Topic: New Exchanges Are Coming? But It is OK? - page 9. (Read 2629 times)
those exchanges which start with airdrop of their exchange token will completely become dust after several week, so no effect to crypto market volume. also traders will always go to the safer and more crowded exchange
I also think that it's quite ok. If a person have an idea in this area, then why shouldn’t he/she try? It's not always possible to predict which project will become successful. But I'd still give preference to reliable and time-tested exchanges, like cex - https://cex.io/. So, good luck to new platforms, let them do their best 
Personally I don't see anything bad in these new crypto exchanges, which are entering the market. Such situation only shows that cryptos are in demand and crypto platforms are needed too.
No sense to open one new exchanger every month, cause we don't have enough people in this world yet.
If people want to start their exchange then let them start their own. I don't see anything wrong about it. These exchanges can be compared to gambling sites you see a lot of them are being announced left and right because both of them make money from their customers. Not having enough traders shouldn't be a problem for the majority since we are not operating our own exchange. New exchanges are okay since we can't really stop anyone from having their own exchange. Volume is not something i'm worried about because there are still new coins being mined plus the price of several coins are increasing yearly.
Its ok to have new exchanges coming in so longer the tend to be more better more reliable effective free from scam and having more security its not bad news its growth coming into the world of cryptocurrency
I will welcome legit and no-scam exchanges so that more and more people gets access to crypto.
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?
Why not? Binance is on the way to making $1 Billion profits (https://news.bitcoin.com/crypto-exchange-binance-expects-up-to-1-billion-profit-in-2018/). So there's still a lot of money to be made eventhough we already have a lot of exchanges. Yes, competition will be tough but the real winner here is us, we now have so many options at our hand and we can freely choose which exchanges we gonna put our money with. If some exchanges turns out to be a scam, then so be it. But if you remember Mt. Gox, we only have which took the bulk of the trading volumes that time and we already know what happened, and after that the bear season started and its just in the last couple of years that we truly recovered. And as long as people are willing to pour money into the crypto ecosystem, I think more exchanges will be born in the next years or so.
i don't think we need more exchangers. Most of them are ridiculous and "scams". We just need 3-4 exchangers + maybe some more decentralized exchanger in the future, nothing else.
No sense to open one new exchanger every month, cause we don't have enough people in this world yet.
No sense to open one new exchanger every month, cause we don't have enough people in this world yet.
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?
if many new cryptocurrencies arrive it will give new view and give new currency value and this gives new challenge for bitcoin users and the cryptocurrency is causing bitcoin up and down.
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 suppose it's okay that we see new currency exchanges. A lot of these exchanges will be released but the main challenge for them is to survive the cut throat competition in the crypto industry. 
A large number of exchangers is good. Because we have a greater choice. But in the future it may happen that most of them will close with other people's money ... so I would not invest a lot of money in small exchangers.
It is okay as they will compete with each other and continue to improve to be the best. It's good that the volume is being spread rather than only on one exchange as we've seen what happened when mt.gox get hacked. They can create new exchange but only the good one that will stay.
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?
Better if the volume spreading than it concentrate just on few big exchanges only. Small exchanges is important too.
There are few big exchanges require minimum deposit and for peoples who cant afford this requirement, can use smaller exchanges.
I think it is good to have many exchanges, the more options we have, the more we can decide which exchange to trust our tokens to. We just need to be careful cause there are some new exchanges which happens to be scam and we don't want to be involve with those exchanges. Better choose trustworthy exchanges for our own safety.
The reality is that e-money is obviously unstable because of the relatively small size of the market. As market capitalization for electronic money increases, it will be followed by the stability of electronic money. And once that happens, they are more likely to be stable than government-issued banknotes.
I think it's good for many exchanges and still if it's safe and good no matter, many new companies are getting more competition / competition
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?
For me, it is the best because the adaption of cryptocurrencies are increasing, so there will be no problem at all, but they should secure their exchanges because most of dumps nowadays because of hacks on different exchanges, that's why they should very strict to their security policies.
Well, most of these new exchanges that are coming into existence do not only deal in cryptos. Some add commodities and others express their vision in a different way which depicts that they want to add something new. With regards to whether this can affect prices, yes it can. I have read quite a number of whitepapers and most of them are interested in a decentralized exchanges.
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?
of course it will affect us will be difficult to determine that the tokens will survive or not and will be more difficult if you want to invest in their token / coin because not tested unlike other coin. 
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?
My own major feeling of accepting rooms for more and more exchanges is to create the choice of competition and variety of choice for traders. When there are few of them, we have them having stringent rules for withdrawals and trading commissions I.e the hitbtc and docademic cheating issue.
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