Topic: Cryptocurrency exchange got bigger - page 4. (Read 705 times)
We can not stop developers from doing that. With alts being made for different projects, there is a sure proportional or direct effect on the exchanges. Though I see exchanges as opportunities and services open to everyone, there is always that feeling of anxiety along with the risks of loosing some amount if not legit. I personally think that exchanges is like lt-coins has their possibility that it wont be successful. E
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?
Of course having more exchange could affect the prices of cryptocurrency because every echange will compete to each other just to have more demand to their exchange and the possible result the price of cryptocurrency will be better. But it is still depends on a kind of that listed on their exchage and how many demand are in this kinds of coins.
it is true if cryptocurrency is more recognized at this time, but also many who want to drop cryptocurrency. these people will continue to make negative news about cryptocurrency.
Like in the time of Gold Rush, there are so many companies open to sell products to mine Gold. It seems happening as well that exchanges serves as platform in order to trade the token/coin being earn or mine. I think there is a possibility that mass adoption is soon going to happen as more exchanges being established. Let us be positive.
having more exchanges has both its advantages and disadvantages. For example in recent months many exchanges got hacked and market experienced a fall which affected all the coins, not only the stolen ones. On the other hand having more exchanges mean that more people would have the chance to invest and more liquadity of money will be possible.
With the crypto currency exchange increasing in number, we can say cryptocurrencies is being acknowledged better now than before cause back in the early 2016 it usually take 2 business days before I get the bitcoin I buy through fiat or sell but now I get the transaction in few hours. This mean cryptocurrency is progress and gain more acknowledge.
The more Crytocurrency exchanges I think the better, because with the addition of Crypto Exchange that means Cryptocurrency already recognized in that place. but in my opinion that affects the price of crypto coins not because of the large number of exchanges, but that affects the price is the demand and supply of Cryptocurrency coins. tp with the increase of this exchange, will certainly make us will have more options, in which market we will trade.
I think it somehow affects the prices of the ceyptocurrencies because the demand on that exchange matters to the market. And it is actually okay if exchanges got bigger in number because that only goes to show that the supply and demand on these cryptocurrencies are growing in number too.
I think it should be positive to having more exchange to establish many transaction of it. Right now there has a lot of coin that circulation of the exchange has doing great. With that it can help crypto circulation
It also means that there are lots of options where to go to buy cryptocurrencies, there are exchanges that aren't being used because they don't have any exposure and not tested by anyone yet. Some may even be scam only. Some exchanges collects data from us asking KTC too. This can be alarming when most of us are trying to be anonymous, they are gradually making a database. I'm not gonna be surprise if big exchange will acquire the smaller ones only to collect data.
The number of exchangers is growing but I can not say that among them there are worthy of attention exchangers. TOP 10 most popular exchangers are the best and I do not see the point to use others. Using a new exchanger is always a risk. I think that most of them will close and eat users who at this moment will use their services will not be lucky.
More exchanges site it means crypto currency are improving and become popular in many places. And also it means there's a lot of people that using crypto currency.
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?
well yeah, having so many popping exchanges out there is a good thing for both bitcoin and users, more exchangers means more options and choices for the users, this will eventually results in low cost of exchange fees and will increase users that will demand bitcoin, more demands means higher prices, surely be profitable for the traders and users.
Yes! that can be one of the factor that we can say that crypto's are being acknowledged everywhere because of the growth in numbers of exchanges and ventures coming up to make their own exchange.
Having more than one exchange can have significant impact and makes the price different through volumes and that makes the dominance of a coin greater if there are many exchanges accepted it.
Local exchangers are now popular to be as a way to cash out crypto profits and they are expanding because of the growth of users too, this is clearly stating that there's a massive adoption.
Having more than one exchange can have significant impact and makes the price different through volumes and that makes the dominance of a coin greater if there are many exchanges accepted it.
Local exchangers are now popular to be as a way to cash out crypto profits and they are expanding because of the growth of users too, this is clearly stating that there's a massive adoption.
with the local exchange, it allows everyone to have a wide gateway, for those who want to join the cryptocurrency community
I am very happy with the local exchanger, which helps everyone to buy BTC easier
I am very happy with the local exchanger, which helps everyone to buy BTC easier
that's good news, it shows that bitcoin has been well received in all countries.
and in my opinion that would not affect the bitcoin price at all.
as more and more markets will trade more and more traders and trading options.
and in my opinion that would not affect the bitcoin price at all.
as more and more markets will trade more and more traders and trading options.
I think a lot of better and easier exchanges you do and so many good coins, you will also be easier to make a profit in a short time, you can go in the binace, hitbtc, and bittrex market there you will more easily get every day fortunately, by waiting for a lower price you can get and sell by waiting for a higher price.
not entirely that it affects the price of crypto. precisely because the greater the exchange, making the token that will launch, takes longer than before. maybe in the future, can split the exchange site, so as not too crowded. for the price issue, the most influential is supply and demands.
That is a good news. More andore exchsnges means more and more people are using crypto currencies. More people using crypto currencies means more demand for it. More demand means a higher price. I just hope that this continues more and more and more and more people use crypto currency not as an investment but as money to exchange for goods and services.
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?
This is quite refreshing and motivating. This will probably attract more investors in crypto world and again will eventually lead to increase in price again.
Exchanges make more money when there's more trading activity, which necessitates more traders. Having more exchanges doesn't necessarily help that. Access to exchanges isn't what's preventing the price from rising at this point. There are enough exchanges that nobody is at a dearth for access and the biggest exchanges are already submitting themselves to regulatory oversight in a bid to increase confidence in the system.
Let them be more, but the quality of this will not improve. And the prices, in my opinion, will grow a little from the beginning, and then the "era of stability" may begin.
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