if we talk global, the way you are still not big enough
but if you look for a country, yes that's big enough
one project that success in a country can expand to another country, but in this forum i see every people make their project for their hometown area and language
too many new project means so many new developer use BTC and it's good
Topic: Too many project on crypto exchanges / decentralised exchanges (Read 128 times)
December 15, 2017, 12:42:22 PM
I think I have seen some recent ICOs about decentralized exchanges suc as: Algory, Bitmore, Gexcryto...The idea is nice, I'm not sure could they be competitive with current exchanges which have top volumes like Poloniex, Bittrex and Bitfinex, but hope they could have successful crowdfunding.
December 15, 2017, 12:12:29 PM
In a way, I do agree more competition benefits the users. But not so for investors in ICO. Most of the projects has long time to go before the actual launch.
Those invested in ICO may not see returns for many years or simply lose their investment as these exchanges struggle to gain traction.
Those invested in ICO may not see returns for many years or simply lose their investment as these exchanges struggle to gain traction.
December 14, 2017, 08:35:38 AM
well i think we need them. all of them might have the same objective but the ideas being used are different. having many ICO planning to have exchange platform when we already have similar exchanger is not the problem. you can check bittrex, polo, bitfinex, binance and others. you will see they have some differences. one different is the transaction cost. many people dont like etherdelta due to High transaction cost which is very important to traders. having many exchangers will reduce monopoly
December 14, 2017, 08:06:42 AM
I have been following some of the recent and past projects and can't help thinking there are simply too many projects on some form of crypto exchanges each claiming to have some desirable functions and features. Does the crypto world really need them ?
Those already completed ICO such as kyber or recently concluded such as leverj. Many more doing crowdsale now such as algory, bitmora, coinlion.
plus we have so many exchanged now such as bittrex, polo, bitfinex, binance etc.
Is there room for more of them?
Those already completed ICO such as kyber or recently concluded such as leverj. Many more doing crowdsale now such as algory, bitmora, coinlion.
plus we have so many exchanged now such as bittrex, polo, bitfinex, binance etc.
Is there room for more of them?
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