Quote from: royalfestus on September 16, 2019, 09:24:48 PM

Quote from: imstillthebest on September 15, 2019, 12:21:37 PM

Quote from: Mpamaegbu on September 15, 2019, 10:46:14 AM

........

you cant compare bitcoin to cmc because bitcoin is a currency and cmc is only a website .

sure btc do also have some flaws but its the most trusted coin and the first crypto that is invented while there are other better alternatives to cmc and cmc is not the first website that can provide information when it comes to cryptos

. cmc is now on a hot issue lately because alot of users complain about thier inaccuracy and manipulations . cmc can really be easily replaced by a new and honest website that can offer the same service

CMC is working assiduously to correct the figures produced by fake volume exchange, although I thought it should have been implement a long time after they announced the plan to review it. Coingecko, a similar website is dong the same with the misinformation because of the fake volume on exchanges. I also think we might need to look more into daily traded volume than market cap, traders and investors might consider review on active market coin than the marketcap

These websites coinmarketcap or coingecko has to fetch the data from the exchanges and if any exchange has fake volume, then they will still extract that data and present it on their site. If they want to eliminate this fake volume in their data, they need to exclude these fake volume exchanges and only then the data will be perfect.