Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CheapVccSeller on December 21, 2017, 12:13:18 PM



Title: 2018 Will be the year of the 0x Token
Post by: CheapVccSeller on December 21, 2017, 12:13:18 PM
https://coinmarketcap.com/currencies/0x/

Have any of you guys checked this coin out?
https://0xproject.com/wiki#List-of-Projects-Using-0x-Protocol

There's multiple exchanges/coins that are building on top of the 0x platform such as augur and status and ethfenix is building on top of it as which is set to be the top decentralized exchange and rival bittrex's/bitfinex's volume when it launches. Ethfenix is being made by bitfinex which right now has the #1 exchange volume in the world https://coinmarketcap.com/exchanges/volume/24-hour/ right now it has almost $4.5 billion of volume. That's a billion not a million. You need the 0x token to trade on the decentralized exchange so i'm assuming this is going to be one of the top 10 or top 15 coins since it's going to be the layer for the decentralized exchanges so every exchange that builds on top of this the 0x token is used for the fee's on the exchanges


I suggest you guys check this out and make your own decisions. Right now a coin needs a $4.6 billion market cap to reach top 15 and 0x only has a $310 million market cap. Coin is very slept on. It actually has a real use case for it unlike most of the coins that are up top. 2018 will be the year of the decentralized exchanges, all those people who don't want to verify their exchange accounts or those who live in 3rd world countries who can't use the exchanges will use the decentralized one's to exchange on and also the people who don't want to risk their funds on exchanges will use the decentralized exchanges because filly decentralized exchanges can't be hacked into so there's no way for people to steal your funds away from you. Am very bullish on 0x since it's going to be used on the #1 decentralized exchange.


Title: Re: 2018 Will be the year of the decentralized exchanges and the 0x Token
Post by: Marvell1 on December 21, 2017, 12:18:29 PM
The hack of etherdelta has shown once again that current state of crypto exchanges is very weak. I hope 0x project will be on time and we'll see it (safe and secure) in 2018.


Title: Re: 2018 Will be the year of the decentralized exchanges and the 0x Token
Post by: myhoho on December 21, 2017, 12:20:41 PM
Decentralized exchanges going to change the game. I am trying to use them but not much liquidty on dex.
I hope people start to use dex and orderbooks gets more active.


Title: Re: 2018 Will be the year of the decentralized exchanges and the 0x Token
Post by: CheapVccSeller on December 21, 2017, 12:29:59 PM
Decentralized exchanges going to change the game. I am trying to use them but not much liquidty on dex.
I hope people start to use dex and orderbooks gets more active.



I assume there will be quite a bit of dex's that will succeed but the one with the most volume will be ethfinex since it's made by bitfinex the #1 exchange. That's why i'm very bullish on 0x since ethfinex is building on top of the 0x protocol.