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Author Topic: Time for Binance DEX?  (Read 354 times)
vycl87 (OP)
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June 12, 2019, 07:53:17 PM
 #1

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.
I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week. Do you think this will continue?

I am waiting for your comments for both Verasity and other coins.
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June 12, 2019, 08:23:23 PM
 #2

Continue? No one knows actually and this do matter mostly on trader/investors intuition towards this token.I dont have much
idea on Verasity but if you do able to utilize the price movement then the important thing is to make profits in all sorts.

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June 12, 2019, 09:22:20 PM
 #3

Recently, the projects listed in Binance DEX have started to gain value.
The BTC price is recovering and altcoins are following the uptrend by going up in value, simple market dynamics, it has nothing to do with Binance or their DEX.

I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week.
Based on what are you saying this? A pump in the price? Shitcoins get pumped on a daily/weekly basis, that doesn't mean anything. You sound like a Verasity bagholder or shill trying to capitalize on the current pump, I will proceed to add you to my ignore list.

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June 12, 2019, 09:28:01 PM
 #4

Binance DEX had previously listed a project called Fantom. Then Binance had entered. Now, the Verasity project supported by Binance will enter Binance DEX. After Binance enters DEX, he enters Binance. I saw The Binance has a partner in the Verasity project.
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June 12, 2019, 09:57:59 PM
 #5

Obviously, they have formed a strategic partnership with Binance that's why the price is going up in recent days: (https://twitter.com/verasitytech).
Quote
What an incredible week for Verasity! We are the 2nd highest gainer, Thank you everyone. 🎉🏆

As I have said, Binance has this so called midas touch today. Every IEO they have listed had so far really goes off. And the thing is, there's no really secret behind it. It's just the name that really carry this projects, just look at how their native token, BNB is doing. I think the price will continue to rise until such time that investors book their profits and then move to the next Binance IEO's.

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June 12, 2019, 10:40:35 PM
 #6

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.

Are you sure this isn't just part of a broader trend in the altcoin market?

I'm wondering if the IEO design lends itself to a highly concentrated supply. Since they sell out more or less instantly (rather than being bought over days or weeks like ICOs) it's probable the entire supply is being bought at once by relatively small number of entities.

That may make these markets more difficult to pump.

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June 12, 2019, 10:45:49 PM
 #7

Continue? No one knows actually and this do matter mostly on trader/investors intuition towards this token.I dont have much
idea on Verasity but if you do able to utilize the price movement then the important thing is to make profits in all sorts.

Yes, that is the most important thing. As long as you are in profit, you are good to go. But you should know when to sell or stop. Because not all the time that you will be lucky and get the maximum out of it. Waiting for it to reach ATH might incur you losses instead. Very hard to predict the value of the coin. So sometimes it is better to get rid of the coin when you are already in profit and not be greedy about it.  Tongue
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June 12, 2019, 11:30:30 PM
 #8

Only CZ will decide which of the project will be the next to list on Binance Dex but like other said as long as you earn profit then continue. Binance Dex is looking good with continue listing project Im sure most trader will like this Dex.

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June 12, 2019, 11:40:50 PM
 #9

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.

Are you sure this isn't just part of a broader trend in the altcoin market?

I'm wondering if the IEO design lends itself to a highly concentrated supply. Since they sell out more or less instantly (rather than being bought over days or weeks like ICOs) it's probable the entire supply is being bought at once by relatively small number of entities.

That may make these markets more difficult to pump.
Agreed, when the entire set of funds gets into the hands of few number of people it is truly hard to pump the market. This kind of market won't be strong for a long there will be initial price pumping in large scale further we cannot experience gradual growth similar to the distribution that happens with ico's where there'll be growth with time depending on the distribution, listing on exchanges ad on similar events.

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June 13, 2019, 05:26:31 AM
 #10

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.
I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week. Do you think this will continue?

I am waiting for your comments for both Verasity and other coins.
It's only speculation and do you think that will be so easy to be listed on the binance? Remember about million dollars worth of fees that must be paid by the developers. I thought that it's too early to take a conclusion just because it gets a pump while this is a common thing in the cryptocurrency.
Dude, be patience vera is not the only one because there was a lot of potential competitors too wanna be listed on binance.

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June 13, 2019, 07:48:59 AM
 #11

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.

Are you sure this isn't just part of a broader trend in the altcoin market?

I'm wondering if the IEO design lends itself to a highly concentrated supply. Since they sell out more or less instantly (rather than being bought over days or weeks like ICOs) it's probable the entire supply is being bought at once by relatively small number of entities.

That may make these markets more difficult to pump.

I'm also interested on how the sale is conducted, it's seems they have this sort of lottery draw for Harmony sale.

Quote
May 28, 2019 08:00 (UTC): Binance Launchpad announced that there are 16,666 winning tickets, held by 12,977 total winners. That puts the percentage of winning tickets at 30.82%, among all 54,076 tickets claimed. Lottery winners will get 94,503.78 ONE tokens per winning ticket. The winners’ BNB balances will be deducted based on their number of winning tickets within 24 hours. If you won the lottery, please ensure that you have sufficient BNB in your account.

https://www.binance.com/en/blog/340019725819650048/Binance-Launchpad-Harmony-Sale-Results

I think this is done to curb those sort of 'insider trading'. But yeah, it looks like one good strategy to at least stop the pump-and-dump scheme of some whales who wanted to manipulate this kind of sales.

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June 13, 2019, 12:33:18 PM
 #12

Recently, the projects listed in Binance DEX have started to gain value.
The BTC price is recovering and altcoins are following the uptrend by going up in value, simple market dynamics, it has nothing to do with Binance or their DEX.


Actually, there was. As you can see with this tweet: https://twitter.com/verasitytech/status/1138774153383821312


I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week.
Based on what are you saying this? A pump in the price? Shitcoins get pumped on a daily/weekly basis, that doesn't mean anything. You sound like a Verasity bagholder or shill trying to capitalize on the current pump, I will proceed to add you to my ignore list.


I didn't buy any VRA yet. Actually, I am looking for advice which should I buy or not. I wish I had the power to influence the market so much. So I could make a profit out of every coin I bought with a simple article I wrote here.

I am just curious about Verasity? Is it worthy or not? If you know something you may share here. And if you don't have any idea please just be silent.

You can add me to your ignore list I will be honored Wink
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June 13, 2019, 12:37:09 PM
 #13

Binance DEX had previously listed a project called Fantom. Then Binance had entered. Now, the Verasity project supported by Binance will enter Binance DEX. After Binance enters DEX, he enters Binance. I saw The Binance has a partner in the Verasity project.

Yes, I've just seen on their Twitter page. They've announced about Binance DEX listing.

Actually, I started to learn about what is Verasity yesterday. And I realize that they don't have any influence on Bitcointalk. So, there are so fewer people know about it. I think I am about to buy some VRA. Because after 25th June its price may rise like other ones.


We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.
I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week. Do you think this will continue?

I am waiting for your comments for both Verasity and other coins.
It's only speculation and do you think that will be so easy to be listed on the binance? Remember about million dollars worth of fees that must be paid by the developers. I thought that it's too early to take a conclusion just because it gets a pump while this is a common thing in the cryptocurrency.
Dude, be patience vera is not the only one because there was a lot of potential competitors too wanna be listed on binance.


I am not mentioned Binance! I said Binance DEX as you see!

And yes it is not speculation. They announced on their twitter and CZ congratulated them.

https://twitter.com/verasitytech/status/1138774153383821312
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June 13, 2019, 09:35:54 PM
 #14

The project raised 17 million for building a mere online video platform? It's interesting they didn't include "blockchain" on their twitter description. https://mobile.twitter.com/verasitytech

Well, I do not think I will ever take any blockchain project that raises fund in that way seriously.

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June 14, 2019, 02:49:51 AM
 #15

The project raised 17 million for building a mere online video platform? It's interesting they didn't include "blockchain" on their twitter description. https://mobile.twitter.com/verasitytech

Well, I do not think I will ever take any blockchain project that raises fund in that way seriously.
Only one news related to Binance Dex also makes this coin up more than 60% in just one day. I think this is decentralized exchange will be a lot of other pennies known and if any news related to Binance Dex then consider buying immediately because the value of most projects is present at Binance Dex has a very high price after a few days and if luckier, you can double the profit from that information.

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June 14, 2019, 05:38:32 PM
 #16

So they have bnb as their currency and if they turn into dex than they will have to use bnb as the money you would get from the profits of it, like binance would make profit from listing new coins and trading fees etc etc and that profit would go to where exactly? BNB holders?

If that is the case as the biggest BNB holder they would make a lot of money but since their currency is open to public there would be a lot of people buying BNB and holding it trying to take away profits from binance as well.

If they somehow create another coin and only sell %50 or so to the public while claiming the rest as their own for the profits that is still giving way more than they are making right now. As long as a path for them to make as much as they are right now while turning into dex exchange is not available they will not do it.
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June 14, 2019, 06:24:12 PM
 #17

The project raised 17 million for building a mere online video platform? It's interesting they didn't include "blockchain" on their twitter description. https://mobile.twitter.com/verasitytech

Well, I do not think I will ever take any blockchain project that raises fund in that way seriously.
Only one news related to Binance Dex also makes this coin up more than 60% in just one day.

Yes, I am agreed with this point. And I have seen most of the coin which is announced before listing binance/dex were pumped very hard. even more than 100% in a day. Anyway I don't know about verasitytech will be listed or not. But the tweet says that will be listed.

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June 14, 2019, 06:36:56 PM
 #18

how I can see all trade historis on Binance DEX ?
I have account Binance DEX but on my smartphone just see buy and Sell , my trade history , my open order and my balance
Example https://www.binance.org/en/trade/FTM-A64_BNB

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June 14, 2019, 07:55:09 PM
 #19

I'm also interested on how the sale is conducted, it's seems they have this sort of lottery draw for Harmony sale.

Quote
May 28, 2019 08:00 (UTC): Binance Launchpad announced that there are 16,666 winning tickets, held by 12,977 total winners. That puts the percentage of winning tickets at 30.82%, among all 54,076 tickets claimed. Lottery winners will get 94,503.78 ONE tokens per winning ticket. The winners’ BNB balances will be deducted based on their number of winning tickets within 24 hours. If you won the lottery, please ensure that you have sufficient BNB in your account.

https://www.binance.com/en/blog/340019725819650048/Binance-Launchpad-Harmony-Sale-Results

I think this is done to curb those sort of 'insider trading'. But yeah, it looks like one good strategy to at least stop the pump-and-dump scheme of some whales who wanted to manipulate this kind of sales.

Whales who are intent on accumulating probably just need to bid for 2-4x as many tickets as they want (possibly across many different accounts), knowing their orders won't get fully filled.

This is probably good for smaller investors though, so they can at least have a chance at buying in rather than insiders and bots instantly buying it all.

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June 15, 2019, 11:24:49 AM
 #20

Binance is the biggest crypto platform for now and is trusted by many investors. Therefore any coins that have a cooperation contract with binance must have a good impact.
It seems that binance affects the fundamentals of investors to buy verasity, resulting in a surge in volume since early June yesterday.

The developer Verasity seems really intent on developing the platform, he doesn't want the platform to die like other platforms.
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