure if it will push through. The purchase of one of the biggest crypto exchanges and the most visited crypto website. This buyout would be historical and one of the biggest purchases in crypto space. This will surely level-up Binance's dominance in crypto. I am not sure if this is good or bad, but it only means that indeed crypto industry is developing fast.
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March 31, 2020, 02:31:27 PM
 #6

I think that the Binance team will not change much what is happening now at the coinmarketcap. I think that everything that they will do only in their interests. I believe that in this deal it will be very beneficial for everyone except the users of the coinmarketcap.  Grin
They will change those things that is suspicious to them or they will not change anything because they know they can earn a lot of money from that, we don’t know yet. This will benefit the hodlers of bnb simply because they keep on improving and every year, BNB has something new to say for the cryptomarket, I’m slowly loving this coin seriously.

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March 31, 2020, 02:33:55 PM
 #7

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins
If Binance can own Coinmarketcap, I hope that they will not manipulate this market, I am afraid they will manipulate this market and control it the way they want. If it happened then I would leave this market

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March 31, 2020, 02:41:13 PM
 #8

Then it's very good news for everyone because many people look at CMC to know coin price and volume. Coingeko is also very good but CMC is the most popular. It looks like Binance is getting a heavy influence over the cryptocurrency world. Hope this deal make CMC more accurate and fake project and fake volume will be exposed.

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March 31, 2020, 02:42:34 PM
 #9

Everything is depending on Binance leadership. This deal can be like useful for crypto world but also harmful. There is a lot of fake statistic and shit coins on CMC. If Binance decide to fix it I think crypto world will be little better, but everything can happen
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March 31, 2020, 02:46:08 PM
 #10

Are they planning to acquire CMC. I have not really heard anything about that. However, I think it will be a good one. We may all expect a perfect and more precise volume and probably some shitcoin that always getting listed on CMC can find other places to get listed, but I also think there are other sites like coingecko that are also trying but they are less recognized probably because the CMC is the first.
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March 31, 2020, 02:57:17 PM
 #11

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins
I hope that when binance will be really acquired CMC as a part of binance ecosystem and there will be more reliable data that will be showed. I may think all of your points were true but I'm thinking about binance can do a small manipulation to its own. it must be more transparent BTW

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March 31, 2020, 03:01:43 PM
 #12

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins
I hope that when binance will be really acquired CMC as a part of binance ecosystem and there will be more reliable data that will be showed. I may think all of your points were true but I'm thinking about binance can do a small manipulation to its own. it must be more transparent BTW
It will certainly be more transparent because it is managed by Binance, the leading exchange in this market. I hope they can buy Coinmarketcap and make it better than it is now

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March 31, 2020, 03:17:16 PM
 #13

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

CZ often posted in twiter about current fake volumes that different exchanges having on coinmarketcap. So i think it was his main goal and his main point why he is buying CMC.

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March 31, 2020, 03:27:22 PM
 #14

I have never believed that the metrics that pages rank 100% accurate, Pages all take metrics from exchanges, and the accuracy of the metrics depends on the honesty of the exchanges. Moreover, there is no guarantee that exchanges will not spend money to buy rankings.

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March 31, 2020, 03:35:27 PM
 #15

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

That's going to happen but there will be suspicion of manipulation because they are the one running the number one marketcap in the business they have the interest to protect and of course this is a new level of marketing for them so expect Binance banner always on top of Coinmarketca.

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March 31, 2020, 03:36:39 PM
Merited by tk808 (1)
 #16

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

That would be a funny analysis to make. Coinmarketcap has been criticized many times for it's lack of reflecting the actual picture or sometimes misguiding. Binance is an exchange that has a whole different level of manipulation. If binance took over coinmarketcap, there would be no any credibility left on the site. They open quick but they can't be trusted.


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March 31, 2020, 03:44:48 PM
 #17


They didn't announce yet about CZ acquiring CMC but if they just did, changes to CMC like the ranking will probably change drastically and I'm seeing more Chinese exchanges will be listed. It feels like the Chinese exchanges are being denied on the list which I like to be trading because some tokens I have bought last year are just in the Chinese exchanges.
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March 31, 2020, 03:46:24 PM
 #18

Binance has grown quite large since launching in 2017, the exchange was considered largest in the world in terms of Cryptocurrency trading volume also they have obtained WazirX indian exchange too.

Guys binance will become more and more popular if this CMC deal goes well, and I believe they will surely made some changes in that where CMC did some mistakes...


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March 31, 2020, 03:58:25 PM
 #19

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

Saw the news today and I must say it is a huge one if it goes through and will surely make Binance the top as well as the best crypto exchange for years to come. This is also a clear proof that the team is out to dominate the world of crypto exchanges. But talking about the issues you highlighted which Binance will solve, I tend to be skeptical in this case; since the CMC will be under their control (if finally acquired) all might play out for their own good and lastly might end up not solving everything. Also, I think no exchange is without manipulation of different kinds just that some are too good with theirs.
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March 31, 2020, 04:00:52 PM
 #20

No more shit coins will be listed on CMC if binance team take over, the requirement of listing on CMC will be different and I guess this will benefit BNB token somehow again, CZ will clean crypto space and get rid of useless tokens and coins

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