If bitcoin will have a price of $50,000, I think it will completely change the economy of the cryptocurrency, and maybe even change the economy of the whole world, because so many people around the world will want to buy bitcoin or some altcoins because after the bitcoin, the price of other coins will also rise.

Well, they are over 30K KYC completed already. I don't know if they are scam or not, but recently people have tend to be careless with the amount of KYC they are doing for getting tokens. Hope this goes well.

We're keeping Peatio alive! We're Peatio.tech and we are keeping it opensource and scaling it! Come see us and our stack at https://peatio.tech

I am also starting an exchange. We're quite a way through, will probably be finished this month. Drop me a message if you want to share ideas.

Most of the current 'use cases' are indeed horseshit. I don't think anyone outside of a few nutters cares about decentralised file storage or dog walking ICOs. I'm pretty confident not one single project built on top of the base layers that's around now will be around in five years.

However this very moment today try sending some money from your bank in Denver to a holiday rental in Sumatra and see how long that takes, how much that costs and whether it'll ever bother to arrive. There is so little comparison to Bitcoin it's pitiful and it's genuinely bizarre that it's still considered acceptable in these fast paced times.

As for other applications I think overall we'll see a curve of actual usage very similar to the dotcom bubble. No one'll know what to do with it. They'll drive prices sky high anyway. It'll collapse. Someone will figure out what to do with it and then it'll take over the world.

The most compelling uses probably still haven't been conceived yet.

No he doesn't mean that..He is talking about people giving personal documents everywhere, including ICOs which have started linking bounties with KYC. This has potential for identity theft as most ICOs tend to be scams these days.
 
You don't need different KYC for tokens. You can open accounts on all the different exchanges and provide the same KYC everywhere.

Which brings up the question? What makes you think of multiple accounts with different KYC? You are getting confused or are trying to do something scammy.. LOL..That is the typical "Ration card scam" we Indians love so much..Would love to know the thought behind that question??

Good find. Hope the promoters can either clarify this or more people can see this and save themselves from another scam exchange.

You have added your altcoins on this exchange without getting full details about the exchange and now you are asking about its genuinity I think this you can now tell much better as you have deposit your altcoins and are you able to trade and how is the trade volume. In india if anyone starting exchange is not possible in legal way as it is not allowed. So leaving the older exchanges other all new exchanges are threat as anytime they can shut down when the law crack on them and find them, that time they will run away. So it is much better to use the old exchanges which are more safe.

You won't get bittrex clone.
Even if you will setup new exchange platform without initial fund you can't make it popular.
Setting up different nodes of coins for exchange will cost you so much so you can't start exchange with empty pocket.

First find some seed money, buy good script or hire some company to make one for you and than spend few thousand usd on its advertising than only you can make a healthy entry in crypto exchange market.