Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
This proliferation of exchanges is obvious, since there was a lack of exchanges for all existing coins and the ones which existed were making a lot of money. Now we will have too many exchanges for a while, and only finally we will probably have the right quantity of exchanges, after excesses in both directions.