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Author Topic: Binance Reign is nowhere near its end!  (Read 6583 times)
Ochakemaput
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June 16, 2019, 05:48:46 AM
 #21

BNB on its way ti destroy its investor no time soon. Be aware. This hype is mostly from IEO which will have no future  as well. So, investing in BNB for long time is risking your money 5x more than investing in a shitcoin.
it will happen in the long run. if the developer has thought about this, of course they have prepared a strategy to reduce this risk. The IEO might backfire for binance. but as long as binance exchanges are still maintained and continue to be used for trade I think the binance chain will continue to grow.

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June 16, 2019, 05:54:18 AM
 #22


What I'm hoping though is that binance will do something extra ordinary to make their dex used by many traders. Many DEX will probably follow what they are doing to make this crypto market more independent and decentralize.

BNB on its way ti destroy its investor no time soon. Be aware. This hype is mostly from IEO which will have no future  as well. So, investing in BNB for long time is risking your money 5x more than investing in a shitcoin.
it will happen in the long run. if the developer has thought about this, of course they have prepared a strategy to reduce this risk. The IEO might backfire for binance. but as long as binance exchanges are still maintained and continue to be used for trade I think the binance chain will continue to grow.

Probably but I hope not after all they are the most powerful right now and can prevent anything that will destroy themselves.

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June 16, 2019, 06:34:46 AM
 #23

I guess we really need to give credit where credit is due and that is the man behind Binance, Changpeng Zhao (CZ). It will just like two years ago when we didn't know what Binance it and then suddenly it exploded, and taken the lead as the top exchanges. And then they developed and evolved along the way, offering their BNB and then their very successful projects during their launchpad. And even the hacks didn't stop Binance from taking the lead and raising the bar hight that the competition is left in dust.

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June 16, 2019, 08:32:07 AM
 #24

I do not see Binance is monopolizing the market. In the market is free and competitive, binance coin is growing by winning the hearts of a large crowd of the people, investors and traders. Its short span of time witnessed a vertical increase in price. It means the coin is accepted by a large mass of the people. Soon, the coin will surely stand in third position in the coinmarket cap.

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June 16, 2019, 10:41:09 PM
 #25


People will dictate the future of Binance, but the way I see it, it's not gonna end anytime.
Binance has made a good come back this year, and even made an ATH on its BNB token, and that is the fact and the statement of the people.

When it comes to regulation, I think the government are harsh sometimes but Binance always find ways to continue to operate effectively.

Yes, of course, they will not get the ATH because of its traders and it will not happen if people don't see the benefits that they can get holding or trading BNB. What I am waiting is what their dex can do, if it can make a difference in trading world.
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June 16, 2019, 11:15:20 PM
 #26

Binance is a great exchange and it is loved by many traders. It has created all conditions for comfortable trading and therefore it is not surprising that it is so popular. It is developing very rapidly and it is great.

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June 16, 2019, 11:29:10 PM
 #27

Finance is a great exchange and my best out of all, even when the hack issue came up I wasn't at all disturbed about it cos I know they will overcome and they came through

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June 17, 2019, 05:10:52 AM
 #28

Remember that binance hold 50% of total bnb.
Could be a great coin to invest or could be risky.

Bnb is not really decentralized when the owner hold more than 50% of bnb ... Same with ripple and other “cryptocurrency” that was pre mined before launch.

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June 17, 2019, 05:14:16 AM
 #29

Binance is really doing something amazing that's making them take the lead always;

* (Entrepreneurship-focused) They try new things always- Binance tries to bring surprises each time, trying new platforms, bringing new products whereas most of the competitors are stuck or wait for Binance to do and then copy which always leaves them steps behind

* Binance isn't acting greedy- Ideally, Binance has been one of the exchanges taking things pace by pace.. just look at te number of IEOs a month, and their maximum sales cap as well, the number of normal token listing a month, the trading fees, etc. In fact, Binance could issue as many IEOs as they want and it'll all be sold out, or even list as many tokens as they wish but they're taking steps carefully and not trying to be "greedy"

They've won many hearts already- Binance can be considered as one of the loved exchanges in the space.

Aside these are the numerous advantages of trading at Binance.

Even though many people see Binance as trying to monopolize the space, I see it as they're thinking as entrepreneurs whereas their competitors are "sleeping." And with that, they'll really reign for long.
we are not talking about its reign to end and I personally don't want it to end but there should be a reformation and an end to its overly used centralized power, which is theory problem I have with CZ
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June 23, 2019, 11:00:08 PM
 #30

Binance showed everyone how a crypto project should be! When they lost more than 45 Million USD through the hack, TRON CEO wanted to deposit that amount to help the Binance exchange. But Binance CEO thanked him by not taking Justin's money! Within two weeks, Binance users forgot the hacking incident. Because their funds were safe or Binance filled the hacked amount from their SAFU! Therefore, Binance's every IEO was great, every project has strong technology! Binance opened charity, educational institute, DEX and so many developments within a very short time! So, you are very right here, Binance Reign is not the near end

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June 24, 2019, 12:51:08 AM
 #31

Disappointed with the hack case yesterday, but binance managed to forget it and fix everything.
binance does good service, and the BNB has also become a truly profitable coin.
What hack are you talking about? Is there a hacking incident on the Binance exchange, i have not known this one. I have an account and frequently trading on their platform because i believe that they are secured and liquidity is good. The community is trusting Binance as their marketing on BNB is above expectation, many gained profit by holding BNB.
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June 28, 2019, 09:56:03 PM
 #32

So far I'm impressed with the work of binance this days and I feel its just the beginning for finance and its bnb token ,now that finance dex is been created it will be very hard to see new competitors that will stand head to head against binance

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June 28, 2019, 10:07:47 PM
 #33

I love Binance, and I respect CZ and his work, but never forget that he does not owe us anything, and that at any moment it could be over.

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June 28, 2019, 10:31:37 PM
 #34

Binance is really doing something amazing that's making them take the lead always;

* (Entrepreneurship-focused) They try new things always- Binance tries to bring surprises each time, trying new platforms, bringing new products whereas most of the competitors are stuck or wait for Binance to do and then copy which always leaves them steps behind

* Binance isn't acting greedy- Ideally, Binance has been one of the exchanges taking things pace by pace.. just look at te number of IEOs a month, and their maximum sales cap as well, the number of normal token listing a month, the trading fees, etc. In fact, Binance could issue as many IEOs as they want and it'll all be sold out, or even list as many tokens as they wish but they're taking steps carefully and not trying to be "greedy"

They've won many hearts already- Binance can be considered as one of the loved exchanges in the space.

Aside these are the numerous advantages of trading at Binance.

Even though many people see Binance as trying to monopolize the space, I see it as they're thinking as entrepreneurs whereas their competitors are "sleeping." And with that, they'll really reign for long.

Of course binance is just trying to make impact in their field of business. Now some people think of it as Monopoly where in other exchanges does not make constant effort to make a competition on binance that's why it is always on top of the exchange list.

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June 28, 2019, 11:30:39 PM
 #35

I can count a few companies doing as much as Binance is doing in the cryptoshere. They are instrumental to crypto dominance and I'm sure there will be more developments to follow in the coming years.
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June 28, 2019, 11:51:36 PM
 #36

I still give it to Binance for doing what they have done to remain top, they have made other exchanges to wake up and provided a model for up coming ones. Right now a lot of exchanges want to launch their exchange tokens and may eventually decide to launch Mainnet, the industry growing and I happy about it and Binance made a very good impact, no need for the hating.

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June 29, 2019, 05:53:57 AM
 #37

I do not think that binance is monopolizing the market. Instead it has become successful in winning many people and is serving traders to its best.
As a result, its token Binance Coin is increasing in price. Reports say that binance exchange is also bringing many services to its clients.
I have much faith in Binance exchange. It will continue to do well in the market.

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June 29, 2019, 08:39:53 PM
 #38

Binance will surely reign for long,  because CZ Binance knows how to dish out those news that will bring out demand for it,  Dex is the future exchange and Binance already have CEX and DEX meanwhile his competitors are still sleeping as you said
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June 29, 2019, 10:35:10 PM
 #39

Definitely, binance has proven to be a force to reckon with when it comes to exchanges. They are good initiatives and they always would like to be the first. I was thinking the recent hacking incident would affect their reputation but that didn't happen.

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June 30, 2019, 06:12:58 AM
 #40


People will dictate the future of Binance, but the way I see it, it's not gonna end anytime.
Binance has made a good come back this year, and even made an ATH on its BNB token, and that is the fact and the statement of the people.

When it comes to regulation, I think the government are harsh sometimes but Binance always find ways to continue to operate effectively.

Yes, of course, they will not get the ATH because of its traders and it will not happen if people don't see the benefits that they can get holding or trading BNB. What I am waiting is what their dex can do, if it can make a difference in trading world.

It's still too early to tell, but slowly their volume is also growing.
You can see the volume and the coins listed here - https://coinmarketcap.com/exchanges/binance-dex/

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