Post
Topic
Board Trading Discussion
Re: Bitmex Destroying Crypto`s Quality
by
CucakRowo
on 19/09/2018, 09:05:05 UTC
Isn't Bitmex should ban? Aren't they are destroying the quality of the Cryptocurrencies.

I think Bitmex is not the main benchmark that determines the quality of a cryptocurrency.

The quality of a product is more determined by :
- Project goals
- Roadmap and achievements
- Sustainable development of the project
- Community acceptance

Bitmex for me is a money barn (only for those who understand about the risk of leverage trading). Bitmex is same as Forex Exchange.
High leverage on the one hand is very profitable, but in the other hand can makes people dig their own graves.

But I admit, Bitmex contributes to manipulate against crypto prices.