Decentralized exchanges are the future of crypto-currency
Throughout 2017 and entering 2018, everyone was jumping the arm of the criptomoeda. In fact, more than 900 ICOs were launched in 2017, with a forecast of $ 5.6 billion. But it’s not too hard for the noobs to understand how hard it is to buy, sell, and trade crypts. More than half of the ICOs launched last year are no longer worth anything today. And many of the early adopters are finding it difficult to withdraw their money, especially from more obscure altcoins. The confusion and complications provoked the ire of regulators around the world.
The popular exchange of Bitfinex cryptographic tokens found in hot water with the US Trading Commission after the meteoric prices of Bitcoin. There is a reason why lawmakers are so preoccupied with slogans – the clandestine closure and subsequent bankruptcy of Mt. Gox is an example. But financial markets have always attracted theft and other forms of greed.
The evil CFTC was created in 1974 in growth for future growth and commodity options, something that was not a big problem before. In addition, a Securities and Exchange Commission (SEC) was created in 1934 after a lack of financial capacity to Wall Street’s historic 1929. It is estimated that more than $ 50 billion in new securities were offered in the 1920s The First World War came to an end. Half of them have become useless, just as we are seeing as ICOs today. History is, in fact, repeating itself.
Except this time, the public is pushing another solution on the side of government – decentralized exchanges.
The centralization of crypto-coins
The problem with centralized cryptographic encodings, such as Binance and Coinbase, is a money exchange game. You can be worth a billion dollars in encryption, but it’s worth nothing until you get it out of the bag. And if you like the US, China and Japan, an exchange, you can only lose your fortune forever.
Satoshi Nakamoto imagined when creating Bitcoin. Early policy advocates can withdraw the financial power of banks and governments and, in doing so, find out from the companies in the first place. The cryptographic keys are as demographic as evil as the devil they were created to destroy. There are currency exchange facilities in the hotel rooms.
How decentralized exchanges are the future
Many decentralized encryption exchanges (DEX) have emerged over the past year hoping to solve these problems. Some, EtherDelta and 0x, support only the Ethereum. Others, such as CryptoBridge and Bisq, support altcoins, although decentralized exchanges still depend on their own proprietary encryption tokens. Even as large grants, such as Binance and Bitfinex, are exploring decentralization. The most anticipated ICO of recent times is a decentralized exchange – NEX.
Decentralized umcancer cuts the third, counting on decentralized clairs to track all transactions. This is much faster, since the limit should take several days and weeks to complete. In addition, the user keeps track of their own finances. Oscenter, central and in-centralizers, there are theoretically immune to cyber-attack networks and problem regulators that affect the exchanges.
The decentralization of parase is a better option, it still leaves you financially exposed in the event of a break in the market. March 2018 was a tough month for criptomoeda values, losing almost $ 500 billion in value during that crash. And the ICO’s barrage of scams is only stirring investor confidence.
The Nasdaq Approach to Bitcoin
Bitcoin and other currencies are another new reality, a new market trend. They are new currencies and payment methods. As a result, many essays completed that need to be in encryption. Nasdaq lends more credence to this notion.
“I believe that the digital days continue to persist … it’s just a matter of time to levitate that space to mature,” said Adena Friedman, Nasdaq president on the CBNC news network in April 2018. “After reviewing the subject, and say: ‘provide a regulated market for this?’ Certainly a Nasdaq would consider that. ”
Nasdaq is already backing up as current cryptographic exchanges. On Wednesday, a company announced a collaboration with Gemini, through the first edition in bitcoin, Tyler and Cameron Winklevoss. To the time of two in time, and they are a partnership with the company of ETF based in San Diego, Reality Shares, for throw two funds with blockchain. The latter is scheduled to hit the market in June.
“If you’ve already scaled interest on a scale from zero to ten, Friedman would be a six,” says Eric Ervin, CEO of Reality Shares. “It would help keep a security code. It is not passively by them to embark,” he says. “If the SEC wanted your opinion, it would be a positive sign.”
Freidman’s comments should not mean that Nasdaq has a mechanism for exchanging encryption in the works. Not that. It has, however, a Bitcoin futures contract on the works. Stock exchanges can also be opened as encryptible cards. The Stock Exchange, which last year was in the construction of a platform to allow a negotiation as soon as those registered in force.
Trading Bitcoin in the future
Bitcoin needs more time to mature, needs years to solve its volatility. Therefore, we can not have average results. Bitcoin shows more than 65% of its historical value, reaching a correction of 70% in February.
Long-term investors should not be triggered by all the information that comes from different news sources. A multimarcotes and cryptocurrencies.
I do not know what might happen tomorrow, but the story has taught a lesson. After the bitcoin recovers, it recovers an upward trend. Like it happened several times before. It is not clear which is the lowest price, nor the largest, but it is you for a long-term investor, does not let the FUD have the facts about how Bitcoin behaves over time.
Sites such as cryptobrokers.cc’s (Paypal page) allow investors to choose their preferred way of looking or swapping sentences: They can compare as central swaps, opt for bitcoin futures or CFD tradings as their online broker reviews.