Post
Topic
Board Bitcoin Discussion
Re: Incorect price on Coinmarketcap.com
by
dave111223
on 07/10/2019, 20:59:55 UTC
To be honest, CMC has been accused of manipulating prices and display fake volume several times so i wouldn't be surprised if they messed with something yesterday.

I had read about it, was it true at the end? I don't really see the kind of manipulation that can be done by changing prices on CMC,
Yes, there were reports before on how they manipulated the price few times and how buggy they were. CMC isn't really a viable source of price but if you have been used to it, don't rely on their stats and always check other sources for volumes too.

CoinMarketCap’s Fake Data Problem; Facebook’s Libra Scams
Fake Trading Volume on Exchanges and Coinmarketcap

Thank you very much for your answer and for your links. Such news does not necessarily do much good for crypto.... Anyway, I never go on it except to see the total capitalization of the market or to take a quick look at the general trend. The rest of the time, I have my favorites and alarms on TV!