passwordnow
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April 20, 2020, 02:00:09 PM |
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In my opinion, Coingecko is bether than Coinmarketcap. Coingecko has more features and tools that is very useful and also display data more accurately.
I can attest to that. Because there's this time when coinmarketcap price for bitcoin isn't really moving and I guess the others too. It took for about 10-20 mins and I keep on refreshing but it never changed. But there's no news about that incident and that's why I'm starting to like coingecko but hoping that the same situation won't happen to them.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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CryptopreneurBrainboss
Legendary
Offline
Activity: 2254
Merit: 4152
eXch.cx - Automatic crypto Swap Exchange.
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April 20, 2020, 02:06:18 PM |
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I do not believe both. in fact, the CMC site is a trusted site and displays coin data accurately. and not much different from the CoinGecko site also displays coins, prices, and exchanges correctly. but over time everything turns to bullshit.
I don't really know the reason behind it, maybe there are no rules about it. but basically this is MONEY. anyone who dares to pay is high, so he wins.
Coinmarketcap was previously independent and operating without paying no respect to any exchange but since the acquisition by Binance I don't think I can rely on them for accurate information anymore although before the acquisition their stats report became questionable. If I'm forced to choose between the two, I'll prefer getting my stats report from coingecko most especially as they're still independent. Coinmarketcap is more popular and has more traffic among the cryptocurrency community with very friendly interface and quite easy to understand so I guess that's why they're the preferred choice by most cryptocurrency enthusiasts.
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Jaspion
Newbie
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Activity: 38
Merit: 0
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April 20, 2020, 02:07:18 PM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? Coinmarketcap is the leading site for crypto details but with regards to exchange details, I can say that you are right the shit exchange that are faking their volume were able to rank higher so it will be good if they can fix it. There is a big chance that there will be a better update to come especially that coinmarketcap has been sold already to Binance and I would like to see whether the incoming update will be fair enough to all the users. I am not a coingecko user so I cannot comment more about them, right now I can say that I will favor coinmarketcap as I've been using it for several years already in gathering some useful information about the crypto currencies. pretty much it, yeah I haven't use coingecko much, but I don't see the reason I should be honestly this whole time I was using cmc and it was totally fine 99% of the time
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Lucifer1010
Jr. Member
Offline
Activity: 384
Merit: 1
>•❤️•<
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April 20, 2020, 02:17:27 PM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? I choose Coinmarketcap, because since i'm in crypto i already familiar with Coinmarketcap, i don't really care about Exchange rank, because i already know which is the best exchange and not, but i think for beginners it is very necessary.
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mdzahed134
Sr. Member
Offline
Activity: 2142
Merit: 259
Vave.com - Crypto Casino
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April 20, 2020, 03:21:12 PM |
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Coingecko beats CMC all the way up and there is no need to open the second tab for CMC if the Coingecko tab is open. There is no major difference between both but actually I like more the design of Coingecko.
Yeah, Coingecko's design and features are both of higher quality than Coinmarketcap it’s my honest opinion. A lot of features you will get on the Coingecko, they still trying hard for more implement, But i don’t think it’s overtake coinmarketcap because still most of people’s using CMC. So CMC generating huge number of traffics.
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Rafiqul
Member
Offline
Activity: 1358
Merit: 10
www.cd3d.app
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April 20, 2020, 03:27:18 PM |
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I am cryptorelated person. I use both coinmarketcap and coingecko. But I do not trust 100% of them. When I need about price and where exchanges a coin then I switch first coinmarketcap, secondly I switch coingecko. Also when a coin listed on coinmarketcap, investors more trust it.
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BitcoinTurk
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April 20, 2020, 03:35:02 PM |
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Although it is the pioneer and the most popular service of this sector, Coinmarketcap, unfortunately, I am careful not to use this service. I am afraid to use this service for reasons such as constantly manipulating prices, misrepresentation of many exchange services' transaction volumes, and any data it provides is not reliable. Coingecko is a more reliable source for me. Yes, perhaps this service may not share accurate data, but I have not seen that it has manipulated the market so far, or that they have been using a ridiculous procedure to provide information about some cryptocurrencies.
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judaspriest
Full Member
Offline
Activity: 1330
Merit: 100
C O M B O
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April 20, 2020, 03:51:07 PM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? I think these two platforms have been very helpful, but for Coinmarketcap indeed not all tokens or coins can be listed easily there, unlike Coingecko that I see there are many tokens that are not in Coinmarketcap have listed in Coingecko. I know P2pb2b is a bad exchange, but if P2pb2b in the top 3 exchanges according to coinmarketcap seems to be due to their large trading volume
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CryptoYar
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April 20, 2020, 04:14:06 PM |
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These two are useless according to me, Because they just want money, they do not care if they have listed scam coins or real.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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April 20, 2020, 04:29:58 PM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? I think these two platforms have been very helpful, but for Coinmarketcap indeed not all tokens or coins can be listed easily there, unlike Coingecko that I see there are many tokens that are not in Coinmarketcap have listed in Coingecko. I know P2pb2b is a bad exchange, but if P2pb2b in the top 3 exchanges according to coinmarketcap seems to be due to their large trading volume Coinmarket is basing things according to the data that they are gathering so if they've seen that volume they will add that in their list, but since Binance owner already part of this site building back the reputations might be expected to this site. Both are helping traders and investors the sites have the data and it's up to traders or investors on how to take advantage and how to use everything to be profitable to them.
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Valzador
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April 20, 2020, 05:32:44 PM |
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These two are useless according to me, Because they just want money, they do not care if they have listed scam coins or real.
You also need money, right?you are useless because you still need money, lol. Do not immediately make an assessment based on your thoughts alone. The website certainly requires money, but money can be obtained in a moral and immoral way. I've always used data from coinmarketcap, this might just be a habit factor.
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InwardContour
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April 20, 2020, 06:03:01 PM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? In as much as both CMC and Coingecko has their cons, I do think the pros of coinmarketcap are better off comparatively. You can check liquidity of exchanges and coins/tokens on CMC and also CMC has more strict criteria to list exchanges & coins, unlike coingecko which is extremely easy to list. Fake volumes has been a problem for both CMC and coingecko, and much effort should be put by their developers to easily checkmate exchanges with fake volumes.
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Shallow
Sr. Member
Offline
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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April 20, 2020, 06:26:07 PM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? What you heard about P2PB2B is true, the exchange is not encouraging in anyway both in trading, IEO and so on, therefore for coinmarketcap to report that P2PB2B is a good exchange or even to be ranked top 3 is a clear indication that coinmarketcap is not truthful. On the other hand, although coingecko reported the accurate thing it didn't make them more truthful than coinmarketcap, all have their shortcomings. So coming down to the main question, I don't trust any of them and this issue of reporting fake volume on exchanges is getting out of hand.
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Mealea
Member
Offline
Activity: 300
Merit: 11
FRX: Ferocious Alpha
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April 20, 2020, 07:28:59 PM |
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I do not believe in any of these two anymore. I think every one in the crypto world are doing everything possible to survive and that is why we have so many things going wrong.
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Ramaraj
Jr. Member
Offline
Activity: 74
Merit: 1
Crypto Enthusiast
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April 22, 2020, 07:11:39 AM |
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An interesting feature of CMC is the historical snapshot with rankings of the top assets in the past. CoinGecko has its Compare section to compare coins. CoinGecko also has certain information that isn’t represented on CMC, namely the development and social media activity stats, news, and links to educational materials. Unlike CMC, CoinGecko doesn’t have a separate section for liquidity ranking. The metric is shown for each platform individually: Both services have their pros and cons. CoinMarketCap has a minimalistic interface but a narrower set of functions. CoinGecko offers more metrics and sections but lacks a subsection with crypto-lending interest rates and something similar to CMC’s Historical Snapshot page. Still, both services are worth considering and may be used simultaneously for maximum use to investors. Another one came for the Crypto Analysis Platform It overcome the Both Coingecko and CMC cons, It has the features of Coin compare, Latest crypto news and all. Tokenncoin is a one-stop market research platform that ranks and analyzes all the blockchain-based coins and tokens in the crypto market. Tokenncoin is a platform that ranks and analyzes all the blockchain-based coins and tokens in the crypto market. We cover all the necessary information about the thousands of digital currencies that exist and are new in the market. Tokenncoin caters to all the research demands of investors, traders, and crypto holders.
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OrangeII
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April 22, 2020, 07:55:21 AM |
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These two are useless according to me, Because they just want money, they do not care if they have listed scam coins or real.
they only help to register coins, and they also have a condition. Well, that might not be useful for you, but I think it's very useful for many people. however, many people look for information about exchangers there. although the data is not accurate, but we can have our own research on this. if it's not useful for him, I'm confused where he will see information about tokens, or coins that he will sell, or buy. Well, even for websites that manage coin and exchangers, these two sites are the best places, although there is still a lot of manipulation.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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April 22, 2020, 08:01:30 AM |
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These two are useless according to me, Because they just want money, they do not care if they have listed scam coins or real.
they only help to register coins, and they also have a condition. Well, that might not be useful for you, but I think it's very useful for many people. however, many people look for information about exchangers there. although the data is not accurate, but we can have our own research on this. if it's not useful for him, I'm confused where he will see information about tokens, or coins that he will sell, or buy. Well, even for websites that manage coin and exchangers, these two sites are the best places, although there is still a lot of manipulation. Some of us does not understand how these sites will judge if the coin is scam or not, not because the coin has a lot of complain or they have a bad reputation, they will not allow it to be listed in CMC, it's a big market, and they investors just need to ensure they choose the right coin based on their research as this is already out of the criteria of the CMC, your coin is listed in an exchange, they will list it, that's it.
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shoreno
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April 22, 2020, 08:04:35 AM |
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i think cmc didnt know that but what they only believe is what they see and they see that p2p has some nice volume so they decided to rank it at 3rd spot while coingecko on the side do a precise investigation if the volume of the exchange that they are going to list is legit or not but they have found out that the volume is shady so they rank it at over hundreds. i dont know why i and many people trust cmc before but after seeing this maybe we will all switch out to coingecko
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Ifemini
Member
Offline
Activity: 690
Merit: 12
There are consequences for every action
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April 22, 2020, 08:06:21 AM |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? I have not checked, but i so much believe that P2pb2b cannot be in the topn3 of exchange platforms on Coinmarketcap. Perhaps it was just a cookie or cache error. Coinmarketcap takes the lead while coingecko follows, so they are both functional Tokens you don't find on Coinmarketcap, you see on coingecko so its a win / win situation
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