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Author Topic: Binance Coin - Not Far From The Falling  (Read 12417 times)
barlo357
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July 30, 2019, 12:18:47 PM
 #181

Any coin can fall anytime soon but I don't think that Binance coin is going to fall any time this year or in the next few years. It may be true that some coins that are in the top before are gone now and Bitcoin still remains as the number 1 crypto, but I think Binance is going to be able to hold for a long time.

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July 30, 2019, 02:37:18 PM
 #182

The thread describing the fall of Binance Coin was created in April. During that period of April 1 the price was above $17, further it never went low and has marked its all time high value. This shows that it has overcome all the predictions of Binance Coin falling low. Now Binance Coin has secured a place with its perfect way of promotion and new forms of keeping the market stable without any disturbance.

I have to agree here, BNB has surpassed expectations and credit to the minds and the models behind the business for taking care of that. But mind you, these are all manipulations. Burns and issuances and competitions all making sure people use the coin and buy it, thereby creating demand. BNB is nowhere worth the value it is today.

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bangdol
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July 30, 2019, 04:00:11 PM
 #183

conditions for coin prices BNB will be greatly affected by their exchange. as long as the binary exchange is still strong and gets great trust from the trade in the market, the BNB will still be good, even though it falls, the BNB will rise again. it is a natural condition that occurs in all crypto assets.
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July 30, 2019, 06:38:11 PM
 #184

I think only few people won't expect the price of the token to correct, the price of BNB has done well this year and has been well supported by the launch of Binance launchpad but this issue I have now is how well would they be able to list good projects on their launch pad because alot of people are concerned about the quality of the next launchpad


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July 31, 2019, 12:32:36 AM
 #185

BNB will go $50 this year. Don't you think that every time Binance held an IEO, price of BNB suddenly rises?
We all know that in Binance IEO, when you want to invest you need to hold some BNB to get some ticket and purchase the IEO.
With this method, I am sure BNB will not falling anymore.

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July 31, 2019, 06:11:50 AM
 #186

BNB will go $50 this year. Don't you think that every time Binance held an IEO, price of BNB suddenly rises?
We all know that in Binance IEO, when you want to invest you need to hold some BNB to get some ticket and purchase the IEO.
With this method, I am sure BNB will not falling anymore.

Yes, you are right, when we see any IEO on Binance the price of BNB coin is increasing and even did you observe when they start burning the price of BNB will also increase. I think the price of BNB will not decrease it's price because now we have seen there is Dex platform which seems some of the coins will divert to dex platform too.
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July 31, 2019, 06:28:23 AM
 #187

if later I fall I'm sure I'll definitely go up again. as long as the binance exchange is still running, of course it can be improved again. but when the exchange has not gained the trust of the trader it will be difficult. because the BNB will be very affected by their exchange platform.
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August 01, 2019, 09:01:38 PM
 #188

Any coin can fall anytime soon but I don't think that Binance coin is going to fall any time this year or in the next few years. It may be true that some coins that are in the top before are gone now and Bitcoin still remains as the number 1 crypto, but I think Binance is going to be able to hold for a long time.

Exactly. Binance Coin won't be going anywhere soon, especially after the recent developments of Binance exchange. With the newly announced Binance DEX, and several other goodies for BNB hodlers, there shouldn't be a reason why BNB should fail anytime soon. If Binance Chain continues to gather a lot of mainstream crypto projects into its platform, then it's internal BNB token might experience greater demand over the long term. Once this happens, then BNB might reach $50 all the way towards $100 per coin. It's a win-win situation for hodlers as they not only profit, but they'll be able to use BNB as a discount for trading fees.

Given how powerful Binance is relative to other well-known crypto exchanges today, it's hard to tell that it'll fall within the future. CZ is very smart, and knows how to keep up with the competition by adopting the latest technologies within the crypto industry. With unmatched customer service, unparalleled speeds, and a wide variety of trading pairs to choose from, it's no wonder why Binance is still the #1 crypto exchange of the world.

Nonetheless, I believe that the only way BNB would fail would be if Binance becomes hacked to a point where it's hard to recover its losses. That would collapse the world's most popular exchange along with its BNB token, until another competitor takes its place. However, such situation seems to be very unlikely right now especially since Binance has recovered from a hack which occurred recently. Hence, nothing could stop Binance from taking the lead within the crypto industry for future generations. Just my opinion Smiley

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August 01, 2019, 10:22:23 PM
 #189

It is funny when people think certain coin will fall just because it is at the bearish or being dumped recently meanwhile it is already up more than thousand percent from the initial price. Being dumped  is very common in cryptocurrency and these people shouldn't become pessimistic just because a dump.
decline does not mean the end and may not last forever. surely if there is a dump it is the potential for us to buy and there is a possibility the pump will occur afterwards. try to reach the lowest price and buy as much as possible, when going up, we will enjoy great benefits.
Actually crypto is normal for falling coins but we also have to see before when it falls if it has experienced an increase first? because if ever experience it, it's normal for a moment to fall as long as it doesn't get worse. it is true that you say that falling does not mean destruction. every time will be able to go back and go up again.
Indeed the crypto market is transferring itself from the correction mode-> the recovery mode. The last recovery was defeated by the bulls but the required time increases after each failed attempt by the uptrend. The price of BNB is not going to hit the $10 surely, traders expect a pullback after each broken trendline. The confirmation is necessary for strengthening the uptrend case which will be the next prosperous trade position.
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