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Topic: Some Bitcoin Exchanges Might Die in 2015 (Read 2435 times)

sr. member
Activity: 256
Merit: 250
January 10, 2015, 08:45:10 PM
#30
Everything will die one day   Cool
sr. member
Activity: 364
Merit: 250
January 09, 2015, 03:51:05 PM
#29
All exchanges are always under the risk of getting hacked or insider theft.

banks, stores, shops, money-exchange centers are too... and not only via internet, but by guns too  Grin Roll Eyes
legendary
Activity: 1067
Merit: 1000
January 09, 2015, 10:48:29 AM
#28
All exchanges are always under the risk of getting hacked or insider theft.
sr. member
Activity: 256
Merit: 250
January 09, 2015, 08:36:53 AM
#27
I hope the abomination named paycoin will be closed down as soon as possible.
is paycoin an exchange ?
legendary
Activity: 2604
Merit: 1036
January 09, 2015, 08:27:35 AM
#26
I hope the abomination named paycoin will be closed down as soon as possible.
sr. member
Activity: 252
Merit: 250
January 09, 2015, 08:19:32 AM
#25
things come and go
sr. member
Activity: 256
Merit: 250
January 09, 2015, 08:18:03 AM
#24
Bitstamp user will run away or almost of them .
legendary
Activity: 1862
Merit: 1015
January 09, 2015, 05:36:41 AM
#23
Hello ,
According to this topic : http://www.coindesk.com/bitcoin-exchanges-might-die-2015/
what did you think ? and why ?

I really appreciate those comments. But as long as the exchanger keep making high volume trading, we can believe that exchanger will keep alive as long as we keep using them
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
January 08, 2015, 07:42:22 PM
#22
Vauge words: "Some" and "Might"....

I guess they want to be able to back pedal.

I think there will be exchanges that will fail. That is just how markets work. Not all businesses are successful. Most of them that die are due to mismanagement.
sr. member
Activity: 256
Merit: 250
January 08, 2015, 05:40:34 PM
#21
Hello ,
According to this topic : http://www.coindesk.com/bitcoin-exchanges-might-die-2015/
what did you think ? and why ?

lol
I think more exchanges will steal all founds and owners go on the run then they will die natural death.

Yep just like Bitstamp try to hide some coins  Cool
newbie
Activity: 22
Merit: 0
January 05, 2015, 08:33:25 AM
#20
I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

Only bad ones that are run badly deserve to die, but I don't trust half of them with my money, but this is why we need decentralized exchanges with little to no fees and you don't need to keep your money with a third party.

Don't worry, decentralised exchange is definitely coming.  Have a look at AT and coins like Burst and Qora which are, or will soon be, supporting it.  Cross-Blockchain transactions will be happening very soon, directly peer to peer.

This is exactly what we need and is all in the original spirit of bitcoin. As much as possible should be decentralized. Too many unnecessary companies get involved and try to take their cut and all these fees add up over time. Can't wait for what the future holds for bitcoin.
sr. member
Activity: 500
Merit: 250
January 05, 2015, 07:47:09 AM
#19
Well , it didn't take long for one to start bleeding...
Q7
sr. member
Activity: 448
Merit: 250
January 05, 2015, 06:18:49 AM
#18
Good for their business but not for us and bitcoin as a whole. Volatility is the one that is putting off people and legitimate business establishment to widely accept bitcoin especially those that operate on narrow profit margin. Instead they attract speculators and punters who basically don't care what is going to happen to bitcoin except on how to fill their pocket with easy money.

Also, I don't understand how exchangers can go bust. The service alone on each and every trade will net them money. What is that for them to lose? It's either making "more" money or "not enough" money. Sigh....
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
January 05, 2015, 05:36:05 AM
#17
Small ones will be "eaten" by bigger ones
legendary
Activity: 2730
Merit: 1288
January 04, 2015, 07:46:18 PM
#16
Hello ,
According to this topic : http://www.coindesk.com/bitcoin-exchanges-might-die-2015/
what did you think ? and why ?

lol
I think more exchanges will steal all founds and owners go on the run then they will die natural death.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
January 04, 2015, 07:22:02 PM
#15
I don't see why any exchange would die, only that the smaller ones will be gobbled up by the bigger ones, but there's nothing wrong with that. In many activities, you need to reach a certain mass to be profitable. BTC exchanges are no different.
sr. member
Activity: 364
Merit: 250
January 04, 2015, 05:19:58 PM
#14
The obvious, because the price of the currency falling too much
exchange no profit
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
January 04, 2015, 04:41:39 PM
#13
Business competition is a game of survival of the fittest...only the strongest will survive. This news doesn't concern me at all, in fact fewer exchanges will ensure a more accurate price for everybody.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
January 04, 2015, 02:20:06 PM
#12
I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

Only bad ones that are run badly deserve to die, but I don't trust half of them with my money, but this is why we need decentralized exchanges with little to no fees and you don't need to keep your money with a third party.

Don't worry, decentralised exchange is definitely coming.  Have a look at AT and coins like Burst and Qora which are, or will soon be, supporting it.  Cross-Blockchain transactions will be happening very soon, directly peer to peer.
sr. member
Activity: 338
Merit: 250
January 04, 2015, 12:48:22 PM
#11
I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.

Only bad ones that are run badly deserve to die, but I don't trust half of them with my money, but this is why we need decentralized exchanges with little to no fees and you don't need to keep your money with a third party.
legendary
Activity: 3248
Merit: 1070
January 04, 2015, 11:36:34 AM
#10
as long as there is a big volume, the price doesn't matter much, the exchanges can remain alive, at least the big one
legendary
Activity: 1610
Merit: 1183
January 04, 2015, 11:15:11 AM
#9
Because p2p exchanges are comming, in a few month we could be using coinffeine
Im still not aware on these. How safe are these p2p exchanges? is it all encrypted?
I have some coins in poloniex.. should I withdraw? I still trust polo..
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
January 04, 2015, 10:54:49 AM
#8
Because p2p exchanges are comming, in a few month we could be using coinffeine
sr. member
Activity: 364
Merit: 250
January 04, 2015, 10:05:32 AM
#7
Why? Because BTC is going low (at least now). And if they have lets say 1% tax on all transactions, than thay will gain less money and they will die. And if they raise tax than users will leave and they will die... Smiley
sr. member
Activity: 481
Merit: 250
January 04, 2015, 10:03:24 AM
#6
Not only bitcoin exchange might die, even pool operator and miners are dieing 1 by 1 due to lower fees and negative profit. Hope the profit would come back like in 2014 1st quarter.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
January 04, 2015, 08:46:44 AM
#5
I think almost all of them deserve to die. We have no way of knowing what any of them are truly up to and it's not acceptable. The sooner some transparent and properly run and backed exchanges pop up the better.
member
Activity: 115
Merit: 10
January 04, 2015, 06:34:50 AM
#4
Some Bitcoin Exchanges Miners Might Die In 2015
sr. member
Activity: 256
Merit: 250
January 04, 2015, 01:56:29 AM
#3
Quote
“Bitcoin volatility has gone down because of the growing ecosystem. There are more sophisticated players who are doing more hedging and providing more liquidity to the market.”
The price of bitcoin is in the trend of becoming stable. The exchange cant alway rely on the sole trading service to generate revenues and has to diversify their revenues source.

May be
hero member
Activity: 574
Merit: 500
January 04, 2015, 01:42:47 AM
#2
Quote
“Bitcoin volatility has gone down because of the growing ecosystem. There are more sophisticated players who are doing more hedging and providing more liquidity to the market.”
The price of bitcoin is in the trend of becoming stable. The exchange cant alway rely on the sole trading service to generate revenues and has to diversify their revenues source.
sr. member
Activity: 256
Merit: 250
January 03, 2015, 10:17:39 PM
#1
Hello ,
According to this topic : http://www.coindesk.com/bitcoin-exchanges-might-die-2015/
what did you think ? and why ?
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