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Author Topic: Binance CEO Paints a Rosy Picture  (Read 303 times)
BrewMaster
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February 27, 2019, 04:08:41 PM
 #21

It is safe to say that 2019 is a better year for the cryptocurrency.
As we saw 2018 is full of mess and disappointment.
We are now in a recovering year, unlike last year that we started at the peak.
I think it's early to say that we are in a year of recovery. Not enough time has passed, and the prices have been relatively stable. We can see small steps up, but the future can easily overwrite them into minor fluctuations.

true, but what else would this year be if not a rising year?

market trends don't last long, that is the dynamics of a living active market. it keeps changing and stays healthy that way. and when we had more than a year of drops, there is no more room left for it to continue.
not to mention that the demand for bitcoin is also rising without fault which means we already have a big build up created waiting for the rise.

There is a FOMO brewing...
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Crypdon
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February 27, 2019, 04:42:31 PM
 #22

Prices are down right now so his shoots of recovery are too early to call. Keep in mind that he needs to encourage trading to keep his exchange alivel
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February 27, 2019, 08:57:20 PM
 #23

This year is clearly better than last year. And what Binance CEO says about this, I think it is a positive signal.

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February 27, 2019, 09:40:19 PM
 #24

Changpeng Zhao says that the crypto space is in a better place than in 2018.

Is he reporting on the green shoots of recovery, or is this hot air intended to keep his exchange solvent?

https://cryptomenow.com/ceo-of-worlds-largest-crypto-exchange-industry-is-much-healthier-than-last-year/

Very hard to know. But I agree with the fact that the market is getting better in comparison to 2018. There is a lot of good news in the space. Sooner or later the market will recover, but it is impossible to know when, in my opinion.
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March 01, 2019, 12:23:24 PM
 #25

Since he operates the biggest exchange in the space. I think he is in a better position than ordinary trader like me to see or forsee things beyond scope. If he says the performance is better than 2018, then I take him for his words. And seeing what has transpired in the crypto world so far, I think it has been positive, couple with good news flying around.

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ryap12
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March 01, 2019, 12:28:32 PM
 #26

Who among you here went to the article and look for the painted picture? XD Because I did *face palm*.

Anyway, everyone is still in search of the big long green light. Green is money and everyone loves money!
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March 01, 2019, 01:04:34 PM
 #27



Though honestly this is quite expected of a man very much connected with the number cryptocurrency exchange, I would still say that perhaps he can have many basis for such a very positively rosy paint of the current situation of the industry. Usually, it is the entrepreneurs who can feel what can be coming and that is why we should also be listening to them though of course we can still be cautious. Personally, I believe that this year things can be better even if not just in prices but in the fact that many helping factors are being laid down this year which can helping the long-term viability of Bitcoin and the whole cryptocurrency sphere.
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March 01, 2019, 02:08:56 PM
 #28

Binance CEO is right in my own opinion because a side the 80% fall in the price of cryptocurrency it has remains steadfast and keep developing and that is the most important, since cryptocurrency have no fix or stable price one should not base it development on it price but on other aspects of it development and adaptation. I believe the cryptocurrency space is healthier then before.
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March 01, 2019, 02:17:57 PM
 #29

Cryptocurrency space is no doubt more healthier than 2018 ,last year was full of scam projects and fake airdrops but now the story is different ,investors and hunters are now smart when choosing between ICO and coins to invest in

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March 01, 2019, 02:29:53 PM
 #30

i believe that in this year will be more good than last year, and it because in the 2018 the price of bitcoin and all cryptocurerncy is correcting the price, and i think right now the price of bitcoin will increase slowly

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