cepot9
Full Member
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Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
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May 23, 2020, 04:54:00 PM |
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Both of them I do not believe, CMC and Coingecko only as a reference and do not necessarily provide data that is really real. In my opinion CMC is better because they are quite tight but for exchange they don't seem real. Coingecko is easy to register projects that are not necessarily real projects, even they have not been registered in exchange.
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ZincUnrated
Jr. Member
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Activity: 165
Merit: 1
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May 23, 2020, 05:23:03 PM |
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I will say CoinMarketCap for obvious reasons. CoinMarketCap has an extensive array of resources and one of the most trusted sources of cryptocurrency information in the industry due to its reliability, simplicity and recognition. Recently, the binance acquisition of CoinMarketCap has further cemented its position as the top coin directory. Most crypto projects go to CoinMarketCap for listing due to its importance to their projects.
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iv4n
Legendary
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Activity: 3332
Merit: 1191
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May 23, 2020, 06:24:23 PM |
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Depends on what you are looking for, coingecko has more coins listed, and as I noticed they have some tokens I can't find on coinmarketcap. Even thou binance bought coinmarketcap they will be remembered as shady info site, that's why I like coingecko more, for informative purposes only! Those sites should be used for this purpose only, to get some basic information about a specific coin or project, but even that information should be checked on other places too, because you can't fully trust any informative site!
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kacperukz99
Newbie
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Activity: 9
Merit: 0
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May 23, 2020, 06:57:47 PM |
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There seems to be nothing complicated in the coinmarketcap interface. Both platforms are easily accessible, but I'm more used to coinmarketcap. The information provided by the two platforms is sufficient to provide the necessary support to the person accessing them. Coingeko has the advantage of having more coins registered, but I use coinmarketcap because the details provided are better structured.
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poodle63
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May 24, 2020, 12:34:33 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.
On coingecko, the dynamics of the events occurring with the coin are clearly visible, which allows you to quickly distinguish coin scam. For example, weak coins will have problems with displaying exchange volumes, as well as have a low level of trading volumes. Otherwise, both of these sites are just aggregators that are easy to fool. The thing is, there's just too many manipulation done by some shady exchanges that could easily fool these kind of websites. To see whether a project is really scam or not we should look up into the project itself rather than relying on the data shoved to us from that website. In short, they are not really reliable for us to judge a project.
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Vishnu.Reang
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May 24, 2020, 12:40:10 PM |
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Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.
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kynaz
Sr. Member
Offline
Activity: 1078
Merit: 250
http://unidapp.app
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May 24, 2020, 02:29:29 PM |
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Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.
I sometimes go to Coingecko because there are some coins at CMC that don't. I think both are great options for everyone, but everyone will feel different when it comes to this. Personally, I still prefer to use CMC because I am familiar with the interface here, and there are many useful tools for me to analyze the potential of that coin accurately.
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judaspriest
Full Member
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Activity: 1330
Merit: 100
C O M B O
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May 24, 2020, 06:29:32 PM |
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Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.
I sometimes go to Coingecko because there are some coins at CMC that don't. I think both are great options for everyone, but everyone will feel different when it comes to this. Personally, I still prefer to use CMC because I am familiar with the interface here, and there are many useful tools for me to analyze the potential of that coin accurately. there shouldn't be a problem, these two sites are related to each other, and can help get accurate information, indeed Coingecko is not a famous like Coinmarketcap, but Coingecko is a rival of Coinmarketcap
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bluebit25
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May 24, 2020, 06:30:58 PM |
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Normally I used to avoid Coingecko. But today when I visited (after a gap of many months), I found that they had made the site more user friendly. For me, it is easier to get the necessary data now. I am still using Coinmarketcap as my primary source, but I am using Coingecko along with that. And don't forget that Coingecko lists a larger number of coins/tokens when compared to CMC.
I sometimes go to Coingecko because there are some coins at CMC that don't. I think both are great options for everyone, but everyone will feel different when it comes to this. Personally, I still prefer to use CMC because I am familiar with the interface here, and there are many useful tools for me to analyze the potential of that coin accurately. That's right, sometimes I go to coingecko because coinmarketcap doesn't list those tokens. And most of them are bounty tokens, personally I think coingecko would be more suitable for bounty hunters because most of the tokens in this market are listed there.
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3meek
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May 26, 2020, 11:39:07 AM |
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Since Binance bought the Coinmarketcap I've been using it less and less! I think it's better to use Coingecko or Dropstab... Although some coins still have to look at the CMC... However, at Coingecko I do not trust the forecast and technical analysis...
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imons
Newbie
Offline
Activity: 32
Merit: 0
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May 26, 2020, 12:01:18 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? I hope its the most common answer - you gotta check both and sometimes find another 3rd service to judge as accurately as possible. I don't have any feelings about any service, it is all about getting the right info
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timmmers
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May 26, 2020, 03:25:12 PM |
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These website provide basic informations about cryptocurrencies such as price, total coin supply, circulating coin supply, website, news but I do not see any diffrence between both platform. Only coingecko listed more cryptocurrencies, so when the coin is listed on Coinmarketcap, it makes it little bit more worthy.
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Mammothcoin
Full Member
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Activity: 336
Merit: 101
KoinPro
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May 26, 2020, 03:27:57 PM |
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Personally, I prefer Coingecko because it tracks more exchanges and cryprocurrency than Coinmarketcap. This makes it a better option if you're look for more in-depth data, especially on projects that are not so popular.
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anhhung409
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May 26, 2020, 06:54:43 PM |
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In fact, the CMC website is a reliable website and displays accurate coin data. and not much different from CoinGecko which also displays coins, prices and exchanges accurately. but over time everything turned into bullshit. While Coingecko I thought the coin details were more complete and also had lots of coins, I often used Coingecko to check out project data.
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Guryon_master
Member
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Activity: 384
Merit: 12
Student Coin
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May 26, 2020, 07:08:20 PM |
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For me both are good but both are also quiet deceiving. In this case I suggest that it would be better not to really on it as the final source of judgment about the future of a coin or token. Rather be more serious to find out how the legitimacy of the team.
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greenlanternlight01
Copper Member
Jr. Member
Offline
Activity: 252
Merit: 6
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June 08, 2020, 06:34:24 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? What I can say is that don't put too much trust in just a single exchange. Spread out the investment so that you don't get to feel bummed when one of the exchanges closed. Idax? Ring a bell?
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husencoe
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June 08, 2020, 07:03:53 AM |
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for each transaction volume, I don't trust it 100% for both because it can be manipulated at any time as you mentioned, but in terms of data information I prefer CMC.
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giammangiato
Legendary
Offline
Activity: 1918
Merit: 1348
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June 08, 2020, 07:09:03 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? Both are two good sites, there is also coinpaprika which has the same function. I use a lot of coingecko and it is quite reliable but anyone beat CMC since it also has an excellent app
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IamAltcoinfan
Full Member
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Activity: 476
Merit: 103
homt.net
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June 08, 2020, 11:34:47 AM |
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For me coinmarketcap is like standard index check or genuine site for checking major holding . I am not generalising for all atleast for me coinmarketcp is standard one . But coingecko where the only one place can check the low volume or dust holding . I found some of holding trade pair in coingecko . So it helped me to sell some of the coins I thought never sellable. Thanks for coingecko. Also I aground some useful information about token in coin gecko compare to coinmarketcap.
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Retainly_Collie
Full Member
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Activity: 742
Merit: 102
Second Live
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June 08, 2020, 11:37:13 AM |
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for each transaction volume, I don't trust it 100% for both because it can be manipulated at any time as you mentioned, but in terms of data information I prefer CMC.
For now you can count on Coinmarketcap and use it. Since CZ ran the coinmarketcap, price manipulation has been removed, small exchanges and fake volumes have been removed from the list. It is a great step to clean this market
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