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Author Topic: Binance Downtimes during Panic Trading will cause the next Crypto Market Crash  (Read 179 times)
20kevin20
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February 24, 2021, 05:27:40 PM
 #21

I think some of these downtimes are in fact intentional. The time during which Doge got massively pumped was certain enough for me that they're using these "overloads" and "downtimes" as excuses to manipulate markets.

It's pretty dumb that people are acting based on what happens to exchanges or based on what celebrities say. But it's 2021 and we should already get used to it.. yeah, corporations and billionaires are going to be the main manipulators.
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February 24, 2021, 05:43:54 PM
 #22

I am calling it today. Binance usually goes down during peak and panic trading, which makes fear and uncertainties grow bigger. Most volume is being handled by Binance world wide. We are in a sad state with all these beautiful decentralised crypto currencies, but we all went for one exchange plattform because of low fees and convenience.

This is false. Many exchanges experience overloads during big dumps.

Kraken & Bitmex are notorious for this. While Bitmex is not going down, you literally cannot place an order due to timeouts. And yet, the crypto trading is still here.

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February 24, 2021, 05:57:06 PM
 #23

I am calling it today. Binance usually goes down during peak and panic trading, which makes fear and uncertainties grow bigger. Most volume is being handled by Binance world wide. We are in a sad state with all these beautiful decentralised crypto currencies, but we all went for one exchange plattform because of low fees and convenience.

Another bias post about cz and binance,  what are you calling? Nothing like that will happen and stop spreading fud thinking any reasonable person will pay attention to it, if you are that afraid you can save yourself and sell quickly,
Even now many people don't want to be on uniswap thanks to eth, if you have a better solution now is your chance to be a hero and provide it rather than making up stories.  Grin

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