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Topic: New Exchanges Are Coming? But It is OK? - page 8. (Read 2629 times)

newbie
Activity: 194
Merit: 0
August 27, 2018, 03:52:12 PM
#86
I believe that the emergence of new exchanges (honest) is a big plus for the crypto industry. This is a popular crypto currency. That's cool Grin
full member
Activity: 378
Merit: 108
August 27, 2018, 01:34:09 PM
#85
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?
I think the lunching of many exchange platform as no effect in market price rather it boasting market price if assume with the latest increased in different ICO with different coin today only one or today exchange are i guess it won't be really easily to manager, because even with many exchange around us some time speed of does exchange are not encouraging, so the fate is lunching new exchanges will really benefit the day to day cryptocurency trader and also reduce bug encounter during trading or platform registration.
hero member
Activity: 840
Merit: 520
August 27, 2018, 11:14:50 AM
#84
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 point of view new exchanges will open more gateway for its users as we all know that all the forms of crypto currencies are becoming very vast and are making their reputated place in the economic market so the demand of new exchanges are also increasing as more and more crypto transactions are taking place and according to me , the opening of new exchanges will inflate the valuation of bitcoin and this is even beneficial to those countries also where bitcoin and other crypto currencies are banned.
full member
Activity: 588
Merit: 100
August 25, 2018, 04:24:36 PM
#83
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 opinion I think it is not bad for more exchanges to exist. The cryptospace is now growing and expanding and we need to get secured for the incoming future expansion. So if many exchanges come into existence to serve the community it would be good (but of course i mean the good exchanges not just any exchange).
The situation that happened to Binance last year showed we weren't prepared for a huge trooping of masses.
full member
Activity: 403
Merit: 100
August 07, 2018, 09:44:59 AM
#82
exchange sites competitions can make your coins/tokens price higher, but the worst is, some of them are let says not trusted to use or has a low reputation to have our trust. although some of them has a better offers to use the sites. we are prone on hacking if we do a lot of trade in separated exchange sites.
full member
Activity: 406
Merit: 100
August 07, 2018, 09:39:17 AM
#81
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?
though there are lot of exchanges coming from now where I'm not confident to do trading with them even they are claiming low charge fee and high security i'm just only doing trading to exchanges where i think already proven secured and have good reputation such as kucoin, binance, coinbase and hitbtc
newbie
Activity: 30
Merit: 0
August 07, 2018, 09:20:52 AM
#80
new exchanges are launching but they are not getting more investors, we need to do proper research is this exchange safe or not or its a scam. because security is a big concern for exchanges and investors. most of new exchanges get fake volume and market cap to attract new investors and than they scam peoples. new exchanges is good for crypto future but legacy is much important thing.
full member
Activity: 640
Merit: 104
August 07, 2018, 09:05:54 AM
#79
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?

I thought it would be fine because the more exchanges would be better for us, I would have issued a lot of tokens without exchange and that made us difficult to withdraw them.
hero member
Activity: 2646
Merit: 686
August 07, 2018, 08:58:47 AM
#78
I don't understand why would one consider investing in a exchange especially a new exchange, considering major scams happen at reputed exchanges so investing in a new one is a no go. I have often suggested not to park your money in a exchange it's dangerous, and no exchanges cannot effect the prices but if it goes scam it surely can pull it down.
legendary
Activity: 1988
Merit: 1768
August 07, 2018, 08:56:34 AM
#77
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?

With all new exchanges I would first careful. Many exchanges have disappeared when customers have made enough deposits. You should already inform yourself correctly about a new exchange and see who operates it. Also, you should not store any coins longer than necessary there. In addition, you should first use small amounts to test the exchange. Of course, many exchanges are legitimate and reliable, but some of them are certainly untrustworthy. Caution is always good.  Wink
member
Activity: 395
Merit: 14
August 07, 2018, 08:52:25 AM
#76
More  option if we have  lot's of exchanges  because we have lot's of  alt coins today  Smiley   as they say if  they don't  reach  volume    it will  not  be added  in the exchanges. Just be  carefully   Wink
sr. member
Activity: 868
Merit: 265
★Bitvest.io★ Play Plinko or Invest!
August 07, 2018, 08:37:34 AM
#75
I think centralized and zero commissioned exchanges will have great popularity in the future. There are a few exchanges working in this area. I think we can hear their names in the future.
newbie
Activity: 112
Merit: 0
August 07, 2018, 08:35:19 AM
#74
More exchange will let trader and investor have more chance to choose, and competition will make market develop. Exchange with low quality, not reliable, high cost...will be remove
full member
Activity: 504
Merit: 100
August 07, 2018, 08:20:26 AM
#73
For me, it is ok even if there are many new exchanges hhat are coming out. As long as those exchanges are good. So that there will be a competition between any other exchanges. And i think it will help grow the price of cryptos.
newbie
Activity: 30
Merit: 0
August 07, 2018, 07:58:15 AM
#72
if you see that development is so rapid and many, I think that is very good. Because that way, means crypto currencies are increasingly in demand. Even though the prices are different from one another.
full member
Activity: 532
Merit: 107
August 03, 2018, 10:15:57 AM
#71
No matter how many new exchanges come every month, if there is not volume, then bitcoin will have no benefit from it. Bitcoin volume comes from top 5 exchange, rest of just a bit of support. So we need big exchange like nasdaq to gain volume.
newbie
Activity: 31
Merit: 0
August 03, 2018, 10:02:53 AM
#70
my opinion is,maybe many exchanges are coming but they are not good potential.so we should be careful about new exchange. new exchange can't effect for market rate I think.becouse not much peoples to trade in new exchange so that volume is no large. that is the main issue I think.
newbie
Activity: 90
Merit: 0
August 03, 2018, 09:08:57 AM
#69
In the event that more noteworthy new change in my part the higher and we get various change options, yet should be mindful so as to pick the new change because of the reality heaps of most recent change a sham, I select the substitute this is vintage and as of now has an extraordinary prevalence comprehensive of poleniex, binance and numerous others.
newbie
Activity: 63
Merit: 0
August 03, 2018, 09:04:40 AM
#68
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?
Yes it was okay it was depends on the project where they are going to be listed and new exchange must need to proove their platfom to get trust in the community if they had bad impression do you think they will accept it? Ofcourse not right ? They will still choose the best exchange to get listed so that they will have a good feedback in return.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
August 03, 2018, 09:00:35 AM
#67
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?

I believe its better to have many exchanges so that hoarding and centralization of market would become diminished and eventually be gone. After all, its what we love about cryptocurrency, the decentralization. This will give people more choices and exchanges would become even better because of the competition in the market in which will not exist if few exchanges are in the industry.
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