If there is no exchange, does crypto still run?

[Sumayya 493]

On 12/15/2019 at 5:38 AM, Warrior said:

Then surely crypto currency will die because no buyer could find seller then that's why they will not buy crypto currency so then crypto currency will die

It will die surely, when there is no buyers and sellers there will be no bitcoin and it will no more be existing

[Kuroashii 181]

That makes sense. Like what would you do (at the present) on your cryptos if there is no way to utilize it or exchange it? But of course, a thing is created for us to use it so exhange is part of cryptoworld.

[aqua 773]

Hard to say, but it still possible. As long as some people who want to buy and sell bitcoin using any method, crypto can still run. But right now, that will not happen since many people coming to crypto because they want to make money, so we are not going to see that will happen. But if there is a new technology that will be better than the blockchain, and offers benefit more than the crypto, then I think people will leave crypto and moves to that new technology because they can make more money.

[Win 1015]

On 12/21/2019 at 4:18 PM, Nafim said:

I dont think that there will be existence of crypto without exchange of crypto currencies. Transaction and trading of currency is the main criteria of crypto 

Yes that what also i think.if there is no exchanger what will happen to our coins or cypto currency?what will the use of it?or some other features cannot be unlock.we cannot  trade.

[Satya31 865]

I don't think so. Crypto will be arrested if there is no exchanges. The main reason for its development instead of having some demerits is the opportunity of earning. If the exchanges will not be there,  then where will people earn money by crypto. It will become a normal currency. So exchanges are one of the main base of crypto. 

[cryptozalmii37 257]

Exchanges are very important for crypto so every can really convert their crypto currency to their desired one but i think if there is not exchange crypto will still run as in initial days off Bitcoin there was no exchange but bitcoin really did well

[Suhannewaz 245]

There are no opening or closing prices which we can identify. The cryptocurrency markets never close. The solution currently in place is to measure the price change for 24 hours by comparing the current market price to the price exchanged the day before in a given cryptocurrency.

[Jessica Karren 1242]

I think this is not possible now technology is very much addicted and we can't reverse it not there are lot of exchanges and we can eliminate them so taking about impossible is useless

[DidaNahrisya 165]

Absolutely yes, you can use token utillity on their platform without buying from exchange, like cryptokitties etc

[khan22 3478]

Yes it will run if there is not any exchange is available like at the start BTC will survive and peoples will use the wallets but now peoples will use the exchange just and buy the coins from the exchange and also sell their coins in the exchange and it is the simple and best way to make money in it.

[SuperCrypto 7193]

I don't think digital currencies can be used without platforms. Trading in digital currencies needs a special environment in order to buy and sell currencies in the easiest way, and this has led to the necessity of the emergence of the so-called “digital currency trading platforms” that work to complete buying and selling in the fastest time, and many things that make trading easier and Special for beginners. 

[Naga 1250]

On 12/17/2019 at 8:38 PM, guatazoo said:

When Bitcoin was created there were no exchanges, and there was only buying and cashing out option for bitcoin.

yea but back then it was easy to pump the price because the marketcap was so low but now even with exchanges it take too much capital to pump it up.

[PiroSense 2681]

On 12/15/2019 at 1:41 AM, hmind said:

Do you think that if there is no exchange website for crypto, will cryptocurrencies continue?

It will, but the demand would dictate it. If people would still use and consider them valuable, then it could still be a mode of payment for them, though its purchasing power could be unclear.

 

For example, if people/community still uses it and considers it as valuable, then they may sell their things online and receive Bitcoins as payment, though its value might be difficult to figure out (i.e. a pizza should be 1 BTC or 0.1 BTC).

 

Or the community themselves might create a general consensus of what its value is, just like how current system determines the value of 1 BTC in USD, minus the exchange that enables you to convert it truly, but rather is only a basis of what can it buy.

[doriahailee 643]

It's will continue, Even there is no exchange we still have another way with OTC Or other methode, The point is blockchain technology so even there is no exchange i think it will continue but crypto will little bit hard to buy or selling.

[pakjobhelp 1585]

All the crypto currency exchange work for the crypto currency changing one coins to another coins. The crypto currency exchange take charges for the conversion one coins to another crypto coins. The crypto change the world and more people invest.

[Maxtron73 3269]

There are hundreds of exchanges and so that's something that could never happen. Exchanges will never vanish like that. How would stocks be bought and sold if the Nasdaq or Wall street were not functioning. Cryptocurrency is an asset that is exchanged from supply and demand and then creates price. 

[Ms.o 3322]

On 12/15/2019 at 1:41 AM, hmind said:

Do you think that if there is no exchange website for crypto, will cryptocurrencies continue?

Definitely no! Exchanger is the most important place where we can convert all those crypto currencies into other assets, such as conventional fiat money or other digital currencies.

[guatazoo 7150]

20 hours ago, Naga said:

yea but back then it was easy to pump the price because the marketcap was so low but now even with exchanges it take too much capital to pump it up.

I tik bitcoin is one of the easiest to pump even though the market cap is bigger, it has smaller and limited supply.

[Brushless4500KV 4214]

On 12/14/2019 at 9:11 PM, hmind said:

Do you think that if there is no exchange website for crypto, will cryptocurrencies continue?

Cryptocurrency can't run without having any relationship with fiat currency. Most people use cryptocurrency as long as they can convert it to fiat to use it like a real money in their daily lives. Without trading platforms, it would be difficult to trade. People can buy and sell crypto coins manually but they should find a way to trust each other.

[Sid 589]

Yes, of course it will run, it's just more complicated and risky because there is no acting as a guarantor. Maybe the popularity of crypto will drop CMIIW 😅

[jacker 1095]

in my opinion if there is no exchange, then cryptocurrencies will not run anymore. Exchange is the main function and also the needs of the users.

[Man 741]

If we do not see the exchange, indeed the possibility of crypto cannot develop as it is today. But there is still a little crypto nowadays, such as selling to people directly and vice versa to buy. So transactions such as buying and selling goods.

[BitMart 326]

This is very good question can crypto run without exchanges for me not as we cannot live without oxygen so crypo is not going to survive without exchanges its these are must for running and devloping of crypto with this money involve and this help for research and many ways which are now helping devs and common peoples.

[Naga 1250]

8 hours ago, guatazoo said:

I tik bitcoin is one of the easiest to pump even though the market cap is bigger, it has smaller and limited supply.

i dont know how you think those billions of dollars in bitcoin can be easily manipulated compared to other coins in the market i think the lower coins like ADA and TRX can be manipulated with few millions.

[guatazoo 7150]

22 hours ago, Naga said:

i dont know how you think those billions of dollars in bitcoin can be easily manipulated compared to other coins in the market i think the lower coins like ADA and TRX can be manipulated with few millions.

Why do you think dogecoin price is not increasing or pumped even though the price is lower that 30 satoshi, because of the high supply and the supply is unlimited right now we are counting more than 120 billions coons are already in circulation, while for bitcoin it is only 18 billions.