Seeing decentralized exchanges evolving and more coming up will really be a good thing for the community. I hope they will be able to keep up with the growth in the community and the aspect of security anyway since that was like the main issue most of the time with Etherdelta. Fortunately, if this is one thing that is out of the show, it should be a good start for decentralized exchanges and the more the merrier.

Yes, these decentralized exchanges may enforce the fall of dominance of most other exchanges as they might see a differences in their trading volume. I also wish for more decentralized exchanges and more decentralized services everywhere.

The truth is that people will always have their own share of how things end up turning out for them, and rather than blaming themselves to see where their mistakes are, they blame everything they can.

Yeah, it is pitiable to lose such an amount of money by the OP, but I am sure he really must have made himself vulnerable to being hacked and knowing that you cannot escape them in this space, just as you cannot escape real thieves in real life sometimes, the only way you can actually do is to increase your level of security when you know what you are worth, but I guess some would not until they end up learning the hard way.

Yes, it is more like you are solving some complex algorithm problem with your miners to verify transactions which is the main purpose that they serve for a long term and short term benefit as the case may be. It is normal to understand the essence of mining anyway to be able to understand the reason why people mine.

Asking for the reason why people mine is more like asking for the reason why people invest which is basically to make profit and a way to put their money to work. Cryptos have invented a new way of earning in the name of mining. Making use of new earning method is always being preferred by all human.

Group of complainants ? What do they have to tell that is not already known and by now I am sure every government is applying the idea of you are investing at your own risk even while some are trying their best to apply some form of regulation. At the end, it is impossible for government to destroy cryptocurrency as it is totally not going to be an easy thing to achieve, but regulation can make them to benefit a whole lot from it which I believe this is what so many of them are already beginning to look at.

Obviously no altcoin is going to be beating it and that edge is what bitcoin is going to keep having as long as nothing is changed in its protocol and it remains as established as it gets even the more. ETH is not a threat at all to bitcoin and even the OP could not even come up with anything tangible as every reason he gave was just whacked.

A lot of people just say what they feel like without really digging deep to see how it is not so easy for an inflationary protocol to surpass a deflationary protocol. Also, bitcoin is so established to the core that it would make it hard for any alt to just displace it that easily with the level of community support.

Right, I guess lack of knowledge has really made people to lose their asset, make wrong decisions, and get to be a huge victim of the internet age of hackers who are looking for those to scoop their assets for them.

Moreover, this is not lacking as there are so many information all over the web for people to make use of, but I feel they are just too lazy to find it, or they do not know how to find it or they are simply nonchalant about it and that is a huge problem that most especially has brought security lapses to some accounts and funds, as well as people panicking for no reason.

Yes, fake news is part of it, but it is just a way to create panic and FUD among those weak investors who really do not see the potential in the future of bitcoin but just the quick profit and gain. With this in play, the whales always use this strategy as well as some little bit of manipulations to drive down the price so as to take all the chances they could have to make more profit.

The only thing is just to know how to play safe even as a trader in this environment as everything can happen pretty fast.

The SHOW OFF reason is quite funny lol. Three of the reasons you stated here are why I’m making use of Bitcoin. The number one reason why I started making use of Bitcoin is because I needed a payment method for my job; well, not really me, my boss wanted to make use of it as a payment method, so I had no other option than to accept it also.

The next are the two reasons which are: TECHY & CONVENIENCE : yes Bitcoin is really a convenient way of making transactions, but that’s only for international transactions, if I’m doing anything locally in my country I make use of my bank app. Bitcoin is also techy and I do show off with it sometimes, lol… most of my friends know nothing about it😂

Right, as the truth here is that most countries are actually seeing the blockchain technology as the future but the fact also is that, they cannot tend to admit the idea of decentralization even though they really do not have much of a choice now than to accept the idea and regulate the environment. Over time, there would be a switch to integrating the blockchain technology into the fiat system and I guess we are gradually beginning to see that.

This has been confirmed a long time ago, except that most of you usually do not know how to make some research on the exchanges you are about to use. You are all easily swayed by getting shitty forked coins, trading shit coins and all that, which always make you guys end up in exchanges like this. The point however here is that, you cannot always eat your cake and have it. Irrespective of what you do to beef up the securities on these type of exchanges like Yobit, it does not change the fact that it is still a shit exchange.

Yeah, there is absolutely no business that does not come with a risk, but the only way to minimize those risks is to try as much as possible to be knowledgeable enough in those areas of investment, have a good idea what you are investing in and know how to always play safe. The good thing about the internet space is that you can always get so much information easily and I do not expect that people should still be making wrong investment decisions with that.

That can still play out easily for those making use of exchanges since it is basically capital gain tax and I guess all the information during the period of your purchase, holding and withdrawal is all opened to the exchanges which can be made use of since it is a centralized exchange and the account as well as wallet is attached to such an individual.

Nevertheless, in the category of those who may not be making use of exchanges, that is where their problem lies, but who really cares how furious they want to get anyway ?

Obviously, as we move ahead, we will get to see cryptocurrency becoming a currency of usage and a lot of people who are vast technologically will find it amusing to make use of.

Nevertheless, this would play its own role in the digital sector while local currencies will play its own role in the traditional sector. The good thing about it however is that it ends up creating a competition for the banking sector and probably things would get better over time in the traditional financial sector.

No one is talking about bitcoin disappearing here bro. We are talking about the bitcoins that have been lost in the sense that the owners either threw them away without knowing how much the value is going to be in the future or they just could not find their private key or what they stored it as. Obviously, bitcoin is here to stay but those coins are gone and gone forever and the only way to ever get them is to be able to get the private keys to such wallet which we all know it is not something that can be retrieved once it is lost.

They always started in a way until they are being forced by regulation anyway.
I remembered when bittrex also started until the US regulation required it and the thing is you cannot blame these exchanges as they are subject to those regulation and policies as well.

However, the only thing that would make this stuff change is to start having decentralized exchanges which I believe will reduce the problem most people are having with KYC but I guess we are not even close to getting our hands on a good decentralized exchange for now.

It is even very funny as the OP is not even comparing binance with other exchanges like bittrex, Kucoin, poloniex and the likes and of all exchanges, bancor and forkdelta ?

I am not sure if he has done any research before even asking these questions or if this is part of his research, but it is glaring that no one who is going to be giving an answer would be leaving our binance for any of those other exchanges for any reason because there is none.

Basically, the only tool that any wannabe trader needs to be able to go through with what they want. It can be very frustrating for those who do not have the knowledge, and that is where a lot of people always miss it most times.

As long as you want to trade, the best thing is to never make a mistake of trying it out without taking learning seriously and not just rushing into learning but making sure one knows everything that is needed to know, otherwise, it would be a huge pain for anyone who really wants to go ahead in such situations without that.

My trading strategy is simply trend following making use of all the necessary indicators to make my decisions.
Basically, I make use of Bollinger band, MA, RSI, DMI and MACD to make my trade decisions and so far, it has been awesome.

Although I can say based on your option, I buy low and sell high, but any sensible trader knows it is not just about buying low and selling high as you must know exactly where you are picking your positions, otherwise you will be totally screwed.

Even asides that, with or without escrow, it is still always very necessary to be sure you are investing in a good project before you even think about it at all. It is not about the project getting listed anymore, it is actually about the project or the coin surviving out there which these days, we all know how fast the government is responding to illegal projects and that can become pretty awry for some coins that does not give that positive legal vibe.

Not just 2018, all coming years also will be the best one for crypto users until there will be a saturation in terms of new adopters. I guess even after almost all the people around the world would have adopted bitcoins, I guess best years may keep coming as new investments will keep attracted toward cryptos as it will get more established.

There is no way we can stop having demand for cryptocurrency. This like someone rightly said will end up being more like a stock market, some market will stay up strong, some will grow in value in the long run and some will obviously disappear.

The thing however is that this would be a real pure space for investment and we will get to see big investors in the long run who would also want to tap from this world and I also see this world to end up being a matured one. This is how I personally foresee cryptocurrency market in the long run.