Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
tobobit
on 07/01/2014, 01:23:28 UTC

This site can provide some idea of virtual currency activity, but cannot be relied upon. One example is http://coinmarketcap.com/asc_30.html, Just take a look. At no point did ASC crash and then rebound. Coinmarketcap makes it appear that the coin is increasing in value, when in fact it has done nothing but gradually decline for a few days.

Glitches like this (along with so many others) make this site a very unreliable source of information. All data really should be confirmed on the exchange; often an exchange will show the true story.
I would bet my crypto fortune the site operator purposely manipulates the coinmarketcap.com site for his own personal gain and insider trading.
that's my 2 satoshi on this.

Do you realize what kind of legal implications making public accusations like this has? People on this forum completely amaze me with their ignorance and stupidity. Ever heard of libel and slander?
you must be from Commiefornia or somewhere like that.

I would guess that OP is the one that is wary of legal ramifications lol