Post
Topic
Board Service Discussion
Re: Does CoinMarketCap (CMC) manipulates the market?
by
carlfebz2
on 25/03/2018, 20:38:01 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.




So never trust anyone blindly do your own research to keep our hard earned money to be worthful.But I saw an alternative to CMC fewdays before but I forgot to bookmark it now I have to search my histories now to find the name of the site.But it was really very good alternative to CMC and real time price updating no refresh is needed.I will place the link once I found it.Hopefully soon. Smiley
This is all we need where do price and other important informations is constantly updated.I have already pictured this out that manipulation can really happen since they do already in the position on where they can really possibly bribe projects to make their cap even more lower which I was actually surprised that this thing goes so far.We know CMC is being used mainly when it comes on checking out prices and now they are bust up, we don't know if those informations being not updated or just being putted on purpose.