Post
Topic
Board Speculation (Altcoins)
Re: Big money moving in next year, means greater demand for DEX projects?
by
teosanru
on 31/10/2019, 19:16:17 UTC
So I'm pretty convinced that we'll see a mega bull run next year due to the BTC halving. There's probably a LOT of wealthy people looking to invest, if the price starts to skyrocket again, but as we've seen in the past, these people are all about privacy.
Remember the Panama leakage a few years back? https://www.bbc.com/news/live/business-35944255/page/2

Wealthy people is likely to hide a ton of money in crypto, and while you could argue that most of them would hold privacy coins like XMR, there's also a fear that these will be illegal, and delisted/removed from centralized exchanges eventually.

This got me thinking, that perhaps decentralized exchanges where nobody can follow your trading history will get HUGE demand.
So perhaps it's not a bad idea to look into projects like Blocknet for the next bull run? If these DEX's takes off, the coin itself will be highly sought after.

Thoughts?
This actually isn't that good of an idea. To be very true DEX really suck at times. Currently most of them have fake trading volumes created with the help of bots. The order books are filled with such bots. Moreover there is no chance in the world that Big money are moving onto such DEX without a bit of volume already present. Generally these whales are in direct contact with major exchanges who are always ready for such trading to take place on their exchange because all they care about is more trading fees. I think there was a huge buzz about DEX and people even thought that there could possibly be a complete era of DEX but unfortunately I can't see any other DEX than Bitmex performing actively.