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Author Topic: Will Binance increase again?  (Read 808 times)
samcrypto
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May 10, 2019, 12:10:55 PM
 #61

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.
Exactly because binance is a huge company, they are the top exchanges and they are a huge coin. Despite of the hackers success on binance, they can’t just simply put down this coin because they have the back-up funds for an incidents like this. I hope binance will not become a shitcoins, not in the bull trend of the market.

HK88
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May 10, 2019, 12:11:19 PM
 #62

the possibility of binancecoin can increase again even though their exchange has been hacked but the volume of requests for their projects is still running, so there is still hope for binancecoin to experience price increases again.
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May 10, 2019, 12:17:49 PM
 #63

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 is a large exchange that is quite influential on crypto movements. I think the BNB has the potential to grow high, especially if bitcoin is stable again.
and however I think bitcoin is a peak crypto that is very binding on the growth movement of all the crypto that has been traded.

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May 10, 2019, 12:19:20 PM
 #64

the possibility of binancecoin can increase again even though their exchange has been hacked but the volume of requests for their projects is still running, so there is still hope for binancecoin to experience price increases again.
I am still very confident that binance will continue and this is only a very natural occurrence for all exchange places, but the most remarkable thing is when you see binance that can still be used for trading when there is such bad news, different from some other exchange places which stops no activity.
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May 10, 2019, 12:19:37 PM
 #65

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 has been the well known exchange for many people in the crypto community, and the amount that was hacked and stolen was small compared to what they make a year, and they said that it won't affect anything, and to be honest if they did not come out and announce that they were hacked no one would have noticed, and if anything this shows that they are transparent and trustworthy, and i think that actions like this may lead to the Binance increasing or at meat stay the same at it is.
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May 10, 2019, 12:56:18 PM
 #66

Binance is not the first stock exchange hacking problem. The last stock market will not be. Binance will now be aware of its weaknesses and will remain in the market more strongly.
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May 10, 2019, 12:58:21 PM
 #67

Nothing can ever spoil the good name of binance even in their darkest moment, I still believe so much in Binance. Binance is one of the best exchange in the world currently, their coin will surely rise again as soon as they are back on their feet.

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May 10, 2019, 01:00:14 PM
 #68

Binance is not the first stock exchange hacking problem. The last stock market will not be. Binance will now be aware of its weaknesses and will remain in the market more strongly.
it could be important lesson for other exchanges in market.they must developt and improve their security level so this accident will not repeated again in future.hacking be serious problem for us now.
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May 10, 2019, 01:01:40 PM
 #69

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?

I guess the proper term is that, can binance be able to manage and show resiliency? In that way we can emphasize that the problem is with their system, not the cryptocurrency as I first read it, it reminds me about negative crypto trust rating that might also affect its universal performance.
waynechong1995
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May 10, 2019, 01:02:26 PM
 #70

BNB has a pretty strong volume and support, investors might revise their position more since BTC has steadily grow with little response on negative news towards it. The effect of hacking is not significant as the price pretty much pick up in an hour after a huge dump. Since BNB has been already boosted quick alot since the launch of their DEX and IEO incentives. It wouldn't be too long for it to recover if the market is favorable to Alts again

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May 10, 2019, 01:50:08 PM
 #71

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?
It will all depend on how investors react. Will they move their money out of Binance? I think that the effect will only be short term. It might make some people nervous but since Binance is going to eat the losses themselves this thing will likely blow over pretty quickly. People tend not to take these things seriously until it affects them personally, that is why you still have people that store their money on centralised exchanges where it can be stolen.

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May 10, 2019, 01:53:30 PM
 #72

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?

I guess the proper term is that, can binance be able to manage and show resiliency? In that way we can emphasize that the problem is with their system, not the cryptocurrency as I first read it, it reminds me about negative crypto trust rating that might also affect its universal performance.
binance team has good skill and knowledge in cryptocurrency market.they able to deliver products that needed by cryptocommunity and i am sure investors will very glad with their work.
Ararbermas
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May 10, 2019, 02:10:39 PM
 #73

Yes of course because binance had a good team behind and very professional ,but for sure it will take alot of time again to recover because binance holders panicking , IMO on this year it's impossible to easily regain because of some negative news around the internet which still the problem because all bnb holder are very scared to stay.  
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May 10, 2019, 02:55:51 PM
 #74

With what I have been seeing since the ugly incident happened, my conclusion is that Binance will rise again because it has received massive support from crypto community and it seems many big wings fully trust the platform, so this is not the end of it.
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May 10, 2019, 03:26:21 PM
 #75

binance is one of big market exchange in the world, after that issue their said will backup full for all member, their do suspend for a moment for withdraw and deposit, if i see that no need long time for binance increase again

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laskybok
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May 10, 2019, 05:15:41 PM
 #76

The plunge in the price of BNB is not subject to the hack of Binance whatsoever, rather it is a general market condition. The coin that is growing present is Bitcoin, whereas altcoins are on the decline , which invariably affects Binance coin too. Therefore, we will still see this Binance gem grow.
StatesManG
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May 10, 2019, 05:23:18 PM
 #77

As far as I know, the Binance Coin bnb will of course increase. Although the hack or what ever incidence would affect the Coin but if you check,  it's gradually bouncing back in price.

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Christinebeauty
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May 10, 2019, 06:16:20 PM
 #78

Generally all altcoins are going down and BTC is still rising so it will be very difficult to say that the dropping of BNB is as a result of the recent attack. We can clearly associate it with the hack when alts start rising again and BNB is still dropping

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May 10, 2019, 06:23:56 PM
 #79

Binance Coin was for the whole period up up and up and you still want to raised it even higher? First, there need to be bigger correction for this asset.
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May 10, 2019, 06:32:27 PM
 #80

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?
Actually I was hoping for a complete crash of binance coin right after the security breach. But for God's sake, it dropped only by 8%. Fortunately the market is more matured now and it is not 2017s so this little dip won't do much damage to the binance coin.

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