Personally I suspect centralized exchanges will be around for quite sometime. But if a decentralized solution comes along that is obviously superior and has a proven track record I suspect long-term the centralized exchanges will ultimately be forced to either adapt or die out.
I really don't see a decentralized exchange with any meaningful volume ever coming to light as most large exchanges have volumes that are greater then that the block chain could handle. 
Topic: Will centralized exchanges resist decentralization like the banks resist bitcoin - page 2. (Read 2221 times)
July 25, 2014, 10:55:23 PM
July 25, 2014, 10:06:17 PM
Decentralized exchanges seem to be an inevitable step for bitcoin. Problem is, centralized exchanges like coinba are making millions. They have a lot to lose if decentralized exchanges take over.. So, I think that we will start to see centralized exchanges like coinbase fighting to maintain "control" in a similar fashion to how banks and governments are doing with bitcoin in general. Thoughts?
yaw, boring flawed argument.
centralised exchanges have no fight against localbitcoins and ripple (the 2 main site deemed as being p2p exchanges)
moving on....
July 25, 2014, 10:00:29 PM
Decentralized exchanges seem to be an inevitable step for bitcoin. Problem is, centralized exchanges like coinba are making millions. They have a lot to lose if decentralized exchanges take over.. So, I think that we will start to see centralized exchanges like coinbase fighting to maintain "control" in a similar fashion to how banks and governments are doing with bitcoin in general. Thoughts?
yaw, boring flawed argument.
centralised exchanges have no fight against localbitcoins and ripple (the 2 main site deemed as being p2p exchanges)
moving on....
July 25, 2014, 09:55:08 PM
Personally I suspect centralized exchanges will be around for quite sometime. But if a decentralized solution comes along that is obviously superior and has a proven track record I suspect long-term the centralized exchanges will ultimately be forced to either adapt or die out.
July 25, 2014, 09:31:15 PM
Decentralized exchanges seem to be an inevitable step for bitcoin. Problem is, centralized exchanges like coindesk are making millions. They have a lot to lose if decentralized exchanges take over.. So, I think that we will start to see centralized exchanges like coindesk fighting to maintain "control" in a similar fashion to how banks and governments are doing with bitcoin in general. Thoughts?
Coinbase... not coindesk....
Both will coexist as centralized exchanges have venture capital investments and profits to allow them to hire more developers for different features and products and decentralized exchanges will be used by others for security.
July 25, 2014, 09:26:26 PM
They may very well aim to try and keep their money rolling in, or they could embrace it, or let said exchanges co-exist with no complaints.
I really do not know. I don't know enough of the exchange's owner's goals to make an informed decision.
I really do not know. I don't know enough of the exchange's owner's goals to make an informed decision.
July 25, 2014, 09:12:02 PM
Decentralized exchanges seem to be an inevitable step for bitcoin. Problem is, centralized exchanges like coinba are making millions. They have a lot to lose if decentralized exchanges take over.. So, I think that we will start to see centralized exchanges like coinbase fighting to maintain "control" in a similar fashion to how banks and governments are doing with bitcoin in general. Thoughts?
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