Quote from: jossiel on October 07, 2019, 08:43:15 PM

Quote from: dave111223 on October 07, 2019, 08:25:31 PM

Quote from: tomahawk9 on October 07, 2019, 08:18:39 PM

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.

CoinMarketCaps Fake Data Problem; Facebooks Libra Scams
Fake Trading Volume on Exchanges and Coinmarketcap

Just saw this post, I guess I am incorrect then. I'm still a bit confused about why a platform such as Coinmarketcap (which isn't even an exchange themselves) would advertise false prices on certain coins?

The articles are about the faked volume on exchanges that are listed on Coinmarketcap, which isn't really their problem (Coinmarketcap is here to provide you with a list of stuff), and if the exchanges are reporting that volume to CMC, what can they do about it?

It'll be a problem if they accepted payments in order to fake volume.