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Author Topic: UNISWAP explained  (Read 265 times)
bobyhodob
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September 19, 2020, 02:56:27 PM
 #21

Apart from those explanations and descriptions given to you OP. I only want to give you a reminder that there are copy-cat projects that are starting to imitate Uniswap, hoping that they'll get some investors misleading them into their platforms and buy their imitation token.
It is what you need to remember too just in case you're too attracted to Uniswap and you're liking it because of its trend.
if what you say is true then uniswap tokens should not have this high price because if you can see that many altcoins have less supply than uniswap but the price can't be this expensive, hopefully UNI won't make many traders disappointed and really have developments good so that it can give a lot of profit.

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September 19, 2020, 10:00:08 PM
 #22

I am having a hard time understanding how UNISWAP works. I went to their site and it gives you the option to trade all ERC tokens. So you want to buy certain coin with Ethereum, does that mean that coin is there in some pool, or how does it work?
The uniswap pool works as a decentralized protocol for exchanging Ethereum and tokens for each other.
Read this article to understand how pooling works.
https://bitcointalk.org/index.php?topic=5276515
The price ratio on the pool is regulated by sellers and buyers.



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September 19, 2020, 11:03:25 PM
 #23

Apart from those explanations and descriptions given to you OP. I only want to give you a reminder that there are copy-cat projects that are starting to imitate Uniswap, hoping that they'll get some investors misleading them into their platforms and buy their imitation token.
It is what you need to remember too just in case you're too attracted to Uniswap and you're liking it because of its trend.
if what you say is true then uniswap tokens should not have this high price because if you can see that many altcoins have less supply than uniswap but the price can't be this expensive, hopefully UNI won't make many traders disappointed and really have developments good so that it can give a lot of profit.

they have high price right now because they are enjoying the hype. so for those UNI holders you need to be alert for what's to come in the next coming months. when most of these defi projects are already in their grave, and a lot of those tokens in uniswap have no more value.
 and that's right, a lot of fake projects are being created. just look at all those Y projects suddenly sprouting like mushrooms. they can easily create similar projects and list then in uniswap without too much effort from their end. so stay vigilant!

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September 20, 2020, 08:28:20 PM
 #24


they have high price right now because they are enjoying the hype. so for those UNI holders you need to be alert for what's to come in the next coming months. when most of these defi projects are already in their grave, and a lot of those tokens in uniswap have no more value.
 and that's right, a lot of fake projects are being created. just look at all those Y projects suddenly sprouting like mushrooms. they can easily create similar projects and list then in uniswap without too much effort from their end. so stay vigilant!
To place the project tokens on uniswap, you need to create a pool, and for this you will need to invest 50-100 thousand dollars.
Every day 20-40 new projects appear on uniswap, but most of them do not find anyone willing to purchase their tokens.
Huge commissions of $ 25-50 for one token transfer discourage buying anything.

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batang_bitcoin
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September 20, 2020, 10:02:49 PM
 #25

Apart from those explanations and descriptions given to you OP. I only want to give you a reminder that there are copy-cat projects that are starting to imitate Uniswap, hoping that they'll get some investors misleading them into their platforms and buy their imitation token.
It is what you need to remember too just in case you're too attracted to Uniswap and you're liking it because of its trend.
if what you say is true then uniswap tokens should not have this high price because if you can see that many altcoins have less supply than uniswap but the price can't be this expensive, hopefully UNI won't make many traders disappointed and really have developments good so that it can give a lot of profit.
If they are in demand, price will definitely appreciate and that's unstoppable if the mass is with them. But as their demand increases, there are also the opportunity takers which are copying the names of these projects but theirs is entirely different if you'll check the whole details about their project. It's just a reminder for those lovers of Uniswap or any token that you want to trade there. Be careful because if you are not, you may fall to the wrong type of token which has almost similar name.



 

 

 

 

 

 


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September 20, 2020, 10:28:36 PM
 #26

Apart from those explanations and descriptions given to you OP. I only want to give you a reminder that there are copy-cat projects that are starting to imitate Uniswap, hoping that they'll get some investors misleading them into their platforms and buy their imitation token.
It is what you need to remember too just in case you're too attracted to Uniswap and you're liking it because of its trend.
if what you say is true then uniswap tokens should not have this high price because if you can see that many altcoins have less supply than uniswap but the price can't be this expensive, hopefully UNI won't make many traders disappointed and really have developments good so that it can give a lot of profit.
If they are in demand, price will definitely appreciate and that's unstoppable if the mass is with them. But as their demand increases, there are also the opportunity takers which are copying the names of these projects but theirs is entirely different if you'll check the whole details about their project. It's just a reminder for those lovers of Uniswap or any token that you want to trade there. Be careful because if you are not, you may fall to the wrong type of token which has almost similar name.
Copying the allmost the same name of a certain project can lead to these scenarios 1. Make the project a copycat in the appeal of investors 2. Make some people confused on which on both original and copied names is their target project 3. Label them as a copy-cat project even they have different concept. There are many possible scenarios that can be positive and negative effect to the project, I think it's not necessary to have a project name that is close to others.
iged_war
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September 20, 2020, 10:48:00 PM
 #27

I am having a hard time understanding how UNISWAP works. I went to their site and it gives you the option to trade all ERC tokens. So you want to buy certain coin with Ethereum, does that mean that coin is there in some pool, or how does it work?
you should learn from any tutorial how uniswap working, there are many tutorial in youtube channel. uniswap was easy to operate f, you can trade there or even add your liquidity . this exchange provide many feature, except its gas transaction that complained by traders.

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batang_bitcoin
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September 20, 2020, 11:37:55 PM
 #28

If they are in demand, price will definitely appreciate and that's unstoppable if the mass is with them. But as their demand increases, there are also the opportunity takers which are copying the names of these projects but theirs is entirely different if you'll check the whole details about their project. It's just a reminder for those lovers of Uniswap or any token that you want to trade there. Be careful because if you are not, you may fall to the wrong type of token which has almost similar name.
Copying the allmost the same name of a certain project can lead to these scenarios 1. Make the project a copycat in the appeal of investors 2. Make some people confused on which on both original and copied names is their target project 3. Label them as a copy-cat project even they have different concept. There are many possible scenarios that can be positive and negative effect to the project, I think it's not necessary to have a project name that is close to others.
They really are confusing many investors as they are misleading them to the project that they've made as the copycat from the actual project that these investors want to invest.
It's the trick that they're doing and that's the same with what we experienced for having bitcoin. A lot of forks for bitcoin was made and one of their goal is to attract investors of bitcoin to invest with the forks that they have. Luckily, many are aware of that but here they are again, going with the new trend of projects.



 

 

 

 

 

 


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September 20, 2020, 11:56:39 PM
 #29

I am having a hard time understanding how UNISWAP works. I went to their site and it gives you the option to trade all ERC tokens. So you want to buy certain coin with Ethereum, does that mean that coin is there in some pool, or how does it work?

All that you ask has long been available both on the Internet and on our forum. View these topics zasad@:
(GUIDE) How to trade on uniswap correctly
Swaps list
They will be interesting and I hope will help you learn how to trade on the exchange Uniswap.
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