Post
Topic
Board Speculation (Altcoins)
Re: Big money moving in next year, means greater demand for DEX projects?
by
ecnalubma
on 01/11/2019, 12:39:18 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?
I get your opinion that most wealthy people wanted to hide their crypto wealth but remember that DEX’s purpose are not to conceal transactions rather its a kind of a P2P exchange without intermediaries but still every transactions are transparent and recorded in a ledger. If the demand for DEX’s is high It could dominate the centralised long before but I bet traders would still prefer the regulated one.