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Are Smaller Exchanges and Junk ICOs Finally Out Of Here ?

bitcoinfloodPosted for Everyone to comment on, 5 years ago

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With the price of bitcoin diving and no real movement lately it seems just like altcoins that have died out that little junk exchanges are closing their doors as well.

Liqui Exchange is closing down and many others have been hit up with investigations which only leaves a few of the top leaders intact.

While this might be a good thing it seems like Bitcoin and Crypto as a whole is clearing out the scam crap on its own by doing this. What will remain will be the true big players but does that not hurt decentralization ?

In a way yes however in another no as decentralized exchanges have actually been climbing in usage lately. It also seems like larger exchanges are starting to acquire other exchanges.

All in all this to me is a good thing, its clearing out the crap that was left over from all of those failed ICOs and junk coins and really starting to center everything around a few core solid coins such as bitcoin. This is why we have seen bitcoins dominance grow over the last few months. Now if only bitcoin cash would get the hell out of here :D

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