Big money moving in next year, means greater demand for DEX projects?

[Flux0z]

Unfortunately the BTC halving that has happened this year is not as expected by many investors, the price has indeed gone up but
did not reach all time high prices. Even so that does not mean the price of crypto can not return to the price of all time high, I still
have confidence that in 2021 the price can reach an all time high price. So the best step is to hold the crypto that you have, then
about DEX projects not happen huge demand. Because of the fact centralized exchanges are still more desirable than decentralized
exchanges. Many people need cashout in the form of fiat currency, and centralized exchanges provide these features.

True, but it would be overly optimistic to expect a massive green dildo breaking BTC's former ATH right after the halving. Look at the previous 2 halvings, and you'll see that the price actually declined first, and then slowly rose up. Give it some time.

Unfortunately the BTC halving that has happened this year is not as expected by many investors, the price has indeed gone up but
did not reach all time high prices.

Bitcoin is unpredictable so normally majority are wrong with their expectation, but at least we see some good price improvement.

Bitcoin did not reach its ATH in halving, but the good news is while people are expecting the market will dump due to covid-19, the opposite did happen and that is a good news for us. So, maybe we should be thankful and just wait until next year maybe we will see a new ATH.

Even so that does not mean the price of crypto can not return to the price of all time high, I still
have confidence that in 2021 the price can reach an all time high price. So the best step is to hold the crypto that you have, then
about DEX projects not happen huge demand. Because of the fact centralized exchanges are still more desirable than decentralized
exchanges. Many people need cashout in the form of fiat currency, and centralized exchanges provide these features.

Huge demand but still small compared to the centralized market total trading volume.
They have billions of daily trading volume, so probably if DEX can get at least $100 million, that would be considered an improvement but not a success yet.

I believe DEX's will be in huge demand WHEN they become as easy to use as a normal CEX. Blocknet's Litewallet aims to make trading over their DEX as easy as a click of a button, which is very appealing to me.

[Arkann]

One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

[Flux0z]

One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

If you're sitting on millions worth of crypto, you either got extremely lucky, or you're extremely wealthy. If you're sitting on $100k worth, you can easily spend it for everyday uses without exposing yourself. There are groups where you can exchange FIAT => Crypto and vice versa, where you meet up face to face and do the deal. Similar to LocalBitcoins.

Demand for DEX's will explode eventually, no doubt.

[milewilda]

One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

This is why people do really end up on centralized platforms and would really go to the process of KYC to be able to use their services.Are there any options? DEX is good but we know that we cant deal up with fiat
this is why we dont really have any paths left but to deal with dex.I dont know where they do talk about that big money that would flow out specially on Dex.We can already presume out that theres no much demand with
it, for erc20 tokens then yes but for established coins? Most of them are hanging on centralized exchange.Adoption is the key but people do stick out on where the majority go.

[nightflightcourt]

One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

This is why people do really end up on centralized platforms and would really go to the process of KYC to be able to use their services.Are there any options? DEX is good but we know that we cant deal up with fiat
this is why we dont really have any paths left but to deal with dex.I dont know where they do talk about that big money that would flow out specially on Dex.We can already presume out that theres no much demand with
it, for erc20 tokens then yes but for established coins? Most of them are hanging on centralized exchange. Adoption is the key but people do stick out on where the majority go.

Everything to have a seamless non-KYC'd fiat-to-crypto bridge is in place. It's just a matter of making all the steps and components flow more elegantly.

[Flux0z]

One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

This is why people do really end up on centralized platforms and would really go to the process of KYC to be able to use their services.Are there any options? DEX is good but we know that we cant deal up with fiat
this is why we dont really have any paths left but to deal with dex.I dont know where they do talk about that big money that would flow out specially on Dex.We can already presume out that theres no much demand with
it, for erc20 tokens then yes but for established coins? Most of them are hanging on centralized exchange. Adoption is the key but people do stick out on where the majority go.

Everything to have a seamless non-KYC'd fiat-to-crypto bridge is in place. It's just a matter of making all the steps and components flow more elegantly.

True. Most people have no clue how big of an impact DEX's will have moving forward. CZ (Binance) knew this long ago, which is why they launched their own version, which isn't decentralized at all, lol.

[KTChampions]

If you're sitting on millions worth of crypto, you either got extremely lucky, or you're extremely wealthy. If you're sitting on $100k worth, you can easily spend it for everyday uses without exposing yourself. There are groups where you can exchange FIAT => Crypto and vice versa, where you meet up face to face and do the deal. Similar to LocalBitcoins.

Demand for DEX's will explode eventually, no doubt.

Many people try to avoid just this (I marked in bold). This carries great risks and contradicts anonymity.
As for the demand for DEX, it already exists, but there is no fiat. If it was there, then I think this "explosion" would have already taken place.

[Flux0z]

If you're sitting on millions worth of crypto, you either got extremely lucky, or you're extremely wealthy. If you're sitting on $100k worth, you can easily spend it for everyday uses without exposing yourself. There are groups where you can exchange FIAT => Crypto and vice versa, where you meet up face to face and do the deal. Similar to LocalBitcoins.

Demand for DEX's will explode eventually, no doubt.

Many people try to avoid just this (I marked in bold). This carries great risks and contradicts anonymity.
As for the demand for DEX, it already exists, but there is no fiat. If it was there, then I think this "explosion" would have already taken place.

True. In the future we wont NEED FIAT though. Cryptocurrencies is accepted as a means of money MANY places, and the adoption keeps increasing every year.

You are far more private dealing face 2 face, than to transfer money to a centralized exchange like Coinbase, who then reports all your trades to the IRS. 

[KTChampions]

Many people try to avoid just this (I marked in bold). This carries great risks and contradicts anonymity.
As for the demand for DEX, it already exists, but there is no fiat. If it was there, then I think this "explosion" would have already taken place.

True. In the future we wont NEED FIAT though. Cryptocurrencies is accepted as a means of money MANY places, and the adoption keeps increasing every year. [1]

You are far more private dealing face 2 face, than to transfer money to a centralized exchange like Coinbase, who then reports all your trades to the IRS.  [2]

1.) This process is going on, but too slowly. And we need a result now and not "later." Therefore, we have to act in existing realities and choose bad (relatively beautiful future) options.

2.) Both options have their own risks. And both options are good in some ways, and bad in something. I need an option without flaws  Unfortunately, it is too early to hope for his appearance.
In terms of anonymity, Monero is perfect, but in terms of adoption ... like all other cryptocurrencies 

[coronga]

Imagine a group of people doing "something", and the outsiders start to notice and want to join in. Next thing you know the group is now a community, and continues to grow.
The "something" has to be a need for people to want to get involved.

[Flux0z]

Many people try to avoid just this (I marked in bold). This carries great risks and contradicts anonymity.
As for the demand for DEX, it already exists, but there is no fiat. If it was there, then I think this "explosion" would have already taken place.

True. In the future we wont NEED FIAT though. Cryptocurrencies is accepted as a means of money MANY places, and the adoption keeps increasing every year. [1]

You are far more private dealing face 2 face, than to transfer money to a centralized exchange like Coinbase, who then reports all your trades to the IRS.  [2]

1.) This process is going on, but too slowly. And we need a result now and not "later." Therefore, we have to act in existing realities and choose bad (relatively beautiful future) options.

2.) Both options have their own risks. And both options are good in some ways, and bad in something. I need an option without flaws  Unfortunately, it is too early to hope for his appearance.
In terms of anonymity, Monero is perfect, but in terms of adoption ... like all other cryptocurrencies 

Adoption takes time man. It took BTC 10 YEARS to be where it is today. Those who have patience in this market comes up with the biggest ROI, that's my thought process anyway.

The need for truly decentralized DEX's will be HUGE as regulation kicks in. Blocknet predicted this years ago.

[leea-1334]

One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

Yes, one way or other, they will have to move to put into law how they will deal with it,,, most countries already realize this. And eventually, just like gambling or other perceived vice, they will have to be as relaxed as possible. Fighting it only makes it worse to control. Just see what happened in Iran and venezuela as examples.

[Slash61]

Adoption takes time man. It took BTC 10 YEARS to be where it is today. Those who have patience in this market comes up with the biggest ROI, that's my thought process anyway.

The need for truly decentralized DEX's will be HUGE as regulation kicks in. Blocknet predicted this years ago.

do not equate BTC then and now. the conditions were very different at the time, people's views on crypto were different now. Improving the current adoption of good new projects is very easy. many communities can be contacted. I think when developers get serious they can make a big move in the first year or two of the platform being launched.

[Bezobraznike]

Adoption takes time man. It took BTC 10 YEARS to be where it is today. Those who have patience in this market comes up with the biggest ROI, that's my thought process anyway.

The need for truly decentralized DEX's will be HUGE as regulation kicks in. Blocknet predicted this years ago.

do not equate BTC then and now. the conditions were very different at the time, people's views on crypto were different now. Improving the current adoption of good new projects is very easy. many communities can be contacted. I think when developers get serious they can make a big move in the first year or two of the platform being launched.

    I agree with Flux0z, adoption takes time. Conditions are different Slash61, but DEX will have to wait many
more years, beacause attention is on CEX. New people hardly understand crypto-currencies, we can't bother
them with CEX and DEX, they heard for Binance, for other big crypto-exchanges, how traders make money
there, and they will need time to learn about DEX.
   Time for DEX is coming, one day CEX will be behind DEX, but maybe for +10 years, if not a lot longer.

[distr@yopmail.com]

    I agree with Flux0z, adoption takes time. Conditions are different Slash61, but DEX will have to wait many
more years, beacause attention is on CEX. New people hardly understand crypto-currencies, we can't bother
them with CEX and DEX, they heard for Binance, for other big crypto-exchanges, how traders make money
there, and they will need time to learn about DEX.
   Time for DEX is coming, one day CEX will be behind DEX, but maybe for +10 years, if not a lot longer.

the development will indeed require a long time. we cannot measure that time for sure but in the current achievements, DEX is good enough to have a large trader. but as you said, a great time for DEX will occur in the future.

[BTCXRPADA]

    I agree with Flux0z, adoption takes time. Conditions are different Slash61, but DEX will have to wait many
more years, beacause attention is on CEX. New people hardly understand crypto-currencies, we can't bother
them with CEX and DEX, they heard for Binance, for other big crypto-exchanges, how traders make money
there, and they will need time to learn about DEX.
   Time for DEX is coming, one day CEX will be behind DEX, but maybe for +10 years, if not a lot longer.

the development will indeed require a long time. we cannot measure that time for sure but in the current achievements, DEX is good enough to have a large trader. but as you said, a great time for DEX will occur in the future.

As soon as people realize they can make tons of money from running nodes on DEX's such as Blocknet. Good passive money, then I'm sure as volume picks up that we'll see a snowball effect on the use cases of DEX's.

[2020Crypto]

    I agree with Flux0z, adoption takes time. Conditions are different Slash61, but DEX will have to wait many
more years, beacause attention is on CEX. New people hardly understand crypto-currencies, we can't bother
them with CEX and DEX, they heard for Binance, for other big crypto-exchanges, how traders make money
there, and they will need time to learn about DEX.
   Time for DEX is coming, one day CEX will be behind DEX, but maybe for +10 years, if not a lot longer.

the development will indeed require a long time. we cannot measure that time for sure but in the current achievements, DEX is good enough to have a large trader. but as you said, a great time for DEX will occur in the future.

True. I believe accumulating DEX projects is a good idea if you plan on making passive income for life. It's a gamble like everything else, but a good one, as it could pay off for life, basically. 

[Woodie]

Adoption takes time man. It took BTC 10 YEARS to be where it is today. Those who have patience in this market comes up with the biggest ROI, that's my thought process anyway.

The need for truly decentralized DEX's will be HUGE as regulation kicks in. Blocknet predicted this years ago.

do not equate BTC then and now. the conditions were very different at the time, people's views on crypto were different now. Improving the current adoption of good new projects is very easy. many communities can be contacted. I think when developers get serious they can make a big move in the first year or two of the platform being launched.

I agree with you! Projects of today have it easy because people don't see these coins as a medium of payment for illegal stuff like they did with bitcoin. Altcoins can easily be successful thanks to Defi's as of today which tap into liquid pools that help with liquidity and keep them afloat.

[KTChampions]

1.) This process is going on, but too slowly. And we need a result now and not "later." Therefore, we have to act in existing realities and choose bad (relatively beautiful future) options.

2.) Both options have their own risks. And both options are good in some ways, and bad in something. I need an option without flaws  Unfortunately, it is too early to hope for his appearance.
In terms of anonymity, Monero is perfect, but in terms of adoption ... like all other cryptocurrencies 

Adoption takes time man. It took BTC 10 YEARS to be where it is today. Those who have patience in this market comes up with the biggest ROI, that's my thought process anyway.

The need for truly decentralized DEX's will be HUGE as regulation kicks in. Blocknet predicted this years ago.

Right. But not all good projects ended successfully, some projects were supplanted by more successful ones (do you remember how quickly pagers disappeared?).
As for the DEX's, I see an unsolvable problem: the state will never give up its powers and will always regulate this. But adjustable DEX is nonsense and nobody needs it.

[Marckolind]

1.) This process is going on, but too slowly. And we need a result now and not "later." Therefore, we have to act in existing realities and choose bad (relatively beautiful future) options.

2.) Both options have their own risks. And both options are good in some ways, and bad in something. I need an option without flaws  Unfortunately, it is too early to hope for his appearance.
In terms of anonymity, Monero is perfect, but in terms of adoption ... like all other cryptocurrencies 

Adoption takes time man. It took BTC 10 YEARS to be where it is today. Those who have patience in this market comes up with the biggest ROI, that's my thought process anyway.

The need for truly decentralized DEX's will be HUGE as regulation kicks in. Blocknet predicted this years ago.

Right. But not all good projects ended successfully, some projects were supplanted by more successful ones (do you remember how quickly pagers disappeared?).
As for the DEX's, I see an unsolvable problem: the state will never give up its powers and will always regulate this. But adjustable DEX is nonsense and nobody needs it.

You cannot regulate a DEX even if you tried to. The Blocknet DEX cannot be shut down, not even by the devs themselves as they do NOT own it, nobody "owns" the DEX, which makes it truly decentralized.

There will ALWAYS be a need for decentralized trading. You're pretty delusional if you think otherwise.