jamesashmore1964 (OP)
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Activity: 336
Merit: 3
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June 05, 2018, 03:33:30 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
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nl247
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June 05, 2018, 03:39:11 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
Well, that is not new and at some point later on, the possibility of some of these coins or tokens with no working platform or products getting flushed out is inevitable. However, I do not understand the part binance will have to play with that since they are just an exchange, and except probably some policies gets to be implemented across exchanges where majority of those coins in that category are delisted, or there is an influenced/manipulated market crash that affects a whole lot of them and wipes them out, I still cannot think there is a possibility of adjusting them to fair value since this is a decentralized market. |
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usd.dev
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Merit: 10
✹✹ Fluxorin.io ✹✹
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June 05, 2018, 03:43:42 PM |
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Perhaps this is true. But here it is necessary to understand if they want to pierce the bubble, they want to earn money on it. There is no exact understanding of exactly how this should happen, but apparently if they are with the whales conspiring with them they can commit this conspiracy.
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CryptoTamer
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June 05, 2018, 04:13:51 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
Bubbles will still exist even though Binance wants to burst it Binance is just an exchange service they only have power on their own platform, I think that effort will kill their business because the market likes bubbles if the service interrupts their comfort, they just need to move to another service |
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jamesashmore1964 (OP)
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Activity: 336
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June 05, 2018, 04:23:50 PM |
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Perhaps this is true. But here it is necessary to understand if they want to pierce the bubble, they want to earn money on it. There is no exact understanding of exactly how this should happen, but apparently if they are with the whales conspiring with them they can commit this conspiracy.
It appears someone wants to burst the bubble: Look at the LOW market cap with a high probability it will go down! |
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pearlsome
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MST Decentralize Robust AI Trading Platform!
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June 05, 2018, 06:45:00 PM |
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Binance is very popular and has some influence. Listing in Binance is, in most cases, a price increase, since there are colossal sales volumes. But you have rightly noticed that the last time the leadership of Binance is doing only to them profitable steps. Recently I could not withdraw money within 10 days. And not all tokens that I want to sell or buy are on this exchange.
They certainly have the right to prohibit anything in their territory. But there are a large number of alternative decentralized exchanges.
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HatDen
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June 05, 2018, 06:58:49 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
And what? It is the reality that we have, EOS was 20$ when their platform doesn't even work  |
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jamesashmore1964 (OP)
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Activity: 336
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June 06, 2018, 03:44:44 AM |
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Binance should be prosecuted for listing shitcoins. They took 5 million for listing Quarkchain! These guys and the lady running it might have overstepped the line!
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StarKay
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We All Can Make It
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June 06, 2018, 04:01:33 AM |
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Whatever bubbles will eventually burst in the long run. So if there are bubbles in cryptocurrency prices it is like a rule to expect to burst to serve as correction. Binance is only pointing out the obvious, it happens everywhere.
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MyEtherPony
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June 06, 2018, 04:04:45 AM |
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Investors education is needed to identify based on foundation. Many top 100 projects are just a concept with glamorous whitepapers!
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jamesashmore1964 (OP)
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Activity: 336
Merit: 3
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June 06, 2018, 04:33:00 AM |
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Investors education is needed to identify based on foundation. Many top 100 projects are just a concept with glamorous whitepapers!
In other words: BS |
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lyla rose
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June 06, 2018, 09:47:58 PM |
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Different coins have different price and the price is fair enough. The more you invest, the more you get risk and the more you can earn good amount of money.
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stronghands4lyfe
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The revolutionary trading ecosystem
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June 06, 2018, 10:09:23 PM |
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Binance is indifferent to whether the bubble bursts or not, it is the investors who care and they aren't entirely wrong. Now it may be a conflict of interest for them to state this, but seeing how their is no regulatory body to overlook the whole industry it is fair game. Bring on the burst I say, and humble those who are involved right now.
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Cynooza
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June 06, 2018, 10:21:53 PM |
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I think that Tether which is allegedly affiliated with Binance is the main threat to the whole crypto. They keep minting more and more USDT whenever they wish to affect the market and we have basically no proof that there are real dollars behind and it's not a bubble.
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X-ray
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June 06, 2018, 10:24:20 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
The bubble has already burst, but as you can see many coins are still traded with non-sense price. and in fact you can try to see tron, eos and many overhyped coin with no product at all. But the crypto is a bubble and it can burst anytime and another bubble can appear anytime. you can try to see this time it has created another bubble too. |
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vaso11
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Deal Coin - P2P Lending Eco-system
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June 06, 2018, 10:27:02 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
This is the absolute truth and I completely agree with them. For example, Binance also conducted ICO but they really did a lot for the world of crypto and this is a team that works and works and each time shows tremendous results. |
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tycsols
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BountyMarketCap
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June 06, 2018, 10:28:09 PM |
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I personally do not understand this statement because after the ico the projects do need some time to deliver the product, no ico can come up with the final product instantly and as long as the price being over valued is concerned most of the recent icos are trading under the ico price and the older ones that were pumped during the last bull season are also back to previous lows so i dont know what they want now.
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Peter hartley
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June 06, 2018, 10:29:36 PM |
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Binance and other cryptocurrency exchanges are probably in on the tactics used by whales to manipulate the market prices due to sell walls
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Zach707
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June 06, 2018, 10:34:30 PM |
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Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
It would be the wisest good if Binance would do that but i think everything here is working on hype whether you like it or not. But if Binance would make some corrections then this could mean that cryptocurrency would experience another bearish market. |
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samiraetn
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June 07, 2018, 03:24:22 PM |
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Actually this is not a new thing. Maybe this is valid. However, here it is important to comprehend in the event that they need to pierce the air pocket; they need to acquire cash on it. There is no correct comprehension of precisely how this ought to happen, however clearly on the off chance that they are with the whales contriving with them they can submit this intrigue.
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