Exchange is vital for success in crypto, and the reason why exchanges you've mentioned are successful is because of the demand of bitcoin .
If you look at the list of exchanges in https://coinmarketcap.com/rankings/exchanges/, you will see there are hundreds of exchanges existing, and they are competing with that volume, if Binance, polo or Kraken are not here, it's gonna be other exchange that will be popular but the demand of bitcoin will still remain the same and it's progress is unstoppable.
Topic: What will be the Bitcoin Price If..... - page 4. (Read 706 times)
What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Will it be Zero? Or just as much someone is willing to pay to buy btc
no bitcoin will continue to make progress without help of some exchange such you have mentioned above. Because as long there are some investor keep putiing money on it it will not last wherein yes it will influence on bitcoin growth rate if for example that exchange disappear. but it's just a temporary situation wherein for sure after that bitcoin will accumulate strength again to recover just like what always happen. Will it be Zero? Or just as much someone is willing to pay to buy btc
If no Exchangers from. Where the coinmarketcap Will Take price from?
If i do Private Deal with my neighbour nobody Don't know!
I Don't Still undestood how the exacly the btc price Will be it seems to me that it comes from Only manipulation in Exchangers buy and sell order.
Its all pretty much like a fools game, today someone dictating the price to You and You have to buy it with that price.
If i do Private Deal with my neighbour nobody Don't know!
I Don't Still undestood how the exacly the btc price Will be it seems to me that it comes from Only manipulation in Exchangers buy and sell order.
Its all pretty much like a fools game, today someone dictating the price to You and You have to buy it with that price.
Cryptologist not held only by one binance. He has achieved such heights in just 2 years, and even if it will not, there will be other giants of the market for the exchange.
What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Will it be Zero? Or just as much someone is willing to pay to buy btc
Will it be Zero? Or just as much someone is willing to pay to buy btc
No, bitcoin will not be going to zero as if people have an interest in one thing, they will use the other way to make it happen. Maybe we will see another exchange that will help bitcoin and altcoin grow like today and who knows, with the other exchanges, the cryptocurrency can grow fast. The bitcoin will still increase as long as people want to use bitcoin as their investment, their way to make money or another thing. But if then people decide just to save bitcoin only, then maybe we will see a new thing that will happen in the market.
There are many possibilities for bitcoin to stay around us for a long time because people now have seen that bitcoin can help their economy to be better than before. I think people will still use bitcoin and even they will try to produce more bitcoin. So, in the future, people will have the opportunity to have big money.
There always be a peer to peer system even those big exchanges don't exist. and some people who willing to accept Bitcoins for their payment both legal and mostly for illegal things.
This is the case for Bitcoin if those exchanges will disappear and people will always think for the use of it.
This is the case for Bitcoin if those exchanges will disappear and people will always think for the use of it.
I think bitcoin is the same as gold, many interested people want to have it, so even if there is no exchange, it will still be valuable and have a fair value.
What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Will it be Zero? Or just as much someone is willing to pay to buy btc
Exchanges help in the process of price discovery but nothing more, so even if exchanges did not exist people will still find ways to trade their bitcoins, it will not be as efficient as what we have now but if someone is determined to exchange their bitcoin for alts or vice versa they could do so, however it is possible that greater fees will have to be paid and the volatility will increase, but this should not really be a problem in the near future as atomic swaps become a reality. Will it be Zero? Or just as much someone is willing to pay to buy btc
What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Will it be Zero? Or just as much someone is willing to pay to buy btc
Will it be Zero? Or just as much someone is willing to pay to buy btc
Actually, it will not dip the price of bitcoin in huge manner. Because binance is not the only exchange for the bitcoin.If one quits,the new one will emerge.And bitcoin is used all around the world.So the climax for the bitcoin and cryptocurrency is rare of rarest one.
do you think bitcoin will be zero? does that mean to die? not at all like that and I think there will be better, because no one can manipulate the market, there is no more centralization as in exchange and everyone is free to buy and sell directly, which means mass adoption has been achieved.
after we all saw a few years of bitcoin development from which has no economic value until now everyone hopes to have it, of course we would not think if bitcoin would reach 0. It seems like it will not be possible, even though a big decline has occurred but we see its rise. What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Will it be Zero? Or just as much someone is willing to pay to buy btc
Will it be Zero? Or just as much someone is willing to pay to buy btc
BTC won't go to zero, because the market is too big and people are getting more and more interested in crypto currencies. I do not believe that such massive exchanges can survive without BTC, because it makes 50 percent of their trading volume.
do you think bitcoin will be zero? does that mean to die? not at all like that and I think there will be better, because no one can manipulate the market, there is no more centralization as in exchange and everyone is free to buy and sell directly, which means mass adoption has been achieved.
I think without exchanges, the price would certainly be lower because it would remove all the speculative trading.
It wouldn't be zero though because there is a cost associated with mining. So the price would have to be more than the mining cost, or else everything would grind to a halt. There would I imagine always be some demand for BTC, particularly if a low price makes it attractive.
In the end it is all based at the moment on expectation of future value. For so long as there is a solid use-case then bitcoin will retain value.
It wouldn't be zero though because there is a cost associated with mining. So the price would have to be more than the mining cost, or else everything would grind to a halt. There would I imagine always be some demand for BTC, particularly if a low price makes it attractive.
In the end it is all based at the moment on expectation of future value. For so long as there is a solid use-case then bitcoin will retain value.
If there is no more exchanges, people would not buy bitcoin and altcoins. Only people having cryptocurrencies into their wallet would want to exchange it.
They would completely lose their value i think. Because traders and speculators would not buy cryptocurrencies. And maybe 10000 bitcoin would not be accepted for a pizza...
They would completely lose their value i think. Because traders and speculators would not buy cryptocurrencies. And maybe 10000 bitcoin would not be accepted for a pizza...
Exchanges, is just a platform to allow people to trade coins to coins more conveniently
But of course exchanges does really "improve" the price because of how they gather alot of liquidity which allows for easy flow trading
However, i guess BTC price wouldn't really get affected much because it shall be P2P at first instead of passing your coins to someone you have no idea
Why would us need to pass our coins to other's when we can directly transfer to the buyer? Security and Trust is the issue
Hence, Exchange does affect the price but would not be the main reason for the Bitcoin to become priceless
But of course exchanges does really "improve" the price because of how they gather alot of liquidity which allows for easy flow trading
However, i guess BTC price wouldn't really get affected much because it shall be P2P at first instead of passing your coins to someone you have no idea
Why would us need to pass our coins to other's when we can directly transfer to the buyer? Security and Trust is the issue
Hence, Exchange does affect the price but would not be the main reason for the Bitcoin to become priceless
yes, P2P exchange is the best options, when there is no exchange to trade bitcoin or other coin
@OP: without exchange i believe bitcoin will always have value
Exchanges, is just a platform to allow people to trade coins to coins more conveniently
But of course exchanges does really "improve" the price because of how they gather alot of liquidity which allows for easy flow trading
However, i guess BTC price wouldn't really get affected much because it shall be P2P at first instead of passing your coins to someone you have no idea
Why would us need to pass our coins to other's when we can directly transfer to the buyer? Security and Trust is the issue
Hence, Exchange does affect the price but would not be the main reason for the Bitcoin to become priceless
But of course exchanges does really "improve" the price because of how they gather alot of liquidity which allows for easy flow trading
However, i guess BTC price wouldn't really get affected much because it shall be P2P at first instead of passing your coins to someone you have no idea
Why would us need to pass our coins to other's when we can directly transfer to the buyer? Security and Trust is the issue
Hence, Exchange does affect the price but would not be the main reason for the Bitcoin to become priceless
Cryptocurrency exchanges came into business because they foresee the big demand of the market for Bitcoin and other coins or tokens. There is no question that this is a win-win situation relationship. Naturally, the demand of the people for Bitcoin can easily be meet with the help of exchanges like Binance. Now, IF Binance did not come into the existence and become one of the top there is, the most probability is that there can be another entity right now occupying the same spot. This is just a natural progression of things and actually Binance is just filling in a vacuum using good management and always using their creativity in coming up with new offers.
Exchange functions to change the crypto currency into fiat money, and change the type of crypto that we have according to taste (BTC-Alt). If there is no Exchange, then our coins may not can changed, and it is difficult to determine prices because there is no comparison of market prices
Even if the exchange does not list Bitcoin on their platform, people still can do their own trade.
it is all not about the exchange but it is all about the demand, the demand itself determines the price. If nobody needs it, the price will eventually go to zero.
it is all not about the exchange but it is all about the demand, the demand itself determines the price. If nobody needs it, the price will eventually go to zero.
What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀
Will it be Zero? Or just as much someone is willing to pay to buy btc
There will be other way if the exchangers does not exist because bitcoin and cryptocurrency are not design for exchangers only,just like some local wallets that offers cryptocurrency buying directly from their platforms so what more if exchangers does not exist?Will it be Zero? Or just as much someone is willing to pay to buy btc
And besides exchange are just being used because of many available currencies and token can be bought but if they are not around for sure another one will be created for the cryptocurrency users to accumulate
But I don’t think this will possibly happen because currency are for investing and investments need exchange to progress
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