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RE: Crypto Update: Mt. Gox Trial Begins, Cryptocurrencies Crash, Time to Invest!
There will be some more of these scams coming in this year. I won't mention any particular exchange but some of them are doing more sophistacted way of scam - manipulation of price, making people panic sell, buying low using bots to boost the price fast and then sell those coins for much greater price to the same people. This is going to last for some time. Decentralization is such a complex system to maintain
Decentralized exchanges are on the way. That is the problem with these exchanges they are still run the old fashioned ways. Cheers to the future.
Hmm, interesting that you mentioned that. You are right, decentralized exchanges are much needed.
I don't understand why people say that decentralised exchanges are on the way... they are already here since 2015! BitShares platform has that for ages (and there are other already out there)... the problem in my view is that people do not know about them and therefore do not use it enough for it to be attractive.