Bitcoin Price and Binance

[el kaka22]

Bitcoin has been stale for couple of days now, I do not remember when was the last time we had a 10% day last time because we have reached 8 thousand dollars (and went back down for a bit and got back to 8 thousand but I do not count that as an increase) so I am not sure if binance is somehow related.

Maybe the people who hacked binance finally figured out a way to put that money into some exchange or somewhere and they are starting to sell their coins, it is 7 thousand bitcoins after all and if you sell them all at once you are going to break the market so they are selling it at a stable price in multiple exchanges that keeps the price not going above 8 thousand dollars but not dropping neither, like a cap on the price. If that is the case then we will go back up in price again with a bull rally as soon as their 7 thousand bitcoins are done selling.

[BitHodler]

As of now,  i currently dont know what's the status of Binance withdrawals.
But 3 days ago when i checked it,  it was disabled. Maybe at the current moment it has been fixed. But i cannot say it confidently.

Not sure what coin(s) you tried to withdraw, but 3 days ago the Bitcoin withdrawal option was working just fine, so did it the days after. Maybe you tried to withdraw an altcoin with network issues, which is more likely.

I mean the price doesn't gets affected with Binance.
So keep these misconception out of your mind.

It's not a misconception. People rightfully believe that it can cause the price to go down, and it briefly did till people realized that losing 7000BTC isn't all that bad with how these coins are taken out of circulation.

If you take that into consideration, and the fact that safu has the funds to fill up the gap, there was no longer an obstacle for traders and investors to worry about. I do wonder though, how much is left in the safu fund?

[WinslowIII]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

[Hypnosis00]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

There is no proof that it is an inside job or whatever it happens, they'll just announce that they've been hacked.
It is not an issue anymore, Binance has passed it already and they are back into operation. The good thing is that it won't affect the entire marker price knowing that Binance is one of the most known exchanges in crpypto. We are looking that no other exchanges will be hacked cause it something gives destruction and doubts to the traders.

[WinslowIII]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

There is no proof that it is an inside job or whatever it happens, they'll just announce that they've been hacked.
It is not an issue anymore, Binance has passed it already and they are back into operation. The good thing is that it won't affect the entire marker price knowing that Binance is one of the most known exchanges in crpypto. We are looking that no other exchanges will be hacked cause it something gives destruction and doubts to the traders.

Thanks for the most fucking idiotic reply of the year.

[samcrypto]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

There is no proof that it is an inside job or whatever it happens, they'll just announce that they've been hacked.
It is not an issue anymore, Binance has passed it already and they are back into operation. The good thing is that it won't affect the entire marker price knowing that Binance is one of the most known exchanges in crpypto. We are looking that no other exchanges will be hacked cause it something gives destruction and doubts to the traders.

I doubt it, i think many exchanges will be hack in the future we have to remember that hackers are also updated in terms of technology and they can do everything. If its inside job then Binance have a better purpose on doing that, its price right now is still increasing so the hacked incidents doesn't make big impact on the technology of BNB. The price of bitcoin will not depend on the exchanges, its still pumping and dumping despite of the lift on withdrawals and deposit of BNB.

[WinslowIII]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

There is no proof that it is an inside job or whatever it happens, they'll just announce that they've been hacked.
It is not an issue anymore, Binance has passed it already and they are back into operation. The good thing is that it won't affect the entire marker price knowing that Binance is one of the most known exchanges in crpypto. We are looking that no other exchanges will be hacked cause it something gives destruction and doubts to the traders.

I doubt it, i think many exchanges will be hack in the future we have to remember that hackers are also updated in terms of technology and they can do everything. If its inside job then Binance have a better purpose on doing that, its price right now is still increasing so the hacked incidents doesn't make big impact on the technology of BNB. The price of bitcoin will not depend on the exchanges, its still pumping and dumping despite of the lift on withdrawals and deposit of BNB.

New award given. Tards on a roll tonight.

[michellee]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

That could be true because, with the stolen bitcoin, they can do whatever they want, especially to pump their coin. But I don't believe if bnb do that to increase their coin because binance was one of the best exchange so far. But well, we never know the right situations that happen in binance, and we could only guess of what is happening in binance.

[Distinctin]

How can this hack be unrelated to the bnb pump considering the time frames? I'm thinking inside job, steal users bitcoins to pump their shitcoin?

That could be true because, with the stolen bitcoin, they can do whatever they want, especially to pump their coin. But I don't believe if bnb do that to increase their coin because binance was one of the best exchange so far. But well, we never know the right situations that happen in binance, and we could only guess of what is happening in binance.

BNB is one of the most potential coin in the market, I don't think that hack would make their business fail, they are just too big that can pose threat to other coins, with people trusting them, that make them grow their business even more, and the price represent it and proved it.

Inside job or whatever it is, BNB is still undeniably successful and seems like it will not stop leading the uptrend at this bullish season.