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Author Topic: Will Binance increase again?  (Read 666 times)
kevinzxz
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May 09, 2019, 11:28:26 PM
 #1

as we know, since Binance exchange was hacked, then Binance coin prices dropped every day and will this continue? whereas Binance Coin prices began to increase before Binance exchange was hacked, because Binance had made a new project, that is Binance DEX and Binance Chain, so in your opinion whether the price of Binance Coin will increase again and can restore the trust of investors to invest and use Binance project again?

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May 09, 2019, 11:36:27 PM
 #2

In my opinion binance still tends to rise again even higher than what has ever been achieved, the reason is because when the market is in a bad condition and when other coins have difficulty going up and even falling but binance can increase, therefore the increase can still continue especially when the market recovers


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May 09, 2019, 11:48:48 PM
 #3

Lol, honestly speaking all ALTs are dumping hard and it seems Binance Coin is now feeling the heat, and what makes it more dangerous is that BNB skyrocketed recently so if anything should correct, then I guess BNB should take the lead.

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May 09, 2019, 11:56:18 PM
 #4

there's no denying the fact that Binance experienced a lil bit of setback in the past few days. but seeing how big this exchange is, they will be back kicking in no time. the amount is pretty big for a small exchange and might hinder operations. but we are talking Binance here. they can cover those losses pretty easily.
but of course, one thing this situation wants to send a message to crypto users- even top notch exchange is not free from hacking. so either spread your wealth or send your coins to your own wallet

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May 09, 2019, 11:59:21 PM
 #5

Not good because binance hacked. Im sure the binance coin will increase again so don't worry about it.
Maybe this time we exprienced only a little decreased and for sure it will back again to the highest value and it will rise more.
The best we gonna do right now to those traders who tradr in Binance will trnafer for a mean while our coin to the seperate wallet.
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May 10, 2019, 01:11:35 AM
 #6

as we know, since Binance exchange was hacked, then Binance coin prices dropped every day and will this continue? whereas Binance Coin prices began to increase before Binance exchange was hacked, because Binance had made a new project, that is Binance DEX and Binance Chain, so in your opinion whether the price of Binance Coin will increase again and can restore the trust of investors to invest and use Binance project again?

$2.721.808.506    Do you know how much money this is?  And this is not a share of a Binance company. Binance have owners and when they make profit those owners get profit divided. BNB is just a utility token on exchange.

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May 10, 2019, 02:42:53 AM
 #7

If Binance tends to rise again there credibility will be proven that even a hack will not let them end there operations. If they can compensate the amount that they lose to their investors and will still run people will trust them more.
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May 10, 2019, 03:05:55 AM
 #8

Binance has a good coin and a working product, even if it experience a huge loss but i still believe that it will rise soon, fro now maybe it will drop a little bit maybe soon it will increase, and the people may pit thier trust back on it after the issue is settle. Maube all we need to do now is to make a search or update on it.
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May 10, 2019, 03:20:17 AM
 #9

Lol, honestly speaking all ALTs are dumping hard and it seems Binance Coin is now feeling the heat, and what makes it more dangerous is that BNB skyrocketed recently so if anything should correct, then I guess BNB should take the lead.
BNB is adjusting after this exchange is attacked. I think BNB will be very hard to raise prices in the near future because they don't have much big news yet and this is definitely a great opportunity for you to consider investing in BNB at a cheap price. BNB's price will soon return to $ 15 before the new price increase happens this year so if you have a large sum of money, BNB investment will bring you a lot of profit.
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May 10, 2019, 03:26:10 AM
 #10

being hijacked was normal in the world of high technology today, and this case can be happen to any exchanger out there, even such as big exchanger like binance got this problem too, and i think binance can recover quickly enough.

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May 10, 2019, 03:26:23 AM
 #11

In my opinion, this exchange is the best platform for cryptocurrency trading. The price of the coin will recover and will rise further. After hacking, they will make the protection of the exchange even better and more reliable.
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May 10, 2019, 03:32:31 AM
 #12

as we know, since Binance exchange was hacked, then Binance coin prices dropped every day and will this continue? whereas Binance Coin prices began to increase before Binance exchange was hacked, because Binance had made a new project, that is Binance DEX and Binance Chain, so in your opinion whether the price of Binance Coin will increase again and can restore the trust of investors to invest and use Binance project again?

BNB is the fuel for the next DEX by Binance. A small hack of the hot wallet of Binance CEX won't have a permanent effect on the price of BNB. As, the price of BNB is lower now, it is a good time to buy.

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May 10, 2019, 03:33:07 AM
 #13

as we know, since Binance exchange was hacked, then Binance coin prices dropped every day and will this continue? whereas Binance Coin prices began to increase before Binance exchange was hacked, because Binance had made a new project, that is Binance DEX and Binance Chain, so in your opinion whether the price of Binance Coin will increase again and can restore the trust of investors to invest and use Binance project again?
Yes Binance coin have been dropped a lot when they announced their hacking incident. What can we expect? It will drop for sure but once CZ fix things up he will start shilling again for the price to pump. Announcing the next IEO project on binance will surely pump Binance coin.

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May 10, 2019, 04:48:16 AM
 #14

Cz handled the situation excellently so no user has actually lost funds. The security exploit made them realize how lacking their security is so on a positive note, they have improved.  Thus, many will see this incident as an opportunity to accumulate more bnb and accordingly its price will increase once again.

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May 10, 2019, 05:03:33 AM
 #15

BNB will come back stronger, but as of now, I can't advise anyone to buy, probably until the dust settles because of the current panic as regards the exchange hack. Although Justin Son has pledged to deposit 7,000 BtC into binance, which can be a boost too.
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May 10, 2019, 05:07:29 AM
 #16

Binance  is a big Excenger, so I think they can get rid of their losses. They can return to their previous position. However, I do not have any proof that someone has lost their capital. So, their previous position is just a matter of a few days time.

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May 10, 2019, 05:09:57 AM
 #17

as we know, since Binance exchange was hacked, then Binance coin prices dropped every day and will this continue? whereas Binance Coin prices began to increase before Binance exchange was hacked, because Binance had made a new project, that is Binance DEX and Binance Chain, so in your opinion whether the price of Binance Coin will increase again and can restore the trust of investors to invest and use Binance project again?
The price of binance coin solely depends on the reputation of binance exchange that is the reason we don't have to trust BNB in long term.

IMO,the prices will increase once the binance resume their activities since they blocked withdrawal to find their security loopholes.

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May 10, 2019, 05:25:44 AM
 #18

as we know, since Binance exchange was hacked, then Binance coin prices dropped every day and will this continue? whereas Binance Coin prices began to increase before Binance exchange was hacked, because Binance had made a new project, that is Binance DEX and Binance Chain, so in your opinion whether the price of Binance Coin will increase again and can restore the trust of investors to invest and use Binance project again?

Binance coin was bound to take a bit of a hit. Yes, I think it will increase again as most things in crypto move up as well as down. But it may take some time for Binance coin to weather the storm. If you want to hold some, then it would have been best to sell as soon as you could after the hack, and then rebuy once the price has hit bottom and just started to rise again.
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May 10, 2019, 05:32:41 AM
 #19



Binance and BNB can be down for now but this is just temporary. Just like the legendary phoenix rising out of the ashes, Binance will soon be taking back the tarnished image it has and soon people will forget that a big hack happened into it. I am sensing that people are still trusting Binance all because they are not actually losing money here as Binance can easily cover the amount hacked. I think that Binance is very prepared for this unfortunate thing and they have already know what to do in case a crisis can happen. This is a hallmark of a good management and how professional they are in face of the threat. BNB can be dumping a little and this can be the best time to enter into it most especially for risk takers.
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May 10, 2019, 05:38:39 AM
 #20

Binance coin bnb will surely increase,  the hack does not really affect the price of bnb just a little bit, and due to bitcoin recent upward movements lots of altcoins are decreasing it's not only bnb
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