Topic: Big money moving in next year, means greater demand for DEX projects? - page 6. (Read 1563 times)
April 26, 2020, 04:31:37 PM
I think Dex use could increase next year. Because centralized exchanges are forcing people to do kyc. Which is embarrassing to many traders. In my opinion centralized exchange is taking crypto in another direction which is not the real purpose of crypto. Because if all your information has to be given to someone else then how is it decentralized. And for this reason I think the use of dex can increase tremendously next year or near future. But we have to wait for it.
April 20, 2020, 01:41:44 PM
It sounds reasonable, but we're still not sure if prices will rise. You look at the typical example of Litecoin. The halving happened but its price was lower than before the halving event.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
But I do not get OP. He is right about up to the part of predicting big inflow of money into crypto space due to upcoming bitcoin halving but not sure how it will impact dex projects. I mean huge inflow of money will directly impact bitcoins markets and many other altcoins markets and may be some promising altcoins which does not mean dex will be having great future. If anything like that happens, just could be a side consequences of bullish trend of crypos. We cannot be sure about side consequences.One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
But, due to corona pandemic, we are into slow growth phase of crypto space and we cannot predict how long this slow growth may last. But, we can be sure bitcoin to boom around its halving which may end up growth of all the altcoins as well. Let's wait and watch patiently
. April 20, 2020, 12:06:46 PM
ndeed the key to all trading is patience and never stop learning, be it learning from the losses we have ever felt or learning how we can benefit...
April 19, 2020, 12:10:28 PM
DEX will still having a hard time to grow, people now are trusting more on centralized exchange, and despite the fact that there is a halving schedule this year but we can't say that bitcoin will rise due to the pandemic.
When you created this post, you don't consider other bad factors such as this pandemic, so I'm wondering maybe you'll change your prediction now that we are seeing how our economy has been struggling.
From what I have assessed about DEX, it is only a secondary trading tool. This means that when CEXs encounter problems, DEX will be a backup plan. because even Binance DEX does not make me happy about the trading volume and trading tool there. There is no stop, no big volume and the price is always very big difference. You may even pay more fees when using CEX. so I still do not appreciate DEX for the time being.When you created this post, you don't consider other bad factors such as this pandemic, so I'm wondering maybe you'll change your prediction now that we are seeing how our economy has been struggling.
The "Binance DEX" is NOT a real DEX, don't be fooled here, lol.
Stakenet's new Lightning Network compatible DEX will solve many of the problems we've seen with DEX's today. One of problems is "speed", you can trade INSTANTLY over the Lightning Network, which is pretty cool. More over is the DEX itself powered by a "DEX Aggregator" that will pull order books from other DEX's through API's meaning it will add a BUNCH of liquidity to the DEX itself, benefitting everyone.
Do your own research, but this is by far the best DEX out there.
April 19, 2020, 04:07:29 AM
DEX will still having a hard time to grow, people now are trusting more on centralized exchange, and despite the fact that there is a halving schedule this year but we can't say that bitcoin will rise due to the pandemic.
When you created this post, you don't consider other bad factors such as this pandemic, so I'm wondering maybe you'll change your prediction now that we are seeing how our economy has been struggling.
From what I have assessed about DEX, it is only a secondary trading tool. This means that when CEXs encounter problems, DEX will be a backup plan. because even Binance DEX does not make me happy about the trading volume and trading tool there. There is no stop, no big volume and the price is always very big difference. You may even pay more fees when using CEX. so I still do not appreciate DEX for the time being. When you created this post, you don't consider other bad factors such as this pandemic, so I'm wondering maybe you'll change your prediction now that we are seeing how our economy has been struggling.
April 18, 2020, 06:48:22 PM
DEX will still having a hard time to grow, people now are trusting more on centralized exchange, and despite the fact that there is a halving schedule this year but we can't say that bitcoin will rise due to the pandemic.
When you created this post, you don't consider other bad factors such as this pandemic, so I'm wondering maybe you'll change your prediction now that we are seeing how our economy has been struggling.
When you created this post, you don't consider other bad factors such as this pandemic, so I'm wondering maybe you'll change your prediction now that we are seeing how our economy has been struggling.
April 18, 2020, 06:44:18 PM
It sounds reasonable, but we're still not sure if prices will rise. You look at the typical example of Litecoin. The halving happened but its price was lower than before the halving event.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
You should at least consider to look on the dates before trying to necropost any thread that had been inactive for
several months already.Its against forum rules therefore you shouldnt do this stuff every now and then.
On topic, it do talks about potential or great demand of DEX projects but we currently seeing that the market isnt
performing well. We are approaching halving event but the market seems doesnt have any reaction.
April 18, 2020, 06:35:50 PM
It sounds reasonable, but we're still not sure if prices will rise. You look at the typical example of Litecoin. The halving happened but its price was lower than before the halving event.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
November 04, 2019, 12:22:56 AM
With the way things are going now, the market is kind of stable at the moment. I believe a good price movement is coming soon. Since BAKKT has already been gradually progressing it will sure open a way for big investors to come in. But I don't believe it will be on DEX projects. A bull run is imminent but no timeline for that.
we know the risk of investing with any crypto currency if the development of crypto or altcoin we cannot know with certainty its development and confidence and patience is the main capital in investing with crypto currencies and under current conditions we must be clever in utilizing every chance we will get 
November 03, 2019, 09:56:08 PM
So I'm pretty convinced that we'll see a mega bull run next year due to the BTC halving. There's probably a LOT of wealthy people looking to invest, if the price starts to skyrocket again, but as we've seen in the past, these people are all about privacy.
probably, or probably not , we in 50:50 about it.
Wealthy people is likely to hide a ton of money in crypto, and while you could argue that most of them would hold privacy coins like XMR, there's also a fear that these will be illegal, and delisted/removed from centralized exchanges eventually.
i guess it not will be going delisted by all CEX exchange,because monero is truly real anonymous privacy,its real assest.
even if that happen ,i guess someone overthere still accepted single purchase by person to person.
u know like hidden treasure ? that monero will be.
This got me thinking, that perhaps decentralized exchanges where nobody can follow your trading history will get HUGE demand.
So perhaps it's not a bad idea to look into projects like Blocknet for the next bull run? If these DEX's takes off, the coin itself will be highly sought after.
So perhaps it's not a bad idea to look into projects like Blocknet for the next bull run? If these DEX's takes off, the coin itself will be highly sought after.
u know what ?
Dex still have lower innovation and technology than CEX.
for now, I don't think it's about you being tracked or not, it's about how efficient the exchange is.
and of course CEX is better about it.
November 03, 2019, 01:44:03 AM
It sounds reasonable, but we're still not sure if prices will rise. You look at the typical example of Litecoin. The halving happened but its price was lower than before the halving event.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2020.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2020.
November 03, 2019, 01:54:55 AM
I do think that DEX based projects will see some sort of bull run, especially when you take into the macro variables like the halving in BTC that will likely drag the entire market up along with it.
However, it's unlikely that institutional investors are going to be the cause of DEX projects being up. The reason being is simply that they have no vested interest in this field - most institutional investors prefer more mature technology, with some element of traditional banking integration.
That makes me think that platforms like XRP and IOTA who have real life partners will likely appreciate more than the rest.
However, it's unlikely that institutional investors are going to be the cause of DEX projects being up. The reason being is simply that they have no vested interest in this field - most institutional investors prefer more mature technology, with some element of traditional banking integration.
That makes me think that platforms like XRP and IOTA who have real life partners will likely appreciate more than the rest.
November 03, 2019, 12:41:49 AM
People won't easily move into DEX, if the same is being developed by someone leading the market it'll gain attention. Already we've got lot of decentralized exchanges, while those hasn't got a much bigger trade volume compared to the centralized exchanges. Maybe the initiative taken by Binance for a DEX will gain importance over the years.
There was a time when Etherdelta/Forkdelta and IDEX have very good volumes. They were both chosen by traders who prefer DEXes over centralized exchanges. But when these two exchanges experienced glitches, people started leaving them. IDEX ceased to be a DEX. Etherdelta was hounded by controversies. Centralized exchanges were the only options left. Since they are offering better volumes and coins for trade, they quickly became the leading options.
November 03, 2019, 12:16:59 AM
People won't easily move into DEX, if the same is being developed by someone leading the market it'll gain attention. Already we've got lot of decentralized exchanges, while those hasn't got a much bigger trade volume compared to the centralized exchanges. Maybe the initiative taken by Binance for a DEX will gain importance over the years.
Many will try crypto since it's establing it's way for adoption as many stores will accept it thus big money can really move next year but not all in DEX projects, some newbies may still want to have centralized system wherein they can blame someone if things did2goes the way they wanted. I use DEX sometimes but mostly trade in Binance, will try Binance DEX real soon. November 03, 2019, 12:09:25 AM
DEX really can't satisfy the needs of billions of dollars.
Maybe not presently, but they will. November 02, 2019, 10:59:19 PM
So I'm pretty convinced that we'll see a mega bull run next year due to the BTC halving. There's probably a LOT of wealthy people looking to invest, if the price starts to skyrocket again, but as we've seen in the past, these people are all about privacy.
Remember the Panama leakage a few years back? https://www.bbc.com/news/live/business-35944255/page/2
Wealthy people is likely to hide a ton of money in crypto, and while you could argue that most of them would hold privacy coins like XMR, there's also a fear that these will be illegal, and delisted/removed from centralized exchanges eventually.
This got me thinking, that perhaps decentralized exchanges where nobody can follow your trading history will get HUGE demand.
So perhaps it's not a bad idea to look into projects like Blocknet for the next bull run? If these DEX's takes off, the coin itself will be highly sought after.
Thoughts?
no, i think they don't need the DEXs. DEXs currently have relatively small volumes compared to the amount held by manipulative organizations. I have heard that they often organize deep web transactions and we will never know that. DEX really can't satisfy the needs of billions of dollars. Remember the Panama leakage a few years back? https://www.bbc.com/news/live/business-35944255/page/2
Wealthy people is likely to hide a ton of money in crypto, and while you could argue that most of them would hold privacy coins like XMR, there's also a fear that these will be illegal, and delisted/removed from centralized exchanges eventually.
This got me thinking, that perhaps decentralized exchanges where nobody can follow your trading history will get HUGE demand.
So perhaps it's not a bad idea to look into projects like Blocknet for the next bull run? If these DEX's takes off, the coin itself will be highly sought after.
Thoughts?
November 02, 2019, 10:47:11 PM
People won't easily move into DEX, if the same is being developed by someone leading the market it'll gain attention. Already we've got lot of decentralized exchanges, while those hasn't got a much bigger trade volume compared to the centralized exchanges. Maybe the initiative taken by Binance for a DEX will gain importance over the years.
Pool all the decentralized trade volume together - problem solved!Binance DEX is decentralized in name only.
November 02, 2019, 10:44:27 PM
People won't easily move into DEX, if the same is being developed by someone leading the market it'll gain attention. Already we've got lot of decentralized exchanges, while those hasn't got a much bigger trade volume compared to the centralized exchanges. Maybe the initiative taken by Binance for a DEX will gain importance over the years.
November 02, 2019, 10:39:37 PM
I dont know..
people are pushing the idea of DEX for many years now, but it just does not work
only a decentralized exchange that is controlled by centralized party will work (to save resources for the centralized group)
yes that can happen technically decentralized but centralized in management manner
i think that market makers wont go to decentralized exchanges
thats the main reason
Anything that CEXs do could be done by DEXs in timepeople are pushing the idea of DEX for many years now, but it just does not work
only a decentralized exchange that is controlled by centralized party will work (to save resources for the centralized group)
yes that can happen technically decentralized but centralized in management manner
i think that market makers wont go to decentralized exchanges
thats the main reason
If they become competitive enough and the fees are better, I think market makers will go there too.
November 02, 2019, 08:16:32 PM
I dont know..
people are pushing the idea of DEX for many years now, but it just does not work
only a decentralized exchange that is controlled by centralized party will work (to save resources for the centralized group)
yes that can happen technically decentralized but centralized in management manner
i think that market makers wont go to decentralized exchanges
thats the main reason
people are pushing the idea of DEX for many years now, but it just does not work
only a decentralized exchange that is controlled by centralized party will work (to save resources for the centralized group)
yes that can happen technically decentralized but centralized in management manner
i think that market makers wont go to decentralized exchanges
thats the main reason
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