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How useful is an ERC-20 token-only exchange anyway? I'm not trying to FUD this coin, I have a small stake in it (over 6k tokens) but I just have a feeling that it's going to tank after radar relay. The whales are going to use the opportunity to dump their tokens with a decent amount support from the hype. They've been dumping slowly since the ATH days ago, but now they're going to get the chance to lock in all of their profit. At least that's how I feel.
Where does this token get its value from? Radar relay, ethfinix, and the 0cean will all be in competition with each other soon which means they will be able to gain the advantage by charging the lowest 0x token fees. I realize all these new exchanges will be creating demand for 0x, but they will all be inadvertently working to offset that demand by charging less fees and using less 0x tokens overall.
I don't want this coin to fail, I just have a hard time being overly confident in it.
An ERC-20 token exchange? An exchange full of premined, shitty smart contracts written in 100 lines of solidity promising the world with no working products, whitepapers full of buzzwords and stock bootstrap websites... Do you really think this is the future of crypto?
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>>3280402
> decentralized exchanges
This is a right step towards the future of crypto. ZRX is the science experiment, and entrepreneurs are looking at this closely to see how it does. The new coins in the future with the same idea will prosper.
> atm Kyber > ZRX
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>>3280410
>>3280402
t. sold zrx low
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>>3280402
Well, I never gave a fuck about radar relay. I only care about ethfinex, which will use blocknet to support cross chain transactions, meaning it won't be ERC-20 only. So, this radar relay thing means nothing to me.
Also, exchanges already offer varying fees so what's your point? lol
I'll take decentralized exchanges were any token can be added SEC compliant or not. Also, all transactions will be done from my wallet rather than needing to transfer my coins to the exchange.
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zrx cult members are in for a rude awakening, i don't wanna watch anyone on /biz/ get fucked so i did my best to alert them but sometimes i guess a hard lesson is the best medicine.
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>>3280430
>sold his bags low
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It's been 15 days since this coin entered the market guys, where are my fucking GAINS? I need my GAINS now! I want sick profits so I can reinvest in other fucking ICOs with crazy instant gains. Do you understand that there's no time? This was supposed to moon like a shitcoin, not go sideways like a realistic fucking project that's still being worked on and depends on other adopters to build on top of it. I don't understand, /biz/ promised me lambos!
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>>3280402
You do realize that the eth ecosystem is the only one we will use in a couple years? This is the future. No meme coins, just coins with actual uses. No ARK, no NEO, no DGB. No XVG, BCH, LTC, XRP, PIVX, BITB, MNE, or any of that other shit.
All that shit has got to die, and these new decentralized exchanges are the best way to start making that happen.
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>>3280497
The traitors will get their just reward. It's already taking off.
$1 per zrx will be inevitable, when they are forced to use it's exchanges because it will be the best ones out there.
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>>3280453
shift and rise have been good to me lately so i can get away with selling low, enjoy your bags
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>>3280519
If you sold any amount of zrx before tomorrow.
You sold it low. Don't salt up this thread pls.
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>>3280539
you ready for the mass dump?
Thread posts: 12
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Thread images: 6