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Author Topic: Are all exchange going to Alive in near future?  (Read 511 times)
ice098
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November 25, 2019, 08:27:49 PM
 #41

It is impossible for all exchanges to remain in operation.  Exchanges thrive on profit from listing new coins/tokens trades and withdrawals.  If the volume of trades on the exchange is low, the exchange will start running at a loss.  This is the major reason why many are going under: low volume of trades due to bearish market.
Exchange is always alive when the coins that are being listed over there is alive too, that is the reason why sometimes they remove unactive coin due to for them to create space for new coins that has potential and has a better people who supported it. We need to realize that exchange is just an only exchange waiting for alts to come back.

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November 25, 2019, 08:51:25 PM
 #42

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

The simple and blunt truth is, NO. Many exchanges aren't even created for any concrete reason, some don't even have any concept rather than just host an exchange and hope to list new projects. Also, as a result of IEO many exchanges have been created or looks like they are active. Just like other projects or platform in this space, which keeps dying as a result of lack of updates or ideas, same will be the fate of most exchanges in time to come. So be careful of where you keep your funds as well as where you trade.

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November 25, 2019, 09:20:31 PM
 #43

Of course, not all exchanges will be alive in the future. It's impossible. Here the same situation as with new projects. Someone just doesn't have the strength and knowledge to make their platform really successful. Now there is a lot of competition.

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November 25, 2019, 10:06:20 PM
 #44

It is good that we will have so many exchanges. They all have different conditions and everyone can choose a stock exchange that he likes. So I don't see anything wrong with this situation.

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November 26, 2019, 12:37:08 AM
 #45

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

I think that with the advent of DEXs, a lot of the more incompetent centralised exchanges will be wiped out as a matter of time.

So no, there are a lot of exchanges that are completely unregulated and surviving off altcoins that have very low liquidity and a lack of markets elsewhere, creating a niche for themselves that way. Once these alts start dying, the exchanges will also die alongside them.

Don't be surprised either if DEXs become very popular in the next decade or so, and have a very detrimental impact on the popularity of platforms who don't have a decentralised exchange developed by that stage.
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November 26, 2019, 01:15:20 AM
 #46

Many exchanges that were set up for the purpose of just making money from customers and never think of how to better the ecosystem will just fade away like coinexchnage and co, when they can no longer get liquidity and inability to pay staff and maintain the cost of operations.
Many other exchanges are having problems like Coinexchange and in the near future, there will be many other exchanges that will stop working because cannot create good liquidity for investors. I think some exchanges like Idax, latoken, p2pb2b will soon stop working because most of the coins listed here have low liquidity and fake trading volume is the main reason that investors Feel not interested in participating.

However, this is just my personal opinion and everything still depends on how the exchange develops but it is best to keep only big exchanges in this market.
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November 26, 2019, 01:24:52 AM
 #47

We don't know for sure. What's happening right now is there are some exchange that are closing because it's business, you might also get rekt. But I believe on some exchange that will still be alive in the future like binance, bittrex, okex and many more. If those exchange now will not survive this, there would still be exchange in the future. It's like a broker in forex and will forever be there.




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November 26, 2019, 01:53:19 AM
 #48

of course when cryptocurrency develops rapidly, the number of exchanges will increase. but only exchanges that have a reputation, trading volume, have high liquidity and are well-known that investors can trust and survive in cryptocurrency. many exchanges I think are not a problem as long as we can choose the right exchange and avoid scam exchanges.

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November 26, 2019, 02:15:27 AM
 #49

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

Cryptocurrency is the future, many new projects are going to come, and the competition is going to be stiff and hard, there will be a lot of purge going on along the way, so you need to educate yourself on how to trace the right project to invest, it will be easy if you arm yourself with the right knowledge to trace what projects to support and what is not.

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November 26, 2019, 05:18:13 AM
 #50

of course when cryptocurrency develops rapidly, the number of exchanges will increase. but only exchanges that have a reputation, trading volume, have high liquidity and are well-known that investors can trust and survive in cryptocurrency. many exchanges I think are not a problem as long as we can choose the right exchange and avoid scam exchanges.
The number of exchange will increase in the future indeed, but we cannot avoid the fact some of it are closing to the point of low volume and lack of users. Many things could happen in the future so as a user and a trader we must choose the best exchange that we could have get benefits of. Even many exchanges will exists our own right to assess it.
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November 26, 2019, 07:26:14 AM
 #51

To be honest, we don't need these tons of exchange sites where in fact only few are doing fairly good in terms of liquidity and credibility. And with that, only few will survive and we can actually predict some of it now, moreover they will develop more.

I think that with the advent of DEXs, a lot of the more incompetent centralised exchanges will be wiped out as a matter of time.
Hopefully and it sucks when a CEX ask for a kyc. Wth.

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November 26, 2019, 10:52:17 AM
 #52

I hope all exchanger will be going alive soon in the future if investors and traders will back in cryptocurrency, Because trading is not profitable and thats the point so many of traders leave in crypto and afraid to put money again in trading.

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November 26, 2019, 01:06:06 PM
 #53

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

It's understandable exchange and Cryptocurrency business is a multi billion dollar business, and every one wants to have a project in this industry, we have so many new coins, sop many exchanges already, go to the the announcement section and the bounty section and see the many new project creating an announcement, they are still creating even if majority of investors are now ignoring them.
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November 26, 2019, 02:30:15 PM
 #54

of course when cryptocurrency develops rapidly, the number of exchanges will increase. but only exchanges that have a reputation, trading volume, have high liquidity and are well-known that investors can trust and survive in cryptocurrency. many exchanges I think are not a problem as long as we can choose the right exchange and avoid scam exchanges.
The number of exchange will increase in the future indeed, but we cannot avoid the fact some of it are closing to the point of low volume and lack of users. Many things could happen in the future so as a user and a trader we must choose the best exchange that we could have get benefits of. Even many exchanges will exists our own right to assess it.

We already see some of them closing down and high probabilities that other exchange will follow since there are so many exchange  got low volume and for that case maybe in future they will officially shut off and also it's not a surprise to see those new exchange comes since it's expected already and hopefully there is one that can compete binance so that there will be exciting things to watch for.

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November 26, 2019, 04:53:04 PM
 #55

Over 10 year old exchange with over 1.3 million users shutting down on January 6, 2020
https://www.virwox.com/news_archive.php

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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November 26, 2019, 07:12:33 PM
 #56

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
You cant expect to have that more volume and liquidity considering on all the number of current exchangers as of this moment.If you do try to count the number of people who do make use of exchangers and
the numbers of the platforms then i would say that its already too much.It doesnt really need nor necessary to have lots of it yet even a few numbers lets say 5-8 exchangers would be enough imho but
people wont really stop on making one yet they do know on how profitable it would be on having an exchange specially if it do able to succeed on getting some users.

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January 27, 2020, 05:41:45 AM
 #57

The exchange serves users. If it does not have real users and changes the price at will, it will eventually fail. So an exchange can survive for a long time, you must check how many users it has.


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January 28, 2020, 06:53:23 AM
 #58

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long
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January 28, 2020, 09:55:55 AM
 #59

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long

same here .  i only recognize a few but why would you try to use others or many more exchange when others are just crappy and faulty  ?  better if we can only stick to one or two because they already got what we need  .  however even the top exchanges are also not perfect    . some complaints arises on the past that exchanges like binance having a fake volume and liquidity   . a complaint also about bad coins listing and stuffs like that , etc  but still it isnt alarming at all  .
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January 28, 2020, 10:57:01 PM
 #60

The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long

same here .  i only recognize a few but why would you try to use others or many more exchange when others are just crappy and faulty  ?  better if we can only stick to one or two because they already got what we need  .  however even the top exchanges are also not perfect    . some complaints arises on the past that exchanges like binance having a fake volume and liquidity   . a complaint also about bad coins listing and stuffs like that , etc  but still it isnt alarming at all  .
We dont really need lots of exchangers and as said 2 or 3 would really be enough but come to think that there were lots of different markets
not only a single platform would able to launched up and also there are regulations needed to be complied on said exchange.

Also, lots of investors will surely consider on building an exchange.Why? because this one is a profitable business.We saw the demand and thats why
its impossible to think that we would only have a few.

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