binance exchange scam warrning

[zein1111]

first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....



for people who gona say there aint no prove and the list goes on
 https://i.imgur.com/tOkHyyl.png https://i.imgur.com/eagNFtT.png https://i.imgur.com/7ilbuFY.png https://i.imgur.com/uNQSMmY.png https://i.imgur.com/MJTFfXv.png

[KayceeMae]

Sad it's become the most popular exchange right now

[grimesrhymes]

third there colors pink and green to make u more nervous to make you rush into wrong decisions....

Okay generally this whole post seemed like a load of nonsense but this really took the biscuit. What on earth has that got to do with anything? I also think you'll find that it is red and green just like every other exchange.

[Thadeous]

first binance has no location nor any info where they are or who are they second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third there colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....

1) Do you know exact location of HitBTC and other major exchanges?
Please share if you do.
2) is Binance the only exchange that uses bots???  
3) I agree that Binance web interface color scheme is a bit annoying...
4) do you really think that there are no pump-groups on other exchanges???  
No offends mate, but this post tell nothing else than about your negative experience with Binance and almost no experience with other exchanges.
Welcome to the crypto jungles!

[zein1111]

Sad it's become the most popular exchange right now

am sorry but people love to see fast gains which is the trap they assume they gona make 2 or 3x in a day only some who got lucky and they had time to see and react to sell but its all very bad they making other people suffer so they gain which makes its horrible how can someone sleep knowing that they harmed other people ..... they allow pump groups to fake gains the lagging causes to sell even lower if even can sell which most of people cant sell that fast because bots are faster ...second coordinated groups they signal to sell at specific price and it will be too fast for to even react and because its fake gains the recovery could be never ......

[penig]

Proof they use bots to direct market?  Or evidence pink/green has any effect?

They offer API and good usability so will attract bots and pump groups, but they also offer massive volumes and tighter spread. take some rought with the smooth.

[zein1111]

Proof they use bots to direct market?  Or evidence pink/green has any effect?

They offer API and good usability so will attract bots and pump groups, but they also offer massive volumes and tighter spread. take some rought with the smooth.

you can clearly see how the bot is hidden buying and selling so fast its so pure scam and greedy bot other exchanges show a wall for example but binance is over the limits with there scam...and the volumes is basically not real buyers i guess its their bot volume from the gains of stolen btc from other people ...and lets not go far they can also create fake volume its only numbers  show me the buyers which i guess its fake thats why the prices fall sharply and because the bot is buying and selling  u can see how the prices are stuck and even getting lower because bot is buying and u aint gona sell unless the bot wants to buy from you good luck

[romanovst]

first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....

Most of the exchanges are involved with all these activities. I am not going to mind this as long as they keep my investments safe from hacking attempts.

[Xiomara]

The exchange binance denies rumors of a hacker attack, but has apologized, saying that users will not be able to trade or withdraw funds for some time. This is due to technical work on the site, which was forced to expand due to "a significant increase in the inflow of users."

[zein1111]

first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....

Most of the exchanges are involved with all these activities. I am not going to mind this as long as they keep my investments safe from hacking attempts.

we just saying the losses and gains are too high risk on binance all u need one time mistake and u lost your fortune and one day it will happen humans do errors and if ur a pro trader that makes you 1% of traders population 99% have no idea and they are victims all i want is they trade safe and be aware of all this it hurts to see people suffer

[mamesso]

Sad it's become the most popular exchange right now

Do not be too confident if there is no strong evidence, I suggest to find the right information.
I am always cautious with some of the news in this forum. not all true.

[pentol86]

i got message from telegram group, binance staff said the server very slow, so they need time to fix it. i dont know why you say scam, just normal maintenance

[LeGaulois]

first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....



for people who gona say they aint no prove and the list goes on

1) It's not the first and not the last with no location available to the public
2) Hello, have you ever hear about High Trading Frequency (HTF)
3) In psychology pink is less aggressive than red (red mean hot, danger it belongs to the "hot" colors, blue at the contrary blue belong to "cold" colors
4) If you're nervous you can order Xanax to your doctor
5) pumps groups are in every exchange platforms

Hope that answer your arguments.

[mobnepal]

Don't spread FUD, here is the real reason behind current downtime;

There database crashed and they are now copying all data from their master server (database) to download a heavy load of data from their master server they need more than 12 hour atleast. They have already posted their ETA here

https://twitter.com/binance_2017/status/961587311648501760

Due to an unforeseen slowdown in the speed of our data sync, we now estimate for all trading activity to resume at 2018/02/09 4AM (UTC). In the 30 minutes prior to the commencement of trading, users will be able to use utilize all other account related functions.

[CryptoBone]

Nonsense.  What ways would you propose for an exchange to stop pump and dump schemes from happening.  Do not be mad at the exchanges, be mad at those who do these schemes and promote them on public forums.  Binance is one of the best exchanges out there right now.  Remember to do your own research when jumping in on investments and also learn how to chart candlestick and depth charts, this will help to avoid jumping in at peaks and being forced to hodl coins and tokens after they start to dip.  Also remember to take profit!!

[Theb]

i got message from telegram group, binance staff said the server very slow, so they need time to fix it. i dont know why you say scam, just normal maintenance

Saw it too. Hard to believe what is real right now, but if you look at the official twitter page of binance you will see that their reason was an "unforeseen slowdown" of their data sync. Let us be updated about this kind of things as if this turned out to be a scam millions of $ will be lost from investors. They gave an estimated time of 2018/02/09 AM (UTC) that things will be back to normal, we just need to confirm if Binance will be back on track.

[heureca]

We can say the same about any criptocurrency exchange - Poloniex, Bittrex, Kraken. All these really good exchanges have negative mentions.  I used all these exchanges and I didn't have issues with it

[oviudiu]

first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....



for people who gona say there aint no prove and the list goes on
 https://i.imgur.com/tOkHyyl.png https://i.imgur.com/eagNFtT.png https://i.imgur.com/7ilbuFY.png https://i.imgur.com/uNQSMmY.png https://i.imgur.com/MJTFfXv.png

Bro, imagine this is just the beginning for them, they barely have 1 year of existance. They will do everything step by step, just be patient and give them a chance. After all, pretty much all crypto exchanges have their minuses.

[cryptosluck]

why people spread the rumor is in maintenance let the technical update happen everything is normal with binance

[Reid]

Are you from poloniex? 
Or just had a bad decision making which made you lose a trade?

Look, those colors wont matter if you know what you are doing. They can use bots if they want but it should not affect how you will trade too.
You might want to browse every exchange and trading websites even the small ones. Example is Yobit. Do you see how shitcoins are moving there? It is like somebody is selling and buying and yet there is none. But why is it still there?