Bitcoin Forum

Hi Guys,
in times were exchanges cant handle the traffic anymore, closing pairs/ new register
and gettin hacked I think this is the future in the cryptosphere like DEEX.
Im gonna buy some tokens seems legit.
http://www.coinfox.info/8569-decentralized-exchange-deex-to-start-token-sale-on-january-10-2018

What do you think---?
Will decentralized Exchanges overturn the centralized, even established ones like BNB, Finex etc?
Would you buy more tokens from deex ones instead of COSS?

I used kucoin foe the first time today and had a great experience.  My hope is that once soon becomes a big player as well and we don't have to deal with the nonsense of exchanges who can't even accept new customers.

Decentralized exchanges will be the future for sure. Would you let coinbase or binance to hold monopoly around and to get fees? If their servers are down you are unable to trade/send/withdraw. They act like a bank in some way they can close your account, never reply to tickets etc... to mnay problems. If there is made good decentralized exchange I'll use it for sure.

yep thats unfair.
I dont care first for the token btw it could be a good invesment,
 but even more interesting is that all deexs like this example are way more secure against hacker and ddos.
 I really think thats a big point why centralized ones go soon down.

IDEX.

decentralization is going to transform many things and exchanges are just one..

"DEEX promises to solve this problem by building the world’s first decentralized exchange with functional benefits close to a centralized exchange, but without its permanent security threats and sanction risks. It also provides the clients complete control over their fund. The core of this decentralized ecosystem is the BitShares 2.0 (Graphene) blockchain, an extremely fast and reliable platform with not a single hacking record since its creation.

Technically speaking, BitShares 2.0 is a high-tech, decentralized, blockchain based platform which allows to create highly efficient financial smart contracts for all areas of economic activity that are used in the global internet space to provide services. Some of its key benefits include up to 100,000 transactions per second, cryptocurrencies trading with a stable price, dynamic account permissions, recurring and schedule payments, referral rewards programs, and much more" from my link.

more transactions than xrb
could be a value blow up for BitSHares

I heard that DEEX is going to move to its own blockchain (based on Graphene). By the way, BitShares is the best choice to start. It is the fastet blockchain as I know, 100k trans per sec. Ethereum can do only 20  ;D

I havent heard about deex. But i agree what you say. I hate centralized exchanges. Binance polo bittrex all same shit... I hope decentralized exchanges will start to become more popular in 2018.

Same here, also haven't heard about Deex but if they build an exchange like kucoin, binance,.., that doesn't have the disadvantages of the centralized exchanges this would be the end for centralized ones.  

I dont know whats the DEEX but i know a great future potential exchange: IDEX! :D
I think you should follow the IDEX. Will soon become a major stock market ;)

There's a lot of hurdles to overcome - have you guys tried to use EtherDelta? It's a freaking nightmare. One advantage of traditional exchanges is that you're not paying transaction fees for every trade - it's impossible to trade BTC in low amounts over a decentralised exchange due to transaction fees.

funny that bitshares still so cheap 60ct for being the best in speed 100k/s are freekin amazin

for everybody who hasnt heard of DEEX can read in the link and maybe wants also to participate in the token sale could be worth it
https://bitcointalk.org/index.php?topic=2375913.40

True, but I guess stuffs like this take process.
Won't just happen overnight and before then we stick to centralized until proven and credible de-centralized exchange platforms arise.

Hopefully DEEX makes the cut

well said man yea.

you better use BarterDEX, the best decentralized exchange :)

If you want to trade on dex or decentralised exchange. Try idex.market it is faster then etherdelta. I traded there now. Yes sometimes it gives you error its because a lot attack and its still new. The important thing you are not losing your money. They improved so fast. And i think many people will move from etherdelta to that exchanger. And if you are market maker you alaso can get aurora token if im not mistaken.

Only if the decentralized exchanges start producing a better interface with user friendly features i think they will come to the top.

In general I totally agree with the title of this thread. I really hope that the era of centralized exchanges will come to an end sooner or later. I hope that decentralized exchanges and in the end atomic swaps will take over and put the centralized exchanges out of business. Im against centralized exchanges because they are given too much power in my opinion. Thats just a bad thing.

Yeah I enjoy the situation that we are moving/pushing deeper into decentralized exchanges territory. And even dividend sharings is such nice thing happens in crypto. Probably in future we all trade ourselves only by decentralized exchanges, kucoin, idex, deex..

why you hate centralize exchanges ? Binance, poloniex and bittrex is the big exchanges right now
and many of people is traded there.

Dex is good, but you'll get screwed up by blockchain fees. If LN get's live(even though its semi-centralized) then, I'll think it's worth the go.

Because i witnessed centralized exchange closed their website and dissapeared. When you send your money to those exchange for trading. It is not money anymore it is their money because the wallets are their. You dont have anything to do if something goes wrong

This is why I've invested in XSPEC and COSS.
Low market cap private coin with a potential and a low market cap DEX with a lot of potential.
Bring on the regulators and boost my coins value!  ;D

I'm against central systems. I have already invested in this market just for that.

Although decentralized exchange is good but right now centralized exchange like binance and bittrex is certainly better to use because of the liquidity and the fact that they are easier to use compared to decentralized exchange. Maybe people will start choosing decentralized exchange if they improve their platform and centralized exchange is becoming worse, but for now i will still use centralized one.

Both have their merrits. I mean if one of them were far superior as of now there wouldn't be a healthy discussion about it, would it?

some users ( including me ) will still prefer to use decentralized exchange like etherdelta because they are also good aside form other centralized exchanges like the ones you mentioned above however it doesnt really matter on whether you choose centralized or decentralized because what matters here the most is the services that they offered.