Binance: $BNB The Future of Exchanges. - page 162.

nominee

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Quote from: toddy47 on October 12, 2017, 04:53:15 PM

Quote from: Bonanzacoin on October 12, 2017, 04:36:10 PM

Btw, i has made this slogan for the slogan campaign:

Binance, we start were others stop.

Unlock the future

Start here.

I think you mean where, not were or we're.

Anyway, Binance is growing quite quickly, $80 million current daily volume which is nearly half of the market cap for the coin.
Will this mean when Binance reaches 500 million daily volume we may see a billion dollar market cap for BNB? Who knows?

That's the main aim of BNB investors. By having BNB tokens, we have the opportunity to make our exchanges fees very cheap and get the futur with it! I strongly believe the platform will achieve many targts including being the first one on the list in terms of market cap.

toddy47

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Quote from: Bonanzacoin on October 12, 2017, 04:36:10 PM

Btw, i has made this slogan for the slogan campaign:

Binance, we start were others stop.

Unlock the future

Start here.

I think you mean where, not were or we're.

Anyway, Binance is growing quite quickly, $80 million current daily volume which is nearly half of the market cap for the coin.
Will this mean when Binance reaches 500 million daily volume we may see a billion dollar market cap for BNB? Who knows?

Bonanzacoin

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Activity: 308

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Btw, i has made this slogan for the slogan campaign:

Binance, we start were others stop.

Unlock the future

Start here.

Bonanzacoin

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Merit: 102

Quote from: FBZ on October 12, 2017, 04:22:45 PM

Im very bullish on BNB right now, there have been whales manipulating the market down, to accumulate, i watched huge sell walls popping up and dissapearing, soon huge buy walls appearing. I think it will reach 2-3$ easily within some days, because of the coin burn.

yes, but the game is over now. It allready went to 1.48 then they manipulated back to 1.29. But over now. Walls are breaking.

FBZ

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Im very bullish on BNB right now, there have been whales manipulating the market down, to accumulate, i watched huge sell walls popping up and dissapearing, soon huge buy walls appearing. I think it will reach 2-3$ easily within some days, because of the coin burn.

Bonanzacoin

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Quote from: disconnectme on October 12, 2017, 03:53:42 PM

Quote from: 5ensei on October 11, 2017, 02:33:26 PM

I was wondering the same thing, we are all waiting for binance to do the buy-back and burning! I guess people are buying some BNB coins now before the inevitable pump that follows

They will do that but can't just put a buy other on exchange just to avoid moving the market, most people will be surprise that what they are expecting form the buy back is not what they get, this is one thing I have noticed with most of these buy back projects. Dividend payment is the best

can u be a bit more specific? Wouldnt buying a million or even half a million drive it up?

disconnectme

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Quote from: 5ensei on October 11, 2017, 02:33:26 PM

I was wondering the same thing, we are all waiting for binance to do the buy-back and burning! I guess people are buying some BNB coins now before the inevitable pump that follows

They will do that but can't just put a buy other on exchange just to avoid moving the market, most people will be surprise that what they are expecting form the buy back is not what they get, this is one thing I have noticed with most of these buy back projects. Dividend payment is the best

Bonanzacoin

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well, if a million coins are gonna be bought back troughout the weeked AND burned.. The burning wont have that much effect but the buying back will. I wonder how that will work out though... people could keep setting higher prices... Undecided

davidroad

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Just a simple calculation. the profit of binance in a quarter could be estimate in this formula, if considering exchange is the dominant income: P = mean(Volume(day))*0.001*90. Volume(day) today from coinmarketcap is $ 72,330,737. Assuming this is the mean Volume each day. Thus, the P is $6,509,766 in total. 20 % of P is $1,301,953. BNB price today is $1.3. If taken this price as the mean(BNB) each day, it is likely to be 1 million BNB in all to buy back in this quarter(seriously I bet it is around 0.5-2 million BNB). There is 100 million BNB to be burnt. It might take much longer time than we have estimated. What confused me is that the profit of Binance shouldn't be just BNB(at least right now). So do they really need to buy back BNB, or just let 20% BNB in their profit burnt, which may not influence the market at all? In conclusion, I was too optimism about their buy back speed. Really hope my estimate is totally underestimated their burning speed. Let's wait and see their performance in 5 days. Grin

Shishir99

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Binance is becoming popular day by day.
Personally i like the graphics and design of Binance exchange.
Binance has features of buy back the Binance coin.
It is looking great for future.

FutureMill

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Quote from: vlad06 on October 11, 2017, 11:32:58 AM

When is the burn actually happening?

Here: https://support.binance.com/hc/en-us/articles/115001978652-Binance-Coin-Burn-Plan-in-2017-Fall

5ensei

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I was wondering the same thing, we are all waiting for binance to do the buy-back and burning! I guess people are buying some BNB coins now before the inevitable pump that follows

Ale88

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Quote from: gunmunj on October 10, 2017, 10:22:02 AM

is binance DEX? Why binance did make coin?

It's not DEX, and they made a coin in order to get commission discount for example and also to vote per the coin of the month poll. And the more the exchange increase, the more the coin increases its value as well in the long period.

vlad06

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When is the burn actually happening?

Mayorkal

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Hope bnb pump this weekend

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Quote from: Bonanzacoin on October 10, 2017, 11:17:13 AM

Would it be smart to buy in just before the coin burn?

Edit: its allready pumping a bit... i suspect this will go over $2 shortterm..

yes it would, but be careful it hasn't already been pumped a bit in anticipation of the burn

Bonanzacoin

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Would it be smart to buy in just before the coin burn?

Edit: its allready pumping a bit... i suspect this will go over $2 shortterm..

gunmunj

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is binance DEX? Why binance did make coin?

MiBambino

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IMUSIFY - Award Winning Blockchain Music Tech

Quote from: Xoce6patxopxe on October 10, 2017, 06:16:52 AM

guys, who knows, does binance have plans for adding new coins? when and what coins will add?

If you follow their twitter you'll know just as much as anyone

Xoce6patxopxe

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SIMPLE SHOPPING AND SAFE PAY

guys, who knows, does binance have plans for adding new coins? when and what coins will add?

Topic: Binance: $BNB The Future of Exchanges. - page 162. (Read 131883 times)