RE: Hold BIX on BiBox for dividends ( new exchange)
I think people are slowly going to start moving away from centralized exchanges and use decentralized versions.
DEXs have a few key advantages over CEXs, particularly when it comes to security, anonymity, control of funds, speed + fees.
Nearly all DEXs suffer from a lack of liquidity at the moment, but 0x protocol and a few other hybrid solutions are working on liquidity pooling which should eliminate this.
Some really cool projects like Radex and Airswap have zero fees, which could be game changer.
Consensys has a great article about current and upcoming DEXs, and when you see the amount of projects in the pipeline - https://distribuyed.github.io/index/ - I think its clear they are going to offer real competition for CEXs.
Cutting out the middleman is always going to be a good thing, and stays truer to the founding principles of crypto.
slowly being the operative word. You need a lot more education to use DEXes and I don't think we're there yet. Also think there will always be a point for normal exchanges.
Agree that the UX/UI of a lot of DEXs can be horrible and confusing for crypto n00bs. However, with hybrid solutions like Ethfinex this is being solved somewhat. But its not going to take long for DEXs to work on their UX/UI - just look at the great job that IDEX has done in creating friendly and familiar interface.
Also, things like the 0x trade widget (release in summer) could be a big deal - its essentially a button that will allow one click buying/selling of erc20 tokens using shared liquidity of 0x relayers - very cool! The only problem is (I think) you still need some ETH to use it...
Centralised exchanges will still be around, but likely their market share will get eaten away by DEXs, and they always have an existential risk of hacks, exit scams, etc. which makes those who have been in the cryptosphere for a while wary.
I guess for me, the biggest DEX issue is that you still need to have basic education regarding crypto. That's good but also bad. If I open an account on bittrex and I lose the password I have pass reset. If I lose my private key on IDEX I'm done-o. So there's a lot of responsibility in the hand of people who don't even realize they hsave this responsibility. We need more education before DEXes become a THING...also a paradigm shift :)
True words - education is key!