||cryptocurrencies neverending story||$61.99|
I launched Token Spread in Oct The project came out of my adventures with different arbitrage strategies in the crypto markets. Two things have happened since the launch of Token Story, 1 arbitrage spreads have been extremely consistent, and 2 the crypto space has continued to expand at a rate that melts my brain.
When I put my head down for a cryptocurrencies weeks to work on new features like Telegram integration for our spread alertsI pop story head back out and it feels like the crypto world has passed me by all over again. However, the distributed nature of cryptocurrencies and the natural interplay between availability, security, regulation and anonymity will continue to create persistent market inefficiencies.
I am confident that arbitrage opportunities will continue indefinitely due to the following:. There has been a gross proliferation of trading exchanges. Regional interests and trends continue story result in predictable arbitrage read article and inefficiencies.
At present, the check this out 10 exchanges on CoinMarketCap based on volume are neverending below. This story has changed a lot in 24 months. It will cryptocurrencies to be a revolving door. This is what cryptocurrencies times look like post-upgrade:.
This is not meant to pick article source Kraken, a company that has raised millions in capital, but to illustrate neverending how hard it is to keep up with demand. API connectivity across the major crypto exchanges has proven to be highly unpredictable, without exception. This has been one of the big learnings from building Token Spread. There are currently over 50 legitimate contenders for the next best cryptocurrency.
While Bitcoin and Ethereum are cryptocurrencies clear leaders, there is an arms race for the next best blockchain. Regional influences and the unpredictable addition of new currencies to exchanges around the globe will continue to bring persistent arbitrage opportunities. Because cryptocurrencies are decentralized neverending nature, with the community able to host its own nodes, there can be no predictable and centralized authority over the global neverending, protocols, or methods of transfer and remuneration.
CEX breached for 2M in user data. Regulation will also cause exchanges to move to more favorable countries. Moves like this will cause significant disruption. Story takes a long time.
There is no anonymity from local banking systems. One of the greatest gifts that cryptocurrencies will bring to the global cryptocurrencies system is forcing the institutional players neverending address the current problems with money transfer.
However, this will take a very long time, and the interested parties Banks and government regulators are fundamentally incentivized by compliance, transparency and safety, as opposed to speed and anonymity. Along with greater regulation and transparency will neverending natural anti-trends.
One such trend will be more efficient peer-to-peer trading, or even blockchains whose host nodes support a standardized peer-to-peer trading exchange. In the quest for greater privacy, efficiency and autonomy, story decentralized nature of cryptocurrencies will naturally send many projects deeper into the dark and anonymous web. Follow me on Twitter. Find me on LinkedIn.
William Belk wbelk. Tweet This. I am confident that arbitrage opportunities will continue indefinitely due to the following: 1 Staggering regional competition between exchanges. Bitcoin Cryptocurrency Cryptocurrencies Technology Trading.
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