Binance is a threat to the crypto space

[ethereumhunter]

When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product

when there is a project that is not running and does not have a trade, I think it will be mandatory to dispose of the list of assets listed in their exchange. therefore an exchange must indeed make the best selection to become a requirement for an asset registered in their exchange.

Yes, the exchanges will do their job to make a selection for the project which is not running. I am sure binance will do this as that is what the other exchanges did. Binance wants to make their exchange become larger and globally so they need to have a good list of cryptocurrency so their member can trade without any problem. Yes, that will be difficult to select the project, but I am sure that binance can handle that thing.

[Little_king]

This really got me laugh has I can't really see why you said this cos its just an exchange like every other exchange in the crypto community but doing some special promo which makes it boom than expected .

The likes of other exchange never thought of using utility coin but it does with a marketing strategy of bonus to every trade you made using their coin .

It has also gain ground on the volume generating as best exchange with real volume with best of token and coin listed on it . so I dont see it as a threat to the crypto space but who knows tomorrow another exchange might come up with better plan and take the lead as well just the way it does from other top exchange then.

[motienvolam]

Binance has been on their pathway to become another dangerous giant in crypto, after Bitman. Binance's CEO and their team are very good to catch hot trends in crypto, they took over positions of Poloniex, then Bittrex, and became the biggest crypto exchanges within months. After that, their IEOs, and margin tradings will help them to build up much stronger position in crypto. Their effects, now, are widely in so many nations, and globally crypto communitites. In my opinion, it is interesting to see how margin tradings on Binance grow and whether it will take over the position of Bitmex in terms of margin tradings in the coming years.

[EdenHazard]

As you know Binance is No.1 crypto exchange in the world and most of users are trading on Binance and in future may be Binance will full hold on all market.

Don't be too ambitious, an exchange can be made and they (user) can turn away from binance. It's only a matter of time, as you may know a few weeks ago binance has been hacked, meaning that there are some gaps that hackers can access again and it supposed for every binance user be aware of this problem.

[libert19]

I disagree. Cz is blessing to crypto community, his trust and integrity has made what Binance today is!

Regarding centralization, I don't mind it as long as the power is used against bs (here bsv).

[republicrypto]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

i think its better for all exchange to delisted all bitcoin fork buddy,,
because personally i didn't agree with the fork on bitcoin
and about binance, i think not only binance, but all exchange have its own terms to delists or add any coins buddy
regards

[Bitfling]

When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product

when there is a project that is not running and does not have a trade, I think it will be mandatory to dispose of the list of assets listed in their exchange. therefore an exchange must indeed make the best selection to become a requirement for an asset registered in their exchange.

Indeed, exchangers must be have consideration before listing or delsting a project. Start from developers team inactive or daily transaction not reaching exchangers target. Good exchangers should be make a good selection new listing project because its about their member investment

[cahbagus555]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

I dont think CZ will be dictator in crypto space. We have a lot choice when choosing exchangers and the influence of CZ only in binance ecosystem, and the coin listed in binance, listed in others exchangers too. CZ doing a great job in cryptomarket and i think its not easy for him and the team building biggest exchangers in just 2 years.

CZ always has a change and that is why many investors have great faith when participating in this exchange. In fact, the Binance exchange has done very well in controlling the market situation and they have many new strategies to encourage investors to participate in this exchange. I personally like to join the IEO because it helped me to earn good profits and this is the main reason why i am excited to trade in Binance

Binance and their team very transparant during hacked. And i think this is why many people in crypto market trust on binance. With member trust and list only legit project makes their investor make big daily transaction and i think this why binance is biggest exchangers right now

[Sacramentus]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

binance is not a threat to the crypto space. Although cz has taken it personal to dictate to projects, you can see how he controlled harmony project but he can't to that to some projects. Projects who wants to be servants to cz are free to do so

[Iykecollins]

I do not believe this, before Binance, crypto have been existing just that it has garnered a great amount of influence and contributes in determining the fate of a project because of the amount of volume they control. Bchsv proved certain things wrong, had thought that after being delisted from Binance, it would have been dead but price still hold sway.

[Bharathi13]

Binance CZ is right on de-listing BSV & binance have set the benchmark for all the competitor exchange & they are also now following same, take example of IEO launchpads. If you have read this thread about BSV (SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper) created by nutildah then probaly you would have not questioned about dictatorship & threat to crypto space.

[Fluxtorrence9]

As bitcoin is the top coin and the highest volume crypto coin so is binance exchange ,its the king of all crypto exchange so don't mix things up ,binance won't be the top exchange forever though cos new exchange will take over someday

[masulum]

As bitcoin is the top coin and the highest volume crypto coin so is binance exchange ,its the king of all crypto exchange so don't mix things up ,binance won't be the top exchange forever though cos new exchange will take over someday

i agree with you buddy, may be today they are become number one, but remember, they already hacked, if they have another bugs on their website and can be found by hacker, i think trader will think difference about Binance.

[Pet240]

CZ has made a name for himself. He has succeeded in giving a befitting exchange to the crypto space and for crypto enthusiasts. Therefore, there is no form of approach he brings to the crypto space that will not be exceptional and if it is, it will be seen as being monopolized. Which invariably will be interpreted as a threat to the crypto space, which in my opinion, it is not.

[SaShiRaJaVu]

I disagree. Cz is blessing to crypto community, his trust and integrity has made what Binance today is!

Regarding centralization, I don't mind it as long as the power is used against bs (here bsv).

We saw what power can bring when his exchange was hacked, CZ wanted to roll back the loss they had and that happens when someone thinks that he is having control over everything. Imagine to what extend his thinking went when there was major loss because of the security flaw in his exchange, he wanted to roll back the entire network for that, it does not make him a blessing but a power monger  .

[dimonarka]

Maybe it is so. I think that binance is the best and most powerful exchange. This exchange has the largest volumes of trading and also they are constantly developing and launching new products. Therefore, Binance is definitely a future exchange

[Altryist]

Maybe it is so. I think that binance is the best and most powerful exchange. This exchange has the largest volumes of trading and also they are constantly developing and launching new products. Therefore, Binance is definitely a future exchange

If possible, I try to work only with finance, in extreme cases I have to use the services of other exchangers, but I don’t do it willingly, because almost everyone has worse conditions than finance, the commission is longer, the processing time is longer.

[Yalovtsev]

Today, the crypto-currency market is very unpredictable and speculative,and yet it can give a good income,and Vice versa,what BINANS did,first increased the turnover of trading,expanded the functionality of the exchange,plus marketing,and most importantly their own token for 1.5 years of WINTER,when everyone had a drop from x 5 to x 100,and they did not sink a penny at all,and only grew,that's the most important orgument in favor of this exchange and the project,so it is stable and popular!

[bangdol]

If possible, I try to work only with finance, in extreme cases I have to use the services of other exchangers, but I don’t do it willingly, because almost everyone has worse conditions than finance, the commission is longer, the processing time is longer.

that makes binance better than the other exchanges. their platform is running well, their coins have a market that has increased with several events being carried out. and the binance chain network that is now starting to develop.

[libert19]

I disagree. Cz is blessing to crypto community, his trust and integrity has made what Binance today is!

Regarding centralization, I don't mind it as long as the power is used against bs (here bsv).

We saw what power can bring when his exchange was hacked, CZ wanted to roll back the loss they had and that happens when someone thinks that he is having control over everything. Imagine to what extend his thinking went when there was major loss because of the security flaw in his exchange, he wanted to roll back the entire network for that, it does not make him a blessing but a power monger  .

But they didn't proceed with roll back, did they?

This is what cz said: To be honest, we can actually do this probably within the next few days. But there are concerns that if we do a rollback on the bitcoin network at that scale, it may have some negative consequences, in terms of destroying the credibility for bitcoin. — https://www.coindesk.com/binance-may-consider-bitcoin-rollback-following-40-million-hack

Everyone makes mistakes, it's that when you correct them is what counts.