MinerHQ
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March 12, 2018, 06:21:11 AM |
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as long as the traders are coming in there is no reason for them to take down. and of course the trust of the traders/investors is very impotant
Exchanges are closing not because of they don't have traders but either due to they got hacked or due to government regulation they can't meet the requirement to continue exchanges so they will end up closing the exchanges. I too think that Bittrex may survive for long but can't say with full guaranty.
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CryptoBry
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March 12, 2018, 06:22:57 AM |
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For some reason, I have my faith on Bittrex. But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon. An exchange is a hell of a thing.
Bittrex is a very stable exchange as compared to others doing business int he same cryptocurrency market. However, since Bittrex is based in USA we don't know what kind of regulations that USA might pass years from now. The thing is that anything can be risky here in cryptocurrency though others can be riskier. As of now, other exchanges are doing good volume in comparison to those US-based exchanges and this can be trend for the next many months.
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Faruque312
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March 12, 2018, 06:23:16 AM |
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hope bittrex , poloniex, hitbtc will survive, others exchange can survive but most of exchange are not like this exchanges, thats why they close.
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Herbert2020
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March 12, 2018, 06:27:26 AM |
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For some reason, I have my faith on Bittrex.
no offense but that means you are a fool! Bittrex is one of the biggest scammers of our time among exchanges out there. and they have a lot of financial problems, that is why they scammed thousands of users out of their money. they lured them in from all around the world and when these users had enough money in their accounts in total they decided to close all their accounts from certain countries to solve their financial problems. they made millions by simply scamming these people. it is only a matter of time before they do what Mt Gox, Cryptsy and a dozen other did.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Wind_FURY
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March 12, 2018, 06:33:15 AM |
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If we are talking about the current exchange that's been very active today, I must say that Binance and Bittrex have the greater chance of surviving through the coming years. Bittrex has been delisting numerous coins that cannot meet their requirements as they are apparently adhering to US laws. With that, Bittrex would likely to survive when new laws will be passed down to regulate exchanges. As for Binance, well, I don't have anything to say about them but I have a hunch that they will make it through. You might be wrong about Bittrex. I believe Poloniex has a better chance to survive. Circle bought it and they are now approaching the SEC and might be in talks on how to move the exchange forward in a regulated environment. Unless Bittrex delists all ICO tokens and POS coins, they are still at risk of being ordered to shut down. As for my own desire, I would want to have exchanges that are mostly composed of decentralized ones. This is the main goal of cryptocurrency and we should live up to it. I'm pretty sure that it will come sooner as we are having different exchanges sprouting out every day with decentralized included in their tagline.
Decentralized trading? Use BISQ. https://bisq.network/
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frowsiter
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March 12, 2018, 06:37:27 AM |
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For some reason, I have my faith on Bittrex. But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon. An exchange is a hell of a thing.
There is only one reason for the exchangers to close down and thats regulations taking them down. Otherwise most of the exchangers are blessed with huge amount of money driving through them everyday. The coins and tokens get listed very fast so that they can be visible to people or investors and this way exchangers get their publicity done in indirect ways. I think exchangers are most secured business in terms of profitability and thus they have very less chances of shutting down immediately. However if there are any exchangers which are having almost no volume everyday then they can get closed down.
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Kingofbitcoin12345
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March 12, 2018, 06:45:58 AM |
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I highly doubt any other exchanges will survive other than Binance.. I have faith on it at 99% most of the time,, even after a much talked hacking attempts and FUDs,, they’ve managed to successfully counter such with fast team audits and found the source in a short period of time..
We can’t be a 100% sure of anything,, but keep your attitude as a base on measures toward trading.. Be safe always..
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bering
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March 12, 2018, 06:56:40 AM |
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the competition between exchange to other exchange indeed very tight and i saw there was exchange closed their service because lack of costumers but some of them could survive because have high volume support for everyday and if you were talking about bittrex i'm pretty sure this exchange will survive at least for next several years
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qiwoman2
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March 12, 2018, 07:08:20 AM |
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I think most exchanges that focus on security and compliance and also move with the times, will be the ones that will survive. I have faith that many decent exchanges can survive and grow as the demand grows for cryptocurrency trading. If though the demand wanes for some reason, then if many exchanges are not in profit, they will eventually close as that can only be their inevitability. Let's hope more people become interested in Bitcoin and Altcoins in the future.
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whirlcoin
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March 12, 2018, 07:12:06 AM |
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The exchanges which can give good support to the users will last long and the other will disappear in the future but most of the exchanges have very poor support to the traders if there is any issue it is hard to get solution for it so we need new decentralized exchanges.
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liuqi
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March 12, 2018, 11:27:19 AM |
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For some reason, I have my faith on Bittrex. But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon. An exchange is a hell of a thing.
The most of the exchanging sites are closed in future because future crypto platform is user friendly so some changes is possible and current trading sites are not convenient for everyone only few sites are easily accessible in all the people. I think Bittrex, poloniex and Binance are survive in future and other sites are little complicated.
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hitrawal91
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March 12, 2018, 11:31:57 AM |
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For some reason, I have my faith on Bittrex. But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon. An exchange is a hell of a thing.
Nowadays there are very complex with the exchanges as there are tons of Coins and ICO are been released day by day.Major exchanges like Bittrex and Binance have stopped adding New coins to their exchange and they have started delisting many coins from their exchanges as they are no use to be listed over there. In coming months only exchanges like Binance, Bittrex, Zebpay are going to be working and all other decentralized ones are going to dies sooner.
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loraalbert
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March 12, 2018, 11:40:11 AM |
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Bittrex is doing too well on their job, trust and longstanding reputation after binance, I still doubt about it. Everything becomes more important with bittrex. Perhaps binance has created a series of lessons for so many traders because trust can lose many things from them.
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squatz1
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March 12, 2018, 11:43:11 AM |
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The ones with the best support, best professionalism, etc. This is, of course, going to be Binance -- they've really led the charge when it comes to being the best exchange and the fastest growing exchange in crypto. I wish them the best in their quest.
I see a lot of people here think that p2p / decentralized exchanges are going to win out, I personally can't see people getting involved with them, but that's just me. I guess we'll see what the future holds.
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posi
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March 12, 2018, 12:19:13 PM |
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For some reason, I have my faith on Bittrex. But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon. An exchange is a hell of a thing.
Some crypto currency will shut down theirvservices and I believe most of the exchanges will be Japanese exchange due to the current things happening there. Mind you, some exchange are already banned there and I don't think binance and bitfinex will survive.
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pawanjain
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March 12, 2018, 03:26:06 PM |
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For some reason, I have my faith on Bittrex. But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon. An exchange is a hell of a thing.
I believe Bittrex will hold it very well until a very long time.While there have been many issues regarding trading,balances,deposit and withdrawals, Bittrex has never betrayed anyone I can remember of till date. It has been running smooth from the beginning of its launch. Apart from Bittrex, Binance is the one which I think will make it huge in the future. I have read much about and have been following it online for many months. It has a good team behind it which is all it takes for any exchange to survive till the end.
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BettingTips
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March 12, 2018, 03:28:41 PM |
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Why you think exchange will be closed soon? How if there are no place for ICO investors to sell token they bought from ICO projects? I think it'll be terrible. If there are any exchange can be closed I think it must be small exchange like COSS but Bittrex, Binance, Bitfinex,...I don't think these great exchange will be closed in the future ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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jeraldskie11
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March 12, 2018, 03:33:19 PM |
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We all know, if we put a currency in an online wallets or exchanges is a risk because they can control or manipulate someones fund if they want. But because they want to earn money for a long time they didn't want to do it. The best exchanges for me is bittrex and binance for now.
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BrewMaster
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March 12, 2018, 04:27:53 PM |
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i strongly believe that in a couple of years we will see two different but both huge types of exchanges. one of them will be the centralized exchanges but only regulated ones with strict rules and they will be under regulation and control of the government. so they will become big because of the higher security and nearly zero chance of them scamming. the other one will be decentralized exchanges which will become huge because they are decentralized and nobody can ever control them and also there is near zero chance of anybody scamming you!
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There is a FOMO brewing...
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