Binance after Coinmarketcap

[invincible49]

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 they are really going to acquire CMC and does all of those things you mentioned then yeah it will be great but isn't it a time that we stop for a moment and start asking why are we actually trying to clap for Binance and CZ for stretching their centralized power. This guy came up with ridiculous idea after Binance got hacked in last year and then his IEO ponzi launchpad has already raised eyebrows.

[DDante]

Binance will definitely solve many issues affecting CMC and how annoying the old CMC team are, strictly unfair results from CMC kills off it's reputation in crypto space, fake projects have to go and this is a step forward, bad exchanges with no volume must go too

[DDante]

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 they are really going to acquire CMC and does all of those things you mentioned then yeah it will be great but isn't it a time that we stop for a moment and start asking why are we actually trying to clap for Binance and CZ for stretching their centralized power. This guy came up with ridiculous idea after Binance got hacked in last year and then his IEO ponzi launchpad has already raised eyebrows.

Wrong accusation pal, binance was hacked and yes I got my coins back and so did everyone who lost funds due to the hack back then, since then I've trust binance exchange even more and what IEO Ponzi scheme you talking about? The most fair Exchange with IEO launch is binance among few other Exchanges

[Twinkledoe]

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.

But I think, there will be good improvements if they will really take over. There are so many dead coins listed in cmc. Maybe they can just put those in an archived section. Only the active ones should be there with updated figures and links.

[Golftech]

Binance will definitely solve many issues affecting CMC and how annoying the old CMC team are, strictly unfair results from CMC kills off it's reputation in crypto space, fake projects have to go and this is a step forward, bad exchanges with no volume must go too

I like the ideas of sorting those fake projects and bring the honest reviews from each coins and exchange that previously listed from CMC, once binance
takeover and start to clean up we will be able to get good information from CMC again.
People who are investing before who's been dissatisfied from current action from CMC will be back and start to trust the data from CMC.

[invincible49]

This guy came up with ridiculous idea after Binance got hacked in last year and then his IEO ponzi launchpad has already raised eyebrows.

Wrong accusation pal, binance was hacked and yes I got my coins back and so did everyone who lost funds due to the hack back then, since then I've trust binance exchange even more and what IEO Ponzi scheme you talking about? The most fair Exchange with IEO launch is binance among few other Exchanges

I was actually indirectly talking about CZ's consideration of rolling back of the Bitcoin Blockchain to reverse the hacked BTC's transactions confirmed by the network to return the funds to Binance's wallets from hackers wallets. It was a reckless idea, suicidal one and showed how much ruthless one powerful centralized organization can be in this sector.

[Slingshot]

I saw the news too but really do not have much to say but to wait for the final result because with what I read it's still under negotiation but fact is we can't predict how good it will look or bad it will look as coinmarketcap were doing good too. You can predict good when it's happening. How I wish coinmarketcap will continue operating it since it has been them.

[Furious 7]

Binance will definitely solve many issues affecting CMC and how annoying the old CMC team are, strictly unfair results from CMC kills off it's reputation in crypto space, fake projects have to go and this is a step forward, bad exchanges with no volume must go too

Is Binance able to take over CMC? whereas CMC has its own team and developer?
Of course if you think about the CEO of CZ, it will be better than before because they always prioritize advanced coins and will accept shitcoin or fake exchanges with the volume of the bot.
Binance now has its own authority, namely Binance exchange and will continue to improve their quality so that they are no longer competitive.

[tabas]

Is there a link to know how much Binance bought coinmarketcap? The developers of it sure made a hefty amount of money. What I have seen so far is that many think that it will become more centralized and manipulated because it's Binance that will manage it.
It's from what I have read and not my personal opinion but as for my opinion, I don't have so far because I have to wait for further details before giving my thought regarding this.

[jrrsparkles]

Coinmarket cap is not asking any money for their service from the users so we cannot trust them blindly whereas binance is an exchange and they should be taken care of what they are listing on their exchange.Its a good move by the way since when these things begun?

[Mulann2]

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

That is another important point to note, cz is all about potential and prospects, unlike the owners of cmc who will list a coin without meeting the listing requirements, sometimes I do wonder how such coin already got listed while other good project are there finding it difficult to get listed,
There where too many shady stuff going around cmc that it requires a change of ownership, as much as some people don't like the idea, I think this will be best for this company, cz knows how to turn things around.

[skarais]

I just dont want to speculate about the future of CMC that I hear wants to be taken over by Binance. But I really want to know what are the main reasons for CMC to sell the site to Binance?

CEO Binance has the capacity to buy CMC sites and make them more trustworthy by cryptocurrency enthusiasts, both investors and traders. I just hope that all cryptocurrency fans can enjoy something positive for the steps taken by Binance. So I am waiting for his decision.

[pgbit]

People are saying Binance CEO is taking over the crypto on his hands, but I don't think so! Rather CMC will be a trusted source of tracking coins once again. Right now I use Coingecko because I don't like Coinmarketcap's all the rankings, no real liquidity there! So, Binance will change it to positive! I agree with you that there is no better team than Binance!

[cytpoway121]

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

It is good tidings that binance is setting the pace in the crypto currency
and taking over coinmarketcap will definitely be a big acquisition, if we consider the competence of binance and cz.

But i have a question that bothers me and i would like to know if i can get an answer, with binance at the center of crypto currency trade, and now wanting to get coinmarketcap. Is binance trying to centralized the decentralized space by acquiring all ?

Just a thought that pops, i will like suggestions

[Slow death]

If binance CEO and team take over CMC

i'm lost, when binance say he intends to buy the coinmarketcap website? I confess that there are some days that I don't follow the news so I'm lost

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 buy the coinmarketcap site, i believe that some things would change, but they would hardly create barriers so that the new altcoins would not be listed. I think that in this question of listing altcoins they would keep it as it is today

[pgbit]

Is there a link to know how much Binance bought coinmarketcap? The developers of it sure made a hefty amount of money. What I have seen so far is that many think that it will become more centralized and manipulated because it's Binance that will manage it.
It's from what I have read and not my personal opinion but as for my opinion, I don't have so far because I have to wait for further details before giving my thought regarding this.

I don't think Binance will manipulate it! Because Binance exchange is the most trusted exchange, their volume, supporters, I don't see anything fake. Rather Coinmarketcap itself faked a lot of things, no real liquidity, manipulated price, manipulated exchange rankings! However, you may read the news from here, https://news.bitcoin.com/binance-acquire-coinmarketcap-com-400m-cash-stock-deal/

[ScamViruS]

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 think if binance take over Coinmarketcap, it will be difficult for competitors to manipulate dat . We know how sh**t exchanges go to the top CMC rank by sending fake data to CMC. It used to confuse everyone. The binance team is very professional. If true binance is take over cmc then it might be good for everyone.

[Vishnu.Reang]

I don't know whether Binance will manipulate the data or not. But one thing is sure. From now onward, Coinmarketcap can't claim that they are an independent and unbiased organization. They may not be having any bad intentions. But what is the aim of Binance? What do they plan to achieve from this purchase, after spending such a huge amount of money to acquire CMC?

[tabas]

Is there a link to know how much Binance bought coinmarketcap? The developers of it sure made a hefty amount of money. What I have seen so far is that many think that it will become more centralized and manipulated because it's Binance that will manage it.
It's from what I have read and not my personal opinion but as for my opinion, I don't have so far because I have to wait for further details before giving my thought regarding this.

I don't think Binance will manipulate it! Because Binance exchange is the most trusted exchange, their volume, supporters, I don't see anything fake. Rather Coinmarketcap itself faked a lot of things, no real liquidity, manipulated price, manipulated exchange rankings! However, you may read the news from here, https://news.bitcoin.com/binance-acquire-coinmarketcap-com-400m-cash-stock-deal/

I know Binance is well managed and has a reputation but who knows if they want to play with the data that's being shown on CMC. I can still remember that there's a time that CMC themselves manipulated the market for a moment. The price that was shown by their tracker wasn't the correct one which made a significant impact on the market and made a lot of people in panic. Thank you for providing the link and just looking at the website, I've seen the #0 named as Toilet Paper Token. Is this a joke from them because it's going April 1?

[Govi2]

I think it is a very nice deal, Binance management always works well so we really expect that there will be development additions on Coinmakretcap.com - as you mentioned - which makes the website more flexible and provides more accurate prices for only the reliable projects
On the other side epy value of the deal is a bit large about $ 400 million .