coiningz
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Activity: 194
Merit: 8
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June 21, 2020, 07:41:08 AM |
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Goodbuy fake volume, hello strange ranking. Exchanges lists is totally terrible
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MUG1WARA
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 07:44:56 AM |
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I just hope this rule will make coinmarketcap better at seeing the volume in some exchanges and some exchanges with fake volumes will be removed from there immediately.
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alisonwonder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 10:19:05 AM |
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I just hope this rule will make coinmarketcap better at seeing the volume in some exchanges and some exchanges with fake volumes will be removed from there immediately.
of course more and more important people are working together on cryptocurrency then it is certain that the development of cryptocurrency will be greater than before, hopefully with the news it could trigger investors and whales to go in to support and use the Binance exchange platform.
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grizmoblust
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 11:02:55 AM |
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I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
I only wish we can all say the same. No doubt, its an obvious fact CZ is doing a great job, but don't be quick to think that there are no manipulations from his end. I know that bots and API's could be manipulated to Increase liquidity. I still believe that CZ has made substantial contribution to the cryptocurrency industry and he's not done yet, let's anticipate much more break through. CZ is very smart and always has a strategy to make Binance exchange more and more attractive to investors. This trading platform is currently considered the number one in this market, and there are hundreds of good projects listed here. I think there will be a lot of manipulation from CZ, but you will not realize it because this is the strategy of Coinmarketcap and Binance.
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xandriel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 11:56:29 AM |
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I just hope this rule will make coinmarketcap better at seeing the volume in some exchanges and some exchanges with fake volumes will be removed from there immediately.
CZ acquires CMC is a good thing, and in a few years, there will be a lot of changes in this market. I think exchanges with fake trading volumes will soon be removed from here and coins with zero trading volume will be delisted from CMC because these coins should not exist in this market. I look forward to the change of CMC because this site is so familiar to everyone here.
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luckyflop
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 11:58:31 AM |
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I saw it, they removed the fake volume exchange in this market and now the list becomes much cleaner and much better. It helps newbies not to get stuck with fake volume exchanges and makes them safer in this market
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filterMX
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June 21, 2020, 12:37:49 PM |
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I've also seen it, it's quite good if the ranking feature has been provided for each coin because we can monitor the biggest transaction volume every day, but I think there are still gaps to be manipulated if CMC wants to do it.
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Iyeman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 12:59:40 PM |
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Goodbuy fake volume, hello strange ranking. Exchanges lists is totally terrible
Are you a part from the team that came from the crap exchange sites that have already kicked by binance from the top list? The only strange thing that is still happening right now to see scam exchange sites didn't removed by CMC. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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bitgolden
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Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 06:35:07 PM |
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The thing about binance owning CMC is the problem with fake exchanges making too much noise and getting their community behind them as well. They will blame CMC and CZ for removing them because they were a good competition against Binance and the reality will be that they were removed because they were faking their volume.
So, they will get together as bunch of exchanges and build a coalition against CZ and CMC and they will get thousands probably tens of thousands of their followers all together and do as much harm to CMC and Binance and CZ as they can, which would eventually might hurt as well but I do not think would damage too much. That is when we should know that CMC is not removing just their opponents, they are removing some small places that fake their volumes and "look" like good and that's it.
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gaston castano
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 07:02:22 PM |
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yes I've seen it and I think it's good, so people will know which volume is fake and which is original, I hope there will be other interesting features that make coinmarketcap trustworthy again.
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BitcoinTurk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 07:08:50 PM |
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Although the CZ master is trying to create the mood that he is doing good work, we can actually see that the market is in his hands now. Yes, maybe he did something visibly beautiful, but I have to say that CZ has managed to monopolize the market with these moves. Now, it is possible for millions of people to check the website where they control the data according to their own wishes, and they can also make changes according to their own wishes. Well, are you aware of this dangerous situation?
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cryptoperkele
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June 21, 2020, 07:22:56 PM |
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It's better now, but i have hard time understanding that ProBit is still in 31th place. The volume action in there on most of the coins/tokens is so obviously faked it gives me nausea.
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Emilyearl
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APESWAP
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June 21, 2020, 07:40:08 PM |
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There's been a lot of cool developments on CMC recently. Coinmarketcap has a chat option where people can talk about their Altcoins. This is great development to bring together the users of CMC on a single chat forum. I've noticed the changes inin ranking its best to know the real liquidity of exchanges.
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7788bitcoin
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Merit: 1023
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June 21, 2020, 09:16:11 PM |
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There's been a lot of cool developments on CMC recently. Coinmarketcap has a chat option where people can talk about their Altcoins. This is great development to bring together the users of CMC on a single chat forum. I've noticed the changes inin ranking its best to know the real liquidity of exchanges. So far there were some drastic changes after CZ purchasing the CMC website and the chat option is really a great option but to have a dedicated fan following in the chat you need to have some fun games and puzzles to make things interesting for the people in the chat and most of the gambling sites chat platform are active because some are there in for the free coin and if CMC can come up with good ideas then they will have a following in the chat section and there is a complete ranking change and whatever it may it is just a product to promote their exchange.
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nicecrypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 09:29:25 PM |
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I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
I think this is good because it is what many crypto supporters look forward to before cz acquisition many people was already complaining of cmc inaccurate data, allowing exchange with fake volume to take the top spots, but now I guess all that is about to change, there will be completely sanitation it seems, I like it.
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sorrros
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ludenaprotocol.io
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June 21, 2020, 09:36:51 PM |
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What you everyone has a problem that Binance bought Coinmarketcap website? Since they buy it, I see a lot of improvements, for example new chat options is a great way how to get into touch with developers ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
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Golftech
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 09:38:16 PM |
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There's been a lot of cool developments on CMC recently. Coinmarketcap has a chat option where people can talk about their Altcoins. This is great development to bring together the users of CMC on a single chat forum. I've noticed the changes inin ranking its best to know the real liquidity of exchanges.
Another way to allow each traders who are looking for information around CMC, chat function gives investors to talk to someone who have same interest, with function like this many people will get to know and allow additional information to help fellow traders to learn more about their target project to invest in. Step by step readers noticed good development after CZ acquired this site, looking forward to see more good data and better rankings according to real info and not just because of manipulated status.
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Bonwin
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June 21, 2020, 09:45:22 PM |
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There's been a lot of cool developments on CMC recently. Coinmarketcap has a chat option where people can talk about their Altcoins. This is great development to bring together the users of CMC on a single chat forum. I've noticed the changes inin ranking its best to know the real liquidity of exchanges.
Another way to allow each traders who are looking for information around CMC, chat function gives investors to talk to someone who have same interest, with function like this many people will get to know and allow additional information to help fellow traders to learn more about their target project to invest in. Step by step readers noticed good development after CZ acquired this site, looking forward to see more good data and better rankings according to real info and not just because of manipulated status. CZ has got god idea and I am also strongly looking forward to more development. Coingecko was almost taking over coinmarketcap, but thanks to the goodness and for the quick intervention of CZ. Well, I just hope it does not become manipulated again, since an exchange owner, the number one exchnage, now control the affairs of the first coin market watch site.
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Pumuckel21
Sr. Member
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Empowering crypto w/ sustainable energy
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June 21, 2020, 09:50:53 PM |
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This is a major change that the ranking got changed to volume, which makes it vulnerable to volume pumps. Nevertheless, I do think that Coingeck will be hard competition for coinmarketcap.
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CaVO32
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2020, 09:57:06 PM |
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This is a major change that the ranking got changed to volume, which makes it vulnerable to volume pumps. Nevertheless, I do think that Coingeck will be hard competition for coinmarketcap.
This is actually one of the setbacks about the liquidity aspect. There may be project owners that will resort to pumps to make their coin look good in terms of trading volume. However, this kind of strategy is not sustainable. So in time, you will see the true nature of the coin because you can't manipulate the trading of your coin all the time. Anyway, it is just a start. If CMC will find another strong criteria to classify their coins, I think they will implement it. At least, we are seeing some developments on this site and they are not just sitting there for nothing.
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