Ninjastic
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Post
Topic
Board Altcoin Discussion
Re: CMC Misleading new projects
by
Psynthax
on 08/05/2020, 16:38:25 UTC
Quote from: Mdickie120 on Today at 04:19:30 PM
Quote from: Aaroenz0r on May 06, 2020, 04:57:50 AM
Quote from: joseyphil82 on April 01, 2020, 06:34:46 AM
Coinmarketcap is the real reason why so many new projects devs are misleaded, they go to CMC and pick from the top rated exchanges to list their tokens because CMC gives all bad exchanges good rating, that's very misleading

Maybe now that Binance CZ is about to take over, new projects developers will start making the right decision about those Exchanges
CMC is just a promotion site and they make money by advertising projects and exchanges. Fake volumes are recorded by them. It is important that for project analysis we cannot use CMC data. We should know that where is a bad exchange and the first is a good exchange to invest properly. and in accordance with the rules of finance, the inexperienced and lazy people will be eliminated. Wink

I can't be agree with you. CMC is still one of a barometer for the crypto world. Your claim looks like dissatisfaction with authorities in your or someone's else country. That's not a good way
he was taking the banner that always appears on the site as his main consideration to say that. The fact this has still become a very good site to be used by all of crypto users but the problem is too much manipulation that happened on the volume that already published by CMC and at the same time, this becomes a promotional site too for the new project.