thesmallgod
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March 13, 2018, 02:31:00 PM |
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it is funny how some bitcointalker think some exchange cannot be hacked. in as much as any platform is designed by a human then it can be hacked so no exchange is not prone to being hacked. binance just have a taste of that recently. back to the subject, I believe no exchange can workout without central authority even though we have had in the past from some exchanges that claim to be decentralized. factors such as security, liquidity and asset control are some of the factors making many platform going centralized even though they pretend to be decentralized
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harizen
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For support ➡️ help.bc.game
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March 13, 2018, 03:52:59 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.
Possibiity yes as always even for the big and reputable one. Let's just minimize the risks whatever it takes. Although we don't like the idea of using a centralized exchange, it's way more less risky as they are listed as legit company by central authorities. They are complying with the same terms and rules applied on any money institutional firm giving quiet an assurance to their users that they are in "good" hands. It's difficult to just did some fraudaulent activity in those regulated exchanges as they will face the consequences bound by the law. Well no way we can trade regularly if we don't used an exchange service so face the risks and hope that there's nothing shit will happened.
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Ashimwe
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March 13, 2018, 04:27:00 PM |
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Most of them will die especially these that target insane fees, high amounts for new coin and ICO listing, currently I can't say which exchange that will die first but I would say fiat to crypto and cryptography to fiat exchanges will last longer than we think
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Borisb52
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March 13, 2018, 04:31:59 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.
Here everything depends on the management of the exchange. If the management is leading the right policy and cares about its customers, then such a stock exchange will work for a very long time. But I hope that soon we will see decentralized exchanges with good tools.
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LSt56
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March 13, 2018, 04:58:31 PM |
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one by one the bursa is having a lot of trouble and and it makes the users of the exchange slowly leave it, but I always believe in bittrex because so far I have never experienced a problem in bittrex.
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danherbias07
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Leading Crypto Sports Betting & Casino Platform
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March 13, 2018, 05:30:51 PM |
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There is a lot more exchange that will come. Look at the ICO's, full of projects to create one exchange that will be better than the older ones. It is a good thing, competition is indeed helpful. But still who will remain? There have been a lot of issues about KYC's and I think that is one hell of a problem when it comes to usage. People leaned on crypto for privacy, then why KYC before withdrawal or if making a higher transaction? Decentralized exchange will still be the factor to stay in the line.
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btcformula
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March 14, 2018, 08:10:26 AM |
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customer service, security, airdrop support , new features all these are great to see by all the trader, so those site can show this can survive for last.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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March 14, 2018, 03:27:39 PM |
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poloniex of course. that's been bought out by circle who have goldman sachs backing, among many others, plus the SEC okayed the sale. https://twitter.com/nathanielpopper/status/968202570719117313/photo/1it doesn't get much more establishment than that. other exchanges will probably have to get into bed in a similar manner with bigger players or shut down. the free for all is gonna be over very soon for anywhere that deals with america at least. Yes, I believe most of these old exchanges will not have any problem anyway and that includes bittrex as well. Poloniex will sure comply with all regulations and policies, since Goldman is kind of involved in a way and we can see even with bittrex, that the regulation is changing the whole atmosphere gradually. The likes of hitbtc and yobit though, I feel their days are numbered. The day of shit exchanges and shit coins dying is just around the corner.
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natsu01
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March 15, 2018, 01:14:45 AM |
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The exchanges that will survive are those exchanges that top ranking exchanges, much volume of bitcoins , and with too much players or traders.
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upsidedown75
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March 15, 2018, 04:10:22 AM |
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Well there are stricter regulations coming up day in and out concerning exchanges but most exchanges will still continue operations and so all they will need to do will be to comply with the regulations being brought up.In any case the decentralized exchanges will eventually become the exchanges of choice very soon.
One thing is that most of the exchanges will end up succumbing to the rules and regulations and adhering to the policies based on where they are situated. For a while now, bittrex has been doing this and from the news SEC policies, it has been removing some coins or tokens that are not properly registered and that is where the whole regulation thingy comes to play, so at the end, they will all end up complying at the end of it all.
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gamalzour
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March 17, 2018, 07:04:02 AM |
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the OLD that till now still running is the best, Bittrex, Poloniex, Yobit, Binance, Bitfinex, i think its the one that will survive, the new exchange that only need our identity just for trading is not worth at all, so much exchange now, that release their own coin
It is not good for us to be thinking. Sure, they have the highest chances of survival and I do not expect them to have any issue anyway until they have an issue but the best thing is to always play safe as long as we cannot know what the future holds rather than assuming an exchange is strong enough not to have an issue. It is a world of several possibilities and we just have to live with that and minimize the risks.
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justspare
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March 17, 2018, 08:15:51 AM |
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Thus far, anything can happen. MT. GOx was the best crypto exchange and the largest. People thought it was legit and it really was... but all it took was one (ok many) insider hacks... and suddenly it went down without allowing too many withdrawals.
I personally think Kraken, Bittrex, and Binance and Coinbase are the safest bets. Poloniex has a lot of FUD, and I'm not really sure if anyone uses it anymore when all the new coins appear on either rex or nance. And Poloniex often has server issues that screws everyone over.
But i really feel like it just takes one really good hack to take down Bittrex and Binance.
Coinbase can get hacked, but it has backing by the federal reserve, so I think it will survive. Kraken seems like a solid exchange too. Kraken was around since Mt. Gox, and has remaind strong without any hacks.
Agreed, even though I have always had my doubt with MtGox in the past as a lot of things just kept flagging up some crazy downsides, I still made use of it anyway. However, the essence with the MtGox thing is that anything can happen to any exchange like you have said, and it is at least becoming a norm for people to understand not to put their funds in an exchange since they do not have any control over it. Exchanges I believe should survive as long as everything ends up going fine with them, but we cannot see the future.
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kaizerblitz
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March 17, 2018, 09:18:13 AM |
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Yeah i agree with that bittrex have a great security and best exchanger of best cryptocurrency. Bittrex also comes great user friendly interface.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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March 17, 2018, 09:25:15 AM |
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Possibiity yes as always even for the big and reputable one. Let's just minimize the risks whatever it takes.
Although we don't like the idea of using a centralized exchange, it's way more less risky as they are listed as legit company by central authorities. They are complying with the same terms and rules applied on any money institutional firm giving quiet an assurance to their users that they are in "good" hands. It's difficult to just did some fraudaulent activity in those regulated exchanges as they will face the consequences bound by the law.
Well no way we can trade regularly if we don't used an exchange service so face the risks and hope that there's nothing shit will happened.
Yeah, I think people still have a long way to go to understand that with exchanges, just like real companies, the risk is always there for hacks and security breaches - especially exchanges in fact, since everything is online and has to be. You're right, we all hate centralized exchanges. I honestly can't wait for DEXs to take charge but we're stuck with the centralized ones for now for the volume and easy of trades. And because they are centralized, we do need regulations, it's for our own good. I'm all for jailing and fining errant exchanges.
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wuvdoll
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March 17, 2018, 10:04:09 AM |
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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!
If the decentralized exchanges end up working out perfectly well, then I can see them booming a lot and the centralized exchanges taking a huge hit for that, but still when it comes to liquidity, the ease to use, I feel the centralized exchanges may still have an edge but who knows. It is the cryptocurrency world and anything can happen, and with the idea of the decentralized exchanges being favorable and booming, we should even expect the government to start getting their hands dirty on eliminating cryptocurrency entirely as that shows more threat.
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tbterryboy
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March 17, 2018, 10:37:09 AM |
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I harboured some hopes of a huge exodus from all these big Polos, Bittrexs, Coinbases to fast, cheap, user-secured decentralised exchanges when I first learnt about them last year. The hype started in 2016 apparently, but after participating in once ICO (yes, I was a newbie too) and trying out trades faithfully on two DEXs for a time (Waves and Counterparty), I think I was way too optimistic.
Meeting plenty of newcomers who still want to choose centralised wallets, centralised exchanges, for the benefit of having someone to talk to and help them out as they learn to use bitcoin/crypto, I'm now thinking that these big exchanges still have a lot of years left in them. In fact, they'll probably continue to grow for as long as we remain in the phase of mainstream adoption.
Survival implies that they're facing extinction, but other than regulatory compliance and hacking risks, I have a feeling the big exchanges still responsible for the majority of volume are here to stay for the foreseeable future.
Asides from the benefit of having someone to talk to, I fell we are not just there yet with DEX. One thing is that newbies will still always find them a little bit hard to use as a result of the complexities which may even make them to lose money in the process unless they are smart enough to quickly get around how to make use of it. I still believe though, that we will get to see a lot of decentralized exchanges coming up and getting better, we are not just there yet.
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TriplexXx
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March 17, 2018, 11:54:11 AM |
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BitFinex, Bittrex, Kraken, Poloniex, and Binance. These are biggest and the strongest exchanges in the world which I don't think any of them will ever go down. Perhaps, KuCoin and HitBTC will join their ranks in the future.
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m1c0
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March 17, 2018, 01:58:02 PM |
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Long existing exchanges like Bittrex, Poloniex and also Coinbase/Kraken will probably exist a little longer. Binance and all the newer ones still have to prove whether they can continue their success in the long run. In the future, however, I see decentralised exchanges coming very strongly, because they are simply much safer.
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Juliedarwin
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March 17, 2018, 02:50:43 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.
For all exchanges are best. I believe from all of them because whenever I trade all of my coins are not different. They are all decentralized for me to use. As long as I can trade to process all of my coins it's all fine for me to choose one and select the best one. All of them are OK and probably all of them will survive.
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Pamadar
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March 17, 2018, 03:46:12 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.
For all exchanges are best. I believe from all of them because whenever I trade all of my coins are not different. They are all decentralized for me to use. As long as I can trade to process all of my coins it's all fine for me to choose one and select the best one. All of them are OK and probably all of them will survive. Not because you are not facing any issue with your trade then you can sum it all, you are just lucky that you not experiencing anything, I think most of those well known exchange will do their best to survive and still competitive among the rest, new exchange will need to improve in terms of securities and help support, giving better service will avoid any threat of attacks and having extra security measures will attract more traders to use their platform.
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