Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: Gideon99 on February 21, 2024, 06:54:35 AM
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It's a website that is use to track the market price , market cap and other information about crypto. It's a very useful too for anyone interested in crypto, and can provide you with the latest trends on crypto and industry. note: marketcap don't provide analysis or give recommendations so it's for you to do your own research on the internet and make your choice on with crypto currency to invest on.
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Coinmarket cap is a famous site and almost all cryptocurrency users know about it or have visited it once, but there are alternatives that have become competitive in popularity, so creating a list of alternatives or the advantages and disadvantages of Coinmarket cap will be better and will give a value to your topic.
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CoinMarketCap is CRAP owned by Binance and everyone should stay away from it because they constantly posting wrong, incorrect and bias information about coins, values and exchanges.
CoinGecko is much better alternative and it is more neutral than CMC.
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Yeah, coin market cap is a very popular site, I don't think that there is any old experience crypto enthusiast that doesn't know CMC and CG. Those two site have been my favorite coin tracking site but I think I like coin gecko more than CMC, the reason is because I usually see newly listed coin on coin gecko and I also see the ATH and ATL price of all altcoins listed on coin gecko.
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This is just one of the useful tools that I use when for example I check some coins when it comes to tokenomics, When it is not yet listed in cmc I usually look for other confirmation if for example a coin really has potential.
In that cmc you can see almost everything there from top altcoins, top meme coins, ai, and top exchanges even the top 100 altcoins in this field of the cryptocurrency business industry.
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It's a website that is use to track the market price , market cap and other information about crypto. It's a very useful too for anyone interested in crypto, and can provide you with the latest trends on crypto and industry. note: marketcap don't provide analysis or give recommendations so it's for you to do your own research on the internet and make your choice on with crypto currency to invest on.
Not only that you can use it as your portfolio tracker all you have to do is to create an account add the name of the tokens or coins and the amount and it will give you an insight into your portfolio and you will get updates if you're making profits or losing, but you can also vote for your favorite coin or token not only a market aggregator but they create a community within their platform.
This platform is a must for investors and HODLERS to keep up with the market.
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Binance paid $400M to buy CoinMarketCap in 2020 so it isn't independent. If Binance's paid premium price to buy it they've wanted it for a reason they haven't explained.
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- This is just one of the platforms that can be used if you are looking for potential cryptos that you want to hold long-term, especially if you are a beginner in this industry field. It is also one of the most frequently used to determine whether a new coin that has arisen in this business field is legit or not.
And this is just another way for us to know which are the top altcoins that we can choose if we want to invest in cryptocurrency as well. In short, this is a good reference in terms of investment.
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CoinMarketCap is CRAP owned by Binance and everyone should stay away from it because they constantly posting wrong, incorrect and bias information about coins, values and exchanges.
CoinGecko is much better alternative and it is more neutral than CMC.
Honestly often track coin prices on Coinmarketcap rather than on Coingecko but with what you said they give wrong/bias coin information is that more of a slam on the exchange itself i.e. Binance?
So far I always read news about coins from some reputable articles or on Twitter and I very rarely see news published by Coinmarketcap.
So if Coingecko is not owned by any exchange and can be said they are independent?
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Binance paid $400M to buy CoinMarketCap in 2020 so it isn't independent. If Binance's paid premium price to buy it they've wanted it for a reason they haven't explained.
Binance's monopolistic method is very similar to Facebook's method. They monitor the market, set their eyes on any successful project, and add it to their list of projects. All the projects they own are linked directly or indirectly to enhance Binance's profits, so you will find that CMC data is manipulated in favor of Binance. They are often used to promote services that Binance believes may generate good returns.
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So if Coingecko is not owned by any exchange and can be said they are independent?
Coinmarket cap used for tracking all cryptocurrency in the crypto world. Listed coins high quality and accurate information.
No one denies this, and you will not find a neutral party, but Binance’s policies are monopolistic, which makes you question the data that comes from CMC, especially with regard to Binance’s competitors. The advantage of CMC is that it provides a simple interface that offers what the user wants, and the domain name is easy to remember, and the service is somewhat old, so it is the best. But if they continue with Binance's policy, then it will be good to think about alternatives.
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In fact, coinmarketcap is the most popular and the best website for cryptocurrency analysis. Here if you find any new good quality coin in the current market it is listed here and you can easily get its information. From this website you can know the current price, rank, coin market, price change rate of listed coin and token and much more. They will never force you to invest because investment should be your own choice. But information from here may not always be true so you need to do your best research on everything.
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In fact, coinmarketcap is the most popular and the best website for cryptocurrency analysis.
Coinmarketcap is indeed the most popular crypto price/exchanges tracking website, but the title of the best imho goes to Coingecko.
They are independent (CMC is owned by Binance) which means their rankings are probably more realistic and not biased and as far as I know, they enever advertsised scammy wesbites like 1xbit (as opposed to CMC).
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Coinmarketcap is the same as coin gecko where crypto enthusiasts check and track cryptocurrencies. I understand why you like CoinGecko, though. Seeing recently added coins and each altcoin's all-time high and all-time low price is useful. It is easier to stay on top of things with that additional information.
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Binance paid $400M to buy CoinMarketCap in 2020 so it isn't independent. If Binance's paid premium price to buy it they've wanted it for a reason they haven't explained.
Binance's indication of interest to acquire CMC as well as the acquisition has indeed, compromised the platform's independence and absolute authenticity, giving room for publicizing of inacurate and manipulated information, and this has not only made people to question the information gotten from them but also given them the reason to feel concerned about the fact that they could also be deliberately publicizing biased data, or even manipulating rankings to suit their personal interests, and this has been able to achieve nothing but to erode people's trust and confidence on the platform to provide and present accurate information to the general public. This single act could have disastrous effects to people and they'll end up being misguided thereby leading to poor investment decisions, leading to losses.
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Well...OP, find out what some people base their criticism; the classic "the owner is...", anyway, just look at the price, take advantage of it and that's it, check the price where you think it's more reliable, after all, we are full of triggers for brand consumption, what matters is that users understand about why they are visiting a certain website.
On the other hand, OP, what is the topic under discussion here... perhaps the question is, why are some tokens not listed, or why this morning there were 10031 and now they only list 10018... why did they take out 13 tokens in a couple of hours... ::)
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It is true that coinmarketcap is very popular and so far the top tier coin ranking site in the Crypto space but however I sometimes see discrepancies on their listing which does not urgur well with Crypto enthusiast. Coingecko seems to be cool and are very updated with listing accuracy and lots more compared with the coinmarketcap.
Well, I do not fully depend on coinmarketcap for coin ranking as I have other ranking site where I can make enquiries from as the case may be pertaining to coin price.
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It is true that coinmarketcap is very popular and so far the top tier coin ranking site in the Crypto space but however I sometimes see discrepancies on their listing which does not urgur well with Crypto enthusiast. Coingecko seems to be cool and are very updated with listing accuracy and lots more compared with the coinmarketcap.
Well, I do not fully depend on coinmarketcap for coin ranking as I have other ranking site where I can make enquiries from as the case may be pertaining to coin price.
They allowed people to comments on coin stats walls and that kills the vision of that coin market cap. People are spamming and writing all sort of messages they want and the dev are not doing anything about it. Even Bitcoin that has reputation is been spam with all sort of write up and the dev just allow them paste such things on the stats walls.
There is this unique thing about coingecko, their data is reliable and I don't know how they used the real API to get valuable and real informations but the data on coin market cap seems not accurate as coingecko.
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It is true that coinmarketcap is very popular and so far the top tier coin ranking site in the Crypto space but however I sometimes see discrepancies on their listing which does not urgur well with Crypto enthusiast. Coingecko seems to be cool and are very updated with listing accuracy and lots more compared with the coinmarketcap.
Well, I do not fully depend on coinmarketcap for coin ranking as I have other ranking site where I can make enquiries from as the case may be pertaining to coin price.
They allowed people to comments on coin stats walls and that kills the vision of that coin market cap. People are spamming and writing all sort of messages they want and the dev are not doing anything about it. Even Bitcoin that has reputation is been spam with all sort of write up and the dev just allow them paste such things on the stats walls.
There is this unique thing about coingecko, their data is reliable and I don't know how they used the real API to get valuable and real informations but the data on coin market cap seems not accurate as coingecko.
I still do not understand how coingecko could be able to do that but however, I think they are more reliable than coinmarketcap of lately, their data tells more than we could imagine and I must commend their developer for keeping such fit.
The issue of coinmarketcap allowing posts and replies on coin wall is something I do not subscribe to and I must say it does not really make any sense but to some, it does because they feel it would really give facts to readers or visitors something tangible about the project involved.
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Coingecko is far from perfect but I think it is much better than coinmarketcap.
I like that you can use basic Trangview for free with Coingecko, this is not available on CMC I think.
One bitcointalk forum member even made an open source app that works with coingecko, so you can use it on your computers and make custom portfolios.
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You can't rely on one source of info when you're trading. Coingecko's an alternative ppl should consider because coinmarketcap's owned by Binance.
Well, I do not fully depend on coinmarketcap for coin ranking as I have other ranking site where I can make enquiries from as the case may be pertaining to coin price.
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You can't rely on one source of info when you're trading. Coingecko's an alternative ppl should consider because coinmarketcap's owned by Binance.
Well, I do not fully depend on coinmarketcap for coin ranking as I have other ranking site where I can make enquiries from as the case may be pertaining to coin price.
We know that coinmarketcap is one of the best popular site for cryptocurrency users in all over the world. I think that most of the crypto users depending on coinmarketcap. But if we follow in cryptocurrency market, we can see that without coinmarketcap there are many sites stay in crypto currency world. But I think that coinmarketcap is also very helpful for us, so I like it very much.
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Coinmarketcap's the top info site but it doesn't mean it's the best. I'd say ppl should keep open minded so coingecko's one alternative. Look at cryptobubbles (http://cryptobubbles.com) they've posted about their service in bitcointalk.
We know that coinmarketcap is one of the best popular site for cryptocurrency users in all over the world. I think that most of the crypto users depending on coinmarketcap. But if we follow in cryptocurrency market, we can see that without coinmarketcap there are many sites stay in crypto currency world. But I think that coinmarketcap is also very helpful for us, so I like it very much.
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Coinmarketcap's the top info site but it doesn't mean it's the best. I'd say ppl should keep open minded so coingecko's one alternative. Look at cryptobubbles (http://cryptobubbles.com) they've posted about their service in bitcointalk.
Yes, this is my opinion too, Coinmarketcap is the most famous and most popular site but this does not mean that it is the best, there are other sites that provide these same services and maybe better but they are not known.
There is something worth mentioning that I would like to mention, since Binance acquired Coinmarketcap, I have some doubts about the reliability of the data provided by the site regarding the exchange rank or trading volume as well as some other coins such as BNB and others, as they can be easily manipulated through the site.
I am not saying that this is what actually happens, but I say that it is necessary when conducting research to verify the accuracy of information from more than one site, not just Coinmarketcap.
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For me when a new coin comes out I check coinmarketcap to see what exchanges will use the coin. So for that I have found it to be pretty good.
Pepe is tradable on tradeogre
since I have tradeogre I am holding the Pepe I mine at viabtc,com
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Yes it's better to verify coinmarketcap with other sites before trading. There's heavy promotions on the site it's loaded with ads but it's still top for prices. I've got doubts in coinmarketcap too but it doesn't mean they're cheating. If they're caught manipulating info ppl won't trust Binance & coinmarketcap so they won't.
Yes, this is my opinion too, Coinmarketcap is the most famous and most popular site but this does not mean that it is the best, there are other sites that provide these same services and maybe better but they are not known.
There is something worth mentioning that I would like to mention, since Binance acquired Coinmarketcap, I have some doubts about the reliability of the data provided by the site regarding the exchange rank or trading volume as well as some other coins such as BNB and others, as they can be easily manipulated through the site.
I am not saying that this is what actually happens, but I say that it is necessary when conducting research to verify the accuracy of information from more than one site, not just Coinmarketcap.
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Yes it's better to verify coinmarketcap with other sites before trading. There's heavy promotions on the site it's loaded with ads but it's still top for prices. I've got doubts in coinmarketcap too but it doesn't mean they're cheating. If they're caught manipulating info ppl won't trust Binance & coinmarketcap so they won't.
imo i do not think there is any platform that is completely unbiased and at the same time accurate prices will always differ per platform due to timing issues and each platform is just trying to make money off of whatever they can and if they can promote some coins they will definitely do so but if you are to look for something that is objective and accurate the best you can find is the least biased and full of ads and promotions and as accurate as possible when reporting prices and historical data
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CMC is one of oldest coin tracking website, but it lost it's charm somehow and I started preferring CG as time passed by.
Coinmarketcap's the top info site but it doesn't mean it's the best. I'd say ppl should keep open minded so coingecko's one alternative. Look at cryptobubbles (http://cryptobubbles.com) they've posted about their service in bitcointalk.
Thank you for this share. Looks really catchy and all info I look for is there too.
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CMC is one of oldest coin tracking website, but it lost it's charm somehow and I started preferring CG as time passed by.
Coinmarketcap's the top info site but it doesn't mean it's the best. I'd say ppl should keep open minded so coingecko's one alternative. Look at cryptobubbles (http://cryptobubbles.com) they've posted about their service in bitcointalk.
Thank you for this share. Looks really catchy and all info I look for is there too.
I checked out crypto bubbles seems pretty good. need to look a bit deeper but coinmarketcap seems to list more echanges per coin. this is important if a new pow coin shows,up as I may decide to not mine the coin because i do not want to do a new kyc exchange to sell it
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imo i do not think there is any platform that is completely unbiased and at the same time accurate prices will always differ per platform due to timing issues and each platform is just trying to make money off of whatever they can and if they can promote some coins they will definitely do so but if you are to look for something that is objective and accurate the best you can find is the least biased and full of ads and promotions and as accurate as possible when reporting prices and historical data
They don't have to be unbiased but they shouldn't adjust trading volumes. I don't think any do it plus they're full of ads & promos so they're giving incomes so they don't have to cheat.
I checked out crypto bubbles seems pretty good. need to look a bit deeper but coinmarketcap seems to list more echanges per coin. this is important if a new pow coin shows,up as I may decide to not mine the coin because i do not want to do a new kyc exchange to sell it
I'd give cryptobubbles a chance to use next to coinmarketcap. How many different coins are you mining ?