Topic: Market development (Read 380 times)
Just seeing an increase in trade volume does not mean that we are developing rapidly. Just a group of few whales can cause the trade volume to rise significantly. We need to see the practical use of crypto currencies. People will have to use it on daily basis do do their transactions like they do with fiat currency. In this way we can see the full potential of crypto currencies which in turn will allow us to develop the market in full terms.
the current situation of crypto in market is low but definitely it will increase soon and make every investors happy.
what I don't quite understand about binance is why do they need decentralized exchange, which they are apparently working on, and their choice of Uganda as a FIAT gateway seems a little odd
Well, one thing as I am seeing now is that they may just want to simply cut across every possible means of making a lot more and servicing the users of the space. I cannot tell yet how this whole decentralized exchange will work out compared to the rest we have already today, but let's hope binance do have something up their sleeve they want to bring differently as they have never seemed to amaze so far anyway. That with Uganda is not actually odd, it is pretty much of a business sense, which I am pretty sure they are only take advantage of the fact that a lot of them are unbanked, so seeing an opportunity in such zones is good for quick spread of tentacles anyway. Hi friends!
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
as bitcoin and altcoin are use alot of people around the world, they will be buy and sell them crypto for anything life. comunity of the year must be grow up, because news always make it posible. The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
if the service provided by binance continues and users increasingly believe, they will become giant exchanges in the crypto world, and this is very beneficial for all parties because during my trading at binance I have never experienced a serious problem. binance will make a major contribution to crypto trading and this is what I call good for both parties, namely binance and crypto users
With the way things are going with this exchange now, I already see them becoming the giant when it comes to globally used exchange. The volume is strikingly increasing every single day; a lot of users prefer it based on its features as well as the low trading and withdrawal fees, and so many other benefits you stand to gain. Now that they are even making attempt to penetrate Africa and even make the unbanked become banked with the usage of cryptocurrency, things are even going to end up explosive in growth for them in the long run.
what I don't quite understand about binance is why do they need decentralized exchange, which they are apparently working on, and their choice of Uganda as a FIAT gateway seems a little odd
if the service provided by binance continues and users increasingly believe, they will become giant exchanges in the crypto world, and this is very beneficial for all parties because during my trading at binance I have never experienced a serious problem. binance will make a major contribution to crypto trading and this is what I call good for both parties, namely binance and crypto users
Hi friends!
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
Well for me and logically based we somehow need to lay low as of now like bitcoin do, because now the currently state of bitcoin is quite low and the demand too is to low because of the price, i hope in the next year , we get some or we see some greater prices, but still a theory that not yet concluded still looking forward for it's success.
However, there is actually no doubt that Binance is one of the top notch exchanges we have in the space right now, great features for trading, as well as very fantastic fee which has made a lot of traders to consider it a very good option when it comes to trading cryptocurrencies and most especially for high volume day traders most especially but that does not change the fact that volumes are manipulated.
Binance is what most of the users are using right now, I think there is a fact of the huge volume they record. The market these days are just not so bearable to look at but for someone who is looking to profit in the future, this is a good indication for them to get into crypto. If the bear continues to roll til the year end then I guess there will be longer months to wait before the bulls takeover.
Hi friends!
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
Well for me and logically based we somehow need to lay low as of now like bitcoin do, because now the currently state of bitcoin is quite low and the demand too is to low because of the price, i hope in the next year , we get some or we see some greater prices, but still a theory that not yet concluded still looking forward for it's success.
However, there is actually no doubt that Binance is one of the top notch exchanges we have in the space right now, great features for trading, as well as very fantastic fee which has made a lot of traders to consider it a very good option when it comes to trading cryptocurrencies and most especially for high volume day traders most especially but that does not change the fact that volumes are manipulated.
Hi friends!
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
It seems that because of the recent hash wars, rapid growth does not seem to be happening, instead what happens is the opposite, all markets are flushed up to an uncertain time, even 2019 is also no guarantee that crypto still has a bright market if we look at current conditions
Presently the market is getting worse every day but I'm very sure it would started developing in the nearest future which could be next year.
those exchanges volume numbers you are referring to are artificially pumped by the very same exchanges trading on their own venues
they can't be taken as a serious indicator to measure the cryptonomy health
they can't be taken as a serious indicator to measure the cryptonomy health
The worse thing for me here is that this wash trading is even known, and exchanges in general haven't really denied it, nor are they trying to stop it, since for them, they collect commissions on both ways of wash trading. In fact, with those new exchanges giving trans mining fees, this behavior is now apparently even more encouraged. So we're seeing a lot of fake volumes on these CEXs. So correct, can be taken as indicators, but assume a big portion of it is fake from wash trading.
It is even a lot worst with some smaller exchanges, as they obviously will want to stay on the top list of exchanges anyway, but I want to see how far that would go in the long run.
yep
I actually came across this report https://www.blockchaintransparency.org/november2018 today researching the subject, just look at those pumped up numbers lol
I actually came across this report https://www.blockchaintransparency.org/november2018 today researching the subject, just look at those pumped up numbers lol
those exchanges volume numbers you are referring to are artificially pumped by the very same exchanges trading on their own venues
they can't be taken as a serious indicator to measure the cryptonomy health
they can't be taken as a serious indicator to measure the cryptonomy health
The worse thing for me here is that this wash trading is even known, and exchanges in general haven't really denied it, nor are they trying to stop it, since for them, they collect commissions on both ways of wash trading. In fact, with those new exchanges giving trans mining fees, this behavior is now apparently even more encouraged. So we're seeing a lot of fake volumes on these CEXs. So correct, can be taken as indicators, but assume a big portion of it is fake from wash trading.
those exchanges volume numbers you are referring to are artificially pumped by the very same exchanges trading on their own venues
they can't be taken as a serious indicator to measure the cryptonomy health
they can't be taken as a serious indicator to measure the cryptonomy health
Can't give a number for that but Binance has been showing its great power as one of the market leader in terms of exchanges. And that also shows on how much interest the market is gaining from the new comers and investors of the market.
It will continue no matter how deep we fall for this year. The market is just starting to recover and don't think about the maximum yet because it hasn't come up to this moment.
Honestly, Binance has really been able to show themselves worthy of being in the spot light and they are trying every means possible to stay in that spot light obviously. We have seen the rate at which they have grown rapidly over the years, the way investors have seen them as the best spot to at least trade due to some of the great features and benefits, and of course, this is something a lot of exchanges are not yet ready for.It will continue no matter how deep we fall for this year. The market is just starting to recover and don't think about the maximum yet because it hasn't come up to this moment.
IMHO, I will say Binance is really cutting it perfectly all the way, and they will get to develop more than this, considering the fact that they are even beginning to penetrate Africa.
When was that news about they are penetrating to Africa? I've never heard of that, I only know that they are opening on Malta.
Hi friends!
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
The crypto market is growing and developing. Binance reaches a daily trading volume of $ 1 billion. How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
Well for me and logically based we somehow need to lay low as of now like bitcoin do, because now the currently state of bitcoin is quite low and the demand too is to low because of the price, i hope in the next year , we get some or we see some greater prices, but still a theory that not yet concluded still looking forward for it's success.
Can't give a number for the g that but Binance has been showing its great power as one of the market leader in terms of exchanges. And that also shows on how much interest the market is gaining from the new comers and investors of the market.
It will continue no matter how deep we fall for this year. The market is just starting to recover and don't think about the maximum yet because it hasn't come up to this moment.
Honestly, Binance has really been able to show themselves worthy of being in the spot light and they are trying every means possible to stay in that spot light obviously. We have seen the rate at which they have grown rapidly over the years, the way investors have seen them as the best spot to at least trade due to some of the great features and benefits, and of course, this is something a lot of exchanges are not yet ready for.It will continue no matter how deep we fall for this year. The market is just starting to recover and don't think about the maximum yet because it hasn't come up to this moment.
IMHO, I will say Binance is really cutting it perfectly all the way, and they will get to develop more than this, considering the fact that they are even beginning to penetrate Africa.
If more users come, it will certainly get bigger especially if crypto gains a lot of attention again and more new people come, binance is one of the exchanges which are likely to be recommended. That is ofc, if they did not turned into a shit service at that time.
Hmm. Exchanges are tied to cryptos so I guess It'll be when we enter a bullish market. Where did you get this info about binance anyway? when was it published? and when you say daily trading volume, do you mean its contant? or its like their ATH in just a day? cause you said "How do you think it will reach another maximum before new year," after that.
Hmm. Exchanges are tied to cryptos so I guess It'll be when we enter a bullish market. Where did you get this info about binance anyway? when was it published? and when you say daily trading volume, do you mean its contant? or its like their ATH in just a day? cause you said "How do you think it will reach another maximum before new year," after that.
The crypto market is growing and developing.
I still believe that the growth is still very slow, note that for people living in my country there is no exchange to buy bitcoin using our visa card and in the same exchange we make withdrawals for our visa card, that means we still have a long way to go mass adoption
Binance reaches a daily trading volume of $ 1 billion.
Binance is doing a good job.
How do you think it will reach another maximum before new year, or rapid growth willcontinue next year?
forget ATH for this year and even next year, focus on increasing moderate prices
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