Post
Topic
Board Speculation
Re: Bitcointalk and CMC continue to lose influence over cryptomarket
by
1Referee
on 14/09/2018, 19:13:37 UTC
bitcoin cash and bitcoin gold suffered much more than bitcoin with an amplifier faktor more.

Really? Is that even worth talking about? BCash and BTG are altcoins not adding anything of value to this space. In all cases these are the coins hit the hardest during any sort of declining market.

CMC is an exchange traffic booster, not a price driver of any form. If you look at the traffic stats of most exchanges, then CMC is the first or second to pop up as traffic provider, which also explains why certain exchanges desperately try to inflate their volumes to rank up. The higher your CMC exchange rank is, the more traffic you can expect.

Top 3 exchanges in terms of volumes;

CMC is the second largest traffic provider; https://www.alexa.com/siteinfo/binance.com
CMC is the first traffic provider; https://www.alexa.com/siteinfo/huobi.pro
CMC is the first traffic provider; https://www.alexa.com/siteinfo/okex.com