Sorry We are Closed | Bitcointalksearch.org

arjuna BTC

sr. member

Activity: 994

Merit: 250

BabelFish - FISH Token Sale at Sovryn

Quote from: gaj ahmada on May 02, 2019, 10:45:52 AM

Quote from: arjuna BTC on April 22, 2019, 12:34:04 AM

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

actually with many exchange projects being born it will make it difficult for us to make transactions because with more exchanges making coins or tokens will scattered in many exchanges, this will make it difficult for us to transact because we have to register many exchanges

thats maybe one from many reason if we don't need more exchange, because now a lot of exchange born
and the last news about exchange is binance as one from many big exchange being hacked right ?
so, all new exchange should learn from that and make a better security system in their platform

novusordo

sr. member

Activity: 800

Merit: 250

Quote from: arjuna BTC on April 22, 2019, 12:34:04 AM

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

Maybe one or two more exchanges needed but then we should be asking questions like, why are exchange CEOs not answerable to anyone especially investors whose more we're lost. Is cryptocurrency a wild west where all sorts of scams are allowed?

gaj ahmada

full member

Activity: 616

Merit: 100

Quote from: arjuna BTC on April 22, 2019, 12:34:04 AM

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

actually with many exchange projects being born it will make it difficult for us to make transactions because with more exchanges making coins or tokens will scattered in many exchanges, this will make it difficult for us to transact because we have to register many exchanges

vertinfos

member

Activity: 518

Merit: 10

Quote from: swetka on May 01, 2019, 01:24:31 PM

Quote from: Cocoincos on April 30, 2019, 03:31:57 PM

we have bad situation on market, also bad volums, so many projects are closing, but it not end I am sure, hen market will grow they will return

I really hope that the situation will change and new projects will be developed with their new strength, and I also very much hope that the company’s ico market will be revived. Only first of all you need to think about the proper implementation of control over ico companies. To avoid oil fraud.

In the future, of course, many of the projects that are now held in the market and will develop clearly remain , and those coins that wanted to raise money and not develop of course die , now the market actually very little working product in coins !

joromz1226

sr. member

Activity: 798

Merit: 258

Quote from: Cocoincos on April 30, 2019, 03:31:57 PM

we have bad situation on market, also bad volums, so many projects are closing, but it not end I am sure, hen market will grow they will return

We may have a bad situation right now in the market, but this is just temporary only. Due to after this Bull run's next for sure, however while we wait on that time, We should hold our token for awhile. Or in some other way if you know to yourself you are well knowledgeable in trading, well you can apply day trade while your doing hold some of your token.

swetka

full member

Activity: 448

Merit: 100

Quote from: Cocoincos on April 30, 2019, 03:31:57 PM

we have bad situation on market, also bad volums, so many projects are closing, but it not end I am sure, hen market will grow they will return

I really hope that the situation will change and new projects will be developed with their new strength, and I also very much hope that the company’s ico market will be revived. Only first of all you need to think about the proper implementation of control over ico companies. To avoid oil fraud.

Cocoincos

member

Activity: 700

Merit: 12

we have bad situation on market, also bad volums, so many projects are closing, but it not end I am sure, hen market will grow they will return

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: arjuna BTC on April 22, 2019, 12:34:04 AM

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

Yes we need more exchanges, even if there are several good exchanges already we need more because at some point in the future they may decide to apply policies that go against the spirit of cryptocurrencies and if there is no competition then they will get away with it, but if there is competition we can simply move to another exchange that is not implementing such measures, that scenario has already happened before and it will surely happen again.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: andika2018 on April 28, 2019, 08:19:58 PM

Quote from: Teawhalee on April 28, 2019, 07:42:38 PM

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

I am agree with you. Many new exchanger created but mostly just want to collect listing fee from new project. Its a normal but sometimes good project without a larget funds and focus on developing their project can not get a chance to list.

We still don’t have much projects running on blockchain technology that really requires the services of new exchanges, and like you said, some of the projects that would have needed their service are yet to even meet up with the funds they will use to start up the project, and not to talk of having money to register on these exchanges.

If an exchange does not have the required volume or capital to maintain the exchange, then it will definitely shut down, so most exchanges that are planning on coming up, should just wait till we have more successful projects being fully funded and ready to be in action.

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

Quote from: andika2018 on April 28, 2019, 08:19:58 PM

Quote from: Teawhalee on April 28, 2019, 07:42:38 PM

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

I am agree with you. Many new exchanger created but mostly just want to collect listing fee from new project. Its a normal but sometimes good project without a larget funds and focus on developing their project can not get a chance to list.

but if the project seriously devloped by the team,
i'm sure a good exchange will list the coin in the future,,
maybe a lot of exchange born for now, is an effect from IEO, because an exchange who did an IEO will get a lot of benefits from IEO actions
but i believe only a good exchange will survive

andika2018

member

Activity: 700

Merit: 10

Quote from: Teawhalee on April 28, 2019, 07:42:38 PM

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

I am agree with you. Many new exchanger created but mostly just want to collect listing fee from new project. Its a normal but sometimes good project without a larget funds and focus on developing their project can not get a chance to list.

monineklutak

sr. member

Activity: 1890

Merit: 252

The OGz Club

I don't think so, because there are already many exchanges that I think are good and safe to use other than that, if there are more exchanges it will make investment and transactions more complicated because there are some coins that are only listed in new and small exchangers, even I thought they were intentionally registered there with the aim of popularizing the new exchager, while some people didn't like it and only registered in large and trusted exchangers

Teawhalee

copper member

Activity: 482

Merit: 1

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

Well assuming or look at it this way there are way too many that comes and goes and even though there are plenty it just create a means for you to diversify and also better chances at trading since there is low payment and other promos and competition

mamahdedeh

full member

Activity: 812

Merit: 100

www.cd3d.app

In my opinion, there is no need to be born with a new crypto currency exchange project. I think the crypto currency exchange project that is now there is already a lot. We better maximize the exchange of existing crypto currencies only. We make this existing exchange as busy and active as possible. I prefer if this exchange is only centered on one door. We don't need to play on lots of exchanges because the amount of exchange also causes the price gap of the crypto currency itself. So, we don't need to need a new crypto currency exchange because that will only be in vain.

Wittny

jr. member

Activity: 184

Merit: 1

For me more exchange is needed because new projects are coming out daily and they all will surely needs good exchange to list their coin. So more exchange is needed.

Osayo

jr. member

Activity: 294

Merit: 1

Quote from: arjuna BTC on April 22, 2019, 12:34:04 AM

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

I don't believe we need the too many exchanges we have currently in the market. A few good exchanges of say 20 Max is well enough to serve the entire world of cryptocurrency.

bitcoin31

hero member

Activity: 1834

Merit: 523

Other exvhanges site now going to close but it's their choice. Too many exhanges site born in crypto is good as long their are legit and not scam because if we saw some exchanges site they scam the traders and those funds from the traders they convert into fiat that cause dump also.

samcrypto

sr. member

Activity: 2044

Merit: 314

Vave.com - Crypto Casino

Quote from: mrdeposit on April 27, 2019, 02:34:23 PM

Quote from: zarintasnim on April 27, 2019, 01:02:41 PM

So many exchange are all ready in the industry. And everyday lot of new exchange are coming. We need more safety and easy use to exchange. That can help us involve on trading.

New exchanges don't offer the novel solution for the problems around old exchanges. Just closing the on exchanges is not going to decrease the efficiency of the cryptosystem, to be honest. There are a lot of exchanges do the same thing.

New exchanges are almost the same with the old ones so better to use trusted exchanges. This is a sad news actuslly since its the third largest cryptoexchange in South korea but didn’t manage to stay on top. Korean’s are more ok than to any exchanges who are still there even if so many hacking incidents i just hope that they will create a new ecosystem and make business again.

jojohamasa

member

Activity: 392

Merit: 21

Quote from: arjuna BTC on April 22, 2019, 12:34:04 AM

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

We can not prevent the creation of more exchanges simply because it is a decentralized market and there are no laws to prevent it
only the eternal law of economics, which controls all kinds of markets
((Good goods expel bad goods))
let the new enter the market to increase competition and see the best services.

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