____  ___    _  _     _   _ _____     _______
 / ___|/ _ \  | || |   | | | |_ _\ \   / / ____|
| |  _| | | | | || |_  | |_| || | \ \ / /|  _|
| |_| | |_| | |__   _| |  _  || |  \ V / | |___
 \____|\___/     |_|   |_| |_|___|  \_/  |_____|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Current state of decentralized exchanges

BY: @cyberwolf | CREATED: Jan. 20, 2018, 2:57 p.m. | VOTES: 3 | PAYOUT: $12.25 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmeiNdW6NLHnk4Vvp1cGQaMaHvPworojU29stpFuy2Ma9S/dexes.png]

UX - my subjective opinion
Resolution - frequency of trades for the last 24 hours

So as you can see only two exchanges have a decent trading volume and resolution. It's still not enough for day trading, but ok for building long-term positions. As a day trader I'd like to see such volume on each pair (more than $20M) and a slightly higher resolution of about 1-5 second.

I hope by the end of 2018 we will reach these levels.

TAGS: [ #bitshares ] [ #dex ] [ #crypto ] [ #exchanges ] [ #trading ]

Replies

@naanoo | Jan. 20, 2018, 3:09 p.m. | Votes: 0 | [ VOTE ]

Thanks for compiling this!

Decentralized Exchanges are THE TOPIC in 2018 imho.

But the bigger problem is the interface between crypto <-> fiat. There are only a few exhange points. Easy for regulators to step in ;-(

@cyberwolf | Jan. 20, 2018, 3:19 p.m. | Votes: 1 | [ VOTE ]

Yes, I thought about this problem. But now I have switched my mind (the so-called Jesus-moment), and I see that these are just two different monetary systems. We can completely unbind crypto from fiat.

@naanoo | Jan. 20, 2018, 3:26 p.m. | Votes: 1 | [ VOTE ]

Ahhh ... never thought about this.

But in a crypto-only world -> how would you get new users in? With systems like steem? Mining?

With peer-to-peer transactions like "I do some work for you and you send me some Ether for it?"

@cyberwolf | Jan. 20, 2018, 3:38 p.m. | Votes: 1 | [ VOTE ]

Haha, value is our believe, nothing less nothing more. Dollar is valuable because so many people believe in US government. The same thing with every coin.

New users is not a problem. They come, they compare and they make their choice.

And yes, you already can buy goods and services with crypto. As Andreas Antonopoulos said, money is a language, It allows us to talk about value.

@naanoo | Jan. 20, 2018, 5:32 p.m. | Votes: 0 | [ VOTE ]

> New users is not a problem. They come, they compare
> and they make their choice.

Yes. But they still need to figure out a way to get coins. And if there is no crypto<->fiat interface, they have to finde other ways.

@cyberwolf | Jan. 20, 2018, 5:45 p.m. | Votes: 1 | [ VOTE ]

That's why I think the future model is giving coins for free (initial distribution). Or through airdrop.

Think about it in another way: why we need to buy money? Do we buy dollars/euros/yenes?

@naanoo | Jan. 20, 2018, 9:27 p.m. | Votes: 1 | [ VOTE ]

Ahhh ... I see. Airdrop / Free Distribution could be a model.

[ BACK TO TRENDING ] [ BACK TO MENU ]
CMD>