With all of these new exchanges popping up here there and everywhere, i am seeing a very common theme and it's one i don't like AT ALL and i feel it gives bitcoin/crypto a bad reputation in general.
I don't know where you get the idea that exchange are giving out a bad reputation in general. For me, they're putting crypto to the next level.
What am i talking about? Trading competitions! Where you can win XXX amount of whatever crypto for being the most active or hitting a certain limit. Don't get me wrong, i'm sure there are a few people out there who will do alright from these deals, but i imagine the vast majority end up losing in the short term or the long run.
Competition is healthy. Back then we only have Mt. Gox as the dominant trading exchange. But what happen afterwards really damaged the market (Mt. Gox heist), why? Because traders doesn't have any options that time.
For me, its targeting the wrong audience. It does absolutely nothing toward our hallowed "mass adoption" hopes, and its encouraging gambling all so that the said exchange can make a profit in fees!
Only gullible people are going to enter without doing their homework. If there's someone to blame for 'gambling' here then its their fault.
Yet we wonder why the SEC are so reluctant to give crypto its blessing! 
Whats your thoughts?
Whats your thoughts?
SEC doesn't like the market because its prone to manipulation and not because of trading platforms popping out like mushrooms.