it is all about the control. using a decentralized exchange you are mostly in control of your funds and the risks of losing them are minimal. also you do not have to trust a third party with your money since you give up that control using centralized exchanges.
the reason for the hype is that there has been many centralized exchange hacks in the past that has made people uneasy to work with any of them.
there is another hype that should be confused with the one i mentioned and that is the hype of the tokens like Wave,... that is for trading purposes and making profit from their pump and dumps.
I totally agree with you!
I also think that we will see appears in the upcoming years (months?) the launch of a huge DEX, which will completely solve this matter of security. But it's clear that for now, DEX are not newbie friendly at all! And it's true, who can boast today that it was easy to understand how to trade on EtherDelta.
With the rise of ICOs and new projects working on Decentralized exchanges (DEX) and raising millions, I'm wondered how people in the crypto community perceive it and why a lot prefers DEX rather than centralized exchanges. Indeed we have seen many interesting projects with hype, such as IDEX, Waves or Stellar, and some looks really promising like NEONEX.
Decentralized Vs Centralized exchanges: Where do you stand? And why?
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BoardSpeculation (Altcoins)
Re: why so many peoples belived in pump 2018?
by
XCryptoFund
on 10/07/2018, 12:46:30 UTC
I think we're entering into the time where random coins will stop being pumped, and actual use is what will control growth. invest in things you believe in, that you see have real world use and a good team etc, and hopefully it'll go well!
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BoardSpeculation (Altcoins)
Re: If your coin increased 40% - 200% in value over night. What would you do?
by
XCryptoFund
on 10/07/2018, 09:56:02 UTC
i really don't think daytrading is a good idea and generally prefer hodling, but i would try to take advantage of the unexpected situation and just sell. you never know when the coin might drop again so better act quick when possible.
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BoardAltcoin Discussion
Re: When will ICOs die?
by
XCryptoFund
on 10/07/2018, 08:49:54 UTC
ICO will not die. Thus the growing network of the internet I think the ICO will be more and more of that support and will also be more and more new ICO will emerge with a very nice and interesting to future developments.
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BoardAltcoin Discussion
Re: I have $500 to invest today
by
XCryptoFund
on 10/07/2018, 08:39:42 UTC
You can diversify your capital half on bitcoin and choose 2 to 3 coin you believe in with high chances price will increase few months from now. I would advise you Fusion, Vechain, KenCoin and Ethereum of course!
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BoardAltcoin Discussion
Re: 80% of ICOs are Scams
by
XCryptoFund
on 10/07/2018, 08:36:33 UTC
Many ICO's are just hype. They spend money in getting a good site and building hype around it and after collecting huge sums of money, they never bother about developing the actual product. That's why we need to be more careful when selecting an ICO
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BoardAltcoin Discussion
Re: When will ICOs die?
by
XCryptoFund
on 10/07/2018, 08:20:25 UTC
As per my view I say ICOs will be died only when government interfere and make it illegal in any country. It's one of the best way to raise funding for good projects.
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Topic
BoardAnnouncements (Altcoins)
Re: ⚡⭐⭐ [ANN] DISPATCH LABS – Scalable smart-contract platform for infinite data
by
XCryptoFund
on 09/07/2018, 12:21:55 UTC
A large team, good support - Forbes, as stated in the advertisement. But I did not understand what are the artifacts in your project?
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BoardAltcoin Discussion
Re: HOT Altcoins Trade Ideas
by
XCryptoFund
on 09/07/2018, 12:20:26 UTC
that was a good portfolio do you have. i believe you might interest AVT coin. its grow and stable. i would invest in avt soon. AVT project is real good and their had a good developer. i would like to invest in KEN too seems good as AVT.
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Topic
BoardVos sites et projets
Re: CryptoBlog PW | Le blog dedié aux cryptomonnaies
by
XCryptoFund
on 09/07/2018, 12:15:48 UTC
Sympa le blog! Tu publie tes articles sur Steemit et tu met le lien vers ton blog a chaque fois? Tu penses à faire quoi pour te faire connaitre?
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BoardActualité et News
Re: Evolution de l'utilisation du bitcoin en France
by
XCryptoFund
on 09/07/2018, 09:47:45 UTC
Ca serait bien qu'on trouve un moyen de voir le nombre de site francophones qui acceptent le BTC ou cryptos comme moyen de paiement, ce pourrait etre un bon indicateur de l'utilisation croissante du BTC dans le mainstream
I will believe that it can. There is nothing wrong with believing since it has a strong foundation and stability. It might take a long time since bitcoin's reign still remains but we can surely count on eth that it can reach what bitcoin has achieved.
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BoardAltcoin Discussion
Re: Giveaway threads are not allowed
by
XCryptoFund
on 05/07/2018, 08:57:50 UTC
Has this rule been carried out now?
I still saw a lot of giveaways..
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BoardAltcoin Discussion
Re: Alternative Block Chains : be safe!
by
XCryptoFund
on 05/07/2018, 08:38:28 UTC
I strongly agree. That's partly why I haven't messed with the alt chains. I even mentioned this on the announcement thread for another coin but it got drowned out with all the excitement about it.
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BoardAltcoin Discussion
Re: Don’t panic!
by
XCryptoFund
on 04/07/2018, 08:49:36 UTC
Dont panic. The market will be growing. I think people need to progress and since cryptocurrencies are our future I think we need to get used to them gradually
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BoardAltcoins (Français)
Re: Ca chute severe !!!
by
XCryptoFund
on 03/07/2018, 12:42:42 UTC
Les Fees commencent à faire mal Cry
Merci pour les conseils.
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BoardAltcoin Discussion
Re: Is Monero a Good Investment?
by
XCryptoFund
on 03/07/2018, 10:27:45 UTC
I think Monero is not a very promising investment. You can try investing in Monero for a long time. But I would advise you to choose another coin!
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BoardAltcoin Discussion
Re: When do you think alt coin market will crash?
by
XCryptoFund
on 03/07/2018, 10:00:45 UTC
I don't think that coin market will crash any time soon. For the whales is enough that they are a lot of people that sell when the market is on bottom and they create many price movements.