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Author Topic: centralized-vs-decentralized-exchange  (Read 238 times)
gina1980 (OP)
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November 19, 2020, 06:42:49 PM
 #21

please read the second blog also , prediction of bitcoin in  2020 ... you will know better


Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .
 
https://blog.coinbaazar.com/bitcoin-prediction-2020/


https://www.coinbaazar.com
onecall123
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November 20, 2020, 03:46:44 AM
 #22

I guess all most everyone uses a centralized exchange for ease of use, some decent decentralized exchanges out there but it's not at all user friendly. Things like uniswap is decentralized and change the game however I still comfortable with like binance, coinbase, kucoin etc.

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Yogee
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November 20, 2020, 04:07:51 AM
 #23

.....
moreover , we are not here to debate on what coinbaazar and bisq are ,  its a blog about centralized exchange vs decentralized exchange , its not only for pros , but also for beginners as mentioned by someone earlier ,,,,you need to get the intent of this blog , which is sharing knowledge
stompix must have put you on ignore already since he hasn't responded to this. It seems you are not getting his main point. He's trying to correct you that the examples you gave as "DEX" aren't actually as decentralized as you think since they rely on centralized servers - they are Peer-to-Peer. As you know, any platform running on centralized servers are hackable. Exchanges that don't rely on them like Bisq are really decentralized AFAIK

You said the intention is sharing knowledge but sharing wrong information isn't going to be helpful to beginners also. Refusing to accept that it's inaccurate is even more dangerous.

please read the second blog also , prediction of bitcoin in  2020 ... you will know better


Bloomberg analyst shares why the bitcoin price will double to 20000$ this year in 2020. According to Mike Mcglone senior commodities analyst at Bloomberg, bitcoin is going to hit 20000 Dollars by the end of 2020. READ THE COMPLETE BLOG AND SHARE YOUR OPINION ....WHAT U THINK ...PLEASE READ THE COMPLETE BLOG TO KNOW ON WHAT BASIS THIS PREDICTION IS DONE .
 
https://blog.coinbaazar.com/bitcoin-prediction-2020/


https://www.coinbaazar.com
So what is this now? From DEX vs. CEX to BTC prediction?

R


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Beparanf
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November 20, 2020, 04:15:20 AM
 #24

I guess all most everyone uses a centralized exchange for ease of use, some decent decentralized exchanges out there but it's not at all user friendly. Things like uniswap is decentralized and change the game however I still comfortable with like binance, coinbase, kucoin etc.

We have no choice on using centralized especially if you are in country with a strict regulation for cryptocurrency. Decentralized exchange seems not gonna make it in the future since they will still need to comply on government once there business become stable. Government will never let this decentralized exchange operate without paying tax and DEX are the getaway exchange for money launderer.

There is no sense for a debate on this topic since we all know that DEX will not gonna co-exist with the government unless they comply to regulation requirements which is KYC.

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gina1980 (OP)
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December 08, 2020, 05:22:51 AM
 #25

I guess all most everyone uses a centralized exchange for ease of use, some decent decentralized exchanges out there but it's not at all user friendly. Things like uniswap is decentralized and change the game however I still comfortable with like binance, coinbase, kucoin etc.

We have no choice on using centralized especially if you are in country with a strict regulation for cryptocurrency. Decentralized exchange seems not gonna make it in the future since they will still need to comply on government once there business become stable. Government will never let this decentralized exchange operate without paying tax and DEX are the getaway exchange for money launderer.

There is no sense for a debate on this topic since we all know that DEX will not gonna co-exist with the government unless they comply to regulation requirements which is KYC.

Yes could be
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December 08, 2020, 12:10:21 PM
Last edit: December 09, 2020, 01:22:03 AM by stompix
 #26

stompix must have put you on ignore already since he hasn't responded to this. It seems you are not getting his main point. He's trying to correct you that the examples you gave as "DEX" aren't actually as decentralized as you think since they rely on centralized servers - they are Peer-to-Peer.

I really need a notification setting also, just now as I was growing older topics I saw you mentioned my name, well two weeks late but here you go:
No, I didn't put the OP on ignore and I don't usually do so, with one a few individuals, my list is tiny, in this case, I simply gave up, there is no point trying, the user here has only one goal, promoting his exchange and he is not here for a debate, he is here to tell us stuff!
Quote
we are not here to debate on what coinbaazar and bisq are,  its a blog about centralized exchange vs decentralized exchange

So, since DEX sounds great, then his exchange is a DEX, and he keeps on promoting it with no debating.

So what is this now? From DEX vs. CEX to BTC prediction?

it's called the spam way, it leads nowhere Grin



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as.exchange
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December 08, 2020, 03:17:24 PM
 #27

Unfortunately, most of the DEXs are created by immature people who even don't realize how trading works starting from the order matching mechanisms (yes, there are different ones), to security measures, and ending with how derivatives markets work. Therefore, among the DEXs as of now there aren't any good or reliable ones for now. The sole purpose of those DEXs is just to play on the hype and raise some money, and then play the "oh, we got hacked" scenario with consequent blaming that since it was DEX, users are reliable for own loses. Well, in fact, the so-called "DEXs" are not decentralized at all - as would be realized by anyone with little tech background. Therefore, irrespective of product types (derivatives vs. spot), market types (OTC / (P2P) vs. centralized trading), CEXs win in all aspects.

Btw, there's a good discussion about such things in the nearby thread (not advertising): The future of crypto exchanges

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