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Author Topic: Coinmarketcap is collapsed from traffic  (Read 310 times)
Trixoempire (OP)
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May 19, 2021, 01:34:07 PM
 #1

Look at the screenshot https://prnt.sc/134cwdo

Lmao too many people enter this site atm.
Website is collapsed.

Too many stress out losing all their money  Cheesy
crwth
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May 19, 2021, 01:43:11 PM
 #2

Binance has crashed and it's still down. CMC might have been affected as well. Lol.  Wouldn't you be scared if you have a lot of money invested in the market?

Anyway, upon checking right now, it still works, no crashes here.

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Trixoempire (OP)
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May 19, 2021, 01:45:16 PM
 #3

Binance has crashed and it's still down. CMC might have been affected as well. Lol.  Wouldn't you be scared if you have a lot of money invested in the market?

Anyway, upon checking right now, it still works, no crashes here.


I have 20k in the market. is 95% of my money
crwth
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May 19, 2021, 01:46:30 PM
 #4

I have 20k in the market its all my money.
So you aren't stressed at all? Knowing that it's all of your money? What decided for you to invest that?

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May 19, 2021, 01:46:49 PM
 #5

Binance has crashed and it's still down.
Binance fuc* their customers again. I wish that other exchanges will take over Binance position. Nothing can stay at top forever. In the past, Poloniex, Bittrex got troubles with technical issues, disconnections, lags when market has massacres. Recent months, since the bull run of Bitcoin, we have Binance.

Spot traders will be fine but leverage traders will be killed by Binance.

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Trixoempire (OP)
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May 19, 2021, 01:48:48 PM
 #6

I have 20k in the market its all my money.
So you aren't stressed at all? Knowing that it's all of your money? What decided for you to invest that?

I was very angry but now I see my ADA recovered from $1 to 1.6$ so maybe is not the end.
crwth
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May 19, 2021, 01:50:59 PM
 #7

Binance fuc* their customers again. I wish that other exchanges will take over Binance position. Nothing can stay at top forever. In the past, Poloniex, Bittrex got troubles with technical issues, disconnections, lags when market has massacres. Recent months, since the bull run of Bitcoin, we have Binance.
I'm pretty sure they would make up excuses and make assumptions a lot. Anyway, I'm happier with one of the exchanges that I'm currently trading in, FTX. It still works and I can trade. Spot or even futures.



I was very angry but now I see my ADA recovered from $1 to 1.6$ so maybe is not the end  Wink
So you went all-in with ADA just recently? Or you were in that position for quite some time?

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Trixoempire (OP)
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May 19, 2021, 01:52:27 PM
 #8

Binance fuc* their customers again. I wish that other exchanges will take over Binance position. Nothing can stay at top forever. In the past, Poloniex, Bittrex got troubles with technical issues, disconnections, lags when market has massacres. Recent months, since the bull run of Bitcoin, we have Binance.
I'm pretty sure they would make up excuses and make assumptions a lot. Anyway, I'm happier with one of the exchanges that I'm currently trading in, FTX. It still works and I can trade. Spot or even futures.



I was very angry but now I see my ADA recovered from $1 to 1.6$ so maybe is not the end  Wink
So you went all-in with ADA just recently? Or you were in that position for quite some time?

I was pretty early in ADA from $1 up to 2.2$.


But I lose money on other coins Theta some eth and ogn
With  cake I am breaking even now after the dip.
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May 19, 2021, 01:58:16 PM
Merited by hugeblack (4)
 #9

using coinmarketcrap...yikes!



simple as (:

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LTU_btc
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May 19, 2021, 08:05:30 PM
Last edit: September 10, 2023, 10:09:40 PM by LTU_btc
 #10

Binance fuc* their customers again. I wish that other exchanges will take over Binance position. Nothing can stay at top forever. In the past, Poloniex, Bittrex got troubles with technical issues, disconnections, lags when market has massacres. Recent months, since the bull run of Bitcoin, we have Binance.

Spot traders will be fine but leverage traders will be killed by Binance.
I'm not here to defence Binance, but they aren't only exchange which was down today. Kraken, Coinbase, Crypto.com and probably some more were down today. Maybe everything because of panic sellers, I'm not looking for conspiracy theories there.

using coinmarketcrap...yikes!

https://talkimg.com/images/2023/09/10/mqIZj.jpeg

simple as (:
Old habits. It's difficult to get rid of it, probably same like stop smoking...

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May 19, 2021, 08:29:43 PM
 #11

Everything collapsed from overload and high traffic not just coinmarketcap, coingecko and exchanges had trouble to deal with so much traffic and I saw withdrawals being suspended.
Best thing to do in times like this is to avoid watching those websites and your portfolios Smiley

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May 19, 2021, 09:56:13 PM
 #12

Binance has crashed and it's still down. CMC might have been affected as well. Lol.  Wouldn't you be scared if you have a lot of money invested in the market?
Coinbase was also down earlier in the day. Prices were down heavily today, and this resulted in heavier traffic to exchanges and sites like CMC. I wonder how much Coinbase and Binance going down contributed to the acceleration of price declines.
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May 19, 2021, 10:07:18 PM
 #13

Everything collapsed from overload and high traffic not just coinmarketcap, coingecko and exchanges had trouble to deal with so much traffic and I saw withdrawals being suspended.
Best thing to do in times like this is to avoid watching those websites and your portfolios Smiley

Yeah, there was a high influx of people going over these sites to check how fast crypto prices were dropping. It's even worse on Binance especially for those futures traders because they were unable to login and close their open positions but it wasn't possible. Anyway, majority of those positions were liquidated. The last time I checked, Binance was trending on crypto twitter after the outage. Its just funny how Binance becomes unable in critical times like this.

I just left my portfolio for several hours without looking at the damage so I don't get tempted to sell at a loss. Thankfully, I kept my portfolio in check. Bad times.

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May 20, 2021, 03:45:02 AM
 #14

There was a lot of alternative for Coinmarketcap.

Coingecko and Coinpaprika, if you just want to check the prices of cryptocurrency at that time, using an alternative for coinmarketcap will do.
Or using an exchange just like FTX Exchange will do if you will check prices, as far as I know, FTX got the most very low downtime yesterday, around 60 seconds only total. Which is the most reliable exchange at that time compares to Binance and other exchanges which down most of the time yesterday's dump.

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May 20, 2021, 03:49:25 AM
 #15

There was a lot of alternative for Coinmarketcap.

Coingecko and Coinpaprika, if you just want to check the prices of cryptocurrency at that time, using an alternative for coinmarketcap will do.
Or using an exchange just like FTX Exchange will do if you will check prices, as far as I know, FTX got the most very low downtime yesterday, around 60 seconds only total. Which is the most reliable exchange at that time compares to Binance and other exchanges which down most of the time yesterday's dump.

Most of the coin tracker app yesterday was down even coingecko due to heavy traffic. Since most of this coin tracker website solely depends on exchange price. All of this kind of sevices is not working because all exchange is under maintenance which is there source.

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May 20, 2021, 08:58:38 AM
 #16

Binance has crashed and it's still down. CMC might have been affected as well. Lol.  Wouldn't you be scared if you have a lot of money invested in the market?

Anyway, upon checking right now, it still works, no crashes here.


I have 20k in the market. is 95% of my money

Wow I can't imagine how stressful you are right now for seeing the current market rate if your funds still on exchange or on your personal wallet. Also maybe you need to relax since for me its normal many people are now watching the price on coin tracker price site since the market is dumping and people want to monitor the price from time to time. As of this writing CMC are totally fine so don't worry if you think this one could start a fud since fuders cannot use this, its a small issue which can be solve faster by them.

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May 20, 2021, 09:15:15 AM
 #17

I was pretty early in ADA from $1 up to 2.2$.
I hope you found a way to recover or just be break even. The market is really volatile but I hope for the best, in this case, back up to the ATH price.



Coinbase was also down earlier in the day. Prices were down heavily today, and this resulted in heavier traffic to exchanges and sites like CMC. I wonder how much Coinbase and Binance going down contributed to the acceleration of price declines.
I read somewhere that they have resolved it already but it took almost an hour? I'm not really sure. A lot of people might have panic sold and was surprised when it bounced back right up a higher price again. Maybe they are involved with the whales having those types of orders? Or a lot of people just trying to access and it overloaded the system? Probably the latter.

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May 21, 2021, 01:57:00 PM
 #18

using coinmarketcrap...yikes!



simple as (:

This. Since Binance acquired CMC, it seems that it suddenly became a bit too bloated that it's been taking the whole page to load when you scroll down immediately after opening the page. Even with parts of the page missing like so:



And it's been like this for a while now, not just in peak times.

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May 21, 2021, 02:06:09 PM
 #19

How come they are still experiencing this kind of thing, shouldn't they have an updated software and something that will help them in terms of web traffic?
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May 21, 2021, 02:19:43 PM
 #20

How come they are still experiencing this kind of thing, shouldn't they have an updated software and something that will help them in terms of web traffic?

It's not something where you simply just update your software and you're good to go. Chances are, this is going to need hardware upgrades as well. We like to talk crap about these services a lot, but let's not forget that these sites are one of the highest traffic websites outside the top social media platforms.

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