Post
Topic
Board Beginners & Help
Re: Why do these currency changes exist?
by
CryptopreneurBrainboss
on 24/02/2019, 09:05:48 UTC
Most of the exchange you hear of will run out of business in 5-10years time but Bitcointalk will still be around as far as bitcoin still has value that means the currency exchange board will still be around and forum member can use it to exchange their coins.

This is a bold prediction. Any reason for you to say this? Imo I can't see Binance go bankrupt.

I decided not to mention names for specific reason, just as we have coin/token running out of business so is exchange too. When I joined cryptocurrency there was nothing like binance, exchange like poloniex, bittrex etc were dominating the industry but today we have binance and other friends Grin so nobody knows the future. The cryptocurrency exchange industry is a very competitive one, many will run out of business just like this ones {36 bitcoin exchanges that are no longer with us} this article was posted in 2015 so imagine how many other exchange have also shutdown in the pass 3years+.

As much as I appreciate the current exchanges we have today, I doubt they can restand better competitors coming with more advance technology in the near future. Even in the decentralized exchange industry you'll notice this also, take EtherDelta as an example who still uses it when you can use IDEX and other better options.