I think exchangers really don't care about bubbles but they have toggles so they can easily avoid any problems. As they already did, for example cex blocked registering of new members. Some of them blocked accounts which had many bitcoins and this way they could avoid losing of much money (price changes daily so they sometimes freezed money for weeks).
These are possible things that would really happen on where exchangers might really be done come from behind.Either those reasons might be true or not but basing on what they are performing now when it comes to issues and delays we can really make presumptions that those things are true.They dont really care about price bubbles but those plans can really be done if they do really have that kind of motive. 
Topic: Will exchanges have learnt anything from this bubble? (Read 340 times)
I think exchangers really don't care about bubbles but they have toggles so they can easily avoid any problems. As they already did, for example cex blocked registering of new members. Some of them blocked accounts which had many bitcoins and this way they could avoid losing of much money (price changes daily so they sometimes freezed money for weeks).
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
Well lots of the exchanges are in better shape than they were in December. Kraken fixed it's trading engine, Coinbase and others finally enabled segwit and enabled batching transactions. Most purchased new servers in December. So the whole experienced has forced them to improve - it's a pity they didn't act earlier.
They still have ample of time to get ready especially this time when crypto are lying low and people are not that interested yet.
Current market isn't lying low, but just busting out normal volumes that are still enough to exceed the $10 billion daily volume mark. Hype volumes and demand don't represent the reality, and should be discarded.The crypto market looks very healthy as it is right now, and even in current times exchanges badly struggle to get things right, or to open up their registrations again. Their backlog is only growing larger, and that won't stop.
The only thing they can hope for is that there won't be another insane burst of speculative hype usage further putting them into backlog debt. We'll see how they fare next year, but I don't have high hopes.
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
Business wise, I think exchanges will just react to the current situations. If we see another dramatic rise similar to December, then I guess they need to re-organized and hire more people. If this goes to worst, I mean bearish trend continue up to end of the year, then there will be no ramp up on terms of there employees. I don't think by this time they are looking at the future, training people cost money, and with this kind of volume, not enough funds to throw in hiring, thy will just have to wait before making their move.
When the next bull run comes and popularity of cryptos increase again, exchanges would be able to prepare for it but there would still be lapses because they don't know how much volume they would be able to get and I think in the next run, it would be larger than the recent one last December. They would be able to anticipate it through the increase sign ups and the volume getting larger.
Cryptocurrencies would be a hot topic in the mainstream media so people would be aware of it so during this time, exchanges should already be ahead of the game and ready for the influx of traders because it is their loss as well if their system would not be able to handle it. They still have ample of time to get ready especially this time when crypto are lying low and people are not that interested yet.
Cryptocurrencies would be a hot topic in the mainstream media so people would be aware of it so during this time, exchanges should already be ahead of the game and ready for the influx of traders because it is their loss as well if their system would not be able to handle it. They still have ample of time to get ready especially this time when crypto are lying low and people are not that interested yet.
It's normal to experience some difficulties especially with the nature of this kind of market. It's part of business to sometimes experience some losses especially for something as volatile as bitcoin. There may be some now which choose not to adopt BTC because of how risky it is for them to lose their money and after the hype last 2017, it has died down. All exchanges may do now is adapt to the situation. Having a coin which is popular may still be beneficial for them even if the price goes down significantly.
There is really nothing to learn because most of the exchange sites (the legitimate ones though) are only acting as a market place that brings the buyer and the seller together while providing liquidity for the market in the case of those who want to cash out which is not all the time. It is then safe to say, they are day traders where every of their decision is short term as we all know that price fluntuates several times in a day, even within the hour, they are still protected what would happen is to see w drop in their revenue and a smart one would have mop up enough for this trying times during the peak periods.
I know that those exchanges know what they are dealing with which is the very volatile virtual currencies. They already accepted the possibility that it will either go positive or negative right from the start.
It seems some trading/exchange sites are turning into a scam or has some issues in withdrawal many users here in bitcointalk has been reporting this. Especially in this section looks like with the recent price crash it would be unlikely for the trading sites to profit from it. But for me this is a chance to earn more btc cause after the storm surely will comes the sun.
That is why people only recommend good exchange site to void this kind of scenario though sometimes others still complain about their withdrawal with a certain site I think they have issues and they just make it big. Nothing is perfect and something goes wrong we can always find ways how to solve it of course we have to be patient though because we all know that there are plenty of users and only few supports. 
I don't get what you're so worried about.
I couldn't give a shit about price.
This is about whether exchanges will be any more robust when the whole scene explodes next time. It'll be much larger so they'd better be. I can't see much evidence of it yet.
But look closer to the exchangers volume, and you know what you will see in reality? The volume of the influx is actually increasing day by day and exchangers are making huge money out of it. Thats sufficient for themselves to sustain for the long period of time and give trained employment.
We're still working our way down from the peak. There's still lots of volatility. Exchanges probably make more on the crashes, but the real dead zone is once the crashing is over, everyone loses interest and it melts into endless sideways. They can also be much longer periods of time than crashes or bubbles and that's where their intention to up their game may become impossible to sustain.
I don't get what you're so worried about. We've been here before. In February we went straight to 6000 and it was fine. Now we're not going down that fast and getting a lot of resistance on different levels. What makes you think that 6000 won't hold?
If you really want to compare this to 2013/14 then we didn't have that period of stabilization in the 70% ATH range. In the price fell from 1000 and then traded for 600-700 USD for months in Summer 2014. If we are to repeat that it's a great moment to buy.
It seems some trading/exchange sites are turning into a scam or has some issues in withdrawal many users here in bitcointalk has been reporting this. Especially in this section looks like with the recent price crash it would be unlikely for the trading sites to profit from it. But for me this is a chance to earn more btc cause after the storm surely will comes the sun.
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
Exchange owners at this time are expected to be experienced in the way the business in the crypto world runs and most times they are not ruled by the activities of the moment because they know its something that won't last long. In every business there are peak periods and off-peak periods but when it comes to crypto its just too uncertain and any business owner who makes enormous decision based on waves of the moment will have himself to blame.
The exchange sites that came when there was so much activities will have difficulties at this time but not those who have stand the test of time as they have witnessed both the good times, not so good times and the bad times and that is why when there are several issues concerning customer support of exchange sites, they don't just go overboard to start employing rather they make use of their resources to the maximum because they know it won't last long.
But look closer to the exchangers volume, and you know what you will see in reality? The volume of the influx is actually increasing day by day and exchangers are making huge money out of it. Thats sufficient for themselves to sustain for the long period of time and give trained employment.
We're still working our way down from the peak. There's still lots of volatility. Exchanges probably make more on the crashes, but the real dead zone is once the crashing is over, everyone loses interest and it melts into endless sideways. They can also be much longer periods of time than crashes or bubbles and that's where their intention to up their game may become impossible to sustain.
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this is actually why I think regulation for exchanges can be a good thing. they may be forced to follow some industry standards in order to operate and also it definitely increases their trustworthiness and because of that the market can grow a lot bigger and consequently the manipulation and volatility will be reduced. it is like a chain reaction...
I think it's about time for a change since we have been using such crappy services, some of them are having a countless complaints and they can't do anything to all of them. I think it's better if there were a limit of users for every exchanges if they really want to improve their services to every users but i'm afraid it won't happen to such exchanges if no one implements it.this is actually why I think regulation for exchanges can be a good thing. they may be forced to follow some industry standards in order to operate and also it definitely increases their trustworthiness and because of that the market can grow a lot bigger and consequently the manipulation and volatility will be reduced. it is like a chain reaction...
Looks like we're on our way to hell for now at least.
to hell? I say we are headed to heaven with all the discount we are getting 
I'm pretty sure each exchange operators know that the crypto market is constantly changing and can one day have so much volume and the next day, no volume at all. At an employer's standpoint, why would I hire people who are not used to these kind of stress and only to fire them once I don't need them whereas I can only focus on my trusted employees to do the work for me and just raise their salaries in such high-pressure scenarios? That doesn't only save time, but also money on the part of exchange operators. Pretty sure that's also one of the reasons why most exchanges require 24 hours before they can get back to a certain ticket because they only have a few but capable people who get the job done.
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
Dont know but I see no changes in the exchanger. Your saying the right thing here that their interest might just get died off due to the continuous fall in the crypto currency volumes. But look closer to the exchangers volume, and you know what you will see in reality? The volume of the influx is actually increasing day by day and exchangers are making huge money out of it. Thats sufficient for themselves to sustain for the long period of time and give trained employment.
You speak about the 2013 crashes, though unrelated I would suggest you to check the volume differences then and now. Not just the year but the most recent 2017 year also you can check. This could be because of the low prices of the different coins giving people to stage to enter and buy more. So the effect could be somewhat opposite of what you saying.
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
But Circle knew later that they made a bad mistake in dropping BTC. So what did they do to get back in? Buy Poloniex.
They made a good decision too, because they are back in cryptocurrencies and the purchase also made Poloniex a legitimate altcoin exchange.
Looks like we're on our way to hell for now at least. There probably won't be a legit bull run for a decent length of time now. When the next one comes it will dwarf the one we've just witnessed just as 2013 was this time.
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
With this in mind do you reckon that exchanges will be ready for the next one or will there even more seizures, crapping out and closures to new users?
With the way crypto explodes and then dies I really don't see how any exchange can afford to train and employ enough people to be ready for something that may be months or years away. If volumes are pitiful then there aren't enough earnings to prepare and employ them in wait.
Bigger companies such as Circle are coming on board, but Circle themselves dropped BTC retail when interest died off.
So will they do it right or will we get more of the same?
As long as exchanges are still making money, they won't change anything.
Plus, it'll be hard for them to do so because it's completely unexpected when a bull market suddenly comes and there is a load of new users. There is no warning before that happens, and the volume is way too much for their support or their trading engines to handle in the back end.
When the bull market stops, they don't have any use for the excess support staff anymore. I assume they get rid of some. Even if they don't that amount of support staff could be too little for the next bull run. It's a sticky situation.
They should really learn a lesson or two, make their capacity much bigger than the current averages so that if there was an unexpected surge in volume or users, they are prepared. But as I said, as long as they are making money off their existing customers I don't think they'll give two damns about any of this.
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