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Author Topic: Will Binance increase again?  (Read 807 times)
rahmatullah9305
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May 10, 2019, 09:22:28 AM
 #41

Last April, Binance and its CEO, Changpeng Zhao, have compiled a series of programs that encourage investors not only to invest in the BNB, but also to survive for longer periods of time. but unfortunately binance was hacked and lost 7000 btc. Most investments to the BNB are now also raising prices to anticipate Binance who is likely to continue to find ways to add value to their original coins back.
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May 10, 2019, 09:29:20 AM
 #42

I believe Binance will increase in price overtime.  If we check the plans of CZ, he puts demands for BNB as utility token.  All those who are interested to be listed on their DEX need to buy BNB for Dex listing fee.  Binance also use BNB as voting utility if a project don't want to pay for the listing but rather be voted as top nominee fo Binance listing.  It is also use for discounted trading fee.  Binance being one of the largest exchange surely give BNB a strong demand support.  Not to mention the manipulation happening on that exchange to boost their partner token and BNB price.

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May 10, 2019, 09:35:10 AM
 #43

We're on the uprising of the market and it's possible that this is just a recent dip for Binance base on the happenings. You should stop worrying that much because this is normal in this market, if you have been here for quite long time you won't think of something like this. Binance coin isn't even a dying coin.

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May 10, 2019, 09:35:16 AM
 #44

If the binance coin is decreasing, that's just for a while. Binance is a good project and I don't see the mere news of hack bringing it down.

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May 10, 2019, 09:40:12 AM
 #45

There may be a little difficulty to restore trust because there has been hacking, but with many users in binance I think the increase can happen and every investor has fear about the assets they have

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May 10, 2019, 09:40:18 AM
 #46

We're on the uprising of the market and it's possible that this is just a recent dip for Binance base on the happenings. You should stop worrying that much because this is normal in this market, if you have been here for quite long time you won't think of something like this. Binance coin isn't even a dying coin.
With working platform even there's some issue about the hacked they will survive, the market trend still bullish for Bitcoin and most Alts are losing value in paired with btc, continue to hold on and trust this coin it will be nice if you buy more and wait till the value rises up again.
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May 10, 2019, 09:46:45 AM
 #47

I now have all the funds on this exchange and it is very unpleasant that the recovery time for depositing and withdrawing funds will take a week. And if more?
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May 10, 2019, 09:50:40 AM
 #48

BNB coin will grow more than 30-40 dollars per token after they will finish all the milestones for the next couple of months. But I wouldn't jump now into it, coz it is too late.

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May 10, 2019, 10:27:42 AM
 #49

in order for an altcoin to rise again, it first has to get dumped again and that is partly why Binance is going down at the moment so if you are hodling any of it then it is a good time to get rid of it before you end up with a big loss like -90%.
but Binance is not going to die just because of this hack, they still have the market in their hands and will come back although they have lost a great deal of trust from users who are now switching to other exchanges.
I don't think that's all that makes the altcoin price in binance fall, but now that makes the altcoin price in the binary fall is the effect of the increase in the price of bitcoin, often when the bitcoin prices rise surely the altcoin price will fall, traders have fear and I It feels natural because a few days ago there was bad news that appeared in binance.
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May 10, 2019, 10:33:41 AM
 #50

Ive heard that the hacked didnt affect the overall market of cryptos and infact after the said hacking incident , the price of most cryptos are now skyrocketing  . so we can assume that the drop of binance coins are only normal . traders and investors do also sell thier coins at most times and thats the reason why we see some coins declining  .
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May 10, 2019, 11:08:02 AM
 #51

Despite recent events, this exchange has not lost confidence in many users. As for the BNB coin, it will grow in conditions of positive market sentiment. The situation is similar to other coins.
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May 10, 2019, 11:16:31 AM
 #52

Binance was hurt, but as long as ther's SAFU fund, there's no much worries among users. Binance will no lose its popularity. On the contrary, it may grow even bigger as they showed evidence how well they can deal with hacks.
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May 10, 2019, 11:28:46 AM
 #53

The situation that occurred with Binance is not very pleasant, but not critical for such a large exchange. Having such large volumes of trade, the exchange will be able to compensate losses and increase its growth. Yes, and this situation will show the resilience of the exchange and its viability, which will give customers confidence in the old and new.
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May 10, 2019, 11:34:48 AM
 #54

We're on the uprising of the market and it's possible that this is just a recent dip for Binance base on the happenings. You should stop worrying that much because this is normal in this market, if you have been here for quite long time you won't think of something like this. Binance coin isn't even a dying coin.
With working platform even there's some issue about the hacked they will survive, the market trend still bullish for Bitcoin and most Alts are losing value in paired with btc, continue to hold on and trust this coin it will be nice if you buy more and wait till the value rises up again.
Yes, they will survive obviously. They have their own chain and exchange to cater all of the operational cost. Just look at those exchanges that has been hacked, they are still there except mt.gox and cryptopia.

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May 10, 2019, 11:40:20 AM
 #55

Binance coin value didn't drop that much. It is not even %10, and you are opening a thread like it dropped %50. Fud yourself Cheesy


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rijaljun
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May 10, 2019, 11:42:00 AM
 #56

I think Binance team won't let the BNB price dropped too deep. They will do anything to increase BNB price no matter what. But, why should they do it right now? It's not a right time to push the price to the top, they better to work on security to ensure that everything is SAFE and none of any users are trading in a insecure exchange.

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rijaljun
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May 10, 2019, 11:51:40 AM
 #57

Binance coin value didn't drop that much. It is not even %10, and you are opening a thread like it dropped %50. Fud yourself Cheesy
Was drop from 20 USD to about 18USD few days back and that's about 10%
I think this issue is not a result of hack incident because based on coinmarketcap historical data, BNB price is dropping since early may and it's normal as this coin price is pretty volatile last month. Perhaps, this price is depends on IEO that conducted on Binance. The more IEO they conduct, the higher price BNB will reach.  Grin

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thesmallgod
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May 10, 2019, 11:57:51 AM
 #58

probably you are saying this because you have invested in BNB coin but I must tell you if you have done so to keep your coin and do not to selling. The price drop due to the hack and since traders were panicking due to the lost. This must have forced many to sell their BNB coin resulting in drastic reduction or decrease in the price of the coin. However, just as you have said that binance launch a project. It means as soon as normality resume back to trading on binance and other project are being continue, then BNB price and usability will start increasing again. For me, this is even the right moment to buy BNB coin and relax to make cool money later.
ridha inoue
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May 10, 2019, 12:04:49 PM
 #59

Of course BNB coins will rise again.
now the BNB is down because the ratio of dollars to BTC is higher, we can see whether at present BTC has touched 6000 dollars.
just waiting for correction and the BNB will crawl following the development of BTC too.
calm down just wait a little time and look how BNB grow up.

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May 10, 2019, 12:05:51 PM
 #60

Binance is the leader of crypto exchanges now. Therefore, BNB will definitely start to rise again. Unless they make another mistake. The slightest mistake can lead to an inescapable loss of value.

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