Title: Binance is a good exchange but don't expect forever surge Post by: JeotQ on May 20, 2020, 09:18:11 AM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following
1. Legit projects 2. Good volume 3. Good liquidity 4. Profitable launchpad What binance doesn't guarantee Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof Title: Re: Binance is a good exchange but don't expect forever surge Post by: CuriousGeorge on May 20, 2020, 09:44:24 AM I do agree with it binance won't but can we sure about binance is not even doing a small intervention for any pumo of coin that listed on binance exchange site?
The result will be going back to the project team's decision whether it will be growing or even dumping to the bottom. Title: Re: Binance is a good exchange but don't expect forever surge Post by: pakhitheboss on May 20, 2020, 09:55:06 AM I guess people are treating it as an epitome of cryptocurrency exchange, whereas it is not. It too got hacked and it does have flaw such as centralisation and highest fees for launching a project. I guess there is a lot of hype that still exists about Binance.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: TastyChillySauce00 on May 20, 2020, 10:14:42 AM Isn't that a common sense? There are plenty of projects introduced by binance dumped so hard after the hype ends. I think most of people that already understand how most of those IEO works could predict that. Most of the projects there also relies heavily on the influence by binance and not from their own project. Pretty sure that if they were to be hosted by less reputable exchange most of them would flop.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Gopalwu on May 20, 2020, 10:46:44 AM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following 1. Legit projects 2. Good volume 3. Good liquidity 4. Profitable launchpad What binance doesn't guarantee Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof Thank you for this post, majority has taken it that an coin been listed on top exchanges such as binance that there is a guarantee for a massive pump and majority has lost a huge sum with that mentality cos binance won't be responsible for a coin pump once its listed but it can also help the project to maybe pump a bit cos of that influence of been a too exchange that majority trust Title: Re: Binance is a good exchange but don't expect forever surge Post by: Synaesthesia on May 20, 2020, 11:19:49 AM I do agree with it binance won't but can we sure about binance is not even doing a small intervention for any pumo of coin that listed on binance exchange site? The coins at Binance are usually very easy to manipulate, and if you are not careful, you will easily lose money at this exchange. I often only trade big coins to make a profit here and limit buying coins with low trading volumes because the risk will be high. Anyway, if you have experience making money from this market, then you will have to know what to do next.The result will be going back to the project team's decision whether it will be growing or even dumping to the bottom. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Iyanu14 on May 20, 2020, 11:31:18 AM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following 1. Legit projects 2. Good volume 3. Good liquidity 4. Profitable launchpad What binance doesn't guarantee Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof There is no doubt that Binance is one of the reliable exchanges that numerous projects developers look forward to for listing. It is of a truth that surge of project prices cannot be expected forever because keeping this is also largely depend on the project developers. If a project fails to develop in its roadmap, then there is nothing the exchange can do. But the crux of the matter is that greater percent of projects on binance are reliable. Title: Re: Binance is a good exchange but don't expect forever surge Post by: kapalmabur on May 20, 2020, 11:40:51 AM indeed we cannot always hope that altcoin always surges in binance, but it all depends on the development of the project, if the coin has a good project development, the spike will always be in the binance, but if the project dies then the coin will forever die, and im sure will be delisted from binance
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Lunatic_Pandora on May 20, 2020, 11:49:05 AM I like Binance but their launchpads most of the time are thrash.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: btc78 on May 20, 2020, 11:49:22 AM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following This is somewhat i am being concern for the past that i have reading many thread telling that the Coins must be listed and popular and big exchange for a chance to being Pumped but this is not reality,if the currency really has potential and good team then it will grow even listed in smaller exchange.Quote Let's stop treating binance like volatility proof Title: Re: Binance is a good exchange but don't expect forever surge Post by: batang_bitcoin on May 20, 2020, 12:34:54 PM I always advice people to hop on Binance because it's a good exchange, the support and almost everything but I have never told people that they are a good exchange and they can guarantee pumps. I guess that all started when Binance caused a lot of attention and made every coin wanting to get listed there plus the IEOs that they've conducted, most of them became successful. But op is right, just because a coin is on Binance, they'll be forever pumping.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: 7788bitcoin on May 20, 2020, 12:43:25 PM I guess that all started when Binance caused a lot of attention and made every coin wanting to get listed there plus the IEOs that they've conducted, most of them became successful. But op is right, just because a coin is on Binance, they'll be forever pumping. I know there are a few successful projects that used binance launchpad like BitTorrent and Fetch.AI but i am not following the rest of the projects, if you are looking at the profit the early projects made everyone the profit but i am yet to follow the rest of the projects that launched through binance and other popular exchanges. @OP what ever launchpad you are investing the best option is to get in and out with a profit and that is the mind set for many, but expecting anyone to pump a dead project is not going to happen and not every project will be successful. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Ryushin on May 20, 2020, 12:48:52 PM Isn't that a common sense? There are plenty of projects introduced by binance dumped so hard after the hype ends. I think most of people that already understand how most of those IEO works could predict that. Most of the projects there also relies heavily on the influence by binance and not from their own project. Pretty sure that if they were to be hosted by less reputable exchange most of them would flop. You got this right, many projects are alive of binance exchange today because it is binance, the popularity of the exchange is what keeps the project alive, this means that not all projects that get listed on binance are good Title: Re: Binance is a good exchange but don't expect forever surge Post by: fortunecrypto on May 20, 2020, 01:10:32 PM It used to be that way but not anymore, investors have learned a lot from their past experiences from investing coins coming from IEO, they should look on it on a long term basis, see the potential of the coin in a long term or if they are going to invest, be sure they know when to exit if the coin is going to get dump.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: tulpe123 on May 20, 2020, 01:13:09 PM Binance is not the whole crypto industry, of course they cant promise ethernal growth
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Towerbreeze on May 20, 2020, 01:13:34 PM I can guarantee you that I will always join binance launchpad projects but I will never hold any projects from binance, dump is certainty so I recommend taking profits only the IEO pumps high and if you have good interest in the project pls come back few months later because the price will definitely be below IEO price
Title: Re: Binance is a good exchange but don't expect forever surge Post by: chichidori on May 20, 2020, 01:21:26 PM Not just the popularity but the daily volume of an exchange can directly affect the coin that is going to be listed into its platform, binance is now one of the top exchange and coins are lining up to be listed and get exposed to big time investors, true that someday a more advance exchange will rise up with better security to offer and binance will be a second choice popularity will decrease and so will the coin wanting to get listed.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: JHORN on May 20, 2020, 01:23:32 PM It's same as Bitmax, kucoin, Okex too, many are blaming these top exchanges for making new projects lose value as if it's their faults, maybe investors already forgot that crypto is so volatile, ups and downs is definitely something we can't escape
Title: Re: Binance is a good exchange but don't expect forever surge Post by: coin-investor on May 20, 2020, 01:47:38 PM Binance cannot guaranty the longevity of any project a project can pass the criteria set by Binance but when it comes to running and development of the project, it's on the developers of the project, and Binance are delisting projects that did not live up to the expectation of investors, and no progress in the market.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: b1k4ng on May 20, 2020, 02:39:02 PM I have been using binance for a long time and I agree with what you say, even though many people say coins A, B or C but I never care about it because not all surges will occur after entering binance. honestly I use binance not because of the surge of coins that go in there but because of the security and responsibility of the team in case of hacking like some time ago
Title: Re: Binance is a good exchange but don't expect forever surge Post by: carlisle1 on May 20, 2020, 02:44:23 PM I guess people are treating it as an epitome of cryptocurrency exchange, whereas it is not. It too got hacked and it does have flaw such as centralisation and highest fees for launching a project. I guess there is a lot of hype that still exists about Binance. you know why they have highest fee for launching?because they usually pumped the newly listed coins/tokens in their platform ,that is why it seems that there are manipulation that happening inside.It's same as Bitmax, kucoin, Okex too, many are blaming these top exchanges for making new projects lose value as if it's their faults, maybe investors already forgot that crypto is so volatile, ups and downs is definitely something we can't escape Thats the stupidity of people to blame exchange as if they knew what would happen in the future,Yeah exchange must be choosy in letting project to be listed but it is not their duties to check each projects progress because they have done their part and it is from the team to make the project move up.Binance cannot guaranty the longevity of any project a project can pass the criteria set by Binance but when it comes to running and development of the project, it's on the developers of the project, and Binance are delisting projects that did not live up to the expectation of investors, and no progress in the market. exactly my point,there is nothing to be blame for the projects failure that the developer and the team .Title: Re: Binance is a good exchange but don't expect forever surge Post by: minairia3 on May 20, 2020, 02:57:43 PM What binance doesn't guarantee Maybe fools will believe that binance has any bullet proof for liquidity. Its not their call actually when the token project gets dump. However, factors affecting the dump can be depend also on how their performance or project concept really does. Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof There are too many projects that has experience all of it. I think almost all, if I could recall none a single IEO project on Binance ever retained their price for a lomg time or the ATH it was recorded but thats how investor jump from ship to ship, its all about profits and the reality show us how cryptocurrency works based on profits and not on it use cases. Title: Re: Binance is a good exchange but don't expect forever surge Post by: KaratX on May 20, 2020, 04:07:18 PM Whenever a coin or token dumps on binance many who have no idea how crypto works will start saying what they like against binance, a coin that finds its way to top exchange should not relent, many project did this, thinking binance will carry them along but they are wrong
Title: Re: Binance is a good exchange but don't expect forever surge Post by: xZork on May 20, 2020, 04:33:42 PM I guess people are treating it as an epitome of cryptocurrency exchange, whereas it is not. It too got hacked and it does have flaw such as centralisation and highest fees for launching a project. I guess there is a lot of hype that still exists about Binance. Although Binance still has many bugs, it is still one of the best exchanges available today.However, I agree that a project appearing on binance exchange does not mean that it is a good project. There are still a lot of bad IEO projects appearing on binance and many investors have lost money. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Mia44 on May 20, 2020, 04:34:43 PM I think it's hard to change people's minds, and most of the new coins listed on Binance have better performance. That still attracts people to pay attention to the new coins on binance.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: FLHippy on May 20, 2020, 04:40:31 PM For sure it is, but do not forget about the option that someone else (hackers, goverments) will cause that Binance lose money, will be stopped or anything else.
Send all your money after you exchange immediately to your wallet to prevent all disasters. ;) Title: Re: Binance is a good exchange but don't expect forever surge Post by: ShowOff on May 20, 2020, 04:45:23 PM Binance is a popular crypto exchange for most cryptocurrency users and now binance is the number one exchange in cmc based on 24-hour trading volume and search traffic. Rank Exchange on CMC (https://coinmarketcap.com/rankings/exchanges/)
As one of the TOP exchanges, Binance has a good reputation among investors and traders for several reasons. Maintaining the liquidity of a project I think is not one of the responsibilities of every exchange, including binance. Altcoin liquidity on exchanges is the responsibility of the developer and binance as an exchange medium only helps developers provide products that can be traded on their trading platforms. IMO All altcoins that can enter binance exchanges are altcoins who have passed the exchange test with various criteria. Altcoin prices are determined by traders and not by exchanges, so the exchange effect on altcoin liquidity I think is due to the reputation of the exchange itself which has been considered a safe and reliable exchange. So its not a good thing if we hope that the exchange can guarantee altcoin liquidity and its price. Everything is determined by the trader and the good and the bad of altcoin in exchange depends on how the developer. Title: Re: Binance is a good exchange but don't expect forever surge Post by: el kaka22 on May 20, 2020, 05:05:43 PM There are tons of coins that has been delisted from binance, which suggest you are 100% right because people who see the coin listed on binance allows it to get to be more on public eye and there are more trades going on etc etc, however eventually if the coin is not run by a proper team it will get a lot worse. That is why I hate paying people to run a coin, this is not a business its a currency, if I want to use a currency that has a team behind it, I would use dollars in fiat, at least a huge government backs it no matter how bad they are.
You know why I love bitcoin? Because, there is nobody that controls it unlike the ICO's these days. So, binance is a help but it is not a solution, sure you could be better thanks to binance but if you suck, you will suck no matter where. Title: Re: Binance is a good exchange but don't expect forever surge Post by: MikeyVeez on May 20, 2020, 05:06:42 PM I do not think that coins that are newly added experience a pump. This was in the history when every good news, listing, partnership caused ten of percents grow. But now situation is pretty diffrent.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: $crypto$ on May 20, 2020, 05:32:03 PM Indeed, many people assume that the Binance exchange is always identical to the pumping of coins that are there even every coin listed there is always in the hands of investors or traders because Binance is indeed big in its liquidity, but I think not only is Binance able to pump coins there are still many other exchanges besides binance that are better and always profitable for them, and I know that binance is now the number 1 exchange at Coinmarketcap.
I always don't take decisions from one market like Binance so there are others who benefit more or see the quality of projects that are legitimate and are still ongoing. Title: Re: Binance is a good exchange but don't expect forever surge Post by: lillobo on May 20, 2020, 06:47:08 PM Binance is the largest crypto exchange by volume, has announced that it will stop serving in crypto market individual and corporate customers on its main platform Binance.com. If the real customers will likely still be able to bypass the restrictions and trade on Binance. Binance offers a much better selection of cryptocurrency trading than Coinbase.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: tycsols on May 20, 2020, 06:56:35 PM Binance is actually a great platform and most of the community has their trust on binance platform but you are very right this platform can not guarantee any price stability or growth of any coin rather it depends on the market demand and supply.
Secondly, product development, competency of the team and their marketing teams combined efforts are the basics that are important and influence the price and demand of a project. Title: Re: Binance is a good exchange but don't expect forever surge Post by: tvplus006 on May 20, 2020, 09:09:51 PM There is no doubt that Binance is one of the reliable exchanges that numerous projects developers look forward to for listing. It is of a truth that surge of project prices cannot be expected forever because keeping this is also largely depend on the project developers. If a project fails to develop in its roadmap, then there is nothing the exchange can do. But the crux of the matter is that greater percent of projects on binance are reliable. Binance is very careful when choosing a coin for conducting IEO, so it is not surprising that such projects start well. As a rule, each coin after the IEO increases in price several times. Traders get another tool for trading, and the project team gets at their disposal the funds that are necessary for development. Title: Re: Binance is a good exchange but don't expect forever surge Post by: BChydro on May 20, 2020, 09:22:18 PM Binance is very careful when choosing a coin for conducting IEO, so it is not surprising that such projects start well. As a rule, each coin after the IEO increases in price several times. Traders get another tool for trading, and the project team gets at their disposal the funds that are necessary for development. I was not aware of this part that binance will choose the coins they conduct the IEO, i thought they will be accepting anyone who provides the fees they are asking. I did not participate in any IEO projects from any exchange as i lost trust in the experimental project market where everything is to pump and dump and i am yet to see solid ten companies that made a successful business model.Title: Re: Binance is a good exchange but don't expect forever surge Post by: yazher on May 20, 2020, 09:40:25 PM That's why we have a lot of coins to choose from and a lot of exchanges to move our coins to. All of them are competing with each other that one may be developed something that will attract a lot of users or maybe some of the exchanges like Binance have something unique that will make their users stay and invest in whatever coins they are promoting. the big difference among the exchanges is their liquidity and massive trading volume every day to gain some trust from the users you need to have these kinds of features.
It's not really permanent, especially that only unique features you have will be copied by the other and they also improved it on their exchange. some developed particular features that attract many of the investors to their platform and others have the ability to make their users stay their exchange for a long time. Title: Re: Binance is a good exchange but don't expect forever surge Post by: itsv on May 20, 2020, 10:04:05 PM Apart from binance there are lots of exchanges which launch IEO's .. So it's not up to exchange to keep the project alive. They only provide the launchpad for projects which can afford to be listed. And looking back at the banace lauchpad i think every project managed to reach their softcap target.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Mealea on May 20, 2020, 10:07:54 PM Expecting a pump on binance at all time is at your own risk. The Truth is, nothing is guarantee anymore. Even in binance, coin is dumping hard these days. People been disappointed by the outcome of some coins listed on binance. We just need to face the reality that nothing is guarantee anymore.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: adzino on May 20, 2020, 11:12:55 PM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following Not sure what you are trying to say here. Are you trying to say that just because a coin is listed on binance it does not mean that the coin is really good, or are you trying to say that if the coin developers go rouge, we shouldn't be blaming the exchange? Both the cases are true.1. Legit projects 2. Good volume 3. Good liquidity 4. Profitable launchpad What binance doesn't guarantee Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof According to you binance ensures the points you mentioned, but they can't guarantee? They why would they ensure their users in the first place? Title: Re: Binance is a good exchange but don't expect forever surge Post by: kawetsriyanto on May 20, 2020, 11:13:40 PM I assume that people stated Binance is a good exchange because of :
1. The trustworthiness of good coins/tokens listed there 2. The performance of that exchange So, there is no correlation to the "surge" of the coins/tokens. The surge indeed depends on the demand or interest from people in the market. It can be higher if the people trust in the future of those coins/tokens. And this has a correlation to the progress of the project and how good the team members manage the project itself. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Mighty_crypt on May 21, 2020, 06:01:51 AM For a project to surge it depends on how demanding the token or coin are, I believe this is the only thing can that make a coin to surge, binance exchange only provides real volume and real liquidity unlike many bad exchanges with fake volumes today
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Tipstar on May 21, 2020, 06:05:15 AM Binance is careful on selecting the coins to host in its platform. About half of the IEO there are inside project while the rest are from a well established team. Getting into Binance IEO is not possible for a new team that want to raise a quick fund. So, it's not even worth trying for them.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Vitalicus on May 21, 2020, 07:22:04 AM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following This is so true. There's no guarantee on keeping the value of coins on Binance exchange platform. Let's look at it just like a stock exchange platform. To be able to determine the potential as well as the threats on cryptocurrency required a lot of techniques that traders need to know. There's no such easy thing like look at the buying volume and liquidity on Binance to make a decision on investing.1. Legit projects 2. Good volume 3. Good liquidity 4. Profitable launchpad What binance doesn't guarantee Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof Title: Re: Binance is a good exchange but don't expect forever surge Post by: Docnaster on May 21, 2020, 07:39:29 AM Exchanges should be platforms that are used for cryptocurrency trading, not for participating in moonshots and planned pump and dumps—that's exactly what IEOs are (for the most part).
I am 100% sure that CZ knows that the projects listed on the launchpad are likely to spike to above their IEO price, and I wouldn't be surprised if Binance and/or the listed projects hire a huge number of liquidity providers to help drive up the trading volumes on the IEO tokens to help them grow. However, it has worked every time so far, so the investors don't really get burned, whereas the traders investing in the days and weeks after listing often do. Either way, I still use Binance for the majority of my trades, but I'm not a fan of its IEO platform or pump tactics. Title: Re: Binance is a good exchange but don't expect forever surge Post by: tippytoes on May 21, 2020, 07:49:19 AM Exchanges should be platforms that are used for cryptocurrency trading, not for participating in moonshots and planned pump and dumps—that's exactly what IEOs are (for the most part). I am 100% sure that CZ knows that the projects listed on the launchpad are likely to spike to above their IEO price, and I wouldn't be surprised if Binance and/or the listed projects hire a huge number of liquidity providers to help drive up the trading volumes on the IEO tokens to help them grow. However, it has worked every time so far, so the investors don't really get burned, whereas the traders investing in the days and weeks after listing often do. Either way, I still use Binance for the majority of my trades, but I'm not a fan of its IEO platform or pump tactics. Pump tactics I believe is happening everywhere, not only in Binance. But one advantage with BNB is that they are reputable exchange, and with that, they will only accept projects that are really substantial and have good foundation. The reason why only few projects are listed under their IEO launchpad. However, if you are an investor, you should not rely your fate to BNB's way of selecting projects, but you also have to do your own due diligence. Gauge if that project is really something that will hit in the market. Even projects with great concept and solid foundation don't attract good number of users so you should meticulously study their potential in the market that will give you an idea if you will be in profit or not. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Desscount on May 21, 2020, 08:07:19 AM Binance is careful on selecting the coins to host in its platform. About half of the IEO there are inside project while the rest are from a well established team. Getting into Binance IEO is not possible for a new team that want to raise a quick fund. So, it's not even worth trying for them. if all the exchange platforms such as Binance, maybe the scam project will be reduced, because of the strict regulations on the platform, I like it if Binance removes some pairs that traders are not interested in Title: Re: Binance is a good exchange but don't expect forever surge Post by: DarkDays on May 21, 2020, 08:20:07 AM Exchanges should be platforms that are used for cryptocurrency trading, not for participating in moonshots and planned pump and dumps—that's exactly what IEOs are (for the most part). I am 100% sure that CZ knows that the projects listed on the launchpad are likely to spike to above their IEO price, and I wouldn't be surprised if Binance and/or the listed projects hire a huge number of liquidity providers to help drive up the trading volumes on the IEO tokens to help them grow. However, it has worked every time so far, so the investors don't really get burned, whereas the traders investing in the days and weeks after listing often do. Either way, I still use Binance for the majority of my trades, but I'm not a fan of its IEO platform or pump tactics. They absolutely must be hiring liquidity manufacturers or deploying trading bots. The trading volume some of these IEOs see soon after listing is insane—even given the hype they receive during the IEO and prior to listing. Then this suddenly drops off a few weeks after listing, indicating the contract with the liquidity provider has finished. If you're going to invest in IEO tokens, the only right time to do so is DURING the IEO. Anything after is rolling a loaded dice. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Reid on May 21, 2020, 08:38:17 AM I hope they can all read this.
But I doubt that. ;D It had been a long run telling all this kinds of truth but yet when you visit telegram channels of newly finished ICO's or IEO's this is what you will still see. When Binance? ;D Title: Re: Binance is a good exchange but don't expect forever surge Post by: Ken_terrance on May 21, 2020, 08:49:57 AM IEO projects are successful on top exchanges because they have the best investors due to high trading volumes and liquidity, quick profits is certain from top exchanges but has nothing to do with future price
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Taskford on May 21, 2020, 09:03:58 AM I hope they can all read this. But I doubt that. ;D It had been a long run telling all this kinds of truth but yet when you visit telegram channels of newly finished ICO's or IEO's this is what you will still see. When Binance? ;D When binance that is the question what I always encounter when I see some project ended and I cannot blame the investor to ask that since they think that their token supported will have a good future if dev will list it on binance. IEO projects are successful on top exchanges because they have the best investors due to high trading volumes and liquidity, quick profits is certain from top exchanges but has nothing to do with future price Because top tier exchange creates hypes that's why you see those projects getting a high success rate. Title: Re: Binance is a good exchange but don't expect forever surge Post by: kensaii on May 21, 2020, 09:07:54 AM People only see at the cherry on top. Gosh I saw so many hypes surround a project if they said they would be list on Binance. The hype almost becomes madness as everyone talks about how the price would surge, guaranteed profit, can't go wrong,... When in the end, Binance is just an exchange and it can't magically help projects success if they're shit.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: LogitechMouse on May 21, 2020, 09:15:23 AM Who in the hell think Binance like this??
For newbie traders maybe they see it like this but for those who are using the exchange for a long time already, they know that there is no forever surge even when a coin has been listed on a good exchange like Binance. Don't think that because Binance is a popular exchange then dumps will never happen because the reality is they are the ones who are dumping some of their coins that they are holding especially when a new IEO is launched on their exchange. The hype on a coin that is being listed on Binance will be more compare to a coin that is listed on not so popular exchange but both of them will lead to same endings. After listing, it will dump. No forever surge in Binance but still there will be pumps and dumps that happen. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Blue_oxen on May 21, 2020, 09:26:34 AM People only see at the cherry on top. Gosh I saw so many hypes surround a project if they said they would be list on Binance. The hype almost becomes madness as everyone talks about how the price would surge, guaranteed profit, can't go wrong,... When in the end, Binance is just an exchange and it can't magically help projects success if they're shit. You're right. Newbie traders usually have this mistake. They feel secure when they research a project and they see that coin "is going to be listed" on Binance. Think of it like a stock that is listed on the stock market. THERE'S NO GUARANTEED PROFIT for any of those coins even BTC, BNB, or ETH. Title: Re: Binance is a good exchange but don't expect forever surge Post by: CuriousGeorge on May 21, 2020, 09:41:34 AM IEO projects are successful on top exchanges because they have the best investors due to high trading volumes and liquidity, quick profits is certain from top exchanges but has nothing to do with future price It's not but in this case we are discussing about the pump that happened on binance will not remain forever that means volume, liquidity even the investors can give a sustain impact to the price of token for the long term, we must not take major exchange as a key to pump the price of token forever. Title: Re: Binance is a good exchange but don't expect forever surge Post by: batang_bitcoin on May 21, 2020, 11:11:36 AM I guess that all started when Binance caused a lot of attention and made every coin wanting to get listed there plus the IEOs that they've conducted, most of them became successful. But op is right, just because a coin is on Binance, they'll be forever pumping. I know there are a few successful projects that used binance launchpad like BitTorrent and Fetch.AI but i am not following the rest of the projects, if you are looking at the profit the early projects made everyone the profit but i am yet to follow the rest of the projects that launched through binance and other popular exchanges. @OP what ever launchpad you are investing the best option is to get in and out with a profit and that is the mind set for many, but expecting anyone to pump a dead project is not going to happen and not every project will be successful. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Psynthax on May 21, 2020, 12:37:06 PM People only see at the cherry on top. Gosh I saw so many hypes surround a project if they said they would be list on Binance. The hype almost becomes madness as everyone talks about how the price would surge, guaranteed profit, can't go wrong,... When in the end, Binance is just an exchange and it can't magically help projects success if they're shit. You're right. Newbie traders usually have this mistake. They feel secure when they research a project and they see that coin "is going to be listed" on Binance. Think of it like a stock that is listed on the stock market. THERE'S NO GUARANTEED PROFIT for any of those coins even BTC, BNB, or ETH. Title: Re: Binance is a good exchange but don't expect forever surge Post by: aioc on May 21, 2020, 01:20:45 PM Binance can do nothing about it if the developers of a coin decided that they had enough and abandon the project, we have seen that happens on many times in the past even when the times that Binance is not yet existing, investing is always at your own risk, you cannot expect an exchange to save you from all that risk, it's one of the realities of investing.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: SacriFries11 on May 21, 2020, 01:59:37 PM Binance can do nothing about it if the developers of a coin decided that they had enough and abandon the project, we have seen that happens on many times in the past even when the times that Binance is not yet existing, investing is always at your own risk, you cannot expect an exchange to save you from all that risk, it's one of the realities of investing. Yes, Agree. Its like the nature of ICO's and most of them end up with nothing. Some projects are not longer exist or exit with connection with cryptocurrency. Even a great project can be bad after the hype listing in the best exchange. You can consider a big profit in the beginning but as time goes by project will be fade. Devs should put more hard work to survive the market dump, and continue to develop their project.Title: Re: Binance is a good exchange but don't expect forever surge Post by: Flux0z on May 21, 2020, 04:15:00 PM You forgot:
Binance wont list their competitors Here's the full story behind Blocknet trying to get listed on Binance, but was ignored and even questioned about how their DEX works (before Binance launched their own ::)) https://www.youtube.com/watch?v=JSCAelH_iuk Binance is a decent exchange, but it's leader CZ is a crook, who cares about NOTHING but money and power. He's creating centralized networks, which is completely against what we want, yet people follow him like sheeps. Binance only made their (fake) DEX because they KNOW competition from DEX's will be tough in the future. Title: Re: Binance is a good exchange but don't expect forever surge Post by: tvplus006 on May 22, 2020, 04:00:08 PM Binance is very careful when choosing a coin for conducting IEO, so it is not surprising that such projects start well. As a rule, each coin after the IEO increases in price several times. Traders get another tool for trading, and the project team gets at their disposal the funds that are necessary for development. I was not aware of this part that binance will choose the coins they conduct the IEO, i thought they will be accepting anyone who provides the fees they are asking. I did not participate in any IEO projects from any exchange as i lost trust in the experimental project market where everything is to pump and dump and i am yet to see solid ten companies that made a successful business model.I took part in the last IEO Cartesi, which was held on Binance. And after listing on the exchange, the token immediately gave 450% of the IEO price. I managed to sell tokens at this price. Now their price is 2.5 times less than the maximum price, but still higher than the one at which the IEO was conducted. Title: Re: Binance is a good exchange but don't expect forever surge Post by: pragna on May 22, 2020, 04:36:33 PM This is one kind of hype that Binance list means hot coin. this is not surely. There are many coins whose listed to binance and price is very low. Actually this trust did not created once in a day. If i memorize when binance hacked traders or investors did not loser. This created storng positive mentality about binance and people think that if i trade at binance my wealth are safe. this maybe another reason of choosing binance.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Baimovic on May 22, 2020, 04:54:28 PM Binance is the top exchange. So don't be surprised if many people think that Binance is the best exchange and there are many projects that do IEO there. but all that goes back to the team of the project itself, for me personally has no doubts about the Binance exchange.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: judeafante on May 22, 2020, 04:58:05 PM I notice that some coins that held their IEO in Binance are good when they are starting out but as time goes by they fade away, this is one of the risks be sure you are following the development of the coins you've invested, some of them lose steam after having a good start, you cannot blame but yourself if you fail to sell before it crashes.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: rexxarofmoknathal on May 22, 2020, 10:57:12 PM Well, Binance keeps coming out with more and different projects so at least for that duration of time the surge should be real but afterwards it would still be a matter of performance and I'm sure at some point the price won't stay forever up but just by taking into account he time factor that's to be expected anyway
Title: Re: Binance is a good exchange but don't expect forever surge Post by: bittick on May 22, 2020, 11:21:39 PM Binance is the top exchange. So don't be surprised if many people think that Binance is the best exchange and there are many projects that do IEO there. but all that goes back to the team of the project itself, for me personally has no doubts about the Binance exchange. All of results will depend on the team but we must remember the majority of coins wanna be listed on binance caused by to increase the liquidity. I think it's not always to make the price surge. When a coin listed on binance and it can attract so many attentions. Title: Re: Binance is a good exchange but don't expect forever surge Post by: South Park on May 22, 2020, 11:37:09 PM Isn't that a common sense? There are plenty of projects introduced by binance dumped so hard after the hype ends. I think most of people that already understand how most of those IEO works could predict that. Most of the projects there also relies heavily on the influence by binance and not from their own project. Pretty sure that if they were to be hosted by less reputable exchange most of them would flop. There is a saying that goes like this "there is nothing more uncommon than common sense" and I think it is right, the OP makes some very good points and while all of that should be common sense it isn't for most traders out there and this is because they let greed to blind them to the truth right in front of them, they want to obtain significant profits in a very short amount of time with no effort and we know that is impossible, so they keep deceiving themselves thinking that they can and they ignore all the warning signs against their beliefs, and we all know how it ends with 99% of those people losing all of what they have.Title: Re: Binance is a good exchange but don't expect forever surge Post by: Valzador on May 22, 2020, 11:41:12 PM All of results will depend on the team but we must remember the majority of coins wanna be listed on binance caused by to increase the liquidity. I think it's not always to make the price surge. When a coin listed on binance and it can attract so many attentions. Because it's not easy for a project to be listed on the Binance exchange, you have to pay a massive amount of funds, or your project looks attractive to the binance team.They maintain the quality of a project by delisting if there is no volume or low project development. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Denreal on May 22, 2020, 11:53:33 PM I notice that some coins that held their IEO in Binance are good when they are starting out but as time goes by they fade away, this is one of the risks be sure you are following the development of the coins you've invested, some of them lose steam after having a good start, you cannot blame but yourself if you fail to sell before it crashes. Most of the IEOs in the crypto space, not only on Binance launchpad, but also on other begged exchanges, they do not always remain the same. Around the period of the IEO, their prices usually surge and they would have ATH at that time, but after some time, they would fall. The good thing about them is usually that they do not fall back to the IEO price, which is unlike other shit or smaller exchanges. Title: Re: Binance is a good exchange but don't expect forever surge Post by: terizla on May 23, 2020, 01:03:45 AM I trust Binance is good exchange, but Binance is not the number one good exchange.
There are many good exchangescan make good project grow. Title: Re: Binance is a good exchange but don't expect forever surge Post by: alan2here on May 23, 2020, 01:13:09 AM I trust Binance is good exchange, but Binance is not the number one good exchange. Which exchange is better than Binance for the time being because for me, Binance is the best exchange for investors during this period. Of course, many new exchanges appear in this market but certainly cannot compete with Binance. There are many good exchangescan make good project grow. However, there are still some very potential exchanges that have only recently started, and if investors are interested, that exchange will soon become Binance someday. Title: Re: Binance is a good exchange but don't expect forever surge Post by: istiak2277 on May 23, 2020, 02:26:43 AM There are many more projects that are still listed on binance but its price dump so much. I think Binance is very popular because of its liquidity. This is a very popular exchange and top investors like to use it as their playing group. A fake project can not afford the expense of this exchange that's why it ensures project legitimate I think. Binance builds up a good trust to the crypto community.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: Denamen on May 23, 2020, 03:15:13 AM There are many more projects that are still listed on binance but its price dump so much. I think Binance is very popular because of its liquidity. This is a very popular exchange and top investors like to use it as their playing group. A fake project can not afford the expense of this exchange that's why it ensures project legitimate I think. Binance builds up a good trust to the crypto community. The coins that are going to be listed at Binance usually rise very quickly in a short time, but after being officially listed, it will tend to decrease even more. I don't know the reason for the value of that coin going down, but here is the situation for all coins listed at Binance. Of course, there are still some very stable rising coins that have always been of interest to people over the past few years.Title: Re: Binance is a good exchange but don't expect forever surge Post by: WannaCry on May 23, 2020, 09:08:41 PM for starting project its good for them to use binance as their exchange market..but binance is not always as good, because even they put their project in that exchange it depends always to the community if they will trust the project..
Title: Re: Binance is a good exchange but don't expect forever surge Post by: joinfree on May 23, 2020, 09:47:36 PM Absolutely mate. Just because a coin is listed on Binance means its value is going to grow forever. The growth of any coin comes entirely from its developmental stages as well as technological accomplishments in this crypto industry.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: killerfrost on May 23, 2020, 09:54:48 PM The projects listed at Binance are good projects, and they always have volume in this market. But not every project can be profitable for investors because their charts move differently and we need to research it thoroughly before deciding to invest in them.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: CaVO32 on May 23, 2020, 11:06:07 PM The projects listed at Binance are good projects, and they always have volume in this market. But not every project can be profitable for investors because their charts move differently and we need to research it thoroughly before deciding to invest in them. Because those projects listed on Binance is still under the control of those respective developers. If the developer decides not to push thru their developments and just rely on the traders, definitely the project is heading to its grave. This is the reason why even if BNB has very stringent in selecting their projects, still they can't tell the real intentions of the developers. They will just evaluate on what the projects are submitting to them. So it is also the investors' responsibility to assess the project if they can truly implement their objectives or not or they are just putting a show to the investors. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Zemomtum on May 23, 2020, 11:51:08 PM That is indeed a great contribution. The majority of the token to maintain its stability is progressive features and regular reports of such to the community members. Binance cannot force the team to make a decision that will be beneficial to the project
Title: Re: Binance is a good exchange but don't expect forever surge Post by: hushpupppy on May 24, 2020, 08:32:08 AM Even without binance, nobody should expect forever surge.
For every pumps in the crypto space, there will be definitely be a dump. This is why it is recommended to always do your research. Title: Re: Binance is a good exchange but don't expect forever surge Post by: @baoli on May 24, 2020, 08:52:53 AM For sure nothing last forever. Alot of first generation companies come and go so for now Let's rely on Binance for liquidity at the moment till things change. Other exchange will come up to compete.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: asriloni on May 24, 2020, 11:16:27 AM For sure nothing last forever. Alot of first generation companies come and go so for now Let's rely on Binance for liquidity at the moment till things change. Other exchange will come up to compete. Other exchange sites will come to compete with binance but binance has already taken some important steps to anticipate that by try to acquisition the important business that can help the adoption. The pump will never remain forever and this market is filled with pump and dump scheme. Liquidity doesn't matter a lot but FOMO was giving a huge impact to increase the liquiditiy of a coin. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Vishnu.Reang on May 24, 2020, 01:54:02 PM I have been around here for sometime, and therefore I would agree with the OP. Binance became the largest cryptocurrency exchange relatively recently. Earlier, it was the Mt Gox, which folded in 2014. After that BTC-e got the crown. They reigned, until the FBI closed down their exchange and arrested Alexander Vinnik. Then it was Cryptopia, which survived for a couple of years. Now it is the turn of Binance and let's see for how long they will remain at the top.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: kynaz on May 24, 2020, 02:09:46 PM I have been around here for sometime, and therefore I would agree with the OP. Binance became the largest cryptocurrency exchange relatively recently. Earlier, it was the Mt Gox, which folded in 2014. After that BTC-e got the crown. They reigned, until the FBI closed down their exchange and arrested Alexander Vinnik. Then it was Cryptopia, which survived for a couple of years. Now it is the turn of Binance and let's see for how long they will remain at the top. The era of Binance has only dominated for a few years, and it is still too early to talk about the end of this exchange. Currently, Binance focuses a lot on security, so even if a large amount of money is lost, they still have other money, so investors can feel secure when using it. For me, Binance has a huge difference compared to other exchanges and will certainly be very hard to collapse.Title: Re: Binance is a good exchange but don't expect forever surge Post by: bitgolden on May 24, 2020, 07:43:01 PM How will they go down will be the biggest thing. The first exchanges that was created all decided that they would rather be acquired and they wanted to get out, that was the thing about them they didn't think big, they just wanted to sell and leave so they could live rich which is a good decision for the owner, but not for the exchange.
Binance is the first one that is a bit different, they have actually bought out other companies, the latest one is CMC and I still do not believe that it was for 400 million dollars, that is A LOT of money but doesn't matter how much, they own it now. Which means it can't go down because it got sold to some person who doesn't know how to run, it is still the same CZ we know that runs it. I know eventually it will go down like all others as well but I just can't think of the way how it will all come to an end. Title: Re: Binance is a good exchange but don't expect forever surge Post by: BD Money365 on May 24, 2020, 07:58:22 PM I will always try to join binance launchpad projects but I never hold this projects, i saw most of the Binance IEO is successful.
leave is certainty consequently I advise pleasing profits individual the IEO pumps elevated and if you engage in clever hobby in the fling pls approach in return hardly any months shortly as the rate will positively be below IEO penalty Title: Re: Binance is a good exchange but don't expect forever surge Post by: davidroux on May 25, 2020, 03:07:59 AM I will always try to join binance launchpad projects but I never hold this projects, i saw most of the Binance IEO is successful. All of the IEO projects here are pleasing to investors, and almost no projects have failed at this exchange. However, to participate, you will have to compete with many other investors and often depend on your luck. In the past, I have participated in more than 4 IEO projects here, and there was a project that helped me earn a 500% profit in a very short time.leave is certainty consequently I advise pleasing profits individual the IEO pumps elevated and if you engage in clever hobby in the fling pls approach in return hardly any months shortly as the rate will positively be below IEO penalty Title: Re: Binance is a good exchange but don't expect forever surge Post by: tvplus006 on May 25, 2020, 06:54:49 AM I notice that some coins that held their IEO in Binance are good when they are starting out but as time goes by they fade away, this is one of the risks be sure you are following the development of the coins you've invested, some of them lose steam after having a good start, you cannot blame but yourself if you fail to sell before it crashes. We know that not all projects can be successful and it does not depend on how the listing was conducted, after the IEO or on General grounds. But I have more confidence in those projects that conducted their IEO on Binance, because they were additionally verified by the exchange. Title: Re: Binance is a good exchange but don't expect forever surge Post by: kakamrul on May 25, 2020, 09:28:16 AM You are right but Currently Binance is the most powerful and trusted exchange in the world. So First, a coin list announcement actually becomes a fomo creation. And sow Big pump in the coin.
Title: Re: Binance is a good exchange but don't expect forever surge Post by: kkofor on May 25, 2020, 11:03:11 AM I notice that some coins that held their IEO in Binance are good when they are starting out but as time goes by they fade away, this is one of the risks be sure you are following the development of the coins you've invested, some of them lose steam after having a good start, you cannot blame but yourself if you fail to sell before it crashes. We know that not all projects can be successful and it does not depend on how the listing was conducted, after the IEO or on General grounds. But I have more confidence in those projects that conducted their IEO on Binance, because they were additionally verified by the exchange. Title: Re: Binance is a good exchange but don't expect forever surge Post by: pilosopotasyo on May 25, 2020, 11:29:18 AM Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following 1. Legit projects 2. Good volume 3. Good liquidity 4. Profitable launchpad What binance doesn't guarantee Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake Let's stop treating binance like volatility proof Binance and the coin are two independent company, Binance can do as much if they find a coin or project that lacks volume and liquidity it can decide to delist it, to avoid losses of investors, so investors should update themselves if the coin they choose to support is delivering. Title: Re: Binance is a good exchange but don't expect forever surge Post by: Kelvinid on May 25, 2020, 11:30:38 AM To be listed at Binance, the project has certainly gone through many different stages and was censored very carefully. IEO at Binance is not easy, but if IEO is here, that project will feel very happy because making money and developing will become more convenient. However, these coins will usually be pumped in the initial period and will adjust when they are no longer interesting to investors. Title: Re: Binance is a good exchange but don't expect forever surge Post by: kceekcee on May 25, 2020, 04:29:51 PM Yes, binance is a good exchange, but you need to understand that listing of token on a top exchange does not mean constant surge of price.
The constant surge in price of tokens, depend on the token valuation, worth and also long term projects. Title: Re: Binance is a good exchange but don't expect forever surge Post by: shadowdio on May 25, 2020, 05:07:13 PM Of course it depends to the development of the project but binance is already gained popularity we can not blame those people suggesting to list in binance, because they really want to earn profit in just a short time. Of course not all the time the price is always on top because of binance it is just temporary, the price will down anytime. It depends to the project, not the exchange.
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