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Topic: Cryptocurrency exchange got bigger - page 3. (Read 724 times)

full member
Activity: 322
Merit: 103
July 05, 2018, 12:26:43 PM
#87
some exchanges got opened again for new members to play with the market again, this gives a new opportunity to those who are aspiring to experience the crypto currency market and to support the blockchain technology in introducing its features to the people this give rises to give interest to many people who are not yet influenced by the crypto currency market.
member
Activity: 252
Merit: 10
July 05, 2018, 10:57:10 AM
#86
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
It is great, I have already heard that bitcoin takes the 6th place and world currencies rating in terms of capitalisation and market usage. So we are not far from the worldwide acceptance.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
July 05, 2018, 08:49:33 AM
#85
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

Let say there are a lot of exchangers out there but not every market has a good security in terms of holding your coins so it will be always better to use those exchangers that is already trusted by pioneers in trading.
legendary
Activity: 1876
Merit: 3139
July 05, 2018, 07:45:36 AM
#84
I'm assuming that the local exchanges you are saying is in the Philippines right? Because I read that they have plans to open 20+ for now and then 60 in the next coming years. That's a lot of local exchanges. Even locals coins.ph now have its own trading platform so everything looks good in the Philippines. In a wider perspective, it only means that there's recognition that bitcoin and crpyto will really exploded in the next 5 years or so because of the continuous growth of crypto money. People now finds crypto a safe haven for their money investment wise or even grow their money doing trading. However, competition will be tough in this area, because some well known exchanges have a good head start and those planning to enter the field will have their hands full on how to get some slice on that big pie, a multi-billion dollar industry.

I don't really see any point in creating that many cryptocurrency exchanges. Are we even going to reach so high volume that we will see thousands of exchanges? Some people prefer to use the most popular exchanges which are not based in their country because they trust them. And why do they trust them? We are discussing this problem here: https://bitcointalksearch.org/topic/m.41474831
member
Activity: 490
Merit: 11
July 05, 2018, 07:34:55 AM
#83
by 2018, no human is not interested in money
they could have gained huge profits simply by investing it in the bank
cryptocurrency exchanger proved to have a large income from trading costs made by users
even every day, Bittrex could have earned 3 million USD, and that's only from transaction fees alone
member
Activity: 308
Merit: 10
July 05, 2018, 07:31:17 AM
#82
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
I think the number of exchange are far more than 500 now but the reputed exchanges are very few with high trading volumes but having more and more exchanhes doesn't affet the prices it can help more people to come towards bitcoin and other crypto currencies because people will have trust on crypto and they will think that they can easyly convert their coins at any time into fiat.
really along with the times and the advancement of crypto time more and more known by all people in various countries see the profits obtained is large enough this can be part of the change of life.
newbie
Activity: 147
Merit: 0
July 05, 2018, 07:26:12 AM
#81
True, cryptocurrency has been recognized better than ever.
Having more indirect exchanges can affect the price of crypto currency, but a thing that directly affects the price is the Sales Volume or Purchase that is most influential on the Cryptocurrency price.
newbie
Activity: 70
Merit: 0
July 05, 2018, 07:13:40 AM
#80
The rise in cryptocurrency exchanges is a good thing. But there is need to put a check on some of this exchanges so that people won't be defrauded of their hard earned investments. The rise in numerous exchanges gets to show that more people have accepted cryptocurrencies and have decided to invest in it by creating this exchanges. Also, the more the exchanges, the more options for cryptotraders, and also a possible reduction in trading fees due to competition among the various exchanges.
legendary
Activity: 3080
Merit: 1353
July 05, 2018, 06:18:37 AM
#79
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations.

I'm assuming that the local exchanges you are saying is in the Philippines right? Because I read that they have plans to open 20+ for now and then 60 in the next coming years. That's a lot of local exchanges. Even locals coins.ph now have its own trading platform so everything looks good in the Philippines. In a wider perspective, it only means that there's recognition that bitcoin and crpyto will really exploded in the next 5 years or so because of the continuous growth of crypto money. People now finds crypto a safe haven for their money investment wise or even grow their money doing trading. However, competition will be tough in this area, because some well known exchanges have a good head start and those planning to enter the field will have their hands full on how to get some slice on that big pie, a multi-billion dollar industry.
full member
Activity: 334
Merit: 100
July 05, 2018, 05:07:24 AM
#78
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Having a lot of exchanges does not affect the price of bitcoin in anyway at all. But I will advise you to stick to your current exchanges that you’re using instead of going for all these new exchanges, unless you just want to take the risk of being an example for others, then no prob. Why I’m saying this is because most of these new exchanges are scam, although I know that there are legit ones out there, but you still have to be very careful.
hero member
Activity: 3052
Merit: 651
July 04, 2018, 01:40:28 PM
#77
Yeah and a lot of them are also getting hacked by a ghost.  Grin
Inside job or not, why let it happen if there are millions of money involved inside.
We should pick the better ones where security is priority unlike others who just created the exchange for their own greed of money.

Out of all the exchanges, just how many of them are the popular ones who are still standing up until now and gives support to those who gets a problem with their accounts.
newbie
Activity: 182
Merit: 0
July 04, 2018, 01:30:01 PM
#76
The exchange is not big enough now, because too many people do not enter the market. So when the next time everyone comes in, you will find that the exchange is not enough. But then I am afraid I can do point-to-point transactions, only large transactions come back to the exchange.




I think other countries now create the Exchange of their own, is this means that cryptocurrency has been recognized better than ever? and if so, is to have more Exchange can greatly affect currency rates crypto? I ever read the article on the Internet that Exchange cryptocurrency growing number. until now number of Exchange has 500 and growing.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
July 04, 2018, 12:02:08 PM
#75
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Yes it is because of the demand on the market itself which many countries have their own exchange to be able to directly convert crypto into their currency. Even my country that can be said bitcoin still neutral and even there is still a ban, but with a high demand then the crypto exchange in the country also continues to increase.
member
Activity: 384
Merit: 12
Student Coin
July 04, 2018, 11:04:23 AM
#74
I like the current progress of exchanges because it is good to see that there's more is coming meaning to say we can see the best one and the more that there are new exchanges are coming the competition will grow and the better service will become the top priority from them to the investors.
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
July 04, 2018, 10:49:54 AM
#73
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

Prices of cryptocurrencies will be rising with wider adoption, and of course the fact that exchanges are growing in number contributes to faster adoption big time. I think there are much more exchanges in the world than that you are telling of in your post. There are more than 100 crypto exchanges in my country alone and I live in a small Eastern European country. And yes, this means that cryptocurrencies are being acknowledged widely than ever before these days. We are standing on the verge of mass adoption today.
full member
Activity: 476
Merit: 105
July 04, 2018, 10:18:31 AM
#72
It is not surprising that the number of Crypto exchanges are constantly increasing most especially those local exchanges yearly, business is business after all and the world of crypto is not an exception to that, however, it doesn't mean the quantity is increasing it will be the best beneficial factor to affect the prices of all cryptocurrency, it may do something or not at all, local exchanges for example can reach out those people who are unaware about cryptocurrency.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
July 04, 2018, 10:15:32 AM
#71
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations.

This can also be the sign of more players in the crypto space trying to get more money from the users, don't you think some of them are run by government itself?  I have the feeling like they are all up to get more information from users, they may not require KYC for now but sooner when our tokens are worth millions, they may start asking passports and drivers license or else they'd freeze our account.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
July 04, 2018, 10:04:31 AM
#70
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations.
full member
Activity: 658
Merit: 101
July 04, 2018, 10:02:01 AM
#69
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
that means opening exchange is profitable and it makes many company try to build one. I believe build exchange is easier than build a bank. So i do think it might affect cryptocurrency, volume will increase and price slowly will increasing.
jr. member
Activity: 225
Merit: 2
July 04, 2018, 10:01:12 AM
#68
This is a good news for us users because as long as the cryptocurrency traders exchange different kind of digital currency into one another then its value becomes high and in demand.
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