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Topic: New Exchanges Are Coming? But It is OK? - page 4. (Read 2629 times)

full member
Activity: 438
Merit: 100
November 03, 2018, 06:32:20 PM
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
It couldn't affect anything if there is more exchanges, new exchange must be proove their own platform before many user would trust on it the volume would stay remain even of they are seperated it will be count as one, there is nothing to worry about everything would take place.
full member
Activity: 714
Merit: 101
This Is Promissing Project
November 03, 2018, 06:22:29 PM
that's what I'm still confused about, why every time there is a new altcoin there must be a new exchange, what does it not become a volume separation, I am worried because this bitcoin is increasingly abandoned by interested people, because the more exchanges the bigger the fraudsters can do with the exchange.
jr. member
Activity: 225
Merit: 1
November 03, 2018, 06:08:57 PM
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?

In my end more Exhcangers are welcomed but in other words let them be legitimate and secure so funds won't go missing. It's a welcomed development into the atmosphere of CRYPTO.
member
Activity: 243
Merit: 10
November 03, 2018, 05:48:24 PM
I think those new exchanges are not very attractive and don`t have too much potential to swipe the volumes which would really affect the market in general. So it is not too relevant in my opinion.
full member
Activity: 627
Merit: 103
November 03, 2018, 05:40:52 PM
I think we don't have any problem with the new exchanges if they bring something new or exceptional. A lot of exchange based ICOs are preparing to come or launch in the crypto market, a few days ago extoke exchange scammed! So, Every new exchange shouldn't be welcomed by us. We should look carefully before going with new exchanges as we have plenty of legitimate exchanges.
jr. member
Activity: 518
Merit: 1
November 03, 2018, 05:44:05 PM
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
Competition is always welcome to bring better services. As the market is very new, this trend of new exchanges will still prevail, however in the coming years the tendency is for this movement to decrease and a consolidation, with the purchase and the merger of companies, starts
member
Activity: 322
Merit: 17
November 03, 2018, 05:07:43 PM
I see that increasing exchanges has many positive aspects
It increases competition
Whales are prevented from dominating the market
And helps to spread the idea more.
member
Activity: 241
Merit: 10
November 03, 2018, 04:56:29 PM
I think that yes it is ok why not? what is the problem? i don't see any problems at the moment. the more, the better. we can choose the best one and to enjoy its advantages and special opportunities
newbie
Activity: 125
Merit: 0
November 03, 2018, 04:37:36 PM
I think as long as better alternatives are coming out it's a good thing. This will make other big exchanges to answer the needs of the communities.
member
Activity: 245
Merit: 10
November 03, 2018, 04:32:49 PM
I think this does not cause much disadvantage for bitcoin. More and more exchanges new  and this is how the market grows and expands. Investors have many options for their investments to maximize profits. That has helped the world of electronic money grow stronger.
member
Activity: 406
Merit: 10
November 03, 2018, 04:22:58 PM
The crypto market is very new and therefore the more exchanges the better for the dissemination of the use of cryptos worldwide. Competition will stimulate better services and lower fees to be charged to investors.
member
Activity: 224
Merit: 10
November 03, 2018, 04:20:31 PM
everything will be fine, with the increase of the exchanger that means more choices can be chosen by investors and traders to buy, they can compare prices and will definitely attract new investors.
copper member
Activity: 381
Merit: 0
November 03, 2018, 04:11:34 PM
For me, I do consider it a good thing that plenty exchanges are coming up, this will make the system much more viable and free... It also creates room for more awareness to further push the crypto world. However, everyone has to be very careful with newer exchanges as a lot of scams have been integrated to exchanges.
full member
Activity: 378
Merit: 100
November 03, 2018, 03:40:16 PM
That's a good thing you can't look at it.We are developing and we have a great future.The more means of implementation, the more opportunities there will be.
full member
Activity: 410
Merit: 100
November 03, 2018, 01:57:31 PM
In General,this is certainly a good sign,saying that the cryptocurrency is developing and requires new resources.I think it will have a positive impact on the market.On the price of coins is not affected, but the price for the transfer and exchange operations may be affected.If there is competition between the exchangers,they will try to create more attractive conditions for cooperation.
jr. member
Activity: 295
Merit: 1
November 03, 2018, 01:41:28 PM
I think a lot of new exchanges now because every country has its own exchange, like in Indonesia they have 3 exchanges and maybe there will be many new exchanges in the future if people in each of those countries start to plunge into the world of crypto.
jr. member
Activity: 252
Merit: 4
October 22, 2018, 07:36:10 AM
We also think it is fine. Another very interesting development is that exchanges group together, so that the order book you see at one exchange is actually the aggregated order books of several different exchanges. This is done in order to increase liquidity, and we think that's a great development.

The interested crypto-enthusiast can note that we have the biggest list of cryptocurrency exchanges (old and new) in the world. We list almost 400 different exchanges with data on fees, deposit methods and more. So, check out our Cryptocurrency Exchange List!

All the best,
Cryptowisser
full member
Activity: 742
Merit: 103
October 22, 2018, 06:24:30 AM
The number of new projects that appears every day, including a large number of exchanges, is evidence that the cryptocurrency market ecosystem is constantly expanding. This is a good sign and it speaks of the increasing sustainability of this segment of the economy in the world.
newbie
Activity: 57
Merit: 0
October 22, 2018, 06:51:41 AM
More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.

Couldn't agree more
jr. member
Activity: 243
Merit: 2
October 22, 2018, 06:21:44 AM
That’s one of the factors that im thinking as time goes by specially ICO projects that seems to be just the same, thats why uniqueness of an ICO is important also just like its features. Its just a matter of the company’s goals and service to make people loyal to it.
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