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Author Topic: The future of cryptocurrency exchanges  (Read 628 times)
vintages
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February 28, 2019, 08:23:23 PM
 #61

Recently we did have too many ICOs coming up with their own exchanges. I did particiapte in few of those ICOs. But what happened at last. They were legit enough paying out their tokens. But no use. The tokens are lying in their exchanges with zero trading volume.  Really, at least an extend, the tokens received should be in a positions

It still the same problem we are facing, and this trend of ICOs developing exchanges is what contributed to the too many exchanges with low trades that we are having. Some of then even get dumped.
For an exchange to stand the test of time, it needs to be outstanding and different from all the traditional exchange we have now.
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February 28, 2019, 08:44:46 PM
 #62

Recently we did have too many ICOs coming up with their own exchanges. I did particiapte in few of those ICOs. But what happened at last. They were legit enough paying out their tokens. But no use. The tokens are lying in their exchanges with zero trading volume.  Really, at least an extend, the tokens received should be in a positions

It still the same problem we are facing, and this trend of ICOs developing exchanges is what contributed to the too many exchanges with low trades that we are having. Some of then even get dumped.
For an exchange to stand the test of time, it needs to be outstanding and different from all the traditional exchange we have now.
It looks like have a familiar situation here, I think they are stuck now on having priced in their exchange listing coin/token because they started their project last year which is the price is higher than compared now. We could not blame them if they are having to delay their project and their exchange but sometimes it is annoying with us while waiting the right time.

More exchanges + more competitors = good service.

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February 28, 2019, 09:07:13 PM
 #63

<...>
More exchanges + more competitors = good service.

Definitely right, recently there is an exchange hacked by unknown people or just an inside job by their own staff. Through this scenario probably their clients will jump in on other exchanges, so, it's better to have more exchanges and we can choose which reputable and have a good service. I think traders nowadays always used trusted exchange site not an exit scam exchange site.
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February 28, 2019, 09:58:26 PM
 #64

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange

.
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March 01, 2019, 06:33:12 AM
 #65

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
But running an exchange also costs money. The employees, server, domain hosting, legal services (accounting). And many ICO exchanges made projections of income based on much higher trading volumes than the current one. Hopefully they will somehow survive these times of lower volumes and if they do, this will pay off during the next bull run when volume will be higher than ever before.

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March 02, 2019, 10:12:39 PM
 #66

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
But running an exchange also costs money. The employees, server, domain hosting, legal services (accounting). And many ICO exchanges made projections of income based on much higher trading volumes than the current one. Hopefully they will somehow survive these times of lower volumes and if they do, this will pay off during the next bull run when volume will be higher than ever before.
They are right, but they must increase the tools in the exchanges, that is, those that do not have a margin trade, they must implement it, there are many publications in the networks where recently there are many exchanges that are starting to come out, means that competition has increased, for therefore, both operability and quality should improve. Today, Binance is being harshly criticized for introducing the ICO currency, many traders think that the level of trade for this inclusion is decreasing.

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March 03, 2019, 12:26:56 AM
 #67

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
Many exchanges existed today and that is simply because were are growing, people have their options which exchanges will satisfied them in trading. Yes, it is very important to choose the right exchange and most reputable one, and also to consider its volume cause.
Market today seems to be in strong competition and only good exchanges will survive. And most probably there are more exchanges to come in the coming days. 
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March 03, 2019, 02:08:24 PM
 #68

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
Many exchanges existed today and that is simply because were are growing, people have their options which exchanges will satisfied them in trading. Yes, it is very important to choose the right exchange and most reputable one, and also to consider its volume cause.
Market today seems to be in strong competition and only good exchanges will survive. And most probably there are more exchanges to come in the coming days. 

Probably true, but these new exchanges will have to adopt with current demand rapidly fast. If they consider something else or try to wait I believe that they will lose even if they have some percentage of users trading to that exchange. We are growing this is true, but exchanges started to raise fees and this is not good for many what withdraw small amount.
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March 03, 2019, 09:59:53 PM
 #69

I think of course, things will be all right, but if this fluctuation is reduced, it will be more positive for the market. Which stock markets will close, or new  exchanges will open? I do not know. Until last year, I didn't want the states involved. but now my thought is that regulation are essential.
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March 04, 2019, 05:26:15 AM
 #70

There are many exchange platforms that offer the same features. But I haven't seen anything unique, from the new platform exchanger, the average exchanger is only different fees in transactions and withdrawals
.
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March 04, 2019, 05:51:26 AM
 #71

In these videos you can see how the Biforex bot manipulates the prices of tokens listed on the exchange by dropping the prices of these tokens.

https://medium.com/@sallyalexon/bitforex-the-biggest-wash-trading-exchange-in-the-world-8245e9ca910a
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March 04, 2019, 06:06:16 PM
 #72

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
But running an exchange also costs money. The employees, server, domain hosting, legal services (accounting). And many ICO exchanges made projections of income based on much higher trading volumes than the current one. Hopefully they will somehow survive these times of lower volumes and if they do, this will pay off during the next bull run when volume will be higher than ever before.
I noticed that during the bullish trend, most altcoins and tokens fall in price on the contrary, as traders try to buy bitcoin or ETH. There are a few exceptions,but the General trend is this.
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March 05, 2019, 12:13:43 AM
 #73

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
But running an exchange also costs money. The employees, server, domain hosting, legal services (accounting). And many ICO exchanges made projections of income based on much higher trading volumes than the current one. Hopefully they will somehow survive these times of lower volumes and if they do, this will pay off during the next bull run when volume will be higher than ever before.
I noticed that during the bullish trend, most altcoins and tokens fall in price on the contrary, as traders try to buy bitcoin or ETH. There are a few exceptions,but the General trend is this.
That will always be the trend, since all altcoin depend on bitcoin, the altcoins have no life of their own, which is why they will always be at the mercy of what happens in the bitcoin market.

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Hamphser
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March 05, 2019, 02:05:05 AM
 #74

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
But running an exchange also costs money. The employees, server, domain hosting, legal services (accounting). And many ICO exchanges made projections of income based on much higher trading volumes than the current one. Hopefully they will somehow survive these times of lower volumes and if they do, this will pay off during the next bull run when volume will be higher than ever before.
I noticed that during the bullish trend, most altcoins and tokens fall in price on the contrary, as traders try to buy bitcoin or ETH. There are a few exceptions,but the General trend is this.
That will always be the trend, since all altcoin depend on bitcoin, the altcoins have no life of their own, which is why they will always be at the mercy of what happens in the bitcoin market.
Not to disrupt on your belief but it isn't always the case. Altcoin market can stand on their own but we can really deny the fact that btc market do always have the decision on where the market
trend will go.If it do drops then the entire market drops too which is normal yet btc do have the biggest percentage when it comes to dominance.

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cryptopaula88
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March 07, 2019, 02:56:09 AM
 #75

4)Your thought?

well, let's look at the current state of the exchanges:

- Few exchanges have physical office and phone numbers, so if they froze your bitcoin, you can only have the patience and wait days, weeks and months for the support to respond and help you

- Has poor support

- They are targets of hackers

Imagine if  appear exchanges that are better?

Can you recommend some good exchanges?
Whosdaddy
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March 07, 2019, 03:49:00 PM
 #76

I noticed that during the bullish trend, most altcoins and tokens fall in price on the contrary, as traders try to buy bitcoin or ETH. There are a few exceptions,but the General trend is this.
That will always be the trend, since all altcoin depend on bitcoin, the altcoins have no life of their own, which is why they will always be at the mercy of what happens in the bitcoin market.
Bitcoins can be treated as a mother coin and mostly each of the altcoin depends on bitcoins because we can see on each exchange that any of the altcoin is been paired up with bitcoins which later makes peoples think about bitcoins before buying/selling any of the altcoin.

Future of such altcoins also depends on bitcoins as they would only pump up if ever bitcoins were been pumped. As soon as the price for bitcoins is dumped, most of the peoples sell their altcoins to bitcoin.
futile-resistance
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March 07, 2019, 06:15:31 PM
 #77

We did have too many ICOs with exchange as they project. Many were able to reach the hardcap. Many have come up with features and products which would bring in more crowd into their exchange. The offers they provided is really amazing. Even if you dont trade in the exchange, you will earn on just keeping their coins in the wallets. So the future depends on the exchange
But running an exchange also costs money. The employees, server, domain hosting, legal services (accounting). And many ICO exchanges made projections of income based on much higher trading volumes than the current one. Hopefully they will somehow survive these times of lower volumes and if they do, this will pay off during the next bull run when volume will be higher than ever before.
I noticed that during the bullish trend, most altcoins and tokens fall in price on the contrary, as traders try to buy bitcoin or ETH. There are a few exceptions,but the General trend is this.
As soon as the price for bitcoins and etherum is going down, peoples including the big whales start buying bitcoins/etherum and remove their money out from the altcoins. Which makes the altcoins go downer but major coins keeps on going upwards. In situation when bull markets arrive, peoples will again start dumping altcoins and fearing this remaining peoples get their money out from the altcoins.
slocker
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March 08, 2019, 05:52:53 PM
 #78

As long as there are coin that are not listed on some exchanges new will come out. Current exchanges may be enough but there are coin more like ICO that will demand that something new comes out. How the future will be we can only speculate.
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