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I haven't seen any good news. Now the entire market has no signs of recovery. Institutions are dying of losses, and retail investors are dying of losses. How can there be any news of rising?
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I can also add what makes DEX unique. It's the ability to pay for a transfer and not get the service required. Many people don't want to mess with DEX because the hassle with smart contracts and their calling, which costs money, is sometimes discouraging. CEX is much easier for the average user who doesn't want to deal with all the smart contracts, bridges, blockchains, wallet connections and stuff like that. He just needs to quickly and conveniently exchange one currency for another without any slippage, without any fees for calling up a smart contract and cancelling the exchange due to incorrect or expired quotes.
Fees are a huge problem, especially when people are required to pay each time they perform an action on a DEX. I guess that's why many won't abandon centralized exchanges even though these don't provide self-custody of coins. If developers would've improved the user experience of DEXs, such platforms would've been a big hit by now. Fortunately, there are Layer-Two scaling solutions being built on popular blockchain networks (mainly ETH) to help address the "high fee" issue. I think this may just be the beginning of a long journey for DEXs. As with any new technology, there will be flaws and many other issues. But things will improve as developers continue to put their time and effort into it. Maybe sometime in the future DEXs will become a viable alternative to CEXs? No one can predict what will happen in the long term, so we can only hope for the best. Just my opinion  To be honest, the handling fee is nothing compared to the centralized exchange cheating my money. When you are maliciously liquidated, when the exchange unplugs you, when several exchanges cooperate to short When using Bitcoin, you will feel that this fee is too small. |
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This is undoubtedly a post that will be scolded. I think there must be very accurate credibility to say these things. In addition, BTC in the encrypted world is our consensus. I cannot accept the release of unfounded information about BTC.
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I have no opinion, I think the more the better, so that the best exchanges can be precipitated, which can make our assets safe and prevent us from being manipulated by centralization.
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It is incorrect to blame CZ over this, social media is full of useless and emotional rants without facts behind them, it should be obvious that CZ backed out of his offer to buy FTX at first because he could, as he was not legally bound to buy FTX, but even more importantly he only needed to take a look at their books for a few hours to know there was no way to save the situation.
And he was right, FTX declared bankruptcy just a few days later, which shows he was right about the reading he had about the desperate situation FTX was.
I agree, i started by blaming him, but that was before i knew how bad things were. But i am pretty sure that cz will be extra careful with wording next time he wants to hint that there something shady going on. Reporting these issues to officials rather then with twitter. I mean he could probably get tether in liquidity crunch mode (temporary) with just one tweet as not everything in there are going to be instantly liquid. I think all the results are market behaviors, not personal behaviors. CZ can affect the fermentation of events because he has a strong public consensus, which is enough to affect the sentiment of the market. I think about the whole event again, and I also think it may be in What must happen in a bear market is that every round of bear market will kill several big crocodiles. |
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The market is like this, a battlefield without gunpowder smoke, but as tragic as the real war, the encrypted world is still in the early stage of creation, it needs fuel and sacrifices something in the process of evolution, but the war will never stop.
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There are still very few people who know who bought Bitcoin, but it is undeniable that this is an important event that drives the evolution of cryptocurrencies forward.
At least now some people are starting to think about how to effectively hedge funds.
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Some diseases can't be resisted through nutrition, and you still need to properly consider the doctor's advice. Don't wait for the problem to become serious before finding a way to stop it.
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Reading and traveling. The best idea.
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Perhaps Mr. Nakamoto himself doesn't like being recognized by others, he just wants to live a quiet life.
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Always remember that no pies will fall to the ground.
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I believe in vaccines, and I believe in biotechnology. Don't believe in so much evil. I believe in the kindness of human nature. Vaccines are a vector that helps humans resist the invasion of diseases.
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In a centralized country like China, today's rich may become tomorrow's prisoners. There is no free country. Bitcoin will not have a good future.
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