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letecia012
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August 07, 2018, 02:39:17 PM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
though there are lot of exchanges coming from now where I'm not confident to do trading with them even they are claiming low charge fee and high security i'm just only doing trading to exchanges where i think already proven secured and have good reputation such as kucoin, binance, coinbase and hitbtc |
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loragean03
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August 07, 2018, 02:44:59 PM |
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exchange sites competitions can make your coins/tokens price higher, but the worst is, some of them are let says not trusted to use or has a low reputation to have our trust. although some of them has a better offers to use the sites. we are prone on hacking if we do a lot of trade in separated exchange sites.
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acheampong64
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August 25, 2018, 09:24:36 PM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
in my opinion I think it is not bad for more exchanges to exist. The cryptospace is now growing and expanding and we need to get secured for the incoming future expansion. So if many exchanges come into existence to serve the community it would be good (but of course i mean the good exchanges not just any exchange). The situation that happened to Binance last year showed we weren't prepared for a huge trooping of masses. |
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Dmitry.Vastov
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August 27, 2018, 04:14:50 PM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
In my point of view new exchanges will open more gateway for its users as we all know that all the forms of crypto currencies are becoming very vast and are making their reputated place in the economic market so the demand of new exchanges are also increasing as more and more crypto transactions are taking place and according to me , the opening of new exchanges will inflate the valuation of bitcoin and this is even beneficial to those countries also where bitcoin and other crypto currencies are banned. |
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muhammedb
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August 27, 2018, 06:34:09 PM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
I think the lunching of many exchange platform as no effect in market price rather it boasting market price if assume with the latest increased in different ICO with different coin today only one or today exchange are i guess it won't be really easily to manager, because even with many exchange around us some time speed of does exchange are not encouraging, so the fate is lunching new exchanges will really benefit the day to day cryptocurency trader and also reduce bug encounter during trading or platform registration. |
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mojo2208
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August 27, 2018, 08:52:12 PM |
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I believe that the emergence of new exchanges (honest) is a big plus for the crypto industry. This is a popular crypto currency. That's cool  |
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coinnumber
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August 28, 2018, 11:37:06 PM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
I think its ok because every day people gets to join the crypto world to trade and invest in other to make profits, this exchanges helps to reduce network traffic. Shave you see when a new coin is been listed on one exchange you send your coins for two or more days you did not see it in your wallet?'' thats what many exchanges helps to avoid so there will be room to make choice on were you can trade perfectly. |
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D C
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August 28, 2018, 11:45:22 PM |
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When NEX comes out it is game over !
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gidaahmad
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August 28, 2018, 11:54:52 PM |
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Many new Exchanger appeared. This has become a natural thing. Because in my opinion, having an Exchanger will be very profitable. We can still profit even if we don't have cryptocurrency.
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The_Dark_Knight
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August 29, 2018, 02:08:25 AM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
I do not see what you see wrong about having many exchanges? The point of cryptocurrencies is decentralization, if we have many exchanges then we have less points of failure, and basically once that decentralized exchanges become the most popular form of exchanging our cryptocurrencies then the only weakness in the system will be when we exchange our cryptocurrencies for fiat. |
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bajingluncat
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August 29, 2018, 02:17:44 AM |
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can it be identified with progress? many platforms are good, the market will be more crowded because there are many choices, the price depends on the coin itself, each coin must have its own strength, competition may exist, it will show which coin is the best then the coin can survive, like btc until currently able to survive and still be the first, that's interesting, if a lot of platforms appear you don't have to panic I think that won't hurt or have a bad impact on an existing coin
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Xetonica
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August 29, 2018, 03:10:42 AM |
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Maybe more exchanges are coming for me it was ok atleast they are trusted and prices of the coins are worth it.
Actually they have many exchanges but too hard to use it.
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gabbie2010
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August 29, 2018, 03:44:43 AM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
The numbers of Cryptos users eg traders, gamblers etc are growing rapidly and definitely this calls for more and new exchanges to accommodate the new users however credibility and reputation of the new exchanges whose securities features must be state of art and established under a law in that country to avoid scam. |
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BlackOpsLine54
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August 29, 2018, 06:33:00 AM |
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It is good news that there are a lot of exchangers are coming it means our comfort level are also increasing but the major fact in trust and work quality.
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bitfocus
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August 29, 2018, 08:23:38 AM |
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More and more Exchanges will help crypto to be reachable to mass people, so, new exchanges are okay unless those try to scam.
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NavigateSamurai055
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September 01, 2018, 11:58:51 AM |
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It is a good news because the more exchangers will the more people will frequently deal with bitcoin and also it will make our work very easy.
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Hexbreaker
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September 18, 2018, 01:23:39 AM |
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I think it's perfectly fine. For new altcoins I would go for smaller exchanges due to the less transaction fees but some might have very low volume which might prove to be a difficulty. More exchanges mean more people will be able to use and exchange bitcoin.
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jamids
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September 18, 2018, 01:28:36 AM |
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I think it's perfectly fine. For new altcoins I would go for smaller exchanges due to the less transaction fees but some might have very low volume which might prove to be a difficulty. More exchanges mean more people will be able to use and exchange bitcoin.
Those new altcoins tend to go to small exchanges first because most likely to be listed in those exchanges, you need community votes or just a small fee compared to those big volume exchanges. When the team has just raise enough money and not reach hardcap then they would be having a hard time being listed in those kind of exchanges. I hope the new exchanges would study the shortcomings of the existing exchanges so that they would be able to attract more users if those issues are addressed. |
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polyballz
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September 18, 2018, 01:41:51 AM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
New exchanges usually do not have a large daily volume and that is not good. It's better to have fewer exchanges because crypto flows will be more predictable. However, the good side of this is the possibility of exchanges being hacked less and being careful with new exchanges because they can make a scam when their wallet is full of their users' money. |
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Strufmbae
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HIRE ME FOR SMALL TASK
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September 18, 2018, 01:47:28 AM |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
I think you should have list atleast five exchanhes that you say are coming as new crypto exchanges? Does exchange site affect price? Then how come? And foremost why going to jumo into a new crypto exchange if we already have secure and legit and good functioning crypto exchanhe like, bittrex, binance, bitfinex? |
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