08-17-2022, 06:15 AM
FTX now becoming an integrated part of this community is exactly what I was taking a
<!-- SC_OFF --><div class="md"><p>Honestly don't even know if this will show up. Such things tend to not be seen </p> <p>A while back I started a series on the reality of (Centralized Exchanges) CEXs in the crypto space. Based on the name you can guess it wasn't a glowing review of the CEX system. In regards to CEXs becoming involved with projects I suggest you read part 8: </p> <p><a href="https://www.reddit.com/r/CryptoCurrency/comments/rx84le/the_ghost_of_mt_gox_part_8_cex_tokens_and_crypto">https://www.reddit.com/r/CryptoCurrency/comments/rx84le/the_ghost_of_mt_gox_part_8_cex_tokens_and_crypto</a></p> <p>What I was talking about back then has effectively happened here. Liquidity has now become dependent on a CEX and the next "catalyst event" is now obviously a listing on that CEX. The narrative has changed from a fun experiment (with some profitability) to a speculative market that will overwhelmingly benefit the CEX</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GodlordHerus"> /u/GodlordHerus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wpnaki/ftx_now_becoming_an_integrated_part_of_this/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wpnaki/ftx_now_becoming_an_integrated_part_of_this/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Honestly don't even know if this will show up. Such things tend to not be seen </p> <p>A while back I started a series on the reality of (Centralized Exchanges) CEXs in the crypto space. Based on the name you can guess it wasn't a glowing review of the CEX system. In regards to CEXs becoming involved with projects I suggest you read part 8: </p> <p><a href="https://www.reddit.com/r/CryptoCurrency/comments/rx84le/the_ghost_of_mt_gox_part_8_cex_tokens_and_crypto">https://www.reddit.com/r/CryptoCurrency/comments/rx84le/the_ghost_of_mt_gox_part_8_cex_tokens_and_crypto</a></p> <p>What I was talking about back then has effectively happened here. Liquidity has now become dependent on a CEX and the next "catalyst event" is now obviously a listing on that CEX. The narrative has changed from a fun experiment (with some profitability) to a speculative market that will overwhelmingly benefit the CEX</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GodlordHerus"> /u/GodlordHerus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wpnaki/ftx_now_becoming_an_integrated_part_of_this/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wpnaki/ftx_now_becoming_an_integrated_part_of_this/">[comments]</a></span>