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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131884 times)
Rodeo02
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October 05, 2019, 11:51:08 AM
 #3181


I agree that if IEO, even at Binance, has brought insignificant profit to its investors over the past few times, then there is no point talking about other projects. The crisis in the cryptocurrency market is still very pressing on new projects. Unfortunately, such a period is now - it’s not easy for everyone!

One of their last IEOs Perlin is trading in a huge loss right now. I think this IEOs is undervalued since beginning. An seems money in CZ ended to pump it (
Just like every coin in the market, there are undervalued and there are overvalued.
It's just that Binance is the most stable exchange now to go with an IEO compared to other exchanges and I think since the market is not doing well, the hype is slowly dying as people are once again now so aggressive in investing.

They will come back and invest aggressively again when BTC will start to rise again.

Sorry, I mean overvalued since beginning. And now almost all of this IEOs even on Binance trading in loss.
Why people shold come back when BTC will be rise? I think better invest in old IEOs or ICO which are trading at cheap price now and will bring good profit. At least you can see what they are doing and what work has been done.
You are actually right, but i will not consider ICO from token maybe those have thier own blockchain is the best option for me.

 I mean i already watch many ICO since 2017 from ETH contract mostly lost its value even they have raised hardcap and many supporters still the price declining.
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October 05, 2019, 09:16:44 PM
 #3182

Price of BNB came back to 6 months ago, around 15 USD now. ICO price of BNB was 0.1 USD. ICO started at 1 July 2017 and completed at 21 July 2017. Although rough price decrease in last 2 months its still 150X from ICO price. By the way last 6 months BNB holders had great advantages at launchpad. Specially BNB holders made higher profits from ERD launchpad. Almost 15X with a single ticket which was equal to 300 USD.
That's why people continues to hold BNB because BNB is now dominating the IEO, it's still the most profitable exchange that issues a token for their investors. I'm not sure, but I guess they are the first to offer this kind of investment style and it really works for them and to the investors.

X150 is a huge increase already, I did not calculate anymore but form 0.1 to 15 usd now, obviously thats over x100 increase which is only achieve by good coins in the market, and I'm sure it will not just stop their, 100 usd is possible in the future.

Actually IEO's are starting to fade away.. it has started like minimum 10x from ieo price per usd at the beginning, but last ones are barely doing 2x-3x, you can check it for yourself. However still looking strong, building and moving forward, they are one of the biggest actors now, and it seems they will keep this position.

Hope next IEO's will make few x profits again. Smiley
I agree that if IEO, even at Binance, has brought insignificant profit to its investors over the past few times, then there is no point talking about other projects. The crisis in the cryptocurrency market is still very pressing on new projects. Unfortunately, such a period is now - it’s not easy for everyone!

Besides, IEO's for traders became so manipulative. nowadays so many devs are unlocking their tokens just because getting into binance for private investors, yes they get profit, so price goes 10x in few seconds, then to 0.5x, you would never know. so popularity of this concept faded away quickly. i personally lost over 1 btc just because IEO hype and being greedy, tried to buy in few seconds against the bots.
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October 06, 2019, 01:26:54 PM
 #3183

Price of BNB came back to 6 months ago, around 15 USD now. ICO price of BNB was 0.1 USD. ICO started at 1 July 2017 and completed at 21 July 2017. Although rough price decrease in last 2 months its still 150X from ICO price. By the way last 6 months BNB holders had great advantages at launchpad. Specially BNB holders made higher profits from ERD launchpad. Almost 15X with a single ticket which was equal to 300 USD.
That's why people continues to hold BNB because BNB is now dominating the IEO, it's still the most profitable exchange that issues a token for their investors. I'm not sure, but I guess they are the first to offer this kind of investment style and it really works for them and to the investors.

X150 is a huge increase already, I did not calculate anymore but form 0.1 to 15 usd now, obviously thats over x100 increase which is only achieve by good coins in the market, and I'm sure it will not just stop their, 100 usd is possible in the future.

Actually IEO's are starting to fade away.. it has started like minimum 10x from ieo price per usd at the beginning, but last ones are barely doing 2x-3x, you can check it for yourself. However still looking strong, building and moving forward, they are one of the biggest actors now, and it seems they will keep this position.

Hope next IEO's will make few x profits again. Smiley
I agree that if IEO, even at Binance, has brought insignificant profit to its investors over the past few times, then there is no point talking about other projects. The crisis in the cryptocurrency market is still very pressing on new projects. Unfortunately, such a period is now - it’s not easy for everyone!

Besides, IEO's for traders became so manipulative. nowadays so many devs are unlocking their tokens just because getting into binance for private investors, yes they get profit, so price goes 10x in few seconds, then to 0.5x, you would never know. so popularity of this concept faded away quickly. i personally lost over 1 btc just because IEO hype and being greedy, tried to buy in few seconds against the bots.
The last IEOs fell very much in price, because there was a complete absence of trade contests, as at the beginning of the start of the first IEOs. The interest in new IEOs was gradually decreasing.

 
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October 15, 2019, 03:35:22 PM
 #3184

TBH, this is a very nice achievement:

BNB-Based Crypto ETP Now Live on Swiss SIX Stock Exchange

https://www.coindesk.com/bnb-based-crypto-etp-now-live-on-swiss-six-stock-exchange
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October 16, 2019, 04:06:37 AM
 #3185

TBH, this is a very nice achievement:

BNB-Based Crypto ETP Now Live on Swiss SIX Stock Exchange

https://www.coindesk.com/bnb-based-crypto-etp-now-live-on-swiss-six-stock-exchange

BNB is turning out to become highly possible of getting into mainstream use than many altcoins in the market. Thanks to Binance exchange that remains consistent on top in volume trading, partnerships were easier on other crypto projects. Regular burning of BNB supply is also a big factor as it continues to climb into the top ladder. BNB also has the funds compared to other project that are tight on their budget. 

 
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October 16, 2019, 04:26:26 AM
 #3186

Price of BNB came back to 6 months ago, around 15 USD now. ICO price of BNB was 0.1 USD. ICO started at 1 July 2017 and completed at 21 July 2017. Although rough price decrease in last 2 months its still 150X from ICO price. By the way last 6 months BNB holders had great advantages at launchpad. Specially BNB holders made higher profits from ERD launchpad. Almost 15X with a single ticket which was equal to 300 USD.

But the one who get's the ticket is only who hold much of BNB that have more chance to win.
Which mean the rich will be richer, and the poor have very little chance to get except they are very lucky
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October 16, 2019, 06:05:43 PM
 #3187

That's right, I think the volume of Binance is the largest in the world and becomes the world's top market exchange.
BNB also has a pretty good market chart even though the end of this end is down, but the demand is always a lot of it is approaching IEO in its market.

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October 16, 2019, 09:19:48 PM
 #3188

KAVA is the next project on the upcoming Binance launchpad ioe

https://www.binance.com/en/support/articles/360034864652
https://launchpad.binance.com/en/lottery/775054cbce554a379a26a66fc6787f0c#lpd2

the ticket claim process will begin in 6 days - so, hurry up and move your BNB tokens to the exchange  Grin

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Sanitough
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October 16, 2019, 11:02:18 PM
 #3189

KAVA is the next project on the upcoming Binance launchpad ioe

https://www.binance.com/en/support/articles/360034864652
https://launchpad.binance.com/en/lottery/775054cbce554a379a26a66fc6787f0c#lpd2

the ticket claim process will begin in 6 days - so, hurry up and move your BNB tokens to the exchange  Grin

If this project will be successful, it would help again  BNB to result some gains.
Slowly BNB has recovered and anytime soon it could rise back to over $20, we know this coin has a lot of good news this year so far and we still have 2 months to go and for sure there's more to come at that point.

Good to see a new project in binance launchpad, this would again create some hype in the market as projects are Binance are usually big projects.

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October 17, 2019, 06:20:23 AM
 #3190

yes it's very true, in my opinion BNB is a very popular coin since the binance issued the coin, where BNB fans are racing to buy it to take part in the IEO in the world's largest binance market, although these weeks have decreased significantly but it has not changed its popularity.
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October 17, 2019, 07:18:06 AM
 #3191

yes it's very true, in my opinion BNB is a very popular coin since the binance issued the coin, where BNB fans are racing to buy it to take part in the IEO in the world's largest binance market, although these weeks have decreased significantly but it has not changed its popularity.
Apart from the IEO factor in binance I like the exchange because the volume is really big and there are also many benefits such as sometimes there are contests. Even though Binance also has many problems like there was a bitcoin hacking before, but now I still believe in binance

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DaveWave
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October 17, 2019, 01:48:49 PM
 #3192

yes it's very true, in my opinion BNB is a very popular coin since the binance issued the coin, where BNB fans are racing to buy it to take part in the IEO in the world's largest binance market, although these weeks have decreased significantly but it has not changed its popularity.
Apart from the IEO factor in binance I like the exchange because the volume is really big and there are also many benefits such as sometimes there are contests. Even though Binance also has many problems like there was a bitcoin hacking before, but now I still believe in binance


Small corrections are normal in a trading market. Binance is still a very good coin and is one of the best. There are more reasons for BNB to increase in price than decrease. Binance actually have SAFU which insures our coins in the exchange in case of another successful hacking. Also, Binance security is getting better. BNB have more partnerships and uses than the other exchange tokens. And the regular burning of BNB supply to stop inflation.

 
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Raja_MBZ
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October 17, 2019, 06:04:35 PM
 #3193

CZ needs to learn about "price trends". His token performed comparatively well in all the bear trend months, and now it's time for it to face the bearish trend while all other crypto looks incredibly bullish.

Binance CEO Confused by BNB Price Decline Despite ‘Very Productive’ Q3

https://cointelegraph.com/news/binance-ceo-confused-by-bnb-price-decline-despite-very-productive-q3
EastSound
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October 17, 2019, 09:28:47 PM
 #3194

CZ needs to learn about "price trends". His token performed comparatively well in all the bear trend months, and now it's time for it to face the bearish trend while all other crypto looks incredibly bullish.

Binance CEO Confused by BNB Price Decline Despite ‘Very Productive’ Q3

https://cointelegraph.com/news/binance-ceo-confused-by-bnb-price-decline-despite-very-productive-q3

So, you really think that a CEO of a top exchange doesn't know price trends? Do you even know the tokenomics of BNB coin?
You really think that they aren't buying back some coins and taking out in the circulation with the profit they are making?

Binance is busy expanding their reach and trying to make more profit, you know this isn't a magic that they push the price up very easily.
Raja_MBZ
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October 17, 2019, 10:29:01 PM
 #3195

CZ needs to learn about "price trends". His token performed comparatively well in all the bear trend months, and now it's time for it to face the bearish trend while all other crypto looks incredibly bullish.

Binance CEO Confused by BNB Price Decline Despite ‘Very Productive’ Q3

https://cointelegraph.com/news/binance-ceo-confused-by-bnb-price-decline-despite-very-productive-q3

So, you really think that a CEO of a top exchange doesn't know price trends?

Yes, I think so. Have a look at his statement:

Quote
Resultantly, the CEO isn’t sure why BNB price has slumped over the past few months... Zhao noted:

"There are many possible reasons for it, although none of them make much sense to me."

In many stances, he seemed to think that releasing the good stuff will always make the BNB go higher; however, that's not always the case. Yes, BNB did go high in value in all of the 2018/till April-2019, but I believe that it did it because BNB never left the bullish trend it had. All of the positive initiatives by Binance pushed the BNB higher and higher (and I admit that it even exceeded my expectations by breaking new ATHs) but at the same time, it was making a nice huge parabola. That parabola broke back in April 2019, initiating a way to the bottom-price discovery. BNB has only been going down ever since, and it seems like CZ ain't understanding this bear trend well.

You really think that they aren't buying back some coins and taking out in the circulation with the profit they are making?

I never said that. Roll Eyes
ongkok87
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October 23, 2019, 11:09:02 AM
 #3196

That's right, I think the volume of Binance is the largest in the world and becomes the world's top market exchange.
BNB also has a pretty good market chart even though the end of this end is down, but the demand is always a lot of it is approaching IEO in its market.
In addition to its large volume of binance it also has a decentralized exchange even though all altcoins in it must migrate using the Binance chain, in fact many swap from ERC-20 to the Binance chain. The future of Binance Exchange and also Binance Coins is quite strategic if we see them all prepared

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cryptoloverlife
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October 23, 2019, 12:35:31 PM
 #3197

That's right, I think the volume of Binance is the largest in the world and becomes the world's top market exchange.
BNB also has a pretty good market chart even though the end of this end is down, but the demand is always a lot of it is approaching IEO in its market.

Yes, the demand of IEO market is kept increasing which seems to be many people are choosing Binance exchange as an investment. Till now, most of the IEO's conducted there in Binance has given very good returns to the investors. So the future of exchange will also be Binance.
mercedes321
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November 13, 2019, 09:01:08 PM
 #3198

https://www.tradingview.com/chart/BNBUSDT/IqOAtkBG-BNB-finishing-right-shoulder/
Questat
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November 13, 2019, 10:33:50 PM
 #3199

IEO is a reason...
It's not the main reason but it could be one of the reason, why? because Binance has been successful already before IEO was introduced.


but nobody knows which exchange wil be #1 next year. One mistake and it's all broken.
Definitely, and there are a lot of factor on how to judge an exchange in ranking, but as long as Binance maintain or increase its trading volume, that would show that people are still trusting them and they might continue to grow as an exchange.

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November 17, 2019, 11:45:01 AM
 #3200

New in depth article about how Binance grew to where it is now:

https://decrypt.co/11327/the-inside-story-of-binance-explosive-rise-to-power

Warning, it's a very long read, but it covers all the hacks, how Binance got started in the first place, and why Binance left China.

 
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