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JohnDoe3490
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September 25, 2017, 09:19:10 AM |
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China can never close the Binance exchange. He has no power over the exchange.
It may prohibit ICO from Chinese citizens, may prevent ICO from exchanging Binance, may prevent Chinese citizens from registering and trading on Binance exchange but can not close the exchange because it has investors from all over the world.
Do not believe everything you read or listen to on TV!
China can arrest Binance admins and remove Binance servers. So, they can completely close Binance. I think China cannot remove Binance servers in Tokyo. They do not have jurisdiction in a different country. They cannot even prevent trading in HongKong and Macau, let alone go to Japan and remove those servers. The backlash the Chinese government will receive from international investors is huge if they are going to do that. Yup this. I think they have staff everywhere around the world so even shutting down their China office won't close it. |
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kronos123
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September 25, 2017, 07:20:00 PM |
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That's what I'm trying to explain for weeks here.
It's just news for market manipulation.
China and Asia make the largest volumes on the crypto and there are major exchanges in the world, and bigger bitcoin farms.
They have no interest in stopping the carousel! :-)
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AdsAchilles
Newbie
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Activity: 5
Merit: 0
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September 25, 2017, 08:12:51 PM |
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Am I the only one that cannot see BNB Coin bouncing back to the ATH? What's the point in Binance when they can't target the millions of users in China?
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MiBambino
Sr. Member
Offline
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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September 25, 2017, 08:25:16 PM |
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Am I the only one that cannot see BNB Coin bouncing back to the ATH? What's the point in Binance when they can't target the millions of users in China?
they can't target them right now. Give it 5 months and we'll be back at the ATH https://binance.zendesk.com/hc/en-us/articles/115001567991 |
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LA_KOS666
Newbie
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Activity: 9
Merit: 0
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September 25, 2017, 08:30:30 PM |
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I thought the same, I can't wait 5 months, so shoot me now. |
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HODL to the moon
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September 25, 2017, 08:44:48 PM |
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Is BNB also one of the exchanges which get supported by the Chinese regulators? Because I think that has to be really important in order to succeed
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MiBambino
Sr. Member
Offline
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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September 25, 2017, 08:48:43 PM |
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I thought the same, I can't wait 5 months, so shoot me now. don't invest what you need |
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Omega Weapon
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September 26, 2017, 12:09:15 AM |
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China has repeatedly sought to block Bitcoin's growth, but these are just speculative maneuvers.
The biggest farm miners are Chinese, they control price growth; these are just power games to buy Bitcoin lower.
When everything is over, Bitcoin will grow again, and Binance exchange will resume as strong a month ago.
It has almost all international customers, only 15% are Chinese.
All these maneuvers seems to have something else behind the scenes or at least that is what I believe, if the Chinese government really wanted to ban bitcoin they could do that in a heartbeat so I wonder if they are so against it, why they do not do it? So to me all of those threats, news and FUD are nothing but an attempt to manipulate the bitcoin market and obtain benefits that way. you can't ban something just because you don't like it, and it doesn't happen in a heartbeat if probably a large portion of the government itself have invested in cryptos Which is exactly my point, they are invested in crypto as well, they want to have their cake and eat it too, they want to earn a lot of money through bitcoin, altcoins and even icos but they do not want the general population to have the same benefits as well, besides since they know before hand what are going to be their decisions since they are the ones taking them, they have inside information of how the bitcoin market is going to move and they can get benefits that way. |
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dr.cheema
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September 26, 2017, 05:48:30 PM |
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any thoughts on bnb coin ..??
what you think will it blow up soon or it will take some time??
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MiBambino
Sr. Member
Offline
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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September 26, 2017, 06:49:35 PM |
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any thoughts on bnb coin ..??
what you think will it blow up soon or it will take some time??
When the Chinese can trade on Binance again, and when more and more high volume coins get traded on Binance, I think we'll reach 5$/coin again. Give it a few months |
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Thomasbb
Newbie
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Activity: 8
Merit: 0
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September 27, 2017, 06:16:03 AM |
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Thomasbb
Newbie
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Activity: 8
Merit: 0
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September 27, 2017, 06:33:29 AM |
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https://youtu.be/04CeAC7KgGUA bit older but a good explanation why this project is a quite interesting one. Keep in mind that Binance is only running for 2 months and is rapidly growing. Just because of the Chinese fud some uncertainties but on the long run a very interesting project . ( after the recent price drop the perfect time to buy! It is not only a coin to get discounts on binance , I really think binance and the bnb coin both have a great future!
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Ale88
Legendary
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Activity: 2562
Merit: 2864
Catalog Websites
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September 27, 2017, 06:34:38 AM |
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I don't think Binance is international, they're completely Chinese, aren't they?
They are based in Hong Kong, so Chinese laws don't apply there. |
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org0x004
Member
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Activity: 89
Merit: 10
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September 27, 2017, 10:26:12 AM |
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I bought 12 coins and then I found out that I have 11.98 due to fees and now I can only sell 11. Is there a way to buy/sell rational number amounts and not only whole number amounts? If not how I am suppose to sell the 0.98 coins?
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lordzc
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September 27, 2017, 01:14:35 PM |
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A very active stock market. I use binance. I hope it will be smooth.
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John Wick
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September 27, 2017, 02:13:36 PM |
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A very active stock market. I use binance. I hope it will be smooth.
I wonder how Binance will suffer from the regulation and bans. As far as I know they're based on assia and governments are very rigid in there. If they survive, it's gonna be a big one as an exchange. |
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Bonanzacoin
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September 27, 2017, 02:13:49 PM |
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Over a dollar again...
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sepely
Member
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Activity: 115
Merit: 100
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September 27, 2017, 02:41:44 PM |
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I like them but i scare from china affect. we can see one day it has been closed by china government.
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Sowik
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September 27, 2017, 05:39:34 PM |
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What makes this exchange "the future of exchanges". I dont see anything different in there.
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Bonanzacoin
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September 27, 2017, 05:47:26 PM |
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What makes this exchange "the future of exchanges". I dont see anything different in there.
the OP created that, not Binance. But they plan to go decentralised. |
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