thethrowaccount21

https://www.reddit.com/r/btc/comments/al0brr/stop_relying_on_coin_market_cap_their_data_is/ I was just reading this thread and it dawned on me that most people are still very much unaware that Coinmarketcap.com does not give you an accurate picture of the cryptocurrency economy or space. For at least three simple reasons: 1. CMC uses exchange data, exchanges price all alts in BTC which causes...
We have grown accustomed to refreshing coinmarketcap.com every five seconds to check the price of our favorite coins. Right now, Bitcoin Cash is sitting at around $130.95. However, the data on coinmarketcap is not good for what we use it for. Price and 'supply' are both flawed concepts that skew the true size of coins and cryptocurrencies relative to each other, and relative to bitcoin. As a res...