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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131507 times)
KingCanute
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August 24, 2017, 10:18:51 AM
 #241

BNB is starting to drop down pretty quick. Hopefully sold half of them at good price, no just need to find bottom, to buy more Smiley



Some really dodgy bot-trading there. purchases of 10bnb every 10 satoshi in between every legit sale plummeting the value down. careful folks!
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August 24, 2017, 01:10:16 PM
 #242

BNB is starting to drop down pretty quick. Hopefully sold half of them at good price, no just need to find bottom, to buy more Smiley



Some really dodgy bot-trading there. purchases of 10bnb every 10 satoshi in between every legit sale plummeting the value down. careful folks!

See my "Binance B.S." post. Wonder if this is related.

vilns
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August 24, 2017, 03:08:14 PM
 #243

Some really dodgy bot-trading there. purchases of 10bnb every 10 satoshi in between every legit sale plummeting the value down. careful folks!

Also noticed that. Looks like someone desperately try to push down price, maybe for some huge buy and then pump back. But you never know for sure of course. So, still waiting whats happening. While waiting, there are other good things like HSR.
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August 24, 2017, 04:23:39 PM
 #244

Many who bought low, are selling now. nevertheless the price is holding up. Thats a very good sign. If the early buyers wouldnt sell (duh) it would be over $4 by now. And the thing is, when fees get implemented people WILL buy BNB. So, its a nobrainer to not step in if u ask me.  IF and IF the platform will remain its position and may even climb, which isnt far out the realm of possibilities, BNB will climb steadily.

At least thats how i see it.

Correct me if im wrong.
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August 24, 2017, 09:33:39 PM
 #245

Price dropping desperately -.-
Kinda worried now..
2.29$
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August 24, 2017, 09:37:21 PM
 #246

I wouldn't worry look at the order book and see there are very minimal buy orders at the price people want which is good.

DAO.Casino
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August 24, 2017, 09:41:26 PM
 #247

Many who bought low, are selling now. nevertheless the price is holding up. Thats a very good sign. If the early buyers wouldnt sell (duh) it would be over $4 by now. And the thing is, when fees get implemented people WILL buy BNB. So, its a nobrainer to not step in if u ask me.  IF and IF the platform will remain its position and may even climb, which isnt far out the realm of possibilities, BNB will climb steadily.

At least thats how i see it.

Correct me if im wrong.

This is why the price has dropped...
There was an issue this morning with the TRON ICO
here is the response:

Quote
We encountered a technical performance issue (related to in-memory locking) during the TRON ICO. It took some time to narrow down to the specific issue. The issue has been fixed.  All 1.9B TRX has been sold successfully, all purchase records are processed correctly. The same problem will not occur in future ICOs.  We apologize for the inconvenience.

The problem did not affect Binance exchange trading.

Thank you for your understanding and unwaivering support.

Binance Team

August  24, 2017

TRAVELCHAIN
  Make a trip of your dreams!   
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KingCanute
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August 25, 2017, 07:59:27 AM
 #248

I've been using Binance a bit, I've made about 3-4x on BNB and I've been pretty impressed with them so far up until the ICO business. The whole 'TRON warm-up sessions' were a total joke and there was no provision to stop whale-bots grabbing all the best deals in nanoseconds. They also have an issue with price manipulation through multiple identical micro buy and sell orders.

However I am going to give them the benefit of the doubt for now and say this kerfuffle may be a blessing in disguise. It's actually good to get a shot across the bow going into battle. Sharpens the mind to the task at hand, forces them to take traffic, security and development extremely seriously.

At very least it will reveal whether they are really serious about becoming 'The World's Largest Crypto Exchange'TM or whether they are a bit scammy.
maxconte
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August 25, 2017, 09:21:12 AM
 #249

Got some BNB and will get more if it keep dropping.
Think this market has great potential.
kronos123
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August 25, 2017, 10:36:32 AM
 #250

Got some BNB and will get more if it keep dropping.
Think this market has great potential.

Exact
Binance exchange will grow more and more and will be among the first 3 exchanges in the world.
Just think it was born just 1 month ago !!! This is incredible!

And Bnb can only grow together with the exchange!
Bonanzacoin
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August 25, 2017, 10:51:05 AM
 #251

Quote
At very least it will reveal whether they are really serious about becoming 'The World's Largest Crypto Exchange'TM or whether they are a bit scammy.

Dont question them  Grin They are huge, defintly huge, extremely huge. Its gonna be great.  Grin

 Cheesy

newcoin01
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August 25, 2017, 11:40:53 AM
 #252

Quote
At very least it will reveal whether they are really serious about becoming 'The World's Largest Crypto Exchange'TM or whether they are a bit scammy.

Dont question them  Grin They are huge, defintly huge, extremely huge. Its gonna be great.  Grin

 Cheesy



Huge ones can't be questionable?  Grin
Wondering which altcoins will be listed on there soon.
lordzc
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August 25, 2017, 11:54:32 AM
 #253

China s stock market was very easy to follow thanks to ICO . thanks. Site design and usability is very good.
Bonanzacoin
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August 25, 2017, 02:22:22 PM
 #254

Isnt it when this huge sell wall is gone:

https://www.youtube.com/watch?v=hOMvs_1UFCk
nevermindthebotox
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August 25, 2017, 02:26:17 PM
Last edit: August 25, 2017, 03:03:29 PM by nevermindthebotox
 #255

how long it takes when withdrawing currency (BTC) from binance ?
it's been just 15mins "processing" but curious if anyone has experiences about them

cheers

edit:
40-50mins to "processing" then less than 10min from binance to bitfinex
silverston
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August 25, 2017, 04:27:06 PM
 #256

The price is very strange behaves, unpredictably, it seems the coin is very speculative) It is necessary to be more careful with it

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cryptogaga
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August 25, 2017, 04:37:54 PM
 #257

The price is very strange behaves, unpredictably, it seems the coin is very speculative) It is necessary to be more careful with it
I totally agree, it seem some whale with huge capital has a firm hold of the coin, the manipulation is very evident it does not follow market conditions for example when fees were implemented i expected the price to go up as more people bought to use for the 50% fee discount but to my surprise the coin started dumping!
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August 25, 2017, 05:01:59 PM
 #258

The price is very strange behaves, unpredictably, it seems the coin is very speculative) It is necessary to be more careful with it
I totally agree, it seem some whale with huge capital has a firm hold of the coin, the manipulation is very evident it does not follow market conditions for example when fees were implemented i expected the price to go up as more people bought to use for the 50% fee discount but to my surprise the coin started dumping!

Yes, also drew attention to this, the price began to heat on this news, when it should have grown logically

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August 25, 2017, 06:05:57 PM
 #259

The price is very strange behaves, unpredictably, it seems the coin is very speculative) It is necessary to be more careful with it
I totally agree, it seem some whale with huge capital has a firm hold of the coin, the manipulation is very evident it does not follow market conditions for example when fees were implemented i expected the price to go up as more people bought to use for the 50% fee discount but to my surprise the coin started dumping!

I also noticed the same strange behavior of this coin. Such manipulation was understandable when there was no fees in trading but even now when the fees are in place, still the same level of manipulation is very strange. Not gonna deal with Chinese things much longer.
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August 25, 2017, 06:31:12 PM
 #260

I today sold it at 2,51$ and while I do not plan to invest anymore) can shake down. Very easy)

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