Post
Topic
Board Altcoin Discussion
Re: Is CMC still safe at all ??
by
South Park
on 13/01/2019, 15:38:22 UTC
I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons

1. Many dead projects still on cmc

2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap

3. Cmc doesn't verify authenticity of projects before listing it

4. CMC now have ads of fake icos on their website thereby leading people to scammers


Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic

Let me stop here and anyone against it should bring a proof to counter it
Or offer more options
Your attitude in this market should be one of distrust and to do your due diligence in any coin in which you would like to invest, even if your accusations are true no website can offer its users the certainty that what you are seeing is authentic or that you are protected from scammers, just look at Bitconnect, it was a popular coin when it existed despite all the warnings of members in the forum that it was a scam, and if people were willing to trade such coin despite that knowledge then websites kept track of it and included it in their lists.