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Author Topic: Some Bitcoin Exchanges Might Die in 2015  (Read 2300 times)
rikfredsy
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January 04, 2015, 03:17:39 AM
 #1

Hello ,
According to this topic : http://www.coindesk.com/bitcoin-exchanges-might-die-2015/
what did you think ? and why ?

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January 04, 2015, 06:42:47 AM
 #2

Quote
“Bitcoin volatility has gone down because of the growing ecosystem. There are more sophisticated players who are doing more hedging and providing more liquidity to the market.”
The price of bitcoin is in the trend of becoming stable. The exchange cant alway rely on the sole trading service to generate revenues and has to diversify their revenues source.

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January 04, 2015, 06:56:29 AM
 #3

Quote
“Bitcoin volatility has gone down because of the growing ecosystem. There are more sophisticated players who are doing more hedging and providing more liquidity to the market.”
The price of bitcoin is in the trend of becoming stable. The exchange cant alway rely on the sole trading service to generate revenues and has to diversify their revenues source.

May be

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January 04, 2015, 11:34:50 AM
 #4

Some Bitcoin Exchanges Miners Might Die In 2015
gentlemand
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January 04, 2015, 01:46:44 PM
 #5

I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

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January 04, 2015, 03:03:24 PM
 #6

Not only bitcoin exchange might die, even pool operator and miners are dieing 1 by 1 due to lower fees and negative profit. Hope the profit would come back like in 2014 1st quarter.

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January 04, 2015, 03:05:32 PM
 #7

Why? Because BTC is going low (at least now). And if they have lets say 1% tax on all transactions, than thay will gain less money and they will die. And if they raise tax than users will leave and they will die... Smiley
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January 04, 2015, 03:54:49 PM
 #8

Because p2p exchanges are comming, in a few month we could be using coinffeine

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January 04, 2015, 04:15:11 PM
 #9

Because p2p exchanges are comming, in a few month we could be using coinffeine
Im still not aware on these. How safe are these p2p exchanges? is it all encrypted?
I have some coins in poloniex.. should I withdraw? I still trust polo..
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January 04, 2015, 04:36:34 PM
 #10

as long as there is a big volume, the price doesn't matter much, the exchanges can remain alive, at least the big one
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January 04, 2015, 05:48:22 PM
 #11

I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

Only bad ones that are run badly deserve to die, but I don't trust half of them with my money, but this is why we need decentralized exchanges with little to no fees and you don't need to keep your money with a third party.
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January 04, 2015, 07:20:06 PM
 #12

I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

Only bad ones that are run badly deserve to die, but I don't trust half of them with my money, but this is why we need decentralized exchanges with little to no fees and you don't need to keep your money with a third party.

Don't worry, decentralised exchange is definitely coming.  Have a look at AT and coins like Burst and Qora which are, or will soon be, supporting it.  Cross-Blockchain transactions will be happening very soon, directly peer to peer.

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January 04, 2015, 09:41:39 PM
 #13

Business competition is a game of survival of the fittest...only the strongest will survive. This news doesn't concern me at all, in fact fewer exchanges will ensure a more accurate price for everybody.

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January 04, 2015, 10:19:58 PM
 #14

The obvious, because the price of the currency falling too much
exchange no profit

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January 05, 2015, 12:22:02 AM
 #15

I don't see why any exchange would die, only that the smaller ones will be gobbled up by the bigger ones, but there's nothing wrong with that. In many activities, you need to reach a certain mass to be profitable. BTC exchanges are no different.

If you're looking for a trading/lending place,
better avoid Poloniex, as it socializes losses.
Learn more about it on this topic.
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January 05, 2015, 12:46:18 AM
 #16

Hello ,
According to this topic : http://www.coindesk.com/bitcoin-exchanges-might-die-2015/
what did you think ? and why ?

lol
I think more exchanges will steal all founds and owners go on the run then they will die natural death.

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bitbunnny
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January 05, 2015, 10:36:05 AM
 #17

Small ones will be "eaten" by bigger ones

Q7
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January 05, 2015, 11:18:49 AM
 #18

Good for their business but not for us and bitcoin as a whole. Volatility is the one that is putting off people and legitimate business establishment to widely accept bitcoin especially those that operate on narrow profit margin. Instead they attract speculators and punters who basically don't care what is going to happen to bitcoin except on how to fill their pocket with easy money.

Also, I don't understand how exchangers can go bust. The service alone on each and every trade will net them money. What is that for them to lose? It's either making "more" money or "not enough" money. Sigh....

Jammalan the Prophet
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January 05, 2015, 12:47:09 PM
 #19

Well , it didn't take long for one to start bleeding...
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January 05, 2015, 01:33:25 PM
 #20

I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

Only bad ones that are run badly deserve to die, but I don't trust half of them with my money, but this is why we need decentralized exchanges with little to no fees and you don't need to keep your money with a third party.

Don't worry, decentralised exchange is definitely coming.  Have a look at AT and coins like Burst and Qora which are, or will soon be, supporting it.  Cross-Blockchain transactions will be happening very soon, directly peer to peer.

This is exactly what we need and is all in the original spirit of bitcoin. As much as possible should be decentralized. Too many unnecessary companies get involved and try to take their cut and all these fees add up over time. Can't wait for what the future holds for bitcoin.
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