Binance: $BNB The Future of Exchanges. - page 169.

DuaLipa

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Quote from: MiBambino on September 24, 2017, 10:06:50 AM

Quote from: hormador11 on September 24, 2017, 09:47:08 AM

Quote from: MiBambino on September 24, 2017, 07:29:40 AM

Quote from: statdude on September 23, 2017, 11:59:15 AM

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it

Chinese government start investigation about Binance exchange and ICO.

True, but Binance is international. China can't ban it, it can only prohibit its citizens from using it.

I don't think Binance is international, they're completely Chinese, aren't they?

Thus, a mojar ban will hurt it very much including its investors and traders. It can turn into a dead lock.

MiBambino

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IMUSIFY - Award Winning Blockchain Music Tech

Quote from: hormador11 on September 24, 2017, 09:47:08 AM

Quote from: MiBambino on September 24, 2017, 07:29:40 AM

Quote from: statdude on September 23, 2017, 11:59:15 AM

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it

Chinese government start investigation about Binance exchange and ICO.

True, but Binance is international. China can't ban it, it can only prohibit its citizens from using it.

hormador11

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🌟 COMSA ICO: 10/02/17 🌟

Quote from: MiBambino on September 24, 2017, 07:29:40 AM

Quote from: statdude on September 23, 2017, 11:59:15 AM

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it

Chinese government start investigation about Binance exchange and ICO.

MiBambino

sr. member

Activity: 644

Merit: 252

IMUSIFY - Award Winning Blockchain Music Tech

Quote from: statdude on September 23, 2017, 11:59:15 AM

Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

I can't find any info about closing binance, plus they have tons of international clients which makes it difficult for China to completely close them. Maybe they'll just won't allow chinese people to use it

statdude

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Has it been decided if BNB will shut down due to china FUD / regulation? or will stay up as is? I saw them on the list of investigated ICOs....

dr.cheema

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Quote from: ALX3K on September 23, 2017, 03:15:44 AM

Quote from: dr.cheema on September 23, 2017, 02:55:26 AM

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

Binance is a very fast exchange and easy to use, i prefer it to some other exchanges.

Manny users, use it for fast mini trades.

I wondering why the BNB doesn't go up in price, there use low fees but at so many transactions the must be get a lot of revenue.

even there can collect the gas from all the neo deposits. Stratis stacking and more.

i cant see bnb holders get some revenue from the exchange income, i thing exactly this is the problem, no interest rate for bnb

thanks for information.... what you think ...will bnb do something for its value in future?? is it necessary to add in good exchange..??

AtheistAKASaneBrain

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Quote from: karmakeddon on September 21, 2017, 06:52:33 PM

As of right now, Binance has international customers doing most of the trading. The chinese can just go to Macau or Hong Kong and they will be able to trade. The ban is a region ban I think and not the accounts itself.

I know for a fact that a lot of the Chinese traders are getting back into the market by using VPNs.
I've seen leaked paperwork by the chinese government claiming they will try to crackdown on VPNs too, but this is delusional. There are new VPN providers pretty much daily. They would need endless resources to try to stop it. It's going to be pretty much impossible for them to stop it.

Oh and decentralized exchanges are definitely coming. the first atomic swaps are happening, this will change the game, it will be a mess for authorities trying to stop the free flow between cryptos.

kronos123

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Binance currency suffers for several reasons:
1) The whole market is red in these last few weeks, especially the coins that are listed on Binance exchange, such as Neo, Walton, Byton, HShare, OmiseGo, and even Stratis .... were all coins that had grown a lot in the weeks previous, and therefore today they lose more than others.
2) BNB is tied to double wire to exchange binance, along with its coins .... if they also drop the BNB will drop ..... it's almost as if BNB was a sort of index for exchange coins
3) BNB drops for the Chinese FUD on Bitcoin

Again: still a few weeks of suffering and descent, then the whole market will resume strong and BNB and exchange will resume to rise!

IMHO: Get ready for a sharp descent shortly!

newcoin01

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Quote from: ALX3K on September 23, 2017, 03:15:44 AM

Quote from: dr.cheema on September 23, 2017, 02:55:26 AM

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

Binance is a very fast exchange and easy to use, i prefer it to some other exchanges.

Manny users, use it for fast mini trades.

I wondering why the BNB doesn't go up in price, there use low fees but at so many transactions the must be get a lot of revenue.

even there can collect the gas from all the neo deposits. Stratis stacking and more.

i cant see bnb holders get some revenue from the exchange income, i thing exactly this is the problem, no interest rate for bnb

I also find Binance very userfriendly.
The price thing probably because China's decision about crypto markets.

ALX3K

member

Activity: 63

Merit: 10

Quote from: dr.cheema on September 23, 2017, 02:55:26 AM

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

Binance is a very fast exchange and easy to use, i prefer it to some other exchanges.

Manny users, use it for fast mini trades.

I wondering why the BNB doesn't go up in price, there use low fees but at so many transactions the must be get a lot of revenue.

even there can collect the gas from all the neo deposits. Stratis stacking and more.

i cant see bnb holders get some revenue from the exchange income, i thing exactly this is the problem, no interest rate for bnb

dr.cheema

full member

Activity: 840

Merit: 117

what can bnb tokens be used for... apart from fees discount?? How do they derive value??
have you applied for a bittrex listing or any other exchange for bnb??

bhaski

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Its surprising to see the coin still struggling to break out in spite of forming higher lows for some time now.

If all thats being said like " future of exchanges", "only 15% are Chinese traders", should be some form of breakup.. Holding a bag full firmly... Grin

thepo1m

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I think all this move is to force their citizens to use their own digital currency that they have in the pipeline, there is no way that part of the world will be left behind, because you can't eat your cake and have it

EnViRoNmEnT

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Sorry for a little bit offtopic. But is there a way on Binance to set a stop buy order or a stop sell order? Couldnt find anything yet

JohnDoe3490

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Quote from: Omega Weapon on September 21, 2017, 11:15:19 PM

Quote from: kronos123 on September 17, 2017, 02:19:13 PM

China has repeatedly sought to block Bitcoin's growth, but these are just speculative maneuvers.
The biggest farm miners are Chinese, they control price growth; these are just power games to buy Bitcoin lower.

When everything is over, Bitcoin will grow again, and Binance exchange will resume as strong a month ago.
It has almost all international customers, only 15% are Chinese.

All these maneuvers seems to have something else behind the scenes or at least that is what I believe, if the Chinese government really wanted to ban bitcoin they could do that in a heartbeat so I wonder if they are so against it, why they do not do it? So to me all of those threats, news and FUD are nothing but an attempt to manipulate the bitcoin market and obtain benefits that way.

Absolutely. They have "banned" it several times over the years.

MiBambino

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IMUSIFY - Award Winning Blockchain Music Tech

Quote from: Omega Weapon on September 21, 2017, 11:15:19 PM

Quote from: kronos123 on September 17, 2017, 02:19:13 PM

China has repeatedly sought to block Bitcoin's growth, but these are just speculative maneuvers.
The biggest farm miners are Chinese, they control price growth; these are just power games to buy Bitcoin lower.

When everything is over, Bitcoin will grow again, and Binance exchange will resume as strong a month ago.
It has almost all international customers, only 15% are Chinese.

All these maneuvers seems to have something else behind the scenes or at least that is what I believe, if the Chinese government really wanted to ban bitcoin they could do that in a heartbeat so I wonder if they are so against it, why they do not do it? So to me all of those threats, news and FUD are nothing but an attempt to manipulate the bitcoin market and obtain benefits that way.

you can't ban something just because you don't like it, and it doesn't happen in a heartbeat if probably a large portion of the government itself have invested in cryptos

Omega Weapon

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Quote from: kronos123 on September 17, 2017, 02:19:13 PM

China has repeatedly sought to block Bitcoin's growth, but these are just speculative maneuvers.
The biggest farm miners are Chinese, they control price growth; these are just power games to buy Bitcoin lower.

When everything is over, Bitcoin will grow again, and Binance exchange will resume as strong a month ago.
It has almost all international customers, only 15% are Chinese.

All these maneuvers seems to have something else behind the scenes or at least that is what I believe, if the Chinese government really wanted to ban bitcoin they could do that in a heartbeat so I wonder if they are so against it, why they do not do it? So to me all of those threats, news and FUD are nothing but an attempt to manipulate the bitcoin market and obtain benefits that way.

karmakeddon

sr. member

Activity: 378

Merit: 251

As of right now, Binance has international customers doing most of the trading. The chinese can just go to Macau or Hong Kong and they will be able to trade. The ban is a region ban I think and not the accounts itself.

MiBambino

sr. member

Activity: 644

Merit: 252

IMUSIFY - Award Winning Blockchain Music Tech

Quote from: gangnam2016 on September 21, 2017, 12:53:45 PM

Quote from: Xoce6patxopxe on September 21, 2017, 12:39:24 PM

Quote from: zidane on September 18, 2017, 02:44:01 AM

When Binance will list SONM? I heard that they wanted add them this month,
but for now I didnt find any more info which date exactly and which date we
can start to do our deposits. Someone can tell
me some more details?

Wow! I did not expect binance to add sonm. In my opinion this is a very doubtful coin

They officially said they will be adding SONM as it got voted on TOP 4. But who cares really? Binance isn't important as no one really trades there with Chinese people being banned...

That's where you're wrong, Chinese people won't stay banned forever, plus Binance is one of the fastest growing platforms in the world

Xoce6patxopxe

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SIMPLE SHOPPING AND SAFE PAY

Quote from: Bonanzacoin on September 21, 2017, 12:48:06 PM

Quote from: Xoce6patxopxe on September 21, 2017, 12:39:24 PM

Quote from: zidane on September 18, 2017, 02:44:01 AM

When Binance will list SONM? I heard that they wanted add them this month,
but for now I didnt find any more info which date exactly and which date we
can start to do our deposits. Someone can tell
me some more details?

Wow! I did not expect binance to add sonm. In my opinion this is a very doubtful coin

WHY?

Well, at least because they changed the terms for ico and as a result, presale investors bought more expensive than on mainsale

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