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Author Topic: EtherDelta is dead, long live the ForkDelta  (Read 1845 times)
Botnake
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May 16, 2020, 11:56:23 PM
 #241

Etherdelta is no longer active on their social media, but Etherdelta is decentralized just like Forkdelta, I can still visit Etherdelta but not to trade, because it's very risky, I just check it out, and of course it's better to use forkdelta because it's still safe

ED and Forkdelta does not have a good volume anymore, I think their time is over, the exchange that I can still see having a volume is IDEX, its decentralized as well but in overall, their volume is not really good since we can only trade ETH tokens while most ETH tokens now have a very low demand since ICO is not anymore popular.

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May 17, 2020, 07:21:25 AM
 #242

Etherdelta is no longer active on their social media, but Etherdelta is decentralized just like Forkdelta, I can still visit Etherdelta but not to trade, because it's very risky, I just check it out, and of course it's better to use forkdelta because it's still safe

ED and Forkdelta does not have a good volume anymore, I think their time is over, the exchange that I can still see having a volume is IDEX, its decentralized as well but in overall, their volume is not really good since we can only trade ETH tokens while most ETH tokens now have a very low demand since ICO is not anymore popular.

Because they already drive out there users that's why we see a less volume on that site and also many DEX has came out now so expect this exchange will die anytime soon so better for those people who still trade at them to get out as soon as possible since that site is not good option to trade their tokens. And expect more to have lower demands since as you said the ICO is dead due to those coming incident happen for those past years.


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May 17, 2020, 08:05:55 AM
 #243

And expect more to have lower demands since as you said the ICO is dead due to those coming incident happen for those past years.


That's right, with no demand on IEO, these decentralized exchange will not progress.
Also, people will not feel secure using a decentralized exchange as the owner has no responsibility on whatever will happen on the exchange.

like this old news about Etherdelta.

Cryptocurrency exchange EtherDelta gets hacked and replaced by a fake site that steals your money

Quote
Popular cryptocurrency exchange EtherDelta got hacked in spectacular fashion Wednesday, with many users unknowingly sending their tokens to the hacker instead of the exchange.

At least 308 ETH ($266,789) were stolen, as well as a large number of tokens potentially worth hundreds of thousands of dollars.

a lot of traders loses that time and that's the reason why ED loss its popularity.


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May 17, 2020, 10:21:37 AM
 #244

for now it seems that indeed more people are using forkdelta. but in my opinion etherdelta and forkdelta belong to the same person/partner because both of them have similarities

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May 17, 2020, 05:49:45 PM
 #245

for now it seems that indeed more people are using forkdelta. but in my opinion etherdelta and forkdelta belong to the same person/partner because both of them have similarities
indeed they are the same, forkdelta is the reincarnation of etherdelta, because etherdelta has many problems in their system, and they make forkdelta to replace etherdelta, trading in forkdelta is still safe and there are no problems

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May 17, 2020, 08:08:15 PM
 #246

And expect more to have lower demands since as you said the ICO is dead due to those coming incident happen for those past years.


That's right, with no demand on IEO, these decentralized exchange will not progress.
Also, people will not feel secure using a decentralized exchange as the owner has no responsibility on whatever will happen on the exchange.

like this old news about Etherdelta.

Cryptocurrency exchange EtherDelta gets hacked and replaced by a fake site that steals your money

Quote
Popular cryptocurrency exchange EtherDelta got hacked in spectacular fashion Wednesday, with many users unknowingly sending their tokens to the hacker instead of the exchange.

At least 308 ETH ($266,789) were stolen, as well as a large number of tokens potentially worth hundreds of thousands of dollars.

a lot of traders loses that time and that's the reason why ED loss its popularity.

Etherdelta is no longer popular because of the many problems that have occurred to its users, so the decentralization exchange is now less interested and may not be used anymore.

Many cases that occurred against Etherdelta about the hack made the user furious when in the past the first DEX exchange I knew was Etherdelta.

R


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May 17, 2020, 08:33:33 PM
 #247

And expect more to have lower demands since as you said the ICO is dead due to those coming incident happen for those past years.


That's right, with no demand on IEO, these decentralized exchange will not progress.
Also, people will not feel secure using a decentralized exchange as the owner has no responsibility on whatever will happen on the exchange.

like this old news about Etherdelta.

Cryptocurrency exchange EtherDelta gets hacked and replaced by a fake site that steals your money

Quote
Popular cryptocurrency exchange EtherDelta got hacked in spectacular fashion Wednesday, with many users unknowingly sending their tokens to the hacker instead of the exchange.

At least 308 ETH ($266,789) were stolen, as well as a large number of tokens potentially worth hundreds of thousands of dollars.

a lot of traders loses that time and that's the reason why ED loss its popularity.
Its a redirect issue which do really leads up users to a fake site and inputting all of their keys and after that incident then no one can easily trust up even if to those so-called decentralized exchanges.

I remember those days where ED was still flying with colors when the market had flooded with so much erc20 token based where it is commonly traded up into these exchanges and after such
days of popularity specially into those projects then expected that the volume is spectacular until all hype had gone and dex'es was dragged on along the way.- Not all but we have
seen significant impact in terms of volume/liquidity.

R


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May 18, 2020, 03:45:02 AM
 #248

Etherdelta had a lots of problems in their system like "had to use high gas, couldn't cancle orders, orders were showing after cancellation".  So forkdelta is created to solve those problems instead of etherdelta.there is no chance to come back etherdelta
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May 18, 2020, 06:25:56 AM
 #249

Etherdelta had a lots of problems in their system like "had to use high gas, couldn't cancle orders, orders were showing after cancellation".  So forkdelta is created to solve those problems instead of etherdelta.there is no chance to come back etherdelta
This crap exchange site must have deatch. I have lost a lot caused by i have not yet received my swpa coin. You can't put anything on this exchange site or use the feature. this exchange site already dead and the only dex that is still operating was FD but there was also another dex that similar as ED and FD like switch.ag
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May 19, 2020, 04:49:50 AM
 #250

And expect more to have lower demands since as you said the ICO is dead due to those coming incident happen for those past years.


That's right, with no demand on IEO, these decentralized exchange will not progress.
Also, people will not feel secure using a decentralized exchange as the owner has no responsibility on whatever will happen on the exchange.

like this old news about Etherdelta.

Cryptocurrency exchange EtherDelta gets hacked and replaced by a fake site that steals your money

Quote
Popular cryptocurrency exchange EtherDelta got hacked in spectacular fashion Wednesday, with many users unknowingly sending their tokens to the hacker instead of the exchange.

At least 308 ETH ($266,789) were stolen, as well as a large number of tokens potentially worth hundreds of thousands of dollars.

a lot of traders loses that time and that's the reason why ED loss its popularity.
Its a redirect issue which do really leads up users to a fake site and inputting all of their keys and after that incident then no one can easily trust up even if to those so-called decentralized exchanges.

I remember those days where ED was still flying with colors when the market had flooded with so much erc20 token based where it is commonly traded up into these exchanges and after such
days of popularity specially into those projects then expected that the volume is spectacular until all hype had gone and dex'es was dragged on along the way.- Not all but we have
seen significant impact in terms of volume/liquidity.

Though this is not the fault of EtherDelta but people blame the site for it, that time this exchange was really popular as it was the first DEX I guess and it grown due to the success of the ICO, I can still remember that I bought cheap bounty rewards in the past in ED that pump during the bull run, and that was EDG iirc.


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May 19, 2020, 05:49:17 AM
 #251

Volume was my biggest issue with those sites when I used to use them but that has changed. There are too many exchanges that have come out since the inception of said exchanges, and that resulted in them losing business to competitors.

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May 19, 2020, 07:02:58 AM
 #252

Volume was my biggest issue with those sites when I used to use them but that has changed. There are too many exchanges that have come out since the inception of said exchanges, and that resulted in them losing business to competitors.

Volume and the prices on ether and fork delta are low, and because of that many don't go there. I sold some tokens there, and that wasn't a good move. I thought I will not be able to sell them and I did that there for some very low price after that token got listed on another exchange at a higher price.



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May 19, 2020, 07:09:52 AM
 #253

EtherDelta is an exchange of the past and has become a memory for traders. because now there are many trades that far have the qualities of Etherelta. and the project owners entrust their coins to be traded in the new trade rather than EtherDelta

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May 19, 2020, 08:49:00 AM
 #254

EtherDelta is an exchange of the past and has become a memory for traders. because now there are many trades that far have the qualities of Etherelta. and the project owners entrust their coins to be traded in the new trade rather than EtherDelta
Of course, I will always remember Etherdelta and even if the hack did not happen in the past, Etherdelta will still struggle at the moment.
This exchange should sign off now as it seems like the popularity of DEX is already over.

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May 19, 2020, 03:09:30 PM
 #255

Etherdelta was and is still a great exchange in my opinion . The fact they are descentralized they are way better than the centralised one . I think they will come back in a short period of time

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May 19, 2020, 03:33:35 PM
 #256

Etherdelta was good back in the days but shit happens, it's sex so nothing to lose here, things can change in time for sure, I'm even surprised that forkdelta can get to this stage, good volume IMO, anyways Etherdelta is DEX, that's what makes it good

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May 19, 2020, 08:50:08 PM
 #257

Etherdelta had a lots of problems in their system like "had to use high gas, couldn't cancle orders, orders were showing after cancellation".  So forkdelta is created to solve those problems instead of etherdelta.there is no chance to come back etherdelta
This crap exchange site must have deatch. I have lost a lot caused by i have not yet received my swpa coin. You can't put anything on this exchange site or use the feature. this exchange site already dead and the only dex that is still operating was FD but there was also another dex that similar as ED and FD like switch.ag

FD is just a birth child of etherdelta born of necessity. After the hack it was necessary to fork. The interface looks pretty the same for me except for a tight security architecture. Its the same for me

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May 21, 2020, 07:01:01 AM
 #258

EtherDelta is an exchange of the past and has become a memory for traders. because now there are many trades that far have the qualities of Etherelta. and the project owners entrust their coins to be traded in the new trade rather than EtherDelta
At least if this is still alive even no one use this exchange site again. It can't be used to trade crypto right now and the site looks like has already frozen by the developer because it's strictly prohibited the user to do any activity and the majority of ether delta users have been moving to the idex or another ethereum dex

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May 21, 2020, 08:05:25 AM
 #259

Etherdelta was and is still a great exchange in my opinion . The fact they are descentralized they are way better than the centralised one . I think they will come back in a short period of time

we hope that etherdelta will be like it used to be because etherdelta is famous for the market that provides a variety of newly launched altcoins, but now many etherdelta users are switching to frokdelta and IDEX

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May 25, 2020, 08:39:43 AM
 #260

Etherdelta are struggling with issues from two weeks and aren't reacting at all.
Today Coinmarketcap.com changes EtherDelta with ForkDelta in their Market list tab. This will cost EtherDelta most of the remaining traffic.

When i was newbie, i use Etherdelta for treading. It was good but i found their hosting quality & security, at a low level. Besides it's risky when you have to give them your private key, before start trading.

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What do you think? Is ED dead now or they will recover eventually?

they developed their Forkdelta exchange, this is because they could replaced it with Etherdelt

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