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RE: What's wrong with Coinmarketcap.com ?

in #cryptocurrency7 years ago (edited)

I believe the difference between CoinmarketCap.com and other sources is due to CoinmarketCap.com calculation taking into consideration Chinese exchanges which are 10% above regular exchanges.Always check your exchange for prices, coinmarketcap.com is just a rough estimate.However in your charts above there' something weird, i get the values in $$ on my Coinmarketcap.com profile.

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I'm so fucking fed up looking at ETH price in USD, Is there a BTC only version of this?

http://coinmarketcap.com/currencies/ethereum/#markets

I highly doubt that but there are a couple of ways you can do this the " not so accurate way":
1- Take your altcoin price in USD from Coinmarketcap.com exanmple : ETH 325.40$ divide it by the BTC price from Coinmarketcap.com at the same time BTC 2621$. You get 0.12415 ETH/BTC. This method is inaccurate since the price includes all exchanges listed.
2- Click on you altcoin and you get the price for all the exchanges listed, use the prices from the exchanges that you usually use or access the exchanges.
3- Easiest way, we need this message to reach coinmarketcap.com and tell them to enable this feature from the outside.I believe it is fairly easy for them to enable this feature and we won't waste our time doing useless calculations.

Hi Julianita, great post. I'm new to the crypto game as well and i found the website below really useful, with loads of conversion options. Super easy to use.

https://www.cryptocompare.com/coins/eth/overview/BTC

I typically look at the price on an exchange for ETH/BTC. Just have Bitfinex app on my mobile phone and that's good enough to keep track of it. Otherwise there are apps that combine information from multiple exchanges too and can give you anything that trades in terms of BTC. Unfortunately coincap and others don't really provide that.

@julianita I looked it up, you can change the whole charts in coinmarketcap.com to any currency other than USD.

For Ethereum it is the same, for all exchanges

Been using the platform for months never actually saw them.

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