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Author Topic: Binance Coin - Not Far From The Falling  (Read 12416 times)
Deallove9
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June 01, 2019, 04:22:38 AM
 #61

I saw this for long and I wonder what on earth is the building on that make TA useless like never before , I have bags of this coin but yet we are in a world of decentralized which we all know this coin should drop but keep pumping and pumping with what we call manipulation .

This isn't build and its obvious that it need to drop and all people see is best coin and best that, I think there is much to the pump as nothing even the btc has never perform such surge ever since inception, the bnb is centralized and why we seeing the market like this .
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bolshojkush
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June 01, 2019, 05:08:12 AM
Last edit: June 01, 2019, 05:25:32 AM by bolshojkush
 #62

I see many people still supportive of BNB despite that hack but the truth is that they fail to deliver max security to their users. That was a very bad image for Binance and I will not  be surprised if they will share the same fate of Poloniex or Cryptopia. New and promising exchanges are emerging and Binance just gave them more advantage.

Poloniex or Cryptopia is generally impossible to compare with binance. These exchanges have become outdated both morally and physically. Binance will Always dictate the terms and innovate one of the first. But hacks will always be, the hackers are not sleeping.


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shaheer001
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June 01, 2019, 05:15:19 AM
 #63

Binance has its own very strong platform and the  Binance team is very active and give good incentives for holding BNB time to time so BNB will remain stable and its value  increasing trend even in bearish market is still going up.

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June 02, 2019, 03:45:20 AM
 #64

The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
I can't imagine your crypto charts with all these indicators and technical analysis tools. I am sure, technical analyze traders wait for a golden cross with 20 days moving average and 200-day moving averages for getting in the trade. Crypto charts are complicated and these indicators are simple for explaining this complexity.

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Fluxtorrence9
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June 02, 2019, 06:03:36 AM
 #65

Bnb coin is far from falling as I can tell ,many believe it will fall after reaching its ATH but to me it will keep nailing it ,with IEO doing well on binance exchange I think bnb token is just getting started
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June 02, 2019, 08:52:27 AM
 #66

And after this postulation of yours Binance coin kept soaring high. Let's not just bring up some unverified information, price predictions are not certain, TA fails sometimes too, market emotions overrule.
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June 02, 2019, 09:21:31 AM
 #67

It will go as high as $100 or even double it as the bullish trend continues.

One of the most popular coins in the market and the most profitable coin in the market thus far.
That's the kind of success BNB are enjoying right now and that is very attractive for investors.

If your prediction is $100, I think that's still conservative, and that would make you very profitable, I have confident on this coin, it's gonna pump more.

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June 02, 2019, 09:24:50 AM
 #68

here that is difficult to guess the project is strong and stable it for the last 1.5 years that they showed us was on the 1st place for the correction(as never happened) and only grew,and the fact that he now is at its Peak,but like the current starts rising market,so it is very difficult to say where it will go!
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June 02, 2019, 11:14:36 AM
 #69

here that is difficult to guess the project is strong and stable it for the last 1.5 years that they showed us was on the 1st place for the correction(as never happened) and only grew,and the fact that he now is at its Peak,but like the current starts rising market,so it is very difficult to say where it will go!
Yes banans well kept this heavy for cryptocurrency 18, almost falling. This is because of the exchange in contrast to the other projects continued to make a profit. And now the money will go to other projects, so it is BNB can go to the correction

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June 02, 2019, 11:21:17 AM
 #70

Generally in cryptocurrency market, a coin will not skyrocket continuously. It means a coin has to drop in price after reaching a point. This happens not only in cryptocurrency, but in everywhere including stock market. So it is obvious that binance coin will suffer a decline at a point. What we should observe the market at present and the potentiality of a coin.

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Iykecollinz
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June 02, 2019, 11:45:09 AM
 #71

I have decided to stay clear from Binance coin, though the future still looks bright for the going by a lot of developments and info around it, who knows if it is time for the developers to cash out huge. Binace have had a field day since the some months ago having seen it done over 600% of its lowest this year, I had fomo and burnt before and I do not want to risk it anymore

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June 02, 2019, 11:50:54 AM
 #72

I guess binance coin will reach the higher price in the next bull run, but after the price reaches the highest price, it will go down as usual because that is what happening in the cryptocurrency market. People will use the bull market to sell their bnb coin to make a huge profit, and they will wait for another down price that will happen after that.

So if you have a plan to make a profit from the binance coin, then you might buy binance coin right now before the price start to increase. But the good price was already happening in the few weeks or months before so you cannot get a lower price than now. But still, you can buy binance coin now.
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June 02, 2019, 11:53:08 AM
 #73

I believed that BNB is going to fall as well, but these guys from Binance are not going to stop doing awesome things. They have created the best exchange for now and are launching a DEX and margin trading almost at the same time. BNB will be a great competitor to ETH in the future.
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June 02, 2019, 01:06:24 PM
 #74

I believed that BNB is going to fall as well, but these guys from Binance are not going to stop doing awesome things. They have created the best exchange for now and are launching a DEX and margin trading almost at the same time. BNB will be a great competitor to ETH in the future.
well of course it will go down and can rise again because growth is not always good, the market is also up and down.
BNB  an ETH competitor in the future, in my opinion not, because it is not easy for BNB to compete with ETH.
everyone has a way to save the coins they have, so they can make a profit.

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June 02, 2019, 01:10:37 PM
 #75

Even if Binance only stay as popular as they are now, they won't drop in price.

Binance still burns 10 percent of their profits worth of coins at regular intervals as part of their structure, so this will continue making BNB less common and more scarce driving up prices.
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June 02, 2019, 01:27:43 PM
 #76

At the moment, the situation is a completely different BNB token at the moment is one of the most promising on the market and its growth potential is very large and soon the project will start margin trading, which will significantly increase the demand for BNB token and eventually increase its price.

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June 02, 2019, 02:00:24 PM
 #77

There is no reason for BNB dump. Margin trading is going to be launched, that will bring more clients to Binance and also more people who use BNB token.

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June 03, 2019, 01:53:32 PM
 #78

There is no reason for BNB dump. Margin trading is going to be launched, that will bring more clients to Binance and also more people who use BNB token.

Yes. BNP is stable if the exchange works fine. Also using BNB reduces trading fee and this helps trader to mantain the price using it.
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June 03, 2019, 01:58:13 PM
 #79

BNB is doing great in the market. The discount given to BNB holders in the Binance Exchange is really doing well especially that a lot of transactions and tradings happening these days. Definitely, BNB will.rise in value due to the demand.

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June 03, 2019, 02:00:51 PM
 #80

I think binance coin is one of the new coins and has good future potential. As a new coin, binance coin is able to compete with legendary coins of crypto currencies such as eth, xrp, litecoin, monero, etc. We should be proud of achieving this binance coin because binance coin also contributes to making the market better and more advanced. We should not give an assessment that binance coin is not far from the fall because our evidence does not support a coin that is developing well.
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