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Author Topic: Coinmarketcap or Coingecko?  (Read 4403 times)
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April 23, 2020, 07:11:38 AM
 #141

To be honest I don't trust both of these sites, either coinmarketcap or coingecko sometimes display inaccurate data. Therefore, I trust
the results of the analysis and research that I do myself. And make coinmarketcap or coingecko as a comparison only. Regarding P2PB2B
according to the results of my own analysis and research, coingecko results are more accurate. Because it's true that P2PB2B exchanges
have fake volumes.
I think the data there is easy to manipulate. but to avoid that, you can check the site directly. however, both websites are very useful to help us find information about coins that are related to the market. well, almost every day I look for information about a coin in coinmarketcap.

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April 23, 2020, 07:20:21 AM
 #142

I've heard about what happened to Coinmarketcap. CoinGecko is good but I highly recommend you use Tokenncoin. It is very useful for me.  Cool Cool

are you related to that site ? or just want to share it because your using it for a long time already  . well still thanks for sharing , i checked it and the site was neat  . by there i can see that coins seem to have a correct ranking so i can say that this is a good alternative to cmc and coingecko    .  i do both use coingecko and cmc before while i never experience major issues with them but i see many people complains about cmc   .  well you people should stop using it if thats bothering you besides there are many alternatives out there if we do a search
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April 23, 2020, 08:08:48 AM
 #143

When I started trading on crypto, I was first introduced to Coinmarketcap by my friends. Still then I have been using it until recently I get to find out about CoinGecko through a project I invested in.
If am to say CoinGecko is more preferable than Coinmarketcap cos there's no faking of value in it

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April 23, 2020, 08:59:34 AM
 #144

I used coinmarketcap on my early crypto days but now I'm using coingecko for the built in conversion of the coins to other currencies.
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April 23, 2020, 09:32:37 AM
 #145

I don't know which one of the two can be trusted I mean given the fact that these two are both giving out crypto details but both of them have their own flaws I which I think we give more emphasis on. CMC is leading ahead of Coingecko but it does not necessarily mean that CMC is more trustworthy and other way around. It still on us to decide on our own which or what to do, they are just a reference.
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April 23, 2020, 10:15:43 AM
 #146

When I started trading on crypto, I was first introduced to Coinmarketcap by my friends. Still then I have been using it until recently I get to find out about CoinGecko through a project I invested in.
I was also introduce to cmc when I was new in crypto but actually until now I am still using cmc although i am pretty much aware of CoinGecko.
Now, that CMC is own by Binance, maybe we can expect some improvement, they are already the number 1 without improving the information that people need, I mean the site is very basic, very limited important compared to CoinGecko  but it's majority are still using it.

If am to say CoinGecko is more preferable than Coinmarketcap cos there's no faking of value in it
i guess depending on your needs.
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April 23, 2020, 01:37:27 PM
 #147

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?

Over the years coinmarketcap is doing better survice than any other platform. We rely on coinmarketcap updates but recently we see many fake volueme, fake ranks that is really not acceptable. Coingecko is also good platform for crypto update daily.

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April 23, 2020, 02:25:52 PM
 #148

In my opinion, coinmarketcap was once popular and many people made it a reference for investing in exchanges. But lately, coinmarketcap doesn't really care anymore they only rely on profits for exchanges that want to be displayed on coinmarketcap. therefore it is difficult to distinguish between right and wrong.
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April 23, 2020, 03:01:37 PM
 #149

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?


I dont use Coingenko but i heard some complains here in forum,While Coinmarketcap is also having problem about that fake volume but now that they are owned by Binance then maybe things will change soon.
In my opinion, coinmarketcap was once popular and many people made it a reference for investing in exchanges. But lately, coinmarketcap doesn't really care anymore they only rely on profits for exchanges that want to be displayed on coinmarketcap. therefore it is difficult to distinguish between right and wrong.
You should have read about the CMC stands now because have new owner and management for sure good things will come now to all of users and besides coinmarket cap is been here for how many years.









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April 23, 2020, 03:29:43 PM
 #150

both are good but i started using coinmarketcap first so i am bit comfortable with the user interface and menu but recently i have to use the API for my personal tool and came to know about the restrictions on CMC API so in term of API usage CoinGecko is best option as their API is free without any restrictions.
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April 23, 2020, 05:05:22 PM
 #151

I use both websites to search for altcoin information. coinmarketcap sometimes does not list new altcoins but Coingecko did the job. But honestly I prefer the coinmarketcap interface and they have more features for me to refer to.
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April 23, 2020, 06:08:11 PM
 #152

Coinpaprika is also good website for tracking coins, but I like Coingecko most as their data is most accurate.
Bad thing is that binance cz purchased coinmarketcap, and it will be more only for promoting binance exchange.

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April 23, 2020, 06:30:35 PM
 #153

Coinpaprika is also good website for tracking coins, but I like Coingecko most as their data is most accurate.
Bad thing is that binance cz purchased coinmarketcap, and it will be more only for promoting binance exchange.

I don't see the difference between one and another at all.
I suppose people use one they found out the first and that's pretty much it
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April 23, 2020, 06:32:50 PM
 #154

Coinmarketcap is my love as i started my crypto journey following different coins and tokens at cmc. I know you have made a comparison and trying to degrade cmc but i think even with some statistical errors i still like to use only cmc as i am addicted to it.

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April 23, 2020, 11:53:34 PM
 #155

I think both are shit market cap website. Most of people use Coinmarketcap than Coingecko i guess. But both are fulfill with shit coin/exchange details. Now days also you can see those coin in Coinmarketcap which are not even launch in any exchange. They just list a coin with some fees i guess. Which is not a professional. I think it's not a good idea to research a coin with their provided details. Just do your research with couple of trusted exchange you'll be good.

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April 24, 2020, 12:10:51 AM
 #156

Coinpaprika is also good website for tracking coins, but I like Coingecko most as their data is most accurate.
Most accurate or more accurate?  Grin
No problem saying it has more accurate Data but how you can conclude it? Got information from a valid source?
In my view, it is hard to say which one has more accurate data because they will claim having better data.
And about the rate or reputation, sometimes it can be subjective among the reviewers.

Bad thing is that binance cz purchased coinmarketcap, and it will be more only for promoting binance exchange.
I think coinmarketcap will try their best to keep its reputation. We don't worry about the neutrality and subjectivity in general. Though for Binance, it is undoubted to get a special service.  Grin

R


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April 24, 2020, 02:41:38 AM
 #157

To me coin gecko looks pretty cool everyone has same information but I use this for my convenience, CMC is listing most of the scammed project these days and slowly losing its reputation in the market which I never expected also they were in talks with binance team as well. Nevertheless this one looks good for me and I am enjoying it.

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April 24, 2020, 02:56:45 AM
 #158

I think both are shit market cap website. Most of people use Coinmarketcap than Coingecko i guess. But both are fulfill with shit coin/exchange details. Now days also you can see those coin in Coinmarketcap which are not even launch in any exchange. They just list a coin with some fees i guess. Which is not a professional. I think it's not a good idea to research a coin with their provided details. Just do your research with couple of trusted exchange you'll be good.
Shit coins can get listed for free if they have a good volume. Exchange can be blame for displaying fake volumes, tracking websites can be also blame for not putting measures to prevent the display of fake volume of a exchange.
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April 24, 2020, 04:47:11 AM
 #159

Coingecko is really better, they have a tool to verify the volume of exchange and works very well, they check all the data to avoid fake volume and information, this is the reason that Coingecko is the best.

I agree and I have it installed on my phone to check the price from time to time I trust Coingecko more than Coinmarketcap now, they are up t date and some of the coins are listed there even if they are new coins in the market like Idena, they even had a coin or token listed even though there is no market yet like https://www.coingecko.com/en/coins/the-geoma-dao#markets

The COingecko app is really great too, I found the link so people can check why I think that coingecko have more accurate info about cryptocurrency and markets: https://blog.coingecko.com/trust-score-2/

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April 24, 2020, 11:59:54 AM
 #160

To me coin gecko looks pretty cool everyone has same information but I use this for my convenience, CMC is listing most of the scammed project these days and slowly losing its reputation in the market which I never expected also they were in talks with binance team as well. Nevertheless this one looks good for me and I am enjoying it.

We must admit that CMC has long been the basis for many people to determine the movement of tokens, but I agree with your opinion that Gecko is better. structuring and ease in giving a full report about the movement of tokens feels better. Price calculation shows there are differences where CMC is higher than Gecko.
Moreover, CMC has a lot of bad news because it often provides reports that benefit several tokens.

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