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Author Topic: Do you think can affect the Binance coin  (Read 300 times)
Hans Groober
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July 31, 2019, 09:48:19 PM
 #21

BNB is a coin of progress. This is the first exchange coin that went beyond serving exchange trading and became an independent coin in the blockchain of which new projects can be created. It definitely has great prospects and it is worth investing in it.

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August 01, 2019, 10:44:14 AM
 #22

Maybe it will affect to binance coin, but I don't think that will give a big effect because I think binance will anticipate that moves. I am sure that binance will think about how they can prevent so binance coin will still rise, and they will make another strategy. There is always a surprise in the cryptocurrency, and we will need to wait for a while about what will happen later.

Binance is a powerful exchange with a lot of opportunities. Even the latest hacking attack did not bring it much harm. BNB coin which is an integral part of Binance, is the trend token. It will be going up for several reasons. One of them is a hype - here, it is needed as  BNB really deserves attention. This is the coolest investment option for 2019-2020.
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August 01, 2019, 11:43:40 PM
 #23

Just read it and i think can affect coinbase and Binance coin https://www.interactivecrypto.com/blockchain-com-launches-cryptocurrency-exchange-to-challenge-binance-and-coinbase  do you think time to short?

maybe for a while yes, but not for long term,
but, for now binance still become the best exchange for me  Wink

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Menawi12
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August 02, 2019, 12:43:13 AM
 #24

Just read it and i think can affect coinbase and Binance coin https://www.interactivecrypto.com/blockchain-com-launches-cryptocurrency-exchange-to-challenge-binance-and-coinbase  do you think time to short?

The increasing number of good exchangers will make the investment climate in the cryptocurrency market more attractive. Blockchain is a big company and with the blockchanger exchanger, in my opinion not a binance competitor but will raise the level of investor confidence

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August 02, 2019, 02:29:59 AM
 #25

Of course this can affect their price. But will this be a worthy competitor for Binance and Coinbase? This is already an interesting question.
that's a new exchange site but it will actually become the competitor for both especially for coinbase consider that was the biggest bitcoin exchange site at this moment. Blockchain.com has hundred thousands of bitcoin users and when it will be integrating with its own exchange site and you can imagine how many accounts will be active again. Just a single click and we can trade our bitcoin.

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PuertoLibre
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August 02, 2019, 10:05:09 PM
Last edit: August 02, 2019, 10:26:16 PM by PuertoLibre
 #26

Binance IEOs improve the overall experience of the investors and they go for the BNB. Investing in promising coins becomes a new standard. It means you can see that BNB started to grow nowadays and I'm certain it is getting better. But it is not guaranteed, time will show us.  It implies, that such things don't have to be ignored, there are a lot of advantage and adequate things about BNB, these factors are what many people want in my opinion.
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August 05, 2019, 10:42:20 PM
 #27

Currently, Binance is the most popular exchange in the world, and this exchange has a large number of traders from different countries around the world. The impact level of Binance is vast, so BNB coin is one of the currencies hard to be affected by external forces. So it is difficult to negatively affect BNB if you are not the richest person in the world.
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August 05, 2019, 11:20:25 PM
 #28

It will if the exchange they are going to launch will be a success, Binance and coinbase has build their exchange and has improve it through time and it would not be easy for the newcomer to just get a big share of the total traders because they claim they are faster or they are better, that needs to be prove and they shall only see it once they are already live.

Moreover, if this will really become popular, this is good for us since this gives us another option to where we can trade and this market will not only be monopolize by a small number of big exchanges.  

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