Quote from: imstillthebest on September 12, 2019, 07:07:32 AM

Quote from: JollyGood on September 11, 2019, 10:32:40 PM

One thing to note though is the manner in which CMC does exclude certain exchanges when looking at coins trade volumes. For example, here we can see the MNX (Minexcoin) scammers on HitBTC being excluded from the volumes because they claim to have buyers at $0.33 when the price being traded is around $0.09

https://coinmarketcap.com/currencies/minexcoin/#markets

but you said earlier that cmc lists it all no matter if the datas are legit or not . and now your saying that they are excluding some shady data's ? hmmm ... that confuses me a bit .

Do not be confused.

The CMC API that are used by exchanges to send trade volumes do exactly that and CMC takes their word for it - so it seems.

When one, two or several exchanges are selling a particular coin for $0.01 and another is selling the same coin for $100 then those volumes are excluded by CMC. That is probably completed by a simple check.

They are not a police but if anybody wants to know what is going on they should contact CMC directly.

Quote from: 1Referee on September 12, 2019, 09:41:27 AM

Quote from: imstillthebest on September 12, 2019, 07:07:32 AM

but you said earlier that cmc lists it all no matter if the datas are legit or not . and now your saying that they are excluding some shady data's ? hmmm ... that confuses me a bit .

What he tried to explain is that CMC lists every coin price and volume metric on their site, but they can exclude individual or combined metrics so that they don't get calculated into their price and/or volume index. This is done to prevent unnecessary inflation, even though they still are inflating price and volume metrics by a lot. Cheesy

When CMC excludes metrics they use */**/*** to point out what metric is exactly excluded;

Quote

* Price Excluded
** Volume Excluded
*** Price/Volume Excluded - Outlier Detected

Thank you for elaborating Wink

Quote from: pooya87 on September 12, 2019, 07:14:05 AM

Quote from: imstillthebest on September 12, 2019, 07:07:32 AM

Quote from: JollyGood on September 11, 2019, 10:32:40 PM

CMC is not a police-type authority. It simply takes the information it receives and displays it.

they arent ? i thought cmc is trusted when it comes to crypto stuffs and informations .

it is data that they show not information, so it is raw and can be interpreted anyways you like. as for trust, there isn't much they could fake because it is the data that they fetch from the exchanges and then show it on their site.
i wouldn't say they are or even can manipulate the market because they simply have no power. but they certainly can mislead people. for example two biggest things they are doing is the "dominance" factor which is meaningless and "ranking" altcoins and the concept of "top coins" which is just as meaningless.

Yes it is the raw data that is displayed by CMC and that data can easily be manipulated to the needs, motives and desires of the ones sending it.