Binance CEO finally admitted shilling both BTC and BNB

[cheezcarls]

The CEO of popular cryptocurrency exchange Binance, Changpeng Zhao, has admitted that he personally has been shilling not only his exchange’s own utility coin, Binance Coin (BNB), but also Bitcoin (BTC).

Zhao asserts that what is good for Bitcoin is good for BNB and it is his interest, and the cryptocurrency community’s at large, for both to be doing well.

Click here to read the full news

Okay now that he admitted, is it a good thing just for the meantime?

For me, I think I’m a bit surprised about him admitting that. Shilling both BNB and BTC? How do you guys react on this one?

Do you think Changpeng Zhao’s shilling both cryptos are reasonable? Or it should not be necessary at all? I would like to hear some of your feedback, opinion or reaction about CZ’s shilling?

Cheers!

[Ucy]

Did he really use the word shilling?
Well,  if he promotes his project the right way, like showcasing  what makes it better than others, that wouldn't be a problem. I guess if a project has nothing great to promote or  the developers fear it doesn't  meet "important Blockchain standard", the only option left for them is shilling.

Not saying bnb isn't a good coin. Am more focused on binance projects. None is really decentralized as far as I can tell.

[DaMut]

I have never seen him shilling bitcoin before, does that(I will keep shilling btc and bnb) can be considered as a shilling?  it does not look like one.
it is unnecessary for him to do it. just focus on what he is good at and do not say something stupid like what he did when he got hacked.

[avikz]

"Shilling" doesn't always used in negative lights! Shill usually means "calling out" to make it more prominent! But yes, sometimes it also used in negative light, but that's incorrect use of shilling!

So I don't think CZ tried to mean anything negative here! I mean promoting anything whih is not illegal, won't do any harm either! As a coin BNB is doing extremely well and I hope it will continue performing in a similar way for the years to come! In the crowd of thousand of failed coin, it's good to see some coin apart from bitcoin has rose to prominence!

[Teraboy]

That's more than reasonable if you are seeing the chart. The chart is more than enough to be a very strong proof why CZ is also shilling for bitcoin. A simple logic should be when bitcoin gets increase and binance too. When CZ is also shilling for bitcoin and that can attract more demands for bitcoin and that will give direct impact to the price of binance coin too. There is a very strong correlation especially BNB to follow bitcoin.

[BitDane]

The CEO of popular cryptocurrency exchange Binance, Changpeng Zhao, has admitted that he personally has been shilling not only his exchange’s own utility coin, Binance Coin (BNB), but also Bitcoin (BTC).

Zhao asserts that what is good for Bitcoin is good for BNB and it is his interest, and the cryptocurrency community’s at large, for both to be doing well.

Click here to read the full news

Okay now that he admitted, is it a good thing just for the meantime?

For me, I think I’m a bit surprised about him admitting that. Shilling both BNB and BTC? How do you guys react on this one?

Do you think Changpeng Zhao’s shilling both cryptos are reasonable? Or it should not be necessary at all? I would like to hear some of your feedback, opinion or reaction about CZ’s shilling?

Cheers!

It is not a surprise that he shill his own coin and BTC.  It is given knowing how he pumped hard his own coin up to almost $40.  And yes it is reasonable.  You need to market your own enterprise and that is what CZ is doing.

[TastyChillySauce00]

every person's movement has a motive and well, a popular figure among crypto users like CZ to shill certain coin for his own gain is really to be expected and not something out of ordinary.
It's people's mistake to get easily lured into believing or taking into account the opinion or shill of certain figures like CZ to their trading decision, can't really blame him if you are thinking with that logic though if he shill both these coin and it succeed to pump up the price that's certainly in my favour.

[spadormie]

I don't think there's any reason for us to hate him for shilling his own coin. I mean, he has any reason in this world to shill it because of the success of binance. And for me, we can only just blame people that are acting like crypto guru but this one is a proven one. Lastly, don't hate the guy that donated a million dollars in Australia brushfire.

[enhu]

Did he really use the word shilling?
Well,  if he promotes his project the right way, like showcasing  what makes it better than others, that wouldn't be a problem. I guess if a project has nothing great to promote or  the developers fear it doesn't  meet "important Blockchain standard", the only option left for them is shilling.

Not saying bnb isn't a good coin. Am more focused on binance projects. None is really decentralized as far as I can tell.

He said it in the tweet. https://twitter.com/cz_binance/status/1215206248175558656

I'm sure its not just him that does it to promote ones coin, its to market his own project and just like the other developers who shills. Its true that what is good for BTC is also good for BNB or any other altcoin as well. Those who invested to ETH also shills for ETH, its nothing new.

[Xardasim]

It is not a surprise that he shill his own coin and BTC.  It is given knowing how he pumped hard his own coin up to almost $40.  And yes it is reasonable.  You need to market your own enterprise and that is what CZ is doing.

At least it's better than projects that don't value their token. Is there a dev who doesn't? Maybe yes: they are scammers or they do their job very properly. We can hardly find people who are eligible for the second option in this market. I'm not defending it, but the market is already full of ugliness .

[casperBGD]

i think that it could be expected, if he is not talking good about BNB and BTC, who will? and it is not his fault is someone is buying crap because believed in some words, it is always better to do your own research. i do not say that BNB is crap, but if you plan to invest in it you should do your own research and have a plan what you expect from your investment

[tabas]

It's bitcoin and BNB so no big deal for him. He's the owner of BNB so it's an obvious call for him and BTC, everybody is saying that "buy bitcoin" so how can it be shilling?
He's a marketer and it's normal for him to that and what I like from him, he does support bitcoin so we do.

[Rengga Jati]

Did he really use the word shilling?

Not shilling, but shill.

Zhao : No guarantees, but the $bnb ecosystem will definitely try to #buidl faster than BTC again this year. I will personally continue to shill both.

I don't think CZ tried to mean anything negative here!

Yes, agree with you. I think what he means is "he will trust in BNB and BTC more than others". Well, it is his personal opinion, and I don't see any problems with it. So, we don't so worry and think too much about the negative effects of that word "shill". Instead, it is a good sign for BNB and BTC holders.  

[Captain Corporate]

 I mean is it really "shilling" when someone praises their own currency and bitcoin? First of all we are all here so we are all shilling bitcoin at least a bit, at least thats what I assume because in the end we are talking about literally bitcoin all the time here maybe except off-topic place. There must be very very minimum amount of people who both dislike bitcoin and still is here writing. BNB on the other hand is their own currency, it makes sense that he would shill his own coin, even if he thinks his coin was horrible, he would have praised it all the same, we have seen many many coin owners that had worse coins that shilled their own coin and none of us were shocked about it.

[tambok]

They are holding a large sum of BTC and BNB so they are really shilling it not because they truly believe in  it but because they wanted to make more money, they are using their name to manipulate people, they are not thinking what other will life will be after they shill and sold their coins and dumped the price, so let's not get manipulated.

[Xcode7]

The CEO of popular cryptocurrency exchange Binance, Changpeng Zhao, has admitted that he personally has been shilling not only his exchange’s own utility coin, Binance Coin (BNB), but also Bitcoin (BTC).

Zhao asserts that what is good for Bitcoin is good for BNB and it is his interest, and the cryptocurrency community’s at large, for both to be doing well.

Click here to read the full news

Okay now that he admitted, is it a good thing just for the meantime?

For me, I think I’m a bit surprised about him admitting that. Shilling both BNB and BTC? How do you guys react on this one?

Do you think Changpeng Zhao’s shilling both cryptos are reasonable? Or it should not be necessary at all? I would like to hear some of your feedback, opinion or reaction about CZ’s shilling?

Cheers!

We have to look at the context that he is talking about, I think it's based on mere promotional interests, we really shouldn't discriminate against other less powerful coins, because coins must have their own market, and many people also have their own tastes, so we can't claim that ours or the way we are the most correct. Because everything here is unpredictable.

[SolarWindMiningCompany]

The CEO of popular cryptocurrency exchange Binance, Changpeng Zhao, has admitted that he personally has been shilling not only his exchange’s own utility coin, Binance Coin (BNB), but also Bitcoin (BTC).

Zhao asserts that what is good for Bitcoin is good for BNB and it is his interest, and the cryptocurrency community’s at large, for both to be doing well.

Click here to read the full news

Okay now that he admitted, is it a good thing just for the meantime?

For me, I think I’m a bit surprised about him admitting that. Shilling both BNB and BTC? How do you guys react on this one?

Do you think Changpeng Zhao’s shilling both cryptos are reasonable? Or it should not be necessary at all? I would like to hear some of your feedback, opinion or reaction about CZ’s shilling?

Cheers!

It is not a surprise that he shill his own coin and BTC.  It is given knowing how he pumped hard his own coin up to almost $40.  And yes it is reasonable.  You need to market your own enterprise and that is what CZ is doing.

You are not wrong. CZ shilled bnb last year to a new record high. It was pretty obvious that CZ indulges in shilling but I didn't bother much especially when he's shilling a quality coin and respectful about it. The problem is not the shilling but how some people like Justin Sun abuses it. That's what irks most people

[ameliana]

It is not a surprise that he shill his own coin and BTC.  It is given knowing how he pumped hard his own coin up to almost $40.  And yes it is reasonable.  You need to market your own enterprise and that is what CZ is doing.

At least it's better than projects that don't value their token. Is there a dev who doesn't? Maybe yes: they are scammers or they do their job very properly. We can hardly find people who are eligible for the second option in this market. I'm not defending it, but the market is already full of ugliness .

Don't be pessimistic, keep believing as you believe before you invest with your portfolio before. in my opinion the Binance company does a good thing considering the market situation is still weak, but they can pump their own coins and BTC. This makes sense and is good enough, and at least can increase trust again especially investors from their coins.

[electronicash]

nothing is wrong with shilling his own coin and BTC, its their coin anyway.  it would be wrong if CZ shills for someone else token and then the token's team end up being scam. this is the case with mcaffee who kept doing it since 2017 but the projects today now can't be seen anymore. BNB is a good token anyway that it helped traders in binance.

[disconnectme]

Okay, what do you expect him to be shilling, he has a skin in the game, Tesla CEO does this often, shilling his projects. I believe there is anyone in this space get into the space because of Bitcoin, so it is very ideal for him to promote BTC, we all know that it is through BTC that money flow into the space