Silver80 (OP)
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October 02, 2021, 11:28:48 PM |
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The title was making me feel confuse whether there was another ban again from the regulators but it seems like OP was misstyping it. Binance was making its service to be fully compliant with regulation. It was doing a temporary ban for the singaporean as the service will be fully migrated into the new site that will be dedicated to provide service for singapore citizens. Singapore was not reaslly strict but binance didn't wanna to take the risk by not comply with the regulation.
Singapore never say if they were attacking binance but your title made so many people feel confuse. I hope that the migration for binance sg will be completed as soon as possible and we will see the binance service will be available again there. It seems like any strict countries must br provided alternative site like binance sg and us.
I'm embarrassed to see people who dispute the title with the lack of the word "figurative" which means don't interpret what it looks like, if we talk about binance we should observe the results within the existing grace period, if you look at the development of the price is still increasing in recent days but things it has not yet reached the deadline that has been agreed with Singapore. read in https://bitcointalk.org/index.php?topic=5363192.msg58065284#msg58065284
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layoutph
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October 03, 2021, 03:37:51 PM |
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I am a solid fan of BNB since $15usd. This coin a great crypto to hodl on because of the massive amount of crypto running on its blockchain. There are plenty of NFT games running from BNB blockchain. It is a great competitor of ETH because of its low price. The value of the BNB exchange coin has recently depended not only on the success of the exchange itself, but also on the success of the BSC network. And since Binance Smart Chain does not experience any problems, Singapore decision cannot negatively affect the value of the BNB coin.
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TheGreatPython
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October 04, 2021, 07:48:06 PM |
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I just can’t understand what has been happening to binance.com as of recently. Almost in every country they have office they have been banned from operating in those countries, and I’m yet to understand the reason why all these countries have been banning them. They were banned in the UK, and there are also other countries that I can’t really remember that also banned binance.com, so what is the problem? Is it because of the way they work? Or is it that all these countries are seeing them as a threat to their security? Whatever the problem is, I think it’s time they look for a way to settle it. Seriously, they can’t continue like this. If they should continue this way then it’s going to make some people to start suspecting them.
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Strongkored
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Fully Regulated Crypto Casino
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October 05, 2021, 05:37:04 AM |
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I just can’t understand what has been happening to binance.com as of recently. Almost in every country they have office they have been banned from operating in those countries, and I’m yet to understand the reason why all these countries have been banning them. They were banned in the UK, and there are also other countries that I can’t really remember that also banned binance.com, so what is the problem? Is it because of the way they work? Or is it that all these countries are seeing them as a threat to their security? Whatever the problem is, I think it’s time they look for a way to settle it. Seriously, they can’t continue like this. If they should continue this way then it’s going to make some people to start suspecting them. If only read the news headlines that are included, it is understandable that it will make readers think that Binance is banned or Binance is banning users from Singapore, but what actually happens is that they are required to comply with the rules issued by the Singaporean monetary authority, and isn't this normal? when there are businesses operating in a country they must comply with all the rules that exist in that country. The thread title is even more bombastic , why should Singapore attack Binance?, when they themselves are crypto friendly countries
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Reatim
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October 05, 2021, 07:47:34 AM |
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How come that the title reflects on your thread and link given? lol itis the other way around and also it is binance decision and not the country of Singapore . I am a solid fan of BNB since $15usd. This coin a great crypto to hodl on because of the massive amount of crypto running on its blockchain. There are plenty of NFT games running from BNB blockchain. It is a great competitor of ETH because of its low price. The value of the BNB exchange coin has recently depended not only on the success of the exchange itself, but also on the success of the BSC network. And since Binance Smart Chain does not experience any problems, Singapore decision cannot negatively affect the value of the BNB coin.
I am not a solid Fan of Binance but i can say 30% of my folio dedicated for this coin alone as i also knew and believe in its future development and assurance .
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tvplus006
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To the Moon
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October 05, 2021, 01:14:48 PM |
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I am not a solid Fan of Binance but i can say 30% of my folio dedicated for this coin alone as i also knew and believe in its future development and assurance .
There should be no favorite coins for a trader, the main thing when choosing should be getting a potential profit. I am not a fan of Doge, but when circumstances arise that indicate an imminent pump, I buy this coin. Therefore, if you are waiting for a profit from BNB, then it would be reasonable to hold it until you receive the planned profit.
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noormcs5
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October 09, 2021, 09:45:03 AM |
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That's does not effect bitcoin or BNB but it will only effect the citizens of Singapore as now they can use the world no. 1 platform to trade on. The binance will continue its business and it does not matter much if one or two country does not allow them to operate in their country. Some day, singapore will regret this decision.
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Reatim
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October 13, 2021, 04:26:45 AM |
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That's does not effect bitcoin or BNB but it will only effect the citizens of Singapore as now they can use the world no. 1 platform to trade on. The binance will continue its business and it does not matter much if one or two country does not allow them to operate in their country. Some day, singapore will regret this decision. If you will check the full details , it is the other way around mate in which Binance do the action and not Singapore in whos who stop the deposit features. meaning it is Binance loss if not let this to continue in the future. I am a solid fan of BNB since $15usd. This coin a great crypto to hodl on because of the massive amount of crypto running on its blockchain. There are plenty of NFT games running from BNB blockchain. It is a great competitor of ETH because of its low price.
So this means you already earned thousands if not million dollars from Binance since couple years ago.
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sikke
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October 15, 2021, 10:52:12 AM |
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Yes, the Singapore decision does affect BNB, but I don't think that it does to the degree that you imagine. Binance coin has a lot more to it than just being a utility token for its CEX. It is also more useful in its application in the BSC which is arguably more important than its CEX going forward in time. I think that $500/BNB will be breached very soon as a matter of time. It is 3rd coin by market cap for a reason.
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Silver80 (OP)
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October 16, 2021, 12:57:26 AM |
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Yes, the Singapore decision does affect BNB, but I don't think that it does to the degree that you imagine. Binance coin has a lot more to it than just being a utility token for its CEX. It is also more useful in its application in the BSC which is arguably more important than its CEX going forward in time. I think that $500/BNB will be breached very soon as a matter of time. It is 3rd coin by market cap for a reason. there is good news About binance, making them stable again, they are good at maintaining issues and stability, they are working with a football club in Italy (S.S. Lazio). You can see the discussion below https://bitcointalk.org/index.php?topic=5365508.msg58169640#msg58169640
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Rabi3
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October 17, 2021, 10:28:38 PM |
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Binance.com's time has ended in Singapore they will stop the deposit feature, even though Binance, which is the largest crypto exchange platform in the world based on trading volume, members are given 1 month to withdraw. This clearly affects BNB
there is no way something this small can affect the price of bnb or Binance's reputation, there is not also a lot of users from Singapore compared to the total of users worldwide, and you said it yourself that it is the largest based on trading volume, and it still is after that too.
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peter0425
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October 18, 2021, 07:41:57 AM |
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I think that $500/BNB will be breached very soon as a matter of time. It is 3rd coin by market cap for a reason.
Right just 27$ away from breaking 500$ price for Binance so meaning any moment from now this can happen. also taking back the position from Cardano (as ADA took rank 3 recently) proves that BNB is still one of the most influential and safe currency to invest in this market. wondering 1k can be headed this year of 2021?
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