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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131507 times)
EnViRoNmEnT
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September 22, 2017, 08:10:47 PM
 #601

Sorry for a little bit offtopic. But is there a way on Binance to set a stop buy order or a stop sell order? Couldnt find anything yet

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thepo1m
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September 22, 2017, 09:13:22 PM
 #602

I think all this move is to force their citizens to use their own digital currency that they have in the pipeline, there is no way that part of the world will be left behind, because you can't eat your cake and have it
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September 23, 2017, 03:50:24 AM
 #603

Its surprising to see the coin still struggling to break out in spite of forming higher lows for some time now.

If all thats being said like " future of exchanges", "only 15% are Chinese traders",  should be some form of breakup.. Holding a bag full firmly...  Grin Grin
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September 23, 2017, 07:55:26 AM
 #604

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??
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September 23, 2017, 08:15:44 AM
Last edit: September 23, 2017, 08:56:54 AM by ALX3K
 #605

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

Binance is a very fast exchange and easy to use, i prefer it to some other exchanges.


Manny users, use it for fast mini trades.

I wondering why the BNB doesn't go up in price, there use low fees but at so many transactions the must be get a lot of revenue.

even there can collect the gas from all the neo deposits. Stratis stacking and more.


i cant see bnb holders get some revenue from the exchange income, i thing exactly this is the problem, no interest rate for bnb
newcoin01
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September 23, 2017, 12:03:41 PM
 #606

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

Binance is a very fast exchange and easy to use, i prefer it to some other exchanges.


Manny users, use it for fast mini trades.

I wondering why the BNB doesn't go up in price, there use low fees but at so many transactions the must be get a lot of revenue.

even there can collect the gas from all the neo deposits. Stratis stacking and more.


i cant see bnb holders get some revenue from the exchange income, i thing exactly this is the problem, no interest rate for bnb

I also find Binance very userfriendly.
The price thing probably because China's decision about crypto markets.
kronos123
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September 23, 2017, 01:46:23 PM
 #607

Binance currency suffers for several reasons:
1) The whole market is red in these last few weeks, especially the coins that are listed on Binance exchange, such as Neo, Walton, Byton, HShare, OmiseGo, and even Stratis .... were all coins that had grown a lot in the weeks previous, and therefore today they lose more than others.
2) BNB is tied to double wire to exchange binance, along with its coins .... if they also drop the BNB will drop ..... it's almost as if BNB was a sort of index for exchange coins
3) BNB drops for the Chinese FUD on Bitcoin

Again: still a few weeks of suffering and descent, then the whole market will resume strong and BNB and exchange will resume to rise!

IMHO: Get ready for a sharp descent shortly!
AtheistAKASaneBrain
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September 23, 2017, 02:01:59 PM
 #608

As of right now, Binance has international customers doing most of the trading. The chinese can just go to Macau or Hong Kong and they will be able to trade. The ban is a region ban I think and not the accounts itself.

I know for a fact that a lot of the Chinese traders are getting back into the market by using VPNs.
I've seen leaked paperwork by the chinese government claiming they will try to crackdown on VPNs too, but this is delusional. There are new VPN providers pretty much daily. They would need endless resources to try to stop it. It's going to be pretty much impossible for them to stop it.

Oh and decentralized exchanges are definitely coming. the first atomic swaps are happening, this will change the game, it will be a mess for authorities trying to stop the free flow between cryptos.
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September 23, 2017, 04:30:32 PM
 #609

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

Binance is a very fast exchange and easy to use, i prefer it to some other exchanges.


Manny users, use it for fast mini trades.

I wondering why the BNB doesn't go up in price, there use low fees but at so many transactions the must be get a lot of revenue.

even there can collect the gas from all the neo deposits. Stratis stacking and more.


i cant see bnb holders get some revenue from the exchange income, i thing exactly this is the problem, no interest rate for bnb
thanks for information.... what you think ...will bnb do something for its value in future?? is it necessary to add in good exchange..??
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September 23, 2017, 04:59:15 PM
 #610

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

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September 24, 2017, 12:29:40 PM
 #611

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it

imusify
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September 24, 2017, 02:47:08 PM
 #612

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it
Chinese government start investigation about Binance exchange and ICO.

COMSA ■ The ICO Solution for Centralized Businesses to Adopt Blockchain Technologies
▬▬▬▬▬▬▬▬▬▬▬▬▬▌▌▌  ICO: Oct 2nd until Nov 6th▐▐▐▬▬▬▬▬▬▬▬▬▬▬▬▬
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MiBambino
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September 24, 2017, 03:06:50 PM
 #613

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it
Chinese government start investigation about Binance exchange and ICO.

True, but Binance is international. China can't ban it, it can only prohibit its citizens from using it.

imusify
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                                                                                                                     Backed By NEO
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September 24, 2017, 03:15:41 PM
 #614

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it
Chinese government start investigation about Binance exchange and ICO.

True, but Binance is international. China can't ban it, it can only prohibit its citizens from using it.

I don't think Binance is international, they're completely Chinese, aren't they?

Thus, a mojar ban will hurt it very much including its investors and traders. It can turn into a dead lock.
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September 24, 2017, 03:21:05 PM
 #615

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!
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September 24, 2017, 03:26:43 PM
 #616

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.

COMSA ■ The ICO Solution for Centralized Businesses to Adopt Blockchain Technologies
▬▬▬▬▬▬▬▬▬▬▬▬▬▌▌▌  ICO: Oct 2nd until Nov 6th▐▐▐▬▬▬▬▬▬▬▬▬▬▬▬▬
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kronos123
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September 24, 2017, 03:57:24 PM
 #617


For what reason?
What accusation?
What have the administrators violated?
China can impose severe rules, can eliminate the dollar exchange in Binance exchange, and may prohibit inscription and trading to Chinese citizens, but why stop and close?
It does not make sense and they will not!
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September 24, 2017, 04:12:08 PM
 #618


For what reason?
What accusation?
What have the administrators violated?
China can impose severe rules, can eliminate the dollar exchange in Binance exchange, and may prohibit inscription and trading to Chinese citizens, but why stop and close?
It does not make sense and they will not!

I think this situation is temporary, so probably there will be much mor better future waiting for us.
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September 24, 2017, 04:21:20 PM
 #619

Binance is doing very nice things. Activities such as getting money for the game or competing in the volume.
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September 25, 2017, 07:59:10 AM
 #620

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.

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