Post
Topic
Board Service Discussion
Re: Does CoinMarketCap (CMC) manipulates the market?
by
Koro-Sensei
on 25/03/2018, 16:31:39 UTC
Fraudulent data provided on CoinMarketCap distorts entire crypto-currency market perception

https://medium.com/@coinmarketcapped/intro-how-coinmarketcap-cmc-manipulates-the-market-by-showing-fraudulent-information-to-the-c1246a953144

https://medium.com/@coinmarketcapped/part-a1-fraudulent-data-provided-on-coinmarketcap-distorts-entire-crypto-currency-market-77e01f067b49

i think this is worth reading. especially because of this:

Quote
Most people here are concerned about centralised mining cartels, hardware producers, banks, governments, regulators and/or core developers being points of issues in this industry. We strongly believe that none of those come even close to comparing to the obvious fraud that has been going on at CoinMarketCap for many years.

i appreciate the work they have done by writing these posts.




They may have their reason although it is a scam but not directly but mostly scam lol. We can't deny they have the most successful listing for all the reliable sites that can be traded on any token/altcoins. I now for sure you rely on it too whoever read this. Let's be practical they have done their jobs but they deserve a second or an explanation to what is happening wether it's true or not.