Bitcoin Forum

first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....



for people who gona say there aint no prove and the list goes on
 https://i.imgur.com/tOkHyyl.png https://i.imgur.com/eagNFtT.png https://i.imgur.com/7ilbuFY.png https://i.imgur.com/uNQSMmY.png https://i.imgur.com/MJTFfXv.png

Sad it's become the most popular exchange right now

Okay generally this whole post seemed like a load of nonsense but this really took the biscuit. What on earth has that got to do with anything? I also think you'll find that it is red and green just like every other exchange.

1) Do you know exact location of HitBTC and other major exchanges?
Please share if you do.
2) is Binance the only exchange that uses bots???  ::)
3) I agree that Binance web interface color scheme is a bit annoying...
4) do you really think that there are no pump-groups on other exchanges???  ;D
No offends mate, but this post tell nothing else than about your negative experience with Binance and almost no experience with other exchanges.
Welcome to the crypto jungles! 8)

am sorry but people love to see fast gains which is the trap they assume they gona make 2 or 3x in a day only some who got lucky and they had time to see and react to sell but its all very bad they making other people suffer so they gain which makes its horrible how can someone sleep knowing that they harmed other people ..... they allow pump groups to fake gains the lagging causes to sell even lower if even can sell which most of people cant sell that fast because bots are faster ...second coordinated groups they signal to sell at specific price and it will be too fast for to even react and because its fake gains the recovery could be never ......

Proof they use bots to direct market?  Or evidence pink/green has any effect?

They offer API and good usability so will attract bots and pump groups, but they also offer massive volumes and tighter spread. take some rought with the smooth.

you can clearly see how the bot is hidden buying and selling so fast its so pure scam and greedy bot other exchanges show a wall for example but binance is over the limits with there scam...and the volumes is basically not real buyers i guess its their bot volume from the gains of stolen btc from other people ...and lets not go far they can also create fake volume its only numbers  show me the buyers which i guess its fake thats why the prices fall sharply and because the bot is buying and selling  u can see how the prices are stuck and even getting lower because bot is buying and u aint gona sell unless the bot wants to buy from you good luck

Most of the exchanges are involved with all these activities. I am not going to mind this as long as they keep my investments safe from hacking attempts.

The exchange binance denies rumors of a hacker attack, but has apologized, saying that users will not be able to trade or withdraw funds for some time. This is due to technical work on the site, which was forced to expand due to "a significant increase in the inflow of users."

we just saying the losses and gains are too high risk on binance all u need one time mistake and u lost your fortune and one day it will happen humans do errors and if ur a pro trader that makes you 1% of traders population 99% have no idea and they are victims all i want is they trade safe and be aware of all this it hurts to see people suffer

Do not be too confident if there is no strong evidence, I suggest to find the right information.
I am always cautious with some of the news in this forum. not all true. ;D

i got message from telegram group, binance staff said the server very slow, so they need time to fix it. i dont know why you say scam, just normal maintenance

1) It's not the first and not the last with no location available to the public
2) Hello, have you ever hear about High Trading Frequency (HTF)
3) In psychology pink is less aggressive than red (red mean hot, danger it belongs to the "hot" colors, blue at the contrary blue belong to "cold" colors
4) If you're nervous you can order Xanax to your doctor
5) pumps groups are in every exchange platforms

Hope that answer your arguments.

Don't spread FUD, here is the real reason behind current downtime;

There database crashed and they are now copying all data from their master server (database) to download a heavy load of data from their master server they need more than 12 hour atleast. They have already posted their ETA here

https://twitter.com/binance_2017/status/961587311648501760

Nonsense.  What ways would you propose for an exchange to stop pump and dump schemes from happening.  Do not be mad at the exchanges, be mad at those who do these schemes and promote them on public forums.  Binance is one of the best exchanges out there right now.  Remember to do your own research when jumping in on investments and also learn how to chart candlestick and depth charts, this will help to avoid jumping in at peaks and being forced to hodl coins and tokens after they start to dip.  Also remember to take profit!!

Saw it too. Hard to believe what is real right now, but if you look at the official twitter page of binance you will see that their reason was an "unforeseen slowdown" of their data sync. Let us be updated about this kind of things as if this turned out to be a scam millions of $ will be lost from investors. They gave an estimated time of 2018/02/09 AM (UTC) that things will be back to normal, we just need to confirm if Binance will be back on track.

We can say the same about any criptocurrency exchange - Poloniex, Bittrex, Kraken. All these really good exchanges have negative mentions.  I used all these exchanges and I didn't have issues with it

Bro, imagine this is just the beginning for them, they barely have 1 year of existance. They will do everything step by step, just be patient and give them a chance. After all, pretty much all crypto exchanges have their minuses.

why people spread the rumor is in maintenance let the technical update happen everything is normal with binance

Are you from poloniex?  ;D
Or just had a bad decision making which made you lose a trade?

Look, those colors wont matter if you know what you are doing. They can use bots if they want but it should not affect how you will trade too.
You might want to browse every exchange and trading websites even the small ones. Example is Yobit. Do you see how shitcoins are moving there? It is like somebody is selling and buying and yet there is none. But why is it still there?  ;D

Binance is very famous exchange right now…& growing day by day so we can’t say it will be scam are going to scam in near future but the fact is also don’t be ignored that is some risk in all online exchanges.

Yes even on the twitter their is constant update happening about the site that it is undergoing the maintenance and will be up and running soon. they are constantly ensuring that such rumors are not spread and their is no panic unnecessarily being created in the market.

binance has got huge reputation for nothing and i dont want more victims, binance is a very pro scam thats why i dont want people to fall into this and lose their money and people will find out sooner or later but how many will suffer ???i want to end this before more suffering that's said... yobit and others are too obvious to see and i dont think people gona trust yobit with 1 or more btc but binance is on another level of attracting victims with big gains its no diffrent that bitconnect scam 3x down in a day 2x down second day until its nothing now .........binance same bitconnect 2x 3 x 5x sometime in an hour imagin some one came and wants to invest and he think that price is normal .....oh god forbid

Another centralized exchange having issues , I think their days are numbered

This is happening due to maintenance. I am using Binance for more than a year and very happy with their services.

it is currently binance is one of the currently famous exchange and many who use it, whether the news about binance is true, easy "an it is wrong and nothing will happen something bad or SCAM. but I think for example we are still a beginner to trading in situ seems too risky.

Cryptocurrencies exchange Binance has denied that it was hacked after a system upgrade prevented users from trading or withdrawing funds on Thursday, in a fresh reminder of the practical issues inherent in digital currencies.

https://amp.ft.com/content/c17f9cae-0caf-11e8-8eb7-42f857ea9f09

I don't really understand where this place sprang from. I only heard of it in the last few weeks.

When it comes to listing coins they're greedy hookers who demand hundreds of thousands of dollars or more on top of buying their personal shitcoin to vote on it, so I wouldn't be surprised if they're front running the hell out of their customers.

As for a giant hack, I'll believe it when I see it. Until then it's maintenance.

I consider binance as the best, but their maintenance of more than 24 hours without warning ...

yes.I think binance also a good exchanger....just msintenance.

Admin update :Telegram
Jager (Binance):
Bi-hourly update #3

We are traveling steadily, trading is still estimated to recommence at 4am UTC 2018/02/09.

Thank you all for continuing to remain so patient and understanding.

Reminder: We will allow a 30-minute window where users are able to cancel orders prior to trading being re-opened.

I don't think It is a scam.They were just on Forbes and they make real money I don't think they will leave earning that kind of money.

Ok, yall! It's just his own opinion bout that exchange. It's good tho, by the way.
but I really dont know why topic starter calls it scam. it's too much!

The lag is cause of having many buyer in some of the coin, but if you don't want this to happen try using their mobile apps, when web server can't handle the load, mobile apps can still follow with the buy and sell.

this post is very funny it's a comic relief

Lol. Stop spreading unnecessary FUDS that you didn't even care to study that much about. Clearly, you haven't been going around trying out other exchanges other than binance amd the few already famous ones. You should really validate first before you accuse anyone about anything because your actions can really break reputations. Wouldn't be nice if it was done to ya. Hope you keep this in mind. Just giving a friendly advice. No offense intended.

An exciting exchange here directly between John Mcafee and a Binance executive. This is the type of quality news reporting the crypto space is famous for - https://vocaroo.com/i/s1D1P48WrMBs