Binance-scum?

[Melomory]

I just want to know what you think about the current situation with benance? As for me Binance - not skam, let many people write so recently. While Kraken, Bittrex and many others closed the registration, Binance worked, helping traders-beginners earn, thereby developing the crypto industry. Another thing is that they can handle only 1.4 million orders per second.

On December 7, Binance reported that its platform registered 1 million users, and on December 28, that is exactly after 3 weeks, their number exceeded 3 million people. Binance just could not stand the test of popularity due to limited technical capabilities.

Any Exchange can scrape off, this can happen with both Binance and others. Nevertheless, at the moment it is just a matter of ordinary technical problems. Do not pay attention to the alarmists, who simply do not understand what is happening, as well as to manipulators who are trying to lower the courses for reloading even lower.  
(Sorry that I write this in Bitcoin Discussion topic, I am just new here )

[odolvlobo]

It is not clear from your post just what you think the situation is, and what we are supposed to respond to.

[chuckblocker]

So they are scum? Your title implies that they are, lol

[Melomory]

If it was like "Binance-not scam?", then I would understand your remark, but in my title I think that everything is fine. 

So they are scum? Your title implies that they are, lol

[1Referee]

It is not clear from your post just what you think the situation is, and what we are supposed to respond to.

He is probably referring to the shitload of fud that was thrown at Binance after their lengthy maintenance phase. People kept spreading fud and whatnot, and that while prior to that Binance has always worked fine, and that without many problems, which is indeed a good point. McAfee, the clown has also been part of the fud attack against Binance during their maintenance phase, and that while he knew that they were just performing maintenance. From all the crippled exchanges in this market, Binance fits in the top five exchanges that are seemingly the least crippled.

The only thing that worries me though, is that they have managed to grow insanely fast in such a short period of time. Sure, Chinese exchanges shutting down may have largely contributed to that, but I can't really figure out what it is that makes people flow into Binance aside from that. Exchanges as Bitstamp have a long track record of being a reliable platform, but that's something we can't yet conclude when it comes to Binance. In that regard, it will be interesting to see how they handle further growth in the coming months/years.

[Melomory]

Hmm.. A few days ago when the Binance fall there was a vast discussion "scum it or not", and here either I raised the subject too late or it flew past you)

It is not clear from your post just what you think the situation is, and what we are supposed to respond to.

[alyssa85]

McAfee, the clown has also been part of the fud attack against Binance during their maintenance phase, and that while he knew that they were just performing maintenance.

I think McAfee apologised to Binance. see

https://www.altcoinss.com/news/news-daily-mcafee-apologies-to-binance-ico-laws-in-gibraltar?uid=8079

I don't know why people listen to him in the first place. He's clearly mentally ill, and seems to be caught up in a number of scams. People would be better off just blocking him and ignoring him.

[lizardbtc]

It is not clear from your post just what you think the situation is, and what we are supposed to respond to.

He is probably referring to the shitload of fud that was thrown at Binance after their lengthy maintenance phase. People kept spreading fud and whatnot, and that while prior to that Binance has always worked fine, and that without many problems, which is indeed a good point. McAfee, the clown has also been part of the fud attack against Binance during their maintenance phase, and that while he knew that they were just performing maintenance. From all the crippled exchanges in this market, Binance fits in the top five exchanges that are seemingly the least crippled.

The only thing that worries me though, is that they have managed to grow insanely fast in such a short period of time. Sure, Chinese exchanges shutting down may have largely contributed to that, but I can't really figure out what it is that makes people flow into Binance aside from that. Exchanges as Bitstamp have a long track record of being a reliable platform, but that's something we can't yet conclude when it comes to Binance. In that regard, it will be interesting to see how they handle further growth in the coming months/years.

For now I think Binanace is good it offered a pretty nice exchange with good coin support. From my opinion because they had their own ICO helped them to boost their exchange plus those affiliate links wich are cheap trick to boost up your product and let others talk about it. I like them because they have pretty high limit for not verified users like 2BTC per day, but I do not like the fact that you collect dust from trading some small amounts on their exchange. But yes they are pretty new and have successed to attract public attention as I said it might have to do with their affiliate links as people started to put them around the internet. The fact is you don't really have any big altcoin exchange you can trust much at least from my opinion.