Who Will buy Binance? 🤔

[blockman]

Elon is the first one that I have thought of. But if this is going to be the new trend in the competition of exchange then I'd be scared to see a monopoly on it.
Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.

[Reid]

The platform is built, their system is okay, the support is always ready. I think there will always be a buyer for such good businesses.
It doesn't need to be one human being like Elon Musk. It could be a group of whales or those who really invest in this kind of things.
Let's just take CZ as an example of trying to buy FTX, is it really just him and his company or are there other stems connected to groups of people who would buy a share? The circle of rich people is broad.

[Humility4sure]

Binance has been a great platform for trading and other cryptocurrencies related activities, the capitalization and worth of the exchange has grown over the years and as it stands, binance is the largest cryptocurrency exchange in the world. The founder has invested substantially in several cryptocurrency platforms and this has made the exchange gained momentum and recognition in the cryptosphere. In a circumstance where there is need for change in ownership, different players may need to pull resources together as binance is a very large platform.

[dansus021]

Who will buy Binance 🤔  if they go to dust 😔?

It is hard to say. But I reckon there will be a few more exchanges to go before that happens. Binance has been immensely popular. It grew fast, basically when there were few other options. However, even though Binance is an important company in the crypto space, it is far from irreplaceable.

Who will buy Binance? Probably someone with a lot of money. Perhaps Musk?

Hahahha but Mr. Musk just buy the twitter it not gonna buy Binance at short term.

Binance for now is very strict with their system maybe because there is some CeX collapse like MtGox can be examples that why their always using SAFU and Proof of asset as their shield to guard their customer

[albon]

Who will buy Binance 🤔  if they go to dust 😔?

It is hard to say. But I reckon there will be a few more exchanges to go before that happens. Binance has been immensely popular. It grew fast, basically when there were few other options. However, even though Binance is an important company in the crypto space, it is far from irreplaceable.

Who will buy Binance? Probably someone with a lot of money. Perhaps Musk?

Hahahha but Mr. Musk just buy the twitter it not gonna buy Binance at short term.

Binance for now is very strict with their system maybe because there is some CeX collapse like MtGox can be examples that why their always using SAFU and Proof of asset as their shield to guard their customer

Binance is one of the largest cryptocurrency exchanges in the crypto arena, I don't have the slightest expectation that this platform can go bankrupt one day, because the platform team has a systematic vision and already have strategies, funds stored, and great partnerships that can help in emergency situations, but if Binance goes bankrupt this There is no doubt that a disaster will happen in the crypto space, and no one will buy Binance except Musk, as he is the richest man on the planet interested in crypto, so this will be one of the biggest deals after Twitter.

[Yogee]

It's just one of those things where you sit back and watch as things unfolds. There are many companies or people that are more than capable of buying the exchange. I wouldn't be surprised if some banks or Governments make an offer someday.

Can you imagine what the offer will be like in trillionons of dollars for CZ to think of selling Binance when he doesn't want to. The chances of CZ selling Binance are very rare as it stands now. He's even considering buying a bank to add to his existing investment

It's tough to think that Binance will be forced to sell but we never know what's going to happen next. Did you ever thought that FTX will go down like this? I didn't expect them to make poor business decisions by putting the company's money on illiquid investments. One wrong move by CZ and his empire would crash as well. Not to mention the possible regulatory pressure that would leave him no choice but to let go of Binance.

[WalkerIVIV]

Elon is the first one that I have thought of. But if this is going to be the new trend in the competition of exchange then I'd be scared to see a monopoly on it.
Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.

I guess elon gonna hardly take ownership of these kind of exchanges, I think even though he's very rich but he definitely has the criteria of the business they he definitely wanna owns, and it's like twitter where there's so many potential left yet isn't being taken advantage of by the platform, then elon comes in and acquiring it with the vision of using that potential to its utmost, I don't think this is the case with binance.

[Oceat]

It's just one of those things where you sit back and watch as things unfolds. There are many companies or people that are more than capable of buying the exchange. I wouldn't be surprised if some banks or Governments make an offer someday.

I have a strong feeling that CZ wouldn't dare to put on sale his exchange and it's most likely he's going to do something about of the token. You guys think he's not ready if there's something bad going to happen to his business he's just gonna sell it?

Let's just guess and wait till things getting unfold but if CZ would sell it to the government or Banks, I think we better find a new exchanges in advance. I really hope CZ is ready about this since crypto market is always unpredictable and risky.

[Oilacris]

It's just one of those things where you sit back and watch as things unfolds. There are many companies or people that are more than capable of buying the exchange. I wouldn't be surprised if some banks or Governments make an offer someday.

I have a strong feeling that CZ wouldn't dare to put on sale his exchange and it's most likely he's going to do something about of the token. You guys think he's not ready if there's something bad going to happen to his business he's just gonna sell it?

Let's just guess and wait till things getting unfold but if CZ would sell it to the government or Banks, I think we better find a new exchanges in advance. I really hope CZ is ready about this since crypto market is always unpredictable and risky.

We dont know on whats up into his mind whether he had some back up plans whenever things turns out to be shit or does have those hidden intents on why he had been buybacking those coins.

Who would buy Binance? pretty much sure that he wouldn't let it happen on where he would be ending up on the one who being bought.

Its hard to make out some conclusions when it comes to future of anything.For now then its best to deal up and always be mindful about having that risk management.

[Wakate]

Luna goes bust
>3AC goes bust
>Voyager and friends go bust
>FTX buys it
>FTX goes bust
>Binance buys it


Who will buy Binance 🤔  if they go to dust 😔?

DO you think cz would be so dump that he will allow Binance to go burst? CZ is a wise man that knows what he is doing and he would not allow anything like such to happen to his exchange. Move over Binance is the biggest crypto exchange in the whole world with strong team supporting it.

Let's watch what could happen to Binance because I we all know that Binance had been hacked before and now it is staying strong and focus. Binance had finally take the decision and bought FTX and I know CZ will buy more if he has any such competitors coming his way.

[TelolettOm]

maybe a new exchange, which can fight binance, as we know binance is the biggest exchange right now, so if anyone can beat binance in the near future or later,  that exchange will buy binance assets, we don't know in the future everything can happen in the world this crypto

No chance for a new exchange to beat Binance. Even those top exchanges cannot beat Binance, so why a new exchange to beat Binance? It is something impossible.

I don't think there is an exchange to buy Binance assets, CZ won't share Binance assets.
The possible thing is that there is a bad issue related to Binance. It may be about the services on Binance or about the BNB coin itself. However, I think CZ can deal/handle with any issue related to Binance and BNB coin.

[blockman]

Elon is the first one that I have thought of. But if this is going to be the new trend in the competition of exchange then I'd be scared to see a monopoly on it.
Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.

I guess elon gonna hardly take ownership of these kind of exchanges, I think even though he's very rich but he definitely has the criteria of the business they he definitely wanna owns, and it's like twitter where there's so many potential left yet isn't being taken advantage of by the platform, then elon comes in and acquiring it with the vision of using that potential to its utmost, I don't think this is the case with binance.

I guess if he's come to the point of wanting an exchange then he can do that. He's partnered with the purchase of Twitter together with Binance as CZ has said that they've invested in that acquisition. That's why by having that, he's got already the connection to one of the biggest and leading crypto exchanges in the market. Who knows if these rich people would come to joke that they wanna take over about the operation then Elon can do that easily.

[irhact]

Who will buy Binance 🤔  if they go to dust 😔?

It could be elon musk who will buy binance!

I know this was a joke but I won't be surprised if Elon musk comes to Binance rescue anyday they have an issue with withdrawal as FTX had some days ago and resulted to the CEO wanting to sell the exchange. Binance had heavily invested in the right places and that's something FTX wasn't doing instead they were mismanaging their funds. FTX wasted money in sponsorship that had no impact on the growth of their exchange. Binance invested in twitter and Elon is a very close friend of CZ so they can get into some partnership in future if binance was to need one.
Binance also has ties with China government as billionaires from that country could help CZ out if he get into some money problem. The Chinese never abandon their own unlike we the westerner.

[DanWalker]

Luna goes bust
>3AC goes bust
>Voyager and friends go bust
>FTX buys it
>FTX goes bust
>Binance buys it


Who will buy Binance 🤔  if they go to dust 😔?

Binance currently dominates the market and has the largest market share, I don't see a problem with them right now so they have no reason to be liquidated like FTX. FTX was not transparent in its investments, they themselves became greedy and forced CZ to sell all his FTT tokens causing market panic.

Yesterday when Binance announced the acquisition of FTX, I didn't believe it because doing so binance would be sued for antitrust laws and would be investigated by the government. In the end, everything didn't happen and FTX was liquidated today. FTX has officially suspendedwithdrawals and there have been rumors they are filing for bankruptcy.

[el kaka22]

Binance and all the others that you named are not at the same levels. Binance won't go bust, but even if somehow it does then there are no people who could recover that all. At the end of the day, Binance knew what they were doing with this FTX deal and even though it may have looked big to many people, FTX was tiny compared to most other places and that is why them bankrupting and going down didn't hurt the market too much.

Everyone acts like there is a huge crash and we are dying but a daily 10% drop is nothing in crypto, it is very common, hell we are still above 18k which we were here just a few weeks ago anyway so it is not really a big deal at all and should be seen as normal.

[trendcoin]

...

Fortunately, Binance stopped buying FTX and this deterministic flow was broken at the last minute. :)

As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of http://FTX.com.

https://twitter.com/binance/status/1590449161069268992

We all have to admit that Binance is the highest quality centralized exchange in this ecosystem, but we should definitely not trust centralized exchanges. The problems that FTX and other shit exchanges are experiencing may one day be experienced in Binance. We must take our precautions and always be prepared for problems.

[rozak]

if that's the situation now, there must be more popular exchanges before Binance turns to dust. but now we can see how popular the Binance exchange is. he is gradually buying companies and partnering with local exchanges from several countries to develop and support Binance. Binance is so strong in the crypto market right now, it's hard to see a competitor any time soon. but that doesn't make something popular lose everything.
if anyone could buy Binance, I think he was the one who bought Twitter and fired some of his employees on his first day on the job. but I don't expect it to happen to Binance, because if it does, it means something bad is happening in the crypto market.

[Gayong88]

I'm sure Binance will be a great exchange for a long time. They are always innovating and creating new products for their customers, I don't see them faltering anytime soon.

The main problem here is that we are at the bottom of a “bearish cycle” which means crypto will generally go down until it starts a new uptrend.

[worle1bm]

Who will buy Binance 🤔  if they go to dust 😔?

Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market again.
Binance is pretty solid though, they have back up plans and their SAFU are still intact, Binance going into dust is like having a whole bad faith against cryptocurrency. Binance will grow more as they continue to innovate and with the plan to buy FTX, probably the share of Binance in the market will grow more.

Yeah there's always a big fish in the tank ready to eat the other when they get the opportunity and this time Binance is coming forward and all this happened because of it only and you know the big game there.Binance has much more liquidity then FTX and if they also go down if someone come forward or not people will loose money as they have in this scenario.

[bakasabo]

Who will buy Binance 🤔  if they go to dust 😔?

Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market again.
Binance is pretty solid though, they have back up plans and their SAFU are still intact, Binance going into dust is like having a whole bad faith against cryptocurrency. Binance will grow more as they continue to innovate and with the plan to buy FTX, probably the share of Binance in the market will grow more.

Elon Musk is not that almighty as people see him. He has bought Twitter with the help of other campaigns. He has spent those $44 billions not directly from his pocket. By the way, Binance invested $500 millions in Musk's Twitter purchase for example. In fact, Musk seems to be not much interested in cryptocurrency lately.

I dont think someone would really be interested in buying Binance. Because no one would consider selling or, if there is intention to sell it, then there is something shady with it. No one would sell such a profitable asset.